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The Impact of Technology on Business

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The computer has introduced the world to the internet. The internet has brought us into a new age of development. Through computer technology and internet development, business are rapidly developing and at the same speed changing.

The introduction of computers has given business an interesting upper hand by supplying companies with endlessly amounts of information. The Computer age, also known as, the Information age developed an environment of free flowing information. Between the years of 1949-1975, various technologies were created that would eventually be combined and become what is now known as the computer. This technology made way for the invention of the Internet which was not created by anyone one person. The internet was original developed as a way to view files and information on a server. Several individuals such as Larry G. Roberts who invented the first long distance computer networks to Bob Kahn and Vint Cerf who invented the Transmission Control Protocol which moves data on the modern Internet and many others developed contributing technology that would later become the internet. (Cerf and Kahn)

The Web was developed by Tim Berners-Lee and Robert Cailliau in 1990. In 1989, while working at CERN, both men made proposals for hypertext systems. In 1990, they decided to work together and developed a joint proposal in which the term "World Wide Web" was created. Later, Tim Berners-Lee would go on to write the first web browser. (Berners-Lee) Upon its birth, the internet changed the world and more so progressed globalization. Although globalization already existed, the impact of internet technology on globalization included the modernization and improvement of business on a world wide bas...

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...ustomer base increased global output. Changing how businesses function in terms of advertisement, development, and employment. These change affect the average employee who must now meet the new demands of more technological advanced businesses.

Works Cited
Berners-Lee, Tim and Mark Fischetti. Weaving the Web: The Past, Present and Future of the World Wide Web by its Inventor. Britain: Orion Business, 1999.

Bhagwati, Jagdish. In Defense of Globalization. Oxford, New York: Oxford University Press, 2004.

Cerf, Vinton G. and Robert E. Kahn, “A Protocol for Packet Network Intercommunication.” IEEE Transactions on Communications. Vol. 22, No. 5, May 1974 pp. 637-648

Eadie, Donald. Introduction to the Basic Computer. New Jersey: Prentice-Hall, 1968.

“The Stock Market: A Look Back,” Investopedia.com http://www.investopedia.com/articles/basics/06/alookback.asp
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