Unit 5-Technological Environment

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    P R E S E N T E D B Y :

    S U J A Y A T H A P A

    K V C , I V S E M

    Technological Environment

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    What Is Technology

    Its an ability to create new things from the blendingof resources like; land, labor, capital & knowledge.

    Acc to Ricky W. Griffen, the set of processes andsystems used by organizations to convert resourcesinto products or services.

    Types of Technology Hard Technology

    Refers to patents, design, technical specifications, and other

    tangible items. Soft Technology

    Refers to management, organization & administration of technicalprocesses.

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    Business & Technology

    Areas of Technology relevant to business: Methods of manufacturing a product

    Reduction of Waste & Manufacturing cost

    Using eco-friendly materials

    Improving process quality & reliability Introducing new products & services

    E-business Technology

    Choice of Technology Manual Technology operated by human (manpower)

    Mechanized Technology use of machines Automated Technology self-controlled machines

    Robotics Technology replacement of man by robots

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    Nepalese Science & Technology System

    Science & Technology (S&T) was considerednecessary determinant for industrial & economicdevelopment during Fifth Plan.

    At First, National Council for Science & Technology(NCST) developed under National PlanningCommission in 1976.

    Secondly, Royal Nepal Academy for Science &

    Technology (ROAST) established in 1982. Thirdly, Ministry of Science & Technology (MOST) in

    1996.

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    Science & Technology Policy

    Adopted Science & Technology (S&T) policy in 1989 withobjective to; i. Development of Technologies & services for priority areas of socio-

    economic development.

    ii. Fulfillment of peoples basic needs iii. Qualitative development of human resources

    Tenth Plan & three-Year Interim Plan regarding S&Tincludes;

    A. Development & ExpansionA high-level National Science & Technology Council & coordination

    committee will be constituted for national vision & policy

    Ministry of Science & Technologys competence would be enhanced

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    Contd

    B. Development of Human Resources

    Producing necessary manpower to intricate technology

    Enhancing competence of universities in producing quality humanresource

    C. Promotion of Research & Development Conducting programs related local resources, means

    Conducting programs to develop necessary technology

    Conducting programs with focus on special areas & targetedgroups

    Establishing a research fund

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    Status of Industrial Technology in Nepal

    Because of Liberalization & Privatization industries arefree to use newer technologies.

    Status of Industrial technology can be assessed by; 1. System of Research & Development

    Most organizations are dependent on low-graded technologies.

    2. Export Performance

    Lacking in high-skill products & export of Raw or semi-processed items.

    3. Skill Inventory

    Critical demands are mechanical skills, IT professionals, chemicaltechnician

    4.Pattern of Technology Transfer

    International business is the only medium.

    Factors include like; nature of production process, labor & capital cost

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    Information Technology

    Information technology(IT) is a branch ofengineering dealing with the use of computers andtelecommunications equipment to store, retrieve,transmit and manipulate data.

    Features of Communication Efficiency & Effectiveness

    Time saving & cost minimization

    Storage of past information for future needs Increases accuracy

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    Information Technology & Business

    Administration filing & storage data

    Communication fax machines, e-mails

    Production

    Storage & Distribution Electronic Fund Transfer at point of Sale (EFTPOS) Credit card, VISA card

    The Internet

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    Status of Information Technology in Nepal

    RONAST & Mercantile introduced e-mail services in1993, using dial-up facilities provided by ERNET,New Delhi

    Mercantile Office Systems, first Internet ServiceProvider (ISP) in Nepal, started in July 1995.

    Education, travel, tourism, media are highly affectedby IT in Nepal.

    Government of Nepal (GON) adopted ElectronicTransactions Act, 2007.

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    THANK YOU!!!