Technology as a core of an organization

Technology is a core component of any organization as it supports communication, decision making, operations, and record keeping. Information systems help with transaction processing, customer relationship management, business intelligence, and knowledge management. Technology provides advantages like storing and protecting information, automating processes, enabling remote work and communication. While implementation and security risks exist, technology improves businesses through marketing, productivity, customer service, and facilitates objectives like product development, stakeholder integration, process improvement, cost efficiencies, and competitive advantage. In conclusion, technology plays a vital role in business and organizations must use it in a meaningful way.