4. Changing Nature of Technology (Engage) Use your knowledge of technology and organizations to answer the following questions. The shift toward a service based economy and mushrooming change in information technology are two areas of technology that affect businesses today. What is the third? O The growing use of technology for competitive advantage Increased use of social media Developing technological strategic plans

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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4. Changing Nature of Technology (Engage)
Use your knowledge of technology and organizations to answer the following questions.
The shift toward a service based economy and mushrooming change in information technology are two areas of technology that affect businesses
today. What is the third?
O The growing use of technology for competitive advantage
Increased use of social media
O Developing technological strategic plans
The Goodyear Tire and Rubber Company is a
equipment and molding machines to create tires.
because it combines rubber and chemical compounds and uses blending
Breakthroughs in
have resulted in leaner organizations, more flexible operations, increased collaboration among
employees, more flexible work sites, and improved management processes and systems.
Transcribed Image Text:4. Changing Nature of Technology (Engage) Use your knowledge of technology and organizations to answer the following questions. The shift toward a service based economy and mushrooming change in information technology are two areas of technology that affect businesses today. What is the third? O The growing use of technology for competitive advantage Increased use of social media O Developing technological strategic plans The Goodyear Tire and Rubber Company is a equipment and molding machines to create tires. because it combines rubber and chemical compounds and uses blending Breakthroughs in have resulted in leaner organizations, more flexible operations, increased collaboration among employees, more flexible work sites, and improved management processes and systems.
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