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Information Technology
Information technology refers to the “acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of telecommunications and computing”. It covers various areas including processes, computer software and hardware, programming languages and data constructs.
1,535 Questions
What is the impact of information technology on advertising?
Information technology has great impact on Advertsing in the sense that Information technology has made the world a global village,thus connecting countries to countries,people far away with with each other via the use of the internet on computers,smart phones,While advertising on the other hand refers to reaching out to people in other to get a purchase or a sale.It also literally means telling a story about your product or service to the populace.Nowadays one does not need to reach out to people via papers,radio,tv stations untargeted audience,expensive audience anymore,when one can do the same via targeted database marketing and web based marketing which is not as expensive as the traditional means of advertising
What are different between formal meeting and informal meeting?
A formal meeting is a preplanned meeting. It has a predetermined set of topics that one wishes to discuss along with a set of objectives that one wishes to achieve at the end of the meeting. At a formal meeting, generally it is a senior executive who presides over the affair. The members of the meeting are often given a considerable period of notice before the meeting, preferably through formal means such as memos. As the title suggest, the atmosphere in such meetings is generally somber, formal.
Informal meetings are generally not planned well in advance. The members are not notified through formal means. They generally take place in neutral surroundings, for example in a restaurant rather than a boardroom.
Be more specific pleas. otherwise no one can answer you question
What are the benefits of information technology on business?
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 whole. 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.
Suggest a good topic for paper presentation in computers and information technology?
Some suggestions: * Internet security and spyware * How computers have changed society in the US along with programs such as Word, Excel, and Powerpoint
Is Information Technology a commodity?
Information Technology is not a commodity. Information Technology is a service and that is why in some global stock indexes, IT stocks are classified under the service sector.
Any tool is by definition a technical help, coming from a technology. The wheel is a technology, the lever, the book, the making of clothes, even fire mastery or blades...
So here we go:
1)You don't get cold during winter
2)you can eat hot dishes
3)You can move heavier stuff than with tour bare arms
4)People don't get to see you naked all the time
5)You can have light during the night.
6)You don't need your teeth to cut things.
7)You can keep ideas, or any data on a storage support
8)You can carry stuff on longer distances with less efforts
9)without any technology, our life would just be a constant search for food
10)Even monkeys can use basic technologies like stone tools
if we use it in a useful way it is boon. but if we use it in useless way it is a bain
How does technology affect communication?
technology is a way of sharing information. it gives people a better understanding on things and is alot better than writing down things because it is a hands on activity. tecnhology is the resiource for making life easier
What is the corporate contact information to use to handle a customer complaint with ABC Warehouse?
Would like corporate phone number. I bought a floor sample - delivered - and the same day the fabric softener dispenser did not work. When I phoned Whirlpool they told me that I purchased it in 8/07 - not the case. I bought it June 14, 2008. When I contacted the manager to let him know that he sold me a used washer all he said was to come and reselect a different washer. I don't want a new washer - I want the one I selected. If your company says it is a floor model it should be a floor model not a used floor model. I feel that was totally false advertising. I would like someone to contact me regarding this issue. Connie Patrick 248-872-8582 The Corporate Office phone# to call is Contact Information
ABC Appliance, Inc.
1 Silverdome Industrial Park
Pontiac, MI 48343-6001
MI Tel. 248-335-4222
Fax 248-335-2568
You can atleast get the regional manager involved.
The only information I have available, is that I read a statement for the investors produced by thermo tech a few months ago, right before their stock went up a few hundredths of a cent. According to that statement, a British company dealing with the mining of natural gases and production of ethanol (processes which produce the waste TTRIF claims to clean) purchased around 50,000,000 shares at $0.50 per share. This claim was followed by a sharp increase in the value of their stock prices, from .0001 per share to .001 per share. This happened in April and the stock now generally fluctuates but remains around .0006-.0008 per share. Honestly, I have a feeling that Thermo Tech may be in the process of getting back on its feet after its lengthy period of being near bankruptcy and in the next year, may very well post a profit for the first time in a long, long time.
How much money can you earn with a Bachelors degree in Information Technology?
Madoff paid his 2 main IT guys about $1Million each to cook his books. Now they are both looking at 5 years plus or minus and never saw the money. Any legit business should be talking about mid 5 figures to start. Depends on how smarts you is.
What is the difference between internal and external communication in an organization?
Internal communication involves the communication that exists within a company and can take many forms. Key to the success of an organization is communication from within. In order to effectively engage in two-way symmetrical communication, (the goal of public relations practitioners), communication is essential internally.
External communication covers how a provider interacts with those outside their own organization. This may be with the public, employers, community organizations, local authorities, job centers, careers offices, funding bodies, specialist agencies and other training providers.
What is a Conformance role of auditor?
The auditor's function in ensuring that the organisation conforms to policies procedures and statutory matters.
What are the principles of quality assurance?
demings 14 principles for quality management system can also be extended to quality assurance practices. the pivatal point of qa is in ensuring training, facilitation,audits and QA reviews of defined QM system
What is a typical sales commission?
Typical commission is 6% of the sale price, unless otherwise agreed to by Seller and Agent
What is importance of accounting information for a business entity?
There are various importance of accounting information to a business entity. Getting to know what an accounting information is and the importance (need) of it is a great step to improving one's capital base, both from the finance aspect to the resources (raw materials) an organisation uses in carrying out its objectives. An accounting information is simply the data which an organisation/business entity is able to make known to its users. It should be taken note that these users of accounting are of various sections - to which a business entity is one of. A business entity will require an accounting information so as to enable it manage and control its finances and resources. It also needs it for it to be able to improve on its level of profit earning, should it realises it is declining in its profitability level. It also needs to for it know the differences between its marginal liability and its marginal assets. There are so many importance of a business information to a business enterprise, but the little I've been able to highlight above are some of the vital needs of an organisation's need of an accounting information. Thank you.
Management function of information technology?
Management of information technology is a common practice in private and public sector businesses, which controls the information resources used by the company. The IT managers are in charge of maintaining, distributing, and storing a companyÃ?s information resources.
These simply have to do with capital intensive method of working. these method means machines will be used in place working hands. these will help reduce labour force since one machine can be maned by one person thefore reducing the intake of employees. this will enable the organisation to implement its works.
How do scientists use technology to track storms?
Scientists use various technologies like weather satellites, radar systems, and weather balloons to track storms. These tools provide real-time data on storm patterns, movement, and intensity, allowing scientists to predict and monitor storms accurately. By analyzing this data, scientists can issue warnings and advisories to help communities prepare and stay safe during severe weather events.
Name a situation where you can use math and technology together?
when doing a sum(maths) with a calculator(technology)! dada
Why must you as a business owner manage information as a resource?
why businesses must manage information effetively
Impact of information technology on business?
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. Crossovero 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 Networkingo 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. Telecommutingo 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.