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What is the role of ICT?

To improve the efficiency and effectiveness of business processes

 

How?:

  • Improving the accuracy of decision making which saves time and resources

  • Improves efficiency of resources allocation – the systems generate reports that would allow you to make the decisions

  • Reducing administrative costs – This could be done because

  • Automating tasks that used to be done by people

  • Increasing the market share - Websites allow you to open arts of the nmmarket to the world

  • Reducing wastage – Tracking goods prevent loss

  • Reducing wages – For example transferring admin abroad e.g. In India

ICT Supporting the Activities of Organisations

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