Examining Company's Environment and ICT Impact on Business Tech

This presentation provides an overview of a company's general environment, focusing on political, social, and technological factors. It examines the impact of Information and Communication Technology (ICT) on the company's technology, highlighting areas such as big data, digitalization, and regulating cryptocurrency. The presentation concludes that technology plays a vital role in the external environment, enabling effectiveness, efficiency, and enhanced productivity, which results in potential opportunities for business development and growth. References to relevant academic sources are included to support the analysis. Desklib offers a range of study tools and solved assignments for students.

Environment

Content
 Introduction
 General environment of company
 Effect of ICT issue on technology of company
 Conclusion
 References

Technology plays an essential role in the organization
as it helps in growth and success of it. Every sector is
making use of the technology so that it can make its
services more efficient and effective. The adaptation of
the technology has helped the organization to attract
more customers and handle them so that their loyalty
customer base is maintained.
Introduction

General environment of the company to
identify the major opportunities and
constraints
• POLITICAL FACTOR
• SOCIAL FACTOR
• TECHNOLOGICAL FACTOR

Social Factor
• SOCIAL FACTOR- This is also a very
important factor which effect the
functioning of the company includes
change in fashion, change in
preferences , increase or decrease in
population , religion and social issues.

Technological factor
TECHNOLOGICAL FACTOR-
Technological factor is a very important
for the organisation. This factor brought
various opportunities for the company.

Political factor
• POLITICAL FACTOR- political factor
is one of the most important factor
which effect the functioning of the
company. It includes tax rates, political
interference, unemployment rates,
economic condition of the country
where it is operating.

Effect of ICT issue on technology of
company
Information communicational technology refers to all sort of communicational
technologies which involves wireless networks, cell phones, software, internet social
networking etc. Below are the technological change which can give the competitive
advantage:
•Big Data
•Digitalisation
•Regulating Crypto currency

Conclusion
From the above PPT it has been concluded, the technology plays a vital role in the
external environment of the company. It enables the organisation to introduce
effectiveness and efficiency in its business operations. Moreover, it allows the
organisation to enhance its productivity which results in growth of the business. In
addition to this it provides various potential opportunities that the organisation can use
for its development and growth.

References
Hamilton, L. and Webster, P., 2018. The international business environment. Oxford
University Press
Nikitina, T. and Lapiņa, I., 2019. Creating and managing knowledge towards managerial
competence development in contemporary business environment. Knowledge
Management Research & Practice, 17(1), pp.96-107.
Dierkes, M. and Coppock, R., 2017. Human resources accounting: A tool for measuring
and monitoring manpower utilization in a business environment. In Measurement of
human resources (pp. 307-322). Routledge..

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