Technological revolution that will transform business world

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It has been widely said that the only thing you can be sure about when it comes to the future is change. Samuel Clemons also suggested in a similar vein “if you don’t like the weather, just wait a minute, it’ll change.”

1. If a firm is going to prosper in the future it is going to need to be able to innovate. Explain what steps need to be taken to ensure that a firm will be a leader in the future.(Identified and fully explained 4 or more steps for ensuring that a firm will be innovative. )

2. Once something is a trend, it is too late. Identify the dangers behind benchmarking, and explain how they impair/impede a firm’s ability to innovate? (Identified and fully explained at least 3 or more dangers to benchmarking.   )

3. It has been said that technology has revolutionized the way we do business. Identify and explain what you believe will be the next, great technological revolution that will transform the business world and explain the impact that it will have on the future of business.( Identified what the next great technological revolution will be and fully explained 3 or more impacts that this technological revolution will have on the future of business.)

Reference no: EM132173311

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