Question

Marvin Hardware Sales used to meet with all of its clients face-to-face at least once a month. Today, the company uses email and video conferencing to accomplish those same tasks. This demonstrates how changes in ______ affect an organization.

Answer 1

Technological innovations and globalization have transformed how organizations, like Marvin Hardware Sales, operate by allowing remote communication with clients and potentially altering the size and structure of firms.

Step-by-step explanation:

The question demonstrates how changes in technology and globalization affect an organization. Marvin Hardware Sales's shift from face-to-face client meetings to utilizing email and video conferencing reflects the broader trends in business operations due to technological advances, such as the Internet and communications technologies.

These advancements have made it easier for companies to engage with clients and manage operations remotely, leading to an increase in competition as geographic barriers are diminished, enabling business-to-business websites to connect buyers and suppliers globally. Furthermore, the debate on whether these technologies will lead to smaller or larger firm sizes highlights the dynamic impact of technology and globalization on business structures.