Technology Application2007 BodyTechnology and Competitive AdvantageIn to develop competitive advantages of a rural area , the demesne s government may adopt appropriate strategies such(prenominal) as policies to use suitable engineering science to produce to a greater extent output , policy to ontogeny fully employment and some(prenominal) othersIn today s information engine room era , the closely magnetic method to accelerate economic egression of a country is to adopt technological change . The notion refers to the bullion advance in work technique as the consequence of appropriate confederacy of capital and labors .The situation may hold out since the avail of production process involves the invention of new machines that provides much(prenominal) effectual and stiff productionThe condition also exists in sma ll racing shell worry states or provinces or in corporations levels . Concerning the use of engineering in accelerating production output and thus competitive advantage , this ordaining provide suggestion in developing a interconnect that links several states The objective of the network creation is to go data on each state and communicate the join forces data for the bene hold ins of the linked states in to enhance production ratesHowever , foregoing to the creation of interstates network , this go out elaborate the design of technology in boosting the production output since the change constancy , the component part of information technology including internet in increasing productivity growth , and several factors needed to design an interstates networkIndustrial Revolution and net profit Revolution : Productivity EnhancementTalking about the output sweetening will go back to the birth of revolution industry .
During the late18th and former(a) nineteenth century in Britain , the number of people employed in industrial manufacturing attachd significantly especially in textiles industry to fulfill two overseas and domestic markets (EHS , 2004The productiveness growth also exists because working universe move into towns across the Britain and do important role during the period such as retail , petty trading , manufacturing , domestic service , and transportFor the introductory cartridge holder , in the history during and post industrial revolution records the uniformity between world and economic growth in which they both increase within the long term . This is wherefore the industrial revolution was suc h a watershed (EHS , 2004 . tabular commence 1 shows the relation between the advancement of technology and population growth to the growing number of outputIn addition to the capability to increase output , the use of technology also provides the productivity improvement . Litan and Livlin reveal that the use of Internet has the potential to increase productivity growth in several issues as followingCost decrement of more proceedings necessary to produce and distribute goods and servicesThe cost reduction occurs since internet technology possesses several features such as flying transmission of information for various tasks such as pass over and distributing financial records , routine exercises like payments , and efficient transaction by employing with web-based technologyEnhancing management efficiencyThis efficiency occurs since internet technology is move over of managing supply chains more effectively and communicating more easily within both a state and interst ateCompetition enhancement , making prices more tran! sparent , and broadening markets for buyers and sellersA major...If you want to fit a full essay, order it on our website: OrderCustomPaper.com
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