Research 5 papers and the fifth page is gonna be resources. The topic is (The impact of technology on enterprise) at less 8 paragraph and 6 racecourses

Question

David · Accepted Answer

pg. 1 
 
Impact of Technology on Business Enterprises 
The relation between innovative technologies and the growth in 
realm of businesses is a proven fact and it is a truth that technology 
has some positive impact on business enterprises both large and small. 
It is a fact that “No matter how big or small…company is, technology 
brings both intangible and tangible benefits to become cost efficient 
and to meet the growing demands and needs of customers” (Hohn, 2011). 
It is an undeniable fact that if technologies like computers would not 
have been invented then the shape of today’s corporations would have 
been different. So, to understand the relation between technological 
innovations and business growth and to ascertain the impact of 
technology on large and small business enterprises we must analyze the 
importance of technology in the realm of these enterprises.  
Today’s enterprises are thoroughly dependent on technology and 
this dependency is observable in the entire work atmosphere and 
structure of the corporations. Studies have revealed that 
“Technological innovations affect corporate efficiency, culture and 
relationship among employees, clients, suppliers and customers” (Hohn, 
2011). Technology plays a decisive role in enhancing the efficiency of 
large and small businesses. At present, if observed carefully, it can 
be found that business enterprises are keen to employ effective 
information technology to increase their customer base and moreover, 
almost all types of business enterprises either have installed 
communication or automation technologies to increase employee and 
business efficiencies or they are inclined to install such 
pg. 2 
 
technologies in the recent future to bring about growth in their 
businesses. Moreover, “Innovations in information and communication 
technology (ICT) are driving both globalization and the change of 
value creation towards services” (Jetter, Satzger, & Neus, 2008). 
Harnessing the power of information technology can contribute a 
lot in the improvement of business processes and this in turn can help 
the enterprises to accomplish the objective of profit maximization. If 
keenly observed it can be found that “The Internet has transformed 
businesses allowing communication to take place instantaneously as 
opposed to older, outdated methods. There is no question that 
technology has propelled businesses to new heights and has been a 
boost to productivity” (“Technology Impact on Business Opportunities”, 
n.d.).

Research 5 papers and the fifth page is gonna be resources. The topic is (The impact of technology on enterprise) at less 8 paragraph and 6 racecourses

Solution

Answer To This Question Is Available To Download

Related Questions & Answers

Submit New Assignment