Question

Research and answer the following for selected country: Germany.

Define a current problem in Germany. Who is affected? Where are the individuals located? What are the resulting socioeconomic costs of the problem to the affected individuals?

What global and /or local technologies are emerging that could be used to solve the problem? What are the costs associated with implementing the technology solution?

Identify the location of the technology in the hype cycle within the country.

Apply the hype cycle and the 6 D's of Disruption model (also known as 6 D's of Exponential Change) to the emerging technology. Explain the effect of the convergence.

To what extent will this emerging technology foster sustainabitity practices on the economy in the selected country?

identify two recommendations how an existing MNC in the selected could support sustainability implementation of the emerging technology to resolve the problem.

Answer 1

. Current problem in Germany is low wage growth and inflation, aging society, budget increase, balance savings are the common economic challenges in Germany. Due to this many young people affected by unemployment . This results in lifestyle, savings, etc of young people. Aging society dominates in Germany they require more medical expenses and pensions. . technology helps in many ways to solve economic problems. Efficient increase in production can generate through automation, management service,security services can prevent stealing etc. Their is high need of cost to implement technological services, but good return, yield in production, security all are assured. . gartener hype cycle helps to determine technology trend to relative market gross. By using this cycle technology problems can be managed and increase in market. Using this cycle countries data in health, automobiles and other technological development can be charted. . convergence carries different technologies in economy to enhance increase of growth. Digitization, deception, disruption, demonetization, dematerialization, democratization. These factors include and determine the convergence. . Sustainable development can develop in country through establishment of strict law. Govt should need to ensure using resources by company in certain rate, also want to check pollution rate, strict enforcement from govt side, approving license to start up of large sector by carry-on certain provision of sustainablity such deforestation, reduced emmision of co2 and using proper resources. . MNC's need to conduct discussion, meeting with staffs, constructive criticism and disciplinary action should need to taken to staff who misuse resources such as not switiching off lights, over usage of fan, ac's etc. Reduce emmision, usage of toxic products need to taken. Collective decisions in large group helps in managing of resources.