CBSE-NET (UGC) Library Science (Paper-II & Paper-III): Questions 364 - 371 of 830
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Read the passage given below, and answer the questions based on your understanding of the passage:
Information is a resource whose generation consumes time and money and whose use conserves time and money. The industrial environment in India is making a quantum jump in the field of technology absorption and innovation. New companies, both in the public and private sector, have been started in the past two years and most of the monopoly business is coming to an end. In other words, the industrial environment is becoming more and more competitive. Information is one of the major resources, which will help company win a competitive edge. Electronics industry is both an important and competitive industry. It has grown 514 % from 1970, with an average growth rate of 15 % per annum. It is hoped that by 1990 the computer industry would be a Rs. 665 crore sector. There are more than 100 companies in India now manufacturing computers. The survival in this industry by a company largely depends on its openness to adopt new technologies, introduce state-of-the art products, new marketing strategies etc. For this, the company needs information on the technology, environment and competition. The types of information generally sought by a company include economic information, legal information, information on personnel relations, public relations, technology trends, market trends etc.