Can any business today be a success without information technology and if not why?
No, I can not think of one type of busness that can successful without information technoligy or IT. Of couse large coorpartes have to have there servers, domain controllers, and all sorts of IT equipment to fuction propperly but when u get to small buisness, construction, lawncare, even babysitters or gas stations rely on IT for example, Construction companies rely on cell phones and computer to draw maps, blue prints, and other schematics witch cell phones must connect to a server in order to fuction as a phone witch is IT, the phone server same goes for lawncare and babysitters, as for Gas stations 75% of the population uses credit cards, and check cards or just checks and in order to process the transaction it needs some kind of modem witch connects to many diffrent servers around the world in order to verify and transfer funds.
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Answer . \nIt is the evolution of electronic devices that aid the access to information or data. Computers, servers, mircrochips, etc are all part of electronic devices that give things like your dell or HP computer more memory to store more software like Money, Quickbooks, Excel, etc. These pr…ograms will help to aid your business information software and make you and your company more productive. (MORE)
Information Tech has revolutionized the phase of business around the world. Local businesses have become international due to a simple website. I.T. has helped businesses in advertising. People who check their email may suddenly have a pop up at their page ends with sales up to 60% at JC Penny's! … I.T. has helped in customer service, huge corporations like Microsoft attend to customer needs through email and chat services. Networking internal and external in organizations has improved the working of businesses. Staffs and clients likewise can get in touch with the managers for feedback, progress reports and extensions. Communication has bloomed, two business organizations if they need to work together can easily do so. Hotmail, when merged with MSN was easy since the service was online. Business these days require a lot of planning, due to high tech organization systems on computers, planning can be done on an organized pattern, with schedule formats, grant charts etc. Huge databases can now be controlled and stored on network and back up drives. Accesibility of files also has become an easy task with series of password keys and shared folders. Cash transactions are easily made, delay in reduced hence giving liquidity to business. (MORE)
Information technology made the businesses easier to let communicate the other businesses, whether it's near or far away.
Information Tech has revolutionized the phase of business around the world. Local businesses have become international due to a simple website. I.T. has helped businesses in advertising. People who check their email may suddenly have a pop up at their page ends with sales up to 60% at JC Penny's! … I.T. has helped in customer service, huge corporations like Microsoft attend to customer needs through email and chat services. Networking internal and external in organizations has improved the working of businesses. Staffs and clients likewise can get in touch with the managers for feedback, progress reports and extensions. Communication has bloomed, two business organizations if they need to work together can easily do so. Hotmail, when merged with MSN was easy since the service was online. Business these days require a lot of planning, due to high tech organization systems on computers, planning can be done on an organized pattern, with schedule formats, grant charts etc. Huge databases can now be controlled and stored on network and back up drives. Together with the advancement of science and technology, technological innovations grew along with it, resulting to the emergence of new equipment and gadgets. No matter how big or small your company is, technology brings both intangible and tangible benefits to become cost efficient and to meet the growing demands and needs of customers. Technological innovations affect corporate efficiency, culture and relationship among employees, clients, suppliers and customers. The type and quality of technology used affect the security of confidential business information. Due to the burden brought by administrative tasks, like inventory, bookkeeping and records keeping, both big and small companies rely on computers to do their administrative works. The birth of Internet and online social networking sites tremendously decreased the costs of business operations. It also makes it easier for companies to use the Six Sigma management methodologies. Some firms shifted to outsourcing instead of hiring their own personnel due to the low costs associated with it. Because of the huge impact of technological innovations to companies, it is impossible for them to live with it. Commonly used high technology equipment: . Computers . Photocopier . Telephone . Computer printer . Internet . Paper shredder . Multimedia projector . Touch screen monitors . Computer mouse . Laptop computers Advantages of Technology to Business: . Customer Relations. Technology affects the way companies communicate and establish relations with their clients. In a fast moving and business environment, it is vital for them to interact with clients regularly and quickly to gain their trust and to obtain customer loyalty. With the use of Internet and online social networks, firms interact with consumers and answer all their queries about the product. Establishing