The Information Technology Environment Is the Combination of Social, Legal

question 89

True/False

The information technology environment is the combination of social, legal, economic, physical, and political factors that affect business activities.

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Definitions:

Forecasting Demand

The process of estimating the future demand for a product or service based on historical data, market trends, and other factors.

International Setting

Refers to the global context in which organizations operate, encompassing different cultures, legal systems, and market conditions.

Strategic International HR Planning

Projecting global competence supply, forecasting global competence needs, and developing a blueprint to establish global competence pools within companies.

Global Competence Supply

Refers to the availability and accessibility of skills and expertise worldwide that companies can leverage to meet their strategic objectives.