Advantages And Disadvantages Of Technology In Business

Over the past few years technology has caused significant changes in the way enterprises conduct business.

Information technology has advanced in multiple ways in society, where organizations has implement the structure into their work environment. Industries have outsource their manufacturing to other places in the world and rely on telecommunication to keep the marketing. The geographic distribution has changed significantly by reducing the distance it takes to complete an operation, due to information technology. These are just a couple of examples of how this advanced technology has reshape our society and continuing.

Our world has undergone two stages of technical revolution which made our community develop rapidly. Entering the third millennium, we’re living in a modern society which is significant development in ICT. Technology has become an essential factor that has created a great revolution on all aspects of our lives such as education, medical, economy, politics, etc.…and connects us together. Technology has made our lives easier which results in the changing of other sides in our society. The technology plays an important role which is clearly shown in the achievements of many countries in the world. However, technology also consist drawbacks and has negatively effects on all fields in our society which people do not realize.

Over the years, technology has become a major part for a business and for an individual as well. Technology has become so advance that it has made a major effect for the staff as well as for the customers. New technology has helped in many areas such as data and information storage, advertising, transportation and communication.

Technology is always around us everywhere we go and every day from checking your phone in the morning to driving to work technology has been something that has changed the way we live our daily lives. Although, technology has made our lives easier to manage it has its negative sides to it just like everything around us does. Furthermore, technology is something we all need nowadays because of it's a tremendous contributor to our lives. One way technology has made a great impact is in the work industry Technology is always around us every day from checking your phone in the morning to driving to work technology has been something that has changed the way we live our daily lives. Although, technology has made our lives easier to manage it has

Technologies have affected people in all walks of life. Technological innovations have helped improve our lives and changed our standard of living. Due to advanced technologies, we are able to have fast computers, smartphones, more advanced medical instruments, etc. Although technologies tend to benefit us for the most part, it also has its negatives attached to it. In our society today, there are up rise in identity theft, frauds, and other unlawful criminal activity being committed. The growth of cybercrimes is possible due to our information being easily obtained in the online world. Moreover, technological innovations have helped schools, governments, commercials, private and other parts of modern life to improve the productivity and efficiency. However, on the other hand, technologies as a criminal tool has enhanced the criminal’s ability to perform, hide, or otherwise aid unlawful or unethical activities (Reith et. al, 2002). Furthermore, although the vast majority of people uses computers and other digital devices for a positive reason, there are criminals that use these technologies to perform unlawful and unethical things to individuals and companies to obtain personal information.

(Sivaprasad & JangaJe, 2012): With the introduction of Information Technology in the business, every organization that comprises IT has started to take benefits of this technology. This is done by attaining the advantage over other competitors in the market, by providing new features to the customers after incorporating technology at the operational side specially, increasing the operational speed and reducing the probability for any error in operations. (Wen, 2012): IT also assists higher management in the process of decision making.

The purpose of technology in business is increased productivity and profit. The idea is use less resources and produce a considerable quantity of products. Companies with latest technological equipment can save money and time. The use of technology contribute to an effective and quick communication between members of the company and with the clients. Also the travel cost is reduce, videoconferences, virtual meetings, and instant chat allows the business people communicate without traveling. In addition, thanks to the technology owners can develop their business through the internet, for example selling the products in websites. The main disadvantage of technology in the business field is the unemployment. The tasks that were performed by humans are now carried out by computerized machines. For example, the telephone answering machines have replaced the receptionists at many companies. Consequently, the firms would have a high dependence on the technology use, if something bad happens to the system would affect the entire process of

Technology - has radically changed the way companies do business, extend their influence in the global marketplace and improve the quality and efficiency of their day-to-day operations. It allows businesses to expand

Havana is a city located in Cuba and it is the capital of the country. It is essential and necessary to explore Havana's history because people can learn about it and understand the culture. The city used to be a role model for other cities in Latin America and may be a role model for other cities around the world. It is a historical city and it used to have a wonderful architecture. Unfortunately, houses, theaters and buildings are in ruins and uninhabitable and sadly people do not have many options and they have to live in the ruins. Despite this situation the city remains being one of the architectural jewels of Latin America. The city is living in decadence and its habitants need to learn and accept how

Many of us wonder if technology is affecting society for the better, or for the worse. I believe there are major issues on the rise with today’s trending technologies. However, like most thing’s, there are both pro’s and con’s to the way technology affects our society. It has a way of giving us new experiences, but in some situations technology can actually take away certain experiences. I’d like to explain my reasoning for those beliefs, and better explain that it’s not that technology is good or bad, it just depends what we choose to do with it, and how we let it affect our daily lives.

There have been many technological advances over recent years which have impacted upon business. These advances have enabled organisations to expand into different areas, move business online and into the global market, sometimes without leaving their home country.

Every company or business organization operates with the help of different departments that carry out various day to day functions of a company. Technological strong foothold has become very important for day to day operation of the companies and has a very significant affect on present day businesses when it comes to efficiency. Technology ensures a problem free business operation with least margin of error leaving a footprint of good experience from customers. Businesses these days are partially dependent upon certain advanced technology according to the need of the business to improve their operations and strengthen their business portfolios.

Technology has revolutionized each and every industry existing today; be it education, tourism, entertainment, medicine or any other. Organizations, with the help of new technological inventions and innovations, are able to grow and create employment opportunities. Improving the lifestyle of people and making their lives easier was always the main focus of technology advancements. In the past few decades, human lives have got a major revamp and technology has played a vital role in the transformation.

Every chapter in this course was very informative in its own way. Every era has experienced a technological evolution, what matters the most is who adapts and get benefited from that technology. One of the chapter which was very interesting was the The information systems and the Design of work. Information technology in today’s world has touched a new height whose motto is to make things simpler. It was only with the help of technology we are able to shrink our desktop computer so small that now we can make it fit easily in our pockets (Mobile Phones) (Arvind, Richard & Ann, 2005). One of the concepts which were focused is the fusion of IT in today’s life. The IT effect has affected almost every field and this statement is supported by