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Impact Of Information Technology On The Bank Performance

CHAPTER ONE

INTRODUCTION

1.1 BACKGROUND OF THE STUDY

Information for the modern organization is a resources paralled in importance to land, labour and capital. It is very vital and a prices less resources. For centuries, man has tried to collate, store, process and retrieve information and most importantly distribute or communicate it by the available fast test mean. It follows, therefore that man has tried various ways and methods to record and disseminate information in his attempts to proffer solution to competing tasks over the centuries. Information therefore is data that have been processed into meaningful and usable form, and it contains knowledge that reduces uncertainly in particular situation (Senn, 1999). However, Information Technology (I T) is a term, which generally covers the harnessing of electronic technology for the information needs of business at all levels. It is a computer based system as well as telecommunication......


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Approximate Word Count: 1152
Approximate Pages: 5 (250 words per double-spaced page)

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