Question

In: Operations Management

Role of information technology to communicate effectively in modern business. Explain

Role of information technology to communicate effectively in modern business. Explain

Solutions

Expert Solution

IT (information technology) plays a major role in effective communication in modern business

Below are some industries where IT has been involved in providing quality solutions

1) Banking

Modern banking is digital thanks to Softwares and networking, now people can do payments and withdrawl from remote locations.

It has led to paperless organisation andthe speed has been so good that people are liking the services provided by these modern banks

All accounting is done in fractions by virtue of software developed by IT industries

2) Manufacturing

Modern manufacturing industries require a robust ERP (Enterprise resource planning) softwares that aid in quick decisionmaking.

This is a must to run day to day operations smoothly

Softwares like SAP, Oracle & Microsoft Dynamics have made the life of manufacturing people very esy

3) Education

Advent of projectors and amny web based applications have taken education industry into a modern era and have brought all the educational institutions to a global era.

4) IT Services -

IT has served itself by developing communication based applications like Skype, microsoft teams & VPNs to aid the service people to guide clients from other industries

Thus IT has provided a means to communicate effectively at a very fast pace leading to overall growth of the economy

P.S --Kindly give thumbs up --This will motivate me to provide more and more quality answers!


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