Edi: Cost vs. Benefit

Organisations are now faced with new and improved ways to provide basic services to customers and a major challenge for managers is to locate the most appropriate technology innovations for their business.

Moreover, by all this alternatives the company will get efficient and on time delivery to customers which increase the customer satisfaction too.

because it is easy to access and can receive messages in 2 minutes. The use of electronic

EHRs have also changed healthcare by increasing productivity. Now health care professionals are not having to order scan or test multiple times due to results not being able to be located. One additional way that EHRs have changed the healthcare industry is by increase patient satisfactions. Patients like that their healthcare providers are easily up to date on the facts of their health information. Healthcare IT is now considered as a essential factor of a high-quality healthcare system (Wager, Lee, Glaser, 2013).

global trade market and brought about many changes to the social and economic atmosphere to the

The US for the first time, saw the need to expand its global market operations by means of increasing the amount of goods being

- Joint-stock companies like EEIC and VOC organized commerce on a new scale. Capitalism actively supported by governments, especially in England and Netherlands. Protected rights of private property, upheld contracts, settled disputed.

With limited budget to spend for upgrade, BAL had to consider a more rational way to improve current system. In addition, regarding the company size, there wouldn’t be economy of scale at

Their mission was to reduce trade barriers on manufactured goods and to build-up the principle of most-favored nation (MFN) status. This would impose a sense of fairness

Before the invention of the telegraph in 1844 by Samuel Morse and his colleagues, news and messages traveled at a much more laborious and protracted rate. While businesses and individuals could communicate by interpersonal communication through

Similar to the telegraph, the invention of the telephone made instant communication a possibility. Far more effective than the telegraph, the phone allowed for the spread of more information over a shorter period. Writing was no longer the only form of long distance communication. Telephones encouraged the progress of city centers and office buildings. The importance of messengers and telegraphs dwindled as the telephone industry expanded. By the early 21st century, constant connection to the entire planet through cell phones was an American standard.

  Summarizing, new structure was designed in order to avoid potential for conflicts of interests and hence foster the speed in the process of global

There is no direct substitute for incumbent technology (Liu, 2009:39). There are substitutes emerging in this industry like cloud based solution and hardware based protection.

To uphold a good relationship with them is the answer to minimise the risk. Thus, offering them the new integrated online system which will ease and simplify their deal, will be very advantageous.

in many ways, however we do not realize that the cost of these new technologies