Question

Which of the following is an advantage of technology for companies?

1) technology and its continuous updating lowers stress levels for employees of companies
2) technology allows telemarketers to use skirt privacy laws with the use of robocall machines
3) Companies can expand their online presence using technology without adding staff
4) staying on top of competition with technology is a highly-cost efficient venture for companies

Answer 1

The main advantage of technology for companies is the expansion of their online presence without the need for extra staff, along with cost savings and productivity gains.

Step-by-step explanation:

One advantage of technology for companies is the ability for them to expand their online presence without necessarily adding extra staff. Technology, such as advancements in communication and data transmission, enables businesses to engage with a broader audience more efficiently and cost-effectively. For instance, improved phone technologies result in cheaper and higher-quality calls, including long distance, contributing to better connectivity with clients and partners.

Furthermore, technology can lead to the creation of new products or enhance the productivity and quality of existing ones, as seen with the hypothetical company 'Technotron'. By adopting new technologies, businesses can achieve a competitive advantage. The use of technology also allows firms to transcend local markets and potentially achieve global reach, levelling the playing field between small and large companies, and leading to a more competitive market landscape.