Technology and business

Question 1

Main definition -

Answer 1

• the appliance of knowledge, skills and techniques to improving my business performance

Question 2

Aspects of modern technology (6)

Answer 2

1. Changing use of technology
2. Social media
3. E-commerce
4. Digital technology
5. Digital communication
6. Impact on business

Question 3

Change (5)

Answer 3

1. Rapid
2. International
3. Putting people out of jobs
4. Change businesses
5. Reduce costs

Question 4

E-commerce -

Answer 4

-the buying and selling of goods and services using the internet

Question 5

M-commerce -

Answer 5

• using wireless handheld (mobile) devices, such as smart phones

Question 6

Advantages of E-commerce: (7)

Answer 6

1. International
2. Easy to access
3. Decrease costs for transport
4. Convenient
5. Fast
6. Possible translations
7. High quality marketing/advertising

Question 7

Disadvantages of E-commerce: (6)

Answer 7

1. Lost connection with customers
2. Requires having technology
3. Specific skills
4. Overdependent
5. Might be unreliable
6. Environmental / health concerns