Market Disruptions and New Technologies

Assessment Description

The purpose of this assignment is to identify and research a potential problem that technology will help solve.

Select a problem that a customer will pay for because it ameliorates a problem or provides a benefit. Global problems such as climate change, pollution, etc. are not relevant to this task. 

The ultimate goal is to imagine where technology will be in 18–36 months and how it will solve problems. Technology is constantly growing exponentially. As entrepreneurs, you have opportunities to use this technology to solve grand problems within the world that would better the human condition.

Prepare this assignment in a one- to two-page executive summary that includes the following:  

  1. A problem description (define and describe your problem) and include at least one image of the problem.
  2. Include a detailed description of who is affected by the problem (how many people, etc.).
  3. A technology solution.

During the construction of this assignment, consider the personas of the specific population. Contemplate demographics, such as marriage status, age, socioeconomic status, language, and religion.

This assignment requires a minimum of two scholarly or industry reliable resources. 

Prepare this assignment using effective business writing style. Refer to the resource, “Effective Business Writing,” located in Class Resources, for specific guidelines and formatting requirements.

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

You are required to submit this assignment to LopesWrite. A link to the LopesWrite technical support articles is located in Class Resources if you need assistance.

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Market Disruptions and New Technologies

The purpose of this assignment is to identify and research a potential problem that technology could help to solve. The ultimate goal is to imagine where technology will be in 18-36 months and how it will solve problems. Technology is constantly growing exponentially. As entrepreneurs, you have opportunities to use this technology to solve grand problems within the world that would better the human condition.

Total word count 750

Part 1

Identify at least three innovations that are currently disrupting an existing market. Write a 250-word summary describing each innovation, how it is changing the market, and the benefit it will provide. Include the following items:

  1. Describe the innovation and how it is disrupting the market.
  2. Explain what benefit the innovation provides.
  3. Describe what barriers limit the adoption of this new technology.
  4. Explain how many people are affected by the problem.

Part 2

Write about three future potential disruptions. Identify at least three new technologies, such as artificial intelligence (AI), robotics, social media aggregation, self-driving cars, or improved battery technology, that could disrupt a market in the future and improve the human condition. Examples of how a technology change could impact existing markets include:

  1. Significant reduction in cost.
  2. New way of delivering a product or service.
  3. Improved service.
  4. Product performance improvements.

Write three descriptions, one for each of the new technologies. Each of the three descriptions should be 250 words addressing the following three items:

  1. Describe the innovation.
  2. Describe the market and explain how it is changing.
  3. Explain how the innovation will disrupt the market.
  4. Explain the benefit it will be providing to customers.

General Requirements

During the construction of this assignment, consider the personas of the specific population. Contemplate demographics, such as marriage status, age, socioeconomic status, etc.

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All types of paper that Discount Writers provides is only for the purpose of assistance! No text, paper, assignment, discussion would be similar with another student therefore guaranteeing Uniqueness and can be used with proper references only!

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Assignment Help: We would write your papers according to the instructions provided and guarantee you timely work

 

Entire Online Class Help: We are here for you and we would do your entire Class work from discussions, assignments, Replies, Exams and Quizzes at a Cost

 

Exam/ Quiz Help: We have a team of writers who specialize on exams from any specific field and we would give you an A+ Grade!

 

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