Technology is a broad category of objects, processes, and techniques that are created to solve problems or make life more comfortable. It is a fundamental part of every culture and can be as diverse as language, values, art, commerce, or science. It is usually a complex endeavor that involves many areas of expertise such as research, design, finance, manufacturing, labor, and maintenance.
Individual inventiveness is essential to technological development. Nevertheless, social and economic forces strongly influence what technologies are undertaken, paid attention to, invested in, used, or discarded. These decisions may be based on consumer acceptance, patent law, the availability of risk capital, government budgeting, media attention, economic competition, tax incentives, scientific discovery, and other considerations.
Businesses use technology to create and deliver their products and services efficiently and on time. This competitive advantage is important for maintaining a high market share.
In addition, businesses can increase productivity by using technology to automate tasks. For example, companies can use a software program to manage accounting and keep track of inventory. They can also use a software program to communicate with customers through email.
Schools also use technology to help students learn. For example, some schools offer online grading systems to help parents and teachers understand a student’s strengths and areas for improvement. They can also use educational apps like Kahoot to review material in class and encourage more participation from students.