Operations Management Technology
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Describe at least one application of technology and its influences on each of the service industries:
Financial services
Public and government services
Transportation services
Health care services
Education services
Hotel and motel services
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This solution involves a given discussion of the business and technologies.
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Financial services
** Application of technology- these include such firms as banks and credit institutions. Technology is useful in making funds accessible to the recipient in a timely and accurate manner without getting lost. Technology within the financial services is useful in regulating and monitoring the spending trends within an institution and helps in the establishment of both fiscal and monetary policies within a governmental setting.
** Its influences on the service industry- The influence that the financial services would have within the service industry is in the promotion of trade by making funds accessible where and when needed.
Public and government services
** Application of technology- Technology can aid these two services through the collection of data in the determination of sectors that need either more ...
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