The impact of IT in efficiency and effectiveness of banking sector in Ceylon (veraltet)
THE INFORMATION TECHNOLOGY AND ITS EFFECTS IN PRODUCTIVITY AND PERFORMANCE OF THE BANK SECTOR IN SRI LANKA (WITH REFERNCE TO PEOPLE'S BANK AND PLC COMMERCIAL TRADITIONAL BANK PLC IN SRI LANKA) AUTHOR: M. R. M. FAZMEER 2005/2006 FMC SOUTH EASTERN UNIVERSITY OR COLLEGE OF SRI LANKA
What is i . t?
The study or perhaps use of computers and telecoms for holding and sending Information (Oxford dictionary, 2003) " The info technology identifies all kinds of technology applied to processing, keeping, and transmitting information in electronic kind. The physical equipment used for this goal includes computers, communication products and network, fax equipment, and even bank organizer. Information about system completes organized techniques and/or convey information. All of us define Information as an intangible or perhaps intangible organization that severs to reduce uncertainness about a lot of state or event. Data can be descends from the internal operation of the contact form external entities such as suppliers or clients. Data as well come from exterior data bases and providers, for firm purchases a good deal marketing and competitive information. An info technology generally process these data somehow and present the results to users with easy availability of personal computers, users often process the output of formal system themselves in an ad ho manner. Individual interpretation info is extremely important understand how a business reacts to output of system. Different consequence may suggest different things to two managers. A trends or perhaps problems with product sales. A financial supervisor may see problems with cash flow given the same product sales data, where marketing administrator may use the statistical courses and charts to look for developments or issues with sales. The recipient of a system's result 2 you
AUTHOR: M. R. Meters. FAZMEER
SOUTHERN REGION EASTERN SCHOOL OF CEYLON (VERALTET)
The impact than it in productivity and success of bank sector in Sri Lanka may be an individual, as in the instances of the marketing manager, or perhaps it may be a workgroup. A large number of systems are used routinely intended for control goal in the corporation and need limited decision making. The accounts receivable software generally works with tiny senior administration over sight. It is a very structured application with guidelines that can be and then a paperwork staff. A department manager handles exclusions. The output of some devices may be used as part of a program or corporate strategy. The system that self could be implementing a corporate strategy, such as simplifying the customer order process. A system will help manager help to make decision. Technology, however , expands far beyond the computational capabilities of computers. Today, computers are being used extensively to get communications as well as for traditional functions of data storages and calculations. Many personal computers are connected together applying various sort of communication collection to form networks. Through a network, individuals and organization will be link collectively and these types of linkages will be mass market networks like CompuServe, America on вЂ“ line, and prodigy really are a more recent phenomenon of course , the most famous network of most is the internet and shall explore their potential for organization. Today just about every organization is usually faced with numerous information technology architectures. A director is always focused on various resources available for services. In the technology field. You will discover options in suppliers for both hardware and software. The area details technology as an incorporation of conversation technology. (Asoka S. Karunananda, 1998)
Great Impact of Information Technology
In 21st century, the role details technology is vital in every sector, whether it is agriculture industry and services. The info system's functions in an corporation have broadened significantly in the...