Management

By continuously learning, it whollyows for the executive to better analyze threats and opportunities. This is all key(predicate) to cover up with competitors. Technology is continuously evolving and you must(prenominal) be adequate to(p) to financial backing on up with it in pasture to be successful. Opportunities abide for a competitive keenness and improving force and efficiency. Threats whitethorn include technology advances. Since technology is continuously evolving, it is important to adjudge up with the trends. Technology is what invents the competition in well-nigh products to date. If they ar not learning and constantly training, than they are behind. Businesses must keep an eye on competitors and see what their incentives are to their customers. former(a) melody impart often try to imitate the same(p) product, but allow deficiency in quality. Trade secrets are very important and will expose a gild if found out. Technology will allow for hackers to access this breeding of not properly secured on a computer. Computers seem to be a key business tool that generate, process and keep the majority of the business information. Opportunities fork up a competitive edge to a business and keep customers loyal to their union. They also better effectiveness and efficiency. The effectiveness is improve by giving customers something that another(prenominal) companies do not offer.

The company extremitys to keep the customers buying from them and not their competitors. Customers, suppliers and competitors use technology. Efficiency is keeping their relevant informatio n a secret to avoid copywrites or imitations! . The employees hold opportunities to steal companys trade secrets and important files. To hinder this they must have good security. A CPO could prevent these things from disaster by scope up a security carcass and having random checks of the employees computers. They could constantly scan the hard drives for suspicious activity. This would maybe not prevent the employees from taking this information, but would make them think twice. It...If you want to get a full essay, order it on our website: BestEssayCheap.com

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