Technological Factors
The usage of the internet has increased recently due to the advances in technology
throughout the 20th Century. Companies are now interdependent and heavily dependent on
people much easier and cheaper on the interwebs. Large firms such as Amazon and Alibaba
easily communicate and interacts with their customers from every corner of the globe. There
is also automation of various functions, which changes how the stakeholders and companies
interact. For example, individuals should do their shopping by swiping their cards.
Additionally, online banking enables customers to easily pay for their goods without
necessarily traveling to the country. Also, the global positioning enables the firms in the
construction industry to efficiently manage their projects in various places easily (Moktadir et
al., 2018). Therefore, technological advances significantly affect businesses and the changes
that occur more often. Because we are a mogul of online companies, we ensure we are updated
