How Can Information Technology Support A Company’s Business Processes?

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And Decision-making, And Give It A Competitive Advantage? Give Examples To Illustrate Your Answer.

Isabelle Barunga Answered question March 6, 2020
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First, IT makes credible and efficient communication networks possible and you will see this both at the internal and external levels. Whether it’s in the instantaneous transfer or sharing of information from one department to another or the real-time correspondence between one location to another, you’ll see it making communication possible via video conferencing programs and platforms.

Second, marketing is now made accessible to anyone with the right technologies and thanks to IT, even smaller businesses can establish brand awareness through various digital platforms and methods that are seen to be more effective than conventional marketing styles.

Third, IT has also shaped the way businesses strategize and make decisions. It allows you to integrate, access, and utilize networks and databases and generate accurate analyses and conclusions that you can use to enhance other business elements like customer service, research, and more.

IT is also known to help minimize business costs by boosting productivity but in order to reap this benefit, you need the right management solutions like the Technology Expense Optimization (TEO). Learn more about this when you visit bcmone.com.

Isabelle Barunga Answered question March 6, 2020