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Papessa [141]
2 years ago
11

Taking into account recent technological developments what technical advances do you think are possible in the next twenty years

? Identify and explain at least three advances you think will be possible by then.
Business
1 answer:
9966 [12]2 years ago
5 0

Answer:

1. Automation and robotics

2. Hyperloop and autonomous vehicles

3. Smart drones

4. Virtual reality learning

5. Space vacation (tourism)

Explanation:

1. Automation and robotics: This will continue to transform the manufacturing sector in various ways with use of Internet of Things (IoT), learning though data collection and analysis, there will be a general increase in robotic integration.

2. Hyperloop and autonomous vehicles: pneumatic tube that uses a series of linear induction motors and compressors to propel vehicles at super fast speeds. Hyperloop’s technology will be the future of long distance travel in the world. Also, autonomous vehicle technology will become a safer alternative to human driving.

3. Smart drones: The use of drones for delivering parcels, Medicine, Pizza, and all types of goods is receiving large investment from Google, Amazon, Walmart and so on. Drones will be the future of delivering items in future.

4. Virtual reality classrooms and meetings: This is a technological advancement that will provide an engaging and immersive experience in learning and other virtual meetups without leaving ones current environment.

5. Space vacation (tourism): This will give opportunity to the members of the public to buy tickets(return tickets) to travel to the space and probably stay for a given period. With the help of companies like Spacex, Orbital Technologies etc, space tourism is becoming a realistic target.

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___ is a portfolio-planning tool for identifying company growth opportunities through market penetration, market development, pr
pentagon [3]

Answer:

Product market expansion grid

Explanation:

Product market expansion grid -  

It is used to plan for the company , when the company is indeed of expanding , is referred to as Product market expansion grid .  

The strategy or information required for the company to increase sale of the goods and services or introducing a new product in the upcoming market , uses this plan.  

Hence , from the given information of the question,

The correct term is  Product market expansion grid .

8 0
2 years ago
A trucking firm has a current capacity of 200,000 cubic feet. A large manufacturer is willing to purchase the entire capacity at
QveST [7]

Answer:

The Manager should save 45,223 cubic feet of capacity for the spot market.

Explanation:

Solution

Let us consider the following information:

The bulk contract  cost, cb is 0.10 per cubic foot per day

$0.13 per cubic foot per day

The mean demand μ = 60,000

Standard deviation σ = 20,000

The current capacity is 200,000 cubic feet

Now,

let us determine the optimal value by applying the formula shown below.

p = cs- cb/ cs  ------(1)

Let also calculate the trucking capacity that should be saved for the spot market

Q =NORMINV (p, μ,σ )------(2)

Thus, we substitute the values in the equation (1) given below:

cs = 0.13, cb =0.10

p =0.13-0.10/0.13

=0.03/0.13

=0.23

Now, substitute the obtained value of p in equation (2) with μ = 60,000 and σ  = 20,000

Q = NORMINV (0.23, 60,000, 20,000)

   = NORMINV (0.23, 60,000, 20,000

= 45223.06

= 45,223

Therefore the Manager should save 45,223 cubic feet of capacity for the spot market.

7 0
2 years ago
The descriptive term used to explain how people, businesses, and countries around the world are more interdependent because of t
sasho [114]

Answer:

Globalization

Explanation:

Globalization can be regarded as process which involves integration as well as interaction of people across the globe as well as companies and governments across the world. Globalization has improved as result of advances in transportation as well as communication technology which makes the to come together.

It should be noted that Globalization explained how people, businesses, and countries around the world are more interdependent because of the changes in forces like transportation, media, technology, and global finance.

4 0
1 year ago
An insured owns a $50,000 whole life policy. At age 47, the insured decides to cancel his policy and exercise the extended term
Arlecino [84]

Answer:

The face amount of the new term policy would be $50,000

Explanation:

In life insurance, face amount is referred to as the amount paid on the policy's maturity date, on the death of the insured, or if the policy terms permit on his or her total disability.

The face amount of the term policy would remain the same as when it was purchased as provided under the whole life policy. which is $50,000.

8 0
2 years ago
A company's sales forecast would likely consider all of the following factors except: advertising and pricing policies. top mana
Dimas [21]

Answer:

top management's attitude toward decentralized operating structures.

Explanation:

8 0
2 years ago
Read 2 more answers
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