COMMERCE 1B03 Chapter Notes -Intranet, Internet2, List Of File Formats

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In the 1970s business technology was known as data processing (dp). Data are raw, unanalyzed, and unorganized facts and figures. Information is the processed and organized data that can be used for managerial decision making. Dp was used to support an existing business; its primary purpose was to improve the flow of financial information. Business shifted to using new technology on new methods. Business technology then became known as information technology (it), and its role became to change business. Technology that helps companies change business by allowing them to use methods. Accessibility through technology that allows business to be conducted independent of location. Such tools as cellular phones, pagers, laptop computers, and personal digital assistants (pdas) allow you to access people and information as if you were in an actual office. Electronic communications can provide substantial time savings whether you work in an office, at home, or on the road.

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