About some years ago business are not Properly documented, not equipped with machinery and most of the places no any use of Computer work was involved so businesses existed not stopped butt the working capacity and productivity was very low.
A very good saying is, "Need is the mother of Inventions", so the same phenomenon introduced in most of the businesses and businesses becomes more advanced and highly productive by using latest technologies and teqniques.
Adoptation of Latest teqniques and development is very important because with the passage of time people needs and preferences changes and people wants some change in every field of life. Many Organisations which didn't adopt the tecnology and latest teqniques and didn't invest in research and development, they failed in every field and people rejected them.
Now a days, most of the business operates online and business transactions are also done through online mechanism. Online business operations facilitates both the producers and comsumers. Bothe the producers and consumers immediately finalize their deals and do their jobs quickly. Althoug some problem and externalities exists in modern businesses butt we can reduce them to minimum level by putting maximum efforts.
So to become successful it is important to invest and work hard in research and development.
In few years later we will watching that all the businesses operates online mechanisms and no any gap will exist between businesses and individuals.
At the end I want to say that we have to do work hard for achieving our goals and grow in this world.
