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Using IT to Increase Return on Investment

Investment in information technology will lower operations costs and improve the efficiency of the company by producing differentiated products and services in the industry. Investing in other related operations like production, assembly, packaging, equipment maintenance, operations, and quality assurance.

Establish new business linkages and alliances with customers, suppliers, competitors, consultants, and other companies.

It should develop ways to differentiate its products from the competitors and focus its products or services to give it the advantage in particular segments or niches of a market.

Reduce the number of employees by integrating information system into the operations of the company. The lean workforce should be capacity built to handle the changes in the company.

The management functions should be computerized in which the managers will appreciate the capability of IT in planning and organizing functions.

Last modified on Saturday, 07 November 2015 10:44
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