Explain profits and time based competitiveness, Operation Management

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Small businesses have been slower to integrate information technology into their operations than larger companies. Discuss the reasons for this state of affairs, identifying several possible IT solutions and their business benefits that could help small businesses be more successful the reason why small businesses have been slower is due to the relatively high cost and maintaining a website. Outsourcing e-commerce to other e-commerce companies can lower these cost Information Technology (IT) provides great scope for small business to gain benefits in terms of customer service, productivity, business growth, return on investment, profits and time based competitiveness.


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