Q$4-2$ How can new hardware affect competitive strategies?

$2\mathrm{.}1.$ Define IoT and describe a smart device. Explain why smart devices are desirable.

Give two examples of how businesses could benefit from smart devices.

$2\mathrm{.}1\mathrm{.}1.$ Response:

$2\mathrm{.}2.$ Describe the difference between AR$,$ MR$,$ and VR$.$ Explain why sense of presence is

important in virtual environments.

$2\mathrm{.}2\mathrm{.}1.$ Response:

$2\mathrm{.}3.$ Describe how self$-$driving cars could be safer and cheaper and make life easier.

$2\mathrm{.}3\mathrm{.}1.$ Response:

$2\mathrm{.}4.$ Explain how $3$D printing works and how it could affect new product design,

manufacturing, distribution, and consumer purchasing.

$2\mathrm{.}4\mathrm{.}1$ Response:

$2\mathrm{.}5.$ Describe some of the benefits and risks of using cryptocurrency like Bitcoin.