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Technology & Business Strategy

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How does technology affect an organization's productivity and costs? How has your organization used technology?

© BrainMass Inc. brainmass.com March 21, 2019, 8:17 pm ad1c9bdddf
https://brainmass.com/economics/technology/328560

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The response addresses the queries posted in 445 words with references.

//This paper will examine the relationship between technology and the organizational productivity along with the relationship between technology and its effect on costs. Thus, we will talk about the effect of technology on organizational productivity and costs. We will also discuss about the use of technology in the organization//

There is a positive relationship between the organizational productivity and the use of technology in the organization. The implementation of the technology in the production process and other functional areas of the organization definitely improve the performance of the firm in terms of raised productivity. The use of technology in the organization results into the application of more productive structured techniques for better communication, effective utilization of the available resources and faster production process ...

Solution Summary

The response addresses the queries posted in 445 words with references.

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