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Role of Information Technology in the Business Sector Coursework

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Nikoloski, K. (2014). The role of information technology in the business sector. International Journal of Science and Research, 3(12), 303-309.

The article written by Nikoloski (2014) discusses the influences of information technology (IT) on different types of businesses. In this way, it perfectly meets the topic “Emphasize technology in business,” and is worth discussing. In his work, the author reveals the way IT can provide companies with an opportunity to reach competitive advantage and manage positive business relationships. This theme is significant nowadays because it deals with the advantages of technological development that is rather rapid currently and has an influence on all spheres of human life.

Nikoloski (2014) defines IT as “any technology used to create, process and disseminate information that is critical to business performance” (p. 303). He believes that it makes it possible to improve the processing of information so that organizations become able to develop those products that make them profitable. Moreover, IT is beneficial for all types of businesses, regardless of their size and focus. Affecting business efficiency, it allows reducing expenses, improving the quality of provided goods and services. Moreover, IT leads to the creation of innovative products that develop new business opportunities and make businesses reach new markets.

The exchange of information improves greatly due to the use of IT. Employees became able to share significant data even without meeting personally. In addition to that, an opportunity to obtain clients’ feedback and to find out their preferences is obtained. IT should be connected to business goals and mission for it to promote growth. However, the process of implementation may be associated with numerous challenges that deal with the employees’ unwillingness to adapt to changes and lack of knowledge and skills. Ensuring that IT is simple, professionals can develop successful re-engineering business processes that include the identification of slacking activities and associated issues and understanding of technology capabilities.

Finally, IT allows companies to reach competitive advantage, as alters the structure of the industry, provides new ways to outperform competitors and spawns new business. To meet these goals, organizations should create value chains that reveal how IT can be used to benefit them. To reach competitive advantage, companies should focus on the opportunity to alter their relationships with revivals, customers, and suppliers. As IT affects business offerings, it can also influence relationships with stakeholders.

In this way, the author concludes that IT is powerful enough to affect the successfulness of business and its competitiveness. Even though it requires investment, IT ensures reduction of expenses and affects employees, processes, and innovation. It is also vital to ensure that IT is aligned with the overall business goals for the maximization of its advantages.

The article developed by Nikoloski (2014) discusses the ways IT can affect different types of organizations. The author mainly focuses on the opportunities that are provided by this technology and the ways it should be implemented. However, it would be advantageous if he paid more attention to challenges that can be faced during this process. For instance, Ahmad (2014) pays much attention to the humanitarian aspect. The professional emphasizes that some employees may be unwilling to accept changes and to adapt to new practices, so it is significant to ensure that they realize why the implementation of IT is needed and how it can benefit them. Regardless of this drawback, Nikoloski’s (2014) article provides trustworthy information. This fact can be proved, as Berisha-Shaqiri (2015) also identifies numerous advantages of IT for competitiveness and successfulness. Thus, it can be concluded that the information revealed in the discussed article can be used in practice.

References

Ahmad, S. (2014). Technology in organizations. IMPACT: International Journal of Research in Business Management, 2(7), 73-80.

Berisha-Shaqiri, A. (2015). Impact of information technology and internet in businesses. Academic Journal of Business, Administration, Law and Social Sciences, 1(1), 73-79.

Nikoloski, K. (2014). The role of information technology in the business sector. International Journal of Science and Research, 3(12), 303-309.

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IvyPanda. "Role of Information Technology in the Business Sector." June 5, 2022. https://ivypanda.com/essays/role-of-information-technology-in-the-business-sector/.

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IvyPanda. 2022. "Role of Information Technology in the Business Sector." June 5, 2022. https://ivypanda.com/essays/role-of-information-technology-in-the-business-sector/.

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IvyPanda. (2022) 'Role of Information Technology in the Business Sector'. 5 June.

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