2009 Industrial Technology Speciman Exam Sample Answer
the issues that the management of the company needs to consider before theintroduction of new technology.
This sample answer was constructed from a cross section of student work and is one opinion on whatwould receive good marks for this section.
There are many issues that need to be considered before the introduction of the newtechnology.
In terms of structural factors, better communication can become take place due to newtechnology, when referring to better communication, new technology can include
smartphones, tablet computers and etc. This can allow for flatter structures in thestructure of the company by reducing middle management due to increasedcommunication from the new technology. The only d
ownside to this would be costs toincorporate such technology would be quite high but the positives in this case dooutweigh the negatives as effective communication is essential in a company and shouldbe a high priorityAnother p
ositive impact new technology such as the above could have on the companywould be making the company more e
fficient in a lot of aspects, for example, thecompany could become more efficient in decision making, communication and evenproduction, efficiency is very important for a company because in some cases they canproduce more or the same amount with lesser resources and money. By increasingcommunication throughout the business, and falattening the structure, the companyneeds less people to consult before making a decision, in turn leading to a more efficient problem solving process.A brand new technology could improve the production capacity of a company, which allcompanies strive for. The new technology may be a renewable energy source (solarpanels, wind power) and can let the company save more money through saving ontraditional power costs, therefore making it efficient, by uses less resources, spends lessin the creation for their product. By being a green product and marketing as such, thecompany could also sell more goods through this new technology, then the companybecomes exceedingly efficient.Staying in the positive aspect, companies introducing new technology can use the
environmental factors to their advantage. They can promote things such as the use of recyclable materials that are used in the technology and this could also relate themanaging and sales how it can be taken to a positive level. More and more people arestarting to raise awareness about the welfare of the nature and this could be used to thecompany's advantage. This will also be a positive level when it comes to the government legislation as it will be more likely to be approved seeing that what the company will beintroducing would be of the government's favour thus creating a better look for thecompany.
Link to efficiency
Eg of new technology
Link to environmental
Link to marketing andhigher sales
Marketing linked toenvironmental factors