1. Outline the difference|between a business idea and a business opportunity? Why is this distinction important?
Q: Which element of inquiry focus on the skill of making or carrying out plans to achieve a goal? a.…
A: An act for asking to know about something is called an inquiry. When a person is curious to know…
Q: A. Describe the features of extended enterprises? B. Discuss the need for IS planning? C. Identify…
A: ''Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: a) Outline a stress test approach that you would undertake to evaluate a business concept b) Luke…
A: Answer A) We develop the method and explain it with an illustrative case example in this conceptual…
Q: Critical Thinking One of the criteria for a usable market segment is its size. This chapter…
A: A segment refers to a group which constitutes of members that share similar tastes , preferences and…
Q: What are the chances of MyFloridaMarketPlace moving to the cloud?*
A: My Florida Market Place is an electronic procurement vendor management service dealing with…
Q: 4. What is Therbligs? 5. Who developed Therbligs?
A: The Gilbreth System of Therbligs paved the way for future research into work and work techniques.…
Q: 9 __________ include internal capabilities, resources, and positive situational factors that may…
A: A SWOT refers to an implausibly simple analysis however a strong tool for the event of the business…
Q: An entrepreneur has the following characteristics EXCEPT: Select one: a. Accepts risks or…
A: An entrepreneur has an intention to develop and also the willingness to implement thru on creative…
Q: 1. An entrepreneur must strike an excellent balance between being a(n) A. Sales person and a…
A: An entrepreneur is a person who decides to launch a or initiate a new business with a business idea…
Q: 3.0 Which of the following is a secondary source of business idea A. Entrepreneur's expertise,…
A: A business idea is very important for all entrepreneurs because it helps them to focus on the…
Q: How has the fact that Sunny Delight has changed ownership a number of times affected the number and…
A: Yes, It is very surprising that Sunny Delight could end up having so many analytics tools.
Q: Q1 What is logic? Describe the importance of logic in business studies.
A: Logic in business determines how data may be shown, stored, created, and altered.
Q: Describe the characteristics of the Change Agent who must be hired by Mercedes-Benz for developing a…
A: A Change agent is an agent who facilitates any kind of change adaptation. Change agent can be a…
Q: In the “Memorial Address,” Heidegger speaks of two kinds of thinking: the above mentioned…
A: Heidegger’s two ways of thinking, calculative and meditative, were used as the thematic basis for…
Q: .............. are negative external forces that may inhibit a company from achieving its…
A: The SWOT analysis helps the firm to determine the advantages and disadvantages of the firm from…
Q: What is an MVP? Why developing an MVP is a very important activity for a startup? For your proposed…
A: A Minimum Valuable Product (MVP) is a version of another new product that enables a group to gather…
Q: Given that newbies are not allowed to engage in sales yet, what 5 objectives could prepare them for…
A: Sales are the lifeline of any business. Since it generates revenue for the business. A salesman is…
Q: I. TRUE OR FALSE. Write TRUE if the statement is correct and write FALSE if the statement is…
A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…
Q: Strategy Which of the following statements about marketing strategies is correct (a)? Select one or…
A: Marketing strategies can be explained as the plan that the company uses to reach the potential…
Q: cuss in detail what is Design Thinking? Why do we need Design Thinking? How will this help your…
A: Design Thinking is a design technique that gives an answer based way to deal with taking care of…
Q: 3. Definition of the Business Explanation of the business concept, the current offering and the…
A: A business is defined as an organization engaged in commercial, industrial, or professional…
Q: with original, innovativ
A: Innovation is the process of coming up with new and different ideas or solutions, and then putting…
Q: Imagine you are the CEO of an organization. Your work is expanding and you need to hire people who…
A: The decision making process can be defined as the process in which a manager or a person in general…
Q: Evaluate Xhale’s idea and Vestagen’s idea on all four dimensions of an opportunity. Rank each idea…
A: A business aims to fulfill customer's need in the most profitable way to be able to survive in the…
Q: How do I organize to monitor and predict changes in my marketplace? Is this marketing’s job or…
A: For any business, the most important key to survival is predicting the change and efficiently…
Q: support and oppose adding fees on food establishment that does not use “eco-friendly” packaging.
