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It is said that society is undergoing the 'fourth industrial revolution'. Which description most close-ly defines this idea?
The bringing together of various technologies, such as artificial intelligence, efficient energy storage, 3D printing, quantum computing, etc.
The correct answer shown defines nicely the characteristics of the radical changes being brought about during the fourth industrial revolution.
The other answers may, to a greater or lesser extent, be changes in modern society, but they do not represent Industry 4.0
Thinking about the PESTEL model, under which heading would ageing society most readily fall?
Socio-cultural, with the subset being demographic (or indeed for some writers, demographic would form a heading in itself, so STEEPLED)
The Mendelow matrix deals with:
The matrix helps assess how different stakeholders should be managed, dependent on the extent of their power and interest.
The reference to products and markets is about Ansoff's work; market share and market growth is a reference to work by the Boston Consulting Group.
'Members of a team have xxxx skills, and not the same skills'. Select the one which fits best to re-place xxxx.
Complementary: the team's skills should fit together; the should 'complement' each other.
A soccer team full of defenders would be unlikely to be successful?
An employee responsible for managing both warehousing and transport in an organisation would best be described as a:
Logistics essentially being about the storage and transportation of goods.
The QUESTION NO : requires an answer at managerial level.
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