Technology and Innovation in Business
Names
Kenya Methodist University

Question 1
Technology continues to have a large influence in business today. Businesses are depending on technology that virtually all business activities around the world would shut down in its absence. Industries attribute the use of technology in their economical development. Most industrial operations nowadays depend on technology for progress. Thus it is concluded that firms are leaning towards technology because they need it for sustenance (Oklahoma Small Business Developments Centers, 2013).
Technology is the cause of growth of all economical advancements today. Business activities have been ongoing before emergence of computers and other technology. The use of barter trade was the norm before introduction of currency but business process was slow and not reliable. Technology saved the day with introduction of computers that revolutionized commerce. Today computers are used in all aspects of business such as research, production, maintenance and delivery of all commodities of production. All businesses regardless of size rely on computers in undertaking their daily operations ranging from maintenance of client profile, employee systems, sales systems, accounting systems to automation systems for large scale production. In addition to that, technology boosts communication and marketing of end products. Furthermore, transport details involve logistic systems that ensure safety of manufactured goods during and after transit (Oklahoma Small Business Developments Centers, 2013).
Globalization is the current drive of business operations. Globalization aspect is attributed to the rise in technology in business operations. All businesses today are capable of venturing into the global market with ease through the use of internet communications. Websites have given companies a global marketing platform to compete for customers with other potential companies in different geographical regions. Firms are able to grow in terms of market share through the use of internet technology (Oklahoma Small Business Developments Centers, 2013).
Technology has enabled businesses to invest in security and support. The automated functions of computers in firms have enabled companies reach higher economic levels. Automation has allowed companies invest less in resources of production hence saving of operational costs. Computers have supported businesses further in fast manufacturing of products and quick delivery of services to potential clients. In terms of security, technology has developed ways of securing sensitive information with integrity. The information stored is less vulnerable and can be easily retrieved when monitoring to assess the market trends in order to make influential business decisions (Oklahoma Small Business Developments Centers, 2013).
Business today is fast tracked through social interactions through social media. Companies have created websites that encourage interaction of people from all corners of the world. Interaction of people has enabled the flow of business transactions across border lines. Businesses have also managed to maintain good quality standards as a result of reviewing customer interactions and criticism on goods in the market. These interactions also help customers purchase better products in the market as advised by fellow customers.
Question 2
Information and Communication Technology (ICT) is a widely used technological advancement in Kenya. The national government policy of introducing ICT centers in every county is a key step to improving economy. The government’s move is an effort towards educating citizens in every county concerning skills on communication, computing, operating software systems and computer applications. ICT education helps people understand its work, how to use this technology in a personal or business setting and how to maintain it. Importances of ICT centers to counties in the future include (Mid-Pacific ICT Center, 2008):
ICT centers will account for a substantial part of the counties GDP and employment. This will be enforced by the emergence of companies that deal with computer programming, software development and other computer usage. These businesses will be able to employ workers in the county and offer them better livelihood. Furthermore, companies will involve in commercial activities that will earn the counties income through taxation and other taxes. Moreover, ICT will enable industrial and economical growth in the counties as knowledge learnt in the centers will help the county citizens engage in productive economical activities (Mid-Pacific ICTCenter, 2008).
ICT will enable county development through socioeconomic advancement. Through training, the society will have skilled and educated citizens who will maintain related technical advancements. Through ICT introduction, people in the counties will also be able to interact with each other cohesively. Interaction on a social and business perspective will have a positive impact on the way of life of the county citizens. Thus they will be able to take part in communal projects that will benefit the county governments in terms of revenue earning (Mid-Pacific ICTCenter, 2008).
Revolutionizing of industrial process in the counties will be the norm as ICT will introduce modern use of technology in production and manufacturing processes. This will lead to better products for the county in terms of quality and service delivery. The industrialization revolution in the counties will also be cheap and economical hence businesses will run efficiently by embracing ICT business modules (Mid-Pacific ICT Center, 2008).
County governments will be efficient through improved communication and transparency that will be accustomed by ICT implementation. The governments will be able to monitor all government transactions effectively and thus reduce the rate of non performing departments and organizations. All activities carried out by government bodies will be transparent and available to the government itself and all stakeholders. This will improve service delivery and accountability (Mid-Pacific ICTCenter, 2008).
ICT will introduce development of specialized systems in medical research, property management, manufacturing industries and telecommunication industry. This will incorporate the use of robotics in design, network and control. The counties will have an upper hand against other countries who will visit these counties in search of special skills in business, medical and other technical fields (Mid-Pacific ICT Center, 2008).

Reference
Mid-Pacific ICT Center. (2008). What is ICT Education and why is it Important? Retrieved July 05, 2015, from Mid-Pacific ICT Centerwebsite: http://www.mpicit.org/ict_education_defined_importance.html
Mid-Pacific ICTCenter. (2008). Importance of ICT . Retrieved July 05, 2015, from Mid-Pacific ICTCenter website: http://www.mpicit.org/ict_education_defined_importance.html
Oklahoma Small Business Developments Centers. (2013). The Role of Technology in Business. Retrieved July 05, 2015, from Oklahoma Small Business Developments Centers website: The Role of Technology in Business _ Oklahoma Small Business Development Centers (580) 745-2877.htm