Computer Sciences and Information Technology in Business Essay

Computer Sciences and Information Technology in Business - Essay ExampleLow financial growth of the company was a problem due to various reasons. To begin with, the company had stagnated on its financial gains over five years and at some point had an experience of losses. The system of rules was at a level where it generated little income to cover the operational costs and make profits. Financing the growth of the company is a major problem in such a scenario, if there is no financial growth, then the organization starts losing its market sh be because of competition. To make the situation worse, the existing customers are lost to the competition. monetary growth of a company fails if there are insufficient sales.To put to work this problem it, is necessary know why the problem occurred in the first place. In the organization, the problem arises because of poor sales from the sales people. The poor sales result from cutting back on the marketing budget thus there are few leads. An other issue is poor training of sales people in the company and clients cutting down their budgets. An innovative solution is necessary to solve this problem. Such a problem needs urgent solving to save the company (Baumgartner, 2013).The firm requires generation of more than income, which is only possible through sell more of the products that the company makes. Information technology is important in making more sales. To get more leads the sales people will require more training and higher access to information. Technology today has made success of companies to be easy. The company needs to employ the use of technology such as use of the internet to train the sales people and look for more leads.