30-NATURE AND PACE OF TECHNOLOGICAL CHANGE

30-NATURE AND PACE OF TECHNOLOGICAL CHANGE - CNB also has...

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NATURE AND PACE OF TECHNOLOGICAL CHANGE New technology is a driving force in the Security equipment Industry. Beyond the latest Mega Pixel cameras, Hybrid type synthetic Management System for Video Surveillance to the manufacturing process, the Security equipment Industry is driven by the technology revolution in the need of users. As Video surveillance is security system, users expect the latest innovations in their security system. CNB technology believes that it has the most advanced technology in the Security equipment Industry. It has more than50 R&D engineers working with CAD and modernizes testing synthetic security system.
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Unformatted text preview: CNB also has implemented cutting edge computerized equipment throughout its facilities. For the last past three years, CNB spent 5% on sales revenue on R&D. This expenditure will increase productivity and improve quality in the manufacturing process Source: CNBs company profile, 2008 Therefore, technology is the nature of both new product and the manufacturing process in the Security equipment Industry. A focus on R&D and fast commercialization of new technology has helped CNB stand out from competition....
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This note was uploaded on 09/07/2010 for the course MGMT MTG508 taught by Professor Leepickler during the Spring '09 term at Northcentral.

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