Please do not give solution in image format thanku 4. Changing Nature of Technology (Engage)Use your knowledge of technology and organizations to answer the following questions.The shift toward a service based economy and mushrooming change in information technology are two areas of technology that affect businessestoday. What is the third?O The growing use of technology for competitive advantageIncreased use of social mediaO Developing technological strategic plansThe Goodyear Tire and Rubber Company is aequipment and molding machines to create tires.because it combines rubber and chemical compounds and uses blendingBreakthroughs inhave resulted in leaner organizations, more flexible operations, increased collaboration amongemployees, more flexible work sites, and improved management processes and systems.

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Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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As technology continuously improves, it becomes imperative for companies to be flexible and adapt to chanages in the business environment. Provide evidence from the case study as to how Amazon can use E-commerce in changing business trends, and provide further input on why adapating to changes is important for E-commerce companies.
3. Virtual Reality and Augmented Reality is known as one of the top trending technologies in recent years. How do you interpret its applicability in the people life and also in different businesses around the world? Explain in detail.
How can technology help businesses? How can technology hinder business? (Think of and describe at least two ways technology helps and two ways it hinders business.)
Using what you learned about TripAdvisor TripAdvisor Business Model Canvas (innovationtactics.com) TripAdvisor Business Model Canvas (innovationtactics.com) Share with us what you feel is one of the most interesting, compelling pieces of this business? Identify which of the 9 key components this information falls within (for example it could be: how TripAdvisor actually makes money being a "reviews" page or these are Tripadvisor's key competitors and this is one that actually surprised me...). Have you ever used TripAdvisor or posted on TripAdvisor? What was your experience? Pick an international dream vacation spot. Lookup a hotel that has a 4.8 out of 5.0 rating or higher in that destination. Examine a few reviews. Share with us your destination spot and a link to the hotel. Would the reviews of this property make you decide to book there? Why could user-generated content/feedback be seen as a revenue stream?
A mobile company is seriously considering the trends in the market and are looking forward to engaging in a movement from e-business to m-business. Give 4 areas the company would need to adopt in order to facilitate this movement in business.
The discussion about which company sizes (small or large) are better innovators from thebeginning presented a large polarization of views. Most studies and opinions indicate thatlarge economic entities, not small ones, have greater achievements in this area and aremore innovative. However, some economists, incl. R.W. Vossen argues that small firms'performance in the field of innovation is much higher than various statistics indicate. Thereasons for this are underestimating their achievements, the low number of patentssubmitted, and the lower degree of innovation of implemented products. And you, whatscale of companies do you think are more innovative?
You are an artist-entrepreneur and you would like to incorporate contemporary art in your business . Think of innova- tive ways to incorporate contemporary art in your business . Write a business plan that describes how the use of con- temporary art will help your business. Your business plan will be read by your business partners.
What specific ways do you think internet technology has helped to improve a particular aspect of company operations? What's an example, and how would you assess its marketability?
I need help answering the following Aisin Corporation Technology How does the company utilize technology in day-to-day business? What types of technology are used? How does a change of technology affect the organization?
4. Create your nswer these essay questions: 1. Explain some of the most rapidly advancing technologies customers are seeking out. 2. List the new ways that customers are doing business over the Internet. Do you like the direction businesses are going? Why or why not? 3. Find an article that discusses the topic of customer service. Summarize your findings and relate the information to what has been discussed in this course. 4. In your opinion as businesses become more technologically driven do you feel this has an impact on customer service why or why not? s. View the Ted Video: https://www.ted.com/talks/joe_gebbia_how_airbnb_designs for trust • First describe how Air BnB designs for trust in customer service. Then describe other businesses that currently do not use such methods who might benefit from their application. Download Print Activity Details >
What role does information technology play in each of these businesses? How isit helping them refine their business strategies?
Putting in place a company's network of computers and other electronic devices (IS).Can a plan be created for growing an established business by using several types of digital media?

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