...1. | Question : | (TCO A) Which of the following is most clearly an example of process innovation? | | | Student Answer: | | a pizza chain is able to develop a method of baking pizza that enables pizzas to be baked in 10 minutes rather than the standard 20 minutes during the late 1980s | | | | a potato chip company introduces a line of its potato chips with a new type of seasoning. | | | | a major motion picture studio releases a new 3D movie. | | | | a tire manufacturer develops a tire that re-inflates itself instantly when it is punctured | | Instructor Explanation: | Chapter 3 | | | | Points Received: | 4 of 4 | | Comments: | | | | Question 2. | Question : | (TCO A) Which of the following is true about technology trajectories? | | | Student Answer: | | a technology is always replaced by a new technology after its trajectory has flattened (i.e., it has reached its performance limits) | | | | most technology s-curves last about twenty years | | | | some technologies have steeper s-curves than others | | | | a technology s progress along the s-curve cannot be sped up or slowed down | | Instructor Explanation: | Chapter 3 | | | | Points Received: | 4 of 4 | | Comments: | | | | Question 3. | Question : | (TCO B) When both Nintendo and Sega claimed to have over 60 percent market share of the video game console market, both were trying to influence _____________. | | | Student Answer: |...
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...Introduction Innovation is a key factor in industry growth. Innovators can dominate competitors and new markets. In the article “Blue Ocean or Fast Second Innovation? A Four Breakthrough Model to Explain Successful Market Domination”, Buisson and Siberzahn (2010) highlight how the theories of the first mover and fast second are recognized as the primary approaches to achieving innovation and domination in the market space. Buisson and Siberzahn (2010), insist that neither of these two theories can fully account for market domination and offer research and a comprehensive literature review that to suggest and explain the assertion that market domination is achieved by using four types of breakthroughs either concurrently or separately. The intent of this paper is to describe and highlight the shortcomings of the first mover and fast second theories as described by Buisson and Siberzahn (2010). Summarize their views of the four breakthroughs, review the literature provided, examine the methodology, and report the key findings of their article. The Problem With The First Mover Approach According to Buisson and Siberzahn (2010), neither first mover nor fast second innovation models can fully explain market domination by a company. The first mover approach is one in which the company enters the market, creates and dominates the new area (Buisson, B. & Siberzahn, P. 2010). Buisson and Siberzahn (2010) note that the first mover approach is on top of mind of business leaders due...
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...| | seniority pay | | | | incentive pay | | | | skill-based pay | | Instructor Explanation: | Textbook pg. 6 | | | | Points Received: | 5 of 5 | | Comments: | | | | 2. | Question : | (TCOs 1, 5) Tuition reimbursement is considered which of the following? | | | Student Answer: | | a legally-required benefit | | | | a protection program | | | | a discretionary benefit | | | | pay for time-not-worked | | Instructor Explanation: | Textbook pg. 11 | | | | Points Received: | 5 of 5 | | Comments: | | | | 3. | Question : | (TCOs 1, 5) Which of the following does NOT lead to experienced meaningfulness of work? | | | Student Answer: | | skill variety | | | | task significance | | | | differentiation | | | | task identity | | Instructor Explanation: | Textbook pg. 4 | | | | Points Received: | 5 of 5 | | Comments: | | | | 4. | Question : | (TCOs 1, 5) Which of the following are the three broad categories of discretionary benefits? | | | Student Answer: | | welfare practices, services, paid time-off | | | | protection programs, paid time-off, services | | | | paid time-off, welfare practices, protection programs | | | | services, protection programs, welfare practices | | Instructor Explanation: | Textbook pg. 7 | | | | Points Received: | 5 of 5 | | Comments: | | | | ...
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...The major objective of this reading assignment was to understand the economic performance of the West through time – to try to investigate the causes of it and gain some valuable insights. The readings focused on how the West might have grown rich, what might have contributed to their growth systems, and the lessons that we can learn from their productivity booms. This is especially important in light of the fact that the Western economy has leap-frogged other nations in terms of productivity and success. The readings tried to suggest an explanation of what might have been the potential causes of the success of the West. Some of the major themes described in the readings dealt with institutions, adaptability, rules (formal as well as informal), gradualness of the economic growth, freedom, autonomy, experimentation, diversity and innovation and competition. In this essay, I will elaborate more on these areas, providing an explanation of how they were an influential force in achieving desirable outcomes. North suggests that understanding the historical evolution of economies is instrumental in our attempt to improve current economies. This is because we can learn some important lessons by studying the successful economies, and we could apply these learnings to improve the struggling economies. Institutions provide a structure that governs human interactions. These institutions contain formal constraints such as rules and laws, informal constraints such as norms of behavior and...
