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Computer Sciences and Information Technology in Business - Essay Example

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Using innovative solutions to solve problems has become a widely practiced thing in many organizations (Andrew, 1999). I previously worked in an organization where the company faced the problem of low financial growth of the company. …
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Computer Sciences and Information Technology in Business
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Download file to see previous pages Low financial growth of the company was a problem due to various reasons. To begin with, the company had stagnated on its financial gains over five years and at some point had an experience of losses. The organization was at a level where it generated little income to cover the operational costs and make profits. Financing the growth of the company is a major problem in such a scenario, if there is no financial growth, then the organization starts losing its market share because of competition. To make the situation worse, the existing customers are lost to the competition. Financial growth of a company fails if there are insufficient sales.
To solve this problem it, is necessary know why the problem occurred in the first place. In the organization, the problem arises because of poor sales from the sales people. The poor sales result from cutting back on the marketing budget thus there are few leads. Another issue is poor training of sales people in the company and clients cutting down their budgets. An innovative solution is necessary to solve this problem. Such a problem needs urgent solving to save the company (Baumgartner, 2013).
The firm requires generation of more income, which is only possible through selling more of the products that the company makes. Information technology is important in making more sales. To get more leads the sales people will require more training and higher access to information. Technology today has made success of companies to be easy. The company needs to employ the use of technology such as use of the internet to train the sales people and look for more leads. ...Download file to see next pagesRead More
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