Technology Management Assignment
Added on -2020-06-06
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TECHNOLOGYMANAGEMENT
Table of Contents
INTRODUCTION...........................................................................................................................1Main body .......................................................................................................................................1Technology is a necessity............................................................................................................1Product development...................................................................................................................1Role of drone in goods distribution system ................................................................................2Process for new business developments.....................................................................................3Impact of the decision on business development........................................................................3Factor which affects the business development and technology management...........................4Identification on the opportunities and challenges of the business in regard to the productdevelopment................................................................................................................................5CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................7
INTRODUCTIONThe technology in the current market is playing the crucial role. It is rapidly growingprocess. It is inclusive of the things like planning, design, operation and control of technologyproducts (Appio and et.al., 2017). The innovation is the key tool in technology this have to bechange with the time factor. In this project it has been addressed to produce the product in themarket which can help in term of deliver the good on time. The suggested company to elaboratethis study is Amazon. This organisation is taking drone factor to distribute products to theircustomer so that it can reduce the time. Recently, they are focusing on the development in theproduct's delivery system. Due to high traffic the distribution factor got delayed and customertends to dissatisfied with the services of the business enterprise. Main body Technology is a necessityTechnology in business helps in to growing the productivity and profitability. It playscrucial role in relation to bringing changes in the market. They work in the manner to havetremendous growth and better approach. The provides the new way in term to have faster,effective and efficient way of performing the activities of the business. It helps as the speed upthe working efficiency, reducing the time factor and effective with regard to maintain themultiple objectives of the business (Nicholas and Steyn, 2017). Its helps in reducing the overallcost of the business operations. It helps as the speed up the working efficiency, reducing thetime factor and effective with regard to maintain the multiple objectives of the business. Its helpsin reducing the overall cost of the business operations. It helps in manner to enhance the growthof the market.Product developmentThe creation of the product helps in to grow the profitability of the market. It works togather the attraction of the consumer so that they can buy the goods and benefits can have. Thisterm involves in giving the modification to the existing product in the market. The mainobjective behind this approach is to satisfy the customer and grow the productivity andprofitability of the firm (Hallstedt, 2017). In this report the market is taking step in order todevelop the product like drone in the market. It helps in manner to bringing changes in the goods'delivery system so that customer can have their product within the give time period. This kind of1
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