effective communication with customers not only creates rapport with them, but it also creates strong public image. It allows business enterprises to reduce and to cut carbon dioxide emissions. . Business Operations. With the use of technological innovations, business owners and entrepreneur understand their cash flow better, how to manage their storage costs well and enables you to save time and money. . Corporate Culture. Technology lets employees communicate and interact with other employees in other countries. It establishes clique and prevents social tensions from arising. . Security. Modern security equipment enables companies to protect their financial data, confidential business information and decisions. . Research Opportunities. It provides a venue to conduct studies to keep themselves ahead of competitors. It allows companies to virtually travel into unknown markets. . Corporate Reports. With technology, business enterprises communicate effectively with their branch offices to deliver quality financial and operational reports. . Industrial Productivity. Through the use of business software programs or software packages, it automated traditional manufacturing process, reduces labor costs and enhances manufacturing productivity. It enables companies to increase efficiency and production output. . Business mobility. Technological innovations improved companies' sales, services, shorted lead time on receiving and delivering goods and services. Enables them to penetrate multiple markets at least costs. . Research capacity. It enables them to conduct studies on various companies to gain knowledge on the new trends in the market and way on avoiding them. A recent survey of United States manufacturers asked what they thought were the most important attributes an agent must possess to succeed. "Technical product knowledge" was most valuable while "Internet marketing capabilities," even in mid1999, came in with only I percent of the vote. With the advantages of IT for the manufacturer, the agent and the foreign buyer, advocacy and praise of comprehensive technical product knowledge is misplaced and takes us in the wrong direction. Surveys such as the one cited here not only reflect the current sentiments of the people, but also perpetuate similarities and traits that make it easier for us to identify those people and companies that we want to be commercially associated with. It is no wonder that most manufacturers are unaware of this fact - what little literature there is on the subject is not readily available. Thus, with a principal's preconceptions fixed in a pre-IT world, they do not grasp the convergence of IT with rep agencies that combine this technology and international experience. As a result, they will have a difficult time working from the same set of assumptions about how to conduct business internationally. IT is a miraculous tool. As Copernicus, the 16th century astronomer, posthumously demonstrated, evolving knowledge inevitably trumps conventional thought. And keep in mind that this is the same type of conventional thinking that is producing our gargantuan trade deficits. The current conceit might be that the world economy will always revolve around the United States and we can remain satiated indefinitely with just our home marketplace. Knowing that this thinking is not sustainable should help in forcing us to reappraise those things that can facilitate more exports of domestic products to our international partners. In the continental United States, the logistics of a manufacturers' representative calling on customers to explain their line (s) of products in their limited geographic area mostly precludes the need for Internet marketing. But internationally, when one factors in eight to 16 time zone differences on multiple continents, IT inverts the above scoring of attributes. Mindful of the obvious impracticality of traveling in person to see multiple of attributes. Mindful of the obvious impracticality of traveling in person to see multiple customers in far-flung locales, I have formed some guidelines concerning what lines to take on and how to interact with manufacturers: - Category Creators - Take on lines from companies that are making unique products. These lines, if they are highly differentiated and easy to understand through your client's Web site, give your foreign customer an immediate marketing advantage in his country and make unnecessary the need for a high degree of technical product knowledge. - Joint Selling - If you must take on a unique but highly technical product, make sure you work out an ongoing technical assistance arrangement with your manufacturer. - Gradualism: Domesticating the Process of International Trade - For those principals that are still uncomfortable working with overseas customers, start by selling to the United States buying offices of your foreign buyers. It is always interesting how many client manufacturers are surprised that many international buyers are located in North America. - Wave the Flag - Make sure your contract with manufacturers spells out that you do not want information relating to detailed product cost, production process methods or confidential business strategies. With the end of the Cold War, there has been a shift from the threat of ICBMs to economic warfare. Given the reality of industrial espionage, even amongst our own allies, by purposely keeping your company separate from the highly sensitive information of your principal, you demonstrate foresight that you have your client's best interests in mind. Wave Them In - The "them" is the FBI and the National Counterintelligence Center (NACIC). The