An Overview of Information Technology and Its Application in Business, Revised Edition

The text, has been written in lucid language with logical sequence to help the students grasp the topics with confidence.

Information, in essence, is knowledge communicated to the recipient. Systems need information pertinent to carrying out their objectives more effectively. The Process of fulfilling this need by itself calls for the establishment of an information system. It comprises of such activities as the collection of relevant data followed by appropriate manipulation of the same and ending with the production of meaningful reports. Thus information technology is hardly isolated from the communication technology. Information technology nowadays is gaining much importance and popularity over conventional systems due to its continuous advancement and economy of scale coupled with easy availability. Managing an industry is almost as good as managing the information for control and decision making and one can manage such information with the help of technology.

Therefore, information technology is a dynamic subject. New approaches, new standards and new practices are being evolved keeping pace with the development of technology and creating new demand for the progressive society. The entire world has become one environment and any new happening in any part of the world stirs the rest of the world instantly.


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