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Adverse affect on fundamental business decisions

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Can the speed in which information is transmitted have an adverse affect on fundamental business decisions?Yes, speed that is traveling at high rates of speed can have an affect on fundamental business decisions. Businesses are constantly expanding everyday and expanding requires them to develop new ways to adapt to the changing environment and maintain a competitive edge in their industry. Thats how I started the answer off. I need help trying to complete this question and I need some more information on this.

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Yes, the speed at which information is transmitted can have an adverse affect on fundamental business decisions because today's business environment is extremely dynamic, rapidly changing and competitive where timely decision making is of extreme importance to ensure effective and timely implementation of strategic action plans. Delay in transmission of critical information can result in ...

Solution Summary

The expert determines the adverse affect on fundamental business decisions for transmitted speed.

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