...share information and transport goods worldwide. The advancement in telecommunications and transportation has had major impacts on the globalization of markets and on production. The major rise of the Internet and the World Wide Web has directly impacted these technological advances. The development of microprocessors has also been a large factor. The growth of low-cost but high-powered computing has boosted the amount of information that can be processed by firms and individuals. Advances in telecommunication technology are a direct result of the microprocessor. Massive amounts of data and information are encoded, transmitted and decoded by microprocessors powering the telecommunications technology. Microprocessors have consistently dropped in prices as their processing power increases. This phenomenon between the relationships of cost versus power of microprocessors is known as Moore’s law. As Moore’s Law continues, the cost of global communications falls drastically. The lowered cost of communications and the ability for buyers and sellers to find each other online reduces the barriers such as location, time zones and scale. This allows businesses and individuals to have a global presence and control and coordinate their globally dispersed production systems. Major innovations have occurred in transpiration technology as well as telecommunications. Innovations such as commercial jet aircraft, containerization and super-freighters have shrunk the cost of transportation and the time...
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... EFFECTS OF ADVANCED TECHNOLOGY TO PRODUCTION OF FOOD A Review of Related Literature submitted to the Faculty of the Department of Economics Crystalgene D. Silorio August 10, 2015 INTRODUCTION The world has progressed through hunter–gatherer, agricultural, and industrial stages to provider of goods and services. This progression has been catalyzed by the cultural and social evolution of mankind and the need to solve specific societal issues, such as the need for preservation to free people from foraging for food, and the need for adequate nutrition via consistent food supply year round. These forces led to the development of the food industry, which has contributed immensely to the basis for a healthy human civilization and helped society prosper and flourish (Lund 1989). According to the Food and Agriculture Organization, our population is increasing, and we need a 70% increase in food production. We have to grow, harvest, distribute, and consume our food more efficiently to feed all those people. We are not gaining more farmers or any other resources, and the production of our food is not as fast as our growing population, so the use of technology for the innovation of food production is a great help in addressing the issue. EFFICIENCY OF TECHNOLOGY The production of food is not always the same, it also depends on our resources, area, and climate. The natural disasters we experienced also affects the production. Technology has a great impact in...
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...By having multiple productions plants globally, it is able to create flexibility and backup options should one of their plants fail to deliver when there is natural disasters or uncertainty within the country. During the Thailand floods, its production was greatly affected as its plants were shut down and unable to operate due to the damage caused by the flood. (Thailand was responsible for the production of 891,000 forecasted vehicles, one of the biggest in SEA). Due to the crippling of its plants in Thailand, Toyota has to scale back its productions in the rest of SEA due to issues faced while exporting certain parts from Thailand. The car maker estimates the disruption in the parts supply chain has affected about 100 kinds of parts. The overall output loss caused by the floods amounted to an estimate of 37,500 vehicles. ISSUES FACED: Toyota has to be prepared for unforeseeable circumstances such as natural disasters. As shown, during the Thailand floods in 2011, its production was scaled back by 37,500 vehicles. Backup supplies from its other branches around the world creating the same vehicle parts could be supplied to SEA during this period to alleviate the burden faced by the plants in Thailand. OPINION: Safety is one of Toyota’s key concerns and also selling point. This must be ensured from the various parts that make the car, from the start to the end. It is understandable that Toyota decided to specialize each plant so that they can be focused on what they produce...
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...out over a co-worker * 10 votes to dismiss Foreman Edward George The workers are the most important asset to the company, so their interest should be first. Second, you have to figure out what to do about the votes to dismiss Ed George. Solutions: Talk to Ed George about his problems with his co-workers. Hold a meeting and get even more workers involved in the voting process, the take another vote. Item#4 Problems: * Overloading which can result in interruption of electrical power. * Not being reachable for Southern Power Solution: Contact Southern Power ASAP. See if they could come out and help with the problem. Item#5 Problem: * Balancing your work and his until Wednesday * Upping production by mid December in the long run Upping production would be the most important problem, because it’s long term. Balancing your work load is just something you have to do until your boss gets back. Solution: Schedule your...
