Technology has played a very important role as far as management is concerned. Technology has improved business productivity in many organizations due to increased efficiency. There are many hardware and software used by managers for making strategic decisions. These include decision support systems which are highly valued by executive managers in every organization. Technology has made it easier to analyze data hence making helping the managers to arrive at efficient strategic decisions. Therefore, technology has positively influenced the way modern businesses are conducted as well as increasing the competition.
Different people are using technology in different ways to make their ends meet. Data is the most valued asset in every modern business. Technology has greatly influenced the way people store data and retrieve it in a secure manner. Sharing of data by the members of the organization or individuals has also been made possible by technology.
During the 90s, very few people owned computers. Despite the existence of computers, very little could be done by those computers during the time as compared to today. The computers had no friendly user interfaces as compared to today. Only skilled people were able to use the computer. Technological advancement has made it possible to develop friendlier user interfaces hence making it easy for people to learn. Computer networks have also been advanced making it possible to share data in a secure manner regardless of the location.
Technology has now been advanced up to a level where meetings can be done online through video conferencing. The internet and development of powerful computers are the major contributors of the latter. Currently, all the business organizations are investing in keeping up with rapid technological changes in order to maximize their profits. Therefore, this is a clear proof that technology has a great influence on management.
Effects Of Technology On Management Argumentative Essay Examples
Type of paper: Argumentative Essay
Topic: Business, Management, Technology, Security, Computers, Strategy, Organization, Information
Pages: 1
Words: 300
Published: 02/08/2020
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