IT and Business Research Paper Example | Topics and Well Written Essays - 1250 words

IT and Business - Re face Paper ExampleNetworking especially using the web and the internet cannot be sidelined in the banking sector. A computerized control brass controls the activities of the bank. The term deposit department can check with the operations department, when the deposits of the customers goes up in order to guide them to put their money into term deposits to generate much interest on their money. The marketing and the operations department can be connected through the IT system as the marketing department can search for new customers and can ask the operations department to settle them accordingly. The credit department, through the IT technology, keeps in touch with the operations system before extending credit facilities to either customer. Thus culture technology systems help all the four departments to work together. Firms with high IT capability tend to outperform a control sample of firms on a variety of profit and cost-based performance measures (Bharadwaj 169). 3. List the four primary reasons for the growth of decisiveness-making entropy Systems Ans) The growth of decision making systems is high in banks. ... The decision making systems are very helpful in generating intelligence data, which is required for the managers in order to overcome competition in the industry. Generates decision model The intention of decision making information systems enhances the appropriate decision making in banks. The use of decision making systems guides the management in making intelligent decisions for the bank. trouble solver The use of decision making information system acts as a great problem solver in the banks. The decision making information system is helpful in generating solutions for the problems faced by the management. A strong database The decision making information systems acts as a strong database in which information can be viewed at a very short notice. The decision making systems helps banks in providing better services to c ustomers and increases their market among customers. 4. Regardless of the scale and orbit of your e-business Web site, what are the basic steps in the website development play? Ans) A website is a part of the banks system. A website development process involves a number of steps. Before starting the website development process, a careful analysis of the organizations requirements is need to be done. The main criterion in the website development process is how the establishment of the website will generate business for the firm. It should be analyzed what is the firms requirement. For example does the firm use the website to market its products or does it use it to maintain its resources or does it maintain the website in order to display its human resources online. Then the second step is building according to the specifications, such as the general layout, the site