Technology

Definition

Technology encompasses the tools, machines, systems, and devices that are created through scientific knowledge to solve problems or perform specific functions. In the context of business, it plays a crucial role in enhancing productivity, communication, and innovation.

Related terms

Innovation:

The introduction of new ideas, products, or methods to improve processes or create value.

Productivity:

A measure of the efficiency of a person, machine, system, etc., in converting inputs into useful outputs.

Digital Communication: The electronic exchange of information through emails, texts, social media, or other digital platforms