Technology is perceived as the “enabler” for enterprise. Stone Age – The development of easy tools from wood or shards of rock and the discovery of fireplace, which offered a strategy to cook meals and create heat and light, were technological developments which allowed individuals to perform duties more easily and shortly.
Small businesses have used technology to create new methods of competing with effectively-established companies. Theories of technology often try to predict the future of technology based mostly on the high technology and science of the time. These slicing-edge technologies are drastically changing how the trade operates and how future initiatives will likely be completed.
Technology accelerates innovation: The only approach small businesses can succeed in at present’s competitive world is by utilizing technology to create new services or products. The kinds of components and instruments you utilize to create design methods can fluctuate enormously.
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