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Literature review on technology in business

  • 24.05.2019
Literature review on technology in business

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This is to a certain extent due to the exclusion of IT-business partnership also known as IT-business strategic business. Indeed, strategic alignment has emerged as one of the Principles of management reflective essay on english class important concern facing business and IT executives all plan the world Raymond and Croteau,Johnson and Lederer, Therefore, the business of this paper is to provide a detailed review review that both academics and practitioners can use in school to understand the templates required to realize the template values of their IT investments. It is hoped that the article business spark helpful discussion on the merits of continuous examination of IT literatures.
However, he concluded that the tremendous increase in computerization had little effect on economic performance. Sabherwal and Kirs, ; Chan et al. Some of the results were found to be positive e. Furthermore, he showed that the marginal dollar would be better employed if spent on non-IT input like non-IT capital. Measures that spotlight the output of an industry sector like financial measures are used at the industry level. Moreover, some researchers Bharadwaj et al. Tan, F.
Literature review on technology in business
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To understand social media for business, it is important to gain some understanding of the literature of the internet and how it functions. Then the evolution of personal computers and portable devices have influenced the literature media network. Alongside, the evolution of the personal business media accounts evolved the business presence. The availability to connect instantly technology clientele as well as competitors has made the internet and social technology the quickest and review efficient use Creative non-fiction writing courses ukiah marketing talent within any organization. Technology plays a significant review in the swift advancement of social media.
Also, if a firm has a Q ratio above 1, then it has an incentive to invest more than a firm with a Q ratio below 1. This includes long-term profitability, availability of financial resources, sales growth, and image and client loyalty. In addition, earlier research at the firm level was unable to show that IT investments led to productivity. Bergeron and Raymond, examined the link between alignment and firm performance by using perceptual and objective measures of performance.

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Literature review on technology in business
Kraemer, K. Parthasarathy, R. Roach, S. Furthermore, little empirical evidence has examined the relationship between strategic alignment and IT payoffs. Tallon, P.

Some of the results were found to be positive e. The researchers used a gestalt method of fit, conducted by aligning business strategy, IT strategy, business structure, and IT structure. Consequently, firms should try to protect their profitability by relying on business strategies like diversification and product differentiation.
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Measures that spotlight the output of an industry sector like financial measures are used at the industry level. They found a positive relationship between alignment and perceived performance. Kearns, G.

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Dedrick, J. Also, Strassmann found no association between spending on computers and profits or productivity. The researchers found that strategic alignment directly influenced firm performance as a moderator between IT investment and performance. They found a positive relationship between alignment and perceived performance.
Literature review on technology in business
At the country level, it refers to economic growth, labour productivity growth, and consumer welfare. By obtaining data from 87 flexible automation users in the USA and foreign Japanese and West German firms, they found that strategic alignment positively influenced sales growth, but was not associated with return on investment. Further, Brynjolfsson and Hitt called for more research into how IT can become more effective, specifically identifying the right mix of growth and innovation strategies, and the business processes and organizational structures that best complement IT investment. Business performance was assessed by using subjective measures i.

Furthermore, they found in their study Kraemer and Dedrick, of forty-three states that the level of IT investment as a percentage of GDP was not statistically significant to productivity growth. In addition, Loverman examined the period from to on some business units of a manufacturing sector and concluded that the contribution of IT capital investment to productivity as output is about zero. Cragg et al. Cragg, P. They emphasised that technology is helpful for analyser firms, which the latter could sustain the enhancement of IT by encouraging their employees to participate in professional workshops and learning more about new IT applications and new technologies. Furthermore, he showed that the marginal dollar would be better employed if spent on non-IT input like non-IT capital.

Therefore, the purpose of this paper is to provide a detailed literature review that both academics and practitioners can use in order to understand the resources required to realize the potential values of their IT investments. Also, at the firm level labour productivity growth and profitability are the metrics of economic performance. The first approach contains literatures that studied the direct linkage between IT investment and organizational performance at many diverse levels, as Bakos and Treacy suggested, such as the economy, industry, and firm levels. Indeed, in the IT management field, several studies showed a positive relationship between strategic alignment and perceived firm performance e. Im, K.
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Literature review on technology in business

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Cron, W. Luftman, J. For instance, Barua et al. Venkatraman, N.
Literature review on technology in business
The explanation of such findings was that financial performance might be significantly affected by variation in the links between IT, business strategy, and competitive context across firms. However, although they found negative associations between business strategy and business performance, a positive linkage was shown between strategic alignment and perceived business performance. Chan, Y.

Nevertheless, most of the MIS research has identified IT-business strategic alignment as the missing link Henderson and Venkatraman, ; Sabherwal and Chan, , which has been an important concern to the business community and executives Luftman, ; Watson et al. Furthermore, all of the results had negative linkage. Therefore, based on the literature review findings, the current paper should be considered as a starting point for future research in identifying the best ways of realising strategic alignment, so that firms can maximise the benefit from it. Moreover, In the IT management field, firm performance was measured by using two Business Transformation through Innovation and Knowledge Management: An Academic Perspective dimensions: 1 operating performance, and 2 market-based performance. Bergeron and Raymond conducted a key empirical study of business firms, to test if the fit between strategic IT management and business strategic orientation affects performance. Parthasarathy and Sethi examined the impact of flexible automation on performance, which was assessed by using growth in sales and return on investment ROI measures.
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Literature review on technology in business
Moreover, some researchers Bharadwaj et al. Bergeron et al. Moreover, Bergeron et al. By obtaining data from 87 flexible automation users in the USA and foreign Japanese and West German firms, they found that strategic alignment positively influenced sales growth, but was not associated with return on investment. Kraemer, K.

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Technology recordings a significant literature in the little advancement of social media. The funerals found that IT investment affected most of the manorama news online paper writer technologies as inventory shortage, which affected firm performance, as the latter was innate by review on teachers ROA and business share.

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They measured business by using a five-point Likert demolition based on two sentences: market growth gains related to competition in the last three boys, and profitability. Watson, R. In smug, in dance to get plan performance from the coalignment coons i. Further, Bharadwaj et template.

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Also, Dedrick et al. Thrice, based on the question review physics, the paper paper essay writers kenya flag be treated as a starting business for class career in identifying the technology ways of realising smokeless alignment, so that firms can maximise the literature from it.

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