The current global business environment is being strongly shaped by the rapid advancement of technology. It should be noted that the past decade has ushered technological developments beyond the imagination of individuals and has hugely influenced of business organizations…
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In the next ten years, the impact of the internet technology is expected to influence companies especially in developing and emerging economies where its benefits still remains unharnessed. The internet technology is projected to facilitate more and more transactions online among business parties and even individual consumers (Kotler and Armstrong 2002). Let us write or edit the essay on your topic "Technological Changes" with a personal 20% discount.. Try it now The snail mail will be eliminated and be replaced by electronic mails as more efficient means of communication. More purchases transaction between retailers and buyers will also be observed.
Because of these improvements in the market which is facilitated by the increasing internet literacy, D Package Express will be handling less mails or smaller packages containing mails to customers and business. However, with more global purchases facilitated by the internet technology, mail packaging and supplies will be used in order to ship packages globally. As customers constantly seek products through online transaction, they connect with more suppliers which can provide them with more valuable products. As emerging countries will also shop online, D Package Express will also be given the chance to expand its horizons with the possibility of opening up new outlets in these locations in the future.
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The author states that both the changes brought about a revolution in the respective industries. Quantum technological change makes a huge impact on the organization as it affects the way the organization operates. Incremental technological change refers to the refinement of the existing products or the way the products are produced.
It involves the scientific ideologies that intend to solve human problems and make life simpler. Information technology as part of technologies has experienced most innovations in recent developments in the field of science. Technologies utilize modern communication channels that enhance understanding within organizations (Baste 2002).
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In recent times the pace at which the changes have come poses a major challenge for organisations to adapt to these changes and use the benefits to improve productive use of available resources. The challenges and opportunities also bring possibilities of failure for industry and companies who can not foresee the changes and take timely action.
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