The assessment question (70%):

The question:

“Product firms can benefit from Servitization and Industry 4.0” Define, Review the literature and critique this statement.

Answer Guide

Your answer should also include a:

A.

Executive Summary of the report

B.

Define servitization and Industry 4.0 (the different jargons that are in the scholar articles)

C.

Present the drivers, benefits and barriers for factories in adapting this way of work

• The answer to the assignment should be in the form of a written “consultant style” report in the region of
3,000 words
(margin of +/- 10%).

• Students must produce an executive summary of the report of
500 words
(margin of +/- 10%). which will be worth
(20%)
of the overall report mark. (i.e the executive summary does not form part of the 3000 word count)

• The presentation, creativity and originality of the piece will also have a bearing on the awarded marks and this is also reflected in the assessment criteria.

Important Notes:

• Answering the questions/ addressing the assignment brief is fundamental which underpins all the other criteria.

• Application of theory and concepts from the module is fundamental to the assessment.

• Reports must contain graphs, tables, diagrams, and charts to support the work.

• All graphs, tables, footnotes and diagrams are not part of the 3000 word count.

• All reports must be well referenced (not bibliographed).

• At least 15 current and recent journal and conference articles must be included in the report.