💡 Role of Technology in Modern Business Enterprises

🔹 a. Technology is a differentiator among similar business enterprises
Technology provides competitive advantages through innovation, automation, and better service delivery, making it a key differentiator.

⚡ b. Pace of technology affects the business model of modern enterprises
Rapid technological changes influence how businesses operate, compelling them to evolve their models to remain competitive.

🎯 c. Needs and Goals be defined before acquisition of technology
Clear definition of needs and goals ensures that the acquired technology aligns with strategic objectives and adds value.

🔄 d. Organizations often pay little attention to the process of change once a decision to acquire technology has been taken
While some organizations may neglect change management, many do implement structured change processes.