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Day Trading in China a Growing Business - NYTimes.com - 0 views

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    A IT system would be the "New York Stock Exchange" since this is what is happening with New York and China. An issue that is raised that the citizens arent able to produce their own type of items to be shipped to exchange. The stakeholders that would be affeted in this article is Tokyo, New York, London and China. Thats because they all had contributed in the exchange.
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"RBNY to Use RFID at the Turnstiles" - 1 views

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    This article discusses the usage of RFID to collect tickets in sports arenas. This article discusses the advantages RFID has on the customers' part, as it states that "there's a lot of convenience - they can enter the facility faster, it speeds up lines and makes it easy to transfer tickets, and it's all done online. It's very convenient and powerful." They also mention some disadvantages, such as "the erosion of fan rights and the elimination of resale competition." Also, the article discusses the idea of using a smart card, for season-ticket holders, instead of using tickets. With this smart card, there will be advantages "like discounts at the concession stands that can be sent to fans via text messages and exclusive autograph sessions with Red Bulls player." From the business point of view, this "allows us to communicate more effectively with the consumer, learn what they prefer so we can adapt - it's almost a subconscious level of communication." This has the potential to be extremely helpful in getting customers what they want, and in turn making more money for the business.
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Best content in ITGS News | Diigo - Groups - 2 views

  • The main social and ethical considerations lie upon reliability of developing nations'
    • Madeline Brownstone
       
      you get that from the article? I don't see where.
  • for it is a major component that supports the foundation of software and hardware services and networks on a globally connected basis.
    • Madeline Brownstone
       
      Not seeing these ideas coming from the news item.
    • Elisavet M
       
      I found the issue to be rather indirect; now i realize, you also want direct evidence from within the article.
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India in Dire Need of Civil Engineers - NYTimes.com - 1 views

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    This article addresses some of the problems with out sourcing in India. It was an interesting article since normally we here how america suffers from outsourcing, but this article addresses some of the problems that come with the country that obtains the outsourced jobs. The stakeholders are the the Indian government who wish to improve the infrastructure. The workers of India who go to IT related jobs because they pay more money, even if they majored in other fields. The companies that our outsourcing jobs in the first place, and one could consider the colleges. The primary ethical issue is globalization, this issue concerns outsourcing itself(can't figure out another ethical concern). The primary IT system is software created by Indian workers
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Outsourcing to India Draws Western Lawyers - 2 views

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    This article is about outsourcing of lawyers in India to cut costs and do work that would otherwise be reserved for those often unskilled young lawyers. By relying on outsourcing to do the petty and tedious tasks of Western law firms, lawyers are saving their time, money, and are given access to a much larger work force for a given price. The combination of these main points greatly increases efficiency around the law firm and allows the lawyers to be more focused on doing their job effectively and with more depth. People with experience in outsourcing from a variety of industries strongly encourage the use of outsourcing for the simple and mundane tasks of the business for a multitude of reasons described before that could save the company a great deal of time and money.
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Ohio bans offshoring as it gives tax relief to outsourcing firm - 2 views

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    In Milford, Ohio the governor Ted Strickand is trying to stop all outsourcing because his two major reasons are the "threat of of a job but an IT security risk." Then it goes more deep saying how more than 90% of the workers are Indian and 7% and lower have job in America. Strickland is more concerned with the issues which are jobs, data security, privacy,and identity theft risks.
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Intel and J.P. Morgan Chase to Expand Indian Operations - 1 views