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...management, no more innovation, loss of sales.. SYMPTOMS | EXPLANATIONS | Innovation | A lack of innovation capabilities | Creativity | Employees and managers have not the reflex to be creative and take initiatives | Employee behavior, attitude | There are a lot of employees that are really against any changes | II. Root causes of problem We have to define the root causes of problem. These root causes of problem could be: motivation, “the wrong man in the wrong place”, leadership, injustice, team-work, corporate culture… CAUSES | explanations | Management | Managers doesn’t support enough the creativity, innovation, and the initiatives of their subordinates | Leadership | Not yet transformational CLD program very useful to change the behavior of the top management (so they are able to explain why the company has to change) | Employee performance evaluation | RPC (Relative Performance Clustering) is not compatible with the new organization. * Link to the classification system of employees for merit increase. * Three classifications of the employees (Star performer, World class contributor, unsatisfactory | III. Changes, Objectives HRD strategy: CPI emphasizes people development as one of the important strategies for gaining competitive advantage * In-house training program * SDP = develop quality manager Change in organizational structure: * Manager should behave as facilitators * Favorise creativity and innovation * Manager...
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...the various interactions between the organisation, the customers and the suppliers. The headings that need to be covered in the report are: 1. Describe the product and its key characteristics with relation to the objective and perceived sources of quality explained in the textbook. How to answer the question: Students will need to research and find information about the product in addition to reflecting on the quality explanation from chapter 2 of the textbook. 2. Explain why it is important for organisations to continue innovating this product, how this innovation impacts the supply chain and the type(s) of product innovation categories this product went through during its lifecycle. This will need to be explained in relation to the chapters covered in the textbook. 1 How to answer the question: Students will need to research and explain why it is important to continue innovating this product and how this innovation will impact the supply chain. Students will need to reflect on the explanation from chapter 3 of the textbook to identify the different innovation categories that the product went through during...
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... delivery and flexibility however their impacts on product innovation are less understood due to their potential in facilitating exploration and exploitation. While studies have tried to show the positive impacts of internal integration and external integration on explorative innovations, due to the fact that internal integration and external integration together improve product innovations and exploitative innovations have a positive effect on explorative innovations, there are no comprehensive empirical evidence or theoretical explanation to show or support this argument (Lau et al., 2010). The research presented on this presentation will critically evaluate and explain how internal integration and external integration both individually and together affect product innovation. When separated, the individual effects of internal integration and external integration can be explained by information processing theory and relational view theory. However, for the combined effects of internal integration and external integration, we have to refer to the ambidexterity theory from the field of organizational studies as ambidextrous firms are found to benefit both the exploitation of existing resources as well as the exploration of new resources and they are additionally known to be more relatively innovative. This research will offer three main contributions, the first contribution is to provide new theoretical explanations to both the combined and individual effects of internal integration...
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...Book Report for Sr. MOT Race Against The Machine Author: Erik Brynjolfsson & Andrew McAfee Executive Summary “Race Against the Machine”, is an agglomeration of the mercurial amelioration in technology in the past decade. How this perturbs the inception of new jobs? Why it impinges the need for human labor? And proposition to sustain the race “with” the machines. Key Takeaways * How Technology and Innovation have affected Employment and the Economy * Impact of contemporary technology on wages, employment and economy * The receding need for human work force as technology exceeds its threshold * Divergence between skills of labor, superstars, capital and labor. * How to change track from racing against the machine, than to race with the machines Key Definitions * Complimentary Innovation: Innovations that are triggered with the development of antecedent innovations. * Skilled Based Innovation Change (SBTC): shift in the production technology that favors skilled over unskilled labor by increasing its relative productivity and, therefore, its relative demand. (Easley, 2008) * Customer Relationship Management (CRM): is a widely implemented model for managing a company’s integration with customers, clients, and sales Prospects. (Wikipedia , 2012) * General Purpose Technology (GPT): Are technologies are that can affect an entire economy, at a national or global level. (Wikipedia, 2012) * Enterprise Resource Planning (ERP): systems...
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...THEORIES IN MARKETING STRATEGY[1] In general, there are three aspects to the strategy of firms, regardless of the level of the strategy: content, formulation process, and implementation. Strategy content (what the strategy is) refers to the specific relationships, offerings, timing, and pattern of resource deployment planned by a business in its quest for competitive advantage (e.g., generic strategy of cost leadership versus differentiation; push versus pull strategy). Strategy formulation process (how the strategy is arrived at) refers to the activities that a business engages in for determining the strategy content (e.g., market opportunity analysis, competitor analysis, decision-making styles). Strategy implementation (how the strategy is carried out) refers to the actions initiated within the organization and in its relationships with external constituencies to realize the strategy (e.g., organization structure, coordination mechanisms, control systems). The body of marketing literature termed as strategic market planning primarily focuses on the content of strategy and process of strategy formulation at the business unit level and the corporate level, and the role of marketing in these spheres of organizational activity. Firms initiate strategic actions to achieve competitive advantage. However, these actions are shaped, and their outcomes influenced, by the external environment and internal environment of the firms. Institutional theory suggests that the actions...
