Technology and Organization

Technology can introduce new ways for businesses to compete with other.

Some of the principal changes are as follows.

New Products
*Products that operate faster are prices more cheaply,are   often better quality,or are wholly new.New product can be individually tailored to a particular customer's need. 

New Enterprises
*Technology can build entirely new businesses.Examples:

• Internet service providers-just a few years ago,only a few Internet service providers were available
• Web site development companies-thousand of small companies specializing in developing .Web site have sprung up in just the past few years.

New customer and Supplier Relationships
*Businesses that make their information system easily available may make their customers less likely to take their business elsewhere.