Role of Information Technology in Managing Businesses: A Case Study of Asda
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This report discusses the role of information technology in managing businesses, with a case study of Asda. It covers different types of software used by businesses, importance of ethical and social issues, impact of internet and intranet, and the role of IT in helping managers to manage businesses.
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Table of Contents INTRODUCTION...........................................................................................................................1 LITERATURE REVIEW................................................................................................................1 ANALYSIS AND DISCUSSION...................................................................................................2 Discuss different types of software that could be used by businesses........................................2 Ethical and social issues are increasingly becoming important in the digital world. Identify and discuss the importance of them to run businesses,...............................................................3 Discuss the impact of internet and intranet on businesses..........................................................4 Discuss the role of IT in helping managers to manage businesses.............................................6 Pros and cons of information technology...................................................................................7 CONCLUSION................................................................................................................................7 References:.......................................................................................................................................9
INTRODUCTION Information Technology is defined as the usage of any computer, networking, storage and any other physical devices. The use of information technology makes the work of organisation more easier. In order to complete the business operations in an effective and efficient manner, the management use several new and advance technology. The chosen organisation for this report is Asda which is a British supermarket chain having headquarter in Leeds, United Kingdom. The knowledge of information technology also leads to speed up the work done by the employees of organisation(Chen, 2019). This report include several types of software which are being used by Asda, importance of ethical and social issues in running the business. In addition to this, it also deals with the impact of internet and intranet on Asda and the role of IT through which the managers of business organisation can manage the business. LITERATURE REVIEW As per the article of Ben Lutkevich, system software is consider as the computer hardware which is being developed for the purpose of bringing the fluency in the application program. It is found as essential to know about the system software as it act as a mediator among the hardware and user application. He also state that the system software is being used in order to managing the computer machines. According to the article of Thompson, 2019, each and every business organisation is require to collect the data and keep the record of all information. These practices can be completed in an effective and efficient manner with the use of information technology. The improvement in the overall performance of organisation along with enhancing the customer experiences can be introduced in the business through the use of ICT. It also leads to the decrease in costing and improving the productivity of organisation by providing the important data in necessity. In addition to this, information technology permits the business firm to improve its security along with avoiding the wastage of papers. It is the easiest way of expansion of business firm in international market as it permits the purchases in several currencies. According to the point of view of Scheck, (2016), advancement in the technology result in several innovations. Now a day, various business firms are gaining the advantage of digital tool as an improving tool. The use of Information Technology directly influence the business 1
operations. It also involve Cloud Computing which is found as highly popular which leads to bringing the effectiveness and efficiency in the functions of a business firm. ANALYSIS AND DISCUSSION Discuss different types of software that could be used by businesses. Retail management software support the functions or operations of retail industry. It become easy to manage all the functions in the retail industry. There are several types of software which are being used in the retail businesses. Below mentioned are some essential types of software that could be used by Asda:Payment Processing Software:It is defined as the software which create the relationship among the stores of Asda with banks and different systems of payment. It permits the business organisation to process the business transactions in a fast and secure manner. This software develop the credibility of Asda and aids to improve the entire security through avoiding the fraud(Kuckartz and Rädiker, 2019). It help in proceeding the invoice in a fast and easiest manner. In addition to this, it also plays an important role in saving the cost as it decrease the requirement of bills. Through the use of this software, Asda can operate online along with accepting the cashless payments.Inventory management software:It refers to the software systems which plays the role of controlling the stock of warehouse along with automating some processes. Through the help ofautomatic synchronization of stock with orders, Asda company can quickly get update of stocks which also helps the management in taking the effective supply chain decisions. It also leads to the automatic generation of invoices which can also save the time of management of Asda and make the price formation and revenue transparent.Point of Sale Software (POS):It is defined as a system in which hardware and software work simultaneity in order to permitting the transactions among Asda and its customers. This system plays an important role in improving the efficiency of operations of Asda through removing the requirement of traditional payment system which include cash register. It introduce the bar code scanners and terminals of credit card in order to make the payment process more easy and effective(Kumar and Rathore 2018). It also help the management by providing sales reports which can help in predicting the trends of near 2
