Introduction Of Business And It

Published Date: 02 Nov 2017

Today, technology had changed in our daily life including individual, society, business and also nation. By using information technology, business also have change throughout the world. Information technology has grown to permeate the business world, affecting how companies produce and market their product and also how people communicate and accomplish their job in modern organization. For example, specialized software shapes best practice and industry standards, continually changing the face of business in almost every way.

Business, a business purpose can be concluded that an effort to allocate and change the form of goods physical goods or services or both of the original manufacturer to end consumer on the place and reasonable price. Efforts to transfer and exchange of goods is carried out based on the medium of exchange that has been agreed by the original manufacturer and the end user. Such exchange will bring interest and benefit to all parties involved in this effort.

Information technology or IT to refer to an entire industry. Information technology is the use of computers and software to manage information. It refers to anything related to computing technology, such as networking, hardware, software, the Internet, or the people that involve with these technologies. Nowadays many companies have IT departments for managing the computers, networks, and other technical parts of their businesses, such as storing information, protecting information, processing the information, transmitting the information as necessary, and later retrieving information as necessary. This is referred to as Management Information Services (or MIS) or Information Services (or IS).

Objectives

There have some objective of study:

• To analysethe way of IT use in business

• To identify the advantage of information technology

The way of IT use in business

The rapid development of information and communication technology (ICT) and innovation in the digital system symbolizes a digital revolution that has and will change the way people think, communicate, act and work. IT has taken a conventional business through the use of advanced tools and innovative technologies in order to increase production and efficiency.

Among the way of information technologies use in business are:

1) Productivity

2) Significant

3) Control (monitoring)

4) Business performance management (BPM)

5) E-commerce

Productivity

Database technology applications such as business, computer Graphic Design, AutoCAD, word processing and other computer programming helped to increase the productivity of a business. This application also has changed the way we live, the way we drive on the road, the way we communicate, the way we work and the way we communicate.

Significant

Corporate organizations maximize their commercial advantage with the use of appropriate IT tools. For example the founder of Dell Inc. Michael Dell introduced the concept of online purchase for personal computers. Today customers worldwide ordering Dell products only from home via the internet.

Control (monitoring)

IT is used as a mechanism of control over certain parts of the company or organization that does not use resources efficiently. For example Dell uses "REAL-TIME INVENTORY & SUPPLY Monitoring" to remove only the number required by the client computer. Thereby, reducing the excessive production costs.

Business performance management (BPM)

The "Best Performance Management" allows businesses to maximize the performance of applications such analyses using OLAP (Online Analytical Processing) and EIS (Executive Information System).

E-commerce

Is the sale and purchase of products or services over the internet? Online operations, saving time and personnel required for business activities while reducing labour costs, preparation of documents, telephone calls and correspondence.

Advantages of Information Technology in Business.

Since the computerized system so widely used, it is advantageous to incorporate information technology into the organization. Information technology provides tremendous benefits to the business world such as allowing the organization to work more efficiently and to maximize productivity.

Among the advantages of information technologies in business are:

1) Storing and Protecting Information

2) Working away

3) Automated Processes

4) Communication

Storing and Protecting Information

Information technology helps in storage of important document in organization which helps organization in not providing large file rooms, rows of filling cabinet to store the document. Nowadays, most companies store digital versions of documents on serves and storage device. From that, these documents become directly available to everyone in the company. Company can able to store, maintain and protect valuable data and information by using Information Technology.

Working Away

Information Technology systems can access the remote network electronics company. it allows one to work from home or anywhere. From this, it will help in increasing productivity even physical work has been done in the office.

Automated Processes

Each organization to find ways to do more work in a short amount of time. Therefore, the efficiency of information technology by developing automated processes to take the burden off your staff.

Communication

In the business world, communication plays an important role in maintaining the relationship between employees, suppliers, and customers. Therefore, the use of IT we can simplify the way to communicate through e-mail, video chat rooms or social networking site. It means we can communicate with our employees, supplier and customers in anywhere.

Discussion

Now we can see that information technology has become very important in today's world, because it helps in simplifying daily work. a variety of ways of information technology that we can use in business and make the business successful, by way of productivity, significant, control, business performance management, E-commerce. Therefore, most of the many business uses of information technology in business process to improve business performance and make a successful business. For example, the e-mail was used to send information. Businesses can receive news and updates on market trends and changes in customer needs almost immediately.

Conclusion

Many businesses, using information technology is the goal to make a business become more successful, because the speed gain and share information using a particular technology and makes a business can improve performance and productivity.