Axis
Valued Contributor
Technology absolutely plays a very important role and duty in the growth and development of businesses. Long before technology was actually introduced into business, majority of business owners and business managers will absolutely carrying out old and crude method of business activities. However one of the Major and mandatory problems of this old and crude method of business practices include erroneous decision making and ineffective aggregation of business data. Technology brought about the use of computers which are used in businesses and in commercial offices today. The use of this computers are basically used in business organisations and companies as well as commercial Enterprises to documents financial transactions as well as sales and purchases for the day. The use of the computer to perform activities like this help for easy decision making and easy retrieval of important business recorded status and data.
Technology have also assist in businesses especially manufacturing industries in the area of transforming raw materials into finished products which can be sold either on the local market or through online platforms. Technology has brought about gadgets such as the smartphone and other devices that can access the internet. The internet is also a product of technology, with the use of the internet businesses can absolutely engage in other methods of marketing products and promotion of business goods and services. Some of this methods of marketing that the internet have provide for business marketers and for product promoters includes, social media marketing, influencer marketing, web marketing, digital marketing etc.
Technology have also assist in businesses especially manufacturing industries in the area of transforming raw materials into finished products which can be sold either on the local market or through online platforms. Technology has brought about gadgets such as the smartphone and other devices that can access the internet. The internet is also a product of technology, with the use of the internet businesses can absolutely engage in other methods of marketing products and promotion of business goods and services. Some of this methods of marketing that the internet have provide for business marketers and for product promoters includes, social media marketing, influencer marketing, web marketing, digital marketing etc.