...Cantonment, Dhaka – 1216 Subject: Submission of report on Information Technology is the most important marketing tool for Modern Business organization. Dear Sir, Here is the report you asked to submit on Computer and its application in business. We are very happy to submit this report on time to you. In this report we have tried to provide as much information as we can about Information Technology and its importance in marketing. We have done the report according to your specification. We will always be available for any supplementary interpretation or clarification that you may require. We sincerely hope that this report will live up to your expectation. Thank you for your valuable time and cordial consideration. Sincerely yours On behalf of my group Objective of the study * To understand the importance of information technology. * The business implication of IT. * IT as a modern marketing tool for modern business organization. Information technology Information technology (IT) is the application of computers and telecommunications equipment to store, retrieve, transmit and manipulate data, often in the context of a business or other enterprise. The term is commonly used as a synonym for computers and computer networks, but it also encompasses other information distribution technologies such as television and telephones. Several industries are associated with information technology, including computer hardware, software, electronics, semiconductors...
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...International Journal of Information Science and Technology THE ROLE AND EFFECT OF INFORMATION TECHNOLOGY IN THE CREATION AND MAINTENANCE OF SUSTAINABLE COMPETITIVE ADVANTAGE A. Talebnejad[1] Faculty of Management and Accounting Shahid Beheshti University Email: taleb149@yahoo.com Abstract -By the appropriate use of information technology, organizations can achieve sustainable competitive advantages. This technology because of including some characteristics such as being up-to-date, fast and precise and having different geographic localities all the time, has improved organizational efficiency, effectiveness and performance. In this article, we intend to investigate the role and effect of information technology in the creation and maintenance of sustainable competitive advantages from two different approaches: market-based approach and the resource-based approach. In the Market-based approach, meeting customer's and creating values for them, using information technology and the issue of achieving the competitive advantage and position in the market by organizations are addressed. In the resource-based approach, compatibility of the organization's resources such as those of information technology and organizational skills, particularly managerial ones are investigated. Amongst different organizational skills and resources, only managerial skills of information technology can create a sustainable competitive advantage. Keywords: Information Technology, Sustainable Competitive...
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...Score 7% Abstract This research will examine the impact of data visualization as a megatrend on the delivery of healthcare. Information technology will have a profound impact on the healthcare industry in the digital age. Data visualization tools and methodology represent a reimagined way for individuals who receive healthcare to connect with data that will substantially change the way they will understand their health, maintain wellness, and receive healthcare services. Data visualization tools will also impact how patient information is shared, diagnoses rendered and treatments designed based on model integrated visual data models. Information technology is at the center of technological change and the healthcare services will be a major part of that change in an enduring way. DATA VISUALIZATION AND HEALTHCARE Introduction Data visualization is an information technology megatrend that can quite effectively inform research and strategy within the health industry. It is a disruptive technology that visually presents data in order to inspire an intuitive and deeper comprehension of complex subject matter, and relevant patterns and trends (Producer, 2013b). This enables health organizations to target research efforts and improve outcomes in services and treatment. The health industry is benefitting from the use of data visualization tools because it synthesizes vast amounts of data automatically expunging useless data. This streamlined data allows for more targeted...
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...The Impact Of InformatiOn Technology On The Accountancy prOfessiOn In Nigeria THE IMPACT OF INFORMATION TECHNOLOGY ON THE ACCOUNTING PROFESSION IN NIGERIA By: Idongesit Efiong Utah ABSTRACT This research focuses on assessing the impact of information technology on the Nigerian Accounting profession by examining four areas: Impact on the public and private sector, the challenges and reaction to the challenges posed by information technological innovation and information technologies enhancing effect on the Accounting profession. INTRODUCTION It is evident that we are in information driven age where information technology is a driving tool in the public and private sectors. The replacement of mainframe computers with personal computers which were affordable to most users has ushered us into an era of proliferation of information, speed of assess to and ability to disseminate information. The information technology revolution has brought about a drastic change in the business environment, its structure and the business process. Information technology has become a strategic tool that drives the strategic initiatives of organizations and businesses. Manual processes have been replaced with automated processes, routine bookkeeping and recording of financial information is being done electronically, and the ease and speed of transacting business has greatly increases. The accountant as a major player in the public and private sectors cannot afford to be left out...