A: The eco-riendly packaging as it is called the movement of the green and it have various…
Q: What means the value proposition and what are the benefits of a good Business Idea in the Value…
A: The above question is from the topic Marketing, so let us first understand what Marketing is.…
Q: Answer the following questions, thoroughly. 1. What is the disadvantage of unanticipated means of…
A: A business idea is thinking that may be exploited for profit. It is usually centered on an item or…
Q: What are the benfits of business research for a manager? How research gives benefits to enhance…
A: "Business Research" is defined as a process to acquire all the necessary information of allthe…
Q: Business goais are an essential part of establishing priorities and setting your company up for…
A: Every business has its own objectives, goals, vision, and mission. Businesses provide goods and…
Q: Process of coming up with a short list of a few vey promising opportunities which will be…
A: You have posted two unrelated questions. As per the company policies, the first one will be…
Q: The flexibility characteristics of entrepreneurs refers to ________________? A. Responds to changes…
A: An entrepreneur can be referred to as the person who seeks opportunities and initiates starting new…
Q: business ideas. Identify at least 5 societal problems then think of a business idea related to your…
A: Now that we've confirmed that, let's speak about the best ways to come up with ideas for businesses.
Q: 1) All of the following are accurate descriptions of modern marketing EXCEPT which one? A)…
A: Marketing is the function of catering of consumer needs along with promotional aids in order to…
Q: Critical Thinking In recent years, for packaged products the FDA has proposed that companies include…
A: Packaging refers to the wrapping or the covering of the product to prevent the product from any such…
Q: Why it’s necessary to generate innovative business ideas instead of duplicating available ideas?
A: Solution of the above question is explained below:
Q: Why is it so difficult to predict whether an innovationmight disrupt an industry and when it could…
A: Innovation is frequently concerned with the creation of more productive goods, methods, operations,…
Q: . It is entirely impossible that an opportunity is out in the environment for the entrepreneurs to…
A: Enterprise is one of the factors of production. Other factors of production are land, labour and…
Q: What are the factors that affect SMEs’ business growth? Identify at least five and make a precise…
A: Below is the solution:-
Q: ve you ever been involved in the creation of a business plan? If so, did the plan include all three…
A: I have never been included in a business plan but I know how to create a business plan.Here are ways…
Q: how can an ice cxream business accomplished goals and objectives?
A: Ice cream business refers to the process of manufacturing various types of Ice creams and selling it…
Q: Analyse the above statement and explain why innovation and enterprise are both fundamental in…
A: Innovative practice and Idea generation in business:These both terms are very familiar to anyone…
Q: Determine what type of internal and external information is required by your chosen business for…
A: The business environment is the total of internal and external factors that have a direct or…
Q: s management of technology and innovation (MTI) crucial i
A: Organizational success depends on the management of technology and innovation. We have witnessed the…
Q: Vhat criteria are used to group strategic alternatives when conducting a SWOT analysis? .…
A: SWOT Analysis is a straightforward yet helpful system for breaking down your association's…
Step by step
Solved in 2 steps
- Multiple Choice: Read carefully each statement and encircle the correct answer 1. An entrepreneur does their best to satisfy customers and to deliver what is promised. What entrepreneunal competencies are being described? a. Demand for efficiency and quality c. Goal Selling b. Risk-laking d. Persistence 2. Ms. Cristy Ternate is the owner of the bus company first love travel and lours. She requires to be an effective and efficient communicator in her company. Also, in her job. It meeds a good relationship with their customers. What skill of an entrepreneur is being described? a. Decision Making c. Planner b. Discipline d. People Skills 3. Due to the pandemlc that we now experience it has an adverso allocl on pnce hike in raw material and supplies, fare hike due to the price of oil. As an entrepreneur on this change, we are affected because of a sudden change in the price of the raw materials. What kind of characteristics of an entrepreneur is being described? a. Ability to accept change…Case Study: Tweet Tweet—Will Twitter ever find a business model that works? Purpose The purpose of this discussion is for you to explore the business value of a business such as Twitter. The story of Twitter illustrates the difficulties of turning a good business idea with a huge audience into a successful business model that produces revenues and even profits. Next Steps: 1. Read the Twitter Case Study. 