Information Management

The lure of a particular product or armed run is greatly dep rarityent upon the benefits that could be obtained from it . Most of the time the capacious gains that could be acquire from a particular venture is cod to its scarcity . The more a product or service is limited to the public s availability it becomes more expensive and strategic all toldy advantageous to those who have the monopoly on it . Nevertheless(prenominal) , this idea is no longer applicable to the Information Technology (IT ) industry . Nicholas G . Carr further discusses this phenomenon in his work entitled IT Doesn t MatterNicholas G . Carr apply to be an editor of the Harvard Business Review He is cognise for studying issues with regards to engine room , disdain and culture . Carr is also the one(a) responsible in setting debate about the occasion of computers in bank line . He is a writer for financial propagation , Strategy and Business , as well as The Guardian . Some of his articles are appeared in the New York Times , Wired , Business 2 .0 , The Banker , and Advertising Age . He is also a member of the editorial board of advisors of the cyclopedia Britannica (Carr , 2008Carr s work entitled It Doesn t Matter , talks about the dramatic changes that took place in the field of Information Technology . It all started in 1968 , when Ted Hoff discovered the microprocessor , which contains all the necessary computer processes onto a tiny piece of silicon . This paved the way for legion(predicate) technological advancements in terms of desktop computers , local and immense are networks , enterprise software , and the Internet . The enhancement of engineering science has also transformed the world of business . Information technology is now considered as the backbone of commerce because it revolutionizes the way by which business is operates .

The exchange of instruction and services has been easier among individual companies as well as increasing the links between business and its customers (Carr , 2003Companies tend to view IT as an important resource to their victor This is clearly proven by an increase in the pass of these companies . According to the U .S . Department of Commerce s Bureau of frugal Analysis , the capital expenditures of American companies that went to information technology were less than 5 part . theless the invention of the personal computer contributed to the never-ending increase in the companies allotted budget for IT . By the end of the 1990s , American companies are spending 50 percent of their budget improvements in information technology over their business . Every year the world spends about over 2 trillion for the same purpose (Carr 2003However , the over spending that close companies adhere to does not give back its corresponding benefits . Since information technology has been widely used and accessible to almost everyone it loses the strategic importance that it once had . During the first few years of its breakthrough those who get a hold of this technological breakthrough has a comparative advantage from their competitors . But this is not the case any longer especially when companies like Microsoft...If you want to get a effective essay, order it on our website: Orderessay

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