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TECHNOLOGY IN 2050 | FUTURE TECHNOLOGY FACTS | NEGATIVE IMPACT OF TECHNOLOGY

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Ca ABSTRACT Developing information technology strategy that supports and is supported by business strategy is critical for generating business value in today’s organizations. All too often, IT’s strategic contribution was inhibited by IT managers’ limited understanding of business strategy and by business managers’ poor understanding of IT’s potential. Such new business strategies are inconceivable without the use of IT. Other factors, also facilitated by IT, are further influencing business strategy. Now, business executives recognize that it is a mistake to consider IT related decisions to be solely the responsibility of IT. There is a much greater understanding that business executives have to take a more prominent role in IT related decisions so that IT strategy shapes and/or complements business strategy. At present, there is recognition among the top executives of most organizations that problems with IT strategy are largely the fault of leaders who “Failed to realize that adopting systems posed a business – not just a technological – challenge” and didn’t take responsibility for the organizational and process changes that would deliver business value. “Our executives have finally recognized that business strategy is not only enabled by IT but that it can provide new business opportunities as well,” said an IT manager. “Now it’s easier,” another noted, “You don’t send a minion to an IT strategy meeting anymore; it’s just not done.” The managers in the focus group indicated that in their organizations, the CIO and other IT managers typically meet regularly with the President and senior business leaders to discuss both business and IT strategies. Work in Partnership with the Business Successful strategy demands a true partnership between IT and business, not just use of the term. “It’s not the same as it was five years ago. People now work very closely together.” Partnership is not just a matter of “Involving” business leaders in IT strategy or vice versa or “Aligning” business and IT strategy. “Now, there is much more recognition that the big opportunities are at the enterprise level and cut across lines of business.” Focus group members explained they usually face five types of IT investment opportunities to further business strategy. While each type of investment described above delivers a different type of business value, typically IT strategy has stressed only those initiatives with strong business cases. One organization holds both intra- and inter-functional strategy sessions on a regular basis with business managers to understand future needs, develop programs, and then design specific roadmaps for reaching business goals.
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Share Technology

Accounting is defined as the financial language used to communicate information about an economic entity to users for the purpose of decision making. The main purpose of accounting is collecting and reporting financial information about the financial position, performance, and cash flow of an economic entity. The information collected through accounting transactions that record through either standardized business operations like supplier invoices or customer invoicing, or more defined transactions like journal entries. Typically, financial statements are compiled under specific rules known as accounting frameworks – the best known are IFRS or International Financial Reporting Standards, and GAAP or Generally Accepted Accounting Principles. European investors will probably require financial statements that are compliant with International Financial Reporting Standards while American investors might want statements that are Generally Accepted Accounting Principles compliant. From what we have gathered here, we can conclude that the main purpose of accounting is collecting and reporting financial information. Every activity an economic entity engages in is usually done for a reason, and that applies to accounting too. Accounting simplifies things as through it financial information is collected, recorded and stored for future reference. Through accounting, daily, weekly, and monthly reports can be created to provide information on how well a business is performing its activities and how it can adjust its operations to operate profitably. Often, you will find that different investors will usually ask for previous accounting records to determine if they can invest in business. Accounting helps investors and management project the future of a business and how they can chart a way forward. Through accounting information, analysts can make rational assumptions of how things will unfold in the future based on past records.
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Is Modern Technology Good or Bad?

Chemotherapy can help cure cancer! Then look at how much technology is saving babies all over the world. Premature babies ever since technology advancements have been surviving more and more. New diseases appeared before medical technology, and they evolve just as quick as we do to stop them, the truth is yes there are super bugs from over use of the same medicine but stopping using the medical technology wont help us againest them. Without the medicines people would die from many of the illnesses we take for granted, medicine itself is only a stop gap until technology is invented that can directly intervene at the cellular level. Just remember, todays technology is tomorrows cheap. Oh wait, you aren’t that good of a painter? You don’t have time to paint every picture you want? You can’t carry 200 sheets of canvas? Oh! Then its a good thing technology brought us cameras to capture moments in the blink of an eye and carry thousands of them in our pockets! :D. Is Modern Technology Good or Bad? No because…. Modern technology comsumes too much energy so raising the temperature of the planet. Global warming which in large part is caused by modern technology. No because…. Somebody creates a bomb by using advanced technology enough to blow the world up! Or even to create a virus to steal and hack peoples accounts and get well hard earned money all over the world. No because…. as what i have known modern technology can harm people such as radiation(for example) can cause death to human lives. No because…. 63% of people prefer to use the computer or other technology instead of reading or staying warm. Is Modern Technology Good or Bad?What do you think?
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