Read the article extract below and help me answer the questions that follow.The Impacts of Information Technology on BusinessVarious business sectors enjoy the presence of information technology as it assists people in different activities. The revolution of information technology and the Internet facilitates the performance of the economy in the business sector.Information technology explains 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 progress of information technology brings a significant impact on different aspects of life, specifically in the businesssector. Information systems are significant in many organisations and information technology facilitates the development ofonline business in various regions of the world. Electronic commerce (e-commerce) can be used by companies sellingbooks, music, videos, etc. Some examples of popular electronic commerce (e-commerce) companies in the world areAmazon, Alibaba and Apple. The use of electronic networks and associated technologies improves, transforms and createssuperior value for current and potential customers. Technological advancements influence a company’s internalperformance, especially in administration. Database systems can easily classify company data accurately and in detail. Ingeneral, database systems play an essential role in the collection of company inventory. The capability of computers tohandle complex problems today is undeniably beneficial for the performance of the company’s employees. The concept of astrategic partnership or information technology-based partnership, such as the implementation of a supply chainmanagement (SCM) system or enterprise resource planning (ERP) allows a company to achieve significant breakthroughs indesigning the organisational structure of its information technology unit.Source: https://www.researchgate.net/profile/MosesMgunda/publication/344041201_The_Impacts_Information_Technology_On_Business/links/5f4f3d67299bf13a31970556/TheImpacts-Information-Technology-On-Business.pdf1. QUESTIONThe article states: “Information technology explains any technology that enables humans to create, change, store,communicate, and spread information”. Outline the types of information technology and main components within a business.
Read the article extract below and help me answer the questions that follow.
The Impacts of Information Technology on Business
Various business sectors enjoy the presence of information technology as it assists people in different activities. The revolution of information technology and the Internet facilitates the performance of the economy in the business sector.
Information technology explains 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 progress of information technology brings a significant impact on different aspects of life, specifically in the business
sector. Information systems are significant in many organisations and 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
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.
Source: https://www.researchgate.net/profile/MosesMgunda/publication/344041201_The_Impacts_Information_Technology_On_Business/links/5f4f3d67299bf13a31970556/TheImpacts-Information-Technology-On-Business.pdf
1. QUESTION
The article states: “Information technology explains any technology that enables humans to create, change, store,
communicate, and spread information”. Outline the types of information technology and main components within a business.
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