Effects Of Technology In Area Of Business Essay

The way businesses argon conducted today has been greatly affected by the parvenu technology. In rollation technology has increasingly become a transforming technology total to all types of businesses and fields such as communications, manufacturing, medicine, research, administration, education, tourism and entertainment (Jones, 1996). The net has become vital for many businesses and people. People in many businesses ar conducting business activities equal communicating with former(a) people, selling, buying and surfing the markets for brisk opportunities on internet.Cause/Effect Technology has affected the ways businesses are conducted both positively and negatively. Nonetheless, new technology has caused major increases in engagement downstream and discloses the most signifi cigarettet characteristic whether it is used in the constituent environment, the factory or other industrial sectors of labor saving and detonator saving (Gill, 1996). New technology in the area of bu siness is taken as a way of increasing of efficiency of production, whilst decreasing damage and increasing competence. Technology has greatly affected the way teaching is accessed. at one time easy access to information has become the central factor in the organization of businesses, society and national economies, and promoted the growth of a global parsimoniousness (Gill, 1996). Although, this has not been accomplished without serious implications for privacy and security with controls of centralized information on personal credit, health, educational, banking and insurance records (Jones, 1996). Due to the progress of recent advancements like the Internet and other technologies, there has been serious apprehension related to their make on impropriety, privacy, individuality and quality of communication (Jones, 1996).However regardless of this fact, it is enceinte to pay no attention to or prevent technology form changing the way in which businesses are conducted.Conclusio n On the total, it can be said that the effect of technology on business cannot be understood in isolation. As discussed earlier, technology has positive as well as negative effects on businesses and society on the whole but at this point in time we cannot afford to hinderance using the new technology because it has become the backbone of many businesses (Gill, 1996).It has been discover that technology has been responsible for improvements such as overall economic growth, opportunities for browse expansion, significant restructuring of the workforce, increase productivity, enhanced living standards and the globalization of work. On the other hand, we have also seen the negative effects of technology like the increased levels of unemployment in some employment categories, the invasion in privacy and liberty of society. In conclusion, the technology and its effects on businesses debate can never come to an end.