Answered: Describe how improved technology has…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Describe how improved technology has made it simpler for workers to interact with one another inside companies.

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Due to technological advancements that have streamlined and tightly integrated their business processes, the companies have completely changed. In particular, this applies to small and medium-sized firms. Small businesses, which are frequently controlled by a small number of people, rely significantly on technology. Thanks to advancements in technology, many businesses are working more successfully and efficiently than ever before.

Technology in the workplace acts as a facilitator, making a task or process simpler to maintain an organized and efficient workflow.

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