What Is Technology

1. What is Technology Systematic application of scientific or early(a) nonionised knowledge to practical tasks  The important feature of technology is its exchange and then more change 2.1. Define what is the proficient Environment * Fast move and changing environment. * An environment with furthermost reaching offsprings on agate linees and their products/services. * Technological advances gouge affect materials, components and products, manufacturing business processes, administration and distribution systems. 2. Impact of Technology * Increased productiveness : The most fundamental effect of technology isgreater productivity in terms of both case andquantity. As a proceeds of productivity, prices of someproducts decline, which spreads the beneficialeconomic effects of technology throughout thewhole loving system. * need to authorize on R& angstrom unit;D : R& adenine;D assumes considerable relevance intechnologi cal advances. To gain free-enterprise(a) edge and market share inthe spheric market, technological cash advance isnecessary. To achieve technologicaladvancement company has to spend on the R&Dby introducing new innovations.

* Demand for Capital: at presents technology necessitates investment of money on acquiring or discovering of new ideasand their adoption; education, training andmaintaining of the managers and several otherrelated areas. short earn organizations should raise huge fund,to adopt new technological advancements. * amicable Change: There is the change in fond living which resultsfrom a change in a technological process. Changes the p! atterns of social life. Status differences are likely to be created bytechnological advancement in developingcountries. 3. Advantages of the Technological Environment for the Society * COMPETlTlVE ADVANTAGE * Increased make water * Technology has helped market look for - complex sets of data can be input and analysed promptly and safely. * Database technology allows the...If you want to set off a full essay, golf club it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay