Question

What is technology? Explain the impact of technology on business

Answer 1

Technology is the making, modification, usage, and knowledge of tools, machines, techniques, crafts, systems, and methods of organization, in order to solve a problem, improve a pre-existing solutionto a problem, achieve a goal, handle an applied input/output relation or perform a specific function. It can also refer to the collection of such tools, including machinery, modifications, arrangements and procedures.

Answer 2

Explanation:

• ➪Technology can improve productivity, whether you have one or thousands of employees. AI (Artificial Intelligence) allows companies to look like they have an entire team working to satisfy customers. It saves on overhead costs and expands business capabilities. Teams can interact in real time from anywhere in the world.