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...Production Healthy options have become increasingly important to fast-food chains, said Bob Sandelman, executive officer of Sandelman & Associates, a San Clemente, Calif.,-based restaurant research and consulting firm. Chick-fil-A is making the difference staying ahead of the competition and meeting consumer preferences for healthy foods. Not only by serving healthy entries, also have implemented new technology to help customers with the needs. Chick-fil-A has reported that the main production is the chicken sandwich, waffle fries and coke. But consumers are moving more toward other options, such as salads and wraps. One of the most recent improvements in the Chick-fil-A company is very popular software known as CORDA Technologies which have been acquired to visualize and interacts with the company productivity (LDMR 2009). The concept of marginal productivity and the law diminishing marginal productivity play a very important role in this case, for example, few years back the prices for Chick-fil-A production were higher than the rest of the fast food restaurants, bringing prices to an affordable level is what is causing to attract more consumers into the market. Corda Technologies will help to visualize and create solutions for the company (Corda Tech 2009). Excellence and improvement is always been a priority for the company. Chick-fil-A main goal is to focus on whom and what works better, by employing the appropriate personal to operate the system properly...
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...Introduction This essay will cover the meta-theoretical assumptions that make up the modernist and symbolic interpretive approaches and how the respective theories under these perspectives describe about the relationship between organisations and technology in the environment. Meta-theoretical assumptions Ontology refers to our assumptions and concepts about reality. According to Hatch and Cunliffe (2006), concepts produce mental categories for arranging, categorizing and keeping experience in memory. This mental documentation assists in the studies of an object’s nature of existence, whether or not it is real or illusory. It suggests that although we do not see something perhaps it does not mean that it doesn’t exist. The study of ontology takes 2 conflicting views, subjectivism and objectivism. The ontology of modernism is objectivism. The modernists believe that reality exists independent of our knowledge of it. From the objectivist’s point of view, reality is experienced through our five senses and our knowledge of what’s around us is derived from what we encountered and that the knowledge may be substantiated overtime by scientific methods to enhance its reliability (Hatch and Cunliffe, 2006). However, this is strongly objected by the point of view of the subjectivists. The subjectivists believe that the reality exists only when it is experienced and registered by someone. In addition, the symbolic-interpretivist broadens the perspective of reality to involve collection...
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...I. Time context: 1997 II. Viewpoint: Hilary De Leon – Founder and CEO III. Major Policy statement Micrologic is one of the most technologically competent firms in the country and a research development firm known for designing high-technology product. IV. Current Business Policies a. Management Policies i) Micrologic management people are well educated in Management of Technology. ii) Hilary de Leon established the new firm and it is called Micrologic. iii) As a CEO, Hilary is active in discussing and resolving issues related to technology. b. Marketing policies i.) Micrologic consider trading of technology in choosing foreign partner. ii.) Micrologic participates in industry trade fairs. c. Operation Policies i.) Using of logic analyzers,oscilloscopes and PC computers for operation. ii.) Micrologic is an R&D for creative designs and development. iii.) More on product development than manufacture. d. Finance Policy i.) No such finance policy in the case. e. Human Resource i.) R&D has 3 engineers ii.) Micrologic has 13 employees. iii.) Hilary De Leon hires people from only top 4 engineering schools. V. Social Responsibility Application i.) Encourage people to improve their lives. ii.) Give employment iii.) Payment of taxes to the government VI. Statement of the Problem How can Micrologic excel in Technological industry? VII. Statement of Objectives a. Long...
