How does technology influence performance metrics in businesses?
Technology significantly enhances performance metrics by providing real-time data, improving efficiency, and enabling better decision-making.
Can you give examples of specific technologies that impact these metrics?
Sure! Technologies like AI, big data analytics, and cloud computing are key in tracking and improving performance metrics.
What are some challenges businesses face when implementing these technologies?
Challenges include data privacy concerns, integration with existing systems, and the need for employee training.
How can businesses measure the effectiveness of these technologies?
Businesses can measure effectiveness through KPIs, user feedback, and performance comparisons before and after implementation.
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