Question: The major problem with technology, is that it changes very fast. For example, consumers are always looking out for the latest smartphone model, with somewhat

The major problem with technology, is that it changes very fast. For example, consumers are always looking out for the latest smartphone model, with somewhat new features. With this premise, do you believe that you needed to constantly change your technology, or are you forced to switch to a newer system? Briefly, give your thoughts or opinions on this topic.

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1. Identify your reference point when making a decision based on an element of risk.

3. If there are reasonable alternatives, think about your decisions based on the different reference points and see if there are any contradictions in the decisions.

4. It is only at this point that you can give the problem your full attention in relation to the various ways you have framed the problem.