Does It Really Matter? Essay

Before deciding on whether or not to engage in e-Commerce, a business must look at several factors in order to determine if they are ready and able to do everything needed in order to make it successful. Companies should initially perform a SWOT analysis in order to determine if selling products online would be beneficial to the overall company. They also need to make sure they understand they will be dealing with customers all over the world and are willing to take on the work involved to know all of the legalities involved. Taking a business online opens up a world of opportunities but also presents new challenges and difficulties. A company has to be able to spend the time and money in order to do the necessary research so

The mini-case starts with “IT is a pain in the neck,” which is a wrong notion that most of the business managers have in an organization. The history of IT-business relationships in most of the organizations shows that there is a huge gap between both sides which is getting better over a period of time. Today, managers know the fact that it is the people, technology and information that realizes the value of a company and everytime IT cannot be blamed for everything. The days have gone when IT was looked at as the sole responsibility for a company’s growth or downfall. IT processes along with the

Included with this full-text Harvard Business Review article: 1 Article Summary The Idea in Brief—the core idea The Idea in Practice—putting the idea to work 2 Six IT Decisions Your IT People Shouldn’t Make 10 Further Reading A list of related materials, with annotations to guide further exploration of the article’s ideas and applications

Information Technology (IT) is a foundation for conducting business today. It plays a critical role in increasing productivity of firms and entire nation. It is proven that firms who invested in IT have experienced continued growth in productivity and efficiency. Many companies' survival and even existence without use of IT is unimaginable. IT has become the largest component of capital investment for companies in the United States and many other countries.

In 1991, the internet became available for commercial use, which introduced the possibility for what we now know as electronic commerce, or e-commerce. By 2000, “a great number of business companies in the United States and Western Europe represented their services in the World Wide Web” and it was at this time that the e-commerce that we utilize in today’s business world took shape (e-commerce Land, n.d.). “People began to define the term ecommerce as the process of purchasing of available goods and services over the Internet using secure connections and electronic payment services” (e-commerce Land, n.d.). Through continued growth of the internet, brick and mortar stores came to realize that electronic representation would be an

This study will prove that e-commerce has grown because it adds value to people’s lives. It will show that e-commerce will not disappear but evolve into something even greater than what it is right now.

Computer technology will continue to flourish throughout the passage of time. Technology has changed the way we conduct and transact business. As a result to these technological advances businesses were required to adjust and adapt through the means of Computer Information Systems (CIS) to survive in the modern business world. The workplace has changed significantly over the last half-century due to CIS. CIS has an effect over the business world, impacting how companies develop and market their products, in conjunction with how people communicate and accomplish their jobs more efficiently and successfully. The CIS field has grown drastically over the years. The employment in CIS is projected to grow 22 percent from 2010 to 2020, according to The Bureau of Labor Statistics. In 2020 there should be over 664,800 jobs open in the IS and CIS field (Thibodeau). Computer information systems has revolutionized business by increasing a companies’ functionality, improving data collection and lastly by ‘flattening’ the world.

When you are talking about IT management, there are a wide range of topics. IT can be the computers, software, network, data, marketing, and many more to list. IT has become a huge part of business management with the growth of the field. Using IT not only can help with the benefits of the company, but also with the expansion of a company. It is very important for higher levels of a company to be on board and ready to intertwine IT with the business model and strategic planning. These days without IT, business would be a huge challenge to become successful and compete in the area of projection.

E-commerce has indeed revolutionized the world, and some of its benefits include access 24-hour operations, providing access to a global market, the removal of the middleman, provides a level playing field, reduces marketing costs,

Today’s internet offers a virtual world of opportunity and while venture capitalists are more prudent about offering funding for dotcom businesses, driven entrepreneurs with good ideas are still devising ways to build solid businesses that harness the power of the internet. Amazon.com is one such e-business. It reaches millions of people worldwide and by utilizing smart business practices; Amazon.com staked its claim to a piece of cyberspace and became a billion-dollar business. Its success can be attributed to being an e-business that is innovative, smart, and quick to react to the changing consumer interests.

Is it smart for companies to invest heavily in information technology (IT)? Numerous studies indicate that excessive IT spending will usually reduce company profits and slow productivity. According to an article in the MIT Sloan Management Review, “Avoiding the Alignment Trap in Information Technology,” IT can become a huge bottleneck to growth in companies if they focus on the wrong remedies for their IT problems (Shpilberg, Berez, Puryear, & Shah, 2007). The article first focuses on Charles Schwab and its IT struggles during the early 2000’s. Then, it presents a study on 504 companies, and IT’s effect on their revenue growth. Lastly, it covers the steps to ensure success in IT’s effectiveness.

There are several websites blogs that do not agree while others do. John Stuckey, the Director of University Computing at Washington and Lee University, Lexington, agrees with Carr’s comments, while VA Hal R., professor of business, economics, and information management at the University of California, Berkeley says, “In my view, companies cannot afford to ignore information technology, or relegate it to the back burner. Commoditizing it does not necessarily mean innovation slows. If anything, it could accelerate as more and more innovators experiment and tinker with those cheap, ubiquitous information technology commodities”; obviously he does not agree with Carr. The point is that there are many blogs with comments in the Internet that side with Carr and others that do not and the two authors mentioned above are for illustration purposes only.. The third caveat is that Carr wrote his article back in 2003 before the full development of cloud computing, social media, and the smart phone; although, at one point, he quotes as if out of hindsight, “And as for IT-spurred industry transformations, most of the ones that are going to happen have likely already happened or are in the process of happening”, and “ While no one can say precisely when the build-out of an infrastructural technology has concluded, there are many signs that the IT build-out is much closer to its end than its beginning.” From his expertise in the field, it

There are tons of professional website developers out there that can satisfy every need of even the most demanding requirement and the cost of doing so is not that high. The second is that by tapping into the online market, the company using this technology can reach a greater audience, which would eventually lead to a higher profit. The third fact is that with every other similar business also rushing into this market, the one who do not would be set at a great disadvantage since it will lose its market share quickly.

Information Technology Used In Business Do information technologies (IT) such as the laptop computer, and palm pilot really have an effect on the productivity and customer care in the workplace? Or do these technologies, which can be costly and not easily up- graded, hinder business practices? These questions have all been asked as the business world enters the information age.

Today, consumers steadily use multiple devices for online shopping and mobile transactions rise steeply. The e-commerce market has transformed the way businesses are managed, conducted and executed, locally or globally. Earlier with the Internet, success in retail was said to be depending on location. But at present, the Internet is said to be a global marketplace, and have come up with even the tiniest retailer a national - if not a global existence. The span of the e-commerce marketplace is tough to measure. The e-commerce market has become such a dynamic part of the economy that is hard to identify precisely where e-commerce commences and the old world economy ends.