BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The application of knowledge that has changed people’s lives and changed the way businesses operate is called
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Technical development
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Technological development
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Technology developing
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Technology developed
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Explanation:
Detailed explanation-1: -What is technology? Technology is the application of scientific knowledge to the practical aims of human life or, as it is sometimes phrased, to the change and manipulation of the human environment.
Detailed explanation-2: -William Ogburn’s theory of social change asserts that technology is the basic cause of social change. As cited in Mutekwe (2012 ), Ogburn (1964 identified technology as the primary engine of progress and it drives the development of social structure and cultural values.
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