Oriental Journal of Computer Science and Technology

Open Access Open Access  Restricted Access Subscription Access

A Review on Role of Information Technology in Business Management


Affiliations
1 Hyderabad Business School, GITAM University, Hyderabad, India
2 Department of Electronics and Instrumentation Engineering, Lakkireddy Balareddy College of Engineering, Mylavaram, Krishna, India
3 Department of Information Technology, GITAM University, Hyderabad, India
4 Department of Mathematics, GITAM University, Hyderabad, India
 

Information technology plays a vital role in day-to-day activities right from small business to large business. Whether you need computers for storage, transfer, retrieval or transmission of information, you can manage your business with greater accuracy and efficiency with the assistance of information technology and computer applications. As an example considers the internet, it provides us with all latest happenings around the globe. Railways and Airways are connected with Information Technology. If we want to travel we can book tickets online, reserve rooms, etc. Since IT has become an essential part irrespective of the field i.e., education, or entertainment, or business.

Buying and selling has become quite easy now. Online shopping through credit cards and debit cards has made purchasing effortless. Moreover you can do shopping anytime as there is no time constraint; they are open round the clock. Banking is another area which has been automated like managing accounts, transferring of cash, depositing, withdrawing, etc. Implementing IT in an effective manner would decrease the cost; cost which is expected at the time of failure. Also increases the flexibility.


Keywords

Information Technology, Business.
User
Notifications
Font Size

Abstract Views: 171

PDF Views: 0




  • A Review on Role of Information Technology in Business Management

Abstract Views: 171  |  PDF Views: 0

Authors

A. Sreeram
Hyderabad Business School, GITAM University, Hyderabad, India
D. R. P. Chandra Sekhar
Hyderabad Business School, GITAM University, Hyderabad, India
S. R. Karumuri
Department of Electronics and Instrumentation Engineering, Lakkireddy Balareddy College of Engineering, Mylavaram, Krishna, India
Y. Srinivas
Department of Information Technology, GITAM University, Hyderabad, India
J. Vijayasekhar
Department of Mathematics, GITAM University, Hyderabad, India

Abstract


Information technology plays a vital role in day-to-day activities right from small business to large business. Whether you need computers for storage, transfer, retrieval or transmission of information, you can manage your business with greater accuracy and efficiency with the assistance of information technology and computer applications. As an example considers the internet, it provides us with all latest happenings around the globe. Railways and Airways are connected with Information Technology. If we want to travel we can book tickets online, reserve rooms, etc. Since IT has become an essential part irrespective of the field i.e., education, or entertainment, or business.

Buying and selling has become quite easy now. Online shopping through credit cards and debit cards has made purchasing effortless. Moreover you can do shopping anytime as there is no time constraint; they are open round the clock. Banking is another area which has been automated like managing accounts, transferring of cash, depositing, withdrawing, etc. Implementing IT in an effective manner would decrease the cost; cost which is expected at the time of failure. Also increases the flexibility.


Keywords


Information Technology, Business.