The Global Advantages of Technology and Personal Computers
Technology and personal computers give global advantages to business that can drastically change how they operate. Technology allows employees to work more efficiently, both at their job and even at home. Technology gives a business a greater effect on the global market by generating greater profits at lower cost, both in time and money. Personal computers help link businesses to that global market, where they can sell, buy, discuss, and plan across the world.
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Communications
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The biggest advantage that technology and personal computers give to businesses is the ease of communication. Satellites allow companies to talk to their most remote field offices. High speed fiber-optic cables allow businesses to transmit large files in just a few minutes. Computers are necessary at every step of the communication process, both to write the email or make the file, and to transmit the data packets. Before computers and technology, companies were reliant on long distance phone calls and couriers for files.
Decentralized Operations
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Personal computers allow most workers to complete their tasks wherever the computer is, and this means a worker can even work from home. This has allowed companies to either allow their workers to telecommute or to establish several smaller offices instead of having massive home offices. The benefit here is that the company can respond better to local events, since they will have an office closer to them, and to keep running in the case of an emergency. If a power outage takes out an office, workers can go home and work or the work can be shifted to another region's offices.
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Access to Global Markets
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The Internet not only revolutionized many businesses, it also created the global market as we know it. With high speed connections and a good website, a business can sell its products or services across the world. This can catapult a small local company into worldwide sales. But this does not just help with sales but also with sourcing components. A business can now shop for materials from around the world, allowing it to lower prices and improve profit margins.
Improved Logistics
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Constant communications and personal computers have also allowed for improved logistics, specifically "just-in-time inventory." Just-in-time inventory is when a company only orders parts and materials when needed. This cuts down on warehouse costs and money wasted on buying too much of any item. The process is largely automated with computers keeping track of material usage and then instantly ordering more units from the business's suppliers. This allows a company to run "leaner" with less overhead costs.
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References
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