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Impact of technology marketing
Effective communication in collaboration
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1.marketing macro-environment: technological force impact in marketing mix
Technological innovations change our life-cycle in anywhere and at anytime and it is a way to help us to do better through saving time and convenience. base on fast pace of technological changes, the effect is huge to community at large and also shock in marketing mix which impact on product, price, promotion and place(distribution) respectively.
1.1 Technological influence in product
Product changes and update as fast as the technological change because when the new technology appeared, it will be implement to our current product to improve the product quality then also improve the firms performance. New technology connects a new product, which means a promise for higher technical performance and offering extra functionality and increased benefits to customer(Garcia and Calantone, 2002;Hill and Rothaermel 2003;Zhou, Yim, and Tse,2005, cited on Kock A, Gemunden H, Salomo S and Schultz, C 2011).In addition, technology can achieve a better performance for firm productivity with a introducing a new product design through its technology capacity(Grant 1991, cited on Hua S & Wemmerlov U 2006). In the Burgelman, maidique and Wheelwrigh's report(1996), they said that technology also usually changes the product design and improves the production capacity(cited on Hua S & Wemmerlov U 2006).Moreover, high technical product can support the firm to offer a higher quantity and better quality product in fast succession then should enhance its product advantage and market success(Hua S & Wemmerlov U 2006), and another view is technological influence has positive slow effect on the relationship between firm's innovation and product advantage. technological force has ...
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... rent and workplace(Anderson 2009, cited on Sharma G, Baoku L and Lijuan W 2012). Sharma G, Baoku L and Lijuan W also indicated(2012) that SL is efficient for building a collaboration platform to remove geographic constraints by effective communication. On the other hand, high technical companies are not vary flexible(Dovieac L&Balascu M 2012). In Dovieac L&Balascu M' report(2012), they said that the physical distribution and delivery of digital product was completely eliminate with high tech internet speed and access in industries because of possibility of down (Dovieac L&Balascu M). In sum, with impact appear from high technical change, classical market distribution has been shocked such the selling digital physical stores have to consider about changing sell market from physical to the online and it had changed structure of market distribution into internet age.
Technological -The knowledge explosion has introduced new technology for nearly every business function. As we enter a technology based century, the technology used in every organizations operation is increasingly turbulent, rocked by forces such as competition and customer demands. The technological element tends to develop through periods of incremental change punctuated by technological breakthroughs that either improve or destroy the ability of firms in an industry. It is the current state of knowledge about the production of goods and services in an industry.
Information technology has advanced in multiple ways in society, where organizations has implement the structure into their work environment. Industries have outsource their manufacturing to other places in the world and rely on telecommunication to keep the marketing. The geographic distribution has changed significantly by reducing the distance it takes to complete an operation, due to information technology. These are just a couple of examples of how this advanced technology has reshape our society and continuing.
This paper focuses mainly on the macrosystem, examining society, culture, and ecological system. Mental health and community counselors should keep in mind the complex, reciprocal interactions that characterize personal behavior in situations. Macrosystem: Describes the culture in which individuals live. Cultural contexts include developing and industrialized countries, socioeconomic status, poverty, and ethnicity.
The increase in women leaving work. Also leading to the need for time. saving produce for home Technological factors involve changes as the public see it, this. creates opportunities for the new products and product improvements. and marketing techniques such as the Internet, e-commerce.
Innovation comes in different forms and relates not just new products but new systems and processes followed to attract or differentiate their products and services with their competitors. One such could be Coca-Cola’s Share a coke campaign which was highly influential in creating a new base for their customers and gave them huge publicity. Hence innovation does not mean just the products but every other
However, without these technological and innovative changes we would not be where we are today. We have grown to rely on everyday items — cellphones, cars, and buildings — to the point where our lives would be drastically different
In the new economic era, the dynamic and competitiveness of enterprise operating environment have been reinforced constantly. Customer demands, the technology evolution, the competitive interaction and cooperative connection among enterprises, the market regulation and the changes of the circumstances all make the enterprise falling into a maelstrom of uncertainty. These uncertain elements can bring greater opportunity for the enterprises as well as threaten the life and death of the enterprises. What the enterprises should do is to explore new wisdom of strategic logic (Amit & Schoemaker, 1993) . Christensen, professor from Harvard University, from the new perspective of seeking the exact places where the profit of enterprise lies, proposed the disruptive innovation theory which caused extensive attention and heated discussion of scholars and practitioners. In this essay, the concept of disruptive innovations will be further explored by using the model developed by (Christensen, 1997) . The evaluation of the emergence of electric vehicles, a disruptive innovation in Chinese automobile industry will be used. The reasons why considering this innovation as a disruptive one will be outlined. Then, the in the realm of automobile industry, the responses of the companies to this innovation will be assessed so as to ascertain the elements that influenced these responses. And the extent how far does this example fits with Christensen’s model will be evaluated as well so that people can draw lessons and sum up the experience from any possible deviations.
