Technology to enable then to manage the large amounts of data and make it available to the people who need it. Information Technology may be considered as comprising of five basic components - computers, communications technology, work stations, robotics, and Computer chips.3 Although Information Technology describes a large range of systems there are still some underlining common features. An information system in the business world incorporates a group of people, equipment and procedures. It is there to collect, record, process, store and retrieve and present information that can be viable for the success of a business.There are a number of ways Information Technology can improve a company's performance. Increased efficiency: if programmed correctly, computers can monitor the data collection processes very efficiency, while also checking for human errors and providing help and guidance to the user.Most large-scale organizations are using computer-assisted interviewing as standard in many of their surveys simply because of the remarkable achievement good data collection programs. Modern computers are fast. They are able to complete tasks 100's of times faster than we would be able to. The average PC can already perform most multimedia functions such as reproducing photographic pictures as sharp as any film. The advantages for companies can range from creating advertisement for your company to monitoring stock controls.Many companies success is dependent on the data that it is able to retrieve. Shared databases, enables companies to remove barriers between departments giving staff more accurate information and greater competency to serve customers. Internally, a company can use Technology to streamline, integrate and synchronize key operating processes (such as procurement, order fulfillment and customer service). This can enable a company to improve the efficiency and effectiveness of supply and distribution channels. Bene...
