Featured Post
Innovation in Cosmetic Industry Free Essays
string(177) likewise perceive the current theory that organizations are best on the off chance that they have different item ideas in the p...
Friday, October 18, 2019
Technology Research Paper Example | Topics and Well Written Essays - 750 words - 1
Technology - Research Paper Example New technology comes in a standard language of interaction and communication as a result calling for the persons interacting with the technology to learn new languages. The case in point is using mobile handsets, which come in few main languages hence even old users have to learn one main language to fit in (Rashed 2). Massive investments in technology could have far-reaching economic changes in the society. These economic adjustments comes in the form of change in lifestyle, expenditure, access to cheap and high-quality products that shall transform lives of local people positively. An example is if a community that grows avocados and ripens them for food gets an investor who shall put up an avocado processing factory that produces cooking oil, body and skin oils, the community shall derive many benefits from this technological investment. First, the expected price of both cooking and body oils is expected to fall once production starts. In addition, the factory shall trigger sprouting of businesses around to cater for the needs of its working class as a means of access to essential commodities (Rashed 4). New technology comes along with an improvement in the means of communication more especially infrastructure development. This results from the expected increase in activities arising from the investment in new technology. Improved infrastructure will aid transport of a vast number of processed items to the markets and movement of technical engineers and employees to the processing centers (Ibrahim 3). Most investments in new technology have led to improved processing capacity as a result leading to the creation of more job opportunities both in technical departments and at the processing centers. This has been the case in many manufacturing companies, which invest in technology to increase processing capacity and consequently lead to creation of more jobs in the factory and indirect jobs for salespeople and
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.