Two start-up companies have to be selected and compared Find one startup and compare them: - in Europe - in World 1.Name of startup 2. What they do? 3. Why did you choose it? (For example, Like field, great potential, good product, something new)
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Two start-up companies have to be selected and compared
Find one startup and compare them:
- in Europe
1.Name of startup
2. What they do?
3. Why did you choose it? (For example, Like field, great potential, good product, something new)
Step by step
Solved in 4 steps
- (0) Read the following excerpt from the article by Michael Schlossberg, three dramatic board failures to learn from. Considering this excerpt, answer the questions that follow. Blockbuster The former worldwide leader in video rentals found themselves on the wrong side of public opinion thanks to a failure to innovate. Blockbuster was once known throughout the world as a leader in home movie and video game rentals. Before the digital age, their products were the Netflix of the day. The problem? They refused to innovate. Sensing changes in the market — including by a start-up known as Netflix — Blockbuster began to push for a more in-demand market, creating programmes that allowed people to get videos delivered directly to their homes. However, it wasn’t enough: The company failed to properly prepare for the rise of the digital age and never created a product like that of Netflix that streamed movies directly to people’s internet devices. Their most egregious failure? A lack…1. You are required to propose a new mission statement for the organization based on 9 components of mission statement :(1) customers; (2)products and/or services; (3) markets; (4) technology; (5)survival, growth, and profitability; (6) philosophy; (7) selfconcept; (8) public image; and (9) employees. 1.Customers - Who are the firm’s customers? 2.products or services - What are the firm’s major products or services? 3.markets - Geographically, where does the firm compete? 4.technology - Is the firm technologically current? 5.concern for survival/growth/profits - Is the firm committed to growth and financial soundness? 6.philosophy - What are the basic beliefs, values, aspirations, and ethical priorities of the firm? 7.self-concept - What is the firm’s major competitive advantage? 8.concern for public image - Is the firm responsive to social, community, and environmental concerns? 9.concern for employees - Are employees a valuable asset of the firm? 2. Quality of the writing of the…What milestones do you think would have been appropriate for Facebook to establish early on to help evaluate the merits of the venture and to attract outside funding?
- Innovating Green: EcoTech's Journey in Sustainable Energy Solutions In 2021, in the heart of Botswana, a visionary startup named EcoTech embarked on an ambitious journey to transform the energy sector through innovative, sustainable technologies. The founders, a group of young, enthusiastic entrepreneurs, were determined to make a significant impact in the fight against climate change. However, this path was fraught with challenges. Securing investment was the first major hurdle. The skeptical investors were slow to warm up to the concept of green technologies in a market dominated by traditional energy sources. EcoTech needed to find a way to convince them of the viability and profitability of their vision. Regulatory complexities added another layer of difficulty. The existing policies, tailored towards conventional energy sources, created a bureaucratic maze that hindered the quick deployment of EcoTech's solutions. The biggest challenge, perhaps, was altering consumer behavior. The…I need the answers to these questions for the Entrepreneurship and Innovation course.... 7- Technological spillover is a positive externality from R&D resulting from the spread of knowledge across organizational or regional boundaries. a. True b. False 4- Erison Group, an advertising company, wants to hire a creative head. Who among the following would be best suited for this position? a. An individual who completely adheres to the existing logic and paradigms and has extensive knowledge of the field b. An individual who has low tolerance for ambiguity and avoids taking risks c. An individual who has a moderate degree of knowledge of the field but is intrinsically motivated d. An individual who prefers to look at problems in conventional waysDirection: As a future manager in the future given the scenario below how will you be able to solve the problem of shortage and surplus. Answer should contain at least 300 words. 1. Covid 19 is a virus than can affect our immune system. One of the thisthat the IATF encourages people to do to not get the virus is to use facemask as protection and use alcohol to fight germs whenever you areoutside the house. Being an entrepreneur what will you do if you areone of the sellers of this kinds of products such as facemasks, andalcohol whose supply is always out of stock. Will you take theopportunity to raise your price to gain more profit?
- Select one company and discuss the following:1. What are the org culture practices of your chosen company? 2. How is their org culture developed? 3. What are the challenges and opportunities with their culture?Explain the business-level strategies of Estee Lauder. Has this company used any ofthe business strategies we discussed (differentiation, cost leadership, first-mover advantage, or Blue Oceans)?If so, give a thorough explanation. How could they use these strategies to better themselves? Does innovation orentrepreneurship play a role or need to play a role to help move them forward? Explain.1-What is ecopreneurship, AND how does Ecovision play a role? 2-Outline some specific recommendations for entrepreneurs to consider that promote environmental awareness.
- Should Playboy change their name and/or get into a new line of business? Why, or why not?1)How have the current cultural environment of our country shaped the way that companies are looking at their own corporate cultural standards? 2)What are the potential downfalls and positive influences of the “Netflix way”? 3)How does Netflix’s internal culture negatively or positively affect their ability to stay competitive and deliver cutting edge content?Which medtech business strategy— first mover, fast follower, me-too, niche strategy, or distribution strategy—seems most appropriate in the following situations: 1. The competitor has beaten you to market with a technology that you believe you can make better with expanded features 2. All other competitors are trying to address the mass market, but interesting untapped segments remain unaddressed. 3. Although the competition’s technology has some novel features, the depth of your bundled multiple product offerings will make it very difficult for them to penetrate 4. You have limited R&D expertise, but know enough to reverse-engineer well and you believe no strong IP exists to prevent you from entering the market 5. There seems to be no competition in a large field for the product segment. A. Me-too B. Niche strategy C. Distribution strategy D. Fast follower E. First mover