Technology Help or Hindrance, Managers have had to learn how to balance technology, and to use it wisely to accentuate their business model. The Digital Age has reshaped the landscape of business forever; however with the transformation new problems arise. With the creation of the Windows operating system users had the ability to use a graphic interface instead of a command line; this single event transformed the modern business into what it is today as it opened up new software possibilities. Your Answer Is Very Helpful For UsThank You A Lot! Organizations developed business lines that would incorporate this technology. Space. Despite the hypothesis of the researchers, which stated that technology had little to no effect on the business value, their research proved otherwise (pg. However the researchers found that both businesses and the residents were connected with technology. The early 80’s ushered in the invention of the personal computers (pc). Some of the articles were written using outdated references; in fact one article in particular used data that was seven years old at the time of publishing; since technology changes so rapidly the article was outdated before it was ever written. Technology can help small business owners leverage limited capital in smarter, more effective ways. Businesses are tasked with adopting the newest form of technology or face adverse market conditions. There are so many areas where businesses are affected by technology that it is difficult to monitor all of the changes. Here you will also find the best quotations, synonyms and word definitions to make your research paper well-formatted and your essay highly evaluated. New technology enables a new set of disruptors for operating, competing and gaining market share and increasing profitability. Blockbuster which was previously discussed hesitated in the face of a major technological shift and suffered greatly because of it. Strategic Thinking. Visual Design. Businesses use certain software that is suitable to their needs. In a recent study the researchers addressed the question of positive and negative feedback through the use of social media. The technology industry is a collection of business models that create and capture value using technology. The whole doc is available only for registered users. One of the key areas in this subject addressed how corporations were effectively using technology to reduce travel. Organization theory & design (11th ed.). With the advent of new technologies businesses have the ability to lower their overhead, so now when they lower prices they can still realize a profit. It was their contention that with the use of social media an organization could gain a competitive advantage. One key element of the logistics process is the tracking of shipments. Despite technological advances managers are people movers and they still have to be able to communicate effectively with their staff. Computers allow managers to make split second decisions based off of real time data, however according to the article by McGee, he states that despite technology managers still need to be effective communicators; and they need to “use a rounded approach to management” (McGee, 2011). The modern era of technology was born during the Second World War; this was the coming of age for the computer. Personal computers were then able to be manufactured and sold to consumers. 30 Iss 4 pp. EVALUATION THE ROLE OF INFORMATION TECHNOLOGY IN BUSINESS VALUE PERFORMANCE (BVP). The study was based on a survey of 2000 small business companies, and effectively revealed that small business wants to incorporate technology; the younger entrepreneurs want to do it with the last impact to the environment. The study conducted a series of interviews on potential users and found that the majority of managers would adopt this technology as it would have an effect on their business model (Cavalcante, 2013). Technology through the use of social media and internet advertising is important for the well-being of the company. Before the steam hammer men would use axes and picks to break rock, however with technology mountains could be moved and the railroad began to flourish all over America. Technology has evolved where almost every person is affected by some sort of modern technology. Conclusion, The purpose of this paper was to discuss how technology has transformed business and to review scholarly articles that addressed this subject. Technology has a role in the business model of the modern organization but they must ensure it is accessible in time of difficulty. It is important to note that the positioning technology was not currently available; therefore no actual users had tested the system. Technology has opened up new doors of possibility especially in the area of training. In an article by Mr. McGee he addressed this paradox of help or hindrance. A recent study focused on small business and how technology was vital to their business. One article discussed how rural Appalachia was able to transform their businesses with the use of technology despite the social norms that surround a small backwoods rural area. Netflix entered the market with a new form of delivery system for video rental and it revolutionized how consumers were able to rent movies.

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