These inventions were predicted to have high social effects also. (Characteristics, History, and Importance of Technological Forecasting) Over the years the government decided to make its role permanent through an office of Technology Assessment as permitted by the Technology Assessment Act. The aim of this office was to provide congress with all required information for support, management and regulation of applied technologies. This shows the great interest that the government has developed in technological forecasting and methods of forecasting and that has led to greater interest among the general public in the matter.
Business Model for technology development companies
There is no technology that has continued to develop permanently, but some organizations concentrate on development of technology. For these organizations it is important to have a capacity for technology forecasting. A case of the development of solid state technology, which started in the 1950s led to its application in different areas and had great social and economic impacts. Based on this technology has been the development of IC technology and that is now a mature technology and forms the base of the present knowledge-based economy. Similarly, there was the development of biotechnology in the 70s and that has a great impact on improvement of the quality of life for humans and giving birth to a number of new industries. According to scientists and elites of industry the latest development will come from nanotechnology which has taken off only in the 90s and that technology is likely to lead the next set of changes in technology. This seems to be an essential requirement for a sustainable society and is likely to replace both solid state technology and bio-technology from the peak, and the importance is expected to last till 2050. (Meng, 2003)
The process of nanotechnology is interdisciplinary with direct links to science and technology. The situation of nanotechnology is different from bio-technology and solid state technology in that no country is ahead of other countries by 20 years as is the case in the older...
This allows for greater levels of planning and cooperation, and fills in the information gap that currently exists between the factory floor and the rest of the supply chain. Lexmark provides an example of waste. Recently, the company found itself with more than $1 million in scrap from one lot. Engineers had insufficient information to isolate and fix the problem, so were instead relegated to crisis control. With more accurate
Business Information System Air Asia: Business Information System The airline industry throughout the world now has become a competitive business especially with the never-ending increase in aircraft fuel. Different airline companies are finding different ways of attracting customers via several marketing initiatives. In Malaysia, AirAsia, founded in the mid-1990s, offered no frills budget fares with the marketing theme "Every One Can Fly. (AirAsia 2011)" This Malaysian airline company has captured the market
An expert system that takes into account the constraints of schedules, previous commitments to training and programs that the post office employees must participate in on a periodic basis would all need to be taken into account. A constraint-based expert system would be able to optimize the staff levels, where a rules-based expert system would continually need to be updated to reflect the latest status and schedule of each person. A
Call centers have become a very vital component of business today and employ several million people the world over. Their increasing role and place in operations have made them a target for researchers looking to study operations management. This has been the case in several fields including capacity planning, personnel scheduling, queuing and forecasting. Further, with the advancement of information technology and telecommunications, new challenges have arisen that call centers
Foot Locker Company Evaluation Foot Locker is one of the global leaders in the athletic footwear, apparel and multichannel retailing market., with 3,500 stores globally operating in 21 countries. The company operates retail outlets across a variety of brands including Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Footaction and CCS. As of this writing the company employs just over 38,007 employees with the majority being part-time (approximately 25,000)
Business Plan for a Financial Divorce Software Business Plan Divorce Software Business Plan relating to the Sales of a new Financial Divorce Software. Business Plan relating to the Sales of a new Financial Divorce Software F F1 F2 F3 G1 G1(a) G1(b) G1(c) Business Identification Keys to Success Company Summary Industry History Legal Form of Ownership Location and Facilities Management Structure Products and Service Market Analysis Target Market Industry Analysis Competitive Analysis Market Strategy Ps of Marketing Price List Selling Strategy Sales Forecast Implementation Strategy Overall Strategy Implementation Control Plan Financial Statements and Projections Revenue and Cost Estimate Forecasted Profit and Loss Statement Forecasted Balance Sheet Financial
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