Difference between revisions of "Technology"
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==Definitions== | ==Definitions== | ||
According to [[Organizational Behavior by Robbins and Judge (17th edition)]], | According to [[Organizational Behavior by Robbins and Judge (17th edition)]], | ||
− | + | :[[Technology]]. The way in which an [[organization]] transfers its inputs into outputs. | |
+ | According to [[Principles of Economics by Timothy Taylor (3rd edition)]], | ||
+ | :[[Technology]]. All the ways in which a certain level of capital investment can produce a greater quantity or higher quality, as well as different and altogether new products. | ||
==Related concepts== | ==Related concepts== | ||
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*[[Resource Planning Quarter]]. | *[[Resource Planning Quarter]]. | ||
− | [[Category: Septem Artes Administrativi]][[Category: Articles]] | + | [[Category: Economics]][[Category: Septem Artes Administrativi]][[Category: Articles]] |
Revision as of 11:29, 1 June 2020
Technology is the way in which an organization transfers its inputs into outputs.
Definitions
According to Organizational Behavior by Robbins and Judge (17th edition),
- Technology. The way in which an organization transfers its inputs into outputs.
According to Principles of Economics by Timothy Taylor (3rd edition),
- Technology. All the ways in which a certain level of capital investment can produce a greater quantity or higher quality, as well as different and altogether new products.