Factors affecting the usage of technology in a business.

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It is absolutely a very good intention for a business organization to decide to use technology and modernization in the production of goods and services or in the making of goods and services available for sale and for rendering to respective customers and client at a profit. The usage of technology and modernization has also made it easier for majority of businesses to carry out huge business activities but at a short time or pace. The use of technology has also made business activities to be neat and accurate especially when it comes to the calculation of business data and understanding of business financial statement for ascertaining the financial position of the business.

Factors that affects the usage of technology in a business include availability of experts: indeed for a business to make use of technology there must be experts and individual who know how to use this machines and equipment so that they can be used for the right purposes. Availability of resources; there must be an availability of resources so that the proper machine or equipment can be bought by the business firm.
 
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