How has technology revolutionalized business.

Mikes smithen

Verified member
In so many ways a particular business organization can be impacted or affected by technology itself. Technology and modernization has advanced even to the distant part of the Earth and a lot of individuals are making use of this technology in their businesses. Long before now a lot of individuals would always carry out business activities using crude and obsolete means but now they use of technology has made it easier for most businesses to be able to carry out activities with only spending fewer hours or time thereby being able to maximize time since it is a crucial asset.

With the use of technology a lot of businesses have been able to effectively transport raw materials and finish goods from one area to the other and also be able to gain knowledge and experience in a particular line of business so as not to be vulnerable to failure.
 

Nite

Valued Contributor
Technology has greatly advanced the way businesses operate and has made it easier for people to conduct business activities. With the use of technology, businesses are able to save time and increase productivity, which leads to better results. It has also opened up opportunities for businesses to expand and grow by easily accessing and transporting raw materials and finished goods from different parts of the world. Technology has also made it possible for businesses to gain knowledge and experience in a particular industry, which helps them stay competitive and avoid failure.
 
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