Think of a firm that relates to your major program of study, where you currently work, or a firm that interests you. This firm can be in the private sector, a government entity, a military unit, or a public sector firm.
Provide some background information on the firm and provide an example of how this firm has instituted technological change. Describe this change. Determine the nature of the technological change, and explain how the change either increased outputs (positive technological change) or decreased outputs (negative technological change). How is the firm operating more efficiently or how has the firm increased production? What economic model might apply? In your opinion, what sort of technological change might take place in the future?
You may have to do some research for this assignment. Consider doing an interview with a person who works for the firm. You may also use the Internet. If you use the Internet, avoid biased sites such as press releases or public relations sections of the firm's website. Be sure to cite your sources.