Executive Pay: The Curious Case of Carlos Ghosn’s Arrest
February 12, 2025
Introduction The very essence of any business is to cater needs of customer by providing services and goods, and in process create value for customers and solve their problems. Production and operations management talks about applying business organization and management concepts in creation of goods and services. Production Production is a scientific process which involves […]
Designing Supply Chain Network for each industry or business involves arriving at a satisfactory design framework taking into all elements like product, market, process, technology, costs, external environment and factors and their impact besides evaluating alternate scenarios suiting your specific business requirements. No two supply chain designs can be the same. The network design will […]
A hot topic among investors, economists, and stock market experts these days is the looming fight over the debt ceiling in the United States. Many commentators have been discussing this incessantly pointing to the consequences for the world at large. Before launching into the specifics, it is worth discussing what debt ceiling means. Like a […]
As we have seen, Six Sigma is an elaborate methodology. It requires time to learn and even more time to successfully implement. However, as we have also seen that there is a golden pot at the end of the rainbow. Countless organizations have transformed their operations based on their Six Sigma capabilities. Nowadays, having processes […]
Service Planning – Attending of unscheduled maintenance tasks arising out of breakdown and faults both for internal and external customer is an important service activity of any organization. However, bulk of service activities arise out of planned service activities. For internal customers, this may be routine maintenance of plant and equipments, arising out of preventive […]
5G is the latest buzzword in the telecommunication sector. For a layman, it is difficult to understand what the buzz really is all about. Modern-day consumers have lived through the introduction of 3G and 4G. They believe that 5G will just be a minor enhancement over the way things are currently functioning now.
However, that would be an inaccurate assumption. According to experts, 5G is not a minor enhancement. In fact, it is quite the opposite, 5G is a technological revolution. The difference between 4G and 5G is the same as the difference between a typewriter and a computer. It is important to understand that 5G is a paradigm shift because it is not only about a network. Instead, it is about an ecosystem of devices and sensors which can be intelligently connected in order to overhaul business and economic policy.
The seamless connectivity that 5G promises to provide will change the business ecosystem forever. Business, as we know it, will change after the introduction of 5G. There are some industries which will see positive effects as a result of this change whereas there are others which will be negatively affected. In this article, we will have a closer look at the industries which will face this change.
The industries that will be positively affected by this change are as follows:
Some industries suffer whenever technological changes of this magnitude take place. Some groups of people who will be negatively affected as a result of this change have been listed.
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