Ibrahim Mohamed
ID: 00006574
Assignment of Information Technology
Submitted to:
Teacher name here
Submitted by:
Name: Ibrahim Mohamed
Student ID: 00006574
Topic:
Importance of Information Technology in Small Business Environment
MI COLLEGE MALDIVES
Ibrahim Mohamed
ID: 00006574
Table of Contents
Importance of Information Technology in Small Business Environment ................................ 1
A. Speed ................................................................................................................................................. 2
B. Accuracy ........................................................................................................................................... 2
C. Time .................................................................................................................................................. 2
D. Marketing .......................................................................................................................................... 3
E. Integration ......................................................................................................................................... 3
F. Multitasking ...................................................................................................................................... 4
G. Networking ........................................................................................................................................ 4
H. Security ............................................................................................................................................. 5
References ............................................................................................................................ 6
Ibrahim Mohamed
ID: 00006574
Information Technology
Information technology is defined as the utilization of PCs and Internet to store, recover, transmit,
and control information, or data. Information technology is the utilization of PCs and programming
to oversee data. It refers to anything related to computing technology, such as networking,
hardware, software, the Internet, or the people that involve with these technologies.
Importance of Information Technology in Small Business Environment
IT is a key piece of each business, from small business kept running by a solitary individual to
enormous global partnerships. PC innovation is utilized over the business world in each division
and has turned out to be indispensable to business activities in the cutting-edge world. Without
Information Technology and framework support, business essentially stops! In the event that the
web or telephone administration goes down in an office, nothing can complete – HR, account,
activities, interchanges, deals, and every other office rely upon utilitarian PC and data frameworks
to finish their work. Furthermore, IT and Information Services (or IS) secure the respectability of
information and keep it shielded from the wide assortment of dangers in the realm of innovation.
(Ingram, 2018)
Use of IT for management, Production and Sales in the Small Business
1
Ibrahim Mohamed
ID: 00006574
Information Technology helps through:
A. Speed
Small business companies need to wring each ounce of efficiency out of their activities and
advanced technology tools help workers accomplish work rapidly. This may run from printing out
marketing materials to giving client administration through email or online talk. The key is to keep
representatives centered when utilizing technology and to utilize it suitably with the objective of
sparing time. Sometime, a telephone call might be more proficient and gainful than an email.
Information technology furnish representatives with the correct equipment and refreshed
programming to keep them working at pinnacle capability. (Essays, 2013)
B. Accuracy
Small business communities in an association of information technology can achieve a lot of
vulnerability. Present day spreadsheets like Excel, with its several computational formulas, help
guarantee exactness. Bookkeeping projects enable you to precisely keep stock, make and record
deals, oversee and pay bills, and handle finance. Presently, information can be consistently kept
up in a product program and keep point by point records without blunders. (Kokemuller, 2019)
C. Time
Organizations these days depend on numerous instruments to defeat difficulties of executing on
methodology consistently. It empowers administrators to all the more effectively track advance
during each period of objective fulfillment and offer prompt fortification or instructing to keep
execution and due dates on track. It used to be that business owners gone through hours entering
accounting data, counting diary passages and physically making business reports. Today,
accounting frameworks automate the majority of the procedures, lessening the time spent on
keeping accounts current. Business owners can immediately perceive how they are performing
contrasted with earlier years, find who their most productive clients are and distinguish issues
before they become unconquerable. (Bannister F. a., 2009)
2
Ibrahim Mohamed
ID: 00006574
D. Marketing
Information technology has liberated small business from the confinements of prints promotions
with regards to arriving at new and existing clients. Internet marketing ranges from a basic
informational site, to publicizing on web engines, to online item deals. Email advertising is a
successful and minimal effort strategy to arrive at a huge gathering of individuals with a pamphlet,
coupons or business refreshes. Mobile marketing is a generally new borderline that contacts
individuals through content informing, publicizing on portable applications and offering marked
applications that tie clients into what's going on with the business in a fun and engaging way.
(Solution, 2018)
E. Integration
Integration is a technique whose objective is to synchronize data innovation (IT) and business
societies and targets and adjust innovation to business system and objectives. Integration is an
impression of how IT is being consumed as an element of business. Due to integration of
information technology in business companies use to align the use of their technology assets with
their business to meet a shared goal or outcome. The unification of innovation and business
objectives enables organizations to work easily as they push ahead and adjust. For small business
seeking for integration, an ERP (Enterprise Resource Planning) framework, or undertaking asset
the executive’s framework, is a fantastic decision. This is on the grounds that ERP frameworks are
explicitly intended to join business technology devices and capacities together so they can without
much of a stretch be gotten to through a solitary framework. This takes into account simple access
to data and gives organizations the adaptability and opportunity to develop. (Lindh, 2006)
Here are different benefits of Integration of IT in small business:
Expanded Transparency and Information Sharing: When different divisions have
prompt access to data, archives, or records that they need, it increases reaction time and
boost office effectiveness.
