Question

In: Economics

How can technology increase organizational effectiveness? Can technology be a hindrance to effectiveness? Justify your answer....

How can technology increase organizational effectiveness? Can technology be a hindrance to effectiveness? Justify your answer.

(PLEASE TYPE YOUR ANSWER) (BE DETAILED)

Solutions

Expert Solution

  • Technology has always been a promoting factor for increasing organisational effectiveness.
  • Technological changes have improved the production process and have allowed the organisations to produce more quality goods and services within a limited time period.
  • These improvements have allowed companies to decrease the production costs and produce more goods and services by allocating limited resources efficiently.
  • It has also promoted employment due to the need of more labour because of the increased prduction of goods and services.
  • Technology has thus improved the efficiency of organisations without any reduction in the quality of goods and services.
  • Technology has always opened up new opportunities in various fields and sector's like the education field, business sector, health and welfare sector etc. But due to increased dependance on technology, the ability of people to survive or perform without technology has gradually decreased which has created a hinderance to effectiveness.
  • But overall it has increased effectiveness and hence it must not be neglected completely.

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