Chapter 13 Discussion

Which medtech business strategy— first mover, fast follower, me-too, niche strategy, or distribution strategy—seems most appropriate in the following situations: 1. The competitor has beaten you to market with a technology that you believe you can make better with expanded features 2. All other competitors are trying to address the mass market, but interesting untapped segments remain unaddressed. 3. Although the competition’s technology has some novel features, the depth of your bundled multiple product offerings will make it very difficult for them to penetrate 4. You have limited R&D expertise, but know enough to reverse-engineer well and you believe no strong IP exists to prevent you from entering the market 5. There seems to be no competition in a large field for the product segment. A. Me-too B. Niche strategy C. Distribution strategy D. Fast follower E. First mover

Explain the business-level strategies of Estee Lauder. Has this company used any ofthe business strategies we discussed (differentiation, cost leadership, first-mover advantage, or Blue Oceans)?If so, give a thorough explanation. How could they use these strategies to better themselves? Does innovation orentrepreneurship play a role or need to play a role to help move them forward? Explain.

Can you help me with this question

1-Vancouver-based Lululemon is benefiting from the fact that yoga is experiencing a rebirth. Is the popularity of yoga a trend or a fad? What are the marketing implications of each for Lululemon?

What is the rationale for Patagonia to extend into specialty foods? How is this similar and different from apparel? How does Patagonia’s status as a privately held company help or hurt this new effort? How does it relate to Patagonia’s efforts to influence the practices of other food companies?

A) Which segment of the market does apple company serve discuss?? B) what strategy is used to serve them??

Put yourself in the shoes of the manager of a leading technology firm which has aconflict with a newly established tech company but with better marketing strategy, funding,customer reach. With the reference to this example elaborate the process how you entered theconfict.

Source: www.Pinterest.com Еxplore! 1. In business, what does the picture suggest? 2. Is business similar to playing chess? Why? Why not? 3. Do you think you could only win the game by chances? 4. Is a strategic plan important in order for the products/services to succeed in the market place? Why? 5. In your opinion, how do you create a win-win situation despite of massive competition?

1. How will entrepreneur grow their business using strategic marketing? 2. How did this "tactic" help the business owners achieved their goal in the business?

1) a. There is a new University built in your area. Write down six (6) opportunities you can take as an Entrepreneur to serve this University community to generate impressive wealth. b. Choose one of those opportunities you have identified in (la) and write a business plan as an Entrepreneur for financial support from an investor. 2) Nana Kwame agrees with his Entrepreneurship Lecturer that no business can stand the test of competition without being innovative, hence the need for employees to be intrapreneurs. Discuss intrapreneurship and explain five (5) probable reasons for the need of intrapreneurship in Ghanaian work places.

Identify one disposition from the list below where you can have demonstrated growth and explain how you can do so, including a specific step you can take or experience you’ve had in your academic or professional career. •   All Individuals Can Learn •   Empathy •   Growth Mindset •   Intellectual Courage •   Belonging •   Integrity •   Professionalism •   Communication

(only answer question 2 and 5)

Complete the following  case study analysis  Driving Innovation and Growth at Starbucks: From Howard Schultz to Kevin Johnson Your Goal: Analyze the actions and decisions of the stakeholders in the case to identify traits of effective entrepreneurs. Then, examine the entrepreneurship approach the company has taken and suggest approaches, mindsets, and practices that the company could implement to improve its strategy. Identify the frameworks, tools, and resources that will help you gain a thorough understanding of the current state of the company and the challenges they face. Step 3: Synthesize your findings and propose solutions in a report. Your report should include the following:  The main points of the case: Briefly summarize the case you chose to analyze. A summary of your analysis with evidence: Include the results of any analysis you conducted, including external analysis, internal analysis, PEST and SWOT analyses, etc. Summarize strengths, weaknesses, and threats for the…

I need help answering the following  questions about Aisin Corporation  What is a Provide a brief history of the organization. what is  at least 3 milestones from their history.In addition to the databases from the Wk 1 University Library, include 3 resources where you can locate company information in future weeks. This may include company websites, current employees, journals, etc. about the company’s leadership model, demographics, and use of technology. I need help  Defining 1 new unique business opportunity your organization can take to increase its competitive advantage.

