Information Technology

David E. Vance ()
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David E. Vance: School of Business Rutgers University

Chapter Chapter 12 in Corporate Restructuring, 2009, pp 185-195 from Springer

Abstract: Abstract Information technology (IT) can be a tremendous tool for driving productivity or it can bleed a company dry. It is not just the cost of computers, software and programmers that can drag a company down; computers can make and replicate mistakes far faster than an army of clerks. Such mistakes can be ruinous. On the bright side, computers can replace an army of clerks, reduce workload, enable people to communicate quickly and accurately, help identify, sell to, and service customers, and improve supply chain management. Well thought-out systems provide management with the means to keep its finger on the pulse of a company in near real time; identify problems; and change course to meet new threats and challenges. Companies also tend to collect vast databases which can be mined to improve operations. But few companies take full advantage of the opportunities information technology presents.

Keywords: Information Technology; Fixed Cost; Computer Professional; Trucking Company; Service Bureau (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-01786-5_12

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DOI: 10.1007/978-3-642-01786-5_12

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