Technology has a very huge impact on businesses and globalization. There are a number of developments in technology that have effects on businesses and propelled globalization. First, communication technology has improved businesses both nationally and internationally. Communication is a very important aspect in business. Technology has improved communication such that people can communicate globally and even do business without meeting physically. For instance, technology has enabled people to have portable internet and communication devices. This means that people can communicate anywhere and at any time.

Furthermore, technology has eased transportation. Currently, it is possible to move anywhere using any means possible. This is of great importance to business because goods and services are accessible even in the remote parts of the globe. Furthermore, moving from one place to another propels globalization because people, organizations and nations interact in the process and exchange ideas, goods and services and other things of interest.

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However, there are some problems twhichat have risen from the use of the Internet for global business transactions. One of the problems is internet hacking. This has caused a big challenge to those using the internet as a means of business transactiong business. A lot of information can be stolen in the process. Hacking can be solved by improving internet security and always updating it. Furthermore, other people put negative comments of bad experiences they have encountered in these types of businesses. Reading these comments can lead to loss of many customers. It is advisable to use calls and chats instead of comments ofand attend to clients effectively in order to avoid negative comments.