Business Technology and The Environment
Business Technology and The Environment
TECHNOLOGY
AND THE
ENVIRONMENT
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Business technology refers to the
CONCEPT OF applications of science, data,
engineering and information for
BUSINESS business purposes, such as the
TECHNOLOGY achievement of economic and
organizational goals.
USING TECHNOLOGY
IN BUSINESS
MANAGEMENT INFORMATION
SYSTEM (MIS) TYPES OF MIS
This is a system, manual or Transaction processing system
computerized designed to collect,
Decision support system
sort and analyse data to provide
information to enhance decision Office automation system
making. It is used to generate
Executive support system
reports on areas such as employee
absences and overtime, cash flow, Human resource information system
sales and profitability.
Marketing information system
E-COMMERCE E-BUSINESS
Contains the e-commerce process
but also involves business processes
Focuses on the outward process Focuses on cost savings and
that impact external stakeholders
efficiency on business processes.
ADVANTAGES DISADVANTAGES
Increase productive capacity in Increased unemployment
shorter cycle time High initial investment costs
Reduce labour cost High maintenance costs over time
Reduction in defects on production Prone to technical disruptions
line
Can only be employed for large
Minimal need for supervisors
output and standardised production
Increase access to tertiary services Machines can become obsolete and
subject to depreciation
LEAN Lean production describes production
processes designed to eliminate wastage
PRODUCTION through the most efficient employment of
technology and labour to meet customer
AND requirements.
EFFICIENCY
Computer Aided Design (CAD) - this
uses computer software to design
products which can be configured to
meet customer specifications
WAYS TO
ACHIEVE Computer-aided manufacture (CAM) –
LEAN this is used in the manufacturing
sector in mass or flow production and
may involve the use of robotics.
PRODUCTIO
N
Computer-aided instruction (CAI) –
this is software application designed
to instruct users on procedures and
methods.
Privacy and data security issues
Intellectual property rights may be
CONSEQUENCE infringed