GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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technical failures, not keeping up-to-date with technology
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unemployment rates, interest rates, stock market
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loss of business partners, decrease in customer confidence
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overall system failures, product distribution failures
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robbery, embezzlement, computer crimes, vandalism, job related illness and injuries
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Detailed explanation-1: -IT risks include hardware and software failure, human error, spam, viruses and malicious attacks, as well as natural disasters such as fires, cyclones or floods.
Detailed explanation-2: -The emerging technology with by far the most negative consequences is artificial intelligence and robotics. There is no doubt that the impacts of these technologies will be dramatic. Among key concerns is the question of whether this technology will deprive millions of their jobs.
Detailed explanation-3: -Outdated technology can hurt your business by creating greater risk, lowering productivity, and slowing growth. To optimize business operations, it’s important to incorporate technology that provides the benefits you need to successfully run your enterprise.
Detailed explanation-4: -Increased Costs. System Downtime. Decreased Productivity. Cyber Security Vulnerabilities. Lost Competitive Edge. Lack of Flexibility and Scalability. 09-Aug-2022