productivity increase through information strategy
Productivity increase with fewer employees has been witnessed in the last few centuries due to the introduction of computer and its many possibility. proficientwritershub.com is a leading website in academic writing, essay writing, dissertation work, and research paper. Check the example below of a question submitted by a student. If looking for a similar question, submit your instruction on the order button for our writers to start working on it from scratch.
Over the twentieth century, the ability to process information in terms of labor units has improved by a factor in the order of 1 to 5 trillion. This improvement represents a compounded growth rate of between 30 to 35 percent per year for a century. At the turn of the twentieth century, but the number of workers required to maintain the accounts of a medium sized business still remained very high.
Many tasks would take a large investment in equipment and a significant number of accountants’ weeks to process. A hundred years later, the same tasks can be completed by a standard desktop computer in minutes. The challenge for management has transitioned from a simple reduction in labor requirements to leveraging the increased processing power to develop competitive, efficient, and profitable organizations.
With this example in mind, use the assigned readings for this module and respond to the following:
- Explain how information systems influence businesses to be more competitive, efficient, and profitable.
- Provide at least one example for each factor.
By Saturday, September 10, 2016, post your response
Explain and justify your position.
Write your response in 300–500 words. Your response should be thorough and address all components of the discussion question in detail, include citations of all sources, where needed, according to the APA Style, and demonstrate accurate spelling, grammar, and punctuation
- Make sure your writing
- is clear, concise, and organized;
- demonstrates ethical scholarship in accurate representation and attribution of sources; and
- displays accurate spelling, grammar, and punctuation.
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