Future business environment

what happens to the employment level with the advancement of technology

• Employment level increases

• Unemployment level increases

• Fall in the level of unemployment

• no change to the unemployment level

How many employees did Instagram have in 2012?

• Less than 20

• more than 100

• between 50-60

• 450 Employees

what company required many employees?

• WhatsApp

• Instagram

• Kodak

• Youtube

How to prepare yourself for the future?

• Develop new skillsets

• Watch Netflix and chill

• Learn & not implement

• Focus only on one goal

What kind of mindset will help you learn despite the changing environments?

• Growth mindset

• Fixed Mindset

Who sells products and services to customers using an online store?

• Mangers

• E-tailers

• Retailers

• Employees

Why is Continual innovation important to business success today?

• Keep up with the rapidly changing market

• To survive in the market in the short run

• To improve product development

• To be Obsolete

What benefit will the business gain if they are advanced in technology?

• Increase lead time

• Less productive

• Increase efficiency

• The low initial cost to start up

which business model, when a firm sells online directly to consumers?

• B2B

• B2C

• C2C

• B2G

If you were using Email to chat on the company intranet, who might you be talking to?

• your mom

• your manager

• your roommate

• someone in another company