Business Technology
Business Technology
TECHNOLOGY
THIS INVOLVES INCORPORATING A WIDE RANGE OF
HARDWARE, SOFTWARE AND OTHER INFORMATION
TECHNOLOGY FACILITIES TO ENHANCE THE FIRM’S
OPERATIONS.
► HARDWARE- The hardware of a company IT system includes the items that you
can readily see and touch. This includes the desktop and laptop computers,
monitors, keyboards, mice, webcam, printers, data storage devices and cell
phones
► SOFTWARE- This is the name of the programs that enable the hardware to do its
job . These are unseen but essential for the hardware to operate. It includes
system that allows the computer to store, retrieve, manipulate and transmit to
others.
► INTERNET-It is through the internet that the technology is put to work. It allows
business to use the technology to communicate to others, provide information
and even do online shopping.
COMPUTER HARWARE
COMPUTER SOFTWARE
INTERNET
TECHNOLOGY AND BANKING AND
COMMERCE
► AUTOMATIC TELLER MACHINES- This may be used for withdrawal, deposits and
currency transfers. It reduces the need for many tellers at the counter thus
causing unemployment. ATM can be found outside banks, supermarkets
ATM MACHINE
AUTOMATED BANKING MACHINE
► This not only allow customers to access cash but also facilitates
other banking services such as checking account balance and
depositing cash and cheques into their account or account of
others.
Automated banking machines
ONLINE BANKING
► Using the internet , individuals and businesses are now able to make
business transactions via the world wide web, without having to visit
a physical brick and mortar store. E-Commerce has given rise to
many online stores which permit customers to browse for products
and pay for them electronically
E-COMMERCE
TYPES OF TECHNOLOGY