Management

By continuously learning, it solelyows for the executive to better analyze threats and opportunities. This is all key(predicate) to obtain up with competitors. Technology is continuously evolving and you must(prenominal) be fitting to clutches up with it in decree to be successful. Opportunities cease for a competitive keenness and improving force and efficiency. Threats whitethorn include technology advances. Since technology is continuously evolving, it is important to harbour up with the trends. Technology is what threads the competition in well-nigh products to date. If they ar not learning and constantly training, than they are behind. Businesses must nourishment an eye on competitors and see what their incentives are to their customers. former(a) military control allow often try to imitate the same(p) product, but go out inadequacy in quality. Trade secrets are very important and depart 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 pass off a competitive edge to a business and keep customers loyal to their union. They also better effectiveness and efficiency. The effectiveness is modify 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 pertinent informat ion a secret to avoid copywrites or imitatio! ns. The employees choose opportunities to steal companys trade secrets and important files. To impede this they must have good security. A CPO could prevent these things from misfortune by scope up a security form and having random checks of the employees computers. They could constantly scan the hard drives for peculiar 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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