1) What major criteria must a product or process meet in order to be considered emerging
technology? (2 points)
The product should meet the criteria according to their needs in the market and it should be
properly examined so that it can satisfy customer requirements.
2) Why is it so difficult to correctly identify a new product or process as emerging technology?
(2 points)
emerging technology refers to new technology or technological innovations. The problem is
that what can be considered new and how fast will it become old? Our world is changing so
fast, that current technology will be obsolete in just a few months or years
3) Timing can be a major factor in the success of a business incorporating an emerging
technology. Describe one potential problem associated with an organization purchasing new
technology early in its lifecycle. Describe a potential problem associated with an organization
waiting too long to purchase a new technology. (2 points)
When a new technology has recently been launched, it tends to be very expensive. But after
some time the price will usually drop
4) After a new technology is purchased, what are some additional costs that must be
incorporated into an upgrade budget? (2 points)
I think this depends on what kind of technology is being purchased. If it's corporate then you
might end up buying additional software, if it's for your home then you might end up spending
money on storage or virus protection software, if it's for a school then you might end up buying
educational software.
5) How have the wireless web and peer-to-peer networking helped small businesses compete
with large corporations? (2 points)
wireless networking helps small businesses advertise their products or services to a larger
audience.
STEP 2: Analyze (10 points)
1) How does a smartphone compare to a tablet? Use the table to answer the question. (3
points)
Features of Smartphone Features of Tablet Only Features of Both
Only
Can Call/ has a phone Larger screen, cant call They are both almost the
number same but tablets are larger
and cannot call,
2) Pick a common household appliance or machine, and think of some creative ways in which it
could be improved by becoming part of the Internet of Things (IoT). What other machines might
this object communicate with? What type of information would it share? (2 points)
you could connect a fridge to the internet and send a grocery order for pick up from a store near
you.
This fridge would communicate with the computer receiving the order and then send the orders
to the store so they can gather the items for pick up,.
3) Large, established companies typically focus on developing sustaining technology. Disruptive
technologies typically come from smaller startup companies or even a single innovator working
out of his or her garage. What are some possible explanations for this trend? (2 points)
4) There are four stages of a product life cycle. During which of these stages do you think is the
best time for a company to purchase an emerging technology? Explain your answer. (1 point)
At the maturity stage the product is well settled in the market and in its most successful stage .
5) What impact has the wireless web had on business and society? (2 points)
It has helped companies grow and advertise their products or services to a larger audience
STEP 3: Synthesize (20 points)
Imagine that you are the chief information officer for a medium-sized company that sells
pre-packaged ingredients for healthy meals. The company is considering introducing
emerging technologies into daily operations to improve employee productivity and expand its
customer base. Keep in mind that the company’s main focus is to promote a healthy lifestyle
and reach as many people with its products as possible.
1) What are some of the key questions that will need to be answered before you are able to
determine if implementing any new technology is worthwhile? List at least three questions to
ask. (2 points) how will this product benefit the company, how will this product benefit the
customers,
2) You decide to start with ways to improve employee productivity. You have been reviewing
research that states people who exercise daily are more productive at work. So, you decide to
look into purchasing smart watches that can provide data about steps taken each day, calories
burned, and other health information for all employees.
a) Identify three methods for evaluating this technology based on your response to question 1.
Complete the chart below to help you compare and contrast these methods. (3 points)
Method Possible Considerations How Does This Method
Compare to the Others?
b) How do smart watches affect the business and its position in the global marketplace? (2
points)
3) Now imagine that the smart watches have been purchased for all employees. A company
wellness program has been set up to encourage employees to use their smart watches to
monitor their fitness activities both in and out of the office. The company views this program as
a success and wants to keep it running. You now need to consider how you will be able to
maintain upgrades for this program.
a) What information will you need in order to determine the total cost of the upgrade? (2 points)
How many watches will you need
b) The company's chief financial officer recognizes the need for an upgrade to the smart
watches, but does not understand why the budget you proposed requests more than the
purchase price of the updated software. How would you respond to these concerns? (3 points)
I'm not sure
c) A few of the company's employees do not want to upgrade their smart watches. They explain
that it took them a long time to learn to use the current ones and do not understand why they
cannot continue to use it. How would you respond to these concerns? (3 points)
I would respond with a link to a tutorial video
4) With the smart watch idea explored, you now want to focus on emerging technologies that
could help the company expand its customer base.
a) Choose two technologies that you think would help the company meet its goals. Then fill in
the chart below to compare the technologies in terms of how they impact business in the global
marketplace. Include what the name of the technology and how that technology impacts
business in a global economy for each side. In the center box, include anything the two
technologies have in common with regard to the global marketplace. (3 points)
b) Which technology would you choose to implement at your company? (2 points)
Laptops, so you can open multiple tabs at the same time and multitask.