ULUSLARARASI İŞLETME - Deneme Sınavı - 5

E-commerce refers to the buying and selling of goods and services conducted over the Internet.  E-commerce also includes activities supporting online transactions such as marketing, advertising and customer services.

The following are the three major types of services (Laudon and Laudon, 2017, p.215):
• IaaS or Infrastructure as a service

• PaaS or Platform as a service

• SaaS or Software as a service

Benefits of cloud computing:

Descriptive analytics provide a summary of data to yield useful information, so the question 'what happened' is asked.

Machine vision allows a computer to see or the ability to capture and analyze visual information such as signature and photo identification.

Blockchain is a distributed, decentralized public ledger that facilitates the process of recording transactions and tracking tangible assets and intangible assets in a business network. It is the technology underlying cryptocurrencies such as bitcoin, is recent digital technology that can be used to create business value.

Potential impacts in incremental revenue growth area are:

Ethical normativism is the belief that ethical standards are universal, cutting across cultures and countries. Therefore, there is a set of moral rules that
everyone should follow with a wide acceptance of some basic principles for doing business (McFarlin and Sweeney, 2011, p.86).

SA8000 is a social certification standard that can be used as a framework by businesses to help certify their dedication to the fair treatment of workers across industries in any country.

Secondary stakeholders for CSR are:

Globalization refers to the shift toward a more integrated and interdependent world economy.

A free trade agreement (FTA) a pact between a group of countries that have reduced trade barriers/tariffs to exports and imports among them to increase the trade of goods and services.

Offshoring is the process by which companies undertake some activities at offshore locations instead of in their countries of origin.

Outsourcing is the subcontracting or contracting out of activities to endogenous organizations that had previously been performed by the firm.

Reshoring is the process of bringing production back to the developed nations.

A Multinational Enterprise (MNE) is any business that has productive activities in two or more countries.

An MNC (Multinational Corporation) is a firm that has operations and international sales in more than one country and a mix of nationalities among managers and owners.

Global corporations view the world as one marketplace and produce standardized goods and services to serve this market.

Totalitarianism is a political system in which there is only one representative party which exhibits control over every facet of political and social life.

Individualism is the political philosophy that people should be free to pursue economic and political endeavors without constraint.