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how can the use of new technology in industry benefit

by Consuelo Miller Published 2 years ago Updated 2 years ago
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The use of new technology in industry is a powerful tool to increase productivity and lower costs for your company. In the past few years, there has been a lot of talk about new technology in the workplace and there seems to be a lot of confusion about how it should be used. This article is not about the use of new technology in industry.

How can the use of new technology in industry benefit the US government? The government can purchase materials from anywhere. The government can rely on automation to reduce costs. The government can react to economic changes quickly.Mar 4, 2022

Full Answer

How can the use of new technology in industry benefit producers?

How can the use of new technology in industry benefit producers? Producers can transport goods around the world. This graph suggests unemployment in the United States will continue to rise.

How might a corporation benefit from using new technology?

Nevertheless, from the available options, one way that a corporation might benefit from using new technology would be (D) producers can transport goods around the world.

Who can benefit from technology innovation?

Everyone can benefit from technology innovation. Faster, more innovative technology is going to make your employees more efficient and speed up business and customer service delivery. It’s not debatable, it’s an absolute fact. With faster, more efficient technology, the job gets done more efficiently as well.

How can technology help your business grow?

Faster, more innovative technology is going to make your employees more efficient and speed up business and customer service delivery. It’s not debatable, it’s an absolute fact. With faster, more efficient technology, the job gets done more efficiently as well.

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What is one way that technology can improve the production?

What is one way that technology can improve the production of goods? Websites can allow consumers to purchase goods online. Container ships can transport a number of goods at once. Automation can create goods more cheaply and easily.

What is the best definition of technology technology is replacing?

Technology is replacing human workers with mechanical or electronic devices. Technology is applying scientific knowledge to find answers and fix problems. Technology is using fewer resources to manufacture goods more efficiently. Technology is hiring workers from all over the world to manufacture goods.

How has information technology impacted the economy?

In economics, it is widely accepted that technology is the key driver of economic growth of countries, regions and cities. Technological progress allows for the more efficient production of more and better goods and services, which is what prosperity depends on.

How has the Internet benefited the economy quizlet?

how has the internet benefited the economy? By improving communication and allowing greater trade and specialization. in a free market system, consumers let producers know what they want to buy and how much they're willing to pay through what?

How can the use of new technology in industry benefit producers more so than consumers?

How can the use of new technology in industry benefit producers? Producers can purchase services online. Producers can buy goods 24 hours a day. Producers can contact companies instantly.

How can I use a new technology and industry benefit the US government?

How can the use of new technology in industry benefit the US government? The government can purchase materials from anywhere. The government can rely on automation to reduce costs. The government can react to economic changes quickly.

How has new technology contributed to the growth in services?

The introduction of technology in service sector gives us more than service automation and the ability to provide service at a lower cost. It also gives us the opportunity to gather customer data, analyze customer data, and use the data analysis to better meet customers' needs and result into customer satisfaction.

What are some positive impacts of information technology?

We look at some of the positive effects of technology in this article.Higher Standards of Security for Organizations. ... Safer Management of Money. ... Fast and Easy Data Retrieval. ... Improved and More Effective Advertising Options. ... Easier Access to Education. ... Technology Simplifies Everyday Life.

How does industry help the economy?

The IT industry mainly encompasses IT services, IT-enabled services (ITES), e-commerce (online business), Software and Hardware products. This industry is also instrumental in creating infrastructure to store, process and exchange information for important business operations and other organisations.

How has the Internet benefited the economy?

Across a range of large and developed economies, the Internet exerts a strong influence on economic growth rates. Our research shows that the Internet accounts for, on average, 3.4 percent of GDP across the large economies that make up 70 percent of global GDP.

What impact if any have advances in technology has on people's ability to communicate through media?

What impact, if any, have advances in technology had on people's ability to communicate through media? Advances in technology have made it easier for people to communicate through media.

What is one impact that new technology such as the Internet cell phones and social networking has had on the world quizlet?

They have resulted in an increase in work output and the reduced amount of time spent on tasks has led to improved productivity & efficiency.

How does technology help in construction?

The right technology can not only help construction organizations communicate efficiently from administrative office to job site, but also speeding up the bidding and planning process. BYOD, the cloud and a few of the right construction technology applications can work together to set an innovative construction company apart from its competition.

Why is mobile ordering important?

Mobile ordering can make a server’s life more efficient and eliminate mistakes, since orders are taken and put in at the same time. Automated check-in for hotels and resorts with an application for spa bookings and to view the status of their reservation are just a few ways that technology innovation is changing the game for this industry.

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i put what the girl that first did the answer said it was and i got it wrong so i checked for the right answer and this was it s i wanted to put it on here so no one else can make a mistake

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How can technology help governments?

Technology can help governments handle economic emergencies, such as. The reliance on automation. Crop and resource shortages. The fall of the unemployment rate. Instant sales and communication. Crop and resource shortages.

What is robotics in manufacturing?

The use of robotic equipment in a manufacturing process. The application of scientific knowledge to find answers and fix problems. The use of resources to manufacture goods more efficiently. the hiring of workers from all over the world to manufacture goods. The use of robotic equipment in a manufacturing process.

Can companies ship goods to customers?

Companies can ship goods to customers in an instant. Businesses can be available for customers 24 hours a day. Customers can purchase goods and services online. Customers can give feedback to producers instantly. Employers can hire workers from all over the world.

Can businesses be available for customers 24 hours a day?

Businesses can be available for customers 24 hours a day. Customers can purchase goods and services online. Customers can give feedback to producers instantly. Employers can hire workers from all over the world. Businesses can be available for customers 24 hours a day. Customers can purchase goods and services online.

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