Description
The following below is what is required. Attached will be required reading sources
Scenario and Mega-Trend Model
In this assignment, you are expected to create a scenario and trend convergence, or mega-trend, model using the assigned readings coupled with your own research and experience. The research findings are to be presented first, followed by a description of your model, and how you propose it should work. Please create a graphic or figure to illustrate your proposed model and how it would function in a for-profit organization of your choice. If you "ran the zoo" at a publicly traded organization of your choice (not one used for BMGT8130), how might you deploy this scenario and trend convergence model?- Written communication: Must be free of errors, scholarly, professional, and consistent with expectations for members of the business profession.
- APA formatting: Your essay should be formatted according to APA (6th edition) style and formatting.
- Length: A minimum of 1800 words, Times New Roman, 12-point font.
- Structure: Please include the following sections using APA headings (no abstract required):
- Introduction.
- Body headings as appropriate.
- Conclusions.
- References: A minimum of two PRJ or PJ references (in addition to the required course readings).
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Running head: SCENARIO AND MEGA-TREND MODEL
Scenario and Mega-Trend Model
Name
Institution
Class
Date
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SCENARIO AND MEGA-TREND MODEL
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Introduction
Technology has been the dream of modern man, and it is one thing that has made man
today to be different from the other species millions of years ago. The continued growth and
expansion of technology are not new to man, but the great revolution of technology came during
the industrialization age. This technique was however not as advances in the technology that came
with the advent of computer science (Kuivanen, 2008). Today, through the use of computer
technology, many manufacturing companies have changed from the use of the older machines that
were operated by human to devices that are performed by robots. Consequently, the mega trend in
the manufacturing industry has been the use of robots that can increase productivity and reduce
cost due to the reduced number of laborers. This pattern, however, has, yet, converged and led to
specific impacts in the industrial sector (Kuivanen, 2008). In this research, the study looks into the
effects of technology (robotics) as a megatrend on jobs, productivity, and consumer behavior.
Therefore, statistics relating the mega-trend with the effects has shown that increased use
of robotics in the manufacturing industry is causing loss of jobs. In fact, the use of robots in the
manufacturing company has created a loss of approximately 28% of jobs for every ten years since
2000. When it comes to productivity, robotics has increased the productivity of companies. In this
case, statistics collected from the automobile industry reveals that by 1990, Unites States alone
produced about 12.5 million vehicles and ten years later it built 17.5 million cars (Kuivanen, 2008).
This means that there was an increase of 5million more vehicles produced. Following the same
trend by 2016, America alone was producing almost 18.5 cars. By 2020, it is expected that the
nation will manufacture about 22 million vehicles. Finally, consumer behavior reveals that people
are getting attached to products due to their comfort as a result of increased production using
technology. For instance, assuming new vehicle registration reveals new-vehicle ownership. Then
SCENARIO AND MEGA-TREND MODEL
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by 1990 about 175,000 new vehicles were registered, in 2000 about 225,000 were registered and
by 2010, 250,000 were registered (Kuivanen, 2008). This shows more people are buying cars.
Mega Trend Model and Description
18,000,000
CHART TITLE
1990
2000
2010
PRODUCTIVITY
NUMBER OF
EMPLOYEES
250,000
225,000
175,000
1,440,000
2,000,000
2,560,000
12,500,000
17,500,000
A chart representing the effects of technology as a mega-trend
VEHICLE OWNERSHIP
The model represents a histogram that presen...
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