Strategic Management

[Professor s Name][Writer s Name][Course Title][Date] : High-Tech IndustriesTechnology is the driving force behind all the even offions and our day-by-day living . Technology refers to the body of scientific knowledge utilise in the production of goods or services while High- engineering science industries be those business entities that use the rapidly advancing scientific technology to boost the production numbers and quality attributes (Hill Jones , pp .230 . High-tech industries atomic number 18 the frontrunners in adopting new technologies and in any(prenominal) cases , also invent themAccording to some estimates , high technology pains accounts for 12 to 15 portion of all economic activity in the United States with teaching technology being 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 economic 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 reason for these differences is due to ownership issues . Some high-tech companies set the standards for business while others have to follow them . strange other industries where government agencies might intervene , the companies set standards in the high-tech world . If we look at the software industry , Intel Corp . enjoys supremacy in 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, order it on our website: Ordercustompaper.com

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