Exam 11: Technological Change and Infrastructure

SimpleLife Care is a new chain of hospitals in the country of Irza. The hospital has recruited several nurses through several round of interviews that were conducted throughout the nation. However, it is also looking for experienced nurses. Despite a lot of effort, the company was unable to fill the positions due to lack of availability. Hence, all branches of the hospital are facing a skills shortage. When nations face such poor human capital infrastructures, it can be said that the _____ of the country is not adequate.

Goers Technologies is working on the development of a new tourism-based mobile application. It wants to recruit new people as the task is vast, and it requires plenty of knowledgeable and technically sound people. However, although the company searched extensively, the people with the right set of expertise could not be found. In this scenario, the human resource department of Goers Technologies is facing a(n) _____.

In the context of globalization, identify a difference between the research and development (R&D) trend in the United States when compared with other nations of the world.

Bill frequently travels to different cities. When in a foreign city, Bill hires a car from a virtual car rental marketplace that is operated by a non-profit organization. He pays for the time he drives the rented car. This scenario exemplifies _____.

_____ is a system in which an owner rents something they are not using, such as room, a car, or even a service, to a stranger using peer-to-peer services.

In the context of globalization, compare and contrast the various research and development trends across the world.

Cloral Production House, a large manufacturer of artificial jewelry in the country of Quotaba, has buyers around the world. It takes online orders and transports the items to its consumers. However, looking at the current financial condition of the company, the management has decided to use ground transportation instead of using air freights. Which of the following statements can be considered to justify Cloral Production House's decision?

The Republic of Udon is one of the largest manufacturers of glass in the world. The primary substance required to manufacture glass is silica sand. The nation of Irza controls nearly half the world's supply of silica sand. Udon is dependent on Irza for the supply of silica sand to fulfill its glass manufacturing requirements. Udon has efficiently built healthy trading relations with Irza. In this scenario, silica sand is considered a(n) _____.

In the context of creation of new technologies, discuss the benefits and ease of usage of the phone-based money transfer system called M-Pesa.

The Wilsons have a lavish mansion that they reside in. Owing to old age, they avoid using the rooms in the upper floors. A friend suggest that the Wilsons use RentORooms, a lodgings broker, to rent out the unused space to people who are looking out for rented rooms. This scenario best exemplifies the system of _____.

CarryOutToday is an application that allows customers to place their grocery orders online. CarryOutToday has employees who pick the ordered items from the stores and pack them up, ready for delivery. It then avails the services of registered independent drivers who deliver these ordered groceries to the customers. In this scenario, the service provided by the independent drivers to CarryOutToday exemplifies the system of _____.

With the rising demand for global shipping, several manufacturing units in various countries have chosen shipping as their primary mode of transportation. Kaaland is one such country that has developed its ports to a great extent to keep pace with the demands of international shipping. Kaaland is now considered one of the busiest ports in the world. Identify the consequences of this scenario.

Vaobao serves as an online marketplace that facilitates consumer-to-consumer retail. It provides a platform for small-scale businesses and individuals to open their online stores. Members who wish to sell their products must register with Vaobao and then list their goods and attract buyers to purchase their items on Vaobao. Goods can be sold with a fixed price or auctioned, depending on the seller's choice. In this scenario, Vaobao exemplifies the phenomenon of a(n) _____.

Estonia began the process of digitizing its operations in 1997. Which of the following statements is true of the electronic platform called X-Road?

J&D is a California-based electronic manufacturer. The product designers at J&D Inventions have attained success in achieving high-level miniaturization of J&D's portable electronic devices. These new devices have improved user interfaces with almost double the processing power than what they had two years ago. This success by the research and design team at J&D Inventions exemplifies _____.

Jim, Harry, and Kate decide to set up a company that serves the functions of a business incubator. Which of the following would their company be doing in this scenario?

Identify a true statement about accessing data using cloud-based solutions.

Tranjia is an African city where the residents have limited access to a bank. They prefer to use a phone-based money transfer system. Using this system, residents of Tranjia can deposit, withdraw, and transfer money within seconds. They can also use this system to purchase and pay for goods. In this scenario, which of the following is the phone-based money transfer system that the residents of Tranjia are most likely using?

XoYolo Corp. has always chosen to transport its goods to its consumers across the world as air cargo instead of shipping them by sea. Which of the following factors should XoYolo keep in mind when choosing air transport over shipping?

Which of the following is one of the leading causes for global energy companies' increased interest in clean energy solutions?