Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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Why are recent TECH startups changing global scenarios a good thing?
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- After decades of rapid technological development, what strategies are now in use?arrow_forwardPlease try to explain in depth. QUESTION 1 1. Differentiate between digital natives and digital immigrants. 2. Discuss the three ways that technology can be abused by individuals. 3. What are (cyber)deviance, cybercrime, and cyberterrorism?arrow_forwardWhat is the importance of international entrepreneurship?arrow_forward
- How to respond into this in 100 words? Social trends can significantly impact business in high-tech industries, presenting both opportunities and threats for organizations and their strategic management. Social and technological forces are two of the four categories that comprise the microenvironment, or external environment. Social forces are related to values, beliefs, and culture while technological forces are related to advancements such as automation, artificial intelligence, or digitalization. An example of how social trends present both opportunities and threats to organizations operating in high-tech industries is the rise of electric vehicles (EVs). The growing interest and demand for electronic vehicles present great opportunities in the automotive industry. As more consumers prioritize sustainability and seek to reduce carbon emissions, EVs are becoming a more viable and popular choice. This interest based on the values of sustainability and green transportation has…arrow_forwardHow are things done now, after decades of fast technological progress?arrow_forwardWhat is "reverse culture shock"? and how to avoid it to happen?arrow_forward
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