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Provide a minimum of three references for each of the following sections:
Innovation Overview (by John)
Relevance (by Mary and so on)
Impact
Marketing
Economics
Investment Considerations
Legal
Implementation
Future relevance
Please use scholarly journals and textbooks for a minimum of 10 of your references. Technological products and services should not be more than 5 years old. Articles from Technical magazines are encouraged. Google scholar is another source.
Step by step
Solved in 5 steps
- a) Prepare a proposal for an innovation (product/service/operational/social) "I chose Natural Language Expert System" A. The Innovation (Approx. 500 words) Approach this as if it were a written “Elevator Pitch”, i.e. you have ~3 minutes to pitch your idea. This means that you need to get the idea across succinctly. You must include the following: A.1. Discussion of the general Problem/Opportunity being tackled, including stakeholders. A.2. Description of your innovation (i.e. How it works!) A.3. Analysis of the unique selling/value proposition (Uniqueness of your idea compared to the current context) A.4. Description and evaluation of resources needed to make this innovation happen (e.g. equipment, materials, skills, partnerships, etc.) A.5. Explanation of how to engage stakeholders with this innovation (e.g. pre: consultation to refine the innovation, post: raising awareness). Split your word count approximately equally between each of the 5 sections. Include illustrations to…This is not a WRITING ASSIGNMENT • Generate a UNIQUE BUSINESS IDEA using one of the methods/ tools in business idea generation discussed in the given image. After coming up with a final business idea, conduct an ENVIRONMENTAL SCANNING using the following techniques: 1.SWOT Analysis 2.PESTLE Analysisb) Prepare a reflective piece on the innovation process you used Your Reflection (Approx. 1000 words) B.1. Introduce this reflective piece (~100 words) B.2. Main Body Evaluate the efficacy of the references (e.g. Academic and non-academic sources, personal communications, etc.) you used to help you develop your idea. (~250 words) Explore how your understanding of innovation changed and what you learned from this experience. (~250 words) B.3. Offer a conclusion to this reflective piece (e.g. benefits and limitations of the experience, what you might have done differently to make this a more effective learning experience, your thoughts in general). (~150 words)
- CHOOSE THE CORRECT ANSWER, NO FURTHER EXPLANATION IS NEEDED 1. In the process of the creation of a startup project, validation means that: A)You have to ask questions about your hypothesis and look for people you assume to have problems your solution can address B)You have to analyse all the processes underlying your startup C) You have to predict how your stakeholders will react to your advertising 2. The principles of a business are: A)The driving forces that make it successful B)The basic hypothesis to be tested C)The goals that need to be reachedPropose a business analytics, data science or AI initiative for a target organization: 1)Describe the organization and its current situation to provide the context for your proposal. You may have identified a problem or simply an opportunity for improvement in the organization. - provide the specifics of the small company you have in mind. What they do? What is the business model? 2)what are the business objectives of your proposal. an example could be stated that the key business objective is to improve the customer experience by getting their inquiries addressed on timely basis-Example: market segmentation and evaluation of personnel productivity as target areas. Or something with the customer experience. Decide what is your target process. 3)indicate what would be the success criteria to assess the outcomes of your proposed initiative. In the current example, we could state that the success criteria would be to ensure that at least 90% of all emails are replied within 24…Overview Instructions Here in this scenario, we are considering DFA for the idea(opinion) like a speaking partner organization. Considering the organization that is a language converter , Overview A SWOT analysis is a planning tool used to analyze the strengths, weaknesses, opportunities, and threats involved in a project or business. In this activity, you will be creating a SWOT analysis for your innovation. Consider the following as you create your SWOT analysis. The first step to a SWOT analysis is identifying strengths. You can identify strengths by answering questions similar to the following: What is your innovation really good at? What does it offer people that other products or services can’t or don’t? Is it easy to produce? Is it inexpensive? What is it that draws customers to the product or service? The second step is assessing the weaknesses of your innovation. What are some things that your innovation is not very good at, that other products or services do much better? Is…
- 3. Due to the environment and the needs of the customers are constantly changing, anentrepreneur needs to be able to improve different areas of their business to solveemerging problems and to keep creating new value for the customers. Knowing thetypes of innovations is essential to the business. a) Briefly explain the concept of incremental innovation.b) Describe any THREE (3) benefits of incremental innovation.Chapter 10 in your eText discusses Kotter's (2007) eight-step change model. Which of these steps do you think is the most challenging? Which is most important? Give specific examples of how an organization either effectively navigated all 8 steps or alternatively, missed one of the steps and it led to change resistance or ineffective change.If innovators have followed the biodesign innovation process, most of the required research and analysis to support the pitch has already been completed True False
- We have been given a cyber ethical situation to analyze, but I can't figure out the specific words they call these issues... collusion? Hiding of fees? Poorly stated information? Deception? Manipulation? Here is the situation: The change request Stewart received was simple enough: replace the website’s rounded rectangle buttons with arrows and adjust the color palette to one that mixes red and green text. But when Steward looked at the prototype, he found it confusing. The left arrow suggested that the website would go back to a previous page or cancel some action; instead, this arrow replaced the button for accepting the company’s default product. The right arrow, on the other hand, upgraded the user to the more expensive category; it also silently added a protection warranty without asking for confirmation. Stewart suggested to his manager that this confusing design would probably trick users into more expensive options that they didn’t want. The response was that these were the…Promising new product ideas should be identified and impractical ones eliminated in the this stage, allowing maximum use of the company's resources. Select one: a. Idea Stage b. Product Development Stage c. Concept Stage d. Test Marketing Stage Finally, these are very important in decision to form a company. An area with an entrepreneurial pool and a meeting place where entrepreneurs and potential entrepreneurs can discuss ideas, problems, and solutions spawns more new companies than an area where these are not available. Select one: a. Family b. Peers c. Cultural/subcultural d. Teachers Which of the following proactive strategies pushes your product into the take-off stage? Select one: a. Increasing the price range of your product b. Developing a marketing message c. Leaving the features of your product as is d. Getting the testimonials from future customersSubject - Project management, Technology, and innovation management Disruption Innovation/ Best Customers - Presentation Zen describes how going slow might help see the bigger picture. It also talks about going analog. Question - Describe why listening to your best customers can cause a disruption in innovation? What are some ways you might avoid similar circumstances in developing a new S-curve for MESS? Identify specific examples and explain your reasoning.