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    Intel is a company that develops processing technologies such as chips that are put into computer hardware. However recently they have decided to outsource certain necessary business operation to India instead of in the US. Additionally Intel has agreed with an investment banker named Morgan Chase, to invest about 1 billion of the company's money into this plan. Intel already has many of it's workers in India however wants to expand the business by increasing its workers within the company. Workers will be needed to help expand the company a long with workers both qualified and graduates due to the increased opportunities and positions. The reasoning as to why Intel continues to offshore work to India is because they are able to find high quality workers and can get work done at cheaper/lower costs. The organization affected mainly is Intel who is able to make a profit through investing in the workforce in India. Additionally the people who are in India that are given the jobs are able to benefit because more jobs are becoming available. The negative side to this is that, they are not paid as much as Intel workers in the US. Additionally another stakeholder is the U.S government itself that frowns upon the idea of offshoring jobs due to the knowledge that by doing this, job oppertunities available to Americans will decrease. The social and ethical issues and impacts of these are related to globalization and its impacts on both the country (India) and the United States. Although workers are given jobs the pay that they receive is not as much as a worker in the U.S would. This is done for the economic benefit of the country Intel itself, allowing them to create a greater profit by off shoring jobs to India. However those who are highly qualified and trained are able to find a job at Intel that matches their level of training. Thus they become employed if they need money. A positive impact to globalization is getting rid of the digital divide in a sense because fr
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Offshoring blamed in part for IT's jobless recovery - 2 views

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    A very slow recovery is seen in the field of IT after the economic melt down however the bad economy is half the problem since another factor which has been growing since a very long time. It is offshoring of IT jobs from developed countries such as US and in Europe to countries such as China and India. It is also predicted that the IT jobs shall go down by 50% in the next four years in Europe and US.Also in this article the solely blames outsourcing for lack of jobs in developed countries and does not talk about how leads to growth in economies of developing nations which increases the consumption of goods manufactured in the developed countries and also leads to creation of new jobs. Hence this article has only one opinion. It does not talk about the growing opportunities for IT workers in countries besides the US and so on. It should focus on how offshoring had led to the ceasing of digital divides since individuals in developing nations now have economic power to consume similar products as Americans or Europeans and also the growing economies give the government chances to improve the infrastructure. Hence in the end it benefits all.
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BBC NEWS | Business | India dismisses outsourcing fears - 1 views

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    India who has been receiving many jobs from other countries due to outsourcing tries to convince these countries that its advantages outweigh the advantages. Countries like the U.S. and the U.K. say that outsourcing harms their economies and is not up to quality standards. However India tries to defend this system, saying that the British economy has still been able to flourish even after outsourcing but admits that they need to keep training their workers to speak with foreign accents for better customer understanding.
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Intel and J.P. Morgan Chase to Expand Indian Operations - 0 views

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    Intel, a major computer-chip maker and Chase, the investment banker thats gone global, are now planning on outsourcing many important tasks to India, leaving what will left in the United States as high-proficiency jobs. Many other companies such as Cisco are also following Intel and J.P. Morgan Chase's lead by sending "lower-proficiency" jobs and tasks to India, leaving more space for jobs here. Immense amounts of money are being spent by Intel (1 billion dollars in investments and 800 million dollars in research).
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Outsourcing to India Draws Western Lawyers - 2 views

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    There is a huge increase in India's Legal outsourcing business. Many of these companies use hundreds Indian lawyers who do the hard work that young lawyers in the United States usually have, at a fraction of the cost. Some Lawyers in the Unites States go because "they say they stay for the opportunities to build a business and manage people." Some issues of this is that the Westerners must adapt to India's environment. Managers estimate that "About 5 percent of Western transplants cannot handle it and move back home."
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Banks to send IT roles offshore - 1 views

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    An offshore bank is a bank located outside the country of residence of the depositor, typically in a low tax location that provides financial and legal advantages. These advantages typically include: low or no taxation and easy access to deposits. This article discusses how the TSB bank is offering IT roles in India based on the back's outsourcing plans. According to the spokesman, the UK IT jobs would be offshored to support international growth of services; which would result in a dramatic cut to the domestic IT workforce. The primary stakeholders, are the the domestic IT staff and the IT roles that are being established in India and Africa.
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'Offshoring' advice upsets firms - 1 views