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...the same industrial sector in developing new technology to try to maintain competitive advantage. CONTENTS INTRODUCTION 3 TECHNOLOGICAL DEVELOPMENT 4 (i)PRINCIPAL STAGES OF TECH DEVELOPMENT 4 (ii)BASIC INDEXES OF TECHNOLOGY 4 ROLE OF R&D 5 TECHNOLOGICAL INNOVATION 7 ANALYSIS 10 (i)SAMSUNG 10 (ii)APPLE 12 PORTER’S 5 FORCE MODEL COMPARISON 15 SWOT ANALYSIS 17 CONCLUSION & RECOMMENDATION 19 REFERENCES 21 INTRODUCTION This paper seeks to compare core and enabling technologies of two organizations in the consumer electronics industry. Apple is currently first in the brand value while Samsung is sitting in the second position. Whereas Samsung has the maximum market share in the mobile industry. Apple leads the line in the tablet segment. Both the companies compete fiercely in almost all the segments such as Laptops, mobiles. Apple’s is preparing the next innovative product called the Apple Tv. Apple and Samsung both generate huge profits but it is the latter which returns huge revenues each year and Apple is slightly losing its charm since Samsung is coming up with innovative and high tech products every year.. This paper further analyzes contrasting strategies of core and enabling technologies between two organizations. Both companies rely heavily on R&D and Innovating new technologies. Apple has been the leading innovator since...
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...design of complex systems in India is undermined by inadequate resources for experimentation and testing. This results in overly long development cycles. Design/Development & Production Gap After independence, India adopted the Soviet model of separation of design and development from production. As a result, we have a huge network of government owned and operated research and development laboratories and facilities, and a separate network of production units/factories (like the ordnance factories in the case of defence). The separation between R&D and manufacturing has worked to our disadvantage in multiple sectors. Take the case of telecom, where the Centre for Development of Telematics (CDOT) set up in the 1980s created contemporary digital exchanges that were well suited to the hot and dusty conditions of India and the then prevalent high number of “Busy Hour Calling Attempts.” But as I documented in From Jugaad to Systematic Innovation: The Challenge for India, the separation of the technology provider from the manufacturers (a set of licensees who themselves had limited technological capabilities) meant that CDOT was one step removed from the marketplace and that the licensees never invested in creating their own technological capabilities. As a result, over time, the CDOT technology failed to keep pace with the needs of the market and lost out to products imported from global...
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...1. Introduction Harberber and Rieple (2008) define strategy as a set of intentional or inadvertent set of actions through which an organization develops the required set of resources, efficiently target valuable customers, meet financial targets and competes effectively. These strategic decisions drive the long-term direction of the organization, the scope of its activities, help gain advantage over competitors, and address changes in the business environment. The case of IMAX begins in 1994 when business partners Gelfond and Wechsler decided to purchase the organisation from its original owners and take the company public. IMAX operates in a people oriented business, operating within the entertainment industry. Through the years the owners have made strategic efforts in the direction of reaching new audiences. These efforts, in addition to IMAX’s external environment, will be analysed and explored in the sections that follow. The result of this analysis will be the comparison of the firm’s strategy with the identified industry survival and success factors, in a bid to ascertain the relevant factors that would drive future growth. 2. IMAX’s business environment A number of theorists, notably Michael Porter (1979) have developed several frameworks for understanding and analysing the effect that an organization’s external environment could have on its competitiveness and profitability. These frameworks identify the following as notable forces: Threat of new entrants; Threat...
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...RESEARCH AND INNOVATION POLICY OF BRAZIL 1. Some Numbers: • Total area - 8.5 million km² • Population - 191 million • GDP (2010) - 3,7 US$ trillion • Investment in R&D - 1.25 % GDP in 2010 • Scientists and researchers - 231,000 in 2010 (headcount) • Scientific papers - 2.7 % of world scientific production • world's sixth largest by nominal GDP • eighth largest by purchasing power parity. • moderately free markets and an inward-oriented economy. • the largest in Latin American nations ere. • one of the fastest-growing major economies in the world with an average annual GDP growth rate of over 5 percent • together with Mexico, has been at the forefront of the Latin American multinationals phenomenon by which, thanks to superior technology and organization, local companies have successfully turned global. 2. Overview Brazil has many times in its history praised to be the land of the future. First, Brazil with population of 190 million, the past eight years “Bolsa Familia” social program have lifted over 40 million Brazilians out of poverty and into middle class. This creates interesting platform for creating context related innovations and scaling bottom-of-the-pyramid innovations (disruptive and reverse) globally. Second, Brazil was almost non-effected by financial crisis 2008, a signal for strong and stable macro-economic policies. This means that Brazil, first time in its history, is becoming an interesting country for long term investment...
