Critical Thinking What role has technology played in the globalization of businesses? Has technology lev- eled the economic playing field, or has it merely in- creased the distance between the "haves" and the "have-nots"? Give at least one example of each and explain your position.
Q: Please explain (in 50-100 words), each type of diversification associated with Unrelated…
A: Diversification When a firm wants to enter in to a new market and make a different product from the…
Q: Discuss how technological change creates entrepreneurial opportunities. What are some current…
A: Entrepreneurial endeavors are now more profitable and accessible than ever thanks to technology.…
Q: A disruptive business model of today will become a standard business model in the future? Do you…
A: Disruptive business model A disruptive business model refers to the business which disrupts the…
Q: What is the difference of agripreneurship and ecopreneurship? Please explain the differences…
A: Concept of Entrepreneurship - Entrepreneurship, is all about a concept of establishing a business.…
Q: What do you think are the major factors for agribusiness firm to evolve and flourish their…
A: Agribusiness Agribusiness is a term used to depict the area that includes all monetary exercises…
Q: Movie rental stores used to be a vibrant business within the United States, but with the invention…
A: The initial business model was to allow people to rent videos by choosing them online and having…
Q: What is the importance of new businesses? Give 3 management policies you could integrate in a food…
A: Economies are powered by business and innovation. Most of the innovative products or services are…
Q: Watch his Ted Global talk at http://tinyurl.com/og6bx2e and address the following prompt: How can…
A: Businesses all over the world are giving response to a global obligation as well as consumer demand…
Q: Is it possible for businesses to formulate long term business strategies given the rapid changes in…
A: Determine whether it is possible to have long-term business strategy:Even though long-term business…
Q: Colleges and universities, like all business, have strengths, weaknesses, and competitors. Who…
A: Distance learning and its relationship to rising pc technologies have along offered several…
Q: .Are you agree that all economic growth is good?
A: Note: We are authorized to answer only one question at a time. Since it is not mentioned which…
Q: Explain how companies can respond to the environment? Also discuss that how changes in the economic…
A: For the growth of any business analyzing the environment is very important , the companies need to…
Q: "business growth through diversification.When does diversification becomes less productive ? "…
A: Most of the firms doing business prefer to enhance their growth by diversifying their products or…
Q: How does the lack of knowledge about sustainability prevent companies from transitionning to th…
A: Sustainability illustrates the attaining needs of the present without endangering the needs of…
Q: What are examples of a monopolistically competitive firm, oligopoly, and monopoly in your local area…
A: Monopolistic Competition: It is characterized as a circumstance where there might be many dealers,…
Q: Microsoft and Intel are giants of the computer industry.Why do you think these large companies have…
A: With the continuous change and advancement in the internet and other technologies, the methods of…
Q: Why do you think it is important for managers to understand the mechanics of supply and demand both…
A: Demand can be defined as the term which is the amount of goods that are required to the customers…
Q: Elaborate on the technologies & trends which can be used to create a seamless user experience?…
A: Loans have become a vital part of people's lives these days, there has been a hike in applications…
Q: "Emerging economies are characterized by an increasing market orientation and an expanding economic…
A: The entrepreneur performs an active role in economic development. Entrepreneurs work as reactants in…
Q: Economics In a near time, the famous cosmetic brand "Fair & Lovely" changed their name to "Glow &…
A: Fair & lovely is a globally recognized brand that is used by the females as a cosmetic product.…
Q: In the midst of a multitude of facts, data, and statistics, what fundamental economic models and…
A: Economists carry a set of theories in their heads like a carpenter carries around a toolkit. When…
Q: 1. You are thinking of establishing a business in the future. What business would you like to put…
A: A business manufactures products for `the purpose of earning revenue. Businesses should work with…
Q: Explain briefly how trends can shape business landscape with example?
A: Business can be described as an activity of trade that involves the activity of sale and purchase of…
Q: What are the 6 Factors that contribute to a declining economy? Explain the six factors using your…
A: Economists assess economic decline by calculating gross domestic product or GDP, which is the total…
Q: 1. Why stady Enteepreneurship? 2. Give the roles of Entrepreneurship in economic development. 3.…
A: An entrepreneur is a person who creates a new business entity and takes high risk in order to earn…
Q: What will technology do to boost efficiency and competitiveness? Extensive.
A: Technology is a critical enabler of growth and competitiveness. When technology is used…
Q: What industry do you operate in, and what are theindustry-wide trends?
A: The industry-wide trend is a competitive trend and every organization is following them to gain…
Q: Evaluate if it is possible for a business to meet the needs of shareholders, customers, employees,…
A: Stakeholders are all those parties that are interested, affected or they can affect the business…
Q: What kind of responses would you expect from Tesla’s rivals in the automobile manufacturing industry…
A: Tesla commenced their business in the year 2003 and officially revealed their first car in2006,…
Q: Search for the following persons on the internet. What did they solve? State your answers straight…
A: Differentiation means providing unique features or something that is not already there in the market…
Q: Write ME if the following statement describe macro environment and me if it is micro environment. 1.…
A: An organization's macro-environment is its external environment, which influences its working style,…
Q: What would be the best idea for new technology or technological advancement that I can pitch in the…
A: The best idea for a technology that Your key job is to deliver the pitch that will motivate, sell…
Q: What options would you want to improve your economic lot, be an employee, be a professional, or a…
A: When considering the market or the business environment it provides a lots of opportunities for an…
Q: Do you know the difference between needs and wants? Whencompanies that sell coffee develop their…
A: Every company will create value for customers in terms of products and services. They will act like…
Q: With your team, choose three established business theories that apply to the current event and…
A: Business Theories - Business hypotheses are proposed rules or regulations that can be used to depict…
Q: 2.Offer another solution to hedging the economic exposure in the long run as Jim’s business…
A: In recent years, the business has been increasingly focused on rapid outcomes and paybacks.…
Q: what is the advantage of technopreneurship?
