QUESTION TWO

"Organisations all over the world are under increasing pressure to adapt to a rapidly

changing environment $-$ one in which technology is the new currency and innovation

is a major driver of business success. Some would like to believe that the promised

upheavals associated with massive technological change are still some way off.

However, the future is already here. Encroaching automation, Artificial Intelligence

$($AI$),$ the Internet of Things $($loT$)$ and other innovations are changing the business

landscape, both in South Africa and in the markets with which it does business.

There is no time to wait to become technologically savvy, using innovation to craft

new competitive advantages. Waiting will simply increase an organisation's chances

of becoming irrelevant in the foreseeable future.

Explain the impact of the above excerpt on the flow of information within the

business environment.