How technology involvement in business effects its growth.

[CALVINDOL]

Technology does not only grow a business but rather it helps to fasten and ease up the smooth free flow of business activities within and outside the business organisation. A good example on which technology has so much impacted business could be seen in manufacturing and producing companies and industries where raw materials are being transformed into finished goods and in the process of transforming these raw materials into finished goods, there is a combination and assembling of these raw materials which are carried out by machines and equipment specified for that purpose. These machines were made available as a result of technology expansion in the field of business. In most business organisations offices contained in them, a field with office equipment and machines necessary for the documentation, for the filing, for the calculation, and for the interpreting of business that is for the purpose of finding out the financial stability and standing of the business organisation.

With the use of technology, raw materials and finished goods can be transported from where they are been produced to where they are to be sold and possibly from where they are gotten to where they are to be transformed into finished goods. There is absolutely no area of business that has not been impacted by technology. It is also advised that a business owner instill the use of technology in his or her business because by involving technology in business there is an sure success of business prosperity.

 

[TOZZIBLINKZ]

The present involvement of technology in business has totally booked the ability for a business to make sufficient and put an expected adequate profit and that is absolutely necessary especially in large-scale business organisations that are usually field with a whole lot of responsibilities and duties and in order for this responsibilities and duties to be sufficiently and adequately handled they need to be more faster hands in assembling and also in the packaging of this goods and services and thanks to technology machines and equipment for that have been made available.

Large business organisations are more likely to encounter a large amounts of customers and clients and so in order to sufficiently and adequately give to these customers and clients their expected wants and needs their by satisfying their desire they need to be fast and Swift in doing so. Technology as a result of business machines and equipment has totally help in this criteria.

 

[Richee84]

Technology is very important to the growth of any business. For any business to and compete favourable well among it other competitors then such business owner must adopt the use of technology to improve his or her business.
Technology in business has a lot of advantages which h I will be discussing below;
1) Technology in business help to improve the standard of the company products.
With the use of technology the company product can be further improve upon to satisfy their customers better than before.
2). With the help of technology production of product are very fast. The company are able to increase their level of production with the help of technology. When production are fast it help the company to meet it customer demand as at when due.
3) Technology help to make the delivery of product and service very fast than before when customers will have to wait for months before they can access their goods. Most businesses owner have employ the use of technology in the delivery of their products and service to their customers
4) Technology has also help most business owner or entrepreneur to get feedback from their customers faster than before. This will help them to know where to improve on in their products and service.

 

[Mastergp]

The world is taking a different shape so a business need to revolve technology have going change the world positively and many business are making use of technology in order to succeed.

Any business that refuses to make use of this modernize technology usually fine it hard to succeed because this technology makes production and distribution in a business easy and fast what a person can do for a say can be done in 30 minute using the right technology for the work, and it help reduce the rate of manpower in that business.

Another thing that could slow owning this technology is maintenance and high cost to purchase this items many people prefer using other means for production instead of new technological means this I not nice because if others around us ales use of this tech and we refuse to do so many client of our client may want to patronize him instead of us because of high level is speed put in the work and finishing of that product.