Compare disruptive and sustaining technologies, and explain how the Internet and WWW caused business disruption.
What will be an ideal response?
Disruptive technologies offer a new way of doing things that initially does not meet the needs of existing customers. Disruptive technologies redefine the competitive playing fields of their respective markets, open new markets, and destroy old ones. They cut into the low end of the marketplace and eventually evolve to displace high-end competitors and their reigning technologies. Sustaining technologies produce improved products customers are eager to buy, such as a faster car or larger hard drive. Sustaining technologies tend to provide us with better, faster, and cheaper products in established markets and virtually never lead in markets opened by new and disruptive technologies. The Internet and WWW caused business disruption by allowing people to communicate and collaborate in ways that were not possible before the information age. The Internet and WWW completely disrupted the way businesses operate, employees communicate, and products are developed and sold.
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Even though the principle of equality in its most basic sense requires us to treat likes alike, ignoring the effects of undeserved and unfair disadvantages is not treating unlikes alike as long as it is done for the sake of some formal principle of equal or identical treatment.
Answer the following statement true (T) or false (F)
The two desirable organizational outcomes of the goal setting process are ______.
a. producing a logical and complete plan and adding value to the organization’s ability to achieve its mission b. letting employees know management cares and working on employees’ individual futures c. working with employees in teams and locking the employees into achieving their goals d. defining a plan of action and execution of that plan
The objective function 3x + 2y + 4xy violates the assumption of ________
Fill in the blank with correct word.
Which of the following types of concurrent ownership does not provide for rights of survivorship?
a. Joint tenancy. b. Tenancy in common. c. Tenancy by the entirety. d. All of these provide for rights of survivorship.