Governing and regulating bodies of the state look at financial statement analysis to determine how the economy is performing in general so they can plan their financial and industrial policies. Tax authorities also analyze a companyâs statements to calculate the tax burden that the company has to pay.
Many adults now spend more hours of the day using laptops and phones than they do asleep, a survey has revealed. People spend an average of 8 hours 21 minutes sleeping a day â but spend an average of 8 hours 41 minutes on media devices.
Below are some of the uses of technology today: 1. Use of Technology in Business: Today businesses can save money by using technology to perform certain tasks. When you compare the amount of money spent on hiring an individual to perform a certain task and to guarantee delivery on time, it is totally expensive.