What is one emerging new innovation or trend that you think could have a major impact on our daily lives or a major impact on our economy in the future?
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What is one emerging new innovation or trend that you think could have a major impact on our daily lives or a major impact on our economy in the future?
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Solved in 3 steps
- How can firms create value through good management of technology and innovation?The most common form of innovation is incremental; however, some innovations are more disruptive and turn the industry upside-down. True or False?Why do leading firms fail to recognize and react to potentially disruptive innovations? How can a firm avoid the kind of blindness that leads to disruption?
- How exactly has the progress of a certain company activity or operation been impacted by the usage of internet technology, and in what specific ways? Could you provide an example and assess the potential of the product in terms of the value it could one day add to the market?In today's technological world, it helps to have at least a rudimentary familiarity with computers. This is true of any technological medium, not just computers.Can organizations like schools and businesses, as well as society as a whole, benefit more by embracing cutting-edge innovation than they risk losing?What are some of the consumer benefits of technology?
- What makes technology emerge? How is it received by society? What makestechnological change speed up, or slow down?Discuss the challenges that you might face in introducing the new innovative technology to the society which will help in sustaining the world.IT drives the information revolution. IT's role and influence may be unclear. Assess technology's value chain impact on operational efficiency and competitiveness?
- What are the four areas that need to be managed by the firm if it is going to take advantage of the technology it has and the technology it needs to create?How does the management of technology and innovation help a firm create value? Why should the firm strive to have a unique value proposition?Why product and market innovation is the most critical based on today's industry conditions?