How Technology Has Impacted The Business World Essay

1125 Words Nov 21st, 2015 5 Pages
Over the course of human history, we have always done business of one kind or another. From transactions in the market, to transactions in the stock exchange; business is everywhere. Business is simply the means of exchange, between two or more people. The only thing that is changed about business is how we communicate with others: the tools we use to control these same transactions. In the past we have had various ways to communicate, such as: in person conversations, letters, telegrams, telephones, email, etc.
The smartphone has completely revolutionized how we do business, with both positive and negative consequences thrown in the mix. Compared to our prior methods of communicating, it is the limited unlimited. It is capable of so much, and yet not capable of everything. This particular form of technology has positively impacted the business world as a whole, because smartphones have improved: the speed of communication, the distance workers can be from the office, combined other methods of communication, changed the shopping habits of consumers, made a new market, and changed who is able to conduct modern business. Without the smartphone, we wouldn’t be able to conduct as much business as quickly as we do.
Workers can save time, in their day, by using smartphones. By the use of the smartphone, workers are able to pull up documents coworkers have made, even when they are working on them. They don’t have to go grab a laptop or other device, to reference data (Burg 2013).…

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