What are the 3 categories of technology?
The Types of Technology
- Mechanical.
- Electronic.
- Industrial and manufacturing.
- Medical.
- Communications.
What are the basic features of technological environment?
The main features of technological environment are as follows :
- Technological environment is a component of macro or indirect action environment.
- Technological environment changes very fast.
- Technological environment affects the manner in which the resources of the economy are converted into output.
What is technological environment and its impact on business?
Technological change can bring about advantages and opportunities for businesses. Obviously, new technology can create new products and services, thereby creating entire new markets for a business. Moreover, improvements in technological products and processes can increase productivity and reduce costs.
Why is technology important in business?
First and foremost, technology affects a firm’s ability to communicate with customers. Fast shipment options allow businesses to move products over a large geographic area. When customers use technology to interact with a business, the business benefits because better communication creates a stronger public image.
Why is technology affecting the environment?
Here are a few of the ways that technology can harm the environment: Pollution – Air, water, heat and noise pollution can all be caused by producing and using technology. Waste – Manufacturing technology creates large amounts of waste, and used computers and electronics get thrown out when they break or become outdated …
How is technology destroying nature?
How has technology damaged the environment? The technologies from the 18th century up to the present day have damaged the earth in two primary ways: the depletion of natural resources and pollution. Resource depletion means using natural resources faster than they can be replenished.