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Year 12 business studies the effect of technology on business operations
Year 12 business studies the effect of technology on business operations
Year 12 business studies the effect of technology on business operations
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The explosion of technology innovations within recent years has created a multitude of new and exciting ways for companies to conduct business. We now have technologies such as robotic manufacturing, electronic mail, online videoconferencing, and global networks to connect everyone and everything. Small and medium businesses are now able to cross all traditional boundaries that limited them in the past. Technology has fundamentally altered the way businesses are structured and changed the ways in which managers perform their duties. Communication is essential for any business and for a business to survive in this modern environment managers must effectively manage all of these technologies (Robbins, and Coulter 60).
In the past, business would be conducted in person; face-to-face with the people you are working with. Employees would show up to an office to complete their work. Sales people or other company representatives would travel to distant locations to take care of business. Often they would have to find a phone or simply wait until they returned home to communicate the latest news. Business meetings would be scheduled weeks in advance and accommodations would have to be made for people to travel and stay for a few days. Documents would be passed around from person to person for changes and updates. To send documents out of the office to partners or customers, they would be sent using “snail mail,” which could take several days. Today this is no longer the case.
Dozens of technologies have become commonplace to allow a variety of different communication options as well as some non-traditional work schedules. Cell phones enable global communication. Company websites, blogs, and wikis allow a business to directly communica...
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...nt threat to company resources. In order for a business to reap the benefits of technology, managers must successfully navigate through all of these challenges. Technology has allowed for some of the greatest innovation within the business organization and it is on track to continue well into the future.
Works Cited
Bughin, Jacques, Michael Chui, and Andy Miller. "How companies are benefiting from Web 2.0." McKinsey Quarterly. (2009): Print.
Greenemeier, Larry. "DATA THEFT, PUSHBACK, AND THE TJX EFFECT." InformationWeek 13 Aug. 2007: 36. Print.
Robbins, Stephen, and Mary Coulter. Management. 10th ed. Upper Saddle River, New Jersey: Pearson Education, Inc., 2009. 60, 196-197, 326-328, 356. Print.
Solomon, Michael, and Mike Chapple. Information Security Illuminated. 1st ed. Sudbury, MA: Jones and Bartlett Publishers, Inc, 2005.61-66, 100, 112, 120. Print.
Technological developments and improvements have allowed for businesses to communicate information faster and better by the use of email, live chats, and video teleconferencing. These enhancements allow for a faster flow of information in which a business can easily distribute and receive responses in real-time from its customers. It helps employees to function more efficiently by using software programs such as word processing, spreadsheet tools, statistical analysis software and computer aided design programs. With the growth of the internet and social media, businesses expose its products to a larger customer base. Others advances such as inventory management software are able to track and fill orders, and replace stock when the volume fails a pre-determined quantity at much faster rates. Digital storage of documents and information on servers and multi-media storage
Coulter, M., Decenzo, D. A., & Robbins, S. P. (2013). Fundamentals of Management (8th ed.). Upper Saddle River, New Jersey: Prentice Hall.
Management 3rd edition, Kathryn M. Bartol & David C. Martin (Boston, Massachusetts Burr Ridge, Illinois Dubuque, Iowa Madison, Wisconsin New York, New York San Francisco, California St. Louis, Missouri 2008), p36, 37, 41
Traditional hierarchical companies are now flattening their leadership models to facilitate involvement of staff, throughout all levels within their organization (Gil-Estallo, Dolors, Aparicio-Valverde, Ferruz-Periz & Escardibul-Ferra, 2000). Technology advancement provides the mechanisms for this communication to occur in the form of emails, shared sites, instant messaging, teleconferencing and a host of other alternatives to face-to-face
Jones, G. R., & George, J. M. (2011). Contemporary management. (7 ed.). New York, NY: McGraw-Hill.
Robbins, S, DeCenzo, D, Coulter, M and Woods, M 2014, Management: The Essentials, 2nd ed, Pearson, Frenchs Forest, NSW.
Robbins, S, DeCenzo, D, Coulter, M & Woods, M 2011, Management: The Essentials, Pearson Australia, NSW, Australia, 1st Edition
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