Will Business Information technology (BIT) help Market Manufacturing and Service Firms and what are its drawbacks so far in running modern business in a developing country?
BIT is definitely useful for firms provide services to customers in developing countries. For example, there is an increasing use of mobile phones to provide financial and banking services in many developing countries. The main drawback, is the weak ICT infrastructure base in most developing countries. Other challenges to BIT in developing countries are poor power supply, limited access to ICTs, and poverty.