Managing Technology

managing technology We define information technology (IT) to include non exactly computer technology (hardware and software) for processing and storing information, but also converse theory technology for transmitting information. Advances in computer and communication theory technologies have enabled firms to pursue IT investments. This will help them to elucidate maximum advantage from their knowledge assets-to leverage the knowledge of individual employees to the gain of other employees and the organization as a whole.

Businesses have strived to liv e up to a competitive advantage in the past by competing in one of two ways: 1. By Cost- by being a low-cost producer of a in effect(p) and service 2. By Differentiation of a product or service- by competing on guest perceptions of product quality and guest support services. Information technology is an integral part of several(prenominal) companies day to day operations. By the 1990s, applications of IT were widespread and sophisticated ...If you privation to get a full essay, order it on our website: OrderCustomPaper.com

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