BUS Formal Report

Select two guest service innovations that have revolutionized the hospitality industry in the last 20 years. Then, discuss the evolution of each innovation and research at least two companies in the hospitality industry that have implemented each of these innovations to transform their guest service and experience. You may select to research a hotel chain, restaurant, cruise line, lodging facility, or even a casino.  Brief background and description of each innovation and how it was introduced into the hospitality industry. A discussion of the impact of each innovation for the hospitality industry with respect to guest service or experience. Analysis of how the innovation has evolved or grown since its inception and how you predict it will continue to evolve with current trends and technological advances.

A disruptive technology is one that significantly alters how consumers, industries, and enterprises operate in the twenty-first century. A disruptive technology eliminates the systems or practises it replaces because it possesses superior qualities. E-commerce, online news sites, ride-sharing applications, and GPS systems are examples of disruptive technologies that have emerged recently. The automobile, electricity, and television were all revolutionary inventions in their own times. a) Elaborate predictive analytics with a suitable example.

Explain an enterprise that provides technology solutions to reduce climate change impacts. 1)how does the enterprise reduce the vulnerability of the community,other enterprises or ecosystems to climate change effects?(in 350 words). 2)how does the enterprise increased the resilience to climate change impacts and risks (in 350 words). 3)is the enterprise sharing knowledge or best practices about climate change adaptation with the customers, beneficiaries other enterprises or wider community?(in 200words) 4)to what extent does the enterprise measure the enterprise's environmental impact?(in 200 words) 5)Does the product or service offered by the enterprise also help mitigate climate change(reducing or slowing down the pollutant of greenhouse gas emission)?(in 200words). (ii)BUSINESS MODEL 1)What is the unique value proposition of the enterprise:what makes the enterprise different from others?(in 250 words) 2)Who are the target customers? 3)briefly describe the products/services offered…

Part One: Indicate whether the following sentences are true or false: One level of incremental / radical innovation concentrates on causing a fundamental transformation in the resulting products or services and transforming the market place and/or the economy as a whole.

An insurance company in Indonesia has just decided to form a digital company to provide the latest services for its customers. Currently the company already has its physical institution that was founded in 2010 and because wants to follow the digital trends, the company intends to develop a digital strategy. (Use the assumption) Questin : Identify and explain type of change needed for the company to success implement the digital company.  If the company must develop a new system vs enhance existing systems to support the business growth, what are the system acquisition options that need to consider and explain the suitable option

All of the following illustrate potential shortcomings of using patents to promote innovation, except: Select the correct answer below: Patents may sometimes cover too much or be granted too easily. In fast-moving, high-technology industries, patents may be irrelevant by the time they're approved due to changing technology. O Not every new idea can be protected with a patent or a copyright. Patents don't allow for the inventor to earn a good return on an invention.

When looking at where opportunities might be found, there are four quadrants to consider per the illustration below. Please rate each of the four quadrants according with are lowest, medium and highest risk. Group of answer choices Market Development            [ Choose ]             Lowest Risk             Highest Risk             Medium Risk          Diversity            [ Choose ]             Lowest Risk             Highest Risk             Medium Risk          Market Penetration            [ Choose ]             Lowest Risk             Highest Risk             Medium Risk          Product Development            [ Choose ]             Lowest Risk             Highest Risk             Medium Risk

How do I organize to monitor and predict changes in my marketplace? Is this marketing’s job or someone else’s? If so, who? What are the costs and benefits of different approaches to doing so? Is simply trying to become more agile and respond quicker when changes occur a viable alternative to trying to better predict marketplace dynamics and change?

Answer in step by step with explanation. Don't use Ai and chatgpt

Describe a historical situation where a failure to assess and correctly interpret the external environment resulted in a business' failure. What elements of the external environment were missed? How might the company have corrected this oversight? Cite any sources used to support your answer.

THEME: Identifying business opportunity by addressing current issues in your community Through market observation and changes in today’s lifestyle preference as well as daily struggles, you are able to identify various business opportunities. You are required to identify a business opportunity by addressing current issues in your community. Evaluate THREE (3) potential business ideas, and select ONLY ONE best idea to be presented in the Business Model Canvas (BMC). This business ideamust be a new and creative solutions that specifically address the identified issue. Develop your business idea through Business Model Canvas (BMC). Your submission must include:1. Business ideas.2. Value proposition. 3. Market and Customer segments.4. Channels.5. Customer relation.6. Key activities7. Key resources.8. Key partners.9. Cost structure.10. Revenue streams and pricing models.

