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Technology in business - Coggle Diagram
Technology in business
Impact on costs
employee training
redundancy
Large Capital costs
improved quality
Impact on personnel
staff training
staff qualifications/skills
teleworking
efficiency
Impact on opportunities
Faster production
E-commerce
New products/services
Improved decision making
Impact on management
management stress
improved decision making
speed of communication
Wider span of control
production
forms of technology
CAM (computer aided manufacturing)
CIM (Computer integrated manufacturing
CAD (computer aided design)
voice recognition software