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Week 3 Technological Investments Essay Research Paper
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please see attached file and all references has to be within 5 years and APA format
The term governance is used together with portfolio management, thereby implying oversight of a company's technological investments. In your opinion, why are technology projects thought of in a manner similar to financial investments? In what way are they different?
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Technological Investments
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Technological Investments
Technological investments refer to the investment in technology aimed at streamlining productivity, thus improving quality leading to increased profitability. Such investments are therefore geared towards adapting to changes in the markets and industries, enabling them to cope with changes (Lee & Shin, 2018). The global market continuously innovates thus, companies must invest in technology to maintain a competitive advantage. Therefore, technological investments ensure that a company can continue to grow and adapt to its market.
On the other hand, financial investments refer to the allocation of resources by the portfolio manager into assets expected to yield returns over a set period. Such investments are mostly geared towards shares, life insurance policies, fixed deposits, or provident funds (Lee & Shin, 2018). Therefore, the investment, in this case, aims to secure future income through committing cash into such ventures. The principal capital used in the financial investment can thus gain di...
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