Question

Name three reasons businesses invest in computer hardware and explain why how it would impact the business.

Answer 1

The hardware is the needful gadgets which make the automation processes to be applied in the computers as well as processes of the business. The three need for the hardware investments and its impact on the business are:

· The hardware makes the automation possible which in its capacity helps the production quality and quantity as well as data storage and processing. Hence it makes the processes fast and well-devised with the best hardware selected for a certain kind of operation.

· The Hardware is the source that determines the way the communication networks are applied within the business to communicate with the consumers or the employees among themselves alongside the inter-departmental coordination.

· The hardware enables the application of real-time communication among many stakeholders which makes the decision making easy and fast along with the efficiency of the response for the best of business returns.

The impacts of the hardware are thus in the long term cost savings, the use of the best communication technologies, and thus real-time decision making t and forecasting which makes the business competent.