In the emerging economy there is a new infrastructure, based on the internet, that is causing us to scrutinies most of our assumptions about the business. As a skin of networks - growing in ubiquity, robustness, bandwidth, and function - covers the skin of the planet, new models of how wealth is created are emerging.

Sunday, February 27, 2011

E-business impact on society

The use of information technologies in business systems has had a major impacts on society, thus raises ethical issues in the areas of crime, privacy, individuality, employment, health, and working conditions.

However, everybody should realize that information technology has had beneficial results as well as detrimental effects on society and people in each of these areas.

For example, computerizing a manufacturing process may have the adverse effect of eliminating jobs, but also have beneficial result of improving working conditions and producing products of higher quality at less cost.

So the job as a manager or business professional should involved managing work activities and those of others minimizes the detrimental effects of e-business systems and optimize their beneficial affects.

Information technology has changed the way that most companies do business. It is hard to imagine to an era in which payroll accounting, check processing, airline reservations or stock exchange trades were handle without computer technology.
E-business impact on society

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