ICT in the business environment

ICT in the business environment

Impact of ICT on Business Operations

  • ICT enables real-time communication ensuring swift business processes.
  • It aids in the efficient management of resources through inventory control systems.
  • The use of e-commerce strategies expands the market reach of businesses globally.
  • ICT aids in cost reduction through automation and electronic communication channels.
  • Businesses utilise Customer Relationship Management (CRM) systems to improve customer service.

ICT Systems and Applications

  • Enterprise Resource Planning (ERP) systems integrate different business functions into one complete system.
  • Electronic Point of Sale (EPOS) systems help record sales and manage inventory.
  • Desktop Publishing (DTP) software helps create professional designs for business advertisements and brochures.
  • Web-based applications such as email services, video conferencing, and file sharing platforms improve organisational communication.

Digital Communication in Business Environment

  • Email is a primary communication tool used in businesses for internal and external communication.
  • Businesses use video conferencing to conduct virtual meetings or interviews.
  • Social media platforms are used for product promotion and customer engagement.
  • Through virtual private networks (VPNs), businesses ensure secure access to their network.

Managing ICT Risks in Business

  • Regular software updates are critical to fortify systems against potential vulnerabilities.
  • Businesses should implement data backup and recovery strategies to safeguard important data.
  • The use of firewalls and antivirus software helps protect against unauthorised access and malicious software.
  • Businesses should ensure password management policies and practices are enforced.
  • Physical security measures such as CCTVs and hardware locks protect against theft or damage.
  • Regular ICT risk assessments help identify vulnerabilities and plan for contingencies.
  • Data Protection Act mandates that businesses maintain confidentiality and security of personal data.
  • Copyright Law protects creation of original work from being copied without permission.
  • The Computer Misuse Act governs unauthorised access and use of computer material.
  • Companies must consider the environmental impact of ICT usage and aim for energy efficient practices such as virtual meetings to reduce carbon footprint.