Business Studies- How Technology has Influenced Business and Society

Authors Avatar by danhardman24 (student)

Daniel Hardman



The purpose of this report is to explore and explain how: broadband, mobile communications, networks, home workstations and television communication benefit and worsen society and business- concluding with a recommendation of technology to 4688 Adventures.


Revolutionary with regards to the advance in speed and efficiency, broadband has changed the lives of innumerable people across the world- in both business and social aspects. The first impact broadband has on business is in existing firms. Due to the increased speed of broadband compared with dial-up, efficiency in developing new products (in such businesses as Samsung) and services (in such businesses as is increased considerably. Additionally, knowledge-based businesses, such as news providers, which are generally reliant on the internet to source a lot of their information can decrease time spent on sourcing the information and thus provide it to customers more quickly than competitors.

Join now!

Broadband’s high speed and efficiency also has an effect on new businesses. Broadband aids a vast amount of new businesses emerge by reducing barriers to entry in certain sectors. Although there are many ways in which this can occur, cloud computing is perhaps the most significant as it dramatically reduces the upfront capital and ongoing support costs of setting up in business and allows steady, flexible growth.

Many business employees are enabled by broadband to have flexible working patterns as a timeslot for internet use does not have to be regimentally allocated. These flexible working patterns not only ...

This is a preview of the whole essay