Technology impact on the organization Research Paper

Technology impact on the organization - Research Paper Example Factors of production include the inputs required in the production process in order to accomplish an organization’s objective in achieving its desired output. The desired output may be a finished product or a service depending on the organization. They include labor, capital, land and enterprise or entrepreneurship (Lee & Edgar, 2002). This makes technological progress the mover of development in the economy. Labor in an organization is termed as either skilled labor or unskilled labor. Most organizations will prefer the use of unskilled labor as much as possible since it is cheaper as compared to skilled labor. It is also in many instances readily available. On the other hand, skilled labor is needed, especially where technology brings in the aspect of automation in processing. Capital is the initial amount of money required to carry out organization affairs. Depending on the investment targeted, an organization requires variant amount of capital. An organization with an automated computer controlled process cannot have the same amount of investment with another of the same kind. Initial cost of high technology is high, but this ends up becoming economical due to efficiency and high productivity in processing. This is a basic factor that deals with the management of a company. Workers in the managerial positions and are conversant with high grade technology know how to bring out better results. This brings in the aspect of â€Å"Just in Time† delivery of goods and services. One of the roles of technology includes increased productivity of the workers. This is enhanced by the use of efficient machines in operations, thus making it possible to exploit the worker’s potential. There is optimal resources utilization; this includes space, time, process, human resource among others. When there is no waste in a process, optimal profits are obtained, and making profits is the main goal of any business organization (Montano

Quality Management Tools & Techniques Individual Project Assignment

Quality Management Tools & Techniques Individual Project - Assignment Example Actually, the establishment of this plant has been of much significance to the company. As a matter of fact, the beverage sector has become so competitive. Although the management of the Coca-Cola Inc. deeply understands much about it, they acknowledge that a lot still need to be done. For the company to continue enjoying a large share of the market, especially in this market, it needs to put in place a team of competent, highly qualified and motivated managers. These will be conserved about the management of its human, financial and all the other resources. Once the company has such management, it will be much possible for it to discharge all its operations without many challenges. First, the management will do this by hiring a large pool of professional employees to work for the company. Besides, they will be highly motivated to ensure that their productivity is boosted. Moreover, through a proper utilization of the company’s resources, the organization will manage to come up with novel ideas and viable strategies to improve the company’s products, quality of services to the satisfaction of all its clients. All these should be properly done as they can enable the company to record a tremendous growth. Once it can satisfy its clients, it will definitely have to accomplish its set short and long-term objectives. As part of the larger Coca-Cola Incorporations, Al Ahlia Gulf Line acknowledges that the satisfaction of its clients’ diverse needs is the corner stone of its success. Just like the rest of the stakeholders, the customers constitute a very significant section of the company. Without them, nothing much can be achieved. For this reason, the company has dedicated its time to ensure that the clients are provided with the necessary services and products which they always require. Beverage is a very popular product which is consumed by a large number of people in the country. However, this does not necessarily mean that the company is assured of