Use of new technologies by traditional businesses-Information Essay

Use of new technologies by traditional businesses-Information technology management - Essay Example The state of competition requires that the business use some of the most inexpensive business tools technology available in the market and in the internet world. Some of these technologies are even costless. Many of them are inexpensive and can be afforded by small businesses. What are some of the most modern internet communication technology and services that can be accessed by a small business firm, particularly that one that is engaged in motorcycle sales and repair business? In short, what are some of the technological tools available for a motorcycle sales and repair business? How can one access the technology? How much would the technological tools costs? What are the applications for the business? These are the key concerns of this short report. We focus on five tools that can be used by small firms engaged in motorcycle sales and repairs businesses: the social networking sites, website, softwares for motorcycle diagnostics, Iphone, and the iPads. Description. Social networking sites are sites from which one can reach thousands of people on a daily basis. The social networking sites are many. One of the groups monitoring the social networking sites, the Selfgrowth.com, reported that the top social networking sites are Facebook with 500 million members, MySpace with 130 million members, and Friendster with 90 million members. Self-growth.com mentioned that Twitter is a fast-growing networking site that managed to grow so fast in a matter of a few months. Twitter allows one to send messages of more than 140 characters through SMS but current improvements in Facebook allows the user to change â€Å"status† or â€Å"messages† via SMS on a 24-hours/7-days-a-week basis. Cost. The additional cost of using the social networking sites are practically costless. Businesses usually have a computer and usually have access to the internet. A business can allocate one or two hours for social networking and it is feasible to pay the person executing