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Impact of Technology on Business

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Impact of Technology on Business
Impact of Technology on Businesses

Every functioning business in the world today uses some sort of technology in order to help them accomplish their goals. Before the age of technology, it was much harder for businesses to thrive because it was harder for them to advertise to their customers, communicate with their business partners, store information, and much more. Today businesses have all those things, and it has never been easier to start up a business, maintain it, and have your business prosper because technology is there to help. Technological advancements have made positive impacts in the business world in ways such as computers, transportation development, and smart phones.
Computers and the Internet have helped businesses thrive more and more through out the years. They have done this in many ways, including making it easier to communicate through Emails, storing information without breaking a sweat, allowing businesses the opportunity to have a online store, and making it easier to start up a business successfully by researching your market needs and identifying your consumers. A research done by the Radicati Group said that “there are over three billion active Emails in the world today, and there is projected to be over 4 billion e-mails by 2014.” (Radicati, Sara. "Email Statistics Report.") This means that more and more people in our world today are becoming tech-savvy, which is good for businesses all across the globe. A countless amount of businesses today use Email as a form of communication between them and their business partners, their own business employees and their customers. Firms Email their customers to keep in touch with them, and remind them that they value their customers. Businesses also Email their customers to inform them of sales, special deals, and new products. Emails also help businesses by helping them communicate to their employees and their business partners. Businesses use Emails to communicate almost all of the time,



Bibliography: Cohn, Michael. "How Does Technology Affect The Workplace Today?" IEEE-USA 2000 Careers Conference, Sept. 2000. Web. 05 Dec. 2011. Mcgrath, Jane. "HowStuffWorks "Effects of Technology on Business"" HowStuffWorks "Communication" Web. 13 Dec. 2011. <http://communication.howstuffworks.com/technology-changed-business1.htm>. Radicati, Sara. "Email Statistics Report." Radicati Group, Apr. 2010. Web. 5 Dec. 2011. "How to Collect and Save Customer Information | MarketingZone." Marketing How-to Guides for Small Business | MarketingZone. Marketing Zone. Web. 05 Dec. 2011. <http://www.marketingzone.com/453-how-collect-and-save-customer-information>. Genco. "The Internet Has Helped Businesses Reduce Overhead Costs in the Wholesale Industry." Www.gencomarketplace.com. Genco, 01 Sept. 2011. Web. 5 Dec. 2011. "McDonald 's." Wikipedia, the Free Encyclopedia. 11 Dec. 2010. Web. 11 Dec. 2011. <http://en.wikipedia.org/wiki/McDonald 's>. "BSS: Business Support System | NetworkDictionary." Network and Telecom Dictionary and Encyclopedia | NetworkDictionary. Web. 11 Dec. 2011. <http://www.networkdictionary.com/telecom/BSS.php>. Duane Varan, et al. "The Effectiveness Of Branded Mobile Phone Apps." Journal Of Interactive Marketing (n.d.): ScienceDirect. Web. 11 Dec. 2011. Warren, Christina. "4 Ways In-App Purchasing Will Change Mobile." Social Media News and Web Tips â Mashable â The Social Media Guide. 19 July 2011. Web. 11 Dec. 2011. <http://mashable.com/2011/07/19/in-app-purchases/>. Kats, Rimma. "Domino’s Pizza IPhone App Generates More than $1.3M in Sales." 12 Jan. 2011. Web. 11 Dec. 2011.

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