Technology Assumptions|Quick homework help

Assumptions:

• The technology needed for the company’s growth is primarily focused on automating and streamlining primary business processes such as customer service, supply chain management, and data analysis.
• This technology is considered essential to primary activities as it directly affects the company’s ability to effectively and efficiently serve customers, manage resources, and make data-driven decisions.
• The positive outcomes of acquiring this technology include improved customer satisfaction, increased operational efficiency, and better data-driven decision making.

Measurement:

• To measure the positive results of acquiring the technological innovation, the following metrics can be used:
  • Customer satisfaction: measured through surveys, customer feedback, and customer retention rates.
  • Operational efficiency: measured through reductions in lead time, inventory levels, and process cycle time.
  • Data-driven decision making: measured through improved accuracy of predictive analytics and increased speed of data-driven decision making.