How can information technology improve business?

Many technologies improve globalization by making people and/or things in distant or remote areas accessible to one another.

• Boats/Ships made people, things, and information more accessible across seas.
• The wheel, carts, bicycles, cars and trains made people, things and information more accessible across land.
• Planes made people, things, and information more accessible across air space.
• Information Technology makes people, things, and information more accessible across electronic data channels (or mediums).

Information Technology helps to provide businesses and their stakeholders (customers, vendors, partners, etc.) with the means to share and gain accessibility to products, services (i.e. things), people, and data & information, regardless of their physical location.