***TRAYWRITER99*** Assignment 3: How is Technology Changing the Face of Business Today?

Running head: HOW IS TECHNOLOGY CHANGING THE FACE OF BUSINESS TODAY? 1

HOW IS TECHNOLOGY CHANGING THE FACE OF BUSINESS TODAY? 2

How is Technology Changing the Face of Business Today?

Sherry Crowe

B6111 A01 Managerial Applications of Technology

Argosy University

December 1, 2015

“The continuous evolution of technology is changing the way we do business, the dynamics of the workplace, and what we perceive is possible (Marius, 2012).” Technology is changing the face of businesses today both by supply and demand. Other ways that technology is changing are productivity, communication, resourcing, efficiency and optimization, cost management, and interaction and participation.

Technology today affects almost everything in our lives, not just in businesses. “As computers emerged in the 20th century, they promised a new age of information technology. But in order to reap the benefits, businesses needed to adapt and change their infrastructure. For example, American Airlines started using a computerized flight booking system, and Bank of America took on an automated check-processing system (McGrath, 2008).”

Reference

Marius, M. (2012, March 14). 6 ways technology is changing the way we do business. Retrieved December 1, 2015, from http://www.ict-pulse.com/2012/03/6-ways-technology-is-changing-the-way-we-do-business/

McGrath, J. (2008, June 10). How has technology changed the way we conduct business? Retrieved December 1, 2015, from http://money.howstuffworks.com/technology-changed-business1.htm