..::What Are the Benefits of Technology in Business?::..

Technological advances in the past few decades have greatly increased the competitive nature of the economic business world. Companies have used software, computers and the Internet to transform their businesses from local places of business to national and global market competitors. Many companies have responded to these changes by automating their business processes and capturing industry-related information and using it to their advantage. Technology has also forced businesses to remain flexible, adapting their operations to newer and better technological advances.

Better Reporting Functions

Companies that have multiple locations, whether nationally or globally, have used technology to implement better communication services and software modules that communicate to a home base via the Internet. This allows companies to penetrate new economic markets without sacrificing the needs of communication or financial and operational reporting. Additionally, companies can improve their management information system (MIS) to capture information for specific locations when making business decisions.

Financial reporting has also benefited greatly from technology; rather than sending external auditors to multiple locations, it is possible to create a centralized accounting office to record and report financial transactions. This improves financial reporting and lessens the expense related to external audits.

Improved Business Mobility

Technology has also improved companies' sales and service departments by allowing employees to use personal electronic devices to create sales displays and transmit orders and customer information to the home office. These electronic devices shorten the lead time companies spend on receiving and delivering goods or services, creating an instant competitive advantage in the industry. Companies can also send sales representatives to multiple markets at the same time, allowing them to penetrate multiple markets with few overhead costs. Companies may allow their internal employees to work from home using a company Internet connection, reducing the fixed overhead expenses from a large corporate office.

..::What Effect of Technology on Our Lives::..

Technology is associated with innovation. It involves the transformation of ideas into something useful. Innovation is just not limited to creative people and organizations, but also involves the availability of technological and scientific talent. Technology and innovation are synergistic. Technology has definitely changed our lives and for the better.The most important factor for deciding the working of a particular technology is the presence of competition.

         With time, the use of internet is rising rapidly. The World Wide Web literally connects over 700 million people round the globe. The state-of-the-art technology has improved our means of communication as well as our educational standards. Due to the innovations in technology, an individual can gain knowledge about any topic at any place and at any point of time in his/her life. It has allowed the ease of availability of education. It has also improvised upon ways to fulfill our needs and to meet our expectations. Innovations in today's tech-world can help us to solve urgent problems.

          The revolution in technology has given rise to chat rooms, discussion rooms, personalized web pages and online databases. The IT sector has completely changed the outlook of human communication with e-mails, video conferencing and instant messaging. With the advent of technology, people are building bridges to decrease the distances in their mind. One basic drawback that has taken place is that people are becoming lethargic due to high trends in technology. It is shortening our ability to pay attention. Robotics, automation and computerization are on the go for changing our lives. Implementation of robotics will give higher efficiency and cheaper labor, thereby increasing unemployment rate

          Technology is affecting our near future so it becomes our responsibility to streamline it in the right direction.

..:: How technology can give a good impression for the human ::..

The technology can provide many benefits to human.  Through technology human work will be quickly.  Technology also can strengthen relationship among the country and we can access to all places to get information.  Existence of the technology it was able open up employment opportunity for people to live  comfortably,safely and easily.  For example in the present development of communication technology has opened employment opportunity to people throughout at the world.  There are big company like multinational corporation has opened job opportunity for Malaysians.  Technology is not east to live, work and make a society of information.

 

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There is plenty of time that the technology works in humans to facilitate faster and so allow us to have free time to do other activities such as enjoying the culture results.  With technology, people are also free to use and have information without any restrictions.  We can access any time to obtain information regardless ot the time.

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..::When Did Technology Begin??::..

 We find that technology began in the earliest human or animal endeavor that made use of a tool to adapt to its natural settings. When the primitive man fashioned weapons for hunting animals or self defense, he was using technology. When the first monkey used a stone to crack nuts, it was using technology. Thus, we see that technology began when animals, including humans, began their struggle for existence.

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Every great technological innovation marks the beginning of a new era in the history of technology, and this greatly influences people’s lifestyle and the world of business. The best examples are the invention of electricity, telephone and radio that changed the way people lived and perceived things around them. Another good example is the dotcom bubble, or the Internet boom, which began in the late 1990s with the extensive use of the World Wide Web for commercial purposes. This period saw the rise and fall of e-businesses in a short span of time, and it had dramatic impacts on the stock markets. 

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Technology is rapidly advancing, and it can be traced back to the time when man sought to exploit the scientific knowledge and reasoning available to him for the betterment and convenience of mankind. 

