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Technological Changes - Essay Example

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In the next ten years, the impact of the internet technology is expected to influence companies especially in developing and emerging economies where its benefits still remains unharnessed. The internet technology is projected to facilitate more and more transactions online among business parties and even individual consumers (Kotler and Armstrong 2002). The snail mail will be eliminated and be replaced by electronic mails as more efficient means of communication. More purchases transaction between retailers and buyers will also be observed.
Because of these improvements in the market which is facilitated by the increasing internet literacy, D Package Express will be handling less mails or smaller packages containing mails to customers and business. However, with more global purchases facilitated by the internet technology, mail packaging and supplies will be used in order to ship packages globally. As customers constantly seek products through online transaction, they connect with more suppliers which can provide them with more valuable products. As emerging countries will also shop online, D Package Express will also be given the chance to expand its horizons with the possibility of opening up new outlets in these locations in the future. ...Show more

Summary

The current global business environment is being strongly shaped by the rapid advancement of technology. It should be noted that the past decade has ushered technological developments beyond the imagination of individuals and has hugely influenced of business organizations…
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