Question

As a teen consumer, you are surrounded by products that have literally "changed the world" in...

As a teen consumer, you are surrounded by products that have literally "changed the world" in the last five years. Whether you have an MP3 player, video game, or your own personal computer, you more than likely have access to many time-saving, innovative products. Choose one of the companies that have produced an innovative product that you use often. Then in a writing assignment that is at least two well-developed paragraphs in length, answer the following questions.

Who was the person or team who created the company?

As the entrepreneurs of the company, how did they combine the factors of production to make life easier or more convenient for Americans?

Identify at least three benefits of purchasing and using this product.

Can you think of any drawbacks or problems the company has faced or may face in the future?

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Answer #1

The Product is Mobile Phone

Company: HTC

Founders: Cher Wang, Peter Chou, H.T cho

These founders of these company first started manufacturing laptops than windows phones and after that Android phones where HTC company is now one of the largests branded mobile company.

HTC founders used Factors of production in such a way that they are getting updated with the trends and technology which people are more intrested. Thus it became a succesfull company.

Due to these products benefits like communication, entertainment, Revenu. Thus these are the benefits Americans and American government are getting due to HTC.

Some major probolem is that the battery life of HTC mobiles which should be updated as there will be battery drain. So company should check about this problem and fix it.

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