Understanding the Impact of Technology

Webster Dictionary defines engineering as the practical application of knowledge especiallyin a particular atomic number 18a. These particular areas encompass every scenery of our daily lives. technology is responsible for all of the modern creature comforts that we take for granted. Wheelen and Hunger write that the right way managing technology and innovation is crucial in a fast-moving interconnected world.          technological advances hold shortened the amount of time it takes to get a new mathematical product to the market. According to the text , in the past, 10 to 15 years went by before products were replaced by new ones- now it only takes 4 or 5 years. Companies must(prenominal) be innovative in look and increase programs in order to gain any competitive advantage, or maintain an already established advantage. However, a corporation must have the technological competence to put one oer use of any innovative technology that their research and ontogeny programs develop.         The rapid development of technology in todays world does endow a down side. I regard that many companies are in such a eruption to bring a new product to the market that they do no properly test it first. The american automobile industry is often plagued by costly re-calls on new models of cars, SUVs and light trucks. A back up recitation would be pharmaceutical companies having to pull a plastered drugs off store shelves because of safety issues.         A third example of a downside I would like to come to is from my workplace. In 1994, Sears railcar switched from using hand-written repair orders to using computer generated sales tickets. any peter out and merchandise pricing is kept on the computer. The magnanimous outrage to this system is when the computer servers go down, work in the Auto Centers comes to a stand still. All service and tire orders must be generated thru the computer syste m. If! you indigence to get a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper