Importance of Information Technology in Business | Desklib

   

Added on  2023-01-13

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Introduction to Information
Technology
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Importance of Information Technology in Business | Desklib_1
Table of Contents
INTRODUCTION...........................................................................................................................3
LITERATURE REVIEW ..............................................................................................................3
Identify the role of IT in the success or failure of chosen organisation.................................3
Find ethical and social issues that pertain to running businesses...........................................4
Identify and differentiate between different types of networking technologies:....................5
Discuss the importance of social media in business...............................................................7
List and explain the different stage of system development life cycle...................................7
ANALYSIS AND DISCUSSION...................................................................................................8
Potential benefits and drawbacks of chosen company investing in Information Technology8
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................10
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Importance of Information Technology in Business | Desklib_2
INTRODUCTION
Information technology can be defined as configuration, study, execution, advancement
and support system of PC based data framework. This specifically enclosed with different
elements like hardware and software, which helps the user to perform number of activities based
on the need. Under this report, the organisation that has been taken into consideration is ASDA
which is an auxiliary type business company (Ahson and Ilyas, 2017). 1949 was the year when
this ASDA was found by Peter and Fred Asquith. Along with this, report is also going to present
the information in relation to job of IT in disappointment and accomplishment of business, moral
and social issues which happen while running business. Away with this, report will also put light
on significance of web based life (social media), various phase of framework advancement life
cycle. Lastly, assessment will show the data referenced to disadvantage and advantages of
Information Technology.
LITERATURE REVIEW
Identify the role of IT in the success or failure of chosen organisation
In present time, it is said that Information Technology (IT), plays a crucial role for
different industry and mostly, it has impacted in both positive and negative manner on retail or
grocery store segment so as to lead their business activities in successful way just as it will help
them in dealing with their work appropriately with least wastage. In regard of ASDA they are
working in retail general store segment and at that place utilization of data innovation is high
since it help them in develop business. A portion of the principle roles of Information
Technology (IT) at ASDA working environment are given underneath:-
Customer database management: When an organisation is taking into consideration of
IT and implementing it within the company, it consists of different elements like
customer base management and so on. Basically, this type of management system plays
an effective role within a company, which has helped firm in maintaining information of
consumers in a much more secured manner. In present context, if it is talked about ASDA
then it is needed for the organisation to keep on maintaining data related to their customer
base and the reason behind this is number of customers are huge in nature. Since, ASDA
comes in four big supermarket it is much needed by company to enhance the performance
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Importance of Information Technology in Business | Desklib_3
level through considering customer database management system (Alotaibi and Federico,
2017).
Maintain transparency and tracking: Another role that came in front of IT department
within a company is that, it helps in tracking and developing transparency among all the
functions (Dursun and Dönmez, 2018). Basically, considering different software within
the production unit, it would lead ASDA to deliver the information to other departments
with the help of the software that has been taken into consideration. It will also lead to
track all the information, which is flowing within ASDA.
Store Management: Over the years, it is said that Information Technology has helped
businesses to administer themselves and enhanced capacity of performing number of
tasks. Essentially by embracing and executing advance technology at ASDA their
administration just as representatives work get diminished and it also helped firm in
directing every single work appropriately. Alongside this, IT Department within ASDA
would also help organisation in identifying stock out time through alarms just as by
executing IT clients shopping experience additionally get improved.
Forecasting demand and sales: In present time, it is said that considering proper
execution of advance Information Technology, firm could effectively estimate and figure
their interest. Essentially, ASDA utilize Agile information system, that has helped firm to
develop their interest by analysing past deals data or information. Through determining
the information, all supervisor ready to create procedures or activity plan appropriately
with the goal that they can satisfy need and necessity of their potential clients (Arpaci and
Baloğlu, 2016).
Above mentioned are said to be some of the crucial roles that IT department performs
within ASDA that has helped firm in reaching to new heights through maximising their profits
and productivity. It has also helped company in conducting daily operations in a rightful manner.
Find ethical and social issues that pertain to running businesses
In today's scenario every employee working in a company faces some or other ethical
dilemma. Whenever a person is caught in a conflicted situation where he needs to choose from
morale or principles of the society is said to be an ethical issue. It becomes very important to
keep a check on these issues because many a times it may lead to huge losses for businesses in
terms of employees turnover or loss of capital due to lawsuits. Social issues refer to the problems
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Importance of Information Technology in Business | Desklib_4

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