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Words: | Submitted: Thu Jul 11 2002
... not only cause disruption and dysfunctional crisis but also a substitute of diligence. Method of a change as a factor of revolution takes the form of strategy and strategy emphasizes in innovation and introduction of new products and services. Advocates argue that firms embarked on innovations are likely to win over markets with respect to other competitions. This revolution is continuing till present date. This could be seen in the airline industries and automobile companies such as Mercedes Benz, Toyota, etc. Airbus planes have taken over Boeings and Toyota has introduced its new concept car which works on rechargeable batteries. Major technological changes involve introduction of new equipment, tools, automation and computerization which all are examples of change in revolution. Automation replaces people with machines. Today robots are used for most of the jobs in several industries. Credit cards have brought a revolution about peoples' spending habits. Furthermore, the advents of ...
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