Originated From
AOL Search

What are the most challenges that businesses face in continually changing technology and what is management's role in addressing these challenges

Liked this question? Tell your friends about it

3 Answers

Order by
Oldest to Newest
Newest to Oldest
Votes

biggest challenge:  that their product or the technology they utilize in the business will become obsolete or not up to par with competitiors.

management challenge: to evaluate new technology and weigh the cost of upgrading to new technology to the additional production or sales (revenue) that can be obtained by updating to the latest technology and anticipating those technological changes and setting aside or reserving funds estimated to be needed from time to time to do needed technological updating.

good luck in the course.

rob

ROBonYEDDA@YAHOOl.com Wisdom comes from Study, Travel & Life experiences! MY YEDDA CONCEPT IS: Good questions deserve good answers; Poor ones deserve a quick/poor answer. Dumb or silly, deserves same ... and the occasional but inevitable Idiots are best just ignored.

Sorry, I don't answer homework questions.

Try www.commerce.gov   lots of info

Investing in Human Capital is the most rewarding activity; free-market utilization of Human Capital is the least expensive path to success. Don't whine about problems without thinking of a free-market, economically rational, and socially pragmatic solution.

Wake -UP )(P-U in the Dream. What challenges business today is what are we building and what is it for? High tech. in finance is the issue-too much in the hands of too few by way of so called scientific advances that rob the working class of the means to participate.

The only business we are feeding is our O.W.N. demise. WAR!!!

B.HO. 4 the New World Odor

Smells of the same old S.H.I.T.

PEACE L.C. Walkin

For those who have wondered Could there be another way, PRIMAL DREAM SEIZE the MIRROR it just could be the other way. Peace L.C. Walkin aka A. Eversole

Related Questions

Other people asked questions on similar topics, check out the answers they received:

Asked: Starting a business

Best way to start a business if you don't have a lot of money?

Asked: Contact information of vajillas y tazas C.A

vajillas y tazas C.A----could anyone tell me the contact information of this company

Asked: What is the effect of computers on society?

What is the effect of computers on society?

More Questions

How can I change my address?

The easiest way is to move. If you cannot afford to move, then joining the military or robbing a bank provide alternatives for some.

How do you change your e-mail address if necessary

To change the email address you will have to make new email address . I have a portal where you can create your shortest & personalized email id & the name of the portal is Email.biz . Its free & paid email service provider . its the best if you want to create a new account @email.biz and can create ...

What is Enterprise Project Portfolio Management (EPPM)?

The strategies and the planning in business have got changed from calendar based to quarterly-based. This means, now businesses need to establish the EPPM capability for improving programs through initiative rationalization, demand forecasting and resource utilization. The implementation helps in ...

Change of address

Here is the online Member Services page , and here is the online Magazine Services page , where, if you know your login information, you should be able to change your address. I have had my best luck finding a phone number for a magazine on the masthead in the actual copy of the magazine. It's in ...