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Essay Instructions:

Final Project Part 5



Create the fifth essay, combine and integrate with the other four parts (written assignments 2, 3, 4 and 5) as a cohesive final project that reflects the mentor’s feedback. The focus on the fifth part of this project is to write a 3-5 page (350 words per page) paper in APA format addressing three of the six topics below for the new technology or application selected in the previous written assignments. You should also include as part of this paper any acknowledgements and resources used (e.g., websites, textbooks, articles). Each written assignment should include four or more references.





•Any potential ethical considerations

•Short or long-term medical concerns, if applicable

•Economic effects from the deployment of the new technology or application

•Alternative perspectives from NGO (non-governmental agency) experts

•Approaches to minimize the environmental impact (using green and renewable resources) of the new technology or application

•Possible social media influence on the new technology or application deployment

•Political implications, influences and barriers to gain or prevent acceptance of new technology or application


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Final Project
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Contents TOC \o "1-3" \h \z \u Introduction PAGEREF _Toc428100757 \h 2Ideation PAGEREF _Toc428100758 \h 2Description of the ideation process PAGEREF _Toc428100759 \h 2Alternative Solutions or Concepts Considered in the process PAGEREF _Toc428100760 \h 3Overview of the technology or application concept selected PAGEREF _Toc428100761 \h 4Qualitative Vs. Quantitative PAGEREF _Toc428100762 \h 4Description of Qualitative and Quantitative Data PAGEREF _Toc428100763 \h 4Success Factors PAGEREF _Toc428100764 \h 5Factors Promoting Failure of Teleportation PAGEREF _Toc428100765 \h 6Technology Life Cycle PAGEREF _Toc428100766 \h 6Product Life Cycle PAGEREF _Toc428100767 \h 7The Acceptance Process PAGEREF _Toc428100768 \h 8Productivity Improvement PAGEREF _Toc428100769 \h 9The Lean Manufacturing Process PAGEREF _Toc428100770 \h 9Potential Defects That Cause Deviations in the Process. PAGEREF _Toc428100771 \h 10Using Lean Production to Minimize Waste and Maximize Production PAGEREF _Toc428100772 \h 10Strengths and Barriers for Introducing Teleportation PAGEREF _Toc428100773 \h 11Ethical Considerations PAGEREF _Toc428100774 \h 11Economic Effects PAGEREF _Toc428100775 \h 11The Effect of Teleportation on Nongovernmental Organizations PAGEREF _Toc428100776 \h 12The Effects of Teleportation on the Environment PAGEREF _Toc428100777 \h 12The influence of Social Media on Teleportation PAGEREF _Toc428100778 \h 13Conclusion PAGEREF _Toc428100779 \h 13
Introduction
It is important for innovators and entrepreneurs to understand the process of introducing a new product or technology into the market, because it would help them determine the viability if the product or technology. Critical to the discussions is the fact that the introduction of a new technology involves examining the technology across different steps. These steps include the ideation process, the qualitative and quantitative data used for the process, the technology and product lifecycle of the technology, and the factors that may make the technology a success or a failure. An example of a technology that could benefit from such a process is quantum teleportation, because the technology has not been introduced into the market. Quantum teleportation refers to a process through which quantum information could be transferred from one place to another through the classical communication. This paper examines the ideation process, the qualitative and quantitative data, the technology and product lifecycle, and the factors that may make the quantum teleportation a success or a failure.
Ideation
Description of the ideation process
Idea generation is also referred to as the ideation stage, is the first stage in the NPD process. It should be noted that there are several activities involved in the process of developing the concept (ideation stage). These activities include functional modelling; concept engineering; product architecture development and functional modeling (Beckley et al., 2008). The generation of a new idea in the NPD process is meant to meet the aim of product development. In this regard, Brown (2004) asserts that the call for developing the new product could arise from three quarters: sales department, customers, and the company’s internal operations. For instance, customers could give their suggestions through the customer relations management (CRM) offices. Thus, the design team could capitalize on such information from clients to come up with a new idea aimed at meeting the customers’ needs.
Besides, Moore (2006) claims that the suggestion for the new product from the internal operations department is often aimed at increasing the profitability. In this case, the decision and approval of the new product will come from the quality assurance, research and development (RD) department, and the operations department. It should be noted that the new ideas could be generated through both external and internal sources. In this case, internal sources include the sales department, consumer department, and research and development (RD) department (Beckley, et al, 2008). On the other hand, the external sources include trade literature, professional conferences, patents, government publications and libraries.
Alternative Solutions or Concepts Considered in the process
There are various alternative concepts considered in the ideation process. Ideas can be generated from reading a lot of literature regarding the technological application of concern. Additionally, one can get ideas from the family on how to come up with a new technology. The implication of this is that the ideation process could be accomplished in various aspects. On the other hand, there are various concepts that ought to be considered in the ideation process. Most importantly, one has to understand the holistic nature of the technology before adopting the necessary method to come up with the technology (Idi and Khaidzir, 2015). In addition, one has to consider the financial resources that can be used to develop the technology. Furthermore, some technological developments can also result in various ethical issues. As such, the ethical considerations are very critical in the ideation process. The development of any technology requires a team of qualified professionals. Therefore, it is important to ensure that there is enough technical staff that will ensure that the new technology is realized.
Overview of the technology or application concept selected
Teleportation is a new technology that promises to cause a major revolution in this information age. Despite the fact that this technology is still in its infancy, it is quite evident that the technology will become a reality in the near future. Quantum teleportation refers to a process through which quantum information could be transferred from one place to another through the so called classical communication. According to Riebe et al., (2004), quantum teleportation involves "the complete transfer of information from one particle to another particle." The concept of quantum teleportation emerged in the 1990s by four researchers who had developed a fundamental protocol for quantum teleportation (Physicsworld.com, 2015).
