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CEO FR: New Technology Dear Term Paper

One factor that should also be considered is whether our competitors are using the same type of technology to their benefit, and even more importantly to our detriment. It should not be a purchase just to 'keep up with the Joneses" but if the technology is helping our competitor, perhaps it would help us as well. It would probably be best to keep in mind that our company is unique, but that does not mean that benefits of a new purchase such as this one would not help us...

Is the purchase going to assist in achieving the company's goals and objectives in a cost effect manner? If it is, then the purchase should be made. If it is not, then the company should move on to bigger and better things.
Sincerely;

Employee

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