In the world of banking and finance nothing stands still. 48. Use Technology to Simplify communication in an organization: For any organization to be organized and be efficient, they have to use communication technology tools like emails, e-fax machines, videoconferencing tools , telephones , text messaging services , internet , social media and so much more.
During the industrial age, companies with large sums of capital had the potential of employing expensive technological tools to gain the competitive advantage ; small businesses had less potential because they could not afford expensive manufacturing or processing technology tools.
23. Respond to customer needs on time: Every business survives on its customers, the more clients you have the more successful your business will become. An audit can have the positive effect of opening channels of communication between an organization’s business and technology management.
Company V introduced 4G products prior to Company A and …