How does ICT support accounting functions in a business?
What role does ICT play in human resource management?
How is ICT used in production processes to enhance efficiency?
How does ICT facilitate supply chain management?
What are the benefits of using ICT for business communication?
Answers and Descriptions:
Answer: ICT supports accounting through software for financial record-keeping, automated invoicing, and real-time reporting, such as QuickBooks or SAP.
Description: Accounting software uses databases to store financial data, automate calculations, and generate reports, reducing errors and improving efficiency. ICT also enables secure online banking and tax filing.Answer: ICT aids human resource management with tools for recruitment, payroll, employee training, and performance tracking, such as HRIS (Human Resource Information Systems).
Description: Platforms like Workday use ICT to manage employee data, automate payroll, and provide e-learning modules, streamlining HR processes and improving employee engagement.Answer: ICT enhances production through automation, inventory management systems, and real-time monitoring of manufacturing processes.
Description: Technologies like ERP (Enterprise Resource Planning) systems integrate production data, optimize resource allocation, and monitor equipment performance, increasing productivity and reducing downtime.Answer: ICT facilitates supply chain management by enabling real-time tracking, inventory optimization, and communication between suppliers and distributors.
Description: Tools like SCM software (e.g., SAP SCM) use ICT to track shipments, forecast demand, and manage supplier relationships, ensuring efficient logistics and cost savings.Answer: ICT improves business communication through email, video conferencing, and collaborative platforms like Slack or Microsoft Teams.
Description: These tools enable instant communication, file sharing, and remote collaboration, reducing delays and enhancing decision-making across geographically dispersed teams.