Expansion of the technology trends hit the industry with another blow, consumers became “innovation-hungry”, constantly searching for new, cutting-edge products, which means a lot of investments in R&D for the industry players.
Introduction Technological development has added a profound effect in our daily life. Technology is one of the best achievements of scientists during the humanity. The world is changing and we are on the same speed of change. And, technology has become the means to make it easier and facilitate to get connected to people and resources at any time. This paper will reflect on the changes smart phones, electrical system, railroad and their potential changes on life and society.
What’s more scary about this technological trend is, companies are well aware that they can raise our bills even higher if they want have more impact in our economic situation. Internet is an addiction that entire World is revolving around it. And the way it is affecting our economical environments is not bettering our lives but making us cut backs in our essential needs to keep up with information technology trend. Political environment is also being impacted by new emerging trends. Because every emerging trend has its uniqueness, politicians have to work very hard to understand and make applicable laws about these trends.
Today there are no limitations to what technology can do to change the way we do Business. From online malls like(http://www.mall.com) to sites likeE-Bay technology has changed the way we do business. What we can conceive we can achieve. What is coming up next might impact our ways of doing business but the major impact, the major changes have began and what will lead now will be enhancing those changes. We have discussed many ways that technology has impacted our businesses.
The recent revolution of internet and dot-com boom has brought more people familiar to computers and the Internet. It seems like that we can hardly find our way through everyday life with out using or having an internet connected computer next to us. The way we think, live, and communicate was changed once for all with the invention of networked communication of computers. Computers are no longer a piece of machine that sits on top of our desk for us to admire the marvelous technology brought by the geeks and freaks of 80's, but for us to constantly use and put in to work. And in a way, environment which we live in, the society, schools, jobs, forces us to make friends with that technology. Just like when you don't have a telephone you will have hard time communicate with meeting with your friends, absence of instant messaging programs, or ability to use one, will place you out of the circle of events happening with the friends, or don't let you do the work as fast or as good as the one who uses the technology. This is one of the reasons why increasing number of people choose to have computers and internet as a prime communication tool not only between friends and for socialization, but for everyday life. People are increasingly finding new ways of getting things done not by the waiting at the other end of the phone line, but clicking the way through a certain web pages, or typing their message on emails and messenger program. On-line part of the business of almost all industries, not only limited to the dot-com companies but other 'traditional' businesses as well, has been increasingly finding it self positioning more valuable and growing in potential. We are all too familiar with the online shopping sites and class websites that we use almost everyday in a very handy way of getting things done.
Advances in technology have changed businesses dramatically, in particular the communication and information technology that are conducted in firms, which changed the appearance and pace of businesses over the past few decades. ICT in particular, has evolved a lot over the past 30 years; important information can be stored in computers rather than being in drawers enabling information to be transferred at a greater volume and speed (Guy, 2009). ICT has also expanded various forms of telecommunications and workload conducted in businesses, internet examples of this include: e-mails can be used to communicate with others...
Technology has changed modern society drastically, both positively and negatively. Technology has influenced every aspect of our life, making it simpler but not necessarily better. Albert Einstein was concerned about the advancement of technology. "I fear the day that technology will surpass our human interaction."1 Undoubtedly, what has changed the most are communication, the spread of information, and how business is practiced. Consequently, practically everyone knows how to use a computer, connect to the Internet, or use a smartphone. This is demonstrated by the way the Internet is used daily by millions of people to communicate, to sell, advertise, retrieve, and share information. Thanks to the Internet, information from anywhere in the world is at our fingertips. As a result, the advancement of technology has changed our life in many ways including; sharing of information, communication, business, education, social interaction, simplifying everyday tasks, replacing basic skills and jobs.
Keeping up with technology is difficult, tiresome, and firms find it very costly to keep at pace with it. Technology rapidly and constantly keeps on changing. Being at par technologically requires extensive research and strategic analysis of acquiring new innovation. Enforcing new technology requires staff retraining and in some cases making employees redundant.