The global marketplace has been impacted by technology recently. Discuss how technology has impacted the legal aspects of the purchasing process. Has technology also affected the ethics of purchasing?
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Importance of Technology
From a legal standpoint, the purchasing manager is granted the right to operate as the legal arm of a company for all purchases made. Unless otherwise stated this gives the purchasing manager express, implied and emergency authority to conduct purchasing operations for the organization they represent. Technological advances have both automated and complicated this process immensely.
The Legal Complications
On October 1, 2000 the federal Electronic Signatures in Global and National Commerce Act (ESGICA) also known as E-Sign, went into effect marking a technological advance that made purchases possible around the world via the internet (Yahya, 2011). The rise of technological advances has not only opened the door for purchases worldwide on a massive scale unseen ...
Solution Summary
The importance of technology are determined. How the global marketplace has been impacted by technology recently is given.
Important information about global marketplace. ... For instance, some technologies tilt the balance of the ... means making efforts that the technology permeates the ...
... more than ever, it is important for businesses ... of their business tactics, technologies and strategies. ... using a given business tactic, technology and ultimately ...
... in the consumer purchase decision process, probably the most important? If you were a healthcare provider who recently acquired the technology to genetically ...
... plans to changing situations, new technologies and market ... In modern management, technology ensures real time ... from this concept is the importance of control for ...
... the primary commodity in the world of e-commerce, as technology advances, the ... availability to those who need it for making business decisions become important. ...
Important information about Business Presentation. ... At some point of my presentation I will touch on how technology increases the Business Presentation 2. ...
... They give more importance to the value added features and convergence with other technology rather than ... the usability with the presented technologies and cross ...
... Technical High/Medium/Low Can be implemented using latest technologies Web Services etc ... Information technology has become an important part of ...
