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VOL. 7, ISSUE 5 (2021)
Advanced technology underpins the corporate governance: A study
Authors
Chaya R
Abstract
Technological advancements have helped businesses and organizations save time and cost of production, which has been an advantage to all business, they manage these advancements to gain competitive advantage. This paper discusses the importance and need of technology and innovation strategy into business strategy to achieve overall competitive advantage for the company. The use of technology in value creation system is highlighted in a way that it plays a pivotal role in productivity, economic growth, increasing wealth in socioeconomic environment, and evolution of entire industries. In the globalised business, companies require technology and only by evolving new advanced technology they can become technically competitive. Further we need to formulate the strategy and execute it in the context of technology is discussed that technology strategy should be aligned to corporate strategy competitiveness for the company. Moreover, what benefits companies can get from these are highlighted and discussed in relation to corporate management. So that the MNCs becoming a market leader using technology strategy has also been discussed in this paper.
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Pages:87-90
How to cite this article:
Chaya R "Advanced technology underpins the corporate governance: A study ". International Journal of Humanities and Social Science Research, Vol 7, Issue 5, 2021, Pages 87-90
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