Technology plays a necessary role in business. Gradually businesses are getting dependent on technology a whole lot so that if we were to take away that technology almost all business operations around the globe would arrived at a grinding halt. Almost all businesses and industries all over the world are using computers ranging from the most basic to the the majority complex of operations.
Technology played integral role in the growth of commerce and trade around the globe. It is true that we have long been doing business because time immemorial, long before there were computers; starting from the simple notion of barter trade whenever the concept of a currency was not however presented but trade in addition to commerce was still slow up until the point when the computer revolution changed everything. Almost all businesses are determined by technology on virtually all levels from research and even growth, production and all the way to delivery. Small to massive scale enterprises depend upon computers to help them with their business needs ranging from Point of Sales systems, information management systems capable of handling all kinds of information like employee profile, client profile, accounting and tracking, automation systems for use in large scale production of commodities, package sorting, assembly models, all the way to marketing as well as communications. It doesn’t end presently there, all these commodities also need to be transported by ocean, land, and also air. Simply to transport your commodities by land already requires the use of various systems to allow for quickly, efficient in addition to safe transportation of commodities.
Without this technology the idea of globalization wouldn’t have become a reality. Now every one enterprises possess the potential to go international by making use of the internet. When your business has an internet site, that marketing tool will grant your business to reach clientele across thousands of miles with just a click of a button. This will not be possible without the internet. Technology allowed businesses to grow and also expand in ways by no means thought possible.
Technology affects society. The truth is, we feel its effects on our everyday life. It affects economic growing, our standard of living and our culture. However, some of the effects of technology are highly beneficial and some detrimental. One should be careful that these effects on members of the society in turn affect business practices.
Technology affects our everyday life. We are surrounded by so much of technology, that we take it for granted and usually do not realize how much it affects us until we have to do without electricity, water, transport or telephone. Technological developments have raised the standard of living. In spite of inflationary pressure and considerably a high degree of unemployment, generally families eat better, wear a wider variety of clothing, and live in more comfortable homes.
Technology also influences basic aspects of our culture, including religion, education, mobility, health care, art, language, laws and their enforcement. For example, technological advances in health care allow physicians to treat their patients in a virtual environment through video conferencing, which again is helpful in legal environment too for the judges to proceed with investigations on hard core criminals, who need not be produced before the court for security reasons.