This technology refers to methods and procedures used to produce goods and provide services.

The technology you're referring to is known as "Production Technology". It involves the methods, procedures, tools and equipment, and skills and knowledge used in the production of goods and the provision of services. Here are the steps:

1. Idea Generation and Screening: This is the first step where the idea for a certain product or service is conceived and then screened for its feasibility and profitability.

2. Concept Development and Testing: Once the idea is screened and found feasible, it is developed into a concept and then tested.

3. Business Analysis: This step involves analyzing the business aspects of the product or service like profitability, market potential, etc.

4. Product Development: The actual product is developed in this step.

5. Test Marketing: The product is marketed on a limited scale to test the response of the consumers.

6. Commercialization: If the test marketing is successful, the product is launched on a full scale.

7. Evaluation: The final step is to evaluate the success of the product in the market and make necessary changes if required.