managing technology We define information technology (IT) to include non sole(prenominal) computer technology (hardware and software) for processing and storing information, but also conversation theory technology for transmitting information. Advances in computer and communications technologies have enabled firms to pursue IT investments. This will help them to shit supreme advantage from their knowledge assets-to leverage the knowledge of individual employees to the gain of other employees and the organization as a whole.
Businesses have strived to at tain a competitive advantage in the past by competing in one of two ways: 1. By Cost- by being a low-cost producer of a aright and service 2. By Differentiation of a product or service- by competing on guest perceptions of product quality and node support services. Information technology is an integral part of close to companies day to day operations. By the 1990s, applications of IT were widespread and sophisticated ...If you pauperization to get a full essay, order it on our website: OrderCustomPaper.com
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