Abstract This study on information technology shows how it is important to genral public life th study shows viwes on information technology and envhnces work and to show the big difference of the manual to the IT and system plc. More and more people are witnessing it in there daily life.
Table of content Table of Contents Introduction toInformation Technology......................................................................................1 Abstract.................................................................................................................................................2 Table of content....................................................................................................................................3 Introdcution..........................................................................................................................................4 Literature review.................................................................................................................................5 DISCUSSION AND ANALYSIS.........................................................................................................6 Role of Information technology in..................................................................................................6 Ethical and social issues that pertain to running businesses............................................................7 Importance of internet and intranet..................................................................................................8 Difference between types of networks............................................................................................9 Different stages of system devlopment.........................................................................................11 Conclusion..........................................................................................................................................13 REFERENCE.....................................................................................................................................14
Introdcution As humans were storing, securing and retriving data on papers as times flows humans devlopes the need of technology where information technology came.It refers to a process to store, create, analyse, share and securely exchanging in the from of electronic data is called as information technology. That sharing and security of data is done to computer devices. Information technology is used by software, hardware and telecommunications and in E-commerce, computer services. Standard Chartered is a public limited company which has its headquartered in london, UK operates more than 1200 branches across 70 country and having a staff of 90,000 people. It is a universal bank which provides customers of bankimg and treasury services. Standard Chartered has a net income of 1.109 million US$ expanding its business and giving banking services to all over the world. showing all the roles in the success of the Standard Chartered through information technology an with ethical and social isuues that is appropriate to run a businesses. Showing diffrence between type sof networks. With internet and intranet importance in business and different stages of system devlopment cycle.
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Literature review As per the view (Wu, S.P.J., Straub.)Automatic printing of pass book deposits and credit, debit of customer is been noted up to date which heplp Standard Chartered bank to make proper assumptions on future incomes. By starting online portal of bank there is no need to come to bank, customer can take information and solve every query on the online base. Fast and up-to-date information of customers transfer their checks and cash in cash out enable speedier decisions, by using information technology. Standard Chartered banks is now growing fast by the use of information technology an dnow they became UK's best and top rated banks. Information technology provide Standard Chartered bank to deal and set-up their new venture across the other the world. Standard Charteredbank are in asain and europhian countries as well as they use effective information technology. The whole success of Standard Chartered bank ha 90% by the use of the information technology. Information technology incraese the productivity and reduce the cost of teclecoummunication and improved the position with the use of value added network and value learning experience which is important to Standard Chartered bank. It refelects that from IT arrival Standard Chartered bank is reaching and doing good in the asian countries as their information technology devlopment.
DISCUSSION AND ANALYSIS Role of Information technology in In Standard Chartered bank there is a big role which identifies and shows the actual success rate and growth of the bank from the information technology. As an leading bank of united kingdom Standard Chartered use technology in its best way. As financial bank Standard Chartered used best and effective information technologies. In 21stcentury where information technology is embraced by all the corporate sectors. The growth of high speed internet and information technology is the biggest aid for Standard Chartered bank, the explosion of information technology helps banking sectors from paper to digitaliasation here Standard Chartered bank spot the oppourtunities use high technique computers for the employees which gives them productivity in their work and skill devloped of employees. Systems of internal accounting and mangement informantion systems of bank. Standard Chartered use more sophisticated computers to staff of bank, this helps them to work effectively. Availabilty of inquiry facilities Standard Chartered bank devlopes a specific fucnctions for customers. Generation of management information system(MIS) a system where bank feed all information of employees and customers on online basis. Through information technology arrival Standard Chartered bank use as oppourtunity where wrting the information the resgisters of banks, Standard Chartered bank started to feed them which is secured with encrption which means the information of customers will never exposed without customers aggrement.accurate computing by computers it became to easy for Standard Chartered bank to knoe exact information of debit and credit of customers. Ethical and social issues that pertain to running businesses In runnning business ethical and social issues are the issues which may cause the effect companies image and goodwill of the business. Information faults Technology Misleading conflicts of intrest accounting ethical and social issues in Standard Chartered bank had faced such errors and problems in there banking life as in the exesistance of information technology there are such problems like accounting conflictsofintrestandmisleadingwithcustomerswhicheefectthegoodwillofcompany
