Points For Quick Revision BIT
Points For Quick Revision BIT
points
Chapter 1 :introduction to IT
• Applications of IT
• Evolution of IT
• Information technology is the storing, management
1. Communication
and retrieval of any kind of data transmitted across 2. Healthcare
electronic lines or electronic data
1. Pre-Mechanical age: Drawings and sign 3. Governance
language, abacus
4. Employment
2. Mechanical Age: Analytical computer, differential
engine. Punch card 5. Education
3. Electromechanical age: vacuum tubes 6. Virtual and Augmented reality
4. Transistors age
7. Entertainment
5. Integrated Circuit age: multiple transistor on
silicon chip
6. Personal computer age: microprocessor and
microchip
7. Internet age
8. Mobile age
9. Cloud computing age
10. AI age
• Need of IT in business • Process of introducing / initiation of
• Business Information Technology or IT in business
BIT , is a sub field of IT 1. Conducting Comprehensive
• that focuses on incorporating Assessment of the Organization.
computing methods and principles into 2. Developing an IT strategy
business processes 3. Gaining buy-in and support from key
1. Improves productivity shareholder
2. Enhances communication 4. Plan and implement the selected IT
3. Reaches customers easily initiatives
4. Innovates process and operations 5. Monitoring and measuring.
5. Has expansive and reliable data 6. Maintenance, support, continuous
storage improvement.
6. Reduces business cost
• Elements of IT refers to the • Impact / role of IT in business/
fundamental components or building advantages of IT
blocks that make up the field of
Information Technology, 1. data Management and
1. Hardware, Analysis
2. Software 2. Customer Relationship
Management (CRM)
3. Networking 3. Supply Chain Management
4. Data mining 4. Innovation and Competitive
5. Data transmission Advantage
6. Data Management/ DBMS 5. Cyber security
software 6. Communication and
7. Security tools Collaboration
8. Cloud computing 7. Cloud computing
9. IT support and services 8. Ecommerce and digital
marketing
Disadvantages of IT
1. Unemployment
2. Data security issue
3. people are easily distracted
4. Health concerns
5. People are Exposed to
undesirable content
Chapter 2 E-business and E-Commerce
(also epayement, payment security, digital and social media marketing)
• Electronic Business • Elements of E business
(E-Business) is the 1. E-procurement(Electronic procurement
): requisitioning, ordering of goods for
administration of conducting purpose of business .
any business using the 2. Online store: Virtual storefront for
internet, extranet, web, and customers to browse and buy products
intranet. 3. Online marketplace: transactions is
facilitated by intermediation of third
party
4. Online Communities: platform where
people with common interests can
interact and connect.
5. Online Companies: Companies with
common transaction offer interact
online
• Types of E-business • Scope of ebusiness :
1. B2b : order processing, Inventory • which primarily includes transactions
Management, payements (B2B), (B2C), and (C2C),
2. B2C: Customers interactions, • all facilitated through the internet,
Marketing, purchases and encompassing various functions like
payments purchasing, marketing, production,
3. C2C: third-party involves, direct sale finance, R&D, and HR within a
or bidding company,
4. Intra B commerce : inter • as well as internal interactions
departments of organisation has between different departments within a
internal interaction or transactions firm ("Intra-firm B transactions").
online • Then explain types of ebusiness in
detail
Difference between
• Types / models of ecommerce :
Ecommerce 1. B2B: Facebook Marketplace, Alibaba
2. B2C: Amazon, Facebook
3. C 2C: olx, quikr, broker.com
• E-commerce is the buying 4. C2B: freelancers: Software engineer,
and selling of goods and artist
services over the internet. 5. B2G: architecture contracts with
government for road or dam building
6. C2G: Income tax, gst, water supply bill
to municipal corporation.
7. Mcommerce: commerce through mobie
8. Social commerce :business through
social media platform: Facebook,
twitter, instagram
9. Subscription commerce: commerce
through recurring fee / Subscription
• Advantages ecommerce
• Disadvantages ecommerce
1. Faster buying process
2. Store and product listings and creation
1. Peoples resistance
3. Cost reduction 2. Lack of privacy: credentials
4. Affordable Advertising and marketing sharing
5. Flexibility to customers 3. Tax issue
6. Product and price comparison 4. Product suitability
7. No reach limit/ Global reach
8. Faster responses to market Demands
5. Cultural obstacles
9. Serval payment modes 6. Technical Limitations
10. Easy export / export and import 7. Supply Chain Disruptions
8. Cyber security threats
• Features of ecommerce / ecommerce website
1. User-Friendly Interface and Navigation : Search functionality, mobile
optimized, good category and subcategories of products.
