Tuesday, February 3, 2009

What makes Technology important for business

The main reason business is in business is to creat profit.

Technology is used to aid people in the company to maximize profit. Some ways technology can increase profit for a company.
1. Use technology to analize possible decisions that the company wants impliment.
-if the company has certain resources available to create a profit, Technology can be used to maximize this profit and minimize costs to the company.
-technology can help in deciding how many workers to staff in the company based on certain external variables.
2. Use technology to manage information and knowledge.
-the obvious example is database management.
-managing knowledge is also a perfect example of how technology be a manager. internal company blogging and company web site blogging can provide instant insite into the company.
3. communication has evolved because of the implimentation of technology also
-e-mail, instant messaging, cell phones, computers and many more

The biggest take away... Technology will now, always, have a roll in business. Get over it and adapt, learn, use it for your advantage.

No comments:

Post a Comment