When developing your business strategy and want to enter a new market, you alwaysanalyze the following business threats that might negatively impact your business? [more than one answer) a) New competitors in the marketb) New product in the market22, c)Customers' influenced) Your time management

Are well-established firms or new entrants more likely to (a) develop and/or (b) adopt new technologies? Why?Below is a matrix with four quadrants. Develop your answers starting from quadrant A, then quadrant B, quadrant C, and quadrant D. Explain each.

Innovation is the driving force behind progress and growth in today's rapidly evolving business landscape. It involves the creation and implementation of new ideas, processes, products, or services that add value to customers and differentiate organizations from competitors. Successful innovation requires a culture that encourages creativity, experimentation, and risk-taking, along with the necessary resources and support from leadership. By fostering an innovative mindset and providing opportunities for collaboration and learning, organizations can stay ahead of the curve, adapt to changing market demands, and sustain long-term success.   Question: What role do failure and experimentation play in fostering a culture of innovation within organizations, and how can leaders effectively manage and learn from failures to drive future success?

Gray Electric is a company with a long tradition of innovation. In 1973, they invented the world's first cellular phone and spent many years trying to understand how this new technology would impact their existing business. Gray Electric was in a position to become the first company in the world to develop and market a cell phone, but the upper management of Gray Electric had become complacent with making corded phones and could not imagine a world without landline phones. Because they had been the industry leader for decades and had faced very little competition along the way, the culture of Gray Electric had become rule-oriented and placed a high value on stability. Upper management decided that producing cell phones would only hurt their landline phone sales and quickly abandoned their cell phone endeavour. In 1987, they realized what a bad mistake they had made. Sales of their landline phones were decreasing drastically every year, and Gray Electric was losing money and cutting…

Massam works for a company that is having a hard time competing in the market. Massam really wants to stand out within his organization to further his career in marketing. Which strategy should Massam pursue to better understand the external environment around his company? O Massam should study and analyze the competition to understand how his company differs from everyone else so that he can pinpoint the fallout of his company. O b. Massam should study and analyze the technological environment that is used to understand how his company differs from everyone else so that he can pinpoint the fallout of his company. O Massam should study and analyze the consumer to understand how his company differs from everyone else so that he can pinpoint the fallout of his company Od. Massam should study and analyze the social environment that is used to understand how his company differs from everyone else so that he can pinpoint the fallout of his company

Identify the type of disruptive innovation represented by InvestSure. Justifyyour selection.

"management should actively work on a marketing strategy for a technological innovation only for expanding the acceptance of the technology beyond the markets originally targeted" discuss in 5 sentences

Give me  1 article link on Pros & Cons of Technology (can be career specific, business, or life). Write a 4 sentence summary of the article (telling what the article was about, key takeaway of the article, something new you learned or something you want to learn more about.  1 article link on How different generations view technology. Write a summary of each article (4-5 sentences telling us what the article is about, key takeaway of the article, something new you learned or something you want to learn more about.

Part One: Indicate whether the following sentences are true or false: levels of innovation can be classified as incremental/radical innovation or sustaining/discontinuous innovation. Incremental /radical innovation focuses on the newness and impact of innovation.

Explain the 1st and 2nd picture. 1st pic: purpose of DISRUPTIVE INNOVATION how it works netflix's disruptive innovation 2nd pic: strengths limitations role of management accountant Please explain in essay form and in easy way like explaining to students. Thank you.

Think about the seven contextual factors in relation to your business and industry over the next three years. Of the seven contextual factors, which ones does your department, unit, or organization need to pay attention to? Which ones will be most impactful? Rank the seven contextual factors from high to low impact. Your responses will remain private. Selecting a ranking will move the item to the chosen spot in the ranked list. Contextual Factors   Technology: The impact of new technological innovations in both the products and services that companies produce and provide in addition to the ways in which they conduct business.   Consumerism: The impact that consumers have in shaping the ways in which companies produce, market, and sell products and services.   Labor: The role that employees and the broader workforce play in shaping the conditions in which businesses operate.   Demography: The age, race, gender, religion, ethnicity, family size,…

1. Provide an example of a firm which has been a disruptive innovator. What role does technology play in disruptive innovation? 2. What is the greatest risk of being a disruptive innovator for an organization? How must the firm consider the actions of its rivals? 3. How might government try to limit the effects of disruptive innovation? Provide a specific example of when a technology tool was limited or disabled by a government.