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...Reflection Paper Technology has been growing so rapidly has become the most important communication tool for business. Even for a non-technology related company like us, technology is utilized in every way in our daily operations. Before taking the class, I just simply use these technologies since they are required to get my jobs done, without giving too much thought about how they are affecting me and my work. But now I can see them from a different perspective. I understand how they work, why we use them, what benefits they bring, how to use them more efficiently, what the potential improvements are, and some of the issues existing in our systems or network. Course Content Throughout the course, we’ve studied every aspect of information technology. First, the detailed introduction, history, and benefits of IT gave me a basic understanding of computers and information technology. Study of internet and communication tools provided me more options for efficient web use and communications. Then we learned about computer hardwares, different parts computers consist of, and also input and output hardwares. During this section I learned a lot of the terms that I was not familiar with before. We also studied about the networks and different communication medias, cyber security issues and ways to safeguard these issues. It was very helpful to get more knowledge about database and how to do data mining more efficiently. We then analyzed the challenges of information technology. And finally...
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...Patrick Jacks. DBRGE 200 B- The Tools that Make Us Research Essay June 2013 Technology and Social behavior. When human beings are supposed to be free by nature, the truth is that we possess an obvious tendency to live under certain regimes that mark us and define us throughout our lives. We are creating in our own environment some features that enslave us but we are curiously interested to maintain. The essay is to support the idea that men,from birth, is victim of a consecutive series of technological regimes that has as a result an impact on society. It is a fact that technology has contributed tremendously to the development of society until this days. From the creation of devices, to detect several illness and other medical conditions, to products that will simplify our life at work and home. Two important questions to ask ourselves are: how are we being shaped by technology in society? And, how we are influencing technology? When analyzing the impacts on both sides we find many factors that influence are being influenced by its progress. Some of them are science, communication, information, education, medicine, in to others. When analyzing technological impact, a major contributor is ICT (Information and communications technology). According to Britanica Encyclopedia ICT are provided by computational tools and computer that process, store, synthesize, and present information retrieved represented in the most varied forms. It is a set of tools, supports and channels for...
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...Information Systems in Organizations (Wallace) Chapter 1 Information Systems and People 1) China is known as the world's "back office" because innumerable companies in China manage information system applications for a growing number of multinational corporations. Answer: FALSE Page Ref: 6 AACSB: Use of information technology Chapter LO: 1 Difficulty: Easy Course LO: Discuss the role of information systems in supporting business processes 2) A survey of retailers found that modern point-of-sale technology was rated the least valuable element in customer satisfaction. Answer: FALSE Page Ref: 8 AACSB: Use of information technology Chapter LO: 1 Difficulty: Easy Course LO: Describe the functions of customer relationship management (CRM) systems 3) A person's online behavior is an important source of business intelligence. Answer: TRUE Page Ref: 9 AACSB: Use of information technology Chapter LO: 1 Difficulty: Easy Course LO: Explain how information systems can be used to assist in decision making 4) The information systems that support virtual teamwork and collaboration are, in some respects, still in their infancy compared to the more mature operational systems. Answer: TRUE Page Ref: 9 AACSB: Use of information technology Chapter LO: 1 Difficulty: Easy Course LO: Explain how IS can enhance systems of collaboration and teamwork 5) The development and application of innovative information systems improve the operations...
