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What are the Advantages of Using Information Technology?

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What are the Advantages of Using Information Technology?

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There are many advantages to using information technology, too many to list them all here. However, some of the greatest advantages include globalization, increased market size, declining costs, increased communication, increased job market and extended hours. All of these are great reasons to embrace information technology. Globalization & Expanded Market Globalization and expanded markets have opened the door for businesses from around the world to compete in a common market place. This has increased the available markets for every business individually while, at the same time, increasing the number of options available to the consumer. In doing so, consumers can find better deals while producers have access to larger markets. These two things combine to bring down costs while, at the same time, increasing profits. Decreased Cost & Increased Communication Email Concept image by wayne ruston from Fotolia.com jQuery(document).ready(function(){ jQuery(‘#jsArticleStep1 span.image a:first

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