Technology
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.
