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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Comprehensive Exam Part 2 - Question 4

Comprehensive Exam Part 2 - Question 4

Q Question 4: It may seem inevitable that market leaders will find their market share eroded substantially as a result of technological change. Provide reasons why this occurs and examples of disruptive technologies that may prove to serve as a catalyst for major corporations in the next five years. Why is it important to stay abreast of this type of information as a manager?

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The introduction of new technology which helps in fuelling some of the major businesses of today are expected to get fade away with the advent of the newer generation of technologies which lies on the forefront of coming into the mainstream markets. These kinds of markets may be some of the automobile industries which gets benefitted from the machine learning capabilities to information technology. The main thing of these kinds of technology is that they remain available in the market to both the major as well as the minor players and they appear to be operating quite well over the long run scenario. They do possess a much better form of manufacturing capabilities, sustainable energy and many more. All these are being done so that the level of productivity and efficiency can be increased as and when needed.