In recent years, there has been an explosion of information and information is vital for operations management activities. The revolution of information technology and the Internet facilitates the performance of the economy in the business sector. Information technology is any technology that enables humans to create, change, store, communicate, and spread information. Information technology brings together high-speed computing and communication for data, voice, and video. The information system is significant in many organisations and the main components included are hardware, software, brain ware (people), and networks. Information technology facilitates the development of online business in various regions of the world. Electronic commerce (e-commerce) can be used by companies selling books, music, videos, etc. Some examples of popular electronic commerce (e-commerce) companies in the world are Amazon, Alibaba and Apple. The use of electronic networks and associated technologies improves, transforms and creates superior value for current and potential customers. Technological advancements influence a company’s internal performance, especially in administration. Database systems can easily classify company data accurately and in detail. In general, database systems play an essential role in the collection of company inventory. The capability of computers to handle complex problems today is undeniably beneficial for the performance of the company’s employees. The concept of a strategic partnership or information technology-based partnership, such as the implementation of a supply chain management (SCM) system or enterprise resource planning (ERP) allows a company to achieve significant breakthroughs in designing the organisational structure of its information technology unit.
In recent years, there has been an explosion of information and information is vital for operations management activities.
The revolution of information technology and the Internet facilitates the performance of the economy in the business sector.
Information technology is any technology that enables humans to create, change, store, communicate, and spread
information. Information technology brings together high-speed computing and communication for data, voice, and video.
The information system is significant in many organisations and the main components included are hardware, software,
brain ware (people), and networks. Information technology facilitates the development of online business in various regions
of the world. Electronic commerce (e-commerce) can be used by companies selling books, music, videos, etc. Some
examples of popular electronic commerce (e-commerce) companies in the world are Amazon, Alibaba and Apple. The use
of electronic networks and associated technologies improves, transforms and creates superior value for current and
potential customers. Technological advancements influence a company’s internal performance, especially in administration.
Database systems can easily classify company data accurately and in detail. In general, database systems play an
essential role in the collection of company inventory. The capability of computers to handle complex problems today is
undeniably beneficial for the performance of the company’s employees. The concept of a strategic
information technology-based partnership, such as the implementation of a supply chain management (SCM) system or
enterprise resource planning (ERP) allows a company to achieve significant breakthroughs in designing the organisational
structure of its information technology unit.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
The article claims that the
hardware, software, brain ware (people), and networks. Elaborate on each of these components.
by Bartleby ExpertThe article states "Database systems can easily classify company data accurately and in detail". Identify and discuss the steps within the data mining process that assist with data accuracy
by Bartleby Expert