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future. There are several stores of Asda in United Kingdom, hence, this software collect the entire data and informations of customers from all the stores. ď‚·Retail management software:It refers to the comprehensive digital platforms for Asda which can be used to integrate the collection of tools for the purpose of managing the day to day business operations. These tools will be helpful for Asda in conducting the inventory management, point of sale transaction and customer relationship management. This software perform the function of streamline the transactions which leads to bringing the efficiency in their day to day business operations. Asda can perform several processes with the use of only a single integrated platform. Ethical and social issues are increasingly becoming important in the digital world. Identify and discuss the importance of them to run businesses, Development of digital world is introducing advancement in technology. Several of new and advance technology is being used by the Asda for the purpose of completing its operations by saving time and collecting all the essential details through the server of operating system. The advance technology is becoming an important part of wellness and academic area. Higher the use of digital technology result in the huge alterations in the interior installation of the society. Below mentioned are the several ethical and social issues: Ethical Issuesď‚·Individual Secrecy:It is found as the major ethical challenge in the area of information technology. It involve the offence and closing of private information of an individual through the usage of network. Through the use of advancement of technology, huge amount of details of individuals can be used through the utilization of network at a wide level. It is the reason behind having the several individual components such as operating system, hardware, software and many more(Sung, Chae and Lee, 2019). All these individual components are being linked with each other in order to operate the server with the use of network. In the context of Asda, it has been identified that the integrity and closure of personal data is the major issue which occur while gathering the data and informations of customers from several stores. ď‚·Access rights:In the phase of improvement of technology, approaching towards getting the rights is also found as the most essential issue. In any case, if any unauthorised person access the data through the use of any specific network on the platform of social 3
media. This will result in the huge amount of losses as it is not the right way of accessing the data or information. Any of important information related to the customers or finance or any internal management information can be accessed by any unauthorised user leads to the huge losses to the business organisation. In the modern ear, most of people are shifting to the e-commerce and e payment system while doing payment of shopping. Itcan be a huge issue for the bodies of governing. Social Issues ď‚·Online Stores:This kind of service is majorly provided by the offline supermarket or hypermarket chain to their customers. Under this facility, several of customers do online payment through online banking. This practice give the access of all the important information of bank to the cell phone(Zhao and et. al., 2018). All the important bank account details have been saved in the mobile application of Asda. The unlawful use of this informations of customers may result in the financial or monetary loss of customers. ď‚·Cyberbullying:It is defined as the misuse of the information which is being on the IT by the company. It also have its negative impact on the business operations and functions of Asda. There are various forms of cyberbullying which include harass or defame someone, manipulating the individual working ion the organisation. Discuss the impact of internet and intranet on businesses. Information and the communication technologies(ICT)is defined as the diverse set of technological tools and the certain resources which are being used to transmit, store, create, share and exchange the information in the business. It is being use to handle the communication processessuchastelecommunications,broadcastmedia,intelligentbuildingmanagement systems,transmissionsystemandthenetwork-basedcontrolandthefunctionsof monitoring(Andreoni and Yip, 2020).It is the mind set which is being generated by the business so that they can have the better consideration in the operations of the business by which they can rightly ensures the higher profitability and revenue and its operations. In context to Asda, There are certain benefits which are attach with the digital tools and this also helps in growing the digitalization with in the company. The certain communication technology helps the business to consider the data and actionswhich are comprises of collection, saving, processing and presenting the data. As the advancement is the communication and the IT technology has further 4
strengthen the role of the interest in the company. The internet is widely used in company for marketing an promotion of goods and services. This also deliver the customer support, share the informationandprovidetrainingtotheemployees.Thecertainaffectsandconnection technology on the business enterprises are illustrated below: ď‚·Cloud computing :-It is the general terms which is being used for anything that involves delivering hosted services in the internet. It helps in developing their varied business in order to capitalise on the certain capability and manage their time and resources for the organisation. When the company want to attains its objectives in an impressive manner they needs to have the better networking line which assist in growing their actions and diverse the certain services such as collection of information virtually in the different business units and save the data. ď‚·Technologyofbusinessprocess:-It is basically the connection which assist in automating each process in the given business in an