Introduction to Information Technology and its Role in Managing Business
Verified
Added on 2023/06/11
|10
|3335
|122
AI Summary
This report discusses the different types of software, ethical and social issues, the role of IT in managing business, and the impact of internet and intranet on businesses. It also includes a case study of Tesco.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Introduction to Information Technology
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Table of Contents INTRODUCTION...........................................................................................................................3 TASK...............................................................................................................................................3 Different types of software..........................................................................................................3 Ethical and Social Issues.............................................................................................................5 Role of IT in managing the business...........................................................................................6 Information and Communication Technology (ICT) makes a business more efficient and effective in responding to customer needs. Discuss the impact of Internet and Intranet on businesses....................................................................................................................................8 CONCLUSION................................................................................................................................9 REFERENCES..............................................................................................................................10 Books and Journals:..................................................................................................................10
INTRODUCTION Information Technology can be understood as the business sector that deals with technology, covering, software, hardware, telecommunication and mostly anything covered in the transmittal of information, together with systems that provides communication. IT is a broad sector involves many thing. By taking an example of IT department in an organization. There are several people with many employment and different responsibilities. These accountabilities range from keeping systems and information protect to keeping networking and working. There are employees who handles databases, who input data and employee who do programming. IT also covers the management of information, whether it is in the form of text, image, voice, video or any form. It can also cover information related to the internet. Hence, IT has become a part of day to day lives and continues to grow into new field(Basuony, Mohamed and Samaha, 2018). Tesco Company is taken into consideration to make this report. This organisation is identified as a global retail organisation, headquartered in Welwyn Garden City, England. It is known as the market leading organisation in UK. It retails products such as clothings, books, furniture, internet and financial services and much more. The following report will discuss a range of software that could be utilised by business entity. It will also include ethical and social issues which plays a vital role in the digital world. Also, it will outlines the significance in the context of businesses. As the ICT makes business organisation more effective and efficient, it will also expresses the impact of internet and intranet on enterprises. Lastly, the role of IT will also be discussed in this report. TASK Different types of software. As per the viewpoint of , software can be understood as a set of instructions or guidelines, programs or data exploited to operate computer systems and execute certain tasks. It is dissimilar to hardware which shows the physical aspects of thecomputer systems. Software exploited to refer the scripts, application and programmes that run on a device(Brennen, Howard and Nielsen,2021). In addition to Tesco, following is the discussion on various software that could be used in the business: System software:This is the type of software which helps in making interaction between use and hardware so that they can function with each other. It is the software used to
manage hardware behaviour of the computer so as to offer basic functionalities that are needed by the user. Generally, this related with the middle layer between user and hardware. When an individual turns on the computer system, it is the system software that gets loaded in the system memory. It runs in the background and not exploited by end users(Demirbas,Wilkinson and Bennett, 2018). This is the cause it is known as “low-levelsoftware”.Somecommonexamples;Operatingsystemisthecommon example of system software. It is an aggregation of software that manages resources and offers common services for the other applications that function over them. Although each operating system is antithetic, most of them offer a graphical user interface to handle folders and files while perform other activities. Every device, covering mobile phone, laptop or desktop needs an operating system. Some general examples are iOS, MS Windows, Ubuntu and much more. Application software:It is known as end user programmes that assists in completing tasks such as jotting down notes, doing online research, setting an alarm, keeping an account log and so forth. They are exploited by end users and are certain in their tasks or functionality and perform the job that they are configured to do. For instance, a browser can be related as the application created particularly for browsing the internet or MS PowerPoint is the application exploited to develop presentations. There are various types ofapplication software such as database software is meant to create and handle a database(Flew, 2019). They support with the business of data. MS Access, FoxPro, dBase and much more. Multimedia software is the application software aims to create, play and record images, video or audio files. They are exploited for video editing, image editing, animation and much more, Media Monkey, Picasa, VLC Media player are some common examples of multimedia software. In Tesco's business, the following are the discussion of business software: Communication software:With a purpose to adequately sharing the information, organisation require to make sure that communication throughout all areas and locations is streamlined. MS Office, web-based email are commonly used in the business so that information can be shared internally and externally. Accounting software:It supports financial experts monitor business performance by tracking actual expenses, bottom line as well as revenue. With accurate information,
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
financial experts can make sure the accounts books contains relevant information and the business remains lucrative. Service management solution:It is based on improving the interaction between a consumer and business such as customer service and transactions(Lloyd, 2020). An effective solution not only improves the customer experience to save time of clients and adequately resolve the issues as well. Benefits of using software: Time-savings:Byautomatingrepetitiveprocedures,softwarehelpsworkersto concentrate on manual labour on more crucial activities, limiting time as well as human mistakes. Optimized operational efficiency:With restricted time, costs of labour, and efforts required to finish the standard procedures, operational efficiency is vitally increased. Drawbacks of business software: Costs to pay:Technology requires costs for adoption and upgradation, there is a necessitytoinvestontimelybasis.Tokeepmovingwiththespeedofmarket, organisationmustkeepupgradingthetechnology.Itisnotpossibletoinvestin technology as a one-and-done process. Ethical and Social Issues. Ethical issues:Organisations now a days faced many ethical challenges and issues which is critical to address. In respect of Tesco, some key ethical issues are identified in order to use advanced or modern technology. Misuse or personal information:One of the key ethical challenges in the digital world is the misuse of personal data. As the people browning internet sites, or make digital purchases, engage with various businesses online, enter the information on websites, and participate in social media(Matsudo, 2019). Organisations use the information of their customers to offer better and personalised services so that customers can get better experiences with the business. But some any way, these information of customers are leaked by the frauds and use by other competitors may ruin the company reputation while resulting in lose of customers as well. Hence, it is important to protect the customers data so that they feel safe in dealing with the business.
