Business Culture and Crafts

Question: Discuss about theBusiness Culture and Crafts. Answer: Introduction The globalised companies have been promoting a number of advanced technical procedures to support the partnership planning. In such regards, the use of the top technologies is much essential. According to Ferraro Brody (2015), the innovative technical tools help the business to strengthen the organisation position in a global context. The topic selected for the study is the evaluation of top three technology tools currently used to support the global business partnerships. The study will be recognising the top three technological tools for business partnership and will discuss the benefits of using such tools. Recognising such benefits, these technological tools will be recommended for establishing global business partnerships. Top Three Technological Tools Global business market seeks innovative ideas due to the high competencies in the global market. Some of the top technological tools are therefore used to improvise the business partnerships. These tools are e-commerce, ICT tools, and Cloud Computing. E-Commerce: Internet has become the major source of networking among the business companies. E-Commerce is the internet based networking tools that the business companies have been using for facilitating the global existence (Lin Chen, 2012). Therefore, it is one of the most relevant tools for supporting the global business partnership. Advantages of Using E-commerce Tools With the help of e-mail services, business companies can communicate with the partners (Mohapatra, 2013). Companies can get access to many of the innovative approaches through e-commerce tools. The business dealings though online medium is saving the cost and time for the business partners. ICT Tools: The implementation of the ICT tools is one of the most significant business processes to communicate with the global business partners. The global business partners connect with each other through the satellite, radio, internet networks, and cellular devices. The advancement of such technology is effective enough for determining effective business communication process with the global companies. Advantages of Using ICT Tools ICT includes the facilities of remote accessibility. It means the business partners can communicate at anytime and anywhere as per their convenience. The computers, internet, and other technologies are helpful enough in upgrading the knowledge skill of an individual. ICT tools help the business partners to share ideas, resources, and advices (El Kadiri et al. 2016). Cloud Computing: The global business includes the supports of huge number of employees and the business functionalities. Sometimes, it becomes much difficult to keep the track of each of the business data. The cloud computing is the best technology tools to store the information of the employees, business documents, and other significant purposes. Advantages of Using Cloud Computing The cloud computing technology is the best way of saving cost of the global business partnerships. It helps in reducing the capital amount, which is invested for structuring the business plan and establishing the partnerships with the foreign companies. Cloud computing provides the full assistance in restoring data as well as maintaining the information technologies (Lin Chen, 2012). In considering the managed service platform, cloud computing is one of the most reliable and consistent processes for the global business partnerships. The partner companies can keep the information of each of the business departments. Recommendation The modernised world has become much advanced and sophisticated. The latest trend of using internet is beneficial for the business partners to access the innovative facilities. The establishment of the e-commerce tool is also much helpful to connect with the global customers. Hence, these e-commerce technical tools can be recommended for supporting the global business partnership. In concentrating on the benefits, it can be inferred that the ICT tool can be recommended for the global business partnership purposes. The use of the internet sources for communicational purposes. The proper communication is effective enough in understanding the organisational objectives to achieve profitability. The global business partners can get the accessibility to share their experiences and evaluate the innovative business strategies for the future success. It is noted that global business partnerships deal with different types of business innovations. It is quite difficult to keep the record of each of the employees and the important business documents. Cloud computing tool helps in storing each of the required information safely. In fact, the recovery of the lost data is also possible. Moreover, the cloud computer is the latest innovations of information and technology, which helps the business to grow effectively in a competitive market. Therefore, it can be recommended that the cloud computing is quite significant to deal with the global business partners. Conclusion The study has been focusing on the evaluation of the top technological tools for global business partnerships. The e-commerce tool, ICT technology, and the cloud computing have been selected for facilitating the effective global business partnerships. Focusing on the benefits, these technologies can be recommended for the internationalised business purpose. References El Kadiri, S., Grabot, B., Thoben, K. D., Hribernik, K., Emmanouilidis, C., von Cieminski, G., Kiritsis, D. (2016). Current trends on ICT technologies for enterprise information systems.Computers in Industry,79, 14-33. Ferraro, G., Brody, E. K. (2015).Cultural Dimension of Global Business. Routledge. Lin, A., Chen, N. C. (2012). Cloud computing as an innovation: Percepetion, attitude, and adoption.International Journal of Information Management,32(6), 533-540. Mohapatra, S. (2013). E-commerce Strategy. InE-Commerce Strategy(pp. 155-171). Springer US.