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Technology And Management Functions Essay

1048 words - 4 pages

University of PhoenixTEC401 Human Factors in TechnologyBSABOBHEIO TEC/401July 27, 2009Technology is a growing field in today's society. Organizations today can not function at a faster pace without technology. Today in this paper the focus will be on "Technology and Management Functions." In this paper how management at Valero expects technology to improve business. How Valero's current technology is meeting business needs will be discussed. First an explanation of what technology is will be discussed as well as information on the organization Valero Energy Corp.Technology"Technology is the process by which humans modify nature to meet their needs and wants." (The National Academy of Sciences, 2009) Technology is that which is used to carry out plans or gather resources. The product of science and engineering is called technology so therefore engineering and science is included in technology. (Anissimov, M., 2003-2009) Technology is beneficial for everyone, and can be used anywhere, especially those who are unable to see well. With technology an individual having trouble with their sight can transfer information from one computer to the next without have to use brail.ValeroValero formally known as Diamond Shamrock, Ultramar, Stop-N-Go, Shamrock, Corner Store, and Beacon, is the world's largest oil refinery and retail store. The organization strives to provide its customers with quality products that are safe for not only the consumer but also the environment. Valero has increased their production as well as grown. The organization strives to reduce emission and do their best to invest in the type of gasoline that is cleaner. (Valero Marketing and Supply Company, 2009) Valero have invested in the latest technology and alternative energy. (Valero Marketing and Supply Company, 2009) Valero has 18 refineries in North America. The refineries produce over a couple of million barrels of crude oil within a days' time. (Reuters, 2007) Valero uses technology to keep track of their inventory which enables the organization to know how much is in stock and whether or not an order needs to be placed for any product they serve.Valero is taking the initiative to take the next step into going into the green fuel business. The organization has taken the step into getting a group of investors to aid in the funding for Terrabon LLC. Terrabon will take the funds received from Valero and use them "to accelerate the commercial deployment of its acid fermentation technology." (Lundell, D., 2009) This will change the cheaper biomass which will include the waste from landfills into the green gasoline. The headquarters of Terrabon is located in Houston and they are already in the start-up phase of the research at the Advance Biofuels Research facility that is located in Bryan, Texas which will be where the start up plant for Valero's MixAlco technology created by Texas A&M University. The technology will change the biomass into a chemical that can be turned into...

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