Using what you have learned in this week’s readings, and in consideration of the arguments made by Chandler in one of your assigned readings, Enduring Logic of Industrial Success, answer this question:
Based upon your product selection in week 2’s critical thinking, analyze how will technological advancement will play a role in the product development and the future evolution of your firm and in the industry? If you did not do option 1 or your product cannot be globalized, then you cannot do this assignment. Evaluate the negative impact of technological advancement on your product and how would you overcome such negative impact. Create a graph that illustrates the effect of technological advancement on the different cost curves discussed in this module. Please note, that you need to create the graph and not copy it from any source. Any copied and pasted graphs will not earn any points. nclude the supply-demand graph you created based on the requirements established. Please note, that you need to create the graph and not copy it from any source. Any copied and pasted graphs will not earn any points.
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