FBI can consult with your clients about protection of sensitive data, and the NACIC posts advisories that can heighten their overall awareness of possible risks. Combined, this step and the previous one will help them feet more confident that they can proceed in the export process. - Wave Goodbye - If it becomes obvious during your meeting(s) with the manufacturer that they do not have the drive or the intent to create the infrastructure necessary for export, then Opt Out. You will be doing everyone a favor, especially your valued overseas buyers who have surmised that part of the agent's job is the vetting of unreliable suppliers. Now that the attributes and traits of international manufacturers' representatives, vis-a-vis domestic representatives, have been somewhat scrambled, I want to point out how international agencies might fall under a new classification. If under the current taxonomy, domestic manufacturers' representatives are a "species," then international manufacturers' representative agencies, as a "subspecies," might best be named "International Information Brokers" (IIB). Besides selling the manufacturer's products or services to foreign buyers, what greatly distinguishes the IIB is: They have developed the skills for the remote retrieval of information and the organization of that information for manufacturers that desire to sell internationally. Though hazy and vague to those not familiar with the process, in the hands of an IIB, resources are accessible from an ever-widening variety of sources. Technology affects businesses on many levels. The more efficient an employee is, the more productive he is to the company. In addition, the more a business stays in touch with its customer base, the better the chance of building customer loyalty. Advances in technology make that possible, as well as allowing employees from around the world to work via video conferencing and telecommuting to work. 1. Consumers o The impact of technology on a business isn't restricted to business use. A business is also affected when consumers use technology. At one time, the only way some people had to file their tax returns was through going to either a certified public accountant or a professional tax preparer, or doing taxes themselves. The tax code is complex and some people might not have felt secure in preparing their taxes on their own. However, accounting software evolved to the point where many people simply had to answer a series of questions and the computer would do the rest, including filing the information electronically. Crossover o The technology a business uses might not have been designed for businesses. From a marketing point of view, a company makes more money by going after consumers than businesses. Consumers might buy the latest upgrade to a technological device, such as an iPhone, while businesses tend to use products for longer periods of time. On the other hand, the more consumers purchase the latest product, the better the business side of manufacturing does. A company can reach the consumer market first, then expand into the business arena. When Apple added enhanced security features to the iPhone, businesses began to look at adding iPhones to the list of acceptable phones to use in the business environment, resulting in a crossover market. Social Networking o Social networking affects the business environment. Employees are connected to social networks. This can be a double-edged sword, however. An employee might post something about the business publicly which should not be shared. In addition, employees need to understand what gets posted for the public to see can have an impact on the work environment, especially if the employee is posting negative comments about the work environment or other employees. On the flip side, businesses can use social networks to monitor customer satisfaction. For example, if a customer is not happy with a product and he posts his feelings online, the company can contact the customer and try to resolve any problems. Since social networks have links to friends and family, seeing the company work hard to make things right with the customer might turn the potential loss of a customer into the chance to gain new customers. Telecommuting o Technology has had a large impact on the business environment in terms of telecommuting. With broadband access and computers today, as well as smartphones, employees can work out of their homes, saving the company money by not needing as physically large a space to operate. With video conferencing, business meetings no longer need to be face-to-face, saving on air fare and hotel reservations. (MORE)
Information technology is verry important in our day to day life and also to a business concern . Through Information Technology we can convey our messages that what we want .
Information Technology can be an important source of competitive advantage over competitors as well as allow firms to build business models using IT infrastructure and applications as enablers to provide better customer service and be an important differentiator. A relevant example would be TESCO'…s use of technology in the UK grocery sector. (MORE)
Answer . development in culture . globlazation . communication . cost effictiveness . creation of new jobs
Information technology helps businesses leverage their competitiveadvantages with ease. Managers can communicate throughout the valuechain while remaining at their desks.
Succession planning ensures that critical knowledge about businessprocesses remain with the organization after someone leaves. Theearlier succession planning starts, the more successful it will be.
