1. Question : (TCO A) Which of the following is most clearly an example of process innovation?
Student Answer: a pizza chain is able to develop a method of baking pizza that enables pizzas to be baked in 10 minutes rather than the standard 20 minutes during the late 1980s a potato chip company introduces a line of its potato chips with a new type of seasoning. a major motion picture studio releases a new 3D movie.
a tire manufacturer develops a tire that re-inflates itself instantly when it is punctured Instructor Explanation: Chapter 3
Points Received: 4 of 4 Comments:
Question 2. Question : (TCO A) After Yahoo! was introduced as an easy way to search the World Wide Web, it was followed by
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Basic research is directed at increasing understanding of a topic or field. This type of knowledge will help the company to better understand the medical field and to come up with approaches to applied research. For example, research to understand why and how people develop diabetes would provide guidelines into approaches to treatment. Applied research is targeted at increasing knowledge for a specific application. The development of new methods of treatment based on the findings of basic research would be the next logical step to take. This type of research would also require creativity and innovation but would be targeted at treating an illness in a certain way
Points Received: 25 of 30 Comments:
Question 2. Question : (TCO A) At a retreat by the Salisbury City Council, community leaders held a discussion on attracting and developing new businesses and increasing employment rates in the city. One leader suggested that the city consider sponsoring a business incubator. Explain what an incubator is and how this might help the city meet its goals.
Student Answer: Business incubators are programs designed to support the successful development of entrepreneur companies in support resources and services that include physical space, capital, coaching, common services, and network connections. The incubator can provide the resort with financial and technical services to build the business. They
ASOS is an international fashion retailer, which offers an extensive line of products, varying from high street to
For the simulation my company name was H Company. Below you will find the results to the 8-year simulation. H Company has been highlighted in the majority of screen-shots.
Her success has recently come in 2011. My plan is to open a second sleep study in San Antonio, Texas. Roxanne will continue to manage the center in Corpus Christ and will help me virtually manage the San Antonio location. Because Roxanne has the information needed to model her sleep center it will be much easier to open up my own sleep evaluation center based on her proposal.
This business plan addresses a variety of issues associated with creating and operating a business incubator to foster entrepreneurship in Pine Bluff, Arkansas. It was developed based on the findings and observations of economic development for the Jefferson County conducted by LaRonda Joy Davis.
2. Basic research is the discovering of what we don’t know yet, it’s uses aren’t needed immediately. Applied research has immediate uses such as, to help solve conflict. Basic and applied research both search to discover knowledge that can be useful in the future. Basic and applied research
Funding opportunities should be explored and increased for small businesses and entrepreneurs doing business in Atlanta, GA (Fulton County). Georgia State Legislators should use their influence to broaden funding opportunities in the City of Atlanta similar to the funding opportunities enjoyed by start-ups in Silicon Valley (Southern San Francisco Bay area). More specifically, State politicians should consider using their influence to assist young entrepreneurs (under the age of 20 years old) with funding for their small business ventures. There are a few successful business incubators and/or other business initiatives to provide education, training, business mentoring and bank financing in Atlanta, GA. However, a lot of these programs target more established businesses. Younger entrepreneurs find it extremely difficult to find the kind of support to truly launch a viable business concept.
Second, every initiative undertaken by the startup, be it product development, marketing, etc., should be used to improve one of the drivers of its growth model.
Many of us attending college at this time, attempting to gain an education, learning about business are likely aspiring owning a business in the future. Whether it’s a small business or large corporation overtime, it will likely have to start from the ground up. As start-ups, there are many obstacles new business owners may have to understand and overcome to have initial success.
Looking at where it all starts businesses grows in three phases and there is a distinct message in each. The infancy stage is the owner and the business, without the
A start-up business is essentially built on the idea of innovation. Because the business is entering a market that is already there, the business must create a fresh idea before it can began operating. This means that start-up companies are driven by the passion to change the market.
A wealth of knowledge is compiled in one location for the small business entrepreneurial. The Small Business Administration website offers the Small Business Training Network (SBTN)
Starting a new business is rarely simple. In addition to putting in long hours, you have to find investors for your start-up and figure out the best business strategies. While running a business is not always easy, there are a few common techniques that can help you improve your business.
The Harvard Business Review case study "Networked incubators: Hothouses of the new economy" was clearly written during the heady days of the dot.com revolution. It is a rosy vision of how a number of 'accelerator' firms attempted to capitalize on the dot.com boom by incubating start-up organizations by providing them support ranging from physical structures (including housing many of the firms within the same office space in divided cubicles) to actual venture capital support. Most of the firms in the article are no longer solvent. However, one lesson which can be learned from the article is that networking can be valuable: i.e., the creation of an environment where networking and connections between members of the organization can be fostered in a positive manner and profit both the incubator firm and the incubated firm. The organizations which were the most successful in these ventures actively encouraged networking between the firms in their portfolio of start-ups and engaged in networking with firms outside of the organization.
Choose an industry of your interest and use porters five forces method of analysis to explain why the industry is attractive to you.
While we are now in the middle of the decade that aspires Emirates at the end to become one of the best places in the world to do business, it 's time to take a closer look at how the growth of the incubator environment for start-ups and also the obstacles.