Use your knowledge of technology and organizations to answer the following quest

Question

Use your knowledge of technology and organizations to answer the following questions.

The shift toward a service based economy and mushrooming change in information technology are two areas of technology that affect businesses today. What is the third? SELECT ONE OF THREE CHOICES BELOW

Increased use of social media

The growing use of technology for competitive advantage

Developing technological strategic plans

The Goodyear Tire and Rubber Company is a ______________ because it combines rubber and chemical compounds and uses blending equipment and molding machines to create tires.

Breakthroughs in _____ have resulted in less personal communication, less “down time” for managers and employees, and an increased sense of urgency vis-à-vis decision making and communication.

Explanation / Answer

Besides the two areas of technology which affect business today, the third most important area is the use of the social media. Use of social media is cost-efficient and engages a broad audience of the consumer.

The Goodyear tire and rubber company is a manufacturing company/ unit as it combines rubber and chemical products along with moulds to create tires.

The breakthroughs in the communication technologies results in less personal communication, The communication technologies include telephony, video telephony, interactive televisions etc.

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