IT consulting generally revolves around using one or more Information Technology systems (hardware, software applications, operating systems, peripherals, networking infrastructure, etc.) to solve business problems.. Business consulting is a more general term that involves using any kind of interve…ntion or solution (high-tech, low-tech, or no-tech) to solve business problems. (MORE)
The advantages of information technology are vast. True globalization has come about only via this automated system. The creation of one interdependent system helps us to share information and end linguistic barriers across the continents. The collapse of geographic boundaries has made the world a w…hole. The technology has not only made communication cheaper, but also possible much quicker and 24x7, it has also help spark growth through out many industries. All of this can make or break a struggling company. (MORE)
An understanding of the effective and responsible use and management of information systems is important for managers and other business knowledge workers in today's global information society. Information systems and technologies have become a vital component of successful businesses and organizati…ons. Information systems constitute an essential field of study in business administration and management, as they are considered a major functional area in business operations. It helps company to gain a competitive advantage (MORE)
Data management. By using databases and data tools you can spot trends and make business decisions. Web presence. Kinda self-explanatory. Organization. ERP/SAP. IT can help you streamline operations, help you spot problems and increase information dissemination. Basically, business management is …pretty archaic and ineffectual without IT. (MORE)
it is used in communication for inventory management for data management for customer relationship management
You mean a BS in Information Technology? (It's usually not very artistic ;). My BS degree in Computer Information Systems included a lot of IT stuff. IT is very generalized. Most IT people I know wear many hats: setting up new computers; installing software; occasionally, some programming; administ…rative ("admin") tasks, like assigning and maintaining user permissions; coordinating system functions, such as EDI communications with the business systems.. It can be very stressful, but, if you like holding a company's heart in your hand, it can be very rewarding. (MORE)
Information system is so important for business today to achieveoperational excellence. It is also used in innovating new productsand services. Customer and supplier intimacy can also be achievedwith the use of information system, as well as improved decisionmaking.
No, I can not think of one type of busness that can successful without information technoligy or IT. Of couse large coorpartes have to have there servers, domain controllers, and all sorts of IT equipment to fuction propperly but when u get to small buisness, construction, lawncare, even babysitters… or gas stations rely on IT for example, Construction companies rely on cell phones and computer to draw maps, blue prints, and other schematics witch cell phones must connect to a server in order to fuction as a phone witch is IT, the phone server same goes for lawncare and babysitters, as for Gas stations 75% of the population uses credit cards, and check cards or just checks and in order to process the transaction it needs some kind of modem witch connects to many diffrent servers around the world in order to verify and transfer funds. (MORE)
With the information technology a small company can process more information (financial for example) by the less amount of people
to name a few, there is the advantage that you can check into your bussines from the computer in your home or the laptop you took on vacations and the so. But the most important advantage that comes to mind is the speed on sending bussines related documents electronicly over the world wide web no ma…tter the distance or country. (MORE)
Although the causes for information technology (IT) project success and \nfailure have been the subject of many studies, there has been relatively\nlittle attention given to how individuals attribute IT project success \nand failure. The purpose of this research is to determine how project \nmanager…s attribute IT project success and failure. A questionnaire form \nwas designed for study in this research and mailed to the 500 major \nmanufacturing enterprises, ranked with respect to their sales from \nproduction in the year 2006, published by Istanbul Chamber of Industry. \nThe questionnaire consists of three sections. The background information\nsection addresses issues such as respondentpsilas gender, age band, \nmain job responsibility, the length of employment time; and \norganizationpsilas type, estimated annual turnover, number of employees,\netc. The project failure section addresses issues such as involvement \nof the respondent, size and importance of the project, project failure \nreasons such as going over budget, going over time allocated, having no \ngreat organizational benefits, having low user satisfaction, etc. The \nproject success section addresses issues such as involvement of the \nrespondent, size, and importance of the project. Project success reasons\nsuch as staying within budget, staying within time allocated, having \ngreat organizational benefits, having high user satisfaction, etc. are \nstudied. (MORE)
Information Technology (IT) is: "the study, design, development, implementation, support or management of computer-based information systems, particularly software applications and computer hardware." In short, IT deals with the use of electronic computers and computer software to convert, store, pr…otect, process, transmit and retrieve information, securely. Today, the term Information Technology has ballooned to encompass many aspects of computing and technology, and the term is more recognizable than ever before. The Information Technology umbrella can be quite large, covering many fields. IT professionals perform a variety of duties that range from installing applications to designing complex computer networks and information databases. A few of the duties that IT professionals perform may include: Data Management Computer Networking Database Systems Design Software design Management Information Systems Systems management In this definition, the term "information" can usually be replaced by "data" without loss of meaning. Recently it has become popular to broaden the term to explicitly include the field of electronic communication so that people tend to use the abbreviation ICT (Information and Communication Technology). Strictly speaking, this name is slighty redundant. Today, the term Information Technology has ballooned to encompass many aspects of computing and technology, and the term is more recognizable than ever before. The Information Technology umbrella can be quite large, covering many fields. IT professionals perform a variety of duties that range from installing applications to designing complex computer networks and information databases. A few of the duties that IT professionals perform may include: Data Management Computer Networking Database Systems Design Software design Management Information Systems Systems management All these tasks have only one purpose : to serve and support the business of an organisation or company (MORE)
