Question

what strategic integration is and how it ties to the implementation of technology within an organization.

Need 300 words

Answer 1

Ans- As the name strategic integration, it's clear that strategic integration is the combination of some component or functions of different units of a business into a single unit, so that benefit can be maximizes. It helps business to cope with highly changing business environment. It is imperative for organizational performance also, because it links different strategy like business strategy, corporate strategy, functional strategy in systematic manner so that business can go in long run.

In the present scenario, where business environment is changing every day. There is a challenge to provide quality product and services in low price, so managers are needed to implement technology within an organization in different units like production, marketing, human resources etc.

New technology is implemented within an organization with an objective to fulfill it's strategic goals and objectives. With implementation of the advanced technology there is improvement in efficiency and hence effectiveness, eventually this leads to lower the cost of production or delivering the services and this has vital impact on all stakeholders of the business too.