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Technology is a wide subject, the wheel is a form of technology. so the simple answer is that there would be no business without technology.
If you are referring to computerisation of certain business functions then consider that without computers doing most of the calculation we would need an army of clerks writing them out long hand then another army to check the first army and so on.
What modern technology has allowed is rapid commuication, accurate and fast storage and mainipulation of data. Without computers companies would be forced to expand to the size they only be employing more staff which would drive upo their costs which would limit the expansion.
Whether or not this is a good thing is a different question.
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