2. Shopping Cart and Wishlist: Products quantity adjustment , auto
save cart option , save for later option.
3. Payment Gateway and Payment Processing: multiple payment
option, one click payment , security and encryption
4. Customer Account and Profile Management : Account dashboard,
personalized recommendations. Guest check out option .
5. Security Features : SSL certification, two factor Authentication
6. SEO and Marketing Tools: seo friendly, email Marketing integration
7. Shipping and Delivery Options: multiple shipping option , integrating
delivery services .
8. Customer Support and Chatbots
9. Analytics and Reporting Tools.
10. Order Management System.
• Business applications of
ecommerce • Uses/ benifits of ecommerce
1. E-retailing 1. Convenience and acceptability
2. Digitsl products and services 2. Increased products selection
3. Drop shipping 3. Lower startup costs
4. omni channel experience 4. International cross border
sales opportunities
5. International expansion
5. easily retarget customers
6. Subscription services online
7. Branding and customer 6. Scalability with lower
engagement operational cost.
7. Personalized experiences
8. Access to new technologies
Online trade / revenue business model in
eCommerce
Online business trade model/ revenue model 5. Dropshipping model : revenue generated by
dropshipping (stock maintained and cleared by
1. E-retailing model/ merchant model: direct dropshipper),
sell, revenue on profit margin – overhead
cost • Dropshjpper get profit on wholesale price
2. Subscription model: recurring fee revenue • Merchant get mark up commission on
wholesale profit.
3. Freemium model : revenue on premium
sale and potential of converting free 6. Marketplace platform model: third party
subcribers to actual buyers services in-between buyers ad sellers.
4. Digital products and services : revenue • Revenue generated as commission or fee for
generated from either of one time service provided
purchase, direct sale or in between
advertising by intangible goods : eg ebook, 7. Affiliate Marketing model: revenue
videos , songs generated as referral fee when purchase
through Affiliate link
8. Advertising model: Advertising media
generate revenue for Advertising like by Cost
per Action(CPA) or Cost pet thousands
impression (CPI)
E-Payment
Sign in/ create account Sign up for google Sign up for Dropbox Sign up for office 365 or Sign up for Zoho account
account and sign in using account and sign in using purchase subscription and and sign in to uding
credentials credentials sign in using credentials credentials
Access Go to google Drive on Navigate to Dropbox Navigate to OneDrive, Navigate to Zoho docs
clicking app launcher paper by clicking on the cloud storage service to by clicking on “Docs” tab
icon (nine dots in grid “ paper “ tab in Dropbox create, upload and share in Zoho Suite interface
pattern) at the top right web interface. document
corner and select drive
Features Google workspace Dropbox paper Microsoft Office 365 Zoho Docs
Create a document • Click “+ New “ button • Click “+ New “ button • Click “+ New “ button • Click “+ New “ button
on the left side of on the left side of on the left side of on the left side of
screen . screen . screen . screen .
• Select document type • Select document type • Select document type • Select document type
• Give document title • Give document title • Give document title • Give document title
and start adding and start adding and start adding and start adding
content content content content
• Alternatively u can
upload existing
document using
“Upload ” button and
selecting files from
computer.
Features Google Workspace Dropbox paper Microsoft office 365 Zoho Docs
Edit a document Once open document start Once open document start Once open document start
editing it. You can add editing it. You can add editing it. You can add
text, format it , insert text, format it , insert text, format it , insert
images, table or any other images, table or any other images, table or any other
content content content
Share a document • Click on “Share” • Click on “Share” • Click on “Share” • Click on “Share”
Button at right corner Button at right corner Button at right corner Button at right corner
of document of document of document of document
• Enter email address • Enter email address • Enter email address • Enter email address
• Adjust the sharing • Adjust the sharing • Adjust the sharing • Adjust the sharing
setting to view , setting to view , setting to view , setting to view ,
Comment or edit Comment or edit Comment or edit Comment or edit
• Click :send” • Click :send” • Click :send” • Click :send”