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Evidencia 2 Workshop

The document discusses factors reshaping modern economies including digital revolution, global competition, and changing culture. It also discusses how policies need to adapt to integrated products and services. New technologies like 3D printing could lead to reshoring of industries. Developing innovations integrated with services provides competitive advantages over standalone products.

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Camilo Clavijo
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41 views

Evidencia 2 Workshop

The document discusses factors reshaping modern economies including digital revolution, global competition, and changing culture. It also discusses how policies need to adapt to integrated products and services. New technologies like 3D printing could lead to reshoring of industries. Developing innovations integrated with services provides competitive advantages over standalone products.

Uploaded by

Camilo Clavijo
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Evidencia 2: Workshop “Products and services”

1. Find the main idea of paragraphs 1, 2, 9, 10, 11, and 12, and write
them in a paragraph.
In general, there are 3 factors that combine to reshape the foundations
of modern economy.
First of all, the digital revolution increases the reach, flexibility and
agility of companies, large
and small, as multinational microenterprises. Second, international co
mpetition attracts a million
new workers and consumers who earn a living in a downward career,
and emerging countries become innovators and acquire skills. Finally,
culture changes the nature of socio-economic interactions by
transforming people's aspirations and preferences, such as
the expectation o instant gratification offered by one-click services.
On the other hand, traditional policies are obsolete in the face of the
integration of products and services in the market. The increasing
value of border markets, given the integration of the product service, is
more valuable. Companies can move from one business model to
another to the ease of use of the new data protection regime - they are
under close scrutiny by companies that have more options th
an ever: digitization gives companies agility. terms of loc
ation, outsourcing and use of global value chains to their maximum
advantage. The single market should not be seen in isolation.
Another factor such as 3D printing, also known as "additive
manufacturing", could lead to the relocation or nearshoring of the
industry, since it increases the speed of production while
reducing costs and satisfying consumer demand with greater speed
and greater influence on
3 production. Both can make production at or near headquarters
cheaper than production abroad. It requires decisive political actions
that encourage the adoption of technology by all the corporate
actors that compete internationally. However, it is likely that the
relocation of some high -end production processes is related to the
construction of a stronger link between products and services.
Developing innovations that are not e asy to replicate Adding
sophisticated business services to advanced manufactured products
leads to innovations that are not easily replicated by the competition
and, therefore, provide a significant competitive advantage. In
comparison, it would be difficult to maintain that competitive advantage
with a standard product manufactured empty of an additional service
component. This story also plays

2. Write a summary of ten lines from the text.


In summary, Europe has everything going for it in this new,
hyperconnected, interoperable
economy: traditional strength in manufacturing must now urgently be
complemented by world- class services.
As the European Commission ponde
rs the future of the single market, a more holistic and all-
encompassing view must guide the upcoming strategy. Building on the
global reputation that European goods are superior in quality, there is a
unique opportunity to provide additional value – and gain international
competitive advantage – by accelerating the integration of technology,
services and design.
It is the only way that Europe can succeed and excel in the ‘race to the
top’ that leading competitors are pursuing in a quest for sustainable
prosperity and highquality jobs.

3. Choose a paragraph and translate it with your own words.


English: I am choosing the paragraph called, From Tangible to
Intangible Investment: From Tangible to Intangible Investment:
The traditional economy, marked by incremental innovation, is reflected
in in vestment patterns. Today, it is invested in modern knowledge
such as design, software, data, organizational capital, which are
specific skills for brand development and marketing. They are
intangible investments, which serve to encourage other types of
investments. The goal is to reinvent continuously to follow the
technological frontier, the preferences ofusers and the evolution
of global value chains. At present, influential comp
anies interact with constant innovation and specific investment in
capital. Managers understand the importance of knowledge-based
capital. Spanish:
Seleccioné el párrafo llamado,
Desde la inversión tangible hacia la inversión intangible.
La economía tradicional, marcada por la innovación ascendente, se ve
reflejada en los
patrones de inversión. Hoy en día, se invierte en conocimiento
moderno, como es el diseño,
software, datos, capital organizacional, que son habilidades puntuales
para desarrollo de marca y marketing. Son ellas, inversiones
intangibles, que sirven para alentar (promover) otros tipos de
inversiones.
El objetivo es reinventar continuamente para seguir la frontera
tecnológica, las preferencias de los usuarios y la evolución de las
cadenas de valor mundiales. En la actualidad, las empresas
influyentes interactúan con la innovación constante y la inversión
específica en capital. Los gerentes entienden la importancia del capital
basado en el conocimiento.
Choose ten words
from the text and organize
them alphabetically. Look for the meaning of each word.apprenticeship
aprendizaje Behavioral Comportamiento branding marca Disrupt
Interrumpir forefront primer plano Hardly Apenas Innovations
Innovaciones Manufacturing Fabricación Tangibles Thermostat
Termostato

Match the term with the corresponding meaning.a Client Things


created by projects. Solution A series of tasks to be done in a
specified sequence.
Engagement customer. Project Products and services that solve
a
client’s
probl

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