APPLICATION OF ICT IN BUSINESS

CHAPTER ONE
ICT, E-BUSINESS AND SMES
INTRODUCTION
Information and communication technology (ICT) and e-business applications provide many benefits across a wide range of intra- and inter-firm business processes and transactions. ICT applications improve information and knowledge management inside the firm and can reduce transaction costs and increase the speed and reliability of transactions for both business-to-business (B2B) and business-to-consumer (B2C) transactions. In addition, they are effective tools for improving external communications and quality of services for established and new customers.
Despite these advantages, rapid growth in businesses’ purchases and sales over the Internet has yet to materialise. E-commerce is increasing but still accounts for a relatively small share of total commerce. Broad definitions of e-commerce (including established EDI as well as Internet transactions) suggest that in 2000 total on-line transactions were generally 10% or less of total business sector sales and are mainly business-to-business, and business-to-consumer sales are even lower, generally less than 2% of the total retail transactions. On-line transactions are mainly B2B and domestic, rather than B2C or cross-border. The situation is similar for small and medium-sized enterprises (SMEs), although they lag behind larger firms in Internet transactions.
For small firms to adopt e-business and e-commerce strategies and tools, benefits must outweigh investment and maintenance costs. Commercial considerations and potential returns drive adoption.
Beyond a certain level of connectivity (PC, Internet access, on-line information or marketing), not all SMEs will necessarily “catch up” with large firms, simply because e-commerce may not bring large benefits and SMEs will stay with traditional business processes. Other barriers have been seen to be the availability of ICT competencies within the firm, and availability and cost of appropriate interoperable small-firm systems, network infrastructure and Internet-related support services. Lack of reliable trust and redress systems and cross-country legal and regulatory differences also impede cross-border transactions.
Policies that will affect the adoption and use of e-business strategies include those designed to expand and improve the quality of network infrastructure and legal and regulatory environment, foster technological diffusion and create a favourable business environment. Beyond these general framework policies, specific policies for SMEs have focused on ICT and e-business awareness programmes, business consultation services and employee and management training to enhance ICT and managerial skills.
Policies have shifted over time as firms and economies have moved from concentrating on readiness and connectivity, to diffusion and use, and are moving towards mature e-business strategies which blend broad policies for the business environment with polices for particular areas such as IPRs and competition. Policy has moved beyond a narrow concept of e-commerce (on-line transactions) to a wider view of e-business integration of internal and external processes, based on technology neutrality. Policy initiatives in some cases aim at facilitating SME participation in product and sector value chains and providing them with information to assess the opportunities and costs of e-business. However there is no one-size-fits all approach to policy and the policy mix and priorities will depend on national circumstances (leading or lagging countries) and sectoral distribution of economic activity, as well as size factors.





CHAPTER TWO
USE OF ICT AND INTERNET AMONG SMES
The use of ICT by SMEs is increasingly common according to survey for OECD countries. A Eurostat survey on e-commerce shows that nine out of ten SMEs were equipped with computers at the end of 2000/early 2001. Internet access is also commonplace among SMEs. While Internet penetration is generally higher in larger enterprises, the gap between larger firms and SMEs is narrowing. In most OECD countries, Internet penetration rates for medium-sized firms (50-249 employees) are the same and sometimes higher than for larger firms (more than 250 employees), with penetration rates of over 80%, although there are exceptions. Small firms (10-49 employees) have a slightly lower penetration rate, between 60% and 90% (Figure 1). Even in micro-enterprises, the penetration rate is nearly 60% in most countries and in Denmark 85% have Internet access.

Towards e-business integration
Some businesses, mainly early adopters of e-commerce, are entering the next stage of ICT use, e-business. They have begun to engage in increasingly sophisticated uses of ICT, involving business process reengineering and more complex technology. In such firms, B2C and B2B e-commerce are components of an overall e-business strategy. External relations with customers as well as internal processes are being linked. Marketing and sales, logistics and delivery, after-sales service, supply chain management and other business functions are integrated in an overall e-business strategy.
Most SMEs appear still to be at a stage where establishing a Web site or adopting e-commerce is the main issue. Successful integration of external and internal business processes in e-business necessitates organisational and management changes which may entail proportionally greater costs and risks for SMEs.
In addition, smaller firms may have fewer incentives to integrate their business processes than larger firms, which have more complex business processes and resources to harmonise and co-ordinate. It may therefore take more time and resources for SMEs to adopt e-business strategies. However, in the near future, B2C and B2B electronic commerce will have to become components of SMEs’ overall e-business strategy and “normal” business processes that are supported by ICTs and carried out on electronic networks.
In relation to assisting SMEs to integrate e-business into their entire business process, there could also be more emphasis on integrating e-government into the business process. For example in Australia, government compliance activities tend to be undertaken separately to other 'back office' business processes. The Business Entry Point (BEP) is currently implementing mechanisms that more closely integrate e-government activities into the day-to-day activities associated with running a business. E-business will have greater appeal to SMEs if their B2B, B2C and B2G activities can be more closely integrated. Making use of e-government initiatives as an incentive for SMEs to go online is crucial but again, these need to be seamless and integrated into business activities more generally.

