| Technology plays a vital role in business. Over the | | | | Without this technology the idea of globalization |
| years businesses have become dependent on | | | | wouldn't have become a reality. Now all enterprises |
| technology so much so that if we were to take away | | | | have the potential to go international through the use of |
| that technology virtually all business operations around | | | | the internet. If your business has a website, that |
| the globe would come to a grinding halt. Almost all | | | | marketing tool will allow your business to reach clients |
| businesses and industries around the world are using | | | | across thousands of miles with just a click of a button. |
| computers ranging from the most basic to the most | | | | This would not be possible without the internet. |
| complex of operations. | | | | Technology allowed businesses to grow and expand |
| Technology played a key role in the growth of | | | | in ways never thought possible. |
| commerce and trade around the world. It is true that | | | | The role that technology plays for the business sector |
| we have been doing business since time immemorial, | | | | cannot be taken for granted. If we were to take away |
| long before there were computers; starting from the | | | | that technology trade and commerce around the world |
| simple concept of barter trade when the concept of a | | | | will come to a standstill and the global economy would |
| currency was not yet introduced but trade and | | | | collapse. It is nearly impossible for one to conduct |
| commerce was still slow up until the point when the | | | | business without the aid of technology in one form or |
| computer revolution changed everything. Almost all | | | | another. Almost every aspect of business is heavily |
| businesses are dependent on technology on all levels | | | | influenced by technology. Technology has become |
| from research and development, production and all the | | | | very important that it has become a huge industry |
| way to delivery. Small to large scale enterprises | | | | itself from computer hardware manufacturing, to |
| depend on computers to help them with their business | | | | software design and development, and robotics. |
| needs ranging from Point of Sales systems, | | | | Technology has become a billion dollar industry for a |
| information management systems capable of handling | | | | number of individuals. |
| all kinds of information such as employee profile, client | | | | The next time you browse a website to purchase or |
| profile, accounting and tracking, automation systems | | | | swipe a credit card to pay for something you just |
| for use in large scale production of commodities, | | | | bought, try to imagine how that particular purchase |
| package sorting, assembly lines, all the way to | | | | would have happened if it were to take place without |
| marketing and communications. It doesn't end there, all | | | | the aid of modern technology. That could prove to be |
| these commodities also need to be transported by | | | | a bit difficult to imagine. Without all the technology that |
| sea, land, and air. Just to transport your commodities | | | | we are enjoying now it would be like living in the 60's |
| by land already requires the use of multiple systems to | | | | again. No computers, no cellular phones, no internet. |
| allow for fast, efficient and safe transportation of | | | | That is how important technology is in business. |
| commodities. | | | | |