Saturday, 27 August 2016

How ICT can help small enterprise ???

Small bussiness in internet ??




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 IN this week, I will write a little more on the use of ICT should become the core of internet-based business.  Small business is same as a big business. The only difference would be that suing ICT will enable the small businesses to streamline and become more efficient in order to compete with bigger businesses. First and foremost, It is very easy to store data, and important things can be saved in many places other than just your computer, for example; external hard drives, pendrive, hard disk and many more .Using ICT also means there is unlimited amount of space available to you. For that reason, many organisations become much more easier and better when using a PC.  As we all know, most companies already use the software, the computer and the Internet to expand their business from local market to global and national markets. With the advent of e-commerce (or so-called e-commerce), a company or individual can conduct transactions anywhere in the world. E-commerce is now widely used, especially in the western countries even recognised by international companies and market experts as a business and marketing sector that can not be ignored. Among the advantages of e-commerce and the Internet are:

1. The sale and purchase can be carried out more easily and quickly while saving costs. It helps the company to expand its market to all corners of the world economy in the world by making it into a system that is interdependent with each other.

2. Technological advances in the last few decades has greatly increased the competitiveness of businesses and economies worldwide. It helps integrate all the internal parts of a company with business transactions to improve service quality and productivity.

3. The use of ICT in business can also help to deliver business information to interested parties such as customers quickly in a short time traders can make promotion to advertise their products through the Internet, SMS, email and various other medium to disseminate information more quickly , efficient and accurate.



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Here are some of the advantages of information technology to small enterprise include: 

  • Globalisation - IT has not only brought the world closer together, but it has allowed the world's economy to become a single interdependent system. This means that we can not only share information quickly and efficiently, but we can also bring down barriers of linguistic and geographic boundaries.  Moreover, the world has developed into a global village due to the help of information technology allowing countries, just like Chile and Japan who are not only separated by distance but also by language to shares ideas and information with each other. 

  • Communication - With the help of information technology, communication has also become cheaper, quicker, and more efficient.So, company can now communicate with their customers around the globe by simply text messaging them or sending them an email for an almost instantaneous response. The internet has also opened up face to face direct communication from different parts of the world thanks to the helps of video conferencing. 

  • Cost effectiveness - Information technology has helped to computerised the business process thus streamlining businesses to make them extremely cost effective money making machines. This in turn increases productivity which ultimately gives rise to profits that means better pay and less strenuous working conditions.The sale and purchase can be carried out more easily and quickly while saving costs. It helps the company to expand its market to all corners of the world economy in the world by making it into a system that is interdependent with each other .


  • More time - IT has made it possible for businesses to be open 24 x7 all over the globe. This means that a business can be open anytime anywhere, making purchases from different countries easier and more convenient. It also means that you can have your goods delivered right to your doorstep with having to move a single muscle.








                                               
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