Information Technology

information in various fields

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.

Most of the bank industry is tied in with the stock market. The stock market is tied in with technology. When the first iPod came out, stocks on Apple were rising, which altered the banking industry. I always think of the banks being a base for the stock market, since that's where the money is held.

Information technology is cool.

!DK

I just bought a medium (20X10X10) sized bail of cotton that looked vintage tonite and paid $50 for it..... hope that gives you an idea of about how much they are worth.

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.

okay... what about it? if you want someone to explain in full detail what it is forget. If you not an IT then dont mess with it. but basicly its for managing servers, computer, phones, really anything that connects to a network or stores information mostly used in offices and cooparte buildings

Yes it is. You will need at least an o-level certificate. It is also one of the requirements for studying CCNA.

Survival of the fittest, as in nature, dictates that businesses that respond to their environment better will perform better. These businesses will make more money and survive longer than businesses that underperform.

The answer can be benefits to communication, improved workplace efficiency, competitive advantage over rivals, cost reduction, and economic efficiencies.

Allsoftgo

It depends on what job your aiming for, or what you want to specialize in.

Can anyone post the list of small scale industries in Bangalore?

Morgan Stanley underinvested in Information Technology because he had confidence in their systems. Information Technology was also underestimated which later led to his resignation under the pressure of shareholders, employees and investors.

• Environment
• Culture
• Structure
• Standard procedures
• Politics
• Management Decision
• Chance

Rs 8000 .00

OutsourcingOutsourcing refers to a company that contracts with another company to provide services that might otherwise be performed by in-house employees. Many large companies now outsource jobs such as call center services, e-mail services, and payroll. These jobs are handled by separate companies that specialize in each service, and are often located overseas. There are many reasons that companies outsource various jobs, but the most prominent advantage seems to be the fact that it often saves money. Many of the companies that provide outsourcingoutsourcingoutsourcing services are able to do the work for considerably less money, as they don't have to provide benefits to their workers and have fewer overhead expenses to worry about. OutsourcingOutsourcingOutsourcing also allows companies to focus on other business issues while having the details taken care of by outside experts. This means that a large amount of resources and attention, which might fall on the shoulders of management professionals, can be used for more important, broader issues within the company. The specialized company that handles the outsourced work is often streamlined, and often has world-class capabilities and access to new technology that a company couldn't afford to buy on their own. Plus, if a company is looking to expand, outsourcingoutsourcingoutsourcing is a cost-effective way to start building foundations in other countries. There are some disadvantages to outsourcingoutsourcingoutsourcing as well. One of these is that outsourcingoutsourcingoutsourcing often eliminates direct communication between a company and its clients. This prevents a company from building solid relationships with their customers, and often leads to dissatisfaction on one or both sides. There is also the danger of not being able to control some aspects of the company, as outsourcingoutsourcingoutsourcing may lead to delayed communications and project implementation. Any sensitive information is more vulnerable, and a company may become very dependent upon its outsource providers, which could lead to problems should the outsource provider back out on their contract suddenly. While outsourcingoutsourcingoutsourcing may prove highly beneficial for many companies, it also has many drawbacks. It is important that each individual company accurately assess their needs to determine if outsourcingoutsourcingoutsourcing is a viable option. A combination of high overhead in the United States and strong cultural ties between the domestic and Asian information technology industries have led many companies to outsource labor-intensive software programming to Asia and Eastern Europe. India has always been a major player in information technology (IT); they even make their own supercomputers for predicting monsoons. It wasn't until the Y2K bug emerged that the need for legions of cheap programmers really arose, however, and American companies began to see the potential for outsourcing overseas. After Y2K the IT service industry exploded, with American companies outsourcing everything from data entry to customer service to India and other Asian countries. India was a natural choice for outsourcing. Many American technology companies were either created by or employ non-resident Indians (NRIs) or Indian-Americans who still have strong ties to family and friends in India. This cultural bridge combined with the vast pool of cheap, technically skilled, English-speaking engineering talent produced by India's engineering colleges creates the perfect environment for information technology. Despite its distinct advantages for companies looking to outsource their IT services, India's volatile political climate and rampant corruption present problems. Some of the 185 Fortune 500 companies that outsource software to Asia are choosing places like Vietnam or China with more predictable politics and less corruption. Other companies that outsource their customer service are finding that their customers prefer the Americanized English of the Philippines to the British English that predominates in India, though all of these countries have their drawbacks, from censored Internet lines in China and Vietnam to Muslim militancy in the Philippines. Despite the hiccups the IT service industry continues to grow as the software industry becomes more competitive and U.S. companies try to reduce overhead. The Asian IT service market is still in its infancy, but by 2008 industry think tank Nasscom-McKinsey predicts a $17 billion IT service industry in India alone.

do it by yourself

The cost of building and maintaining a strategic IT platform can be very expensive.

Leveraging investment in IT: By investing in advanced computer-based information systems to improve efficiency, firms are able to develop new products and services that would not have otherwise been possible without their strong IT capability.

Barriers to Entry: By increasing the amount of investment or the complexity of the technology required to compete in an industry or market segment can also discourage or delay other companies from entering a market

theory of organization to industry

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