Misinformation and deep fakes:It is one of the major ethical challenges in which customers used to believe that information or video told a story was based on facts and truth. But deepfake technology, now allows such as polished manipulation of digital imaginary that representatives appear to be saying and doing things that never occurred. For example, simple ad of beauty creams that challenges three to four days guaranteed fairness challenge which is impossible in real life(Oloke, 2021). Social issues in the digital world: Authenticating information:Whether a person is doing a regular research, following a new's story or conveying interesting things on digital media, the technology or internet is a ongoing source of information. But a viewer can know the information is true, relevant or unbiased. Hence, this is one of the social issues that are faced by the organisation and its customers as well. In respect of Tesco, organisation use several digital media platforms such as Twitter or Facebook in which they regularly posts on current offerings, new launches and much more. In those platforms, there are various pages found which seems similar to the authentic page of company which may posts irrelevant content or false information which may lead to damage the name of chosen organisation. Cyberbullying:Another issue that can be linked with the rise of the digital age is cyberbullying. It relates with the learning and teaching with technology, when the internet, mobile phones or any devices is exploited to post or send images and texts aimed to target and hurt the sentiments of another person. As customer's account is created with several information whether it is personal or financial, digital technology involves major risks to threaten the privacy. Role of IT in managing the business As the technology is emerging rapidly in every business industry and it becomes an essential component that makes the work faster and efficient. There are various benefits of having latest technology as it helps in taking effective decisions. There are various software that enables the manager in taking the critical decisions(Powell,Hart and Jacks, 2020). Following are the benefits of IT. Increases productivity – Every business unit wants to maximise its profitability and wants to minimise its overall cost so that it could enjoy higher profits. It helps in assessing the performance that helps in measuring the performance of employeesand can take
corrective measure to improve their performance. Employees are the assets of the company and it is needed to have peak potential so that they could contribute towards the attainment of organisational objectives. Thus, IT helps in increasing the productivity of both employees and organisation. Helps in decision making –The manager sometimes faces critical situation and it is needed to be solve in a structured and effective way so that it does not negatively impact on the company’s functioning. There are various alternatives available for the manager andthusbecomescomplextochoosethebestalternativesamongmany.Thus, applications of Information Technology enable the mange in taking effective decision that can helps in attaining the goals in an optimal way(Rodriguez, 2020). It minimises the human error as it is normal that an individual may take wrong decision but IT reduces the risk of error. Management of Inventory – It is very important for the company to have adequate quantity of inventory so that it would not face shortage at the time of high demand. There are several software that indicates whenever the company is having low inventory and automatically places order so that it does not face shortage. It helps in maintaining the level of inventory and automatically replenish the order level. Makes work faster – The application of software enables the manager in making the work faster and easier. It helps in reducing the time as compare to human efforts. Hours of work can be done in minutes and that’s why many companies are opting this technology. The work done through software are much accurate and faster as they calculate the millions of calculations. Helps in keeping record – The application of IT helps in recording the financial transactions and by that manager can ascertain profit or loss. It helps in finding that the company is in profit or loss situation. Once the company have find that it is in loss, then it becomes easy for the manager to take corrective measures so that they can earn profit and drive towards the attainment of goals. At the time of audit, it becomes easier to retrieve the documents from the cloud space(Shibani,2020). The traditional method of keeping the record is hectic and manager feel burdensome but thanks to technology as it makes it convenient.