Nflx Options Strategy

"Of the various knowledge work systems we’ve discussed, CAD and Investment Workstations seem to have fairly straightforward roles within business. The value of a Virtual Reality System is less apparent. Explain the characteristics of this type of system, and provide 2 examples of organizations that could utilize the identified aspects. What benefits would these organizations gain from implementing a virtual reality system?”

A Virtual Reality System has the ability to simulate a real-life environment. This enables employees to learn various skills and gain experience while mitigating risks. Additionally, augmented reality is an extent of virtual reality; it enables users to gain a view of real-world elements while including virtual additives and sensory inputs.

The value of a Virtual Reality System may seem less apparent because the outcome without this system may not be considered. This is why feedback is extremely important when utilizing any type of knowledge to add value.

One organization that could benefit from a Virtual Reality System is the military. By using this knowledge work system to simulate a combat environment, soldiers in training can gain the nearest thing to real-life combat experience with limited risk. Battlefield simulations and simulating jet fighters can help cut costs since specified and applicable military training can be expensive. Also, there will always be an element of risk and danger if real situations were implemented. Military training can become safer and more cost effective by using a Virtual Reality System. Additionally, by using a Virtual Reality System, the military would be able to use analytics from the training. This can help identify tendencies and weaknesses throughout the training process which real life environment situations may not be able to document.

Another organization that could benefit is a hospital. Hospitals could use a Virtual Reality System to simulate surgeries for training and practice purposes. This...