Information Accuracy: With programming that precisely stores all data in an effectively
available spot, integration in technology tools kills blunders and tedious manual
procedures.
3
Ibrahim Mohamed
ID: 00006574
Continuous Data Access: Rather than accessing basic information tomorrow, one week
from now, or even one month from now, you can see everything in one spot when you need
it.
Mechanization: By incorporating integration with the remainder of business stages the
requirement for repetitive and manual information passage wipe out easily. (Lindh, 2006)
F. Multitasking
Information technology has turned into the best performing multiple tasks empowering influence.
Moment access to data and types of correspondence empowers business to rapidly change starting
with one assignment then onto the next. In business environment information technology enables
employers of organization to switch between different tasks. In the realm of venture groups and
performing multiple tasks, experts frequently discover connections obscuring with regards to the
contrast between exercises inside and outside the association. The multitasking abilities of both
individuals and teams are important as companies stay connected with customers, suppliers, and
partners, and as new products and services are continually developed due to information
technology. Performing various tasks is turning into the standard as the measure of data an
administrator or expert feels the person in question needs to process increments at a stunning rate.
Technological developments are emphasizing the trend towards multitasking in business
environment, for example, to receive and reply to e-mail messages while attending an awards
banquet or student concert. (Bannister F. a., 2009)
G. Networking
Information technology in business made it conceivable to have a more extensive reach in the
worldwide market. The essential model is the Internet, which is presently a typical advertising
apparatus to draw in more purchasers in profiting items and administrations offered by different
organizations. Information technology creates a global network even in small business. In small
business information technology connects different departments of business and thus contribute to
overall growth of the company. The decisions are made on faster pace and improves business
strategies because of strength of information technology. The proficiency of all departments
connected together improved by manifolds ensuring more noteworthy profitability of
representatives and the organization all in all. Information technology networking is the need of
current time and in the event that the business is truly flourishing one, at that point it is imperative
4
Ibrahim Mohamed
ID: 00006574
to consolidate this incredibly valuable procedure in small business organization. Setting up
network in small organization enables to share data over all departments of the company. The
network in business isn't restricted to a small area. In the event that there are different structures
in a building, a grounds network can be set up to associate representatives and assets in each
structure. Small business can enhance their business globally using different methodologies in
information technology. (Solution, 2018)
H. Security
Anyway, for each business opportunity that information technology opens up, the open door for
issues likewise increments. As the world has turned out to be increasingly more digitized, late
years has seen an enormous blast in the measure of online-based wrongdoing, as programmers
focus on those, they know don't completely see how to secure themselves. A year ago, inside
England and Wales alone such a pattern was made exceptionally clear, as 1 of every 10 individuals
were apparently the victim of some type of cybercrime. Most organizations of the modern era are
liable to security dangers and vandalism. Information technology can be utilized to ensure money
related information, classified official choices and other restrictive data that prompts upper hands.
Basically, information technology enables organizations to ward off their thoughts from their
opposition. By having PCs with passwords, a business can guarantee none of its prospective
ventures will be duplicated by the competition. Small business specifically is viewed as delicious
focuses as in principle they have more cash than an arbitrary individual, however won't have the
assets to mount a successful safeguard. More than some other region, this is in this way something
to put resources into, and various anti-virus bundles can be needed to safeguard business.
Information management is basic to any business that must store and defend touchy data, (for
example, monetary information) for extensive stretches of time. IT manages organizations the
capacity to store, offer, and reinforcement records for later use, just as shielding data from
unapproved people. Accordingly, IT gives organizations the true serenity that the data they gather
and break down can be appropriately put away and shielded for some time later. So, information
technology helps greatly to secure the business. (Neil, 2019)
5
Ibrahim Mohamed
ID: 00006574
References
1. Bannister, F. and Remenyi, D. (2009), Multitasking: The Uncertain Impact of
Technology on Knowledge Workers and Managers. The Electronic Journal Information
Systems Evaluation. Retrieved from www.ejise.com
2. Cecilia Lindh (2006), Business Relationship and Integration of Information Technology.
Available at: https://www.bartleby.com/Integrating-Information-Technolog-in-Business-
Operation.
3. David Ingram (2018), Impact of Emerging Technology on Business and Society,
Business Knowledge Journal. Available at: https://smallbusiness.chron.com/impact-
information-technology-small-business
4. Essays, UK. (2013). Role of Information Technology in Business Information
Technology Essay.
5. Kokemuller, Neil. (2019) Why Is Technology Important in Business? Business Article.
Availabale at: bizfluent.com, https://bizfluent.com/about-6320228-technology-important-
business-.html.
6. Mobio Solution (2018), Importance of technology in Business, Technological Business
Article. Available at: https://mobiosolutions.com/importance-technology-small-businesses
7. Neil Kokemuller (2019), Small Business Development center, Why information
technology important in Business. Available at: https://bizfluent.com/about-6320228-
technology-important-business-.html.
8. Mobio Solution (2018), Importance of technology in Business. Available at:
https://mobiosolutions.com/importance-technology-small-businesses
