Meaning of Society

-The term society has been derived from a Latin word 'socious' that means association or
companionship. Thus society means 'A larger group of individuals, who are associative with
each other'.
Definition of Society

-Large group of people who live together in an organized way, making decisions about how
to do things and sharing the work that needs to be done. All the people in a country, or in
several similar countries, can be referred to as a society

According to Prof Wright: It is a system of relationships that exists among the individuals of the
groups.
What is the Relationship of Science, Technology and Society?

Science and technology is the very best thing society might ever request for. Some
sectors that have actually been increased by science and technology are energy, physical
sciences, details and interaction. The society has actually considerably gotten with the
development of technology.

Infrastructure in the society has actually grown with the aid of science and technology
Modes of transportation like electronic train lines were understood and these really benefited
the society by providing them a much better ways of transportation. In the past, nearly
whatever was analog however thanks to the science and technology we are now being
digitalized every day the development of the telephone and radio services has actually
widened human interaction.

Without society then there would be no science and technology and that is why the
development of specific tools and devices have actually assisted attain huge things. Society
can refrain from doing without the markets we have today. The society requirements science
and technology. The production of computer systems is masterpiece by people was a stone
that would come a long method in assisting the society. A computer system assists us to take
advantage of ourselves by getting important details that we can utilize to enhance our lives.
The effect of science and technology can seriously be acknowledged. Many individuals
around the globe consider example scholars in colleges and universities have actually taken
the lead taking a look at the relationship between science and technology.
 Thus, Science Technology and Society have strong Relationships between each other.
Science is the mother of technology and both of them are the reasons for the creation and
development of the societies.

Importance of Science, Technology and Society in Accounting

1. Science, Technology and Society is important to keep up to date with technological

advances because nowadays, technological innovation has led the way in how accounting
is done. This is through the use of digital resources and online tools that improve productivity
and organization in doing accounting tasks.

2. To understand how science and technology produce new products, new ways of
understanding, new ways of living and new institutions in order to respond to market conditions
in an effective and efficient manner.

3. To analyze and understand how the society behave in the market in order to come up with
economic decisions in achieving a specific organizational goal.

4. To be knowledgeable with the changing methods for carrying out tasks within the scope of
accounting activities and transactions related to accounting through the use of electronic
media.

REFERENCES:

Danish Muzaffar, 2018. The relationship between science, technology and society. Retrieved
from https://www.livescience.tech/2018/02/18/the-relationship-between-science-
technology-and society/?fbclid=IwAR13TUM7 pqqBwyzBUwGbRzOQB SiRvKPoYwX
XqLydgNp99vWBx3jstUSRmLA

Sagarkumar K Chavda. RELATIONSHIP BETWEEN SCIENCE TECHNOLOGY AND SOCIETY.

Retrieved from Academia.edu http://www.academia.edu/1906420/

Society. Retrived from https://dictionary-cambridge-

org.cdn.ampproject.org/v/s/dictionary.cambridge.org/us/amp/english/society?amp_js_v=a
2&amp_gsa=1&usqp=mq331AQCCAE%3D#referrer=https%3A%2F%2Fwww.google.com&am
p_tf=From%20%251%24s&ampshare=https%3A%2F%2Fdictionary.cambridge.org%2Fus%2Fdicti
onary%2Fenglish%2Fsociety
Society. Retrived from http://www.studylecturenotes.com/social-sciences/sociology/133-
what-is-society