IM - Unit 9 Discussion - Annie Namgoong

Solutions built on the Internet of Things may benefit both vertical and horizontal sectors. When these methods are applicable across different sectors, we have successfully implemented an industry-wide strategy. It's a win-win for humanity and the Internet of Things.Check out the illustrations provided. Choose two and classify them as horizontal or vertical market approaches. Justify.Climate control that adapts to the room's occupancy and outside temperatureMicrochips like this can be swallowed and then send signals to a doctor.

All companies want to have growth, but growth is not all the same in terms of its lasting effects. To get started this week, read the article in Forbes, 13 Factors to Ensure Sustainable Business Growth Links to an external site.. After you read the article, choose a company that you are interested in or would like to work for one day. Assess the company and suggest two growth strategies you would recommend for the company and explain why you have made these recommendations. https://www.forbes.com/sites/forbesbusinessdevelopmentcouncil/2020/06/08/13-factors-to-ensure-sustainable-business-growth/?sh=7aa2c6975279

From a strategic perspective, discuss recent environmental changes that have caused strategic issues with which the company is dealing in real time, today.  Information concerning recent changes in the firm is readily available online. Define company’s industry. Identify and discuss the political forces that have influenced this industry. Identify and discuss the economic forces that have influenced this industry. What political and economic challenges does your company face today? Provide specific recommendations for the company to respond to these challenges. Imagine that you are the top executive of a competitor of the company you reviewed. Explain in detail what you would do to position your company for success in an industry seemingly dominated by your review company?

Critical Thinking What role has technology played in the globalization of businesses? Has technology lev- eled the economic playing field, or has it merely in- creased the distance between the "haves" and the "have-nots"? Give at least one example of each and explain your position.

DIRECTIONS: To check your prior knowledge about the topic, please analyze the pictures below and list down at least three (3) potential markets that entrepreneurs should consider during this COVID -19 pandemic and indicate their needs. Write your answer in the space provided. DO NOT UCH THE https://images. search.yahoo.com/ Market Need Potential Market 1. 2. 1. 3. **OUCE 2/3

Which alternate pathway— acquisition, licensing, or partnering—could be an effective way to continue advancing a technology toward the market in each of the following situations? 1. The cost of both commercializing and developing the product is very high, but no one else in the field has the capability to develop it better than your team 2. Your team is made up of graduate students with differing career interests and no ability to personally take the product forward, but you have invented something very novel that you’d all like to see reach patients 3. There are a number of companies working in your clinical area, but your team has a significant head-start in developing an interesting new technology 4. This method grants the a company rights to the technology but there are conditions and limitations on what they can do with it. A. Non-Exclusive License B. Licensing C. Acquisition D. Partnering

How do we use technology in business?       How does technology potentially help people in business?       How does technology potentially hinder people in business?       Debate: Technology creates an advantage/disadvantage for business.

How to respond into this in 100 words?   Social trends can significantly impact business in high-tech industries, presenting both opportunities and threats for organizations and their strategic management. Social and technological forces are two of the four categories that comprise the microenvironment, or external environment. Social forces are related to values, beliefs, and culture while technological forces are related to advancements such as automation, artificial intelligence, or digitalization. An example of how social trends present both opportunities and threats to organizations operating in high-tech industries is the rise of electric vehicles (EVs). The growing interest and demand for electronic vehicles present great opportunities in the automotive industry. As more consumers prioritize sustainability and seek to reduce carbon emissions, EVs are becoming a more viable and popular choice. This interest based on the values of sustainability and green transportation has…

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After you’ve completed your reading, identify an ecological, equity, health, or product safety problem you see that might be addressed through a sustainability innovation approach. What causes the problem? What kind of shift in mind-set may be required to generate possible solutions? Please answer quick question unique and short. Thank you.

Conduct online research on Amazon, including both company and non-company sources in order to answer the following questions. From a strategic perspective, discuss recent environmental changes that have caused strategic issues with which the company is dealing in real time, today.  Information concerning recent changes in the firm is readily available online. Define company’s industry. Identify and discuss the political forces that have influenced this industry. Identify and discuss the economic forces that have influenced this industry. What political and economic challenges does your company face today? Provide specific recommendations for the company to respond to these challenges. Imagine that you are the top executive of a competitor of the company you reviewed. Explain in detail what you would do to position your company for success in an industry seemingly dominated by your review company?

INSTRUCTION: Think of one societal problem, then give an example of a business idea and target market.   Here, I provide one example for reference purposes. Societal Problem: Water Shortage  Business Idea: A rainwater harvesting system comprises a collection area, a conveyance system, and storage facilities. The purpose of this installation will help consumers to filter and store rainwater even after the rainy season has gone. It will augment the water supplied by the Baguio Water District, especially during the dry season. Target Market: Household and business owners.

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

Discuss how a market economy facilitates innovation and entrepreneurship. Explain your answer with relevant examples.(identifying and explaining the relevant factors. Answer should be provided in approximately 150 words)

1.is it the responsibility of businesses to track and manage the social, economic, and environmental impacts of their actions? Why or why not? 2.What value does using the Triple Bottom Line bring to a business, and is it worth the potential drawbacks of incorporating it? 3.What value do businesses using the Triple Bottom Line bring to society, and how might society be impacted if TBL were not a common business practice?

