Technology plays a fundamental
role in business. Over the years, businesses have become reliant on technology
so much so that if we were to subtract that technology in effect all business
operations around the world would come to a crushing halt. Almost all
industries and businesses around the world are using computers ranging from the
most indispensable to the most intricate of operations.
Technology played a major role
in the growth of trade and commerce around the world. It is factual that people
have been doing business since time ancient times, long before there were
computers; starting from the undemanding idea of barter trade when the notion
of a currency was not yet introduced but commerce and trade was still slow up
until the point when the computer insurgency transformed everything. Almost all
businesses of Mike
Giuffrida are reliant on technology on all stages from research and
production, development and all the way to deliverance. Small to large scale
ventures rely on computers to help them with their business requirements
starting from Point of Sales systems, information management systems competent
of handling all types of information such as client profile, employee profile,
accounting and tracking, package sorting, automation systems for use in large
scale production of commodities, assembly lines, all the way to communications
and marketing. It does not end there, all these commodities also have to be
transported by land, sea, and air to Hartford and Southington. Just to move the
commodities by land already necessitates the use of several systems to allow
for efficient, fast and safe transportation of commodities.
Without this technology the
thought of globalization would not have become an actuality. Now all businesses
have the prospective to go international through the usage of the internet. If
a company has a website, that marketing means will allow the company to reach
clients across hundreds of miles with just a snap of a button. Technology
permitted businesses of Mike Giuffrida to
develop and increase in ways never thought achievable.
The function that technology
plays for the Mike Giuffrida’s business cannot be undervalued.
If people were to take away
that technology commerce and trade around the world will come to a decline and
the global economy would disintegrate. It is nearly unfeasible for one to carry
out business without the support of technology in one
form or another. Almost every part of business is greatly influenced by
technology. Technology has become very significant that it has become a huge
industry itself from computer hardware manufacturing, to software development
and design, and robotics.
The next time one browses a website to swipe or purchases a credit card
to pay for something a person just acquired, try to envisage how that specific
purchase would have taken place if it were to take place without the help of
modern technology. That could prove to be a bit hard to visualize. Without all
the technology that people are benefitting now it would be like living in the
60's again. No cellular phones, no computers, no internet. That is how
significant technology is in business.
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