Quick dispatch of information globally has facilitated the commercial expansion to an extremely high level with a small firm being able to sell its products to another part of the world very easily as they can communicate to each other in no time and fix up the deal.
Examples of such cases include ticket booking, payment of bills, insurance and shopping. Investments to increase the level of explicit coordination with outside agents have generally resulted in increased risk to the firm; firms have traditionally avoided this increased risk by becoming vertically integrated or by under investing in coordination.
The key areas of cost reduction when carrying out a sale via electronic commerce rather than in a traditional store involve physical establishment, order placement and execution, customer support, staffing, inventory carrying, and distribution.
Electronic databases now can store huge volume of data which can be used very easily and internet can be accessed for any information on any field of activities. Special effects for action and science fiction movies are also created on computer.
There are many different languages that can be used to programme a computer. Also the global communications have become unbelievably quick through email services. We also discussed the negative effects of information technology like loss of privacy, unauthorized access to important data.
Patients who qualify for a medical program can take home a computer monitor and a camera, in addition to equipment to observe vital symptoms remotely.
Computers can also drastically change the way agricultural tasks and businesses are carried out all over the world. It is the easiest and fastest way of research. A lot of the information available on the Internet is incomplete and even incorrect.
Information technology works based on these simple concepts. Companies must bring new products to market quickly, while meeting the quality requirements of the customer. Both businesses and consumers have benefited from improvements driven by technology such as online ordering, traveling without obtaining tickets physically and inventory time management.
The technology is any mechanism capable of processing this data . One can also apply for a job or admission in a school or a college by filling the application form online.
Now note-book sized computers like laptop are fairly common. Information technology is helping to prevent more high school and college dropouts as well.
Virtual reality, probably much more advanced and more seamlessly integrated devices e.The importance of the internet as an all-pervasive medium of the future has been well recognized in India. A very important indicator is the number of businessmen jumping on to internet related business.
Today computer has become an important part of oneâ€™s education because we are using computers in every field and without the knowledge of computer we cannot get job and perform well in it.
So computers can secure better jobs prospects. - The History of Computers From primitive abaci to lab tops and calculators, the computer has evolved through time to become the essential part of our technocratic society.
The development of the computer has shaped the way technology and science is viewed in different cultures around the world. Another importance of technology in business is the ability for computers to perform multiple tasks simultaneously. Assuming the hardware is able to stand, the operator can have many different programs running simultaneously.
The importance of technology in our daily lives is undeniable. This is due to the fact that in today’s dynamic world, life without technology is meaningless. Patients who qualify for a medical program can take home a computer monitor and a camera, in addition to equipment to observe vital symptoms remotely.
how does technology affect. The most that any industry has gained from the discovery of the computer is the business industry because of its nature. In recent years they have gained significance as they have improved the efficiency and productivity of work done.Download