Question

Describe the business reasons/requirements for ups to invest so heavily in networking technology? assume a strategic focus of operational excellence, but consider interactions ups has with both individual customers and other businesses.

Answer 1

Answer

The various reasons for ups to invest in networking technology can be: to raise its profile as a company, to increase its reliable connections, to boost growth through creating positive influence, to open new opportunities and to generate referrals

Explanations

Network technology is the utilization of a connected system through optic cable, satellite, wireless cables for data, communication devices and other resources in different parts to build an infrastructure to relay information. Taking a strategic focus of operations, network technology can help the company reach many clients, increase the knowledge required in that business and in the long run attain a great business growth and higher profits. Currently, through networking, companies share their success and mistakes with other firms to understand challenges and enable faster growth.