The diffusion of innovation stages includes all of the following groups except a. Innovators. b. Laggards. c. Late adopters. d. Early majority. e. Early adopters.
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The diffusion of innovation stages includes all of the following groups except a. Innovators. b. Laggards. c. Late adopters. d. Early majority. e. Early adopters. |
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- 16- Which among is the adopter’s category where customers adopt new ideas before the average person accept the new technology when its benefits are proven and a lot of adoption has taken place? a. Innovators b. Pragmatists c. Skeptical d. Opinion leadersa) 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…Refer to Case Study G (i). Specify four ways in which Simon could share his knowledge and skills with new employees of the Abacus training company. (ii). Give five examples of formal/informal learning opportunities for helping to develop the skills needed for innovation. (iii). dentify three possible ways in which individuals can learn from the experience of others in relation to innovation.
- Watch the Ted Talk, "Building a Culture of Innovation"Links to an external site. by Don Buckley (12:19). Write a summary of what you learned from the video. Include the following: Summarize what you learned from the video in 2–3 paragraphs. Include: What were your 3 biggest takeaways? Write at least one way you will apply one of those takeaways in your professional life. Write 3 educational problems you have noticed within your educational background and be prepared to share them in class.Can any firm beat Amazon in the marketplace? If not, why? If so, how can they best do so?"Creativity and innovation are both necessary to identify gaps in the market. Creativity is the point of origination for innovation; one must be creative to be innovative. Innovation refers to a better way of doing something new that is commercialised in the market. An innovation strategy builds on creativity, invention, and technologies, acting within a value network, to commercialise new products and services effectively for its customers (Dorf and Beyers 2008 cited in Venter, Urban and Rwigema 2018: 63)." With reference to the above statement, critically examine the elements of an attractive innovation strategy in an organisation.Please complete the following. No Plagarism, include references (not internet references). APA formatWrite a 3+ page, double-spaced essay regarding: Mapping the Process of InnovationPick an industry (e.g. groceries, airlines, publishing, etc.) and explain the innovative process that must take place for successful integration of innovation.Recommend how an industry leader should search, select, implement, acquire, execute, launch, and sustain an innovative offering that is appropriate for the chosen industry.What can they learn from the adopting innovation?How can this be used to maintain a competitive edge?Were there any areas within this process that required extra emphasis?
- b) 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)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.What is a discontinuous innovation, dynamically continuous innovation, and continuous innovation, respectively? How would you characterize Uber as an innovation using the aforementioned terms? How is Apple’s Watch characterize in innovation terms? How would you characterize Tide’s laundry detergent pods? Why?
- Create your own frugal innovation Identify the need that mtovated the ideal frugal innovation What problem will your frugal innovation help solve? Draw a basic drawing of what frugal innovation would look likePart One: Indicate whether the following sentences are true or false: levels of innovation can be classified as incremental/radical innovation or sustaining/discontinuous innovation. Incremental /radical innovation focuses on the newness and impact of innovation.a) Prepare a proposal for an innovation (product/service/operational/social) The Innovation (Approx.1,500 words) Approach this as if it were a written “Elevator Pitch”, i.e., you have ~10 minutes to pitch your idea. This means that you need to get the idea across succinctly. You must include the following: A.1. Brief introduction A.2. Discussion of the general Problem/Opportunity being tackled, including stakeholders. A.3. Description of your innovation (i.e., How it works!) A.4. Analysis of the unique selling/value proposition (Uniqueness of your idea compared to the current context) A.5. Description and evaluation of resources needed to make this innovation happen (e.g., equipment, materials, skills, partnerships, etc.) A.6. Explanation of how to engage stakeholders with this innovation (e.g., pre: consultation to refine the innovation, post: raising awareness). A.7. Analysis of the innovation’s financial requirements (e.g., approximate scale of investment/start-up costs,…