Essay On Importance Of Technology In Business

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.

What are smart devices? “A smart device is an electronic device, generally connected to other devices or networks via different wireless protocols such as Bluetooth, NFC, Wi-Fi, 3G, etc., that can operate, to some extent, interactively and autonomously”(Weiser). There has been a debate for years on whether or not technology impairs users from performing daily tasks and whether it is has become too much to handle. Technology is a very important and helpful aid to an individual’s every day life. Although some might see it as a distraction, the number of ways in which technology has advanced our capabilities, effectiveness and knowledge is enough to sink most opposing arguments. Technology has created a very different society completely changing the very concept of accessibility, making information available at almost any time and anyplace.

(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

The world we live in today is more complicated, competitive and technologically advanced, and there is always a demand for resource and if the existing resources are not utilized properly it leads to poor results. Technology is a component that can be used for the productive use of resources. But employees in the organization often resist adapting to technology. Introducing new technology and tools into an organization can increase productivity, boost sales, and help you make better, quicker decisions however getting every employee adjust to the change in technology is often a challenge. Organization very constantly face the challenge of adapting themselves to the technology and it depends on its employees to overcome the change and employees need the stimulation to adapt to the change and this reminds me of a famous quote “You can't build an adaptable organization without adaptable people--and individuals change only when they have to, or when they want to” (Gary Hamel). As per Gary Hamel individuals only change when they have to’ or when they want to and Motivation is a factor that can drive individuals to change or adapt to technology. Motivation is the key ingredient to bring about a change in the employees which can lead to the success of an organization. Organizations even though they have all the technical skills, will not be successful if they are not able to motivate their team to take up change. The manager or leader or the organization should have the skill to

Technology has played a very significant role in developing small organizations into big enterprises as seen in the recent times. Technological advancement has become a major competitive advantage for many companies around the world and businesses are seeking state of the art technological facilities to upgrade their systems and operations and stay in constant touch with their customers to recognize their growing needs and design their products or services in accordance with those needs.

According to philosopher Jose Ortega y Gasset, “Technology is the production of superfluities….That is why animals are atechnical; they are content with the simple act of living.” Why do human beings, as opposed to animals, continue to work towards technological advancement?

Technology, an indispensable necessity to most people’s life just as air, food and water did. The amount of its advantages, which change our life into a better one, is enough to prove its own value. Technology penetration has been grown fast than a few decades back. It has become one of the commodities in our lives, however it can as well be an invasion on personal space (John Thackara, 2006: 3).

Though RFID has it’s benefits there are too issues that arise with this form of technology. Reader collision and tag collision may occur if there is an overlapping of readers and signals have a transmittal interference with one another. This causes a inability for a specific query to respond towards the direct path within the network. If this happens it could cause a break in the movement of goods from point to point by rerouting that product to a different destination. Tag collision happens normally a small amount of the time due to the fact that its efficiency is highly sophisticated, however, if it does it could serve as costly and prevent future business from happening with loyal customers.

4. The answer is No, small business shouldn’t rely solely on Internet promotions they should be concerned with variations in technology and social behavior. There are two types of advertising, Product advertising which is considered to make consumers aware of certain product or service and in turn, create a need for the product or services. Next, you have Institutional advertising, which takes data about the organization and projects it to create awareness of the organization, which in-turn enhances the organization’s image so that the product advertising would be credible and genuine. A small business has lots of options to advertise such as the newspapers, magazines, radio, television, outdoor media, and the internet; also, contained within the internet, there

Technology is and has been a key part of business and will continue to be. Technology increases productivity, efficiency, and in many times lowers the cost of

Simply Picnics is an innovative start-up company that aims to cater for people wishing to picnic in Roma Street Parklands and the Brisbane Botanic Gardens. The company hopes to launch a website which will allow users to select a destination and choose from a variety of picnic baskets. This document contains an overview of what the website will look and feel like. It also highlights the importance of having a functional website.

In today’s world the technology plays a vital role. All the businesses use technology in one or

Many businesses are currently using various online platforms to promote and marketing their products. With the advancement of technology and increased access of the internet by people, the business have taken the opportunity to reach their potential customers through the internet. There are various advantages that accrue to a business entity that uses internet as a marketing tool. The internet marketing has tremendously increased and the businesses that have not embraced internet marketing are missing out on great opportunity (Schibrowsky, Peltier & Nill, 2007). The importance of using internet as a marketing tool is as explained below;

In the quest for cheap marketing alternatives, these small businesses continue to use conventional marketing tools such as newspaper, magazine, radio and television advertisements, unaware of the advantages that Internet Promotion offers. All too often, these entrepreneurs focus on the disadvantages of Internet Promotion and fail to adequately take advantage of the opportunities that it presents. Moreover, their preoccupation with conventional marketing strategies is driven by a misconception that these are cheaper than Internet Promotion.