Question

In: Operations Management

Several technological trends are occurring in the new economy. Which of the following is not one...

Several technological trends are occurring in the new economy. Which of the following is not one of these trends?
a. The internet, World Wide Web, computers and information technology have transformed and continue to transform the modern workplace
b. Computer competency must be mastered and continuously developed as a foundation for career success
c. The rate of technological change will continue to accelerate
d. Low-skill worker who are displaced from declining industries will not need to re-tool their skills to find adequate alternative employment.
e. The demand for knowledge workers with the skills to utilise technology to full advantage is increasing

Solutions

Expert Solution

Answer: d

With the technological trends in the new economy, information technology, and the use of the internet and internet tools are playing an important role in transforming the workplace. More and more work is getting done through technology.

Hence, having good computer competency and continuously developing technological skills is very critical to advance in one's career.

As new technologies are coming up at a fast pace, the speed of technological changes shall continue to increase. So, the demand for professionals having good technology skills shall also increase accordingly.

Therefore, options a, b, c, and e are all technological trends that are occurring in the new economy.

The low skilled workers who are displaced from their jobs will require to refine their skills or learn new technology skills so that they are able to find suitable alternative employment opportunities.

Hence, Option d is not a technological trend that is occurring in the new economy.


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