Importance of Information Technology in Business: An Analysis of Virgin Holidays

Introduction to
Information
Technology

Table of Contents
INTRODUCTION ..........................................................................................................................3
MAIN BODY...................................................................................................................................3
TASK ..............................................................................................................................................3
Different types of application software can be used by business................................................3
Ethical and social issues and its importance...............................................................................4
Differentiate between different types of networking technologies ............................................6
Impact of Artificial intelligence in enhancing business operations............................................7
List and explain different stages of software development life cycle.........................................8
Analysis and discussion .............................................................................................................9
CONCLUSION ...............................................................................................................................9
REFERNCES:................................................................................................................................10
Books and Journals:..................................................................................................................10

INTRODUCTION
The report aims to identify the significance of information technology in the business
environment. IRT plays an important role in the current scenario due to having large
complexities and technological advancement. During the Covid-19 pandemic, IT creates a lot of
impact on the business and individual working. Pandemic creates a situation of lock down and
people were sitting at home with no jobs, work and income. IT technology helps ]them to grow
and run business effectively with the use of effective software and internet(Benaben,Tapia, and
Sakurai, 2020). Therefore, this report is going to analyse the concept of information technology
and its uses in every aspect of life. There will be discussion of its type of application, ethical and
social issues and difference between network technologies in context of Virgin Holidays. The
company was established in the year 1985, England. The company works as a tour operator
which provide worldwide holiday packages and serve their business area within United
Kingdom. So that, the report will showcase the impact of IT in the success of travel service
company and how it leads to result in great profitability.
MAIN BODY
TASK
Different types of application software can be used by business
Application software in information and technology plays a vital role in performing
business activities. There are multiple task in the business which take place simultaneous that
may reduce the productivity of employees which require their focus on mainly complex and
potential task. Application software are those which is not pre-installed in the computer.
Therefore, different kind of application software which are used by Virgin Holidays are
described below:
Human Resource Information System (HRIS): human resource is the crucial function
of every business. It becomes difficult to keep every record of information of business
employees for their well bing, appreciation and rewards. A human resource management
software carry out many task like recruitment on boarding, training, record keeping and payroll.
These application software handles digital documentation.
Inventory Control System: Internet and technology has took rapid rise in the business.
Inventory solution becomes easy which keep the stocks maintained, monitor stock levels, keep