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...– Strategic Management – Professor Deane April 30, 2011 Jacob Clelland 250 422 823 EXECUTIVE SUMMARY The Geox group is an Italian footwear company has made its mark through technology innovation in fabrics and materials. It has been operating since the 1990s and became public in 2004. Geox focuses on providing its costomers with high comfort through technological innovation. They focus heavily on research and development in order to produce cutting edge technology that will differentiate their brand within the footwear market. The footwear industry is a mature market with many international competitors. In Europe, the footwear is dominated by many small & medium enterprises, which gives firms more flexibility to cater to specific consumer needs. The basic drivers for consumers buying decisions include demography, disposable income, basic needs, style and new materials. Fashion trends have a major influence on the footwear industry as well as new technology. The industry is very labor intensive and most companies follow a delocalization manufacturing strategy to capture lower labor costs. The primary market segments include Sport/Athletic, Work and Brown. Geox competes mostly in the Brown market but acts as a competitor in the Athletic market because of their focus on technology. Competition is harsher in the Sport/Athletic market as it is the largest market in the footwear industry. Geox should continue to exploit new market opportunities embedded in technological...
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...industry, but there are also innovative "tricks." Light advances in smart technology, agriculture, industrial modernization and expansion of the scale, grain and oil machinery where what should the innovation from it? Only adapt to the market, continue to update the existing production lines, extend the industrial chain, the development of new products and achieve self-improvement. Particularly important point is that innovation can not cart before the horse, must meet consumer demand. Henan Grain and Oil Processing Machinery "go out" came a major positive: The United Nations World Food Programme (WFP) in African countries Poverty Conference held in June this year on the recommendation of our province will focus on grain and oil processing enterprises in production of advanced machinery. "The development of agriculture, one by the policy, and on the technology, the three by investment, but the three most can tap the inherent potential and the future development and play a supportive role in the drive, or the science and technology 'first productive force." For the construction of an innovative country, there must be a number of world-class research institutions, research universities and innovative enterprises. For Chinese enterprises, innovation is not an unfamiliar topic. But a long time, a problem has plagued Chinese companies, that is: in the end what they innovate. We always sure sense technology. No technological innovation, product build will be unable to implement, businesses...
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...According to reading the firm situation that it is facing is chosen one type of production technology over the others and under what circumstances is the one type of technology is more effective than the others. However, the company management faces many trials and decisions on a day-to-day basis in the global marketplace in their determinations to keep their company competitive. Companies understand the risk and reward associated with engaging in these types of projects and must understand the impact on their company’s current and future states (Kim, 2005). Companies use metrics to monitor, measure, and manage the different processes within their operating system. They must also determine the project leadership structure with this information in mind and understand the “layering” that exists in the decision-making process for these types of projects (Kim, 2005). There are many influences that can impact technological projects. One of these is the level of management complicated in the development. The decision-makers range from top management, middle management, supervisors, and down to the operators on the shop floor. The participation by all these parties is critical to the success of the project from planning, execution, and integration of the new technologies into the functioning processes for the company. According to this case study, by looking at data analysis from 22 manufacturing plants using 83 technological missions, substantial statistical propositions formed...
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...The invention of technology & its advancement in the past few years has taken a toll on human civilization’s & drastically transformed life on earth. Companies & businesses have thrived being able to increase fast production for a lower cost and also decrease the chance of human error in the process being able to store and share information with ease. In the novel Brave New World the author Aldous Huxley tries to demonstrate the dangers of when humans and the society they live in make technology a god. Right from the beginning, the Bokanovsky and the Podsnap technique are introduced to explain the production of the humans. These humans are then placed in a group called castes and participate in a method called sleep teaching. Of course, these humans still go...
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