DruckerSystematic innovation involves “monitoring seven sources for innovative opportunity” (Drucker, 1985, p. 35). The first fourare internally focused within the business or industry, in that they may be visible to those involved in that organization orsector. The last three involve changes outside the business or industry.Internally FocusedThe unexpected (unexpected success, failure, or outside events)The incongruity between reality as it actually is and reality as it is assumed to be or as it ought to beInnovation based on process needChanges in industry structure or market structure that catch everyone unawaresExternally FocusedDemographics (population changes)Changes in perception, mood, and meaningNew knowledge, both scientific and nonscientific Discuss the concept  which deals with opportunity thinking anddesign thinking, analyse their concepts by providing specific examples and cite readings (e.g. articles,narrative, research) from reputable sources.

Innovation plays a pivotal role in driving progress and growth in today's rapidly evolving business landscape. It involves the development and implementation of new ideas, products, services, or processes that create value for customers and enhance competitiveness. Successful organizations foster a culture of innovation by encouraging creativity, experimentation, and risk- taking among employees. They invest in research and development, collaborate with external partners, and leverage emerging technologies to stay ahead of the curve. Embracing innovation not only enables companies to meet changing customer needs but also fosters continuous improvement and drives sustainable success in the long run.   Question How can organizations effectively encourage a culture of innovation among their employees?

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…

In relation to the increase in the demand of face masks due to COVID-19, create a brief company history (hypothetical) that includes the following: - Reason why your company was established - Founders brief profile - Company's major turning points - Notable events that happened along the journey of the business

Ethical Dilemma When Algorithms Discriminate Promising companies the ability to get to know their customers and maximize the benefit gained from each one, CRM systems could be called a marketer's dream. CRM software allows companies to look closely at customer behavior, drilling down to smaller and smaller market segments. Once so segmented, customers can be targeted with specific promotions. For the company, this process reaps the greatest returns from marketing efforts because only those customers are targeted who are likely to respond to the marketing campaign. From a customer's perspective, CRM systems seem like a great idea. You finally stop receiving advertisements for things that don't interest you. But what if a company uses its CRM software in a more discriminating way? Where do companies draw the line between using CRM data to offer certain clients customized deals and unethically discriminating against other customers? For example, lenders, which often segment their…

1. Conduct research on emerging technology trends and technology disruptors. Find a story on a technology disruptor that changed business for the industry it impacted. You can use internet sources that are  authoritative, but do not use blogs for this research 2. Describe the highlights of the story that you found  about a technology disruptor 3. Explain the positive and negative impacts it had on the industry and specific competitors in that industry  4. Describe one technology trend that you see as a potential disruptor to its industry and explain why you see it this way 5. Provide at least one reference to support your response

Explain how this innovation solution(injuries and violence) would address the 5 characteristics (Relative Advantage, Trialability, Complexity, Compatibility, and Observability)

Imagine running a large city travel business. Despite many commercial customers, growth has stagnated. You think technology can help you. Does your company have a strength, weakness, vulnerability, opportunity, and threat?

Wells Fargo The Wells Fargo recent crisis over mismanaging customer relationships, fraudulently implementing illegal and unethical sales practices with trusted clients, has cost the company in fines, lost business, and the resignation of the CEO. The following online sources offer a narrative and factual source of what happened, when, to whom, and why. Use these sources to answer and provide evidence to the following questions in an essay: Critical Thinking Questions 1. What were the sources and causes the problems in the first place? Explain. 2. Who were some of the primary decision makers that led to the illegal sales activities? 3. What were these individuals’ motives and motivations? 4. How were the illegal and fraudulent activities discovered? 5. Who was to blame? 6. What unethical activities occurred before the illegal actions took place? 7. What would you have done, if anything, had you been one of the sales professionals pressured to engage in unethical, illegal practices…

Launched in Chicago in 2016, Green Think has since expanded its operations worldwide, especially in Asia. It was a passion project by entrepreneur, Danny Park, who wanted to build a company that lays the foundation for young kids to pursue careers in STEM-based occupations (Science, technology, Engineering, Medicine).   Kids use the materials provided by the company to learn a concept code, build a robot from Green Think’s Lego-esque plastic components, and then apply the concept code to the build to make it perform certain functions. The franchise heavily emphasises its commitment to teaching young children the essential skills that will prepare them for an advanced career in the sciences.   Green Think franchises are available for purchase in a number of countries including Malaysia. Total investment is not too high at approximately US$50,000. This includes inventory costs, supplies, and training, which will be assisted by Green Think main office professionals. 1. Define franchise.…