4. How has technology changed
the way we conduct business
● Transmissions of information has
quickened up, so that change has
large implications for the way of
business.
● For example, Wireless Internet, cell-
phones and blackberries have
eased the work from home.
5. Effects of Technology on
Business
●Outsourcing
–Technology is closing the gap of distance.
–Companies can hire employees remotely.
–Outsourcing cuts the cost 30~70%.
–Outsourcing is controversial to hurt the job
market.
6. Effects of Technology on
Business
● Radio frequency identification
– Attach a microchip to products
– The microchip stores some information.
● Handheld devices
– Example:BrackBerry
– They includes mailer and browser
7. Internet Business
● What Internet enabled
– Online booking
– Online bill pay
– Selling products online etc.
● Some issues in online business
– Security
– Privacy
– Copyright
8. Internet Business
● Targeted Advertising
– When you google a word, the search
engine lists up the sponsored
advertisement related to the word.
– Companies can set the words that have
search engine show ads when the word is
searched.