How Has Technology Impacted the Global Business Environment? by Bill Faulkner, Ehow Contributo

Topics: Global Positioning System, Material, Raw material Pages: 3 (556 words) Published: September 5, 2013
How Has Technology Impacted the Global Business Environment? By Bill Faulkner, eHow Contributor


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Technology has had a tremendous impact upon the global business environment. Communication, transportation and production efficiency are various areas of business which have been enhanced by the development and improvement of technology. As continual enhancements are made, the world continues to "grow smaller" and businesses have further reach than ever. Other People Are Reading

The Business Benefits of Information Technology
The Impact of Technology on a Business Environment
oThe most important technological development to impact the global business environment is the world of computers. There are various programs which help maintain records of inventories and shipments. Email allows for instantaneous communication almost anywhere in the world. Besides its speed, email is easily forwarded and retained. The communication in the global business environment is improved with the use of email. The impact of computers on the global business environment is wide-ranging and also includes the Internet, which is a useful tool for international companies. By using the Internet, companies across the world can perform research and learn more about partners and suppliers. 2.Conference Calls and Video Conferencing

oConference calls allow people in multiple locations to be involved in the same conversation. Video conferencing provides the same service, but with the added benefit of all parties being able to actually see each other. Both of these forms of communication have a definite impact on the global business environment. With either form of technology, a parent company in Norway can have a conversation with a raw material supplier in Brazil and a manufacturing plant in Taiwan. This improves communication on a global scale and enables all parties to understand specific plans and agreements. o...

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