Technology’s Impact on BusinessWe began communication thru

telegraphs, telegrams, and later thru telephones. We advanced to fax

machines in order to transfer files. Today we are able to connect with others through various methods

instantly.

Smart phones are enabling the world to conduct business in an even more

astounding way. Bar codes presented on a Smart phone are scanned to purchase items or services. Smart phones also

connect us to applications that allow us real-time information updates in the world

of business.

Technology Today

Technology enables us to:

Communicate instantly across the worldHave documents arrive instantlyConduct business meetings hundreds of miles apartPerform E-commerceAttain worldwide exposure through Internet Marketing

Video Conferen

cing

Video conferencing is another important communication tool for businesses. A doctor can access and diagnose a patient in

the middle of the night without having to make a physical appearance at the hospital. A company can communicate with other businesses worldwide without having to travel.

The Future of

Technology

Before your computer will allow you access to the internet, you must have an iris or

fingerprint scan confirming your

identity. This could help businesses deter

embezzlement, inventory shrinkage,

and identity theft.

Acceptance and Growth

Businesses should

embrace and grow

alongside technology in order to reap its full

rewards.