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Role of Information and Technology in Business

   

Added on  2022-12-16

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Information to
information technology
Role of Information and Technology in Business_1

ABSTRACT
This report is based on role of information and technology. As the world is dynamic and
it is important for a business organisation to use new and updated technology as it helps in
growth of a business. There is discussion related to various types of computers. Impact of
information and technology on a business along with advantages and challenges faced are also
mentioned in this report. The ethical and social issues that are caused due to use of information
and technology are vital part of this report. In the end of the report there is discussion related to
impact on internet of growth of a business organisation.
Role of Information and Technology in Business_2

Table of Contents
ABSTRACT.....................................................................................................................................2
INTRODUCTION ..........................................................................................................................4
MAIN BODY...................................................................................................................................4
TASK 1............................................................................................................................................4
Classification of computers.........................................................................................................4
Impact of Information Technology in business..........................................................................6
Ethical and Social Issues and their impact on businesses...........................................................8
Discuss the growth and impact of Internet of business...............................................................9
CONCLUSION .............................................................................................................................10
REFERNCES:................................................................................................................................11
Books and Journals:..................................................................................................................11
Role of Information and Technology in Business_3

INTRODUCTION
As the world is rapidly changing it is seen that the role of information technology is also
increasing. All the business that use internet and updated technology are more successful. It is
important for a business to understand the role of information technology as it helps to improve
the productivity of the business organisation and helps to gain advantage over the competitors.
There is discussion related to role of information and technology in TESCO which is one of the
famous British Multinational retailer (Bessen, 2017). The company is ninth largest if compared
in net revenue and third largest if seen as per gross revenue. They deal in variety of products like
retailing of clothing, toys, books, furniture, petrol, electronics, software, financial services,
telecoms and internet services. In this report there is discussion related to classification of
computers. The impact of information technology in success and failure of a business is also
mentioned in this report. There are various ethical as well as social issues faced by businesses so
that are also part of this report. In the end of the report there is discussion related to impact of
internet on growth of business.
MAIN BODY
TASK 1
Classification of computers
Role of Information and Technology in Business_4

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