Abstract

The objective of business is to produce products and services for profit. Information technology describes any technology used to create process and share information that is vital to the performance of a business. Information technology is important to the business sector as a management tool to optimize the processing of information in the bid to produce goods and services for profit. Irrespective the size of a business enterprise, technology has both tangible and intangible benefits that will aid in enhancing profitability and produce results according to customer’s demand. Technological infrastructure affects the culture, efficiency and relationships of a business. It also affects the security of confidential information and trade advantages. The information revolution is sweeping through economy. Its effects are palpable through drastic reductions in the cost of obtaining, processing, and transmitting information is changing the way we do business.
 The access and use of technology would serve as a tool in this proposal in the use of technology to aid banking and online transactions, with an aim of efficiency in service, and effectiveness in meeting the demands of the public.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.