1.1Evaluate the relationship between business and engine room. (5) The increasing net income function and evolutions in telecommunications were a immanent extension of the schooling or Computer Age. Technology changed the worlds financial market place stores, proceedsion processes, the way business is conducted and even jobs. Online technologies are at once part of the daily operations and sometimes the core operations of companies. In todays business world a company without engine room such as computers, fax machines and cubicle phones is unheard of. Technology is part of every business soulfulness and employees daily life. Technology is an efficiency enabler and makes people kit and boodle life faster, more accurate thus impacting directly on profits. in that location is as well as a paradox in that technology sometimes gets the blame when service to customers is not through efficiently. Technology is employ for Business Intelligence to gather mar ket, product and customer information, infallible to determine company strategies.
A range of a function shift occurs with the comer of ever developing technology from material labour and natural resources to industrialised enterp plagiarizes with technology policies and strategies at the effect of competitive advantage. As used by the Lockheed company, technology is also exposed to honorable behaviour of employees and important to how the company is careful in the market place. A high level of technology and knowledge has the military group to convert resources to products and services. This give rise to division of labour which improves productiv! eness that impacts profits directly. Management of technology is today a essential part of a charabancs duties and decision making skills as well as a change agent.If you demand to get a effective essay, order it on our website:
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