information faults when there information realted with customers is being used as and fraud by others is the problem company faces and they bring some safegaurd related to ethics and social pertain in running bsuiness. Technical issues which a business faces every time when information technology. Business ethics are moral principals that guide the way business behaves. Business always faces problem related to technology and implementation of this system. Some people any accept the technological changes and some will not accepet technologcal changes which eefect business. Data may creates issues within the business loosing someone data mau cause business a greateffectandthatsocialandethicalissueswilldecreasethequality.Employersofthe organisation may not happy with the new infotmation updates in the business. Bsuinees also give password protected account to the customer where they can save there account information from others. If the system is not using any anti virus then technical staff will ensures that nti virus should be updated in company system sor pertain running of businnes according to social and ethical issues
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Importance of internet and intranet Internet in these days is operated like oxygen for the people. Without internet it is hard to survive in this world. Easier communication internet gives us to access to make communication wherever in the world anyonw to. We can communicate With our friends, families anyone we want to anywhere we can reach with the help of internet we can communicate with in the less time and in a better way. There are features like E-mail, Skype, and on any social media website like facebook, imstagram, snapchat others allow to communicate and give platform to communicate with easy terms and condition. It is also chaep and not expensive process so people like this very much. Best for research work internet is a very chaep less expensive and easy to get all are questions, queries, with just a one touchthere are some platform an among them google is the best search engeine which is used by most of the general public. Gives education internet is the best server of information and knowledge which gives education wherver you are weather you are in india, africa, america internet is provided at everywhere so people can learn, teach and assist anyone by uploading videos on internet like youtube people upload there videos on internet and these videos reaches to everyone. The most amazing help of internet gives to human is that online money transfer is the technology which is possible because of internet which gives access to us that we can pay any person from the any place of the world can pay and recive money from anyone direct in their account and their is just id and password needed at tthe time of transfer. Real time news and updates internet's all feature sare best but among them one nost intresting feature is news and update at any time wherever you are and wherever you want to go and want to watch and readnews and updates of any city area, country any place from the world is on you one tap. Internet is such a feature which is very much helpful to the people now people can know the current affairs and now they do not have to wait for the newspaper they can watch live tv from anywhere at anytime no restricitions.Internet is also used in our daily life ast every stage internet is requries, like tcicket booking, entertainment, didgital wallets, pay bills, checking results, online business. In online business internet plays avital role to play as where some people run there whole business on internet in bill payment, money transfer and with every acitivity business need internet and inetrnet bring money. Some run there business as online shopping like amazon, flipkart and amany more websites run their business where there is internet from online booking to placing to order, imternet requried. Media business lay on internet . Intranet it refers to a network which is owned by the individual or by the organisation for use of the commercial and personal use where “INTRA" means internal. It is abusiness tool whioh is mostly useby the private companies for there secure working for there employess to forward message and information with the encryption. Where intranet is effective internal communicaion intranet can
help to employees of private small companies to have there own intranet portal for secure and better communicationsuch as staff new, important mail, announcments any time. Shairng resources is easy and secure in intranet.
Difference between types of networks There are manay types of networks in information techology sector these network allow computers to connect with other systems and communicate. In the list of network there are few in diffrence are taken like LAN, WAN, MAN, VPN, WLAN, SAN etc. Local area network is a network which can make connection between few computers and has its boundaries inside the geographical areathe group of devices are connected with each other by some switches and gives access to the specified protocol or IP address to the useres and then they can connect with the network. LAN data sharing is fast as they are used in limited distance, LAN'S data rates is in the 5 to 20 mbps which is speed of sharing. Metropolitan area network is larger than local area network metropiltian area network is designed for the users who need the high speed internet on then betwork it is shared between or it can shared between two cities or in the same city as well. It is costlt network which may or may not be owned by the individual or by the organisation. Wide area network clears by its name as it is wide in so it can be shared at the wide or large area or covered in the large area it is way more complicated than local area netwrok or metropolitian area network because of its wide area.Wide area network data speed is slow as it is shared with numbers of genral public like mobile network . (Luftman, Lyytinen and Zvi, 2017.). LAN allows a single pair of devices to connect and communicatewhereitcomestoMANmultiplecomputersorsystemscaneasilyconnect simultaneously and communicate. WAN requires and allows a huge group of computers can connect and communicate at the same time. In the context of LAN examples are like college, schools and hospitals where MAN can handle different branches of banks in the same time, in wide area of networking organisation is like one bank and its franchisee banks situated in UK can communicate through WAN. MAN & WAN networks are quite similar but very different from local area network as LAN is used with the specific selected area so the speed of local area network is high but this is not same with the MAN & WAN network cause they have more area to cover so their networking speed is less. Progation delay is short in local area network where it is moderate in metroplitan area network and very long in wide area of network. LAN'S ownership is private where in MAN'S it can be both and same as in wide networking. LAN covers WIFI, ethernet cables MAN covers modem and wire/cables WAN covers optic wires, microwaves and satellites LAN ownership of network id private and remaining two have private and public. LAN is
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connected with ethernet cables. There are other network aside from LAN, MAN and WAN like home area network which resides inside house for a personal use. Campus area network which is used as for a colleges and hospital. Near-me network sharing files with others at the same conference table.
