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Technology can play several roles in business.
1. Productivity increases when data processing tasks can be automated. This allows businesses to server more customers with less resources.
2. Managers make more informed decisions when the various metrics of business can be tracked and reported on in more meaningful ways.
3. Businesses can use the internet to broaden their markets and reach new customers. Of course the Internet also means increased competition.
4. Technology based information security and integrity is a significant different over padlocks on filing cabinets. Digitized information improves our ability to preserve and protect data, but also creates new vulnerabilities that must be addressed.
5. Remote desktop and computing abilities create the opportunity for information workers to telecommute. This allows businesses to address a variety of concerns including the need for less office space, reduction in commuting expenses, allowing employees the flexibility to deal with various family circumstances and more.
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What is the Role of management in modern business?
Hai
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To facilitate and expedite business processes.
What are the three-sphere model for systems management?
business, technology and organization
What are the challenges that most businesses face as a result of continually changing technology what is management's role in addressing these challenges?
What are the challenges that most businesses face as a result of continually changing technology and what is management's role aaddressing these challenges?
What are the role of management organization and technology in Dollar Generals business strategy?
pls answer this question
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How Management of Technology Innovation integrated with business strategy?
How Management of Technology Innovation integrated with business strategy
What is the role of infomation technology in management?
nothing
What is the Role of management in modern business?
Hai
What is the role of information technology in business?
To facilitate and expedite business processes.
What is the role of mathematics in business management?
role of mathematics and statistics in business decision making
What determines if a business goes out of business?
The only things that determine a stable business is the management and the nation or national economy in which a business is located. economy goals of a nation also have impact in a business or a firm most cases, moderns technology advancement plays a major role in sustains of a business, like third world country which suffers from lack of technology ````````````````````````````````````````````````````````````````````````
Role of statistics in business management and administration?
Yes
What are the three sphere model for systems management?
Organization,Business and Technology
What are the three-sphere model for systems management?
business, technology and organization
What is full form of IMT?
Its a reputed Business School in India n Dubai.... Institute of Management Technology....
