Technology progress essay: The impact on society and on business

Abstract\n\n Technological achievements diversity client conveys and requirements, maintain backupes to view potential benefits and losings which technical and technical promotion whitethorn cause on line of work. The suppuration of such(prenominal) si innovative sources volition cause extremist changes in altogether line of credit argonas; jazzy and unlimited si unused is especial(a)ly important for the persistency of line of credit performance. The development of particular memory chips that could be engraft in human intellect result positively squeeze employee knowledge and skills in all furrow areas.\n\n Management\n\n The results of scientific advancement invariably reach our lives. Businesses frequently feel the suppuration affect for adapting to the changing technological environment. Technological achievements change customer needs and requirements, compelling phone linees to recon locationr potential benefits and losse s which technological and technical progress may cause on business; very often, it is impossible to pass judgment the move which specific technologies may cause on businesses in the long-run.\n\n Businesses constantly seek in effect(p) and convenient sources of cheap and mayhap unlimited cipher (Urban, 1998). The development of such zip sources pass on cause revolutionary changes in all business areas; cheap and unlimited energy is particularly important for the continuity of business performance. However, the cost and the ultimate harm of such energy sources may make them unaffordable for the majority of clarified and medium enterprises. In addition, these subtle technical devices may need sophisticated technical sustainment that may non be always available to consumers. As a result, businesses will not be secured from possible energy shakes and will still need to adhere to conventional energy solutions, to guarantee the stability of business performance in s hort- and long-run periods.\n\n The development of a conveyor similar to that used on Star Trek will allow goods and the great unwashed moving across the world inexpensively and instantaneously. People will survive time and financial resources, composition all types of decision-making processes will instantaneously speed up. However, traditional transporting firms and enterprises are likely to go bankrupt, existence unable to cope with the evolution competition on the side of the new transporter. \n\n The development of special memory chips that could be plant in human disposition will positively impact employee knowledge and skills in all business areas. Firms will no longer need to necessitate considerable financial resources on training and educating their workers. In these contexts, firms that particularize on training and educating employees will lose the major element of their customers. Simultaneously, firms that will choose to renew tr aditional education with new chips will need to technically support these small devices. Otherwise, such technical efforts will not bring the anticipated business results.\n\n Businesses and individuals treat information as the most valuable resource that should be readily accessed and disseminated without each limits. Information networks similar to net profit provide businesses with unlimited opportunities for contacting on-going customers and suppliers and expanding their market shares (Urban, 1998). However, net profit has compelled organizations to plump up their technical departments: computers had to switch over traditional means of mailing and delivering information. Internet is the bright example of how computers replace people in business; as a result, people have to learn new skills and to adapt to the changing parturiency market conditions. If you want to get a full essay, state it on our website:

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