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- Is focusing on smaller cities rather than areas like silicon valley a good strategy, why?
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- Is focusing on smaller cities rather than areas like Silion Valley a good strategy, why?1. Why do similar shops and restaurants often do business right next to each other? 2. Why do start-ups often situate themselves near other companies in the same industry? 3. Which industries do you associate with the following places? Bangalore - Detroit - Hollywood - Las Vegas - Paris - Silicon ValleyThe difference between community development and economic development is that community development is geared towards low-income communities, while economic development is an issue for all cities, regardless of wealth or size. True or False? A. True B. False
- How did J&J benefit from the Singapore ecosystem?dentify a potential Blue Ocean in today’s business environment. Can you identify any firms moving to take advantage of this space?What kind of infrastructure will be necessary to support an online clothing business? Will it be better to start small and expand or get everything in place from the beginning? What are the cost and other benefits of each?
- 1. Which among the following technologies used in manufacturing is currently being used as the main technology in the production of wine and cheese? a. Advance Industrial Robotics b. Industrial Biotechnology c. Electric Vehicles d. Industrial Internet of Things 2. This involves machines designed to perform industrial tasks automatically, with high programmability and the capacity to interact with their environment. a. Additive manufacturing b. Advanced industrial robotics c. Industrial biotechnology d. Electric Vehicles 3. In our generation, which technological advancement is NOT TRUE? a. Technology has changed the way we interact. b. We have a new generation of home entertainment. c. There are huge improvements in our healthcare and health services. d. Modern transportation technology depends on non-renewable energy.How will external factors (economic, political, pandemic’s, wars, sustainability, technology, global and regional realignment, etc.) be key in the overhaul of a traditional industry of your choice (such as manufacturing, retail or any other) as we know it today and 5-10 years from now? Explain and cite examples.With different types of strategies, how can firms best cope with the turbulent, high-velocity markets or uncertainty in the business environment?