COMMERCE 1E03 Lecture Notes - Lecture 18: Telecommuting, Human Resources, Cybercrime

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Document Summary

Technological environment refers to inventions or innovations from applied science or engineering research, including processes. It is perhaps the most dramatic force now shaping our destiny: technology has released such wonders as antibiotics, robotic surgery, miniaturized electronics, laptop computers, and internet. It has also released such horrors as nuclear missiles, chemical weapons, and assault rifles. It has released mixed blessings such as automobiles, television, and credit cards: our attitude toward technology depends on whether we are more impressed with its wonders or its blunders. Today"s research is usually carried out by research times rather than by lone inventors: many companies are adding marketing people to r&d teams to try to obtain a stronger marketing orientation. The challenge is not only technical, but also commercial to make practical affordable products. The rapid advancement of the internet into all areas of business is also a reflection of the technological environment.

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