Information Technology is a digital based electronic technology using digital processors and other digital communicating and data recording devices for instant recall. In modern business instant information is required for customer informations,sales,profits,production,system analysis,market researc…h,employee data etc. and reduces the inventory physical records which is time consuming and cumbersome in the modern competitive business environment where delay has no place. (MORE)
Many technologies improve globalization by making people and/or things in distant or remote areas accessible to one another. . Boats/Ships made people, things, and information more accessible across seas. . The wheel, carts, bicycles, cars and trains made people, things and information more acc…essible across land. . Planes made people, things, and information more accessible across air space. . Information Technology makes people, things, and information more accessible across electronic data channels (or mediums). Information Technology helps to provide businesses and their stakeholders (customers, vendors, partners, etc.) with the means to share and gain accessibility to products, services (i.e. things), people, and data & information, regardless of their physical location. (MORE)
Everything. Communication, finances and the banking system, the critical infrastructure such as power stations and trains, entertainment, information and even in the health industry with database records and hi tech equipment that utilises artificial intelligence such as machines that perform operat…ions that no hand is steady enough to do. In factories for mass production of goods, satellite navigation, the list goes on. I think something close to 93% of all money is digital and has no physical existence. Without information technology, we would be in Victorian times. (MORE)
IT made her firm to grow rapidly to its ability to leverage information technology and the internet to drive sales. It helped the firm to have clients all over the world. It also helps the revenue of the firm to increase every year. IT infrastructure help sew what? To keep the company running smooth…ly (MORE)
An Information Technology business is a business that provides products and/or services that focus on or revolve around any aspect of Information Technology. ( Refer to the attached link for the definition of Information Technology. ) A non-Information Technology business is any business that pro…vides products and/or services that do not focus on or revolve around Information Technology. (MORE)
Describe the five technology that have enhanced the role of information system in todays compatitive business environment?
describe five technilogy and business trends that have enchancedthe role of information systems in today compettitive businessenvironment
It mainly speeds things up and makes administration easier. With the adoption of IT into business, companies could establish databases to keep track of their clients, earnings, spendings etc. It also allows people to communicate more efficiently, for example via e-mail, instant messaging and video c…onferences. And last but in no way least on this list: Online shopping. (MORE)
now a days a business without strong IT is like a blind person.today is the era of information technology. without help of the IT, no business can survive in this competitive corporate world. today most of the businesses are going global & the pre-condition of a successful global company is that has… to have a strong information technology. to be successful in business, you need a continues assessment of business environment. you have to spy on your competitors, business partners, suppliers & customers. without IT how can you do that? (MORE)
information technology has emerged as the fundamental technology of business. information system has brought revolution in business. The barrier to communication has been over come to a great extent time and distance has been conquered to a great extent by the system. Technology is an enabler for …more effectively managing the business, but does not solve the problem unless it is tied directly to business and governance objectives. There is an urgent need for IT in underdeveloped areas where access to even the smallest bits of knowledge can have far-reaching, long term effects Management Information system will help understand how all firms today, large and small, local and global, use information systems to achieve important business objectives, such as operational efficiency, customer and supplier intimacy, better decision making and new products and services. Data management .By using databases and data tools you can spot trends and make business decisions. Humanity has progressed from agricultural revolution to the industrial revolution and is now moving to an information revolution. (MORE)
the reason is that computer are fastest devise in the world & then information & computer are highly related.
As IT is constantly evolving, it is harder and harder to predict (and therefore, teach) how to adopt "traditional" business practices to new medims and technologies. An absolutely basic example is the ever increasing market of independent web-based busineses: without the need for an actual "store…", people are able to cut initial costs and offer a higher number of products to an increasing number of people out of their own homes (or third party manufacture like cafepress), with minimal expenditures on staff, advertising, property or inventory. (MORE)
Information Technology has the greatest impact on business, education and economy as a whole. As you can see with the invent of internet more educated people are produced and most business companies are using internet to do their business.
