1. Explain how information technology drives today’s business processes. 2. IT s
ID: 3741375 • Letter: 1
Question
1. Explain how information technology drives today’s business processes.
2. IT security can be defined as maintaining confidentiality, integrity and availability for information assests used in business operations. Explain Confidentiality, Integrity and Availability. In your opinion, which one(s) is/are important for business?
3. Why does an IT auditor should possess fundamentals of finance, accounting and other management functions?
4. Describe three risks associated with logging in to a company’s ERP system using username/password.
Explanation / Answer
Answer 1:
Information technology drives innovation and innovation is the way to business achievement. Innovation in business has a similar effect that steam had on the mechanical upset.
Actually, it's difficult to envision any business that has not profited from the digital unrest. Notwithstanding something as active as agribusiness utilizes computers. Agriculturists utilize computers for creation records, monetary arranging, investigate on specialized issues, and acquirement.
These days the equation for business achievement is basic: drive innovation with information technology. In this way, the primary thing new companies in any industry endeavor to make sense of is the manner by which to settle on keen IT enrolling decisions. Without a spine of information technology, a business wouldn't go far.
The Love Affair with Innovation
We jump at the chance to envision that mankind has dependably been creative. In any case, innovation was a gradual issue for the greater part of the twentieth century. It was crafted by singular virtuoso or research organizations. Generally, splendid individuals enhanced and people in general gradually received the thought. The standard relationship with innovation started with the creation of the PC. It achieved force with the introduction of the Internet.
In the 1980s, innovation was a bit much for business achievement. A business could do well simply sending a demonstrated business show. Effectiveness was not a prime order.
Following convention was a sensible method to remain in business. A store proprietor, for instance, was content with utilizing a money enroll like the one developed by James Ritty in 1879 to keep his representatives from appropriating his cantina benefits in Dayton, Ohio.
This changed on 6 August 1991, a little-recalled date, when the World Wide Web went live to the world. There was not really a specify of it in any daily paper on the planet. The vast majority around globe had no clue that the Internet existed. In spite of the fact that Tim Berners-Lee's development changed the world as we probably am aware it, it was just toward the finish of the decade that the Internet ended up famous.
The Rise of Innovation
The ascent of innovation can be followed to humankind getting more quick witted. As indicated by the Flynn Effect, general IQ has started to ascend since the 1930s. The normal IQ has ascended from 80 focuses to 100 focuses.
While innovations in movement and multimedia enhanced aggregate knowledge, these were basically aloof types of learning. Today, PC applications and the worldwide cerebrum have exchanged on dynamic learning and enhanced how quick individuals learn new things.
Innovation in Business
Information technology cultivates innovation in business. Innovation brings about more quick witted applications, enhanced data stockpiling, quicker processing, and more extensive information conveyance. Innovation influences businesses to run all the more proficiently. Also, innovation builds esteem, upgrades quality, and lifts efficiency.
Innovation through information technology has made the accompanying radical changes in business:
Businesses that have grasped the innovation worldview have a tendency to have the accompanying qualities:
· They have more viable advertising
They have higher worldwide deals
· They have more deliberate administration
They utilize ongoing checking
They offer moment client bolster
Indeed, it's difficult to thing of long haul business development without the push of information technology.
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