Technology Supporting Business Processes 1)

ts of a medium-sized business still remained very high. Many tasks would take a large investment in equipment and a significant number of accountantsa weeks to process. A hundred years later, the same tasks can be completed by a standard desktop computer in minutes. The challenge for management has transitioned from a simple reduction in labor requirements to leveraging the increased processing power to develop competitive, efficient, and profitable organizations.

With this example in mind, use the assigned readings for this module and respond to the following:

Explain how information systems influence businesses to be more competitive, efficient, and profitable.

Provide at least one example for each factor.

Write your initial response in 300a 400 words. Apply APA standards to citation of sources.