Assignment Task:
Socio-Economic and Legal Environment
This assignment consists of two tasks. For Task 1, learners are asked to develop a ‘Socio-economic and legal assessment report’ by answering the questions given. For task 2, learners are requested to make a mini-report based on the scenario given for Task 2(the details of which are provided along with Task 2 below).
Task 1
Collectively, technological disruptions are seen as very significant drivers of industrial change. Among these, growth in cheap computing power and the ubiquity of the mobile internet have already had a widespread impact on existing business models. Demographic and socio-economic shifts are expected to have nearly as strong an impact on business models and organizational structures as technological change. Application of technology has already changed when and where work is done in practically every industry as workplaces of the industrial age give way to work practices of the digital age, including work, flexible work and on-demand work.
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Case study: – ‘Drivers of change’
The World Economic Forum is an International Organization for public-private cooperation and engages the foremost political, business and other leaders of society to shape global, regional and industry agendas. The World Economic Forum has recently published ‘The future of jobs report’ and a part of the report is titled ‘Drivers of Change’.
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