The Evolution And Impact Of Information Technology In Businesses

1273 words - 6 pages

The Evolution and Impact of Information Technology in Businesses
Introduction to Business
January 15, 2013

The Evolution and Impact of Information Technology in Businesses
The rise of the technological advancement in society has had a major impact in today’s business world. Technological development has restructured the way businesses operate effecting the business structure, advertisement, marketing, and communication. With the advancement of information technology, coupled globalization the business environment has been thrust into global market forever changing the boundaries resulting in unlimited business opportunities across the globe. Although technology coupled ...view middle of the document...

Information technology is the driving force behind globalization and is the key element of a small-time business transiting to a large scale business(, 2010).
With the explosion of information technology, businesses are how utilizing several methods to advance input and output of production. Information technology in business has created cost efficient and effective systems offering multiple benefits. The work place is no longer limited to phone calls or at the mercy of the U.S. Postal Service anymore. Electronic mail (email) allows workers to send messages, attached documents and instantly electronically sending data all over the globe saving time and money. For example, it used to take a week to transport a piece of mail through the U.S. Postal Service and now you can email data or documents across the world instantaneously. Electronic mail also can also be passed through multiple receivers if there is more than two parties are involved. In addition the internet has eliminated space and time. Video or teleconferencing technology lets businesses on any part of the globe network with one another. Information technology also has reduced travel costs because businesses can set up virtual meetings and share thoughts, ideas and business information without the need to be in the same room. This allows the businesses to establish and maintain a global presence at a fraction of the cost (Scott,).
There is no question that information technology has propelled businesses into the high tech 21st century and has boost productivity. Information technology in the office saves times by speeding up the work flow process. Digital filing systems save space, paper and printing costs. The use of computer systems allows corrections to be made instantly. Resources like electronic files and access to information technology are available with the click of a button (Scott,). In the field of Human Resource (HR) it has improved the efficiency of screening, recruiting and hiring potential candidates. Businesses utilize the internet to spread the word about the business and advertise job openings. HR managers can target candidates by using digital advertising technology and use technologies like personality assessments and screening tools allow businesses to determine whether a potential candidate is an appropriate fit for the organization(Scott, ).
Electronic gadgets such as cell phones, smartphones, Ipads are amazing communication tools that have made the world a smaller place for everyone and these devices that have allowed businesses to communicate with employees and others while on the move. We carry these electronic gadgets with us everywhere and whenever we choose. Information technology has also given the businesses ability to advertise instantly with these devices reaching a targeted group or a wider customer base and grow to higher levels. For example, television advertising is very expensive and only reaches a target audience during specified...

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