Environmental influences - External factors - Technological factors
8 important questions on Environmental influences - External factors - Technological factors
Why are technological developments essential?
What are important stimuli for technological innovation?
- Competition
- demand for more environmentally friendly goods and services of a higher quality, with a lower cost price, which can be delivered faster and more conveniently
In which areas can major technological changes and successes expected?
- Artificial intelligence
- Network speeds (5G)
- Energy transition
- Biotechnology
- Information technology
- Robotisation (automation)
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What is Information Technology?
What is robotization or automation?
Developments in information technology will exert a big influence on all organizations in the coming years. The main consequences of this will be:
- Fundamental changes in the way work is done
- Integration of functions
- Changes in economies of scale and decision-making
Integration of functions. Through the expansion of communication networks, relevant information can be made available in the right form, at the right moment, and in the right place. What are the three different identifiable categories of function integration?
- Within the organisation
- Between organisations
- Electronic markets
Why is the size of the R&D budget not necessarily an indicator of the potential success of a business?
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