Technological change refers to the changes in assembly techniques and assembly equipment. It could be a change in the accouterment acclimated to accomplish a artefact or the computers to architecture a product.
More afresh it is the use of the computers and advice technology (IT) to advance the adeptness and competitiveness of businesses that has led to abstruse change. Since abstruse is so rapid, there are important implications for businesses.
A business can be afflicted by the afterward abstruse change:
Technological change in production
Technological change leads to bigger assembly of appurtenances and casework due to:
Computer-aided accomplishment ( CAM) this reduces labour costs, is added authentic and faster and can assignment at any hour of the day. The computer controls the machinery.
Computer-integrated accomplishment (CIM) here, computers ascendancy the accomplished assembly line. Best archetype is in car assembly area robots undertake abundant of the work, abbreviation the charge for labour to accomplish boring, accepted tasks.
Computer-aided architecture (CAD) Computers are acclimated to advice architecture articles application computer generated models and 3D drawings. Reduces the charge to body concrete models to assay assertive conditions, accepted as prototypes. This can be big-ticket to aftermath aloof for testing purposes (e.g. aircraft or new cars.
Therefore new assembly technology can access the acceleration of production, advance the affection of the artefact and abate costs per assemblage of production.
Technological change can be apparent in the shops and the accouterment of added casework such as cyberbanking or repairs.
Electronic point of auction (EPOS) and Electronic Funds Transfer at Point of Auction (EFTPOS) acceleration up affairs in shops and accord basic advice for businesses so can array out their banal levels. EFTPOS agency that shoppers can pay for appurtenances and casework application acclaim and debit cards.
Banks can use “hole in the wall” machines to bear banknote or booty deposits – accordingly abide accessible all hours.
Repair bodies can use handheld computers to assignment out what is amiss with the accouterment they are examining.
Technological change in the appointment helps acceleration up the movement of advice and improves the assay of information:
Communication is bigger through the use of the intranet and Internet. The intranet is an centralized arrangement of computer advice while the internet can be acclimated to acquaint with customers, suppliers amidst others in the alfresco apple (through websites and email).
Workers can assignment abroad from the appointment application adaptable technology such as phones, laptops and modems.
Computers can be acclimated to process, analyse and abundance all-inclusive amounts of abstracts to accord the business added affection information.
E-commerce is the adeptness of businesses to barter with the apple via websites. This agency that there is a beyond bazaar and the business is now accessible 24 hours a day. This has provided opportunities for businesses that could alone barter locally to now aggrandize the admeasurement of the bazaar (e.g. Amazon as apple advanced book and CD sellers). Barter can additionally boutique about for the best deals for new products.
The Internet can additionally be advantageous for application purposes. Job vacancies can be advertised and targeted to the appropriate audience, generally costing beneath than book alternatives. E.g. e-teach sends chargeless emails every anniversary account agents posts to subscribers.
Technological change can be actual expensive: technology involves the afterward added costs:
There is legislation associated with the use of technology – e.g. computer screens, babble levels.
In arbitrary abstruse change can accompany the afterward allowances to a business:
If the allowances of the aloft outweigh the costs, again a business should be advance in new technology.
More afresh it is the use of the computers and advice technology (IT) to advance the adeptness and competitiveness of businesses that has led to abstruse change. Since abstruse is so rapid, there are important implications for businesses.
A business can be afflicted by the afterward abstruse change:
- In production
- In accouterment of services
- In the office
Technological change in production
Technological change leads to bigger assembly of appurtenances and casework due to:
Computer-aided accomplishment ( CAM) this reduces labour costs, is added authentic and faster and can assignment at any hour of the day. The computer controls the machinery.
Computer-integrated accomplishment (CIM) here, computers ascendancy the accomplished assembly line. Best archetype is in car assembly area robots undertake abundant of the work, abbreviation the charge for labour to accomplish boring, accepted tasks.
Computer-aided architecture (CAD) Computers are acclimated to advice architecture articles application computer generated models and 3D drawings. Reduces the charge to body concrete models to assay assertive conditions, accepted as prototypes. This can be big-ticket to aftermath aloof for testing purposes (e.g. aircraft or new cars.
Therefore new assembly technology can access the acceleration of production, advance the affection of the artefact and abate costs per assemblage of production.
Technological change can be apparent in the shops and the accouterment of added casework such as cyberbanking or repairs.
Electronic point of auction (EPOS) and Electronic Funds Transfer at Point of Auction (EFTPOS) acceleration up affairs in shops and accord basic advice for businesses so can array out their banal levels. EFTPOS agency that shoppers can pay for appurtenances and casework application acclaim and debit cards.
Banks can use “hole in the wall” machines to bear banknote or booty deposits – accordingly abide accessible all hours.
Repair bodies can use handheld computers to assignment out what is amiss with the accouterment they are examining.
Technological change in the appointment helps acceleration up the movement of advice and improves the assay of information:
Communication is bigger through the use of the intranet and Internet. The intranet is an centralized arrangement of computer advice while the internet can be acclimated to acquaint with customers, suppliers amidst others in the alfresco apple (through websites and email).Workers can assignment abroad from the appointment application adaptable technology such as phones, laptops and modems.
Computers can be acclimated to process, analyse and abundance all-inclusive amounts of abstracts to accord the business added affection information.
E-commerce is the adeptness of businesses to barter with the apple via websites. This agency that there is a beyond bazaar and the business is now accessible 24 hours a day. This has provided opportunities for businesses that could alone barter locally to now aggrandize the admeasurement of the bazaar (e.g. Amazon as apple advanced book and CD sellers). Barter can additionally boutique about for the best deals for new products.
Technological change can be actual expensive: technology involves the afterward added costs:
- Purchasing the equipment
- Installation
- Training staff
- Maintenance
- Replacement/upgrading
There is legislation associated with the use of technology – e.g. computer screens, babble levels.
- Reduced active costs
- Bigger productivity
- Bigger competitiveness
- Lower costs per assemblage of product
- Bigger affection of account (e.g. acceleration of service)
- Reduced wastage
If the allowances of the aloft outweigh the costs, again a business should be advance in new technology.
