Impact of Technology on Organizational Performance - Research Proposal Example

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The purpose of the current paper “Impact of Technology on Organizational Performance” is to summarize some of the facts about the business values technology provides along with a special emphasis on the IT aspect. There will be an elaborate discussion on the specification of certain metrics…
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Impact of Technology on Organizational Performance
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Download file to see previous pages A financial theory provides a range of methods to help determine requisite constructs through appropriate models and mathematical techniques. The theory of production has proved quite useful in the conceptualization of processes such as production and distribution and has helped provide an empirical perspective to enable the estimation of the level to which finance plays a role in the inclusion of technology. Previous studies have also used accounting and consumer theory as a basis for determining the influence of marketing and sales as primary reflections of organizational performance (John Miner, 2007, pg. 42). Any finance department of a business organization has also entrusted the task of determining all inherent risks and uncertainties to its investments through the construction and use of appropriate pricing models. Many firms have adopted IT technologies that implement such approaches.
Firms in the modern day also lay emphasis on analyzing real options on a constant basis through the use of pricing models and are also deeply involved with the electronic banking network owing to regular financial transactions. In all these scenarios, it is essential for the company to handle all the financial requirements in a timely manner and to provide for any necessary scaling or reorganization of the resources as the needs within the company and the industry change. As such, the importance of finance must not be underestimated given its important function within any business and encompass rather wide-ranging phenomena (Tom Forester, 2008, pg. 52). ...Download file to see next pagesRead More
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