Technology

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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.

According to the Strategic Management by David and David (15th edition),

Technology. A component of the mission statement; the firm technologically current?

Related concepts

Related lectures