Enabling factors: Internal ICT and managerial knowledge
SMEs generally lack the human technological resources needed for ICT and e-commerce, because they focus on day-to-day operations and lack the time to understand the benefits of new technologies. Even when they are aware of the potential benefits of adopting e-commerce, they require know-how or qualified personnel. The firms that adopt Internet and e-commerce are likely to have within the firm someone who has a reasonable amount of knowledge of the specific technology and/or technology in general. A study of small ICT companies with 3-80 employees suggests that the Internet was adopted by firms with personnel who understand the technology (Mehrtens et al., 2001). Interestingly, the study found that these were not necessarily ICT professionals, but simply people interested in technology.
If firms can access affordable outside ICT services, lack of ICT expertise within the firm is not necessarily an obstacle to the decision to adopt Internet e-commerce. However, internal technological capabilities still matter because adoption of e-commerce cannot succeed without an understanding of the e-commerce business model. Without internal technological capabilities, dependence on ICT support services for system maintenance can be dangerous because firms that conduct e-commerce have to live with the risk of computer viruses and other system failures. If ICT support services, especially in an emergency, are needed to minimise the loss from a system malfunction, the e-commerce system of the firm may be vulnerable if they are not immediately available. The existence of local ICT services is an important issue, especially for small offices in remote areas or emerging economies, where ICT services are generally scarce and costly.

SMEs may also lack managerial understanding and skills for e-business. Successful integration of e-business requires many firms to restructure their business processes, to change organisational structures and to redefine their core competence and positions in the value chains. So, e-business tools cannot be successfully introduced and implemented without the visionary power and strategic decisions about how to apply ICT technologies for their business processes. However, SMEs lag behind larger firms in terms of internal managerial capabilities, usually having no CIO (Chief Information Officer) who can plan and implement e-business strategies for them. The professional advice of IT and e-business consultants can help them, but SMEs may not easily have access to them because of relatively high cost.

THE OF ICT IN MARKET
Using information Communication Technology (ICT), is crucial to most businesses, regardless of size. It is important to a company aiming to expand and to improve efficiency. The use of good ICT also improves customer services and customer demand.
From database development, website design to market research, translation software, direct mail marketing and training, the application of ICT is critical for a economic success.
Tele-marketing is often used by media companies, especially ‘sales departments’ to generate appointments with potential customers. Company Directory Software is used to identify decision makers within companies, capturing their details. Often electronic versions of customer database lists are purchased, allowing sales to contact potential customers directly. The objective being, to secure appointments that lead to orders.
BARRIERS TO USE
There is a wide range of reasons why SMEs do not make more active use of the Internet and e-business.
Reasons vary widely among sectors and countries and are most commonly related to lack of applicability to the business, preferences for established business models, and the kinds of electronic transactions SMEs are involved in or wish to introduce (B2B or B2C). Common barriers include:  unsuitability for the type of business; enabling factors (availability of ICT skills, qualified personnel, network infrastructure); cost factors (costs of ICT equipment and networks, software and re-organisation, and ongoing costs); and security and trust factors.

BENEFITS AND USE BY SMALL BUSINESSES
SMEs have gradually recognised the positive impact that ICTs, such as computer terminals, e-mail and the Internet and their applications can have on their business. In advanced OECD countries, most small firms, including micro-enterprises with fewer than ten employees, now have at least one computer terminal, usually with Internet access. Many types of business software can improve information and knowledge management within the firm, leading to more efficient business processes and better firm performance. Communication via e-mail and the Internet can help to improve external communication, in either B2C or B2B contexts, and may reduce transaction costs, increase transaction speed and reliability, and extract maximum value from each transaction in the value chain.

