How can technology affect organizations?

Prepare for the City and Guilds Level 3 Business Administration Exam with comprehensive study materials including flashcards and quizzes. Master key concepts and excel in your test with detailed explanations and practice questions.

Technology significantly affects organizations primarily through advancements in data storage and automation. These technological improvements streamline processes, enhance efficiency, and increase productivity. For instance, effective data storage solutions allow companies to manage large volumes of information securely and access it quickly, facilitating better decision-making and strategic planning. Automation reduces the need for manual tasks, thus minimizing human error, saving time, and ultimately lowering operational costs. As a result, organizations can focus their resources on more strategic initiatives rather than getting bogged down in routine administrative work.

In contrast, while factors like employee turnover rates, economic conditions, and government policies can influence organizational performance, they do not directly relate to the transformative impacts of technology. The primary essence of technological effects on organizations lies in how it enables operational improvements rather than external pressures.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy