This research paper deals with the issue of introducing information technology (IT) into a business. I decided to do this study because in my opinion technology is vital and essential to form a business in our days. Without technology, business will find difficulties achieving their goals and plans. This research is important because some people don't know what the effect of IT on a business is. My study is trying to let people understand the importance of Information Technology and Management Information System (MIS) in any organization. It also deals with how these methods increase the income and productivity of a business. After I finished my study, I finally concluded that introducing Information Technology and Management information System is very beneficial. It has been shown to raise the income of the organization that adopted this method.
The Effects of Technology on Businesses.
The technological advances achieved in the past few decades have brought about a revolution in the business world, affecting nearly all aspects of working life. Technology has revolutionized the way companies do business. People can reach others throughout the world in a matter of seconds, with cost being increasingly irrelevant. Employees no longer need to be physically with their clients and co-workers; instead they can communicate effectively at home, at a distant office, across the world, and even in their car or on an airplane. Managers can now implement business technology and raise the playing field with larger organization and compete with them. For managers, Information technology (IT) has changed the way decisions are made in companies. It has helped link businesses together across the world and also link businesses with their customers. Virtually every aspect of doing business has somehow been affected, and probably improved, by some form of new technology. Moreover, big companies are using a management system that uses technology as a core element of work.