What are some of the consumer benefits of technology?

Q: Why would the Internet wreak havoc with businesses that do not understand and embrace the identified…

A: When it comes to the internet thinking, a company must stay current with every shift, client…

Q: Can the technology system wireless, mobile computing, and mobile commerce facilitate collabration…

A: Mobile computing allows the transmission of data like videos and voice messages. Mobile computing…

Q: new technological need for online grocery business?

A: Technology - It is the methods, process, tools which are used by the person in performing their…

Q: What are the potential benefits of the Industrial Internet for business buyers?

A: The industrial internet has become a big evolution in business technology. The term industrial…

Q: The convergence of real and digital worlds has been made possible by all of these except which?…

A: Hi! Thank you for the question, As per the honor code, we are allowed to answer one question at a…

Q: Define the FOUR (4) components of technology.

A: Technology refers to the knowledge, methods, and procedures used to achieve objectives.. Technology…

Q: Explain diffusion of innovation with example?

A: An innovation is an new solution that has been transformed into practical reality. For a business,…

Q: Identify five technology design factors and explain why they are important for your business

A: A number of products and commodities are being offered by organizations these days to the consumers…

Q: What is crowdsourcing and how is it managed by a business?

A: Crowdsourcing refers to collecting information, ideas, or opinions regarding a business task from…

Q: Examine the THREE (3) phases involved in the acquisition of technology?

A: Rather than using the company's own internal research and development activities, technology…

Q: Why should business professionals consider future business scenarios? Will you make use of these as…

A: Business scenario is very essential and important techniques that can be used before setting up…

Q: Using examples, prove that technology has developed to play a major part in  the following areas in…

A: Here in this case we have to explain  that how technology  has  developed in this respective fields

Q: Are AI measures in marketing sustainably good for companies and the buyers?

A: An essential assumption of neoclassical economics is that both companies and customers aim at…

Q: What challenges does a company face in developing new products or services?

A: There are many challenges which company face in developing new products or services. Some of these…

Q: How are business processes, information systems, and applications created?

A: Management processes govern the operation of a particular organization’s system of operation.…

Q: they develop and are put into use.

A: New technologies (like artificial intelligence, big data, augmented reality, internet of things,…

Q: What are some industries or segment boundaries for the PC Industry?

A: The boundaries of any industry comprise of two primary dimensions. The first dimension being the…

Q: What is the technology innovation life cycle?

A: Business organizations need to adopt the rapidly changing technological environment in order to…

Q: How is intervention related to technology

A: In the recent past, there have been many significant inventions in the field of information…

Q: Why is it important to actually observe consumers and customers to develop new products?

A: Forecasting is the process of making assumptions of future events based on past and present…

Q: Define Technological Singularity and discuss?

A: Technological Singularity means creating advanced artificial superintelligence that would take…

Q: Describe the different types of innovation usually identified by economic and business studies

A: Changes in enterpreneurship function are referred to as innovation.  Innovation can be observed even…

Q: 3-5. How does technology impact customer value?

A: Customer value describes the worth that a product is delivering to potential customers. It is…

Q: How might you apply consumer market to business-to-business settings?

A: On the digital marketing platform, there are different types of businesses, including…

Q: Why product and market innovation is the most critical based on today's industry conditions?

A: Product and market innovation refers to upgrading the existing line of products for the existing or…

Q: What role do business functions and infrastructure play in the use of knowledge technology?

A: Business function comprises of framework that provides all information of business activities for…

Q: How can consumer awareness of the food-production process benefit food producers, consumers, and the…

A: Consumer awareness is an act of making sure that the buyer or consumer is aware of the information…

Q: What are the benefits and risks of acquiring another firm to gain access to innovations?

A: Innovation through Merger and Acquisitions are held important because, companies cannot stand alone…

Q: Discuss the term 'serendipitiy' in the context of technology innovation HERE.

A: Innovation means to come up with new ideas and new technology. Now companies are designing their…

Q: Technology has important effects on business operations. No matter the size of your enterprise,…

A: Globalization means the products, technologies, ideas and information are spread towards all parts…

Q: Necessity is the mother of invention; competition and a host of other reasons are responsible for…

A: A business is an entity or an organization engaged in commercial, professional, charitable or…

Q: What do we mean by AI solutions in marketing?

A: Marketing is the concept of promoting the goods and services in the market to attract customers for…

Q: How are today's cultural ideals transmitted? How do principles affect the choice of goods and…

A: In regular daily existence, the most well-known way cultural norms are transmitted is inside every…

Q: What do you believe the relationship(s) between information technology, information technology…

A: Information  Technology  Management   means   maintaining  or  to  monitor  organisation's…

Q: Describe 5 importance of managing technology in the real world right now.

A: Ans. Introduction    We are quite dependent on technology during the past few decades to manage the…

Q: What is Micromarketing?

A: Marketing is a process of promoting the products and services through different channels. It…

Q: Who are consumer innovators?

A: Consumer innovators are the first buyers of a new product. They are a small group of individuals.…

Q: Outline the four categories of innovation and provide examples to illustrate its applicability in a…

A: Innovation is the useful application of concepts that result in various new kinds of unique…

Q: What should managers consider when purchasing new technologies or upgrading their present systems in…

A: Technology adoption isn't just about getting the most delinquent technology for the business. Before…

Q: Describe VR, AR and MR in an emerging technologies context

A: The phrase "emerging technology" is gaining use, particularly in the IT and academic communities.…

Q: How do the improvements in these immersive technologies have a significant impact on the purchasing…

A: Companies have started to employ advanced immersive technologies such as Augmented Reality (AR) and…

Q: Due to COVID-19, what are the implications of technology strategy for food and beverage industry?

A: The global food & beverage industry includes various online food chains and offline food chains.…

Q: What is the innovator's dilemma?

A: The innovator's dilemma can be definite as the idea that specifies the aim behind the key details…

Q: The new industrial revolution will reshape and disrupt our lives, our jobs, and our world. How will…

A: There are four industrial revolutions that have taken place so far. The industrial revolutions have…

Q: What is the role of technology in innovation and management ?

A: Concept Of Technology In An Enterprise - Technology, in an organization, is a kind of concept, which…

Q: business

A: When making business choices, it is important to see every aspect in business which helps you to…

Product Extension and Refinement

“Product extension is the marketing strategy using an established product's brand name on a new product that is in the same category.”