Today, most of the businesses are highly influenced by the
technology. Paper-filing business are now going paperless. Old
typewriters are now replaced with servers and personal computers.
Traditional, face-to-face conferences are now replaced with the
networking models. Technology have now become the integral part for
running a successful business.
The information age have now converted the business into a digital
component. For example, traditional paper-filing system is now replaced
with databases that holds information of the customers and also
retrieves becessary information within seconds. Also, accounting process
are made easy by the technology and this technology helps to maintain and track the records without any confusions.
Businesses can be extended worldwide and international markets can be
analyzed without any problem. The money transactions can be done within
few minutes by just pushing a button and also complete transaction records
can be retrieved anytime. With the introduction of emails, customers
can be contacted quickly and easily, also this helps in building trust
and relationship with the customer.
Cellphones allow the sales person to sell their product or service
remotely and more conveniently. More changes started happening in the
business with the introduction of cloud computing, a technology in which
multiple business operations
can be done on the Internet. With this technology, companies can simply
purchase software access without actually buying a software or
installing software on their system. Business can be advertized or
marketed easily through the social networking sites as the business can
catch greater number of new clients in these sites.
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