Management

By continuously learning, it allows for the executive to better analyze threats and opportunities. This is all key(predicate) to keep up with competitors. Technology is continuously evolving and you must(prenominal) be able to keep up with it in order to be successful. Opportunities allow for a competitive keenness and improving force and efficiency.
Threats may include technology advances. Since technology is continuously evolving, it is important to keep up with the trends. Technology is what makes the competition in well-nigh products to date. If they ar not learning and constantly training, than they are behind. Businesses must keep an eye on competitors and see what their incentives are to their customers. former(a) business will often try to imitate the same(p) product, but will lack in quality. Trade secrets are very important and will expose a gild if found out. Technology will allow for hackers to access this breeding of not properly secured on a computer. Computers seem to be a key business tool that generate, process and keep the majority of the business information.
Opportunities give a competitive edge to a business and keep customers loyal to their union. They also better effectiveness and efficiency. The effectiveness is improved by giving customers something that another(prenominal) companies do not offer.



The company extremitys to keep the customers buying from them and not their competitors. Customers, suppliers and competitors use technology. Efficiency is keeping their pertinent information a secret to avoid copywrites or imitations. The employees hire opportunities to steal companys trade secrets and important files. To prevent this they must have good security.
A CPO could prevent these things from happening by scope up a security system and having random checks of the employees computers. They could constantly scan the hard drives for suspicious activity. This would maybe not prevent the employees from taking this information, but would make them think twice. It...If you want to get a full essay, order it on our website: Orderessay



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