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The impact of information technology

IT developments

3.1 Introduction

The organisation’s information system’s need to be developed
continually in order to maintain or improve the system’s
performance. Drivers for change may include:

 New technology

 Business growth or diversification

 Increased competition

 New accounting developments

There has been a wealth of IT developments – some of these are explored below.

3.2 Networks

Networks facilitate the transfer of information across different parts of the
organisation.

Intranets, extranets and the internet all rely on network technology.

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