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What Is the Term It

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What Is the Term It
Introduction
Information Technology (IT) delivers a chance for companies to improve their productivity and efficiency, and even to gain competitive advantage. The introduction of IT is likely to cause changes in work procedures and increase computer knowledge among the employees. IT can help in controlling and reporting each single activity done by the employees and help the management to take an appropriate strategic decision. Also IT does create value that is reflected in the market value of firms and in their future profitability although it is hard to address empirically because of difficulties in obtaining data about IT investment that can be linked to firm performance (Anderson, 2006). After globalization, the world became a small country so the IT applications became mandatory to any industry for online communication as anyone nowadays can search for whatever, whenever and wherever he is through online internet connection. The aim of this research is to address the effect of investment in IT sector and the tourism firm profitability and how does it affect the growth and cost reduction in tourism sector by questionnaire and collecting finical data from a firms working that field.

Abstract
Information Technology (IT) has become mandatory in the businesses, till now many of the developing countries consider the IT as a very costly sector to invest in, unlike the civilized nations whom invest much more in IT although it is still expensive but they recognize how much it important to their business.
The objective of this study is to find the relation and its direction between investing in the IT sector and the effectiveness on company profitability.
Keywords: Information Technology, IT, Profit, Profitability, Tourism

Literature Review
According to Daniel (1994), IT is the application of technology to business processes, gathering data and creating information that is valuable to managers who make business decisions, in other word IT translates symbols



References: Applegate, L. M. (1996). Corporate Information Systems Management. Irwin, Chicago. Aral, S. a. (2007). IT Assets, Organizational Capabilities, and Firm Performance: How Resource Allocations and Organizational Differences Explain Performance Variation. Organization Science (18:5), 763-780. Clemons, E. M. (1991). Sustaining IT advantage: The role of structural differences. MIS Quart. 15(3), 275–292. Dedrick, J. G. (2003). InformationTechnology and Economic Performance: A Critical Review of Empirical Evidence. ACM Computing Surveys (35:1), 1-28. Hitt, L. M. (1996). Productivity, Business Profitability, and Consumer Surplus: Three Different Measures of Information Technology Value. MIS Quarterly (20:2), 121-142. Hohn, M. (2011). Impact of Technology on Business. www.ezinearticles.com. Khode, P. P. (2012). ROLE OF INFORMATION TECHNOLOGY IN 2020 WITH REFERENCE. India: Golden Research Thoughts. Kohli, R. (2007). Innovating to Create IT-Based New Business Opportunities at United Parcel Service. MIS Quarterly Executive, 199-210. Mark C. Anderson, R. D. (2006). Value Implications of Investments in Information Technology. MANAGEMENT SCIENCE "Informs", 1359–1376. NG, A. S. (1998). Journal of Information Technology. The role and impact of information technology in Australian business, 201-217. Rahab, J. H. (2012). Adoption of Information Technology on Small Businesses: The Role of Environment, Organizational and Leader Determinant. International Journal of Business, Humanities and Technology. Sunil Mithas, A. T. (2012). INFORMATION TECHNOLOGY AND FIRM PROFITABILITY. MIS Quarterly, 205-224. Sunil Mithas, A. T. (2012). The Impact of IT Investments on Profits. Maryland : Robert H. Smith School of Business at the University of Maryland . Loehnert, S. (2010, 4 15). About Statistical Analysis of Qualitative Survey Data. Retrieved from Hindawi Publishing Corporation: http://www.hindawi.com/journals/ijqsr/2010/849043/ The best way to visit Egypt

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