However, globalization and advances in information technology, although potentially exciting, also pose a threat to the economies and businesses of the world, which are increasingly dependent on these two factors. Describe two of the difficulties you've had since starting your new job, as well as the solutions you've found to get through those difficulties.

Please do not give solution in image formate thanku What changes would you like to see continue t is very common for business to run into issues they did not anticipate - This past year we have seen this happen to all business because of the pandemic. For this discussion find a video or article to share with the class on how restaurants have changed due to covid. Your discussion question is: What changes would you like to see continue when restaurants are allowed to operate as "normal". What changes will become a permanent part of our dining experience. when restaurants are allowed to operate as "normal".

Summarize each of the five forces related to the new industry (Powersports Industry) in just one sentence per force. Be sure to assess the effect of each force as low, medium, or high in your summary. These summaries will be pulled into a chart like the one shown above when you download Project One. Porter's Five Forces Summary Rivalry Among Existing Competitors Low/medium/high because ... Threats of New Entrants Low/medium/high because ... Bargaining Power of Suppliers Low/medium/high because ... Threat of Substitute Low/medium/high because ... Products Bargaining Power of Buyers Low/medium/high because ...

Forces Affecting Business in Today's Dynamic Environment The business environment consists of several factors that affect a business's ability to be successful and operate profitably. Creating the right business environment is the foundation for social benefits of all kinds. Businesses operate in a dynamic environment that consists of economic, technological, competitive, social, and global factors. Businesses normally can't control their environment or the changes that occur, but they need to monitor it carefully and do what they can to adapt to the changes. Read the descriptions of each company, then match it with the appropriate environmental force. 1 Global Social 3 Technological 4 Economic and legal 5 Competitive

1. Identify and discuss, using specific examples, two emerging technologies which can assistin combating the global problem ( global warming, sea level rise, melting of glaciers and more frequent extreme weather events)?

All contemporary organisations operating in an uncertain economic climate, need to know how to manage change in orderto survive. For businesses to withstand today’s competitive environment, they must frequently examine its processes andperformance strategies to better understand what changes need to be made. Change nowadays is a reality for businessesand those which resist change, risk losing their competitive edge.To complete this project, you are required to select an organisation that you are familiar with and the business environmentin which it operates. Analyse the internal and external business environment and answer the following questions.You are required to study the business environment of the selected organisation and develop a report document forexecutives on the management of the business environment and organisational change dynamics. The report shouldprovide clear reference to the organisational context and extensive application of relevant theory. The headings…

Discuss how a market economy facilitates innovation and entrepreneurship. Explain your answer with relevant examples. (identifying and explaining the relevant factors.)

i. Businesses are influenced by various forces that exist within the external business environment. Given knowledge of the Remote External environment, conduct a detailed PESTLE analysis of a named Ghanaian company; clearly identifying its Opportunities and threats. For each segment, demonstrate how you scanned, monitored, forecasted and assessed that segment towards identifying the opportunities and threats exposed to your identified organization. ii. With reference to the COVID-19 pandemic, describe how the strategic position (SWOT) of the named company in (i) above has been affected. iii. Describe any two (2) innovative strategies that the company would employ to appropriately respond to the repercussions of the pandemic.

Explain how the convergence of computer technology, telecommunications, and the media has resulted in the birth and ongoing development of forward-thinking innovations and applications like Amazon.

Non-technological innovation such as business model innovation, innovative managerial approaches, customer/supplier relationship innovation models has impacted on entrepreneurial activities in today’s business.Please critically discuss the question “how cultures influence the diffusion of innovation?”. Practical examples should be given to enhance your answer.

Imagine that you are conducting an interview with a startup (Small Enterprise) in computer industry owned by Omani recent CEPS graduate, and you wanted to know the challenges that young entrepreneurs experience. Which of the following question would give an answer to this question and address your aim of the study: O a. Why did you decide to run your own business? O b. Tell me about yourself? O c. Do you think that the government should offer more financial and training assistance to entrepreneurs? O d. None of the above

All contemporary organisations operating in an uncertain economic climate, need to know how to manage change in order to survive. For businesses to withstand today’s competitive environment, they must frequently examine its processes and performance strategies to better understand what changes need to be made. Change nowadays is a reality for businesses and those which resist change, risk losing their competitive edge. To complete this project, you are required to select an organisation that you are familiar with and the business environment in which it operates. Analyse the internal and external business environment and answer the following questions. You are required to study the business environment of the selected organisation and develop a report document for executives on the management of the business environment and organisational change dynamics. The report should provide clear reference to the organisational context and extensive application of relevant theory. The headings…

All contemporary organisations operating in an uncertain economic climate, need to know how to manage change in order to survive. For businesses to withstand today’s competitive environment, they must frequently examine its processes and performance strategies to better understand what changes need to be made. Change nowadays is a reality for businesses and those which resist change, risk losing their competitive edge. To complete this project, you are required to select an organisation that you are familiar with and the business environment in which it operates. Analyse the internal and external business environment and answer the following questions. You are required to study the business environment of the selected organisation and develop a report document for executives on the management of the business environment and organisational change dynamics. The report should provide clear reference to the organisational context and extensive application of relevant theory. The headings…