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    This short article talks about how leaders of the chamber commerce (An association of businesspersons and merchants for the promotion of commercial interests in the community)(answers.com) has recommended businesses in the UK to engage in offshoring, meaning taking their businesses outside. However, some greatly resented this and stated that it was "betraying" and "killing british skills"(Luckock). Members of the chamber commerce said that this could expand the business, and make it more competitive. The primary stakeholders in this case would be, the business owners, memebers of the chamber commerce, and the people that would be given the jobs due to offshoring. This is directly connected to business and employment. The companies owned by the men that dont want to go "offshore" are the business, while employment would be all the jobs that would be offered to those who need it if only the owners would agree to it. Lastly, while it does not say what IT would be used, it wont be technology that would be very complex. Especially, if you're sending these jobs offshore to certain countries whose people might not be exposed to all the technology that we have.
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Offshoring Outsourcing's Next Wave: How High? - 1 views

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    This article has to do with both offshoring and outsourcing. I thought this was an interesting article to read after reading the article we read in class because it gave a variety of examples of offshoring and outsourcing. This article gave a variety of point of views on the debates around both offshoring and outsourcing. First the article introduces a few examples of outsourcing such as computer processing and back-office business tasks. The author introduces ethical impacts the outsourcing creates because it uses technology and humans that are cheaper rather than using humans that are experts at a field. They also state that the current BPO offshoring profits in Indian have the potential to grow, but we are not allowing it to. People in a variety of countries are being payed less because of the differences in currency because of outsourcing. The author mentions Mr. Bourgeois, and his claim that "Mr. Bourgeois says, makes about $50 an hour, while in India a developer is paid perhaps $10 an hour. If the wages of the American developer are growing at 3 percent a year, and the Indian 15 percent a year the cost advantage will last a long time, he noted." The author mentions that there are a variety of parts of the debate on offshoring and outsourcing. The stockholders for these situations are the business people making money, the people working in foreign countries for less money, and people working the same job for more money. This is a great article to read after the one we read in class because the author provides the reader with a variety of point of views, and how the debate on offshoring and outsourcing can change if we can add other point of views.
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Offshore Outsourcing's Next New Wave: How High? - 1 views

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    The emergence of Business process outsourcing has transfigured the ways in which companies in developed nations, expand their services globally to businesses in developing nations. Although the cost for labor to support the extension of company engagement in third world countries is acknowledged as being relatively low (a beneficial advantage to most established business corporations), it has come to the attention of the participants (Businesses of developed countries) that it is of major importance to fully recognize the boundaries of business practices, culture, and level of intellectuality and experience within the hired portion of developing nation populace. Companies of information technology services, such as Dell, have come to form heightened concern about such global barriers, having attempted to transition call center labor in India and then deciding upon the withdrawal of such communication employment (due to the lack of consideration of business and cultural differences that impact business results). Based upon the data provided by NASSCOM (Indian software and services trade association), the conclusions drawn positively indicate that Business offshore processing has an overwhelming potential to grow in the next couple of years; although there is much room needed for consistent business growth (developing businesses, such as BPO in India, must rise at least 30 percent), the progression lies mainly upon the driving increase of skillful and educated information technology workers within India. The stakeholders, Information technology businesses in developed nations, surely stand by their statement supporting the increased use of qualified employers in the business environment of developing nations' companies (considered to also be additional stakeholders), for this will lower the cost involved in the off shoring process. The main social and ethical considerations lie upon reliability of developing nations'
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    My entire post was not posted on diigo, so here is the continuation: business functions, as developed countries' companies increasingly form reliance and trust upon the promise of the elevating skilled labor class, for it is a major component that supports the foundation of software and hardware services and networks on a globally connected basis. The reliability built within the business partnerships and bonds established in two differing cultural environments, is founded upon the agreement of mutual advancement and progress in regards to the establishment of skill by developing nations' employees. Although, the system of globalization and cultural diversity surface the obstacle of continuous intellectual and business development for developing nations, it is the gesture of surpassing cultural and business ideology that will truly trial both stakeholders involved.
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The Pain of Change at Boeing - 0 views

