To what extent does IoT implementation contribute to saving of cost and time of the organization? | |
S/N | Question |
5 | Good IoT management minimizes time wastage and helps improve overall performance and strengthen the overall market position of the brand through improved goodwill. |
6 | It is critical to the achievement of the premium manufacturing objectives of the firm by enhancing turnaround time and also helps to minimize cost. |
7 | By reducing cost, IoT helps to improve profitability, enhances returns on investment and market performance of the organization’s stocks. |
8 | IoT encourages proper allocation of time resources since more tasks are accommodated within a given time frame with good IoT management. |