Technological environment ppt
- 1. CONTENTS • Technological environment • Features of technological environment • Impact of technology in business. • Import of technology • Problems in technology transfer • Appropriate technology • Conclusion • Reference
- 3. TECHNOLOGICAL ENVIRONMENT J.K.Galbraith defines technology as a “systematic application of scientific or other organised knowledge to practical tasks”
- 4. FEATURES OF TECHNOLOGICAL ENVIRONMENT • Technological environment changes very fast. • Technological environment affects the manner in which the resources of the economy are converted into output . • Technological environment is self reinforcing .
- 5. IMPACT OF TECHNOLOGY IN BUSINESS. • Increases the productivity. • Saves time. • Good quality products • Improved Communication Processes. • Increased Employee Productivity. • Marketing process makes easy through digital media. • Easy to control the different branches from one place with the help of technology.
- 6. IMPORT OF TECHNOLOGY • Import of technology is also know as ‘technology transfer’. • It can be in form of business agreement between to businesses or MNC’s. • It can be as trade agreement between two nations.
- 7. PROBLEMS IN TECHNOLOGY TRANSFER •Costly •Appropriateness •Dependence •Obsolescence
- 8. APPROPRIATE TECHNOLOGY • Appropriate technology is small-scale technology. It is simple enough that people can manage it directly and on a local level. Appropriate technology makes use of skills and technology that are available in a local community to supply basic human needs, such as gas and electricity, water, food, and waste disposal.
- 9. CONCLUSION • Businesses are affected by changes in the technological environment. Technological change offers risks, opportunities and threats to businesses. Some businesses can leverage changing technology to improve products and processes or even create new products and processes that will expand markets and profits. • There are some defects of technological environment ,everything done should have both positive and negative.