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    This article is about a book, and how it has ended the friendships between companies and employees. The article then goes into the topic of building a Boeing plane. A survey was sent out to the employees by the authors of this book to see if the company would make changes to its structure. However, many employees were laid off due to outsourcing. In the words of the article "Two aims of the outsourcing were to cut costs and to gain access to more foreign markets; both of those goals were largely achieved. " This shows that with outsourcing many people lost their jobs but the quality of the product was better than before. The 787Dreamliner had become much better with the technology used instead of the employees creating it. The employees were once treasured and considered themselves a family of sorts, but being replaced by Boeing they were obsolete and were easily expendable. The authors of the book say that anyone in top management should read this book and rethink their strategies for running the business. The book should also be read by the employees so they can work together to restore this idea of a family. The ethical issues in this idea of getting rid of workers so that better quality work can be done. By outsourcing jobs this allows the company to save more money than it would with having employees.
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RFID Business Applications - 2 views

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    RFID, radio frequency identification, is changing the ways companies and organizations operate. For the first time, they can create value in their products. In simpler terms, RFID is enabling companies to do so many different things they could not do before. It's important to know that RFID is used to identify people and objects. Each RFID tag has a tiny microchip within its body that can be recognized by a reader antenna. Even though this is bringing more business to companies because they have made it possible to shop much easier, it also is bringing them many issues because these antennas are permanently integrated into the tag, which can be tracked from anywhere. Given that the shopper purchased the item, the item can also be traced back to the shopper at any given time. Things like this can be dangerous in the real world because people's privacy becomes at stake. Either way, shopping is so much easier now thanks to RFIDs. The truth is, it's only a matter of time before they become a real problem.
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What's Lurking in That RFID Tag? - 2 views

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    After the professor of computer science and technical director of the Information Security Institute at Johns Hopkins University and his students broke the encryption of a popular RFID system in car keys, it was apparent that there is a security issue when it comes to the use of RFIDs. The stakeholders are consumers who use products that have radio frequency identification systems embedded in them. As seen from the experiment done by the professor and his students, people can have their cars broken if the encryption of this identification is broken. The area of impact is business because this identification is on items sold in stores. The IT system is RFIDs, which are radio frequency identification. These forms of identification are similar to bar codes because when scanned can show people the price of items. However, being more advanced, RFIDs also show what the item is, the trends in sales and much more.
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RFID Applications in Supply Chain Management | RCD Technology - 1 views

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    This article talks about the many uses of RFID in Supply Chain Management. There are various ways which businesses are benefited by RFID. In distribution, the ability to track the location of a product is very beneficial for both customers and businesses selling an item. The same tactic is also used with cargo and other items being moved, whether the distance is long or short. This is a useful application of RFID and also a cost efficient way of executing this procedure. Inventory counting is also made alot easier through RFID, since the product count is automatically updated. In the realm of retail and marketing.
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Usage of weak encryption codes in RFIDs - 0 views

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    In big corporations such as Wal-Mart, the use of RFIDs has increased, but the disadvantages of RFID is now a serious issue. With the use of RFIDs on items, the customer is able to avoid waiting at a register, and the RFID will charge the person's credit-card. Yet the tags embedded in the items bought, such as clothing, can be tracked down by the store management systems, risking customers' security and privacy. Since RFIDs do not require a power supply or batteries to operate, all that is needed is a wireless scanner, which Wal-Mart's managing system uses to keep track of the items. Privacy has now become a major issue within the use of RFIDs for many Wal-Mart customers. Also, in many credit cards and "gas-cards", RFIDs are being used, yet the information on the tags also stays within the system. At airports, many modern passports are now using RFID tags that can be scanned from a range as far as 30 feet. Thus this results in chaos for the passengers, and an issue in being able to control the airport security properly.
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    Large scale businesses like Wal-mart and government authorities in passport make use of sophisticated RFIDs which make the data stored in them or to be accesses through them safe, which helps them keep their business data or data of the clients(in some cases passport holders) safe, however many corporates make use of cheap RFIDs which have a weak encryption code to protect them. This code can be broken easily and hence the client of that RFID is vulnerable to hackers. Ford for example makes use of RFIDs manufactured by Texas Instruments, in their car keys. These RFIDs are protected by very weak codes, hence it is easy for thieves to break the code and steal cars.
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