During the 21st century, world’s technology has developed in many ways.

There
are both positive consequences along with some negative consequences. Given as
an example technology has enabled and help many businesses to grow effectively,
which, so far, has been pretty revolutionary.

Organizations, both large and small, use technologies such as websites, Artificial
intelligence (AI) or digital devices to facilitate their work. In addition to the
automatic functions, technology has revolutionized communication in various
ways including businesses. Which nowadays people usually interact by using
electrical devices which is way easier to communicate and to provide information
in the business world. Moreover, the internet gives the opportunity for businesses
to advertise their products and services in a very effective way. For instance, it is
easier to specify the target audience and the target market, being able to compare
the popularity and the effectiveness of their products to the other competitors in the
market and most importantly the customer’s feedback and suggestion is also
accessible. On the other hand because of the accessibility of these technologies.
Inevitably, there are chances that hackers could easily steal your data and
information, and there is also a chance that any of your employees could leak your
company’s information like emails with clients.
Moreover, some employees may overly rely on their business technology to
complete tasks and This could easily cause errors in some tasks that should have
been done manually.

As evidenced in the discussion above, technology has had a revolutionary effect on

businesses. In the future technology would play an important role and will effect on
businesses than in the past. Therefore its vital for people in the business industry to get
acquaint with the future technology in order to be able to keep their relevance in the
business industry.

Blum, Jonathan. 10 Tech Trends Defining the Future of Small Business 2012. Web.
McGrath, Jane. How has technology changed the way we conduct business? 2012.
Web.Vitez, Osmond. The Impact of Technological Change on Business Activity, 2012.