Article on tecnological
development in 120 to 150
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A technical development manager ensures that technical projects are completed accurately, within budget, and on time. He or she may also oversee the optimization of technical systems within an organization so that those systems will successfully support business objectives.The simplest form of technology is the development and use of basic tools. The prehistoric discovery of how to control fire and the later Neolithic Revolution increased the available sources of food, and the invention of the wheel helped humans to travel in and control their environment. ... Technology has many effects.Thus technological progress means increase in total factor productivity. As a result of technological advance, it becomes possible to produce more output with same resources or the same amount of product with less resource. ... Technological change causes a shift in the production function embodying all known techniques.Technology can be used in various ways to facilitate business organization. For example, technology can be used to organize information, it can be used to aid data transfer and information flow with in an organization, technology can be used to process, track and organize business records.Technology can affect life both positively and negatively. New technology always changes our life very much and takes it to a new level. It is like the new way of thinking or doing the normal things differently, better and much more faster with less hassle and at a much affordable rate.
Technology has important effects on business operations. No matter the size of your enterprise, technology has both tangible and intangible benefits that will help you make money and produce the results your customers demand. Technological infrastructure affects the culture, efficiency and relationships of a business.In economics, a technological change is an increase in the efficiency of a product or process that results in an increase in output, without an increase in input. In other words, someone invents or improves a product or process, which is then used to get a bigger reward for the same amount of work.Computers and the internet are examples of technology. Licensed from iStockPhoto. noun. The definition of technology is science or knowledge put into practical use to solve problems or invent useful tools..
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