Cost of developing and maintaining e-business systems
Most SMEs will not adopt e-commerce if the benefits do not outweigh the costs of developing and maintaining the system. The issue is costs relative to benefits expected, not cost itself. Nevertheless, SMEs are generally concerned about the costs of establishing and maintaining e-commerce since they generally suffer from budget constraints and are less sure of the expected returns on the investment.
Some SMEs cannot afford to adopt sophisticated ICT solutions (e.g. a Web site with a secure environment for credit card transactions). Some small businesses, especially micro-enterprises with 1-9 employees or the self-employed, may adopt a simple Web site without any e-commerce function if the cost of basic Internet use is well within their marketing budget. For example, in the United States, typical Internet charges – USD 10-35 a year for a domain name (i.e. Web site address) and USD 10-100 a month for Web site hosting, are low compared to traditional advertising in printed media (Bricklin, 2002).
E-commerce maintenance and upgrades can be very costly, especially when firms prefer a highly sophisticated virtual shop. The Australian study indicates that Web site maintenance is the most costly element of ongoing costs, ranging from AUD 800 to AUD 103 000 (Figure 8). Other elements include telephony, Internet service provider (ISP) charges and Web site hosting. Web site maintenance and upgrades may increase over time as the volume of on-line transactions grows, and this may raise costs and generate excessive workload in terms of staff time. In fact, some small shop owners, especially those that outsource Web page design and updating, have found it difficult to contain site development costs which are more or less beyond the firm’s control (Ernst & Young, 2001).
Logistics services, e.g. package collection and delivery, also matter. While they can be subcontracted to private delivery services, some may charge higher rates to small businesses because of their location and/or small volume (Phillips, 2002). This is a real concern for small businesses, especially those in remote districts where private package collection/delivery services may not be available at reasonable cost. Items such as software, music and books can be delivered over the Internet, but the volume of such on-line delivery is still very small. In 2000, for example, book publishers in the United States derived 90% of their revenue from printed materials, while on-line materials only accounted for 6.4%. In addition, digital delivery may not be feasible or desired by the individual or business customer with a slow Internet connection and small download capacity rather than a high-speed (broadband) connection. For the SME leaders in e-commerce, narrow cost factors are likely to become less important.
They are more concerned about how to increase their profits by using e-commerce than about costs of adoption. They are concerned, however, about the complementary, invisible costs related to the management and organisational changes required for adopting new e-business strategies.
Advantages and Disadvantages of information technology in Business
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  • Increases production and saves time: Business use technology to automate tasks.  A good example is a bakery which uses automated temperature censors to detect any drop or increase in room temperature in a bakery. These censors will send information directly to the operator and report any temperature change. This saves the bakery time and it also results into quality products.

  • Improves communication through communication technology: With the help of communication technology tools like phones, video conferencing , electronic mail, databases just to mention but a few. Movement of information with in an organization or business has become easy and first. Employees can easily move information across departments without having any interruptions. Tools like electronic mail , e-fax, mobile phones and text messaging enhance the movement of information among employees , customers and business partners or suppliers.

  • Improves data storage and file management: Businesses use cloud hosting services to store and backup business data. Also it saves on paper work and makes transfer and access of data remote. With services like ‘’Dropbox.com’’, business owners can access their data any time any where. Information and data are very important tools for a business, so it is very essential to store them safely and also access them at any time of need.




CHAPTER THREE

CONCLUSION
General business framework and ICT policies have an important role in enhancing the conditions for small businesses to adopt and exploit e-business and Internet strategies. In addition, specific policies have been common in areas seen to be crucial for initial uptake (e.g. awareness, managerial and ICT skills).
The overall policy approaches are to:
• Shift to a wider view of e-business integration of internal and external processes. Policies have shifted over time as firms and economies have moved from concentrating on ereadiness, connectivity and awareness, to diffusion and use, and are moving towards mature e-business strategies which blend broad policies for the business environment with polices for particular areas such as IPRs and competition.
• Focus on facilitating SME participation in B2B product and sector value chains, including technology neutrality and interoperability among different systems.
• Encourage business and sector associations to provide tools to assess e-commerce/e-business opportunities, benefits and costs, and the development of niche products and services. Reduce discriminatory access to finance, and improve information regarding financing opportunities.
These issues may be of particular importance in developing non-OECD countries.
• Training programmes for SME managers and employees focusing on both technical and managerial skills need to be provided in cooperation with business and sector organisations, training institution and commercial training services.
• Continue to ensure open, competitive telecommunication markets that offer a range of interoperable technological options and network services (particularly broadband) of appropriate quality and price. This is a crucial factor in developing non-OECD countries.
• Address security, trust and confidence through broad policy frameworks, regulatory and self-regulatory tools, trustworthy technologies and affordable redress mechanisms. Affordable redress mechanisms are being addressed in OECD work on alternative dispute resolution/on-line dispute resolution.
• Monitor anti-competitive behaviour as e-business becomes more widespread, electronic marketplaces evolve and potential market power increases.
• Use e-government initiatives to provide incentives for SMEs to go on line by simplifying administrative procedures, reducing costs and allowing them to enter new markets (e.g. e-procurement).
• Continue to address human resource issues as a priority. Training programmes for SME managers and employees are increasingly focused on both technical (ICT) and managerial (“e-business”) skills designed to improve abilities to benefit from e-business strategies.
• Expand collection and analysis of increasingly available statistics on e-business and ecommerce to monitor progress and improve cross-country analysis.
However there is no one-size-fits all approach to policy and the policy mix and priorities will depend on national circumstances (leading or lagging countries) and sectoral distribution of economic activity, as well as size factors.




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