$1.$ Why is it important for an organization to actively manage and update its technology?

$2.$ Consider an industry that has experienced great technological change over the past $10$ to $20$ years.

a$.$ Describe the industry and who are the major players.

b$.$ What has changed within that industry $($the products themselves, manufacturing methods, methods of delivery, etc.$)?$

c$.$ What has driven the changes $($competitive pressures, new available technologies, etc.$)?$

d$.$ How important is it for a firm in this industry to respond to$,$ or even drive, technological change?

$3.$ Imagine that you are a manager in a firm within this industry. What recommendations would you make to upper management as to how to keep up with a constantly evolving environment of technology and innovation?