· AdvantageAutomation
· Cost effectiveness
· Employment
· Process time
· Access to up-to-date information
· Globalization - IT has not only brought the world closer together, but it has allowed the world's economy to become a single interdependent system.
· Communication - With the help of information technology, communication has also become cheaper, quicker, and more efficient.
· Bridging the cultural gap - Information technology has helped to bridge the cultural gap by helping people from different cultures to communicate with one another.
· More time - IT has made it possible for businesses to be open 24 x7 all over the globe. This means that a business can be open anytime anywhere.
· Creation of new jobs - Probably the best advantage of information technology is the creation of new and interesting jobs. Computer programmers, Systems analysers, Hardware and Software developers.
Disadvantages
· Unemployment - While information technology may have streamlined the business process it has also crated job redundancies, downsizing and outsourcing.
· Privacy - Though information technology may have made communication quicker, easier and more convenient, it has also bought along privacy issues.
· Lack of job security - Industry experts believe that the internet has made job security a big issue as since technology keeps on changing with each day.
· Dominant culture - While information technology may have made the world a global village, it has also contributed to one culture dominating another weaker one. For example it is now argued that US influences how most young teenagers all over the world now act, dress and behave.
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