Different stages of system devlopment System development life cycle is a model which includes the process of system alterting or procedures for devloping their life cycle is called as system devlopment life cycle. This cycle is includes few phases which works on the system devlopmen process how system devlopes in system whole life are as follows: 1. Planning- it is the first step of system devlopment life cycle, planning in advance for the project to check and assess feasibility to plan and schedule. 2. Analysis- by understanding and calculating business needs and processing needs of the system is gone through the analysis. 3. Design- in the third step of the system devlopment life cycle what are the actual requriement sorted out after finding and analysis the basic requriement of project or system then the design of system is made. 4.Implementation- after designing the system base plan it is time for the implementaion of the system is the next step where the construction of system and test of the system is started an dafter that it is distributed or installed for the user and train them how to use the system and if all went good with the user review then it is all set for installation. 5. Maintenance is the task where after installation of the syetem and user review, system is went for all set for use and then the after insatallation services takes place where maintainance team kepp system healthy and improve with giving updates in the system. Preparing a different stages of system development. First of all the bank needs to prepare a plan what they have to do and for whom technology required for the planning and people or employees required for the accomplishment of the plan deciding the objectives and problems have to faced while implementing the plan and then comes analysis means gathering information from the customers of bank about what they want from bank about the services and policies required for customers analysis of market what customers are expecting and analysing the competitors banks policiesandserviceswhichtheyareprovidingtotherecustomersbankneedstobuild communication with customers to know the vision of customers about the banks services after analysing the customer need the bank prepare a design for there plan preparing a system how its going to work and security system, codes or different types of data required for system of bank design plan , And after preparing design then implement design of the plan by providing various system coding and configuration and programming of the plan about the language. And after implementation the testing of a system occurs to know that software is error free and after the quality assurance of the software and after various verification(Wu, Straub and Liang, 2015. .). this
needs to test that there software is according to plan and satisfied the customer needs this testing means the proper analysis of software to kn ow its efficiency are able to cope up with plan and the last stage of system development of installation & maintenance after the testing of software the installation process started in this the services are provided to the bank customers and after that if any changes were to be made or any problem arises to customers then its goes into maintenance process to fix the problem of customer. Maintenance is the last stage of system development whenever a client having any issue or problem related to the product or software of the business then maintenance department works effectively.
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Conclusion In this project file there are some question about information technology an introduction of information technology and communication has largeimpact on each and every part of ourv life. The use and importance of imternet is very high in our daily life without internet our lifes does not exsist these days. People have business on the otherside where they only use internet as an resource for there business and they also have a great impact on our lives. In this project we also find about the structure and process of system devlopment life cycle which specifies few phases of life cycle where planning, analyse, design, implementation and maintainece where discussion of these phases coclude that life cycle of system design. The importance of intranet which improves customer services, share of resources. Ethical and social issues which build stopage in the running business. There are the differences found out between three networks in information technology are LAN, WAN, MAN are local area network, wide area network, metropolitian area network with low, moderate and high speed network with specific booundairies we found that local is area network is good among them all this can only use in local area network. Information technology plays a great impact on the society.
REFERENCE Books and Journal Erasmus, B., Strydom, J.W. and Rudansky-Kloppers, S. eds., 2016.Introduction to business management. Oxford University Press Southern Africa. Howell, R., van Beers, C. and Doorn, N., 2018. Value capture and value creation: The role of information technology in business models for frugal innovations in Africa.Technological Forecasting and Social Change.131. pp.227-239. Laudon, K.C. and Traver, C.G., 2016. E-commerce: business, technology, society. Luftman, J., Lyytinen, K. and Zvi, T.B., 2017. Enhancing the measurement of information technology(IT)businessalignmentanditsinfluenceoncompanyperformance.Journalof Information Technology. 32(1). pp.26-46. Smith, L.C. and Wong, M.A. eds., 2016.Reference and Information Services: An Introduction: An Introduction. ABC-CLIO. Wu,S.P.J.,Straub,D.W.andLiang,T.P.,2015.Howinformationtechnologygovernance mechanisms and strategic alignment influence organizational performance: Insights from a matched survey of business and IT managers.Mis Quarterly.39(2). pp.497-518.