EBK OM
EBK OM
6th Edition
ISBN: 9781305888210
Author: Collier
Publisher: YUZU
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Question
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Chapter 4, Problem 1DQ

a

Summary Introduction

Interpretation: Application of modern technology in financial services sector needs to be discussed.

Concept Introduction: The modern technology has disrupted the whole service sector with the launch of many applications based on the updated information technology.

a

Expert Solution
Check Mark

Explanation of Solution

Application of modern technology in:

Financial Services: The financial services industry has used Big data and Artificial intelligence to create digital banking system which is far convenient than the offline transactions.

b

Summary Introduction

Interpretation: Application of modern technology in Public and Government services sector needs to be discussed.

Concept Introduction: The modern technology has disrupted the whole service sector with the launch of many applications based on the updated information technology.

b

Expert Solution
Check Mark

Explanation of Solution

Application of modern technology in:

Public and Government Services: The e-portal systems are created through which public can file their complaints or suggestion and gets the resolution in less time as compared to pre-technology era.

c

Summary Introduction

Interpretation: Application of modern technology in Transportation services sector needs to be discussed.

Concept Introduction: The modern technology has disrupted the whole service sector with the launch of many applications based on the updated information technology.

c

Expert Solution
Check Mark

Explanation of Solution

Application of modern technology in:

Transportation services: The GPS tracking and advanced communication systems have created a safe and effective service delivery to the consumers of the transportation industry.

d

Summary Introduction

Interpretation: Application of modern technology in Educational services sector needs to be discussed.

Concept Introduction: The modern technology has disrupted the whole service sector with the launch of many applications based on the updated information technology.

d

Expert Solution
Check Mark

Explanation of Solution

Application of modern technology in:

Educational Services: The online learning management system using the power of internet and cloud storage is benefitting the students all around the world.

e

Summary Introduction

Interpretation: Application of modern technology in Educational services sector needs to be discussed.

Concept Introduction: The modern technology has disrupted the whole service sector with the launch of many applications based on the updated information technology.

e

Expert Solution
Check Mark

Explanation of Solution

Application of modern technology in:

Hotel and Motel Services: Online Advance booking systems, increasing traffic using social media promotions has become possible due to the use of the modern technology.

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