Strategic Management

[Professor s Name][Writer s Name][Course Title][Date] : High-Tech IndustriesTechnology is the driving force behind all the all the same offions and our day-by-day living . Technology refers to the body of scientific knowledge enforce in the production of goods or services while High- engineering science industries be those care entities that use the rapidly pass on scientific technology to boost the production numbers and bore attributes (Hill Jones , pp .230 . High-tech industries atomic number 18 the frontrunners in adopting clean technologies and in any(prenominal) cases , also invent themAccording to some estimates , high technology pains accounts for 12 to 15 portion of all sparing activity in the United States with teaching technology universe the biggest contributor .

Along with the information technology sector , biotechnology , auto-manufactures and genetic engineering industry is pumping that much-needed currency into Ameri foot sparing bloodstreamDespite this rapid growth of high-tech industries , some companies earn a lot more money - and then , have a big market share - as compared to their competitorsThe major creator for these differences is due to possessership issues . Some high-tech companies pitch the standards for business while others have to follow them . strange other industries where judicature agencies might intervene , the companies set standards in the high-tech humanity . If we look at the software industry , Intel Corp . enjoys advantage i! n the microprocessors industry because it pioneered the manufacturing of microprocessors . Other companies can produce their own processors but have to follow the prefatorial technical specifications set by Intel Similarly , Microsoft has a sign control in the operating systems market...If you want to get a full essay, articulate it on our website: OrderCustomPaper.com

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