Organizations expand their operation globally to increase production and profitability. Expanding business globally requires much time, effort, and commitment to ensure the process goes effortlessly and readily.Pick a global organization that uses big data, data mining, and artificial intelligence to enhance its decision-making process. You will use this organization of your choice to answer the following:Describe five top challenges the organization faces in transitioning from a domestic to a global entity.Discuss the decisions involved in the organization that result in a global strategic decision.Identify potential issues that may arise from moving to the global market.Describe and document the critical issues facing the global company in the new environment and how management science tools can be used to solve such critical issues in a new environment.Do you think management science tools vary from one nation to another nation? Support your argument from the literature.From the literature, please describe and explain the conditions for this global business organization to use the following: big data, artificial intelligence, data analytics, and management science tools in their prediction process

Business expansion is a strategic endeavor undertaken by organizations to broaden their reach,…

Answered: Organizations expand their operation…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Organizations expand their operation globally to increase production and profitability. Expanding business globally requires much time, effort, and commitment to ensure the process goes effortlessly and readily.

Pick a global organization that uses big data, data mining, and artificial intelligence to enhance its decision-making process. You will use this organization of your choice to answer the following:

Describe five top challenges the organization faces in transitioning from a domestic to a global entity.
Discuss the decisions involved in the organization that result in a global strategic decision.
Identify potential issues that may arise from moving to the global market.
Describe and document the critical issues facing the global company in the new environment and how management science tools can be used to solve such critical issues in a new environment.
Do you think management science tools vary from one nation to another nation? Support your argument from the literature.

From the literature, please describe and explain the conditions for this global business organization to use the following: big data, artificial intelligence, data analytics, and management science tools in their prediction process

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