Discuss the challenges and opportunities for businesses


Problem

Critically discuss the challenges and opportunities for businesses within Industry 4.0. Indicative Answer: Students must assess and debate the changing landscape of the world economies and the impact of technologies on the labour market. Good answers should include the critical discussion of how digitalisation has created new types of jobs and now requires new skills of potential employees. Students should also provide how digitalisation influenced other spheres of doing business and how technologies are being implemented there: supplychain, sales, customers service, and public, private sectors, in general. Students must provide a specific case study example(s) in their discussion by examining a particular industry sector or a company: e.g., financial industry, deliveries (e.g., Deliveroo), or streaming services (Netflix vs Blockbuster).

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Business Management: Discuss the challenges and opportunities for businesses
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