DQ- Weekly Summary

DQ- Weekly Summary

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DQ- Weekly Summary

Part 1

            Small is Beautiful provides insight on the importance of embracing human interaction within the working environment. Moreover, it reveals the consequences of corporate monopoly that is common nowadays. While it offers compelling accounts of the need to draft pragmatic economic strategies, it is also prophetic on the negative impact of materialism at the expense of happiness.

Part 2

            Research and development is an integral division of any company in which technical and scientific knowledge is analyzed for the production of new products or the modification of existing ones. Thus, new tests are carried out to devise innovative methods of making an item using the latest technology (Littlehales, 2006). Thereafter, the concept is implemented and the commodity is manufactured.

Part 3

The rise of modernity simplified man’s workload. However, it also limited human interaction due to the use of automations. Whereas conducting of research and development is vital in a business, the opportunity cost of making products that do not meet the needs of consumers was not tackled. This could have provided insight into the procedures that innovators undertake in their quest to produce profitable commodities. Furthermore, it would have clearly illustrated the detachment between the application of modernity and the decline of person-to-person relationships. During the week, access to some of the historical books was limited because of their lack of reproduction. However, I was able to obtain the descriptions of their content online and that made it easier for the understanding of the different innovations learnt. Thus, the provision of web links should be given prominence in order to shorten the lengthy search for sources. By so doing, one is able to have a broader view of the various concepts discussed due to the presence of different assessments by numerous writers.

 

 

 

Reference

Littlehales, C. (19, February 2006). Canada’s Biotech Conundrum. Bioentrepreneur. Retrieved from http://www.nature.com/bioent/bioenews/022006/full/bioent904.html

 

 

 

 

 

 

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