Technology has changed business in several ways: it allowed for increased productivity and mass production in manufacturing during the Industrial Revolution; it made entertainment more widely available and affordable in the 20th century; and today automation and robots have further increased efficiency in manufacturing. Technology has also revolutionized retail and office work through personal computers, electronic point of sale systems, and email communication.
2. History
•The Industrial Revolution in Europe
allowed technology to be widely
implemented across the
manufacturing industry. Inventions
such as the cotton gin were used to
increase productivity, and mills used
machines to manufacture cloth from
cotton.
3. 20th Century
• The ideas behind mass production allowed
technology to become widely available at
affordable prices. This allowed
entertainment-based businesses, such as
movie theaters and radio stations.
4. Benefits in Manufacturing
• oday, technology has greatly benefited the manufacturing
industry. Increased automation and the introduction of robots
on the assembly line have allowed heavy goods such as cars to
be created quickly and efficiently.
5. Benefits in Retail
• The increased use of personal computers
has revolutionized office work. Specialized
computer programs can work to make all
aspects of office life run more smoothly.
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6. Advances
• Technology also increases the efficiency of
in store businesses. Supermarkets, for
example, make heavy use of the electronic
point of sale, or EPoS, system.
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7. Benefits in Offices
•The increased use of email
has had a direct impact on
office life. A company can
increase efficiency by
sending documents quickly