0
Technology allows businesses to create a competitive advantage for themselves. With the right technology, they can produce their products quicker and with better quality.
Wiki User
∙ 9y ago
Wiki User
∙ 14y agomaa chud apni
Add your answer:
Earn +20 pts
What is a Business Technology Network?
The Business Technology network is a company that provides seminars on how to improve technology in your business. Subjects include how to increase business value, company valuation, and how to effectively leverage technology for a competitive advantage.
Does technology drive business or business drive technology?
at some points (industrial revolutions) technology drives business. most of the time businesses will drive for new technology to be made.
What is the Impact of information technology on managerial economics -?
it doesn't have any impact
What are the changes in the business environment brought about by technology in the last five years?
Changes in technology over the past five years have allowed small businesses an increased access to international markets. Technology has also increased the speed with which transactions occur. Consumers have a wider selection of goods and services due to increases in technology.
What is the impact of information communication technology in the economic development?
the impact of ict and the use of it in schools
How does the use of technology impact on the relationship between the business and its market environment?
anonymously
Why does business environment change?
The business environment can change for many reasons. A natural disaster can disrupt supply and demand. The economy and lifestyle can also change. The introduction of new technology or new competition can also have a distinct impact on the business environment.
How does technological environment impact a small business?
The technological environment consists of those forces that affect the technology and which can create new products, new markets, and new marketing opportunities.
What is impact of technology on business?
maybe
Challenges of business environment?
The business environment faces many challenges. Technology is one challenge because it is rapidly changing and businesses need to stay up-to-date. Another challenge for the business environment is the direct impact of the overall economy like interest rates and international markets.
What impact of technology advancement on business communication?
The impact of technology advancement on business communication can be felt and witnessed in the modern forms of communication. It has improved the speed and efficiency of business communication.
What is the impact of business on the environment?
well earthquakes can knock buisness buildings down and so can tsnuamis and volcano eruptions :)
What are the impact of Information Technology in business and education?
Information Technology has the greatest impact on business, education and economy as a whole. As you can see with the invent of internet more educated people are produced and most business companies are using internet to do their business.
Impact of science and technology on environment?
Science and technology can help people understand and reduce impacts on the environment. An example of this is using satellites to monitor water availability.
Explain elements of business environment?
A business environment are the internal and external factors that affect a business. Its elements include society, technology, regulations, economy and politics.
Role and impact of economical environment on business?
The role and impact of economical environment on business are large as they lead to increased rates, currency exchange rate, saving rates, and inflation. They also have an impact on the market size, the demand, and the supply.
What are the internal and external factors in business environment?
Some internal factors that impact the business environment include competitors and business resources. External factors that affect the business environment barriers to entry and government regulations.
