Use of computers and networks in business

Name

Professor

Subject

Date

The Use of Computers and Networks in Business

IT in Business

Information Technology has progressively revolutionized business in the modern world . With the use of computers and networks , business transactions and practices have become a lot easier , thus ensuring creativity , productivity and more profits . IT continues to offer a lot of opportunities to people and businesses nowadays , as one can shop transact , swap , sell , and advertise products and services through the use of computers and networks . Unlike fifty years ago when the word

`Internet ' was still an alien word , most businesses today have ventured into IT hoping to widen their market base , to diversify their products to extend their product line , and to attract more potential costumers Because of the Internet , the business world is now without bs Possibilities and opportunities continue to grow and evolve , as businesses and people continue to innovate

Generally , there are four phases involved in business . These phases are start-up , growth or development , expansion , and maturation . Each of these phases - so to guarantee the success and continuity of the business - requires a lot of attention , resources , money , and improved soft skills . With the use of computers and networks , people in a business organization become more productive and creating , contributing more profits and returns to the business . In this age of globalization better soft skills play a very importrant role in ensuring the four phases of business through the use of Information Technology

The reason why computers and networks are indispensable in...