A: Technopreneurs are entrepreneurs who concepts technology-based business ideas to make a change in…
Q: Discuss how a market economy facilitates innovation and entrepreneurship. Explain your answer with…
A: A nation with a market economy likewise has expanded innovation. With cash as the principle rousing…
Q: “We need business oligarchs (the practical industry and economic form, not the government system)…
A: Business oligarchs: A business oligarch influences national politics by controlling sufficient…
Q: What would be the ideal competitive advantages of a Mexican food company?
A: There are various factors that contribute to the competitive advantage of any Mexican Food Company.…
Q: Ethical Considerations. The risk of failure is an inherentpart of free enterprise. Does society have…
A: No, society will not raise any obligation will not come to rescue entrepreneurs who fail to operate…
Q: how do online pharmacies challenge the traditional business model of pharmacies and drug firms?
A: As there are two questions, only the first one can be answered. Please post the second question…
Q: Explain how current economic indicators, such as inflation and unemployment, affect you personally.…
A: Introduction: The term Business refers to an exchange of goods and services between the buyer and…
Q: 1)Origin of the Academic Entrepreneur and Academic Entrepreneurship? 2)The role of the university…
A: Entrepreneur: A person who builds, runs, and operates business activities to get the maximum profit…
Step by step
Solved in 2 steps
- 1. Define ethics, and why is it business ethics is very important? 2. Why is entrepreneurship an important component of economic development? 3. Define innovation, and why is it important in entrepreneurship activity especially during pandemic? 4. Why is corruption an unwanted activity in a country like the Philippines? 5. What options would you want to improve your economic lot, be an employee, be a professional, or a small business operator? Why, explain further. 6. What is meant by “the consumer’s right to be safe”?What options would you want to improve your economic lot, be an employee, be a professional, or a small business operator? Why, explain further.( What is meant by “the consumer’s right to be safe”? Why is entrepreneurship an important component of economic development? Define innovation, and why is it important in entrepreneurship activity especially during pandemic?(1) Why is entrepreneurship considered a factor ofproduction? (2) Why is GDP considered a moreaccurate measure of a country’s economic health thanGNP?
- 1. Any business has this technical aspect, may it be small or big _____. 2. Interest rates and inflation rates are considered immediate factors on an economic environment Group of answer choices True False 3. It is a social state where there exist one producer of good or service and the buyer has no other options to buy commodity in a market placeIn order to succeed entrepreneurs must be able to recognize and respond to rapidly changing global picture through monitoring and scanning of external environmental forces that offer opportunities and threaten their enterprise existence. Briefly exam the six forces that entrepreneurs may respond to in external environment using appropriate model? What is the implication of these forces on the business plan development of an entrepreneur?Both Ford and PayPal are in traditional industries with key disruptive innovations. What are the suggestions you would give to companies in the traditional industries to stay competitive in an ever-changing market?
- The Body Shop The Body Shop may have grown rapidly in its early days, but its founder, the late Anita Roddick publicly dismissed marketing’s role. Roddick ridiculed marketers for putting the interests of shareholders before the needs of society. She had a similarly low opinion of the financial community, which she referred to as ‘Merchant Wankers’. While things were going well, nobody seemed to mind. Maybe Roddick had found a new way of doing business, and if she had the results to prove it, who needed marketers? But how could even such an icon as Anita Roddick manage indefinitely without consulting the fundamental principles of marketing? By embracing ethical issues, she thought she was way ahead of her rivals in understanding the public mood, long before the major retailers piled into Fairtrade and ‘green’ products? The troubles that the Body Shop suffer in this century indicate that a company may publicly dismiss the value of marketing while the going is good. Still, sooner or…What forces business firms to be as efficient as possible so they can charge the lowest price? A. Property Rights B. Externalities C. Competition D. Capitalism Capitalism is based on:A. Command-and control Regulations B. Trust C. Market Failure D. Government InterventionOnce the pandemic is over, propose ONE type of food industry that you would like to venture into. (50-60 words) mobile food-van not accepted
- Can someone expect to show me what are the improvement or innovations of Takaful business in the global industries? In Malaysia, is it the Takaful industries running the innovation to improve this Islamic insurance takaful system?.Explain how companies can respond to the environment? Also discuss that how changes in the economic environment effect management decisions? Suppose that you're going to start a new business, for this analyze your environment with the help of Porter's five force model?5) Let's say you become an entrepreneur, What would be the product that you'd like to introduce to the market? Give reasoning why you choose this product? What is your competitive advantage in the market? Can you compete globally with your product?