28 Sep Emerging trends and their impact to the business world
Order Instructions
1) Emerging trends and their impact to the business world. An example of a social trend is an activity that society has embraced such as social media as a form of communication. An example of a technological trend is the impact technology has on daily life such as the use of cell phones over landlines.
Describe what social and technological trends in the United States resulted in Cord-Cutters and streaming television and has changed the landscape of cable companies. Does cord-cutting impact our daily lives? How?
2) Outsourcing occurs when a business hires people outside of the organization to complete certain tasks. Mario is entrepreneur and owns his own business. He has 2 employees and outsources all of his Human Resource needs for his business. Mario’s employees came to him and said that their payroll is incorrect and they are being charged twice for their benefits. What are the pros and cons of Mario outsourcing all of his Human Resource needs?
3) Emerging future trends that impact business. An example is artificial intelligence. McDonald’s has been placing kiosks in their drive-throughs and inside restaurants (BBC News, 2019). What impact is AI having on McDonald’s and their employees?
