Flashcards 2.1.15 Impact of Tech on Business Functions

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Automation

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The use of machines or software to perform tasks that were once done by humans.

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E-commerce

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Buying and selling goods and services online.

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Artificial Intelligence (AI)

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Computer systems that can learn, adapt, and make decisions like humans.

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Cloud Computing

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Storing and accessing data or software over the internet instead of on a local computer.

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Cybersecurity

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Protecting systems, networks, and data from digital attacks.

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Data Analytics

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Collecting and analyzing data to make informed business decisions.

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Digital Marketing

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Promoting products and services using online tools and social media.

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Remote Work / Telecommuting

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Working from home or another location outside the traditional office.

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Customer Relationship Management (CRM)

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Software that manages interactions with current and potential customers.

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Automation Examples

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Robots in manufacturing, automated checkout systems, email scheduling.