Collectively, technological disruptions are seen as very significant drivers of industrial change.



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 widespread impact on existing business models. Demographic and socio-economic shifts are expected to have nearly as strong an impact on business models and Organisational 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.


This task requires you to develop a ‘Socio-economic and legal assessment Report’ by choosing an organisation from the list of 25 ‘disruptive brands’ available here:- http:// fabrikbrands .com/ 25-disruptive-brands/

Your report should include the following aspects:


1.      Executive Summary: You should summarize your entire report briefly (hopefully on no more than one page of A4 paper).


2.      Introduction: Provide some background information on the chosen case study organisation(General Electrical as a disruptive company)  and identify the socio-economic trends which affect the chosen organisation’s business model. (And how especially how Covid-19 has the business operations and its economy)


3.      Literature Review on Knowledge economy and various drivers of economic change: You should conduct a review of relevant academic literature and provide a critical analysis of the current issues/concepts that are relevant to your chosen organisation. (General Electrical) To achieve this, you must explore macro-economic dimensions of business, knowledge economy concepts, demographic and socio-economic shifts, and technological drivers of change to support your review of the knowledge economy and the drivers of economic changes with regard to the chosen organisation. Your literature review should include at least 6-8 articles taken from reputed research journals/ article publications, as well as in addition consider any other secondary literature reports which might also be nonacademic.


4.      Impact of legal framework and political factors: In this section, you should critically evaluate the legal frameworks and their implications on your General Electrical current and future position. A critical evaluation of the organisation’s political factors and their influence on management and its dynamics.  Therefore, the focus of this section needs to be on:

(1) The influence of Political factors in the economic growth and future development of your chosen organisation.

(2) The long-term implications for the sector of your chosen organisation. [GE)

(3) A review of the formal and informal legal systems and anti-trust laws and their impact on the chosen organisation’s industry [General Electrical)

5.      Conclusions and Recommendations: You should summarize the main findings, including their implications, and provide recommendations for the organisation and its industry in coping with these realities.


6.      References: You should use the Harvard Referencing System (HRS) correctly throughout in your report.

The report shall not exceed 3,000 words and should include relevant examples and illustrations.




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