It has a very positive affect on the process and learning of professional career. It speeds up the process with the ability to learn from each other sitting in two different parts of the world. also gives one the option of placing orders with a push of few simple buttons from your computer.
There are a great many ways in which technology factors affect businesses. These factors affect how efficient a business is with money for example.
A business environment are the internal and external factors that affect a business. Its elements include society, technology, regulations, economy and politics.
The technological environment consists of those forces that affect the technology and which can create new products, new markets, and new marketing opportunities.
The administrative units of the government are the government entities that has the authority to affect the rights of others. The administrative units of government are responsible for rule making.
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Real business cycle models suggest that technology plays a significant role in driving economic fluctuations. Technological advancements can lead to changes in productivity levels, which in turn affect business cycles by influencing investment, consumption, and overall economic growth. This means that fluctuations in technology can have a direct impact on the overall health of the economy.
Science and technology greatly affects business in a way that business uses products of science and technology to thrive and develop because of the technological advances that have become prevalent. These interactions affect industrial growth because industries rely upon science and technology for its equipment. For example, if scirnce and technology did not come up with a machine that could automatically stretch saltwater taffy, makers of the taffy would use the old method of slamming it into a nail embedded on the wall and it would be difficult to mass produce therefore disabling the in this example, the saltwater taffy industry. answered by: NKMC
Yes the government can affect the stability of a business
Consumers can affect a business based on consumptions of goods. The amount of goods that are bought and sold affect the profit and loss of a business.
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