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An entrepreneur has the following characteristics EXCEPT:
General Foods' introduction of a compact cereal box in response to the problem that the available boxes did not fit well on the shelf was not successful, as the problem of package size had little effect on actual purchasing behavior. To ensure the best results, this method should be used primarily to identify product ideas for further evaluation.
Although there is some variation in the distribution of adopters of new technology products and services, the single most common pattern is a
In order to cross the gap and reach the take-off stage, the most important aspect is that you must:
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- An executive summary of a proposed business is reproduced below. Evaluate the executive summary using based on: COMPLETENESS OF INFORMATION (refer to slide 4 WK2 ppt), RELEVANCE OF BUSINESS/PRODUCT IDEA, PROFITABILITY, AND SUSTAINABILITY. Justify your evaluations. Business opportunity "More than half of all Smartphone users in Germany (56%) want app functionality for insurances, one in five is enthusiastic about the idea." As evident from a recent survey." Insurance companies are still inefficient in their use of digital capacity and are not yet ready for the digital age. According to the X trend study, mobile sales channels and modern, social communication channels will dramatically gain importance, by 2020. However, most insurance companies have undertaken no endeavors to prepare for this trend. RiskEraser offers a solution for insurance companies, to retain their customers in the insurance world 2.0. Customer behavior has changed extremely in the past few years and customers…consider the following scenario: company abc is currently experiencing a lack of cooperation between employees and a general distrust and fear of abandoning business process that worked well in the past. applying Lewins Unfreeze-Change -Refreeze change theory, provise a step by step strategy of how a company may overcome these common barriers to implementing change. hint: donot provide a defination of the theory. focus on discussing strategies, specifically you must use Unfreeze-Change -Refreeze theory to inform your strategies.The article from class suggests that which of the following best explains the motivation for Disney's elevation of the streaming business? A recognition that entrepreneurship is key to achieving a sustainable competitive advantage To align the design of the organization to better meet changing consumer demands Divesting from legacy businesses Maintaining the status quo for their corporate governance
- Which of the following is the top reason for mangers failure? a. Poor planning practices b. Ineffective communication skill c. High personal integrity d. Effectiveness in delegationThere are many attributes to a successful business among them are unique product,great customer service,talented leaderhip,right price,efficient communication select one attribute and discuss why you believe it is important to a successful business and suggest how a company may develop them.include atleast 2 links to the articleChoose a Topic: Choose a business strategy principal, model, or concept that you feel is especially relevant to you. Topics you might explore more include the following: Porter’s Five Forces Analysis Blue Ocean Strategy Customer Satisfaction Game Theory Corporate Governance Mission and Vision Statements Balanced Scorecard Account-Based Marketing Time Management Communication Skills Project Management Decision Making Problem-Solving Culture Building Trust. Research: Use the internet to find online blogs, courses, videos, podcasts, and articles that teach you more about the topic. Focus especially on how the topic is applied in the business world. These are some starting places for research: Find articles, blogs, videos, and white pages online. These are some websites that emphasize business topics: strategy-business.com fastcompany.com bloomberg.com businessinsider.com cnbc.com forbes.com marketwatch.com wsj.com Identify Opinion Leaders: As you research, identify…
- Task: Respond to the Discussion A discussion response is meant to allow a person time for personal reflection in order to respond thoughtfully to a topic following a group discussion in which ideas and thoughts were exchanged on a particular topic or issue. Discussion: Establishing a sustainable services marketing strategy is key for businesses. This can be done by offering services that have high value proposition, high quality, and benefit the environment (Wirtz & Lovelock, 2018). Businesses must ensure that it is not only a solid plan for the short term, but that it is a plan that will continue to grow with the company and be beneficial in the long term. As companies grow their marketing strategy might change, but there are essential questions that it should always be able to answer. This includes, why are you doing what you are doing? What is the purpose of the company and what they are selling? What are the goals it wants to achieve? How can it achieve those? How are they…Overview Atomic Habits offers a framework for improving every day. Chapters 8–10 focus on the 2nd Law – Make It Attractive. Instructions Read Chapters 8, 9, and 10 of Atomic Habits. Assume that you work for theAmazon as your publicly-traded BIA project. Write a persuasive email to your supervising manager summarizing what you learned from your reading and how it would benefit the company to train employees on what you read in chapters 8–10. Your email must be persuasive and should include responses to the following questions: In your opinion, what were the three most valuable principles taught in these chapters? Why? How will training employees on these chapters help them personally and professionally? How will training employees on these chapters benefit the company as a whole?As a group of aspiring entrepreneurs, you must create a business plan for a service-oriented business in the tourism industry in any Caribbean country (not an existing business/company). All members of the group are expected to work together and contribute to the business plan. Each team member must complete a peer evaluation of the other team members using the provided rubric. The plan is expected to include:
- Reaction to discussion below. Do you agree or disagree? Any additional thoughts? It is important to understand that for a business to succeed, being motivated and hardworking does not guarantee a good positive outcome for the company. There are other key factors that have to be in place in order to put the company on a path for success. These factors include effective planning and decision-making with a systematic approach that considers the available information, the goals and objectives of the organization, and the potential outcomes of different decisions. One of the companies I admire the most today is Apple. I because of how it started and all the changes they had to go through to become the company they are today. Apple is well-known for its innovations in hardware, software, and services. Thanks to them, it grew from some 8,000 employees and $7 billion in revenue in 1997, the year Steve Jobs returned, to 137,000 employees and $260 billion in revenue in 2019. Much less well…NOTE: PLEASE GIVE SELECT THE ANSWER DONOT DEFINE THE ANSWES THERE IS NO NEED OF EXPLINATION "One of the functions of strategic apex is management of organization boundary conditions, its relationship with its environment. Which one indicate this role" Figurehead Entrepreneur Monitor Diseminator Scientific Management is: The examination of the ethic bounds of manages relative to science Using scientific method to define the one best way to do the job Working to improve the research and development operation of the firm compared to competing firms The use of scientific method to develop new products "Which management school of thought emphasized the designing and managing of organizations on an impersonal, rational basis through such elements as clearly defined authority and responsibility, formal recordkeeping and uniform application of standard rules?" Contingency Theory Human Relations Theory…Evaluate and discuss the required levels Businesses/Organizations traverse in order to achieve analytics maturity, which are the following. Level 1: Basic- siloed, ad-hoc, conflict Level 2: Oppurtunistic- departments pursue independently, culture creates barriers, lacking leadership. Level 3: Systematic- centralized shared analytics resources, analytics standards and supporting technology, structured repeatable processes Level 4: Differentiating- constistently leveraging data, clear leadership and champions, frequent data driven decisions Level 5: Transformational- Data built into processes, all decisions are data driven Utilizing additional research, as a Digital Marketing Strategist for Google, explain how you will demonstrate to the Chief Executive Officer (CEO) the significant role you will play in the development of Analytics Maturity for your firm. Please be mindful to include relevant Digital Marketing Analytics concepts learned in the Chapter in addressing your claims.