 

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..::How Does Technology Affect Society??::..

Despite the fact that many people use technology on a daily basis, they still wonder how does technology so regularly, it is sometimes difficult to look past the self and see how technology manifests in the broader scope. Furthermore, technology is constantly expanding and growing whether through new computer technology, faster methods of food preparation, and more fuel efficient cars. Therefore, the issue is extremely broad because so many components are involved. affect society. Since people use

Additionally, debate also exists over whether the effects of technology are positive or negative. The answer to that question is highly individualized because of varying perceptions of what is important and what is detrimental. Understanding the multiple effects of technology on society are key to determining how technology will continue to influence the world.

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At Home

Perhaps one of the most controversial settings for technology is in the home where multi-generational families spend a large amount of time living in the same place. For example, the internet allows families to quickly book vacations, look up movie times, and read restaurant reviews in order to plan family outings and excursions. However, on the other hand, some parents complain that television, video games, and social networking websites absorb all of their children's attention; therefore, not as much family time exists.

Other types of technology certainly make day-to-day living easier. Alarm systems protect against fires, burglars, and carbon monoxide. Crafty kitchen appliances allow families to create healthy and tasty meals more quickly than before. Cell phones allow parents to keep tabs on their children. On the other hand, parents also feel that some children become obsessed with cell phones. The popularity of frozen dinners and quick meals cuts family eating time in half, and some of the meal's nutritional values are sketchy.

School and Work

Another major concern about how does technology affect society is in terms of both educational and career settings. Students spend the majority of the day learning, while many adults spend the majority of their day working. Furthermore, the technology present in both environments helps to create a growing economy, which is a major goal of any country, particularly one going through financial difficulties.

Many schools have begun to adopt the practice of Smart Boards, interactive chalk boards which allow teachers to show presentations, but also allow students to come up to the board and select answers to the questions or participate in other activities. Through webcams and Internet connectivity, students connect with other students across the world to learn about their language, culture, religion, and their daily lives.
At work, employees benefit from similar features. They can easily access other branches of their company in different parts of the world. Companies own and operate Internet storefronts to market their items to clients in a multitude of countries. Cars, trains, subways, buses, and even airplanes ensure that people get to work in a timely fashion, and that they are able to get home in order to cook, shop, clean, or spend time with their families.

However, some students become distracted by the technology or their own cell phones, Blackberries, and so forth. Instead of enhancing learning, school becomes an environment purely for social interaction. Adults are not above such problems, and email features and chatboards create distractions at work. Furthermore, purchasing technological features for school and work is expensive, and less wealthy career fields and school districts are often left beyond.

The Environment

How technology affects the environment is a huge area of debate, especially during a time when emissions from cars and industries are considered a major cause of the constantly expanding problem with global warming. Powerful industrial plants release toxic chemicals into both the land and sea, and gas emissions from vehicles do the same. Forests are cleared in order to make more room for industrialization, and in doing so, plant and animal life are destroyed.

However, on the other hand, without technology, some of the global efforts towards cleaning up the environment would not be possible. For example, organizations such as the Intergovernmental Panel on Climate Change and the Earth System Governance Project have global impact because they can connect to members across the world through the Internet. Furthermore, massive clean-up efforts, such as after Hurricane Katrina, would not be possible without modern technologies such as buses to go and rescue people.

..::What is technology?::..

Technology is the process by which humans modify nature to meet their needs and wants. Most people, however, think of technology in terms of its artifacts: computers and software, aircraft, pesticides, water-treatment plants, birth-control pills, and microwave ovens, to name a few. But technology is more than these tangible products.

-ONE OF TECHNOLOGY-

Technology includes all of the infrastructure necessary for the design, manufacture, operation, and repair of technological artifacts, from corporate headquarters and engineering schools to manufacturing plants and maintenance facilities. The knowledge and processes used to create and to operate technological artifacts -- engineering know-how, manufacturing expertise, and various technical skills -- are equally important part of technology.

-ONE OF TECHNOLOGY-

Technology is a product of engineering and science, the study of the natural world. Science has two parts: (1) a body of knowledge that has been accumulated over time and (2) a process-scientific inquiry-that generates knowledge about the natural world. Engineering, too, consists of a body of knowledge-in this case knowledge of the design and creation of human-made products-and a process for solving problems.

-ONE OF TECHNOLOGY-
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