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Introduction to Business & Marketing
Technology Trends Introduction to Business & Marketing
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Explain the impacts of technology on employment, business operations, and global activities.
Task 59
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Did You know 4.0 As you watch this video clip, consider how technology has changed communication over the last 10 – 15 years.
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TECHNOLOGY AND BUSINESS
Technology has greatly impacted several areas of business and marketing in recent years, including: Computer Literacy Employment Business Operations Global Activities
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COMPUTER LITERACY Computer literacy includes the knowledge, skills, and uses of hardware and software systems. More than 96% of working Americans use computers daily . Software exists to handle just about any job previously done by humans. All age groups – children, teens, young adults, adults, elderly – are using computers in some capacity.
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TECHNOLOGY AND EMPLOYMENT
Impact of Technology Did you know? Resources for job seekers Electronic job application processes Electronic training processes Necessity for lifelong learning to update knowledge and skills 87% of people use the internet or a mobile app to search for employment. Online job search sites help people find job listings. Monster.com CareerBuilder.com SnagAJob.com
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Changing BUSINESS OPERATIONS
Technology has affected day-to-day business operations by making processes more efficient. Communication Planning & Management Finance / Accounting Working Remotely telecommuting, videoconference Use of Online Environment Working Remotely: telecommuting, videoconferencing
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GLOBAL ACTIVITIES Impact of Technology Business Without Borders
Communication Human Resources Manufacturing and Production Transportation and Distribution Technology is making it easier to conduct business globally! E-commerce Language Software Outsourcing Overseas Production Teleconferencing
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Concerns with Technology
Security Issues Identity Theft Failure of Technology Corrupt files Lost documents Hacking Hardware failure Make one recommendation to help “safe guard” against each of the concerns listed. For each concern, list one recommendation to help “safe guard” against it.
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Explain the impacts of electronic commerce on business and marketing
Task 60
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What is e-commerce? Describe the concept of electronic commerce and the way it is used for business & marketing.
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Brick-and-Mortar vs. E-Commerce
Using what you know, compare traditional stores with online retailing in the following categories: Taxes Pricing Customer Profiling Sales Tax vs. Use Tax Channels of Distribution Local vs. Global Marketing Reach
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Security Issues Privacy protect information from unauthorized parties
Integrity secure connection to prevent exchanged information from being altered or tampered with Authentication proof of identity for both the business and consumer Non-Repudiation Was the exchanged information received?
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Regulations Businesses that use e- commerce should clearly define the following policies: Shipping & Delivery Refunds Terms & Conditions how is customer information stored
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How it Works Amazon is Changing Business and Paving the Way for Ecommerce
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Current Events TASK Each student will identify one current event (news article) that illustrates one major concept related to e-commerce: taxes, prices, marketing & customer profiling, security issues, or legal regulations. PROCEDURE Explore the “Business” or “Technology” sections of major news websites. Select a 2015 or 2016 article related to one e- commerce topic, and complete the Current Events worksheet.
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