Hello
everyone! How are you all doing these days? I hope all of you enjoy wonderful
days in your life. Okay peeps! Before we travelled further to the world of
technology in business, I would to take all of you to ride the time machine so
that we can turn to the older times. Let’s us together explore how people in
the pass did their business. Ready? Let’s go!
The world of business
has undergone a major face lift over the last 20 years. While some business
practices have remained the same, other aspects of doing business are radically
different today. The way people engage in business transactions, for example,
has taken on a new life of its own. Twenty years ago, the general widespread
public use of the Internet was still in its early stages. While people were
getting over the initial wow factor of creating websites, learning new ideas,
and using email, corporations were rapidly vying for control of the online
marketplace. So, in business only took place in physical building. There was no
such thing like shopping online for those who live in older era. Furthermore,
only minimum numbers of customers were having trust to online transaction
during that time as it is a very uncommon thing to do in past.
In relation to that, people in past focus their business activity mainly using physical store. They give their full commitment and effort to make sale in that particular store. Everything like updating stocks and calculating sale need to be done manually as the technology available at that time is very limited. Furthermore, the physical store run by businessmen in old days also is not like what we have today. It is just a simple physical store with less modern technology used.
In short, I think doing business is more challenging in
past as everything needs to be done manually without the help of modern
technology. Okay! I think that’s it for this entry. I hope everyone manage to
gain something from this post. We will continued to ride this time machine in
my next post to know how people do marketing for their business in past. Till
we meet again! Bye.
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