As an Exercise in Understanding the Nature of Toffler's Notions

question 1

Short Answer

As an exercise in understanding the nature of Toffler's notions about "future shock," construct an essay that reflects upon what you thought the future would be like when you were young. When you were a kid, what did you think it would be like "out there in the future"? Did you expect that we would all have our own helicopters? That we would be able to travel in transporters (like in Star Trek)? Did you think that poverty or ignorance or war would be "over forever"? Have some fun with this; Instructors should have the class share these ideas and, again, have some fun with the concept.

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Definitions:

Variable Costing

An accounting method that includes only variable costs—direct materials, direct labor, and variable manufacturing overhead—in product cost calculations.

Unit Product Cost

The total cost associated with producing a single unit of a product, including materials, labor, and overhead.

Common Fixed Expenses

Ongoing expenses that do not vary with production volume or business activity, shared across departments or products.

Business Segments

Distinct parts of a company that can be separately analyzed for profitability and operational efficiency.