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37. A growing area of importance in Business and Society is the increasing relia

ID: 383170 • Letter: 3

Question

37. A growing area of importance in Business and Society is the increasing reliance of technology in the workplace A. Identify 4 benefits of technology B. Identify 4 side effects of the increasing use of technology C. Discuss the relationship of the increasing use of technology w Business Ethics. Directions: Answer each question by writing a clear, well-developed essay. Yo your understanding of the issues and include specific examples where appropnia the question has multiple parts, label each part. (15 points each) r response should reflect te to rein force your points. If 36. A troubling condition in today's society is the lack of meaningful job opportunities for a gr the world's population. A. Define outsourcing, offshoring and reshoring. B. Recently there has been a gradual increase in businesses using reshoring. Provicd C. Choose two ethical perspectives you consider most relevant in the discussion of the social e 3 reasons why responsibility a firm has to provide meaningful job opportunities 35. Identify the practical steps that businesses can take to anticipate and plan for potential crises.

Explanation / Answer

Answer No. 37 Part A:

Benefits of Technology at Workplace

1. Planning: Use of computer technology and high-end software like SAP, it becomes easy to operate the business online and complete the tasks in a fast manner.

2. Communication: With the use of e-mails it becomes easy to communicate within the organization and also to the external customers in the all over the world.

3. Security: With the use of technology, vigilance has become easy and with the use of security cameras in the organization vigilance has become easy to operate and reliable.

4. Database: A large amount of data can be stored in the main server and with the help of fireproof cabinets data can be stored for a longer period of time and can also be retrieved any time whenever required.

Answer No. 37 Part B:

Side effects of technology

1. System Downtime: In case if internet services are down or not working then the whole business suffers a lot till the time services are up.

2. Increased Cost: Working on high-end software requires a lot of investment and also licensed version renewal costs is also high.

3. Data theft: Software work on computer system and if users are not aware about the internet security then a hacker can hack the company's important data and can misuse it.

4. Social sites: With the increased use of technology, some people in the company can waste the company resources and precious time in the social networking and this could delay in tasks assigned to such employees.

Answer No. 37 Part C:

With the increase in the technology life of the people working in the organization has become easy at one side and at the same time companies are also facing some kind of difficulties like ethical issues in the organization. Some employees start using company resources for personal use. Some employee uses computer systems for social networking. Some employees uses internet and websites for applying for a new job or developing themselves for interview preparation at working time in the company. This hampers company's business and also impact other employees.

Answer No. 36 Part A:

Outsourcing: It is to contract out some of the services of the company to the other service providers so that company can focus on other parts of the business.

Offshoring: In the world of globalization offshoring has become more popular. In offshoring one company when finding some of the business processes being done in the another company in other country at a lower cost then it get it done that process from that other company in the other country.

Re-shoring: It is just opposite to the offshoring. In re-shoring a company gets back its services from the other company at the other country back in the home business county.

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