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the answer must be related to education PART 2: Digitization (i.e. the process of converting analogue data into digital data sets) is the framework for

the answer must be related to education

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PART 2: Digitization (i.e. the process of converting analogue data into digital data sets) is the framework for digitalization, which is defined as the exploitation of digital opportunities (Rachinger et al., 2019). By adopting digital technologies, companies can achieve success in terms of experiencing optimized resource utilization, reduced costs, increased employee productivity and work efficiency, optimized supply chains, increased customer loyalty and satisfaction, and many more (Coupette, 2015; Kagermann et al., 2015; Kaufmann, 2015; Loebbecke and Picot, 2015). Instructions: 1. Choose an industry and discuss how digital adoption / digitalisation transformation may give benefits and challenges to the organisations in that industry. 2. How does the digitalisation may facilitate and influence managerial decicion making? 3. How would you expect digitalisation to affect direct materials, direct labor and overhead costs? Would you expect any of these costs to increase or decrease? 4. Discuss whether the potential benefits outweigh the possible costs of digitalisation. The industry we chose = Education I need full answer for part 2= Question 4

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