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business technologyComprehensive Analysis
In economics, business is the social science of managing people to organize and maintain collective productivity toward accomplishing particular creative and productive goals, usually to generate profit. The etymology of "business" refers to the state of being busy, in the context of the individual as well as the community or society. In other words, to be busy is to be doing commercially viable and profitable work. The term "business" has at least three usages, depending on the scope — the general usage (above), the singular usage to refer to a particular company or corporation, and the generalized usage to refer to a particular market sector, such as "the record business," "the computer business," or "the business community" -- the community of suppliers of goods and services. The singular "business" can be a legally-recognized entity within an economically free society, wherein individuals organize based on expertise and skills to bring about social and technological advancement. In predominantly capitalist economies, businesses are typically formed to earn profit and grow the personal wealth of their owners. Notable exceptions to this rule include many cooperatives, non-profit organizations, and government institutions. In other words, the owners and operators of a business have as one of their main objectives the receipt or generation of a financial return in exchange for their work — that is, the expense of time, energy, and money. However, the exact definition of business is disputable as is business philosophy; for example, most Marxists use "means o..." 2) "Technology" -- As to business technologytech·nol·o·gyPronunciation: -jE Function: noun Inflected Form(s): plural -gies Etymology: Greek technologia systematic treatment of an art, from technE art, skill + -o- + -logia -logy 1 a : the practical application of knowledge especially in a particular area : ENGINEERING 2 <medical technology> b : a capability given by the practical application of knowledge <a car's fuel-saving technology> 2 : a manner of accomplishing a task especially using technical processes, methods, or knowledge <new technologies for information storage> 3 : the specialized aspects of a particular field of endeavor <educational technology> - tech·nol·o·gist /-jist/ noun Pronunciation Symbols By the mid 20th century humans had achieved a mastery of technology sufficient to leave the surface of the Earth for the first time and explore space. | Technology Portal |
Technology is a broad concept that deals with a species' usage and knowledge of tools and crafts, and how it affects a species' ability to control and adapt to its environment. In human society, it is a consequence of science and engineering, although several technological advances predate the two concepts. Technology is a term with origins in the Greek "technologia", "τεχνολογία" — "techne", "Ï„Îχνη" ("craft") and "logia", "λογία" ("saying").[1] However, a strict definition is elusive; "technology" can refer to material objects of use to humanity, such as machines, hardware or utensils, but the concept can also encompass broader themes, including systems, methods of organization, and techniques. The term can either be applied generally or to specific areas: examples include "construction technology", "medical technology", or "state-of-the-art technology".
The human race's use of technology began with the conversion of plentiful natural resources into simple tools. The prehistorical discovery of the ability to control fire, increased the available sources of food, and the invention of the wheel helped humans in travelling in and controlling their environment. Recent technological developments, including the printing press and the Internet, have lessened physical barriers to communication and allowed humans to interact on a global scale. However, not all technology has been used for peaceful purposes; the development of weapons of ever-increasing destructive power has progressed throughout history, from clubs to nuclear weapons.
Technology has affected society and its surroundi..."
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