Modes of Enquiry

Many types of risk are created – risk to the project, to the organization, to the employees involved and to the individuals supporting the change.

There are various internal and external factors that can influence the development of innovations positively or negatively. External factors may include firm size, market structure, degree of industry concentration, and macroeconomic factors. Size of the firm tend to be more positive related to innovation in manufacturing and profit-making organizations as compared to non-profit making organization, and relationship that involves size and innovation will become stronger if a non-personnel or a long transformation measure of size has been applied, as compared to application of a personnel or a raw measure of size. Depending on the competition within the market for example a positive competition with favorable atmosphere, the firm will be successful in its kind of innovation. The way industries have been structured and how they change over time may have effect to the innovation among organizations. Their standards, the institutional setting and the process of liberalization and privatization also affect innovation.

Part B: How might each of the following concepts affect the results of the study?

As a continuing effort to improve quality of his assumptions, we could revisit and review his assumptions with the following generic questions:

I) Conclusion: Write the conclusions regarding your observations and results obtained from each part 2A, 2B, 2C,

Technology can greatly improve the industry through new ways of producing its products. The use of an innovative technology can improve the overall efficiency of the industry which can dramatically improve the supply of its finished goods. New technology may also be a source of competitive advantage as advanced technologies may minimize production costs which will translate to competitive prices.

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

Over the years, technology has become a major part for a business and for an individual as well. Technology has become so advance that it has made a major effect for the staff as well as for the customers. New technology has helped in many areas such as data and information storage, advertising, transportation and communication.

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

6. What type of reasoning uses “if …..then….” statements to form a prediction? (Inductive or deductive?) (1 point) deductive reasoning

What evidence does the author provide that supports or contradicts each of the three hypotheses?

This method of research would be an inductive approach by establishing a main topic then formulating a theory based on the research conducted.

The use, acceptance, adoption and application of internet technology to businesses to boast their performances are not something new. Saffu et al., (2008), states that there has been a significant increase in the use and application of e-commerce in businesses in the past decade. E-commerce has benefits such as reduction in costs, increased business opportunities, reduced lead time and providing more personalized service to the customers (Turban et al., 2008). Internet banking or e-banking is one of the many tools of e-commerce adopted by the banking industry. Tools of information technology such as internet banking have significantly improved the quality of services offered by the banking

This study will rely upon a couple of theoretical assumptions made by other scholars. I want to make clear that these

Technological - how the rapid pace of change in production processes and product innovation affect a business.