Demonstrate an understanding of different types of innovation and technology and how they have impacted economic progress of the country,with particular emphasis on business organisation.

-Define innovation and technology,

-Give practical examples of how innovation and technology have contributed to the economic growth of the country,

- Describe how business organisations use new technologies in their operations.

A possible answer could be include:

An understanding of innovation and technology and how it has impacted the growth of the economy.

Apple Inc and other multinational technology companies.Their contributions to national economic growth.

The advent of the Internet and its impact on how companies place orders for raw materials,pay their suppliers and so on.

Latest computer technology.

Robotic technology.

Artificial intelligence.

Reference

Morrison, J. (2017) The Global Business Environment, (4th edition), Palgrave.

Needle, D. (2015) Business in Context, An Introduction to Business and Its

Environment, (6th edition), Cengage Learning.

Boddy. D. (2016) Management An Introduction, (7th edition), Pearson Press.