A business can use information technology in many different ways. Databases can store a business's client and financial information, they can use networks to increase productivity and they can use the internet to advertise and give information out to potential customers.
By automating so many jobs that the people who are left unemployedcan no longer afford pay for that businesses goods/services.
Technology, for the most part, exists to make life easier. By that definition, we've got it pretty good thanks to the hard work of our fellow humans. In weighing the world's most important technologies, we ruled out the nitty gritty that led to some of the creations below - transistors, electricity …and the combustion engine, to name a few - and focused on products that changed the world forever. Here are the 10 technologies, in our mind, that have shaped the world in a way we could never go back. (MORE)
its more vital than money since without proper flow of information in a business its likely to collapses is also the backbone of a business for effective growth.
Information is the fastest moving product on the global market. Information needs to be managed and transferred as soon as possible. Companies that provide information management and security can highly profit on this fact.
Good: Freedom Bad: Freedom It is good that we have freedom on the internet, we can put what we want on the internet through social media, we can also create articles and express our thoughts through blogs and also record a video and post it on video hosting sites. Although they are rules on some w…ebsites, other websites are so loose in their rules that some explicit content are readily available. Because we have this freedom we can do anything...good or bad. Information technology have helped us by making connectivity faster and easier, information are available anywhere and it helped us do things a lot quicker than before. On the same note, because of faster connectivity, cyber-crimes have become faster too, and because of this freedom many people are not careful of the people they share their information too which leads to other problems and crimes. Another downside of technology is people choose to interact through social media where their personality is covered and hidden and choose not to interact socially and physically. Information technology has a long way to go, more improvements and innovation are still on the way, and with these many things going on its up to us to use technology for the good or the bad. (MORE)
Information technology has benefited the organization growth in every sector. Be it in terms of human resource management with wide number of technological tools available for the same. Also the management of work and review of the performance has been quiet easy in this aspect with inputs from IT s…ector. (MORE)
It depends upon how much time he gives in his work and how much efficient he is. Averagely, he can earn 1 to 1.5 lakhs IRS. He can put his hands in several sectors of IT because he can do. One thing to say is that just a web designer can earn 100000 IRS ( Indian Rupees ) . But a thing is that he ear…ns a greater way of living. (MORE)
IT is not just of benefit & importance to the business world but its benefiting every aspect of our lives these days. To count some of the key areas of importance of benefits to the business world: - 1. Automation of processes, which minimize human error 2. Less dependency on pen & paper 3. Sav…ing on cost & time 4. Easy management & administration 5. Connectivity with few clicks irrespective of the physical distances 6. Prompt communication The list is endless but these few covers the key heads of almost all the industry sectors. (MORE)
Information technology has helped businesses grow by being able to maintain the technological sides of every business especially when it comes to online global community marketing and branding.
The country without information and technology would not function properly as there would be no cooperation between the other countries and with the public of the country itself. Always there would be war between the other countries and always the country without information and technology would loo…se. There would be no entertainment to the public of the country as there would be no television, no one could get out of their houses at night because there is no streetlight and no member of the country would not know about their current affair of their country. So if the country has no technology and information then the country wouldn't survive in this world. (MORE)
The 'Success Factors' website has a number of details about success factors for small businesses. One can also find such information on the sites 'Small Business Consulting Group' and 'The Small Business Advocate'.
There are a range of options for one to obtain a business information technology degree in Texas. Some of the options are Western Governors University, Texas State University and the International Academy of Design and Information Technology.
Information on careers in business and technology is widely available today. An individual can find this information in specific books and online through various resources.
Information technology gives people the ability to manipulate,store, retrieve, exchange and acquire information much faster andmore efficiently than, say, handwriting a letter and mailing it orjamming things into filing cabinets. The ability to process andwork with information in a timely manner is …important to nearly allbusinesses. (MORE)
Information systems play an important in business today. Withouteffective, vibrant and updated information system in force, thebusiness will be in doldrum and will be sidelined in the long rundue to stiff competition prevalent in each and every business now adays.
Every business today uses 'some' form of technology. Farmers usetractors, pilots use aircraft, Writers use pens. These are allforms of technologies. . So It depends what type of technology you are talking about. Theword "Technology" only describes an object which is better at doingthe job than the… previous outdated device.. (MORE)