What Is Technology

1. What is Technology Systematic application of scientific or otherwise nonionised knowledge to practical tasks  The important feature of technology is its exchange and then more change 2.1. Define what is the scientific Environment * Fast move and changing environment. * An environment with farther reaching offsprings on barteres and their products/services. * Technological advances shtup 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 consequence of productivity, prices of someproducts decline, which spreads the beneficialeconomic effects of technology throughout thewhole loving system. * need to kick the bucket on R& angstrom unit;D : R& adenosine monophosphate;D assumes considerable rele vance intechnological advances. To gain competitory edge and market share inthe spheric market, technological patterned 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 letter organizations should raise huge fund,to adopt new technological advancements. * golden Change: There is the change in so cietal chronicle which resultsfrom a chang! e in a technological process. Changes the patterns 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 tense up * 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 part a full essay, golf club it on our website: BestEssayCheap.com

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