What is the role of technology in enhancing operational efficiency? 🔊
The role of technology in enhancing operational efficiency involves the integration of advanced tools and systems to streamline processes across an organization. By utilizing automation, cloud computing, and data analytics, businesses can reduce errors, lower costs, and improve productivity. These technologies enable better communication, facilitate faster decision-making, and optimize resource allocation. Ultimately, leveraging technology is essential for achieving competitive advantage in today’s fast-paced business environment.
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