The Difference Between Technology and Technological Change Is That

question 136

Multiple Choice

The difference between technology and technological change is that

• A)technology refers to the processes used by a firm to transform inputs into output while technological change is a change in a firm's ability to produce a given level of output with a given quantity of inputs.
• B)technology is carried out by firms producing physical goods but technological change is an intellectual exercise into seeking ways to improve production.
• C)technology is product-centered, that is, developing new products with our limited resources while technological change is process-centered in that it focuses on developing new production techniques.
• D)technology involves the use of capital equipment while technological change requires the use of brain power.

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Definitions:

Self-Evaluations

The process by which an individual assesses their own performance, attributes, and actions in accordance with their personal standards and expectations.

Parental Styles

The patterns of behavior and strategies that parents use to raise their children, including authoritative, authoritarian, permissive, and uninvolved styles.

Social Comparison

The process of evaluating oneself by comparison with others, which can influence self-esteem and personal development.

Sensitivity

The quality of being easily influenced, changed, or damaged, especially by external factors or conditions.