Question

We live in a fast-changing world. We often hear that innovation is what’s needed to address the global challenges and local issues that we’re facing, to seize new and unexpected opportunities as they arise and to make our world a better place. Therefore, new invention derived from research developments, technical knowledge and tools independent of product and service initiatives. a. Compare disruptive and sustaining technologies. Support your answer with relevant examples. b. Explain how the Internet and WWW caused business disruption. c. Describe Web 1.0 along with ebusiness and its associated advantages. please type it do not handwritten . and not copy from chegg

Answer 1

*Answer:

Technology has brought a revolution into the way we live today. Over the years human beings have experimented and implemented scientific researches and findings to innovate technologies that can save time and make the lives of people easier.

Let us now do a comparative study between disruptive and sustaining technology with relevant examples, to better understand the innovations:

Disruptive Technology	Sustaining Technology
It is defined as the invention of a new product and then making the people aware about its need in their life.	It is defined as developing existing products, adding more value to it and enhancing its functions for better use.
There might not be any established competition of these products in the market as it is a new innovation. E.g. Apple’s iPod in the year 2000	There might be products available in the market similar in nature. E.g. Smartphones (companies can add more features but cannot change the product)
The need for this type of innovation also arises when people want to complete their work faster. E.g. High-speed travel technology	The need for improving a particular product arises due to competition or consumer demand. E.g. Television (features are being added over the years to provide better picture quality HD, take less space and have additional features like Smart TV.
These innovations can be cost-effective, convenient and affordable.	There must be proper research done to enhance an existing product that will incur the cost and the new product will be expensive to buy.
Few more examples are as follows: Robotics, 3D Printing, Artificial Intelligence, etc.	Few more examples are as follows: Cars, Xerox, Light bulbs.

Doing business was never so easy, with the internet and World Wide Web manufacturers, marketers and consumers from across the globe sell and buy products with ease. But this is not limited to just selling and buying, even promoting products and earning out of it has become one of the biggest trends online. A person from one country buys a product from another country at a cheaper price and sells it to yet another country at a higher price and all this happens because of the internet and the World Wide Web. It has now become very important for any business small or large to maintain an online presence or at least be available for business enquiries on the social network to increase revenue and have a wider customer base.

Web 1.0 can be termed as an emphasis or iteration of the web in total, in simpler words it made information available to people across the globe without any restrictions. This gave immense support to eCommerce/business where producers can implement shopping cart applications and provide all the details required by the consumers about the product being offered. It gave the product maximum exposure without geographical restrictions and helped in establishing trust among the consumers, as more and more information regarding their favorite products got listed on the producer’s website and consumer where able to read all about it and purchase the same from anywhere with ease.

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