Commerce Keypoints: Information and Communication Technology (ICT); Information and Communication Technology (ICT) encompasses a wide range of technologies used to manage and communicate information.

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Commerce Keypoints: Information and Communication Technology (ICT)

It has transformed various aspects of our lives and has become integral to business and personal activities. In this comprehensive explanation, we’ll explore the different topics within ICT:

a. Computer

(i) Appreciation and Application

Computer appreciation involves understanding the basic components and functions of a computer, including hardware (central processing unit, memory, storage devices, etc.) and software (operating systems, applications, etc.). Application refers to how computers are used in various fields such as education, healthcare, finance, and more.

(ii) Types and Functions

Computers come in various forms, including personal computers, laptops, servers, and supercomputers. Each type serves different functions. For instance, personal computers are suitable for everyday tasks, while servers handle network requests and store data.

(iii) Merits and Demerits

Computers offer numerous advantages, such as increased efficiency, faster data processing, and automation of tasks. However, they also have demerits, including potential security risks, dependency on technology, and environmental concerns related to electronic waste.

(iv) Challenges

Challenges related to computers include cybersecurity threats, software vulnerabilities, data breaches, and the digital divide, which refers to the gap between those who have access to computers and the internet and those who do not.

b. Terms

Terms in ICT include various concepts and acronyms:

• Internet: A global network of interconnected computers and servers.
• Intranet: A private network used within an organization for sharing information and resources.
• Browsing: The act of navigating websites on the internet using a web browser.
• Password: A secret combination of characters used to protect access to digital accounts.
• E-mail: Electronic mail used for sending messages over the internet.
• Google and Yahoo: Internet search engines and web service providers.
• Search: The process of looking for information on the web.
• Local Area Network (LAN): A network of interconnected devices within a limited geographic area, like an office.

c. Activities

(i) e-commerce: Electronic commerce involves buying and selling products or services over the internet. It includes online shopping, digital payments, and online marketplaces.

(ii) e-banking: Electronic banking, or online banking, enables customers to access their bank accounts, conduct transactions, and manage finances using the internet and mobile apps.

(iii) e-business: E-business refers to conducting business operations, including sales, marketing, and customer service, over the internet. It includes online storefronts, digital advertising, and virtual customer support.

FAQs:

(i) What is computer appreciation, and why is it important?

Computer appreciation involves understanding the components and functions of a computer, which is essential for efficient use in various fields, including work, education, and personal activities.

(ii) How do different types of computers serve various functions?

Personal computers are suitable for everyday tasks, while servers handle data storage and network requests. Supercomputers are designed for complex calculations.

(iii) What are the merits and demerits of using computers?

Merits include increased efficiency and automation, while demerits involve cybersecurity risks and digital dependency.

(iv) What are the major challenges related to using computers and ICT?

Challenges include cybersecurity threats, software vulnerabilities, data breaches, and the digital divide.

(v) What are some key terms used in ICT, and why are they important to understand?

Terms like internet, intranet, and LAN are fundamental concepts in ICT, and understanding them is crucial for effective communication and technology use.

(vi) What activities fall under e-commerce, e-banking, and e-business in ICT?

E-commerce involves online buying and selling, e-banking covers online financial transactions, and e-business includes various online business operations like marketing and customer service.