Technology & Business

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Fabrikam, Inc.

Technology &
Business
How technology has
influenced businesses?
Use of Technology
What technological device do
you rely on the most? Why?

Was its use increased during Technology


the pandemic? Why? Internet

Covid - 19
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Technology

Refers to the tools and


machines that people have
invented to make life easier.

Inventions such as the radio


and television entertain and
inform us. Computers changed
the way business are
conducted.

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The Impact of
Telephones
Before there was a telephone, communication had to be face to face or in writing.
Telephone became a big business because of its usefulness. Similarly countless
inventions have changes the way we live, work and do business.
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The Impact of
Telephones
How does life before the telephone compare to life after its
invention?
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Technological Innovations

Technological Innovations

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Think About It

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Cellphones

Program Meeting Internet Access?


Send & Receive Make & View
Take Photographs
Emails Videos Set up a Calendar Endless tools

What other uses does a Cellphone have?

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E-Workforce

E-Workforce E-Commerce
○ People who work with ○ Use of the internet to do
computers while doing business, which means
business. According to the businesses can reach customers
Bureau of Labor Statistics directly anywhere in the world.
more than 77 million workers
use computers daily

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E-Tail
Electronic retail. Sell
products over the
internet through e-
commerce
 There are also companies that are
multi-channel retailers that use
various methods to sell their
products.
 Brick and mortar name given by
businesses to their actual buildings.
 Businesses that also use the Internet
are called clicks-and-mortar

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E-Tail
Electronic retail. Sell
products over the
internet through e-
commerce
 There are also companies that are
multi-channel retailers that use
various methods to sell their
products.
 Brick and mortar name given by
businesses to their actual buildings.
 Businesses that also use the Internet
are called clicks-and-mortar

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Suppose you run a business that
develops Web sites for e-commerce.
You charge a flat fee of $2,700 to
create a Web site. One of your
clients also pays you a $15.00 bonus
for every seven people who visit the
site. How many people need to visit
the Web site in order for you to
match your fee for creating the Web
Bonus
site. Write an equation and solve it. Academic Skills - Mathematics

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○ It links all the steps in a process
digitally.
For example, a digital workflow has
greatly influenced the publishing and
printing industries. Authors, editors,
marketing, manufacturing and archiving
departments can work together at a
seamless electronic space.
○ Libraries catalogs and encyclopedia are
available on digital format. Information
is at your fingerprint. Digital Workflow
New Jobs – Internet

The internet has created a demand for software writers, online


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Employment

Technology has created a


boom in many industries

 Printers
 Video Games
 Cell Phones
 Tablets
 Computers – Laptops
 Software

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Think About It

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Virtual Business – Basics of E-Commerce
Would you think of starting a Virtual Business? What advantage would your business offer over a traditional store?

Importance Basics of E-Commerce Advantages & Disadvantages

• The ease of doing business via • Everyone hooked up to the  Convenience


the Internet has created a boom internet is a potential customer.
in the new online business.  Choices
• E-tickets and E-tail are an
• The internet makes it possible to example of e-commerce.  Easy
communicate online with ẋ Buying Power (overspend order
customers and clients around the • E-tail is an electronic retail.
They sell products over the by mistake)
world.
Internet through e-commerce. ẋ Additional Charges
• Possibilities are endless.
• Companies that also sells their ẋ Immediacy
• How has Covid affected this type product in stores and by mail are
of business? called Multi-channel retailer. ẋ Relying on Observation

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Classwork Options

Option 1 Option 2

Think about a virtual business you would like Prepare a School Newsletter (Word Format) or
to create. What advantage would your (Canva) explaining in a creative way how
business offer over other businesses? Give technology has influenced and changed
general info. of how you would set up your business. Can make reference to the use of
virtual business. Can be presented as a Poster cellphones, computers vs what was used before.
or Infographic.

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