1.1Evaluate the relationship between business and engine room. (5) The increasing net income use of goods and services and evolutions in telecommunications were a immanent extension of the schooling or Computer Age. Technology changed the worlds financial food harvest-feast stores, production processes, the way business is conducted and even jobs. Online technologies are without delay part of the daily operations and sometimes the core operations of companies. In todays business world a company without engineering science such as computers, fax machines and carrel phones is unheard of. Technology is part of every business somebody and employees daily life. Technology is an efficiency enabler and makes people install life faster, more accurate thus impacting directly on profits. in that location is also a paradox in that technology sometimes gets the blame when service to customers is not through efficiently. Technology is employ for Business Intellig ence to gather market, product and customer information, infallible to determine company strategies.
A picture shift occurs with the comer of ever developing technology from fleshly labour and natural resources to industrialised enterp splays with technology policies and strategies at the totality 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 deliberate in the market place. A high level of technology and knowledge has the military group to convert resources to products and services. This give ri se to division of labour which improves prod! uctiveness that impacts profits directly. Management of technology is today a essential part of a handlers duties and decision making skills as well as a change agent.If you demand to get a proficient essay, order it on our website:
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