Are well-established firms or new entrants more likely to (a) develop and/or (b) adopt new technologies? Why? Below is a matrix with four quadrants. Develop your answers starting from quadrant A, then quadrant B, quadrant C, and quadrant D. develop new technologies adopt new technologies well-established firms new entrants Quadrant A Develop new technologies, well established firm (explain) Quadrant B Adopt new technologies, well established firm (explain) Quadrant C Develop new technologies, new entrants (explain) Quadrant D Adopt new technologies, new entrants (explain)
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Are well-established firms or new entrants more likely to (a) develop and/or (b) adopt new technologies? Why?Below is a matrix with four quadrants. Develop your answers starting from quadrant A, then quadrant B, quadrant C, and quadrant D. Explain each.
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- 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?With a classmate, choose one of the following not-for-profitorganizations. Then come up with a for-profit firm with whichyou think your organization could form a strategic alliance.Create a presentation—an ad, a poster, or the like—illustrating and promoting the partnership.a. Adopt-A-Petb. The Water Projectc. Habitat for Humanityd. American Diabetes Associatione. World Wildlife FundWrite 2 or 3 paragraphs to teach the competency to somewho who has not taken Introduction to Business. 1. Explain industry competition.
- Overview Modern corporations realize that in order to remain competitive, they need to innovate. In class, you’ve discussed several barriers to innovation and possible ways to overcome those barriers. In this activity, you will take the things you have learned and ponder ways to help a struggling company develop a more innovative culture. Instructions Read the article "Easy Ways to Innovate in Business."Links to an external site. Write a 1-2 page initiative for Carol’s company (from the article) that you feel will help establish a more innovative culture. (Initiatives are specific projects or programs undertaken to achieve a goal or strategy.) Be sure to include in your initiative the following: The innovative barrier you are addressing. An explanation of the plan or process you propose to initiate to overcome the barrier. An explanation of how you think the initiative will help establish a more innovative culture within the company.Use your own words to describe what is “disruptive innovation”. If you consider the industry structure (i.e., the 5 forces), is disruption innovation considered as the threat of new entrance, threat of substitutes, or Rivalry among existing competitors and why? Please list five (5) disruptive innovations in other industries (not automobile or related industries, as we will discuss the industry in detail later)Why does the Ethisphere Institute offers indispensable insights for organizations to strengthen their business practices by aligning them with their unique culture and values? Why is it crucial to keep in mind that this website serves as a foundation, and it is the responsibility of organizations to incorporate their own beliefs and values into the framework provided by Ethisphere?
- a) State clearly the difference between internal and the external environment of any business. Give at least two (2) examples of each to support your answer. b) Identify one Jamaican industry you are familiar with. State and explain two (2) distinct opportunities for the industry and justify your response. c) For the same industry identified above, state two (2) distinct threats for such organisations and justify your response.Read the following articles along with this week’s lecture and the associated chapters: The Role of Stimulating Employees' Creativity and Idea Generation in Encouraging Innovation Behaviour in Irish Firms Leading into the Next Frontier Using these articles and other resources, develop a plan to create a culture where creativity and adaptability is embraced. In doing so, be sure to address the following in your plan: The four aspects of stimulating creativity The three fundamental skills involved in cultivating adaptability How you plan will provide opportunities for upcoming leaders.Companies can add new products to their existing range through acquisition or development. With regard to to the acquistion route. It can take three forms which include; the business can purchase other businesses, it can obtain patents from other corporations, or it can purchase a license or franchise form another corpoaration. 1.1 Discuss the three mentioned above acquisitions. Based on the information in the extract, conclude which form applies to Mr Price. Motivate your answer. 1.2 5 Categories of new products include; new product lines, additions to existing product lines, improvements and revisions of existing products, repositioning, cost reductions. Discuss these 5 categories of new products Mr Price can introduce.
- To remain competitive, organizations must be in a continuous state of change. Of course, most change is evolutionary, requiring small incremental changes to keep pace with current technology, consumer demands, and the market. However, the external environment may force an organization into revolutionary change, disrupting the long-standing culture of the organization, or end up facing the consequence of becoming obsolete. Consider your professional experience with a recent or past organizational planned change respond to the following questions: Describe the purpose of the change and the expected outcome. Determine the level of organizational change and what occurred leading to planned change. Identify the change model framework used for implementing change. Review the argument about combining dichotomies on exceptions to major and minor changes as you may find this approach was incorporated (Bruskin, 2019) . What aspects of the organizational change were successful and why?…Why is an understanding of the resources and capabilities of the firm, including an understanding of its 'internal barriers to imitation' (i.e. isolating mechanisms), a better explanation of firm-profitability compared with using an explanation solely based on the type of market structure the firm is in?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.