Technology It can come as an important tool within the company, improving the operations and functions or it can be the very reason why a company exists. Such is the scale of impact of technology on business. Heads of companies are on constant lookout for updates and developments in the technological environment. This helps them not just to improve the efficiency of the way the organization works but to be aware of the transformational phase and come up with groundbreaking strategies to drive growth. Management students during their academic course are thought how technological environment can influence business environment. This write-up tries to provide few instances and helps readers realize how technology constantly transforms businesses. New Technology – New Products – New Business During the 1990s, the world of photography started to see a shift from film photography to digital photography. Three big names in the field of film photography then were Fujifilm, Kon