technology environments

1. CONTENTS
• Technological environment
• Features of technological environment
• Impact of technology in business.
• Import of technology
• Problems in technology transfer
• Appropriate technology
• Conclusion
• Reference

2. TECHNOLOGICAL ENVIRONMENT

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.