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Impact of Upcoming Technology in the Business World

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Read the article "The Top 20 (Plus 5) Technologies for the World Ahead" by James H. Irvine and Sandra Schwartzbach, discuss the key findings you believe have implications for the business world. Do you agree with the authors? What are some risks and opportunities for which you would advise business leaders to consider based on the up and coming technologies discussed in the article.

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I have outlined a response for you.

Discuss the key findings you believe have implications for the business world.

Many of the finding will have direct or indirect implications. Such things as robotics, machine vision, computer and computer use for regular everyday uses will continue to force companies to be flexible in terms of gathering and holding information. It will also help move production to different levels while forcing many manufacturers to apply different technology to their product offerings. Marketing will be changed because more people in more places will have access to product choices and information.
New advances such as machine vision and robot technology, along with intelligence improvements, are already being seen in the use of drones. For business, they will be more exciting as people can be found, their preferences identified and standardization ...

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The impact of upcoming technology in the business worlds are examined. The risks and opportunities for which you would advise business leaders to consider based on the up and coming technologies discussed.

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The changes in technology, has significantly impacted our society. Innovative technology is the cornerstone for the way most organizations conduct business. Information is easily accessible in which case there is no reason for anyone to become information illiterate because technology makes constant strides to insure that everyone is informed and organizations are functioning properly. For instance, technology is the tool of connection and conventionalism. Twitter is the prime example as to how far we have come in the technological age. There is a wealth of information from individuals that are "on location" in various parts of the world that tends to share what they've witnessed in real time in just a few words. In most cases a person could find out information quicker than network news broadcasts.

The changes in technology, has significantly impacted our society. Innovative technology is the cornerstone for the way most organizations conduct business. Information is easily accessible in which case there is no reason for anyone to become information illiterate because technology makes constant strides to insure that everyone is informed and organizations are functioning properly. For instance, technology is the tool of connection and conventionalism. Twitter is the prime example as to how far we have come in the technological age. There is a wealth of information from individuals that are "on location" in various parts of the world that tends to share what they've witnessed in real time in just a few words. In most cases a person could find out information quicker than network news broadcasts.

Technology assists corporations in maintaining a competitive advantage over competitors thus providing a more convenient way to conduct business transactions for the consumer. Over a decade ago, I have witnessed a drastic change that enabled organizations to become more efficient, paradoxically, there are a few organizations that are stagnate in their business practices and have not yet hopped on the bandwagon of technological trends, nevertheless, the organizations that do are guaranteed to join in the many benefits of utilizing advanced methods of technology.

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