engineering and Wal-MartA . Externally , engineering science represents a knock-down(a) 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 in the midst of companies and industries and sectors of the scrimping . Internally , engineering science joins manufacturers , banks , brokerage and investment ho usages , and retailers who puddle electronic , information and communication theory linkages with their suppliers and their customers The consequence is that competition is change magnitude and predominating in just about sectors while , in others , corporations are internalizing to a great extent than and more transactions and in some cases what employ to be ideal markets . In the latter c ase , it is resulting in a great deal great industrial concentration . technology is likewise ever-changing the factors that confine the efficient size and scale of operation of corporeal enterprises and the reputation and number of activities in which they can efficiently shut up (Murphy , 2002B . chiefly , Wal-Mart bases all its activities on technology and Information Technology . Wal-Mart plans its trading operations and circumspection 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 cerebrate 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 chains and stock reassu re , fiscal operations and inventory managem! ent ( HYPERLINK http / vane .walmart .com www .walmart .
com Wal-Mart uses technology in leading processes to create and take advantage of new business opportunities by swell new geographic and product and service markets in either sector of the economy (Murphy 2002 . Technology is a tremendous productivity 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 , less employees are convolute in inventory and management controls relying on monitoring and IT . On the one hand , technology provides workers with greater 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 confederacy to new structures and organisational forms that are just emergingReferencesMurphy , T (2002 . Achieving Business measure from Technology : A Practical Guide for Today s executive director . sewer Wiley Sons Canada , Ltd PAGEPAGE 2Technology and Wal-Mart...If you want to get a full essay, auberge it on our website: OrderCustomPaper.com
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