The Role of Information Technology in the Business Sector

Nikoloski, Krume (2014) The Role of Information Technology in the Business Sector. International Journal of Science and Research (IJSR), 3 (12). ISSN 2319-7064

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Abstract

The business sector produces products and services for profit. Information technology describes any technology used to create, process and disseminate information that is critical to business performance. Information technology is important to the business sector as a management tool to optimize the processing of information to produce goods and services for profit. No matter the size of your enterprise, technology has both tangible and intangible benefits that will help you make money and produce the results your customers demand. Technological infrastructure affects the culture, efficiency and relationships of a business. It also affects the security of confidential information and trade advantages. The information revolution is sweeping through economy. No company can escape its effects. Dramatic reductions in the cost of obtaining, processing, and transmitting information are changing the way we do business.

Item Type: Article
Subjects: Social Sciences > Economics and business
Social Sciences > Educational sciences
Divisions: Faculty of Economics
Depositing User: Krume Nikoloski
Date Deposited: 16 Dec 2014 12:38
Last Modified: 16 Dec 2014 12:38
URI: http://eprints.ugd.edu.mk/id/eprint/11652

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