Do you agree that investing in new technology is the most important part of a successful...

Do you agree that investing in new technology is the most important part of a successful business?(minimum 300 words)

Expert Solution

Yes i do agree that investing in the new technology is the most important part of a successful business as it helps in achieving objectives of business more effectively and efficiently.New technology helps in updating in many ways like minimization of cost,save time,helps in meeting business as well as customer changing needs and provide new opportunities to the business to grow. Technology has various forms of benefits that will help in maximization of profit no matter what is the size of business and leads to customer demand satisfaction.Updated technology helps in adapting new culture changes and helps in not to become obsolete in a competitive environment.Investing in technology will help in keeping the business employees and customer information safe and protected from unauthorized access.It also helps in providing better trainning to the employees which leads to full utilization of human resource.

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