will lead to lower costs. Today, the amount of devour produced by technology can be the difference betwixt strict environmental regulations and closure (but of course, likewise profitability).
Increased Productivity
where powerful assessed, increase production, through efficiency and better planning, can also result from the introduction of revolutionary technology.
Less Workforce
may be requisite if jobs that previously required personnel can at onceadays be automated, further reducing costs. This is an added advantage if you flummox a few(prenominal) employees already, otherwise you may face redundancies.
Higher Profits
due to the increased efficiency which produces less costs. It may also be that untried technology allows jobs to be completed quicker so that exchange flow is more fluid.
A Higher Income
can be yours if your business is making more profit. You may even sink to give your employees a bonus that could increase their motivation.
Advanced Communications
such as the use of e-mail, computer networks and nomadic phones allow teaching to be sent/received instantly. This is especially useful for capacious distances where documents and information needs to be passed on quickly.
Remote work-force employers (employing travel sales, home workers etc) have instant access to staff from mobile phones, web cams from PCs and on-the-road lap tops.
More Competitive
as you can afford to lower the price of your product/ military service if your profit levels increase, without lowering your standards.
The Disadvantages of New Technology in Your Business
The Management
of new technology can be extremely difficult. If the decision of buy new technology is down to you, do you buy now or wait for the next technological advance? Also, you have to decide if the technology is really needed as round things can be expensive. Integrating the technology into your workforce is another(prenominal) task in its self.
New Skills
may be needed to operate the new technology and so you will...If you want to line a full essay, order it on our website: Ordercustompaper.com
If you want to get a full essay, wisit our page: write my paper
No comments:
Post a Comment