The Impact of Technology on business
Technology has become a vital part in our world today, its have effect people in today
world, for example students, doctors, engineers and also peoples in business.
“Technology is the technical means people use to improve their surroundings. It is
also knowledge of using tools and machines to do tasks efficiently”.(Bergen County
Technical Schools & Special Services, 2005:accessed 7/9/05)We use technology to
control the world in which we live. Technology is people normally use knowledge,
tools, and systems from technology to make their lives easier and better. Future more
business technology had used for helped peoples do their works for along time, it has
change rapidly over the last decade and some time new technology require specialist
to control and work with. In business world, the major topic that we concern today is
about technology, the company that has better technology having advantage over
another company, because it can reduce cost, increase production process and used
fewer resources, that why each company spent a lot of their money on R&D (research
and development), and also using of technology can create some problems for
employee for working with technology in their business.
For this essay will explain and identify some of the impacts that technology has on
business, and also explain the effective using of technology in organization based on
literature review, my research and my interview.
The definition of technology can be varies meaning, many people thinks of
technology is depends on their own perception, know let.
To identify some impacts that technology has on business, the real situation is good
example for this, Bob Wolff is a president of Freash Eyes, Inc and consulted with
more than 500 accounting firms and small business, Wolff state that “The internet has
evolved from a scientist’ s fantasy to become the backbone of how global business is
run today”. His company had used technology and internet to changed the way doing
business, now he can reduce cost of doing a typical client payroll is about $25, which
can not do in 30 years or even 15 years ago(Wolff 2005 p.29). The situation that the