Technology In Business

Technology and Its Effects on Business

As technology has increased in the past few decades, businesses have become more reliable, efficient, and have even spread across the globe. However, this has caused businesses to almost directly rely on technology too much. Why have most businesses become  so technologically reliant? It is because of the computer and internet. Computers can perform accounting and can manage payroll which cuts cost for small businesses and even major businesses across the globe. Instead of hiring an accountant, a computer can just keep records for the business. Therefore, money is saved and if your a small business owner saving money is essential. 

Also, various applications or software on the computer have increased productivity. These programs can vary from simple programs such as “Microsoft Office” programs to more complex programs such as Pro-Engineer. These tools allow employees to be swift, precise, and even allow employees to display information in a professional manner that can transferred to another computer such as a server or database.

Since information can be transferred instantaneously, businesses now have the ability to spread their services across the globe.Information transfer is usually done through either e-mail, servers, or websites. Cell phones have also aided in technological communication. New smart phones have internet capabilities, and have apps that allow business owners to manage their business when they are not in the office. 

The bottom line is technology helps employees become more efficient because machinery and computer programs can aid them in their work. Also, communication has improved from phones and internet services which has allowed businesses to spread and become faster.  In todays fast pace society, businesses must rely on these technological advances in order to compete and survive in the market.

Works Cited

Bui, Nam. "Associated Content." How Computers Affect Our Lives . Yahoo, 13Oct2008. Web. 9 Mar 2011. <http://www.associatedcontent.com/article/1047105/how_computers_affect_our_lives_pg2.html?cat=15>.Vietz, Osmond. 

"The Impact of Technological Change on Business Activity ." Chron Small Business. Demand Media, 2011. Web. 9 Mar 2011. <http://smallbusiness.chron.com/impact-technological-change-business-activity-2191.html>.