Role of IT Assignment - Marks and Spencer
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Added on 2021-02-20
Role of IT Assignment - Marks and Spencer
Added on 2021-02-20
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EXECUTIVE SUMMARY-It has been discussed in this report is that M&S will use seven stages of systemdevelopment life cycle that is beneficial for them. Company invest money in IT which providemany benefits as well as bring issues that impact on its financial performance. Internet andintranet is very important for firm as they will use in entire structure to gain profit than before.Moreover, IT will play vital role in success of M&S and help to attract more people towardsthem as to make the best promotion plan.
Table of ContentsINTRODUCTION ..........................................................................................................................2Literature Review ............................................................................................................................2Role of IT in Failure or success of Marks & Spencer..................................................................2Social and ethical issues that relate to running businesses..........................................................3Differentiate between various types of networking technologies................................................4Discussion and Analysis .................................................................................................................5Importance of internet and Intranet in business...........................................................................5Different stage of system development life cycle........................................................................6Potential drawbacks and benefits of Marks & Spencer investing in IT.......................................7CONCLUSION ...............................................................................................................................8REFERENCES................................................................................................................................91
INTRODUCTION IT (Information Technology) is set of several applications which is used by manycompanies such as Marks & Spencer to succeed and survive for longer in marketplace. Inmodern world IT is very important to implement in overall business structure that gives manybenefits to increase operational efficiency as well as functional. The present report is based onM&S working as in retail sector and provide the best quality products to customers in UK. Thisstudy explains role of Information technology in success or failure of company and also definesocial and ethical issues pertain to running businesses. Differentiate between various types ofnetworking technologies and importance of internet and intranet in M&S. Furthermore, itjustifies different stage of system development life cycle and drawbacks and benefits of businessas to invest in IT. Literature Review Role of IT in Failure or success of Marks & SpencerAccording to Burmeister, Lüttgens and Piller, (2016) information technology is use bymany companies such as M&S to managed their work effectively. It is the use of computer totransmit, store, manipulate information or data and retrieve often in context of the industry orbusinesses. IT is considered to be the subset of communication and information technology. It isthe type of business sector that deals with computing systems including software,telecommunications, hardware and mostly anything include in transmission of data or procedurethat faciliate communication. Information technology play main role in business as help to growand achieve desired organizational objectives and goals. With the help of IT departmentcompany can be able to perform better than before, they can perform many core functions withinfirms include maintain and introduces computerized information systems to procedureinformation efficiently, to produce timely and useful information. As discussed by Jones,Borgman and Ulusoy, (2015) the main purpose of IT within business is to provide appropriatenetworking, software, communications and hardware infrastructure. Information technology playvital role in success of business as it helps to run transactions procedure effectively. It affectscompany abilities to communicate with its consumers or target market, in recent businessenvironment IT is very essential for workers to interact with customers clearly and quickly.Websites permit people to find results to their questions after few hours, fast shipment with thehelp of Information technology allow company to move goods over the large geographic area.2
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