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...National Seminar A National Seminar on "Leveraging Technology- An innovative way to improve the quality of Higher Education" was organized on Saturday, 9th April, 2011.The chief guest for the event was Prof. Naveen Rajpal, University School of Information Technology, and Dr. Sanjeev Mittal, University School of Management Studies, Guru Gobind Singh Indraprastha University and other key speakers were Mr. Ashok Bagrial from Shivaji college from University of Delhi, Prof. Meenakshi Gandhi from Rukmini Devi Institute of Advanced Studies, Mr. Anup Girdhar, CEO and founder of Sedulity solutions and technology, and Mr. Om Prakash Sharma, Director, National Centre for Innovation in Distance Education, IGNOU. The aim of this seminar was to highlight the immediate need for improving the quality of higher education by adopting and using the Information Communication Technology to the maximum. National Workshop A National Workshop on “Recent Advances in Research Methodology & Data Analytical Tools” was organized by our college on 14th May, 2011. The key speakers for the workshop were Prof. Ajay Pandit, Faculty Management Studies, Delhi University and Mr. Sudhansh Sharma, Associate Professor, Jaipuria Institute of Management Studies. The objective of this workshop was to make faculties learn the recent research methodology and research analysis tools with the help of SPSS software PLacement PUBLICATION AND MEDIA COVERAGE [pic] Annual Journal “CPJ Global Review” The...
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...Table of Contents Ethical and Social Issues In Information System 1 Chapter one 3 Introduction to the Study 3 Context of the Problem 4 Statement of the Problem 5 Research Questions 6 Introduction 6 Research Question 6 Research Question 7 Research Question 7 Significance of the Study 8 Research Design and Methodology 9 Organization of the study 9 Literature Review 10 Introduction 10 References 14 Chapter one Introduction to the Study Ethical and social issues in information system is a combination of the benefits and disadvantages of using computer and computer related devices, social networks versus our ethics, morals and beliefs. The importance and reliability of computer in our day to day running of human life cannot be over emphasized. Social networking platforms may allow organizations to improve communication and productivity by disseminating information among different groups of employees in a more efficient manner, resulting in increased productivity. While it is not meant to be all-inclusive, there are a lot of problems faced by its usage in younger generations, businesses use, and the even medical field. The social media comes with risks as it opens up the possibility for hackers to commit fraud, launch spam and virus attacks, and also increases the risk...
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...Characteristics of Accounting Information Systems Craig L. Granville ACC 542 April 15, 2013 Edgar Coronel Characteristics of Accounting Information Systems Introduction In the San Diego, California area there is a gourmet food store company named Kudler Fine Foods. This company was founded by President Kathy Kudler a few years ago and has three different stores located in various areas of California. Location of these stores are located in La Jolla, Del Mar and Encinitas. Her dream of the store was to create a wide selection of the freshest ingredients as well as all of the tools a gourmet cook could and would want in their pantry (Kudler Fine Foods, 2013). However, she would like to expand the business by improving the operation of the business and to increase the ability to have a better purchase selection for the customer’s within the next year. For Kudler to be able to obtain these objectives the company will need to get a better grip on the changes in technology and to create a better business opportunities for their competitors and the is very interested in giving their company identity of the generic strategy and tactics. The company is interested in finding ways of continuously scanning the fine foods and seeing if there is any updating software that is out there. The answer to the company questions are described in this paper below. Scanning of the fine foods industry The business environment is continuously changing. New competitors, products, services...
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...Information technology in business practices Introduction Information Technology systems have expanded in all the companies. Information Technologies include hardware and software as well. Besides, IT may consider telecommunications networks, the management of data and many technologies based on the use of the Internet. There has been in this essay a try to show the strategic value and the utilization in production of Information Technology in business practices. Many believe that IT has a controversial value in strategic arrangement of organizations and productivity implementation, while others believe that IT affects enterprises in all the above mentioned sectors and after all that it is the backbone of every modern company. Nobody can deny that Information Technology plays important role in strategy and productivity of companies who use it. However there is a growing opinion that Information Technology has become a commodity and that has already lost its competitive advantage. The alternative opinion is that speed and flexibility may occur, via IT, into businesses. Moreover improvement of organizational structure is one more of the benefits companies can gain by the proper use of Information Technology. However in any occasion companies should innovate in continuous matter in order to conserve the strategic value of Information Technology. Main body Nicolas Carr's article “IT doesn't matter” (May 2003) expresses the opinion of senior managers concerning...
