Use Of Technology In Small Business

Being a small business owner can be very demanding, and most entrepreneurs know that running a small business can be a juggling act, often spreading themselves thin performing many different jobs during the course of a single day. With the primary responsibility for the success of their business resting on their shoulders, they know that better time management is key

This article states that small businesses creates two out of three jobs according to the U.S. Small Business Administration. With new businesses starting so many jobs it is important to maintain their success. New technology is helpful resource to help small businesses successes.

Governments around the world have put in place policies to encourage the growth of local small and medium enterprises (SMEs) as they can help directly alleviate poverty by increasing income levels and creating jobs (ESCAP, 2012). At the same time, the global economy has become increasingly depended on the Information and communications technology (ICT) for market access and information. SMEs need to have access to and use of ICT to engage in the regional and global economic business networks. If SMEs are not accessible to ICT, many of the SMEs are set to lose out on opportunities to integrate into the global supply chain, get potential businesses and increase their productivity or efficiency.

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

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

Information technology not being used to its full potential can be costly to the company. Better use technology increases data and information sharing. Technology also decreased cost and time associated with communication (Epstein & Shelton, 2013).

* Technology also increases the possibility of crime. A tech-savvy employee can embezzle funds and make it difficult for the company to trace. Hackers can access personal and financial data of customers who trust the company to keep their information safe. Businesses must spend time and money developing safeguards against these events. These features reveal that technology can have positive as well as negative affects on business. Given below are a few advantages and disadvantages arising from technology in business.

This report is based upon the book The New Small: How a New breed of Businesses Is Harnessing the Power of Emerging Technologies, written by Phil Simon. The book was published by Motion Publishing and is copyrighted 2011 by Phil Simon. Phil Simon is the author of the Why New Systems Fail and The Next Wave of Technologies along with a few other management books. Phil consults companies on how to optimize their use of technology. While not consulting, Phil speaks about emerging trends and technologies. His contributions have also been featured in several technology-oriented media outlets. Simon currently resides in Las Vegas, Nevada.

In today's challenging economic times, the competition for business has never been more fierce. It is imperative that organizations not only provide a good product, but also provide that product at a good price along with good customer service, all while keeping their product relevant and their staff up to date. Companies must be aware of the assets provided by technology and the easily accessible programs that make professional development ideas effortless to share and apply. For up-and-coming business professionals, the use of technology is crucial to promote and grow the business in question. It is important that business owners take advantage of the technology they have and also keep up to date with the changes occurring in the technology world so they can use their assets to better their business.

According to a recent LACCD memorandum beginning 2014 all employees will have the opportunity to download their W2 forms directly from the Districts personnel page. The District anticipates that this decision will lower their cost of printing and postage. It will also enable employees to receive financial information quickly and electronically. However, one of the main drawbacks with modifying the organization procedures is that some employees might feel apprehensive to the change.

Information technology efforts in these areas have improved the way businesses are run. The day to day operations of business disciplines have been improved by the efforts of IT personnel and the developments of information technology as a science. The

The technological advances achieved in the past few decades have brought about a revolution in the business world, affecting nearly all aspects of working life. People can reach others throughout the world in a matter of seconds, with cost being increasingly irrelevant. Employees no longer need to be physically with their clients and co-workers; instead they can communicate effectively at home, at a distant office, across the world, and even in their car or on an airplane. With technology's penetration into every business function executives have seen first-hand how it gives them access to well-organized, quality information they can use to make better decisions, and how it fundamentally supports the day-to-day running of their

The purpose of this paper is to identify and to enumerate the benefits and disadvantages of adopting the latest trends, especially advancements in technology, in small-scale businesses. A brief summary of a scenario involving non-fictional characters is included to depict similar real-world conundrums faced by entrepreneurs. This paper first illustrates the benefits of incorporating the aforementioned trends into small-scale businesses, and then moves on to list and to discuss its disadvantages. Lastly, the paper weighs the pros and cons of using the latest trends of business processes. All arguments provided in the paper are based on the depicted scenario. Other assumptions made by the author of this paper are included to provide a more elaborate and thorough discussion of the case in study.

In a global world where society is driven by technology it is almost impossible for any form of business or organization to succeed without the proper technological advances. Businesses have heavy reliance on their information systems for accuracy which helps management with making decisions.

“The most important networking facility available to organization is the Internet.”(Stalling and Cass, 2013) Yes, the internet is more important than before. Businesses cannot run efficiently without the Internet. In this paper, I will focus on two parts of discussion regarding the small business and Internet: the evolution of the internet and the advantages of the Internet for small businesses.