2. Post your answers to the following five (5) questions on a WORD document. Keep your answer to each question to around 200 words (1000 words in total). Use your own words. 1. What characteristics or benchmarks can be used to assess the business value of a company such as Twitter? 2. Have you used Twitter to communicate with friends or family? What are your thoughts on this service? 3. What are Twitter’s most important assets? 4. Which methods for monetising Twitter’s assets might be most successful? 5. Can Elon Musk, who recently bought Twitter, turn it around and make Twitter…Using what you learned about TripAdvisor TripAdvisor Business Model Canvas (innovationtactics.com) TripAdvisor Business Model Canvas (innovationtactics.com) Share with us what you feel is one of the most interesting, compelling pieces of this business? Identify which of the 9 key components this information falls within (for example it could be: how TripAdvisor actually makes money being a "reviews" page or these are Tripadvisor's key competitors and this is one that actually surprised me...). Have you ever used TripAdvisor or posted on TripAdvisor? What was your experience? Pick an international dream vacation spot. Lookup a hotel that has a 4.8 out of 5.0 rating or higher in that destination. Examine a few reviews. Share with us your destination spot and a link to the hotel. Would the reviews of this property make you decide to book there? Why could user-generated content/feedback be seen as a revenue stream?
- 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.Why is IKEA an innovative company? Support your answer with examples.B. Discuss the role of four business functions at IKEA. Give at least two innovation examples for each business function at IKEAChoose your healthcare facility, system, organization, etc. to develop a strategic plan that addresses the following components: Mission statement Vision statement Core values SWOT analysis Grand strategies or long-term strategic priorities The operational and tactical plans Key performance and evaluation indicators Change management plan, which includes the following: The size of the change and its impact on the community and the organization Organization's readiness for change Change management strategy. Team structure and responsibilities Sponsor roles and responsibilities Planning and implementation Communications plan Change management resistance plan. Training plan Incentives and celebrating successes. Timeline/schedule of activities Budget for change management
- 9 __________ include internal capabilities, resources, and positive situational factors that may help the company serve its customers and achieve its objectives.Select one:a. Opportunities.b. Strengths.c. Threats.d. Weaknesses36)include internal capabilities, resources, and positive situational factors that may help the company serve its customers and achieve its objectives. Select one: a. Opportunities. b. Strengths. c. Weaknesses. d. Threats.The managerial task of developing a strategic vision for a company: Question 20Answer B) entails coming up with a fairly specific answer to 'who are we, what do we do and why are we here?' D) involves deciding upon what strategic course a company should pursue in preparing for the future and why this directional path makes good business sense. C) is chiefly concerned with addressing what a company needs to do to successfully outcompete rivals in the marketplace. A) concerns deciding what approach the company should take to implement and execute its business model.
- 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.Answer the following items. 6. What is the advantage of using appreciative wording when focusing on an initiative? 7. Discuss how you could apply Appreciative Inquiry and/or Strategic Doing in your job. 8. Discuss how you could apply Appreciative Inquiry and/or Strategic Doing outside of your job.What should Paolo do? Recommendations and ‘if/then’ scenario – Present your recommendations. For each recommendation, identify both the positive and negative impacts it may have on the company. Also indicate what actions, policies or theory support your decision/recommendation.
