Mobile Phone Trends and iPhone Technology

When considering the ever-changing and highly competitive global landscape of business today, firms must stay at the cutting edge of their respective fields in order to sustain profitability in the long-term. With the current exponential growth and advancement of technology and the computerization of business and learning, consumers and investors have become much more connected to the businesses they patronize (Kurzweil). Accordingly, companies are faced with the continuous task of finding new ways to understand and subsequently accommodate the needs of those customers and shareholders, while simultaneously securing lucrative business models and job environments. Over the last number of decades creativity and innovation in business processes have proven to be particularly vital in achieving success. Thus, with the inelastic demand for technology coupled with recent surges in technological innovation, mobile phones and other handheld devices have been transformed into the lifeblood on the contemporary...
[ View Full Essay]