Author : Johnny Ch Lok
Publisher :
ISBN 13 : 9781674700823
Total Pages : 128 pages
Book Rating : 4.7/5 (8 download)
Book Synopsis Developed Countries Future Unique Technology Competitive Comparision by : Johnny Ch Lok
Download or read book Developed Countries Future Unique Technology Competitive Comparision written by Johnny Ch Lok and published by . This book was released on 2019-12-12 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why are high automatic technology product development models needed to research to UK any manufacturers? UK government and manufacturers need to consider how to achieve high technology product development models. According to Hauser et al. (2006) indicated the high technology (high tech.) development process, is influenced by the innovative process, bringing products on exception value which stimulate product market demand. Innovation provides products the specific basis for which world economies compete with each other on the global market. Able to find new solutions, innovations generate significant changes in existing markets, destroy them, or create new marketing ( Hauser et al. 2006). So, UK manufacturers need to concern on any manufacturing high technology product development process because which can influence any new products development to manufacture to sell to any overseas or domestic both markets successfully.What is high tech. product meaning? Mohr et al. (2010) argues that there are two reasons why it is important to clarify and specific high technology: (1) due to the impact of technologies on the economy, attempts are made to classify economic production and incomes; (2) due to the impact of high tech. on the environment. Standard marketing strategies are being modified and adopted, therefore, it is necessary to know the products to focus on. Why UK manufacturers need to consider high technological product process. Nowadays, high tech. products are complex, advanced, requiring specific technical knowledge, which is technologically not discontinued and being produced at the companies which have twice as many technical personnel and invest twice as many in scientific research and development than other companies. Moreover, these products are time-sensitive as scientists are continuously searching for new approaches for invention of more advanced technologies which make all preceding ones lower-ranking. The most important, nowadays global consumers will adopt the particular technology. It means that global customers may delay adopting new high-tech. products and in order to mitigate the prolonged uncertainty require a high degree of education and information about the product and need post-purchase reassurance.Anyway, nowadays customer individual needs in high tech. environments are characterized by sudden changes related to unpredictable fashion. Even, consumers concern about how to preserve new product' competitive technological standard is completely incompatible with technological uncertainty. The most important factor is the prevalence rate of any new products development process, which is influenced by slower than of traditional products. In many cases high-tech. automatic product market are being materialized slower than which are expected. The technological uncertainty challenges will exist in development process, such as uncertainty related to the timetable for development of the question whether the new product will be function as promised. In automatic high-tech. industries, the time requires for product development is difficult to predict as, commonly, it takes longer than expected, uncertainty related to unanticipated consequences and uncertainty about the product life cycle related to competition products. In conclusion, these factors will influence new automatic technology product development process unsuccessful, so UK manufacturers will need to concern on any high technological automatic product's manufacturing process.Before, all over the world presented picture of demonstrate in London on the occasion of the meeting of the G20. Some economists indicated disastrous economy consequences will occur to any one of Western country, such as UK, so if any one of Western country did not consider automatic technology development to itself country.