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...Computer technology is advancing at a rapid rate, causing the diversity and availability of assistive technology computer resources to have a tremendous impact for special education students across the United States. Assistive technology provides an opportunity for students with physical, emotional, and mental disabilities to acquire universal access to tools and opportunities for learning. Despite studies showing the benefits of assistive technology, many school districts fail to achieve the fullest potential that assistive technology can offer. This paper will define assistive technology, identify several obstacles of effective implementation, and present various approaches to overcoming those obstacles. Assistive technology is defined as "any item, piece of equipment, or product system, whether acquired commercially off the shelf, modified, or customized, that issued to increase, maintain, or improve functional capabilities of individuals with disabilities" (Individuals with Disabilities Education Act, 1997). “Is society too dependent on technology?” Tom thought to himself as he drove to Colorado. He was on a family trip to visit his parents. It was a long trip and he had never been there before so he decided to use his navigation system to get there. He typed in his destination and headed to Colorado. On the way, his four-year-old son threw a juice cup, which spilled all over the navigation system. He did not think he would need a map, and now his family and he are stranded...
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...Importance of information technology to business organizations? Information Technology (IT) is: "the study, design, development, implementation, support or management of computer-based information systems, particularly software applications and computer hardware." In short, IT deals with the use of electronic computers and computer software to convert, store, protect, process, transmit and retrieve information, securely. Today, the term Information Technology has ballooned to encompass many aspects of computing and technology, and the term is more recognizable than ever before. The Information Technology umbrella can be quite large, covering many fields. IT professionals perform a variety of duties that range from installing applications to designing complex computer networks and information databases. A few of the duties that IT professionals perform may include: Data Management Computer Networking Database Systems Design Software design Management Information Systems Systems management In this definition, the term "information" can usually be replaced by "data" without loss of meaning. Recently it has become popular to broaden the term to explicitly include the field of electronic communication so that people tend to use the abbreviation ICT (Information and Communication Technology). Strictly speaking, this name is slighty redundant. Why Is Technology Important in Business? Technology is essential to the success of many businesses. No matter the...
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...Nowadays, technology is growing rapidly and it creates great and modern devices. The growing technology has spread its ability to various fields. Technology refers to the making, modification, usage, and knowledge of tools, machines, techniques, crafts, systems, and methods of organization, in order to solve a problem, improve a pre-existing solution to a problem, achieve a goal, handle an applied input and output relation or perform a specific function. It can also refer to the collection of such tools, including machinery, modifications, arrangements and procedures. Technologies significantly affect human as well as other animal species' ability to control and adapt to their natural environments. The term can either be applied generally or to specific areas such as construction technology, medical technology, and information technology. Technology has affected society and its surroundings in a number of ways. In many societies, technology has helped develop more advanced economies which including today's global economy and has allowed the rise of a leisure class. (May Principe, 2012) According to Lai Mun Chow and Yap Su Fei (2004), Malaysia is an emerging Asian economy aspiring to move towards a technology-driven and high-tech production-based pattern of development and thus replicate the experience of the newly industrializing economies (NIEs) of Asia. In fact, Malaysia has been categorized in the group of countries that have the potential to create new technologies on their...
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...Internal auditing covers a broad range of areas that includes a lot of regulation. Even more focus is on information technology. “As the demands of traditional audits responsibilities and the growing burden of information security evolve, the industry is beginning to see emerging trends in internal auditing departments across many organizations” (Hirth, 2012). Information technology controls continue to increase in importance to today’s organizations as reliance on technology and compliance requirements increase. Deficiencies in information technology controls can have a significant impact on the organization. According to a 2011 presentation by public accounting firm Deloitte & Touche, the following are some of the top emerging information technology emerging issues. Social networking and social media technologies is expanding into new areas, including user communities, business collaboration, and commerce. The risks in this area include brand protection, unauthorized access to confidential data, and regulatory or legal violations. Historical audits are not sufficient to determine risks in this area as the medium is constantly changing. The audit plans should be updated every year based on a review of social media usage within the company with an eye on emerging risks. Mobile devices, including cell phones and tablets have become common workplace tools. These devices do not maintain the same level of data security as the organizations stationary network. There is...
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