Introduction to international business | Business & Finance homework help

 Robot- delivered Jajangmyeon Noodles Soon in Seoul’s near future, citizens will be able to order jajangmyeon Chinese-Korean noodles, buy medicine and shop for magazines at home and have them delivered by a robot in half an hour. Kim Bong-jin, the founder of South Korea’s biggest food-delivery app, is betting that autonomous gadgets the size of a small cooler will help his Baedal Minjok delivery service keep a grip on a market filled with new entrants. The goal is to cut costs, reduce delivery-related accidents and cope with a labour shortage in one of the world’s fastestaging nations. Kim is confident that his Dilly robots will start deliveries within three years. Woowa Brothers Corp, the company behind Baedal Minjok, raised US$320mil from Hillhouse Capital, Sequoia Capital and GIC in the US to help develop a prototype that’s set to roll out soon. The goal is to tap into a global service robotics market projected to almost triple to US$29.8bil by 2023, according to Markets and Markets Research Private Ltd. Valued at 3 trillion won (US$2.7bil), Kim’s start-up company currently handles about 28 million orders a month. Getting deliveries to people in the nation of 51 million is not an easy task. First, Kim’s Dilly robots have to be able to navigate in urban landscapes dominated by tall residential buildings. He has found a solution by partnering with a local manufacturer that would let elevators talk with the delivery robots. The goal is to win over potential customers like Lee Dong-woo, who orders food at home at least once a week, getting everything from fried chicken and rice noodles to raw beef delivered to the door. “I wouldn’t mind robots getting my orders at all,” said the 39-year-old Seoul office worker. “In fact, I’d like it more because I wouldn’t have to deal with sometimes unpleasant deliverymen.” 3 Kim has been recruiting an army of robotics engineers and working with Sunnyvale, California-based Bear Robotics Inc, which has been developing devices that deliver dishes to customers’ tables in restaurants. Kim thinks his Dilly robots will eventually be able to handle simple errands, including tasks such as throwing out garbage or delivering a home-made lunch. “There’s a growing trend of using robots to do things that human beings do not want to do,” said Jing Bing Zhang, an analyst at IDC. “There are still a lot of technical challenges that need to be overcome. Especially in urban areas like Singapore, Shanghai and Seoul, there’ll be some safety concerns, whether they will be hit by other vehicles or will hit people.” Kim is meeting some early resistance from people who dread the idea of robots roaming inside their apartment complexes. Critics say the Dilly robots would scare children and make their real estate less attractive. “Some residents may still prefer humans, because they aren’t used to dealing with machines for payments and other services,” said Jin Se-taek, who represents an association of about 1,100 households at an apartment complex in Seongnam, south of Seoul. Even though his company is one of South Korea’s six unicorns, according to CB Insights, Kim doesn’t believe in making people work longer than they have to. Kim restricts his workers from labouring more than 35 hours a week, five hours less than most companies in South Korea. So far, he’s satisfied with the increase in productivity. “We didn’t introduce this so we could slack off,” Kim said. “My goal was to create a workplace where we could concentrate better. We should never stop thinking about how we can change the way we work so we change the way we live.” 

(a) Explain how countries can shape the development of their technological environment.  (50 marks) 

(b) Describe the challenges faced by Kim Bong Jin in introducing robot delivery services.  (50 marks) 

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
Open chat
Hello, welcome to our site. Kindly send us a message and we will be in contact with you right away. "We are simply the best"