What are the Abuses of Information Technology in Relation to Business?

E-business is one of the aspects of E-commerce, which is the brotherhood of information technology to business management. The E-business with vast reach of web connects critical business with its critical constituencies. The internet have enhances and quickens modern business procedure and structure creates sustainable computer mediated relationship, The E-business can be classified as, E-business in the organization, Business to Business dealings and Business-to-customer transactions.
In this business timely, faster communication information plays a very important, significant and substantial role. A vast and diverse variety of information required for a business is organized amassed into the Management Information System (MIS). The management information system consists of interconnected sub-systems. These subsystems provide the necessary information to stay competitive. The computer is an electronic means that is used to gather, organize, analyze, and interpret and communicate vast volume of information with fast and quick speed. The use of computers increased the movements of business and quickened it globalization and increased competition.
The Electronic Data Interchange (EDI) made faster, secured and correct transfer of documents around the globe less difficult and treasure the computers make a paperless working system possible.
It is amazing how technology has slowly sneaked into our lives and has become a part of our day to day activities even without our conscious knowledge. We have all seen the way cell phones are no longer considered a fashionable gadget for the gadget freaks out there to show off. They have now become an absolutely essential accessory for everyone to have. Carrying one brings us loads of confidence and security and the knowledge that our business partners or loved ones are just a phone call away and are reachable anytime, anywhere at the press of a few buttons. Long queues for making electricity, water, telephone and other bill payments are things of the past.
Credit card payments have been accepted online for years, now. Online banking and trading are the buzzwords of today’s generation. Online shopping is also catching up and busy working people having little time to browse stores for their favorite authors or buy their favorite labels can now order their favorite authors, favorite music and their favorite pair of jeans online and collect them at their doorstep without having to step outside their homes (they just need to make a teeny-weeny bit of effort, enough to answer the doorbell).

But side by side, its Sad to understand that, this cutting edge technology and convenience comes with a few downsides as well. The E-business crime is growing through a minimal group of business who are exploiting and abusing the system for their personal gains and advantage.
Information is easily accessible online. While information technology may have streamlined the business process it has also created job redundancies, downsizing and outsourcing. This means that a lot of lower and middle level jobs have been done away with causing more people to become unemployed. Though information technology may have made communication quicker, easier and more convenient, it has also bought along privacy issues. From cell phone signal interceptions to email hacking, people are now worried about their once private information becoming public knowledge.
Easy access to information has resulted in new kinds of crime such as cases of credit card frauds and password hackers. Thus various types of electronic crimes are service theft, money theft, computer viruses, Programme data theft, programme damage, data destruction, programme copying, data alteration, hacking violation of privacy. The very names of the criminal activity devotes what they are aimed at. This is done through getting entry into the system unauthorized, manipulating computer data for money theft etc, sueak out stored valuables information unauthorized and at worst erase data through virus.
The stalkers of earlier times have now been replaced by the tech savvy “web stalkers” who follow and keep constant watch on people’s every move online.
These are few to mention about the abuses of Information Technology in relation to business.

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What are the Abuses of Information Technology in Relation to Business?

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What Are the Applications of Information Technology in Business?

Applications of information technology (IT) in business focus on managing IT applications and using IT to create business competitive advantages. Such as business-IT alignment, IT economics, and IT driven organizational change. Today’s businesses rely more heavily on technology than ever before. From improved telecommunications to online payment options, most modern businesses could not function as effectively or efficiently without technology. Even the ability to accept credit or debit card payments at retail stores requires a complex system of bank exchanges and telecommunications in order to operate smoothly and reliably.

One of the main advantages of information technology is the ability for companies throughout many different industries to advertise their products and services via the Internet. Almost every website contains advertisements surrounding the site’s primary content. Often these sites feature links from which, with a single click of their mouse, people can find information about the company whose ad they have clicked on. By making information so easily accessible, advertisers may benefit from a much larger volume of traffic to their own sites and thus greatly increase the chances of someone taking advantage of their goods or services. Companies are able to communicate with or reach out to people all over the world, thereby increasing exposure to their ads without having to pay an exorbitant amount of additional advertising costs.

The developments of laptop computers and cellular phones have allowed anyone to work from anywhere. As technology enables us to make powerful computers smaller, we become free to travel or even exercise while still monitoring our businesses. People now have much greater opportunities to work from home, allowing daycare costs to be eliminated. Travel, once unfortunate but unavoidable interruption to the flow of work, now affords business professionals with an opportunity to catch up on aspects of their business while on an airplane or commuter train. Information can now be sent or received from practically anywhere and at remarkable speed.  Whereas once every company had to maintain enormous stockpiles of paper documents, technology has enables the modern business to minimize the amount of files they have in warehouse. Compact discs and hard drives are capable of storing large amounts of data and occupy very little physical space. A stack of compact discs a few inches high can now easily replace rows of filing cabinets.

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Promotion for total 100 % free seems like a difficult thing when observed. But there are several ways by which the cost of selling can be maintained, with the help of effectual thinking and creativity.

An organization seeking to do some promotion will need to create content related to their abilities that can be released to press or audience having interest in that particular offers. The promotion article can have information about the organization and store opportunity.

Due to the development of Web customers and websites, new websites have hopped up which provide services. Articles can be released for these websites and they will announce it for 100% free, which will be regarded by thousands of individuals’ daily.

Once the organization has acquired some recognition, within no time they will gain distinction  among the crowd. This recognition will lead the company being accepted on tv or radio live inspiring interviews and interactive sessions. Such kind of opportunity should not be missed as they provide a chance for 100% free marketing. If it is taking a while to get a break, producer can be settled with a mail that can be followed up by a call or in-person examine out. During the examining out, the characteristics of abilities can be described about the organization, which will be of interest to the viewers of the particular path. Once an entrepreneur benefits the place of being public-friendly, more offers start coming in.

Free forum in the group, like in stores, selections, and elegance studios, are another great idea. Promotion circulars can be released on such forums for 100% free. Circulars for bulk submission can be approved out at the retail center, buying retail center, bus stops, particularly on Saturdays and Sundays when there is a big rush. Learners can apply on part-time foundation for this purpose.

Promotional marketing can be printed on the envelopes used by the business firms. Both the sender and the receiver can view this marketing.  Promotional offers can be sent to customers by postcards, which should be utilized to its full, leaving only place left for writing the address.

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Free offers can be offered to the client. This can be done by emailing or publishing book about information regarding the topic of the focused customers and can be popular by using tag collections.  Attach a free coupon with it, which the customers can use it for shopping, if a criterion is met like minimum purchase of $40. By this the response will be huge and most of them will buy something or the other to obtain the product. The primary element for promotion for 100% free is creativity and research. Opportunities should be researched and a powerful working power should be used to increase the income.

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