Effect of Emerging Technology on the Economy of the Country

Based on the Effect of Emerging Technology on the Economy of the Country assignment you completed in Topic 3, provide an executive summary (500 words) to recommend how the emerging technology could solve a problem in your country. Provide research and evidence that supports your summary. Use the following format:

Introduction

Provide an overview of what you are recommending to an executive at an organization.

Identify the Problem

Describe the problem and its impact within the chosen country.

Propose a Solution

Describe an emerging technology (global or country-specific) that could be implemented to solve the problem.

Identify an organization that offers the emerging technology to solve the problem.

What Is Needed to Implement the Solution

Highlight potential obstacles based on economic, legal, and cultural factors within the country. For example, what the solution costs, return on investment, legal compliance, competition, market entry barriers, cultural customs and values, and available resources.

Identify a local business partner within the selected country that could help the organization advance the proposed emerging technology.

Solution

Introduction: I am recommending that an organization implement an emerging technology solution to address a problem within my country.

Identify the Problem: The problem at hand is the lack of access to healthcare in rural areas of my country. This lack of access leads to poor health outcomes and increased healthcare costs for the government and individuals.

Propose a Solution: One potential solution is the use of telemedicine, which allows for remote medical consultations through the use of technology such as videoconferencing and remote monitoring. This technology can bridge the gap in access to healthcare for individuals living in rural areas.

Identify an organization that offers the emerging technology to solve the problem: One organization that offers telemedicine services is Teladoc Health.

What Is Needed to Implement the Solution:

• Economic factors: The cost of implementing telemedicine technology and training healthcare providers on its use may be a significant financial burden. However, the long-term savings on healthcare costs could provide a strong return on investment.
• Legal factors: The country’s current laws and regulations regarding telemedicine need to be taken into consideration to ensure compliance.
• Cultural factors: Telemedicine may be met with resistance if…Order a customized and more comprehensive answer here