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Cost efficiency – It helps the manager in managing the resources in such a manner that it reduces the overall cost of the project. The company can enjoy the higher profitability if the cost of product is reduced. Software compute the overall cost in seconds and allows the manager to take the decisions so that they can enjoy higher profit. There are various set of activities that a business undertakes and IT help in assessing the cost incurred in each department and how they can be minimised to increase profit. Informationand CommunicationTechnology(ICT) makesabusinessmoreefficientand effective in responding to customer needs. Discuss the impact ofInternet and Intraneton businesses. Information and communication technology helps in making the business more effective and efficient. It allows the manager to analyse the demand of customer and providing with the feasible solution so that they can satisfy their needs and wants. It is very important for the companies to opt the technology so that it can achieve its objectives in a time frame period. It helps the manager in taking effective decisions whenever they face any critical situation. By using Information and technology, it allows to get the insights of customers buying behaviour pattern so that they can meet their expectation and enjoy higher profitability. It becomes an essential part of the company and may be referred as the backbone of the company. Information and communication technology plays an important role in performing various functions in an effective and accurate way(Southern and Lee, 2019). In simple words, it may be referred as the handling of communicational process such as broadcasting media and telecommunication. Following are the impact of internet and intranet. Internet –There are various sources that helps the business in communicating with its customers. Following are the sources. The technology helps in communicating with the with its customers through digital channels. There are various social media handles that connects the companies with their customers. The customer is having the facility to post their review on company's social media handles and they can post their feedback too that helps the other customers to know about their product. The company have the opportunity to expand its operations on online platforms. The software allows the customer to order their products direct from their mobile phones. The use of
technology is emerging and companies are taking advantage of of this and tries to expand their business. Intranet –Intranet also impacts the business operations and that helps the employees in communicating so that they can enhance their productivity in an organisation. It helps the company in increasing its productivity as it provides with various functions that will benefit the company in elevating its productivity. It helps the business in finding the people in an easy way. It helps in finding and attracting the customers in a easy way(Pearce, 2021). It plays a crucial role in communicating with the employees and customers. It strongly impacts on the organisation in enhancing its productivity of employees and in addition to that it facilitates in communicating within the workplace in an effective and efficient way. CONCLUSION From the above report, it has been said that information technology is the technology which involves several tools, software and hardware programmes to deal with the information. These information can be in the form of text, audio, video or image. Organisation use software programmes in their business to operate business activities smoothly. These software can be related with customer service, accountancy and much more. Ethical and social issues are increasing day by day with the modernization of technology. IT plays an important role in the business as it offers various benefits such as increasing productivity, better decision-making and much more.
REFERENCES Books and Journals: Basuony, M.A., Mohamed, E.K. and Samaha, K., 2018. Board structure and corporate disclosure via social media: an empirical study in the UK.Online Information Review. Brennen, J.S., Howard, P.N. and Nielsen, R.K., 2021. Balancing product reviews, traffic targets, andindustrycriticism:UKtechnologyjournalisminpractice.Journalism Practice,15(10), pp.1479-1496. Demirbas, D., Wilkinson, L. and Bennett, D., 2018. Supplier relations impact within the UK automotive industry.Benchmarking: An International Journal. Flew, T., 2019. From policy to curriculum: Drivers of the growth in creative industries courses in the UK and Australia.Creative Industries Journal,12(2), pp.167-184. Lloyd, I., 2020.Information technology law. Oxford University Press. Matsudo, H., 2019. Trends in support for students with special educational needs in uk university libraries:focusingonsupportpersonnelandsystems.NewReviewofAcademic Librarianship,25(1), pp.28-48. Oloke, D., 2021. Deployment of building information modelling (BIM) for energy efficiency in the UK. InCollaboration and Integration in Construction, Engineering, Management and Technology(pp. 559-564). Springer, Cham. Pearce, H., 2021. A proposal for a new risk-based licensing approach to disclosing anonymised data under the (UK) Freedom of Information Act 2000.Information & Communications Technology Law,30(2), pp.108-139. Powell, A., Hart, P. and Jacks, T., 2020. Information Technology Issues in the UK. InThe World IT Project: Global Issues in Information Technology(pp. 463-474). Rodriguez, R.M., 2020.A Study of Information Technology Professionals in Healthcare and Higher Education Perceived Quality of Relationship with Their Leaders and Its Effects on Follower Organizational Commitment during the COVID-19 Pandemic. Our Lady of the Lake University. Shibani, A., 2020. Exploring the Implementation of Building Information Modelling Level 2 in theUKConstructionIndustry:TheCaseofSmallandMedium-Sized Enterprises.international Journal of Architectural and Environmental Engineering,. Southern, R. and Lee, B.J., 2019. Politics as usual? Assessing the extent and content of candidate-levelonlinecampaigningatthe2015UKgeneralelection.Journalof Elections, Public Opinion and Parties,29(2), pp.179-198.