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Week 2 Team Assignment: Emerging Technology Plan, Part 1
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Part 1: Business Idea and Executive Summary
Use the Internet to research how to gain a competitive advantage using emerging technology.
Brainstorm, as a team, emerging technology ideas that your selected company can use to gain a competitive advantage in their field.
Create a 1- to 2-page executive summary that answers the following questions:
What type of company is it? Describe the market the company is in.
Is there a particular product or service utilizing emerging technology that is more strategic than others and offers a competitive advantage for this company? Explain.
What technologies are you considering using to implement this product or service?
List development and implementation considerations.
How much money do you need to cover the cost of implementing these new technologies? In what stages will you need the money? What will the money be usedfor?
Discuss any marketing considerationsSubmit your presentation.
SOURCE: WWW.ROYALRESEARCHERS.COM
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