engineering and Wal-MartA . Externally , engineering science represents a right on compound force that is fusing formerly separate , competing , and non-competing enterprises industries , and sectors of the providence . It is erasing the distinctions and the boundaries amidst companies and industries and sectors of the scrimping . Internally , technology joins manufacturers , banks , brokerage and investment ho subprograms , and retailers who take a crap electronic , information and communication theory linkages with their suppliers and their customers The consequence is that competition is change magnitude and predominating in some sectors while , in others , corporations are internalizing more(prenominal) than and more transactions and in some cases what use to be ideal markets . In the latter case , it is resulting in untold great industrial concentration . applied science is likewise ever-changing the factors that confine the efficient size and scale of operation of merged enterprises and the reputation and number of activities in which they can efficiently remove (Murphy , 2002B . chiefly , Wal-Mart bases all its activities on technology and Information Technology . Wal-Mart plans its trading operations and counseling activities taking into account benefits and limitations of technology its wagess and possible threats . In organization , the rise of the computer-mediated economy in which all bearing , production , and distribution systems are ground on information-processing and communications systems can also be link up to the relative abate of the traditional manufacturing base . Technology is used to cut put down on and in some cases stages of production processes . For instance , Wal-Mart uses technology in supply gyves and stock reassure , fiscal operations and inventor y management ( HYPERLINK http / vane .walma! rt .com www .walmart .
com Wal-Mart uses technology in leading processes to create and take advantage of new business opportunities by cracking new geographic and product and service markets in both sector of the economy (Murphy 2002 . Technology is a tremendous productiveness booster . It is also be used as a means of enhancing creativity and innovation , especially through the use of workgroup technologies . Technology simplifies control function , makes it easier and fast . Today , fewer employees are convolute in inventory and management controls relying on monitoring and IT . On the one hand , technology pr ovides workers with great freedom and familiarity . It provides Wal-Mart with much greater freedom and flexibility in how they grind away and structure their activities and operations , but it binds the play along to new structures and organisational forms that are just emergingReferencesMurphy , T (2002 . Achieving Business honour from Technology : A Practical Guide for Today s executive . sewer Wiley Sons Canada , Ltd PAGEPAGE 2Technology and Wal-Mart...If you want to get a full essay, nightspot it on our website: OrderCustomPaper.com
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