Could someone help me with an response. Please see attachment.
Could someone help me with an response. Please see attachment. Thank you
Learning Activity #1:Using this week’s course material, closely examine the article,Companies ThatDidn’t Adapt to New Technology and Then Went Bankrupt.· Is there a common set of behavior that was prevalent in the decisions madeby these companies to refrain from the use of the new technology? If so, what isthat behavior?· What can we learn about disruptive technology and these companies?Explain thoroughly.Here’s my answerThere are companies that did not adapt to the newest technology and therefore these companieswent bankrupt when the actual time to employ the new technology came and it was found thatthe companies were behind technology therefore could not afford the way out and could not evencompete the technologically adapted companies.(Abidi, 2012) In this case the companies wentbankrupt. These companies included Xerox, Borders Books, Blackberry, Yahoo, Polaroid andMyspace.(Blatt, 2014)There existed a common behavior and belief in all these companies that never adapted totechnology. The claim was that technology never comes as fast as it had done. That technology isa series of processes, they also believed that the customers would not shift that fast to the newtechnology therefore there was no need of shift to the new technology.( AGRAWAL, 2016)The lessons learn here include doing a thorough study before making a decision, engaging anddiscussing issues when their topics arise, and in this case it is wiser discussing with competitorsand customers so that different views and opinions can be gathered. In the case of decision, it isimportant to follow the majority decision to be on the safe side rather than remaining alone introubles and problems.Here is the responseYou indicated that lessons learned should have the companies do a thorough study before makinga decision.Perhaps had they used a decision making model and were aware of the biases that they weresusceptible to would have been a good start.Need a response to this response.
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"
