SOLUTION: Capella Univ The Role and Importance of Technology in Business Executive Summary

Please find the attached. I have uploaded the assignment earlier than the initial deadline. This is to give you time to ask for any revisions. kindly go through the assignment as soon as possible. Let me know if you need any clarificationRunning head: TECHNOLOGY AND MANAGEMENT STRATEGIESTechnology and Management StrategiesStudent’s Name:Institutional Affiliation:1TECHNOLOGY AND MANAGEMENT STRATEGIES2Technology and Management StrategiesTechnology plays a critical role in most organizations, if not all, due to its diverse andwidespread capabilities. Corporates and small businesses implement technology to improveorganizational practices and employee motivation and create a competitive advantage. Therefore,technology performs various functions and influences in organizations, which include: improvedcommunication, enhanced business and market growth, streamlined decision making, improvedcompetitiveness improved customer satisfaction.There is a need for intervention in enhancing business practices and enhancement andimproved competitiveness through productivity. The use of technology aids in the solution of thegiven problem as it presents the benefit of improved communication within the organization’sstructure. Technology provides more social connection tools to the business organization,making it easier for the firm to relay essential information and data to various key playersmaking the whole business process updated and productive (Kolaski, 2018). Organizationsenhance their competitiveness and improve productivity through increased measures oftechnology to foster communication and market value.Technology presents the business organization with the advantage of improving itsmarket competitiveness and enhanced customer satisfaction. The use of technology in businessaids the management in identifying and addr…

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