Managing Innovation Quiz 1

There are several emerging technologies that could help the company to gain a competitive advantage.

C. Building the Economy The Fight Over the

(TCO 9) Technology can provide significant increases in productivity and efficiency. However, less than stable technology-based systems can significantly impact businesses at

 Are there any relatively new technologies that the company believes has dramatically changed their

E. the less developed nations of the world being left behind due to their slower development of technology.

Technological advances over the next ten years are projected to grow at an astronomic rate. As business owners you must consider carefully all of the affects the different forms of technological advances will affect your business.

Companies produce new technologies that help americas new and upcoming workforce. New tools are made to help the medical field be more precise and effective in their treatments. New systems of communication and travel have become quickly more available. People have even said that in about four years humankind might be able to live on mars. In our age a new phone comes out every few months, allowing better forms of communication. As we look to the future we see that the tech will really be “shocking.”

A. the citizens of the country have a greater desire to consume goods and services than do the citizens of other countries

d. What do you think will be the economic consequences of a Buy American provision?

C: Increase in the levels of corporations in the country and increase in the levels of production of the people.

Paulo Sanchez feels that there is a market niche for software that helps entrepreneurs file for

Over the past few years technology has caused significant changes in the way enterprises conduct business.

Economic growth positively produces more jobs and a strong level of economic growth can help individuals who are willing to find employment. Countries

Technological change is a fundamental driver of economic development and performance, not only at the level of firms and industries but also economies. Innovation is the organizational process through which new

These technologies grow and develop within the company over time, and are utilized in successive products. The collective body of the company's technology experience broadens with the emergence of every new product. This broadened experience has turned out to be the base for appraising the "incremental newness" of the technology personified in the subsequent new product.