"Stage 2 Business and Enterprise Practical Technology in Business CONTENTS PAGE Executive Summary The role of technology in business Factors that affect use of technology Impact of technological change Conclusion Bibliography Executive Summary Technology has had an enormous impact on modern business and its usage is increasing rapidly. As each year passes, businesses are relying more and more on technology to increase their efficiency by completing complicated and mundane jobs; it helps save time and money. The report will examine the role of technology in the business workplace. It will study the factors that affect the use of technology, examine the impact of technological changes and the need to increase and maintain training of employees to meet the ongoing development in technology. A variety of sources including discussions with a lawyers assistant, Maria Alimi, as well as different media were used to provide information for this report."

The role of technology in the business workplace

Technology is a necessity in todays business environment. Technology offers a much faster, more convenient and more efficient way of working. There are a number of ways technology is used in businesses such as accounting systems, storing, purchase orders, management, information systems, point of sales systems and payroll details. It can be used for the owner to determine whether the business is going well or not, the level of cash flow, whether invoices are being sent out on time, whether accounts are being paid on time and whether the staff are getting the correct pay.

In the modern world almost every organisation, industry or institution globally is reliant on technology whether it is for research and development, or production, or even delivery. For example, the use of robotics in the production of cars has had a great impact o…(short extract)