Business Technology Essay Example | Topics and Well Written Essays - 750 words

Business Technology - Essay Example It actually enhances the communication process between people and the organizations. Despite the advantages, several demerits and disadvantages of the application of advanced technology in the business process affects the relationship between an individual and his or her particular organizations, such as bank, school or shops. Several business organizations and banks are implementing online transaction system in the business processes to bring efficiency in the payment making process. People are still trying to avoid this online payment process due to the threat of account hacking by cyber thieves or theft of privacy or personal relationship. In terms of social relationship between friends and families, lack of security in several social media networking sites allow people to access the accounts of different users. These issues generally affect the social and business relationship of people. It is clear from above discussions that the introduction and implementation of technology in daily operations have several advantages as well as disadvantages. Online shopping, online order placing, online distribution, online application and e-CRM are the several advantages of the implementation of advanced technology in the business operation process. In addition to this, emergence of several social media networking sites help people to maintain effective relationship with the friends, families, colleagues and several business organizations (Sternheimer, 2013). But, issues like, online hacking and theft of privacy is affecting the relationship between the people and their respective organizations. It is important for both the users of technological equipments or applications and the organizations to maintain efficiency in the adoption and... This essay approves that several demerits and disadvantages of the application of advanced technology in the business process affects the relationship between an individual and his or her particular organizations, such as bank, school or shops. Several business organizations and banks are implementing online transaction system in the business processes to bring efficiency in the payment making process. People are still trying to avoid this online payment process due to the threat of account hacking by cyber thieves or theft of privacy or personal relationship. In terms of social relationship between friends and families, lack of security in several social media networking sites allow people to access the accounts of different users. These issues generally affect the social and business relationship of people. It is clear from above discussions that the introduction and implementation of technology in daily operations have several advantages as well as disadvantages. Online shopping, online order placing, online distribution, online application and e-CRM are the several advantages of the implementation of advanced technology in the business operation process. This paper makes a conclusion that organizations are using advanced technology in the business processes in order to maintain strong relationship with the target customers. Despite the advantages, people can face several through these online business or social applications.