Describe how technology is changing the competitive business landscape
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Technology is an important component of the business environment.
Describe how technology is changing the competitive business landscape.
In your answer, include example(s) of how technology has impacted specific businesses or industries.
Please cite all references.
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Solution Summary
Technology is discussed in this response, including how it can be a strategic decision in the competitive environment and the advantages associated with it. The automobile industry is used as an example and a reference is given to support this 306 word response.
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In the competitive environment the use of technology is a strategic decision and at the same time it has a great importance in the today's competitive environment because of increased dependence on technology. Company who has a latest technology gets an early advantage in the highly competitive business environment. Apart from this it provides new opportunities for the companies for its new application. In the competitive environment the use of technology is a strategic ...
Education
- MBA, Indian Institute of Finance
- Bsc, Madras University
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