1. DRIVERS OF ICT IN BUSINESS
EDUCATION
BY
BUSINESS EDUCATION MTECH
STUDENTS
2. Meaning of Drivers in ICT
Drivers of ICT refers to
the factors or influences
that are responsible for the
growth, development, and
adoption of information
and communication
technology (ICT) in
various sectors and
3. Major Areas in Business
Education
• Concerned with
recording,
classifying and
reporting of the
financial and
related
transactions of a
business
Accounti
ng
• Concerned with
all the strategies
and procedures
and
philosophies
involved in
getting products
to the end users
through
necessary
channels
Marketing
• Concerned with the
cordination of
materials and
humans within an
organization to
achieve
organizational
goals.
Administration
4. Drivers of ICT in Accounting
The following have necessitated the introduction of
ICT in accounting:
cloud computing
The need to reduce the cost of
document storage which
traditionally require much
physical storage space. This has
necessitated the use of
,
which is the utilization of remote
and decentralized facilities saving
the risk and demands of managing
physical storage facility.
5. Drivers of ICT in Accounting
The following have necessitated the introduction of
ICT in accounting:
To ensure fairness of financial
statements, a transaction process is
normally broken down into units
handled by different offices. This
leads to longer wait time. This
delays and bottlenecks have led to
the introduction of accounting
software, Platform as a
service/Software etc., which are
ICT tools that helps to authenticate
and perform the transaction steps
6. Drivers of ICT in Accounting
The following have necessitated the introduction of
ICT in accounting:
The need for businesses to operate
remotely, especially the paryroll
accountant and the likes have
given rise to the use of ICT. This
could be in the use of off-the-shelf
accounting softwares like; Sage
7. Drivers of ICT in Accounting
The following have necessitated the introduction of
ICT in accounting:
Businesses so several reasons need
their accounting statements to be
ready in time. Some of the reasons
are for tax purposing and planning
purposes. The traditional methods
of paper work involves a lot of
delays which ICT removes.
8. Drivers of ICT in Marketing
The following have necessitated the introduction of
ICT in Marketing:
There is the need to communicate
to the customers fast enough, more
comprehensively and effectively,
which should be cost effective.
Some of the ICT tools that could
used includes; Intranet, Extranet,
Websites, Ecommerce website,
Chatbots etc.
9. Drivers of ICT in Marketing
The following have necessitated the introduction of
ICT in Marketing:
With the enormous amount of
customers to reach and manage, a
company may find it difficult to
continue to manually stay online
to respond and make post. This
gave rise to the introduction of
ICT tools like HootSuite and
Buffer to manage these social
media handle to post information
at scheduled times.
10. Drivers of ICT in Marketing
The following have necessitated the introduction of
ICT in Marketing:
For both gaining and retaining clients,
as well as uncovering hidden revenue,
Customer Relationship Management
(CRM) platforms such
as Hubspot, SalesForce,
and Insightly are invaluable
resources. A CRM helps you keep
track of potential, current, and
previous customers from the first
interaction through your marketing
and sales funnels. It can also provide
tools to nurture those relationships.
11. Administration
The following have necessitated the introduction of
ICT in Administration:
Increased business tasks have given rise
to the use of ICT in business
administration. Online task management
tools like Asana and Trello help a
business effectively manage their to-do
lists, project progress, and calendars.
Automatic reminders and updates can
be set, so that time is not spent checking
every single little thing by hand. These
also serve as collaborative tools so
everyone on the team knows what’s
been done, what’s outstanding, and who
has been assigned to the task
12. Administration
The following have necessitated the introduction of
ICT in Administration:
Setting up meetings can mean lots
of emailing back and forth to find
a mutually agreed upon time.
Scheduling tools
like Calendly and Acuity can help
automate the process of setting up
meetings. You can just send the
other person your link and they
pick from the available times to
meet.
13. Administration
The following have necessitated the introduction of
ICT in Administration:
When you need e-signatures on
contracts and
agreements, HelloSign or DocuSign c
an help out. Upload your document,
note where signatures are needed, add
the right email address, and the
system will send it for you! It will
even ping the person with reminders
the document hasn’t been signed
within a certain period. No more
hassling people for signatures or
hoping the post office is still open so