1. FIVE reasons why creative thinking and innovation is important toentrepreneurs. 2. Explain factors that you have to include in your environmentalscanning when choosing a business location.

Based on the company's vision statements such as Walmart, Starbucks,Apple, CNN, Netflix and Airbnb which of these companies would you want to work? Whose visions would turn you away? Why? How do you explain your preferences and dislikes with regard to these visions?

Provide an example of a company which can be linked to conventional wisdom and provide an example of a company linked to new thinking.

Meet with your group and discuss a new business venture that can save our environment. It canbe any business that can sustain within & after COVID19.Business Model Canvas 1. Introduction: Define your new business venture, either it is goods or services. Brieflyintroduce why and what motivates you to choose the business?2. BMC: Develop a Business Model Canvas for your business. Explain briefly every 9 keyelements of your BMCGoal & organization Chart 3. Goal: Formulate a specific goal for long, intermediate and short term of your newbusiness venture? Then develop strategy and a hierarchy of plans involving thesecomponents (strategic, tactical, operational and contingency planning).4. Organization Chart: Draw a sample of organizational chart for your business venture. Itshould include job titles, short description and purpose.Marketing Strategy 5. Define factors that determine your marketing strategy (at least 3).6. Develop a marketing plan for your business venture. Your…

What was the last change Cigna Accredo Pharmacy had experienced? How do you anticipate this change to be different? Explain

Case study See attached file and Answer these questions How many Web sites can you think of that use crowdsourcing, that is, have nonemployees provide the value?  What other industries traditionally believe that you shouldn’t share sensitive and strategic information? Howhave you participated in the concept of crowdsourcing as a “nonpaid nonemployee”?

Suppose Nike Company expands into producing beverages. Do you think that this is a gooddecision for the business? Why or why not?

Kindly help us here. This is for our business plan.  Read our product then answer the questions. Thank you : ) SOAPURE ORGANICS The all-natural and beneficial body soap is finally here! This product is dedicated to everyone who wants to prevent and protect themselves from bacterial diseases caused by Mosquitoes. Soapure Mosquito Repellent aims towards a more hygienic and clean society. SoaPure seeks to develop more soaps that can evidently prevent skin irritation from bacterial infections. It could also help avoid insect-borne diseases like dengue and malaria.As a result, a mosquito repellent soap was generated with the water-soluble packaging. Our soap would act as a two-in-one soap – a fragrant soap and mosquito repellent.  It is also made with all-natural essential oils, citronella and lavender oil. Soapure Mosquito Repellent not only repels its users from mosquitoes but is also eco-friendly as its packaging is biodegradable and water-soluble. Questions : 1. Define the purpose of…

Please give two case studies on how a company failed the digitla transformation. Any two companies case study. (Enterprise Systems and Architecture)

To what extent has Amazon b able to adapt to the changing business conditions. How can you tell? How has the culture adapted?

How has Starbucks changed since its early days?

Why is IKEA an innovative company? Support your answer with examples.

In 5 sentences explain the significance of "prior knowledge" to the entrepreneurs ability to "identify or recognize opportunities." What does it mean that prior knowledge is gained through (a) education and (b) experience? Explain your answer in 3sentences each.

15 The microenvironment consists of larger societal forces that affect a company, such as demographic, economic, political, and cultural forces. Select one: a. False. b. True.

Using BCG Matrix, explain Theo’s decision to offer a classic line of chocolate bars after having limited success with Fantasy flavors chocolates.

1.  Which of the following are the key dimensions of strategic entrepreneurship? I. Strategic management of resources II. Competitive advantages III. Entrepreneurial mindset IV. Entrepreneurial culture and leadership          Which of the following is the correct order for the stages of Systematic innovation? I. Opportunity Definition, Solution Definition, Application Exploration, Problem Definition, Project Execution II. Problem Definition, Opportunity Definition, Solution Definition, Application Exploration, Project Execution III. Opportunity Definition, Solution Definition, Application Exploration, Project Execution, Problem Definition IV. Opportunity Definition, Problem Definition, Solution Definition, Project Execution, Application Exploration     .TRUE OR FALSE The rough evaluation criteria can be utilised by the Discovery team to rate or rank all of the business opportunities they developed to provide a prioritization of those opportunities.