Management

By continuously learning, it all in results for the executive to better analyze threats and opportunities. This is all key(predicate) to bear on up with competitors. Technology is continuously evolving and you must(prenominal) be equal to(p) to backup up with it in rig to be successful. Opportunities allow for a competitive keenness and improving force and efficiency. Threats whitethorn include technology advances. Since technology is continuously evolving, it is important to assert up with the trends. Technology is what machinates the competition in well-nigh products to date. If they ar not learning and constantly training, than they are behind. Businesses must persevere an eye on competitors and see what their incentives are to their customers. former(a) line of reasoning bequeath often try to imitate the same(p) product, but entrust miss in quality. Trade secrets are very important and go out expose a gild if found out. Technology will allow for hacker s to access this breeding of not properly secured on a computer. Computers seem to be a key business tool that generate, process and keep the majority of the business information. Opportunities consecrate a competitive edge to a business and keep customers loyal to their union. They also better effectiveness and efficiency. The effectiveness is modify by giving customers something that another(prenominal) companies do not offer. The company extremitys to keep the customers buying from them and not their competitors. Customers, suppliers and competitors use technology. Efficiency is keeping their relevant information a secret to avoid copywrites or imitations. The employees affiance opportunities to steal companys trade secrets and important files. To oppose this they must have good security. A CPO could prevent these things from possibility by scope up a security strategy and having random checks of the employees computers. They could constantly scan the hard driv es for fishy activity. This would maybe not ! prevent the employees from taking this information, but would make them think twice. It...If you want to get a full essay, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay