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(i) Contracting clients and partners – business contracts can be easily
facilitated with the use of ICT. Such contracts may involve supply of goods to
clients, joint-business ventures with identified business partners etc.
(ii) Improvement of business efficiency through the use of the following ICT’s:
(a) Phone – for ease of communication. It promotes better time management
by curtailing unnecessary movement.
(b) Fax machine – for ease of transfer of documents between firms where
similar machines are installed in record time.
(c) World Wide Web (www) – it facilitates establishment of websites thus
enabling easy and fast communication via the Internet.
(d) Radio – it has ability to carry communication (sound) via radio waves.
Easily affordable and accessible by most people.
(e) Television – It combines both sound and visual communication.
(f) Computer – It facilitates adoption of software for execution of specific
tasks electronically.
(g) E-mail – it facilitates communication through delivery of electronic mail. It
is quite fast and cost-effective means of communication.
(iii) Use of the following to a small enterprise:
(a) E-government: It involves computerization of key government functions to
promote efficiency and cut down on costs. Government clients (including
business organizations) are able to access government services in real time
at minimal cost. It eliminates bureaucratic bottlenecks and red-tape
more commonly associated with such transactions.
(b) E-procurement: involves identifying potential suppliers of goods,
negotiating, ordering and delivery of such goods electronically.
Businesses do have a wider reach of the market and are able to sample
offers from as many potential suppliers as possible before settling for the
best.
(c) E-business: it involves computerization of a firm’s business operational
procedures. These will be handled electronically.
Kavungya answered the question on April 24, 2019 at 08:23
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