How can your chosen business maintain and monitor IT

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Reference no: EM132310553

Assignment - Information Technology for Business Report: IT impact on business

Purpose of the assessment - Students are required to research on a real life business and the impact of IT on the chosen business.

1. Students will be able to evaluate and justify theoretical and practical knowledge of information technology in a business context.

2. Students will be able to analyse information technology issues in a business environment and provide solutions to these issues using their knowledge of information technology and practical techniques in a business environment.

3. Students will be able to apply research skills analysing academic literature and integrating ideas from the literature to the information technology issues in business and in preparation for life-long learning.

4. Students will be able to understand the ICT profession in information technology.

5. Students will be able to communicate using effective oral and written communication tools, act in a professional manner.

6. Students will be able to review and describe the major privacy, legal, ethical and societal issues with respect to managing digital information and information systems.

Assignment Specifications -

Purpose - The purpose of this assignment is to find recent news that involves information security breaches, analyse the chosen news and produce a report.

Assignment Requirements - You are to research a real life business example of your choice and the impact of IT on that business.

Important points -

1) Does your chosen business need IT?

2) Why IT is important for business survival?

3) What is required to apply IT into your chosen business? (I.e. cost, planning, designing, equipment, installation, training, etc...)

4) How does your chosen business use IT? (internally such as employees, and externally such as customers, suppliers)

5) What benefits and advantages does IT bring to your chosen business? (I.e. revenue, flexibility, reduces cost, etc....)

6) What type of risks does IT bring to your chosen business? (i.e. security, privacy, confidentiality)

7) How can your chosen business maintain and monitor IT?

Your report will be assessed on the quality of your research and report presentation. Discussion must be relevant to your chosen business. Your report is to be in the style of a business report. There is a limit of ten pages excluding appendices.

You can choose a business from any of the following industries:

  • Healthcare
  • Food processing
  • Banking and finance
  • Telecommunications
  • Library
  • Transport
  • Airlines
  • Printing and publishing
  • Media
  • Computer gaming
  • Tourism

Examples: Trip Advisor, Telstra, Commonwealth Bank of Australia and Qantas.

Verified Expert

The primary purpose of the paper is to demonstrate the importance of information technology in the banking and finance sector. Along with this, the paper will also discuss about the need of information technology in the chosen business sector. After reviewing the paper it is noticed that IT has increases the efficiency of the banking and finance sector by helping them to innovate their goods and services in such a manner that it can fulfill their consumer needs. However, for implementing information technology several procedures are needed such as cost structure, planning and designing as improper implementation can create challenges for the firm. Along with the paper will also discuss about the benefits and risks of implementing the IT solution in the companies related to banking and finance sector.

Reference no: EM132310553

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Reviews

len2310553

5/23/2019 12:57:43 AM

Submission Guidelines - All work must be submitted on Blackboard by the due date along with a completed Assignment Cover Page. The assignment must be in MS Word format, no spacing, 12-pt Arial font and 2 cm margins on all four sides of your page with appropriate section headings and page numbers. Reference sources must be cited in the text of the report, and listed appropriately at the end in a reference list using Harvard referencing style.

len2310553

5/23/2019 12:57:30 AM

Marking Rubric - Introduces the topic of the research report in an engaging manner which arouses the reader's interest. Gives some general background and indicates the overall "plan" of the report. A sufficient range of appropriate and current supportive evidence. Discussion of is of high quality. In- depth analysis provided. Good understandi ng of the chosen business. Good understandi ng of the issues raised in the seven points.

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