Qualitative Vs. Quantitative
Description of Qualitative and Quantitative Data
To begin with, qualitative data is a type of data used for descriptive purpose, implying this type of data cannot be categorized numerically. It is notable that such data is also called categorical data, because the data can be arranged numerically. For example, gender is qualitative, because an individual is either female or male. Other examples of qualitative data include color race, and different types of cars. On the contrary, quantitative data can be categorized in quantities, implying the data can be measured numerically (Bernard, 2013). Examples of such data include weight, height, and length. Clearly, both qualitative and quantitative data are important when conducting market research, because there are instances where it would be appropriate to use qualitative data and instances where it would be appropriate to use quantitative data. Therefore, both qualitative and quantitative data will be used for a market research on teleportation.
Quantitative data that can be used for teleportation should be measured numerically. These include the amount of quantum used in teleportation and the length of teleportation. According to Gisin and Lyle (2014), the Kavli Institute of Nanoscience transported information up to a distance of ten meters, but the information did not travel through actual space. It follows that length is an example of quantitative data that could be used for market analysis and feasibility of teleportation before introducing the technology into the market. It is also critical that teleportation involves the transportation of particles such as atoms and electrons. These particles cannot be categorized implying they could be grouped as qualitative data. It is because atoms are identified from elements such as nitrogen and carbon, while electrons are either positive or negative electrons. This implies that the particles can only fall into categories, but cannot be calibrated numerically. In short, the length of transmission and type of particles are the quantitative and qualitative data types (respectively) that could be used for market analysis and feasibility studies in teleportation.
Success Factors
The introduction of teleportation into the market could benefit future generations owing to the level of security guaranteed by the technology. According to Gisin and Lyle (2014), the teleportation is capable of providing a more secure INTERNET connection than the current INTERNET connection. This owes to the reality that a quantum INTERNET connection does not involve the transfer of information across space. It follows that it will be difficult for hackers to eavesdrop. Additionally, the technology guarantees the measurement of quantum data, which affects that data. As a result, any changes in a quantum network will be recognized immediately (Kaku, 2009). Further, the fact that quantum technology does not transfer particles across space implies that the technology is capable of providing larger storage spaces than the current computers. In short, teleportation is likely to be successful, because the technology will provide a secured connection in addition to increasing the storage space in computers.
Factors Promoting Failure of Teleportation
Evidently, teleportation is likely to be successful, because of the storage space and security promised by the technology. However, the same technology is faced by threats such as the current technology, because of the amount of energy, the possibility of making a breakthrough, and cost of implementing the technology. For instance, teleportation uses quantum mechanics, which opposes Einstein’s theory of entanglement. It follows that the technology is likely to fail if researchers are unable to disapprove Einstein’s argument (Kaplan and Haenlein, 2009). Further, the cost of implementing teleportation would be high, because governments will be forced to launch satellites that transmit quantum bits. Critical to the discussion is the fact that that energy can only be transmitted into a dimension once (in teleportation), which limits the transfer of information (Dodds and Ruddle, 2008). Therefore, teleportation is facing a threat from the current technology, because of the aforementioned reasons.
Technology Life Cycle
The technology life cycle begins with the research and development stage, proceeds to the ascent phase, then the maturity stage, and ends up in the decline phase (Stark 2015). However, the teleportation is still under the research and development phase of the technology lifecycle. This owes to the reality that recent development in teleportation reveals that scientists teleported information up to a distance of 143 km. It is notable researchers have been studying teleportation with an aim of transferring information from one point to another without physically moving the information. Specifically, researchers have been studying teleportation from 1998, but the latest development (on 143 km) occurred in 2012 (Ma et al., 2014). It follows that the entire cost for developing the product is not yet known, because the technology is still in the research and development process. Nonetheless, it could be deduced that the time for research and development of teleportation is approximately seventeen years.
It is notable that the technology life cycle stage of teleportation implies that the cost for research and development are unknown. However, Jin et al., (2014) argue that the progress for the research has consumed an estimated five hundred thousand dollars. It is also notable that the research is promising, implying it will have a positive return on investment. As evidence, teleportation is expected to replace the current INTERNET technology in transferring information from one point to another. This implies that the project will quickly replace the current INTERNET technology, because the technology is expected to be highly secure. In simple terms, the teleportation is a disruptive technology, because it is expected to replace the current INTERNET technology. It is also crucial to highlight that the project is expected to pay off in the first two years after implementation (Chau, H. F., and Lo, 1996). It is because exchanging information between people is integral in the current society, which translates to the fact that a large fraction of the global population will use the technology.
Product Life Cycle
A product life cycle could be elucidated as the sequence experienced by a new product from the introduction of the product stage to the maturity and decline stage of the product (QuickMBA, 2010). Critical to the discussion is the fact that the product life cycle is clearly demonstrated in the diagram below.
Retrieved from QuickMBA.com
The introduction stage of the teleportation will include commercialization of the product. This stage is expected to consume the highest marketing costs, because the current market is not aware of the technology. According to Jin et al., (2014) organizations should us an appropriate pricing strategy in the introductory stage of a product life cycle. The author further asserts that companies could use the penetration pricing or skimming pricing strategy. In the case of teleportation, it is advisable to use th...
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