Question

How do information technologies contribute to the business success of the companies depicted in the case? Provide an
example from each company explaining how the technology implemented led to improved performance.​

Answer 1

Information technologies contribute to the business success of the companies depicted in the case.

• The only technology that gives you the chance to analyse specific facts and organize your business journey accordingly is information technology. Additionally, it gives you access to a variety of tools that you may use to plan your company's future growth and handle complex problems.
• ICT improves a business' efficiency, effectiveness, and ability to react quickly to client needs. ICT may help with a variety of commercial tasks, including design, production, R&D, distribution, sales, and feedback.
• increases revenue by making the appropriate adjustments to corporate operations and output. enables the creation of new business quickly because accurate information is readily available. provides customers with prompt, efficient communication in order to meet their needs.
• Information technology has changed how businesses are organized, allowing them to be more responsive, flexible, and experimental, all of which contribute to shorter turnaround times for routine tasks.

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