Company Background : Science Technology Company was a leading manufacturer of computer-controlled automated test equipment (ATE) that was used to monitor and manage quality over the life cycle of electronic products. With 31% market share‚ the company was the dominant firm in the design and manufacture of testers and test software for printed circuit boards. Its second business was its semiconductor test operation‚ which manufactured complex systems that cost in excess of $1 million and were used
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ANSWER 4. C) Developments in science and technology are fundamentally altering the way people live‚ connect‚ communicate and transact‚ with profound effects on economic development. Science and technology are key drivers to development‚ because technological and scientific revolutions underpin economic advances‚ improvements in health systems‚ education and infrastructure. Through breakthroughs in health services and education‚ these technologies have the power to better the lives of poor people
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Science Technology Company (STC) Case Bill Watson as President of Science Technology Company (STC) should ask the Chief Financial Officer‚ Harry Finson‚ to fine tune and rehash the 5 year financing plan Harry prepared. This is to address the following issues and concerns: A. Projected thirty percent (30%) increase in annual sales Historically in a strong ATE market‚ STC was able to increase its sales on a compound annual growth rate of 12% only. In 1983‚ the company posted its highest
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systems requiring intensive research and development spending‚ short product life cycle‚ rapid technology obsolescence and fast growth with increasing technology competition and the potential price competition were not taken into account. The failure to consider these issues led the CFO to assume a large sales growth from 1985 to 1989. These assumptions would further hurt the financial position of the company because it would tend to hedge on the forecast by needlessly expanding capacity and increasing
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. Science And Technology Science and technology is the best thing society could ever ask for. Since the industrial revolution in the 18th century science has been in progress. Some sectors that have been boosted by science and technology are energy‚ physical sciences‚ information and communication. The society has greatly gained with the invention of technology. Infrastructure in the society has grown with the help of science and technology. Modes of transport like electronic railway lines were
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Science and Technology Justin Larson University of Phoenix‚ Axia College Science and Technology Where would we be as a global community without the study and aid of science and technology? How could humankind have survived through the ages without it? Science and technology have been around for almost as long as time itself. Ancient caveman used early science to learn how to make fire. Caveman‚ who developed spears from sticks tied with carved stones to hunt with‚ benefited
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tackled about science such as the science itself as a form of knowledge and as a mode of inquiry and science as a social construction. Overall‚ this subject made some changes in me. The things I learned will guide me and prepare me for my future. This course inspired me to do my best as a future scientist. There are many significant ideas I have learned and encountered in Soctec such as the importance of learning science‚ technology and the effect of these to the society. Learning science is necessary
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ago if necessity and serendipitous discoveries had not driven men to achieve great things. Science and technology have had huge positive effects on every society. The world today has gone digital‚ even human thought. Our world has been reduced to a global village and is better for it. The benefits of science and technology far outweigh every perceived shortcoming. Some of the biggest effects of technology are in the area of communication; through the internet and mobile phones. There is advancement
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Science and technology is a vital part of our society’s world and how we function. Unless you happen to live out in the middle of the Sahara Desert and have sworn off all aspects of technology and science‚ then you are most likely exposed constantly to science in your daily life. While it is a big part of our world‚ there is a constant uneasy relationship between human beings and science. It is a common axiom that people don’t trust what they don’t understand. That is exactly what drives and causes
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Advancement of Science and Technology of Ancient India Since 1858 till 1948‚ India has been under the British rule‚ the period also known as ‘British Raj’. The scientific‚ technological and medical developments that took place remains to be a debate till today of whether India introduced its own developments or silently borrowed from the West. But a history of science in India must also be a history of India‚ not merely a history of the projection of western science onto India. Over this 200-year
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