appropriate manner, this not one ensures the development of the efficiencies but also helps in developing their operations in the departments. These aspects helps the company to complete the given task within the deadline so that the effectiveness can be retain and leads to get good response in the business. All such business activities such as collection of the data and tracking all the process and managing the billing can be completed in an appropriate manner with the help of the technology. ď‚·Giving satisfaction to theirusers :-It is most effective factor which leads to have the better learning for the users. It is the key that are presented in front of the venture and also leads to meet the needs of the people. In context to Asda, there are certain task which is related to the communication technology and help the company in resoling various issues in an appropriate manner(Elbaset and Ata, 2021).As the company is utilizing the social media stages so that they can better serve the customers. It is known that the key ingredient for the success and the growth of the concern is the satisfaction of the buyers, there are certain types of cloud which is based on communication programs that helps in growing the satisfaction of the customers. ď‚·Protection of information :-It is analysed that the large amount of data has been stored by the company in their given data base and it is being considered that it is the valuable resource for the company. There are various types of issues which is related to the lose of 5
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data and the information that includes the lose of customer's data and their personal information. It is vital ofr Asda to have their data to be safe and secure. They must use the appropriate tools by which they can save their date and its customer's data so that they can promote the security of the information. Moreover, the access has been granted users by having the virtual storages in which the the chances of hacking and keeping data secure can be minimised. ď‚·Controllingof resources :There are certain type of resources which are being acquired by the company which access the human resource, financial resources and many others. This is tough to the large companies to keep their resources in an appropriate manner. Moreover the certain solutionsbeing launched and technology is being used as it plays the significant role in tackling the various resources in an appropriate manner. In relation to Asda, the major consideration of business factors in an appropriate manner. This also leads the company to develop the various procedures of the company. This assist the management of the particular company by which certain application can be used in order to manage the business. Discuss the role of IT in helping managers to manage businesses. Information technology helps the business for framing certain strategies according to the business cycle so that the right information can be stored and transferred to the business which also leads to have the betterment in the given task. In context to Asda, there are certain aspect in which they are managing the business which are explained as follows: ď‚·Developthecompanycommunication:- this basically leads to manage the firm in developing the effective communication within the organisation. Mails, videos, chats is being utilised by the company(Tereshchenko Lyubov,2021).In relation to Asda, IT helps the administration of the company so that they can assemble the data in an appropriate manner. ď‚·Improvedconsumerlearnings:-Certain types of information software is being developed and helped the users and the manager of the company to control their business in an appropriate manner. In context to Asda, these such application not only assist them in communicating with the users on its sites and also leads to have the huge growth and success. 6
ď‚·Impressive Regular operations:-It is he vital factor which helps the managers of the company which helps in retaining the effectiveness of the business task. By growing the overall functionality of the business, the management can complete the project in a very rapid and low policy and focuses on the details of the company. In context to Asda, the retail industry have to perform the software and emphasis on the company functioning. Pros and cons of information technology As the communication technology and the information is being usedby the Asda that help them to develop the certain kinds of business in which they are operating. They are operatingin online payments, developing communications by using Emails that ensures the better floe of technology within the business and further they can develop the connection with their respective customers. The negativeside of theinformationtechnologyisthattheyneed tohave huge investment and also require time to complete the given task. In context to enhance the system information technology, the top level management of company have invest more funds in order to manage the technology in an appropriate manner(Magnavita, 2018).The e-commerce sites of an organisation can collect the personal data and the information of the people which leads to have frauds. This also get close the goods linked to the details in which certain time is being neededwhichaffectthecompany.Additionally,withthebetteruseofthetechnology, unemployment ration reduced with the less use of human resources within the organisation. CONCLUSION From the above report, it is being concluded that there are certain actions of the company which are detailed and communication technology is having the huge effects. This not only help the organisation in making the better communication networks for the business but it also leads to have securing the data of the business. This respective project says that the information technology are having the different type of software which are different types that are discussed in the given task. This also summarised that the various kind of task of social and ethical issues that are being faced by the business and its importance in the business. Communication technology and information make the huge effect on the overall performance of the company and its offering the technology so that they can ensures the effective functioning in an appropiate manner. 7
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