Question

State the impact of information technology in the economy.​

Answer 1

Answer:

Businesses can reduce costs, streamline processes, and increase efficiency. The main impacts of information technology on the economy are e-commerce, marketing tactics, facilitation of globalization, job insecurity, and job design. ... Job insecurity can result from downsizing and outsourcing.

Answer 2

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Businesses can reduce costs, streamline processes, and increase efficiency. The main impacts of information technology on the economy are e-commerce, marketing tactics, facilitation of globalization, job insecurity, and job design. ... Job insecurity can result from downsizing and outsourcing.