How does business use of technology impact the financial performance of its stock?
A business can use technology to reduce costs and when the company reduces costs that can become more money to the bottom line and that leads to more interest from investors which can then lead to a higher stock price.
It could also destroy the company's stock performance if because of new technology acquired, employees are laid off. People could now decide not to do business with that company leading to a drop in stock price.
My organization feels we have a competative advantage because our technology allows our agents to seamlessly access information they need to generate revenues for our organization.
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