Leaving Cert Business Management Skills (Communication & ICT): Outline how developments in tech

Question

Outline how developments in technology have benefited business communications.

If you need to speak with an employee who is travelling in another country or you need to communicate with your supplier half way around the world, technology such as email and texting allows you to do so instantaneously. Urgent messages can be communicated rapidly and effectively using different technologies, including Skype and smart phone technology.

EDI (Electronic Data Interchange) greatly facilitates communication in a global market. Document transfer, automated stock ordering, details of trading figures etc. can be transmitted globally in a matter of seconds.

Professional networks like LinkedIn have revolutionized the way business people communicate with each other.

The Internet including social network sites such as Facebook and business networks such as LinkedIn have facilitated the global marketing of companies.

Network advertising, company websites and electronic payment networks have allowed global e-commerce to flourish.

Intranets or Local Area Networks (LAN's) allow employees within the organisation to communicate with each other more efficiently. Files can be sent quickly and paperwork is kept to a minimum.

Workers have no longer to be on site to communicate efficiently. Skype and virtual meetings/video conferencing allow workers to enjoy flexibility, work from home and communicate, cutting down on the costs associated with live meetings.

CAD (Computer Aided Design) has revolutionized the design process, making it much easier and faster to develop new products, allowing companies to rapidly quickly customer requests and needs. Allows designs to be saved, changed and reworked without starting from scratch. A product designed in one country can be sent electronically to another country to be worked by local designers to make it better suited to local needs.

ISDN (Integrated Services Digital Network) uses telephone lines to communicate, transmit and receive digital information. File transferring, video conferencing, etc. allow information to be transferred anywhere in the world. This greatly streamlines business operations and facilitates effective decision making.

Automated stock control systems/design technology/Robotics use technology to manage stock levels effectively and can reduce waste in businesses.

Outline how developments in technology have benefited business communications - Leaving Cert Business - Question 4(B) - 2014

Worked Solution & Example Answer:Outline how developments in technology have benefited business communications - Leaving Cert Business - Question 4(B) - 2014

Outline how developments in technology have benefited business communications.

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