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Role of IT in Success or Failure for Marks and Spencer

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Added on  2023-01-10

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This article discusses the role of information technology in the success or failure of Marks and Spencer. It explores how IT helps in managing business operations globally, maintaining sales, and marketing products and services. It also highlights the social and ethical issues that pertain to running a business, such as environmental protection and individual rights. Additionally, it identifies and differentiates between different types of networking technologies and emphasizes the importance of internet and intranet in business. The article also covers the different stages of the system development lifecycle.

Role of IT in Success or Failure for Marks and Spencer

   Added on 2023-01-10

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INFORMATION
TECHNOLOGY
Role of IT in Success or Failure for Marks and Spencer_1
TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
LITERATURE REVIEW................................................................................................................1
Role of IT in success or failure of a business..............................................................................1
Social and ethical issues that pertain to running business...........................................................2
Identify and differentiate between different types of networking technologies..........................3
Importance of internet and intranet in business...........................................................................3
Different stages of system development lifecycle.......................................................................4
ANALYSIS AND DISCUSSION...................................................................................................5
Role of IT in success or failure for Marks and Spencer..............................................................5
Social and ethical issues that pertain to running business for Marks and Spencer......................5
Identify and differentiate between different types of networking technologies used by Marks
and Spencer..................................................................................................................................6
Importance of internet and intranet used in Marks and Spencer.................................................6
CONCLUSION................................................................................................................................7
REREFENCES................................................................................................................................8
Role of IT in Success or Failure for Marks and Spencer_2
INTRODUCTION
Information technology is usage of any kind of system, networking device, infrastructure
that can be used to create, store, process information securely in the form of digital or electronic
data or information. It is one of the most important things which is required to be focused upon
by organizations as it helps them in management of their business operations, functions in a
proper manner. Advancement information technology systems has also made it possible for
organizations to manage their business operations globally, communicate with the target
customers and gain sustainability within the market (Thatcher and et. al., 2018). Adopting
information technology within business has made it possible for organizations to integrate and
manage all of their organizational functions in a much better and appropriate manner. this
assignment will lay emphasis upon social and ethical issues that pertain to a business, importance
of information technology for a business, system, development lifecycle, different types of
networks, usage of internet and intranet within an organization. This assignment will focus upon
analysis of importance and implementation of IT within Marks and Spencer. It is a British
multinational retailer that was founded in 1884 whose headquarter is in London, England, UK.
They specialize in clothing, home products and food products.
LITERATURE REVIEW
Role of IT in success or failure of a business
According to the view of Dwivedi and et. al., (2019) Information technology plays a vital
role in success and failure of an organization in many different ways. It helps in providing
different kinds of opportunities to business organizations by analysing business plan and data in
a specific manner. it also helps in providing different kinds of tools, technologies and methods
that can be used by companies to resolve their complex business problems so that they can plan
their business scalability accordingly. Proper and appropriate implementation of information
technology within business helps in achieving a future vision in a proper manner. It also helps in
providing a path of innovation which further helps in enhancing their overall market share, gain
competitive advantage and enhance their overall financial stability as well. Today due to
increasing technology advancement competition within the market for the organizations is
increasing continuously because of which it is becoming difficult for organizations to gain
sustainability within the market. It is one of the main reasons because of which importance of IT
for organizations is increasing continuously. Dwivedi and et. al., (2019) further explains that, IT
1
Role of IT in Success or Failure for Marks and Spencer_3

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