week 5 INTRO TO BUSN 3 NOV 2 2011 - the business world can...

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LASHAUNDA MONROE NOVEMBER 2, 2011 CHANGING TECHNOLOGY Technology can be characterized as the technical means in which society uses as a means to improve their lives and the lives of others around them. This includes the knowledgeable use of machines that perform a variety of tasks. The use of technology is used to mandate and even control the world in which we live. Technology is the use of society using their knowledge of tools, and different systems to make the society run smoothly and more effenant. The responsibilities of technology have a major impact on business management and in the developments of communication systems. In the world of changing technology communication is as vital as transportation. The ability of any company to effectively communicate with other companies within and outside of
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Unformatted text preview: the business world can be summed up by the use of indicators of the infrastructure to the firms such as fax machines, emails, telephones, and mobile phones. As more of an example the amount of mobile phones being used in 2001 was estimated to be 557 million around the world, and in the following year that number jumped to over 900 million. The world of financial deals has been drastically changed due to the environment of technology. The technology of the internet is constantly going through rapid changes especially in the countries that have been industrialized. In today’s business world many firms can operate in many different diverse areas around the world yet still maintaining lines of communications with its headquarters base....
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