Saves Time
Efficiency
Specialization
Industrial Expansion
The Internet and International Trade
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Technology can reduce the amount of time it takes to create a good or provide a service, increasing a business's overall earnings.
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Technology can help a company's output rate be more effective by enabling the movement of larger quantities of goods or the provision of more services.
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Technology has increased job specialisation and the division of labour inside an organisation, which has a positive impact on how efficiently a corporation can operate.
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Technology has increased job specialisation and the division of labour inside an organisation, which has a positive impact on how efficiently a corporation can operate.
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The success and expansion of international trade and the job market depend most heavily on information technology, which enables companies to share information and complete transactions more quickly.
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