-saves a lot of money (such as having an online site compared to a physical store, this greatly reduces money needed to be invested in capital assets as well as expenses that go along with it such as wages, utilities, rent etc.)
-made systems more efficient
-more space
-many people have knowledge of info tech nowadays
-easy accessibility to information or company history
-saves more time (sometimes business can be run at home, or at a more convenient location)
-people can hold meetings online across the world (such as through webcam and microphone instead of actually travelling which is time and cost consuming)
-long distance phone calls can be made online for free
on the other hand
-might make things more complicated
-forces the workforce to have info tech knowledge as an asset
-technical difficulties (viruses, breakdowns)
-oftenly needs updates or replacements
2007-07-06 14:23:24
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answer #1
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answered by Anonymous
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1. Documents shared in minutes or even seconds (facsimile or electronically)
2. Supposedly less paper use since filing is now on a hard drive.
3. Networked offices, information sharing, increased productivity.
4. Desktop publishing/software programs - stops a lot of outsourcing and expense.
Here are four and, to tell you the truth, it looks good on paper but it couldn't be further from the truth. Ha!
Good Luck!
2007-07-06 21:26:50
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answer #2
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answered by Pryva D 3
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Paper.
Imagine the difference paper (papyrus for the Egyptians) made. It finally allowed accounting, history and record keeping. Computers are the greatest revolution to the science of record keeping since the invention of paper.
2007-07-06 21:24:19
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answer #3
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answered by Dan S 7
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Employees are the greatest expense a company faces and the global IT infrastructure has made it possible to outsource many high-paying jobs to India where people can be paid much less, as well as automate common tasks which can further reduce the workforce.
2007-07-06 21:24:59
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answer #4
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answered by Anonymous
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with the invent of the computer and internet, online purchasing increases business sales, and provides a way to sell a product to anyone in the world...
2007-07-06 21:26:15
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answer #5
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answered by Kelly 6
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communication is faster making decisions quicker and the speed of doing business continues to grow
business can be done quickly on a global scale
business records can be updated quickly giving the business owner a more real time view of the business
2007-07-06 21:29:34
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answer #6
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answered by Tim M 2
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-Allowed businesses to be run from home sometimes
-Gave ease of access to resources needed
-Made work time lessen at least by 60%
-Made businesses more available to consumer's comments
-Many businesses are almost soley run by computers
-Inter-business communication overall is faster and more efficient
2007-07-06 21:26:27
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answer #7
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answered by ASV MEX 3
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Nope
2007-07-06 21:23:03
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answer #8
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answered by kevrigger 5
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businesses can trade from anywhere in the world within a matter of seconds.
2007-07-06 21:23:30
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answer #9
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answered by Anonymous
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well you used to have to use pencil and paper to wright all ur work now you just type it in on the computer.
2007-07-06 21:24:32
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answer #10
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answered by Meggie-Boo 2
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