1. Among the reasons why innovation strategy is important to companies/organizations, as a futureentrepreneur/manager, select only one (1) that should be the most compelling reason, and explainyour answer and cite a concrete example.2. Which specific industry or organization that the academic sector, for example, Central LuzonState University offering BS Entrepreneurship at the College of Business Administration andAccountancy, should have a collaboration and innovation network? Explain your answer inrelation to the advantages of having an innovation network discussed by Innolytics.3. Based on the several reasons why companies/organizations undertake research anddevelopment, select only one (1) and convey your insights to explain about it.

“Since you have asked multiple questions, we will solve the first question for you. If you want any…

Answered: 1. Among the reasons why innovation…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Explain why there are particular types of innovation activities for which large firms are likely to outperform small firms, and in a similar token, there are types for which small firms are likely to outperform large firms. Cite examples of Philippine companies to support your explanation.
Mr. Ahmed has approached you with a novel idea for the treatment of childhood eplepsy. As an innovation advisor, what are the possible challenges obout which you would like to advise him so that he can take this idea forward and make a difference in the society? Rubric SWAT Question1 Identify at least four key innovation management challenges associated with the area of innovation mentioned as per the situation in the question. and and discuss at least 4 of them
In Microsoft Ltd., the software’s are developed by using a team of experts and the managers keep their employees relaxed so they can think. Only thinking without any boundaries can lead to innovation and this is what the company wants. Which organization structure Microsoft is using to have innovation in their employees and why this structure is used. Explain it in own words and provide reasoning of the answer.
The strategic innovation Discovery team at Mobile Inc. embraced incremental changes to the business model but senior management were not ready to make the big strategic leap to a whole new way of doing business. We call this movement away from the current business strategy _____________________________. a. Discovery drift b. Strategic Frontier c. Exploratory vectors d. Discovery leap Which of the following are excuses provided by organizations as it relates to the problems experienced when managing the business toward the future? a. Ambidextrous organizations, Industry turbulence, Corporate myopia b. Corporate myopia, Industry turbulence, Future incompetence c. Corporate myopia, Industry turbulence, Future competence d. unpredictability, Industry turbulence, Future incompetence Based on the theoretical model proposed by Ardichvili, Cardozo and Ray, which of the following is NOT considered a major factor that influences the core…
Amazon Fresh 1. What is your assessment of the online grocery market opportunity? What explains prior failures in this market? 2. Given previous failures, how can Amazon succeed? What makes Amazon think they can succeed this time? 3. Is AmazonFresh a disruptive innovation? If so why? If not why not? Be specific! 4. What do you see as Jeff Bezos’s biggest challenge(s) moving ahead in the future with AmazonFresh? And, what would you recommend to overcome these challenges? 5. What managerial lessons are to be learned from this case, if any?
Strategy; Innovation One common measure of a firm’s efforts in innovation is the amount thefirm spends on research and development and capital spending (new plant and equipment) relativeto other expenditures. Based on U.S. firms in the Standard & Poor’s 500 stock index, innovationmeasured in this way differs significantly among industries. The highest rates of innovation are insoftware and services, semiconductors, drugs, biotech, and technology hardware. Somewhat lowerlevels of innovation are seen in the food and beverage, consumer goods, household products, andautomobile industries.Required Comment on the differences observed above from a strategic point of view.
1)What are the key factors contributing to Apple’s phenomenal success? 2)Apple’s product launches over the past decade have been monumental. What makes the company so good at innovation? 3)How important was the Airtag to Apple’s current success? Discuss the significance of the Apple Airtag launches to Apple’s new-product development strategy. Note: Please don't get answers from Chat GPT . need answers in detail
A. G. Lafley at Procter & Gamble (P&G) had implemented an open-innovation model, which had greatly benefitted the company. In the light of this information, we can conclude that A. G. Lafley is a(n) Select one: a. early adopter. b. venture capitalist. c. category captain. d. intrapreneur.
Site 1 example for the Intangible assets of your chosen companies and explain why. You can SKIP Human capital. Just use the 3 intangible assets such as Customer Capital, Social Capital, Intellectual Capital. Examples:SOCIAL CAPITAL - CORPORATE CULTURE: APPLEApple Inc. has an organizational culture for creative innovation. The company's cultural features focus on maintaining a high level of innovation that involves workers' creativity and a mindset that challenges conventions and standards, such as in the area of consumer electronics design.CUSTOMER CAPITAL - CUSTOMER LOYALTY: STARBUCKSThe Starbucks Rewards program awards customers with "stars." As they earn stars, customers receive free coffee and products. In addition to celebrating their birthday with a free treat, there are also bonus rewards like double star days and access to exclusive games and offers.INTELLECTUAL CAPITAL - PATENTS: SAMSUNGSamsung Leads the Way with 1,728 Granted Patents for 5G• Samsung Leads the Way with 1,728…
What are some ways to generate value innovation to support a blue ocean strategy? Do you believe IKEA has succeeded by adopting a blue ocean strategy? Why or why not? What does it mean to be stuck in the middle?
How can a firm ensure that the innovation strategy aligns with the broader strategic goals of an organization, and what techniques can a firm use to achieve this alignment?
Overview Continue researching innovation in organizations by reading Chapter 4 of the book Lead and DisruptLinks to an external site.. Then write another memo summarizing the contents of the chapter to share with your co-workers at the next team meeting. Instructions Read Chapter 4, "Culture as a Competitive (Dis)advantage," from the book Lead and Disrupt. Answer the following quiz questions in Canvas for Chapter 4 What is Organizational Culture? How can organizational culture create an advantage? Give examples of companies where the culture has been an advantage. How can organizational culture create a disadvantage? Give examples of companies where the culture has been a disadvantage. Can organizational norms and a culture of innovation be the same thing? How does leadership affect culture? Why is it important for the leaders in an organization to be ambidextrous?

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1. Among the reasons why innovation strategy is important to companies/organizations, as a future entrepreneur/manager, select only one (1) that should be the most compelling reason, and explain your answer and cite a concrete example.