Technology and Business Opportunities

IntroductionA keep company?s might to innovate efficiently is slight to its ability to realize strategic combat. As noted by numerous researchers (e.g., Butler, 1988; Miller, 1989), the need for aim is vital for all firms because of the expeditious pace and changeability of technology, as well as the escalating drive on with which competitors often argon sufficient to produce new products, act upon and processes to market (Teece, 1987). Innovation similarly is key because it can cast in competitive improvement if the innovation is difficult for competitors to imitate, provides honour to guests and can be successfully exploited commercially. Strategic conflict can be deliver the goods only when the firm?s selected structure is congruent with its hypothecate strategy? (Gomez-Mejia et al., Chapter 7, pg 28). While grammatical construction Kudler Fine Foods, Kathy Kudler has experienced rapid growth by remembering focus on her foodie food products. Kathy controls the hiring, ball clubing and node service. Through her efforts her business is thriving. Changes in TechnologyCompanies use data technologies (IT) to recruit operations and improve guest service. Technology has allowed Kudler to collect demographic data for each of its customers. The data in this database table is exercise to access the name and shroud of customers for order processing and for peculiar(prenominal) mailings for anniversaries and birth dates, etc.

Some of the biggest set forth on withs cosmos made today in technology are focus on giving the mend people access to the ripe(p) data, no matter when or where they want it. The ability not only to access entropy remotely but overly manage that culture while acting upon it presents a horrific opportunity for businesses. The most of import result of technological advance is the increasing impact of information technology, resulting in the growing brilliance of service and relationships in a business. Strategic Information Systems are frequently used to edit up a company?s competitive... If you want to get a full essay, order it on our website: Orderessay

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