1. Click here to advance to the next slide.

3. Read to Learn
Describe how technological inventions have an effect on business.
Give examples of how technology has changed jobs in business.

4. The Main Idea
Technology has changed the way people do business. Technological inventions have created new products, new markets, and new jobs.

5. Key Concepts
Technology Influences Business
Technology and the E-Workforce

6. Key Term
people who work with computers while doing business
e-workforce
e-commerce
using the Internet to do business

7. Key Term
digital workflow
linking all the steps in a process digitally

8. Technology Influences Business
Technology refers to the tools and machines that people have invented to make life easier.
The most common technology staple in business today is the computer.

9. The Impact of Telephones
The invention of the telephone made it possible for people to communicate instantly even if they were hundreds of miles away.

10. The Impact of Telephones
Cordless phones, cell phones, and radio telephones became useful tools for business and consumers.

11. The Impact of Telephones
Cell phones are not just phones—they are small computers.
Fax machines use telephone lines to send images.

12. Modern Technology
In the past 60 years, electronic devices have revolutionized business and society.
Business and consumers demand smaller, faster, cheaper, and more powerful electronic devices.

13. Modern Technology
The computer has created a boom in nearly all industries.
Personal digital assistants (PDAs) let users send , list contacts, and access the Internet.

14. To get your new job, you had to sign an employee agreement with serious restrictions on what work you could do if you left your company. An opportunity has come up with another company that competes with yours in a small area of the market. You really want this new job.
Decision Making How does the agreement you signed with your current employer affect your decision? What options could you explore?

15. Answer
You voluntarily signed the agreement. The current employer has offered several promotions. Keeping your word may not be in your immediate best interest but may be in your long-term best interest. However, the employer might be willing to compromise.  

16. Technology and the E-Workforce
According to the Bureau of Labor Statistics, the e-workforce consists of more than 77 million workers.
e-workforce
people who work with computers while doing business

17. Technology and the E-Workforce
Electronic commerce, or e-commerce, allows businesses to reach customers directly anywhere in the world.
e-commerce
using the Internet to do business

18. Employment
New markets have opened up for products such as printers, fax machines, video games, and cell phones.
Innovation means more jobs and more people learning new skills.

19. By switching to a digital workflow, companies use less paper.
Employment
By switching to a digital workflow, companies use less paper.
digital workflow
linking all the steps in a process digitally

20. Employment
The digital workflow means that more people have easier access to a broad range of information.
Library catalogs and encyclopedias are available in digital format.

21. Employment
High-tech industry can be found everywhere, but especially in these technology centers:
California’s Silicon Valley
New York’s Silicon Alley
Oregon’s Silicon Forest
Austin, Texas’s Silicon Hill

22. Employment
The Internet has created a demand for:
Software writers
Online writers
Web page designers

23. Employment
Companies post job opportunities in several locations:
On their homepage
In newspaper’s online classified section
Internet job services, such as Monster.com

24. Mapping Locations
Some companies use Web-based mapping software to find the right location for their business. Starbucks uses software to determine factors such as how many offices are located near a site and the amount of foot traffic around a block.

25. What are some examples of inventions that have had a major impact on business?
Some examples are computers, fax machines, copy machines, and telephones.

26. How is digital workflow different from paper workflow?
All steps in a process are linked electronically
in a digital workflow. There is less paper involved than in paper workflow.

27. What are three examples of new jobs that have been created by the Internet?
Three examples are software writers, online writers, and Web page designers.

28. End of