Wednesday, 6 April 2016

uses of information technology in business management

·        Storage
Ø Accounting software stores your payroll information, tax records and specialized data for your business
Ø  Once you’re acquainted with a program, you won’t know how you functioned without it.
Ø   You can eliminate much of the physical storage at the office by using information technology to scan and store old personnel and payroll files, tax files or client files.
Ø  You may need less square footage with information technology.

·         Marketing
Ø  You can have a Web presence, take orders, buy merchandise, sell excess or even operate some businesses entirely online.
Ø   A marketing tool that uses information technology is the Quick Response or QR Code that looks like a bar code but is square.
Ø  You can use your business management skills to direct employees or contractors to do your Internet marketing, or you can choose to learn a new set of skills in information technology.



·         Information
Ø  The Internet is a wealth of information to keep you current with trends, techniques, software and human resources.
Ø  You can draw on online databases and websites to locate potential employees, compare insurance proposals, tackle employee issues or check out the competition.
Ø   Managing your business with information gleaned from the Internet keeps you knowledgeable and on the cutting edge.


·         Communication
Ø  Information technology allows you to organize email file folders by client or by type of communication, such as orders or billing.
Ø   You can drag and drop your email files to closed folders as your company completes projects.

Ø  Your communication files become closed files, placed in storage on CD or on a hard drive with a duplicate copy or backup automated by a program