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Technologies - Coggle Diagram
Technologies
Employees
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a business that uses the latest technology is likely to be more successful so provides job security ( positive)
technology often reduces the need for employees, resulting in redundancy ( negative)
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the development and manufacture of new technology products provide employment opportunities ( negative)
Business
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when technology is rapidly changing it will need to be changed often if the business remains competitive ( negative)
May need to spend more money training employees, which increases costs ( negative)
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