Technology has impacted the life of humans in a very significant manner. It has been able to make the life of people much easier. With the help of technological advancements, people have been able to perform the day to day activities in a time efficient way. The same is the case with the various businesses that operate in a country’s economy. Few years back, when technology was no much advanced, most of the businesses used to rely upon conventional ways of carrying out the day to day business operations. However, as the technology gradually progressed, the businesses started adopting new and modern techniques with the help of which, they were able to perform much better and efficiently.