How Does Technology Affect Business?

Answer

Since technology was invented many business have benefitted a lot from it and as information travels faster and faster and more reliably, barriers of distance disappear, and businesses are realizing how easy it is to outsource jobs overseas again the Radio frequency identification (RFID) technology is infiltrating and changing business significantly in a few ways, one begin to tighten security at their organization place.
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Some of the external factors that affect business include: competition, social changes, legal restrictions or policies, technology, taxation issues and political ...
The business will be affected as the value of all required raw materials like oil, steel and copper increases. This will also have impact on turnover as there ...
Politics can affect businesses on a variety of levels. The main area to look at are the tax benefits. On one level some politicians may offer tax incentives to ...
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