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...publishers used __________ to save the industry. | | | Student Answer: | | advertising | | | | sales promotion | | | | publicity | | | | marketing research | | | | tactical support | | Instructor Explanation: | Page 199 – 200 The Canadian publishers could use marketing research to identify and define both marketing problems and opportunities and to generate and improve marketing action. | | | | Points Received: | 3 of 3 | | Comments: | | | | 2. | Question : | (TCO 1) A conscious choice made from among two or more alternatives is called a | | | Student Answer: | | dilemma | | | | quandary | | | | decision | | | | paradox | | | | predicament | | Instructor Explanation: | Page 200 Key term definition decision | | | | Points Received: | 3 of 3 | | Comments: | | | | 3. | Question : | (TCO 1) During the marketing research process, __________ are the specific, measurable goals the decision maker seeks to achieve in conducting the marketing research. | | | Student Answer: | | measures of success | | | | research objectives | | | | marketing research plans | | | | decisions | | | | definitions | | Instructor Explanation: | Page 201 Research objectives are specific, measurable goals the decision maker seeks to...
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...According to the text, productive behavior is defined as employee behavior that contributes positively to the goals and objectives of the organization. Productive behavior has three common forms which are job performance, organizational citizenship behavior (OCB) and innovation. Job performance can be based the four difference aspect, effectiveness, which is an evaluation of the results of an employee’s job performance. Productivity, which is the cost of achieving a given level of performance or effectiveness. Efficiency is the level of performance that can be achieved in a given period of time and utility is the value of the given level. Organization citizenship behavior is the second form of productive behavior and it refers to the behaviors that are not part of employees’ formal job descriptions. There are three explanations why employees engage in OCB. The first is primary determinant is positive affect in the form of job satisfaction. The second deals with the cognitive evaluations of the fairness of employees’ treatment by an organization. The third and final explanation is due to disposition meaning that certain personality traits predispose individuals to engage in OCB. The last common form is innovation. Innovation is when employees’ comes up with cost saving ideas that will help the company grow. Counterproductive behavior is behavior that explicitly runs counter to the goals of an organization. The forms of counterproductive work behavior with the most empirical examination...
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...TERM REPORT By: Sadia Shahid 16009 Arbia Humayun 15695 Anosha Qamar 15899 Saad Nazir 15707 Umer Khalid 16444 Tabish Idris 16019 ORGANIZATIONAL BEHAVIOR Submitted to Miss. SHAGUFTA RAFIF “EMPLOYEE MOTIVATION AT JUBILEE LIFE INSURANCE” ACKNOWLEDGEMENT: I am utilizing this chance to express my appreciation to everybody who upheld me all through the course of this ORGANIZATIONAL BEHAVIOR venture. We are highly indebted to JUBILEE LIFE INSURANCE would like to express our gratitude towards members of JUBILEE LIFE INSURANCE MR. HASHAM FAROOQ (MANAGER SALES DEPARTMENT) for their kind co-operation and persuasion. I am appreciative for our faculty Ms. SHAGUFTA RAFIF for their guidance and constant supervision as well as for providing necessary information regarding the project & also for their support in completing the project. I am truly thankful to them for offering their truthful and lighting up perspectives on various issues identified with the project. I express my warm thanks and appreciations also go to our colleagues in...
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... delivery and flexibility however their impacts on product innovation are less understood due to their potential in facilitating exploration and exploitation. While studies have tried to show the positive impacts of internal integration and external integration on explorative innovations, due to the fact that internal integration and external integration together improve product innovations and exploitative innovations have a positive effect on explorative innovations, there are no comprehensive empirical evidence or theoretical explanation to show or support this argument (Lau et al., 2010). The research presented on this presentation will critically evaluate and explain how internal integration and external integration both individually and together affect product innovation. When separated, the individual effects of internal integration and external integration can be explained by information processing theory and relational view theory. However, for the combined effects of internal integration and external integration, we have to refer to the ambidexterity theory from the field of organizational studies as ambidextrous firms are found to benefit both the exploitation of existing resources as well as the exploration of new resources and they are additionally known to be more relatively innovative. This research will offer three main contributions, the first contribution is to provide new theoretical explanations to both the combined and individual effects of internal integration...
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...Opportunities: The organizations will be able to provide new products and services for its customers Explanation: A diverse workforce can provide a larger pool of ideas and experiences that is of greater creativity and innovation. From that pool, the organization will be able to meet its business strategy needs and the customer’s needs and expectations effectively. If they met the customer’s needs effectively then, it will increase the organization’s profit Manage recruiting and retaining better people Explanation: The organization that embraces diversity will be able to recruit more employees since applicants will be attracted to a company where they feel welcomed and valued. With this, they have a better image. Companies with solid reputations are also good corporate citizens, which can improve an organization’s standing in the business world. Educational and cultural diversity can provide a wider service range Explanation: A company will be able to provide service to customers on a global basis because it has a diverse collection of skills and experiences. (e.g. languages, cultural understanding) They can expand their markets because of this. If the diversity in the company is properly managed, it will secure better interpersonal communication between its people; hence, productivity is higher. Explanation: Better interpersonal communication between its people will encourage employees to perform to their highest ability since all of them are treated equal and fairly...
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...Financial Management Financial Management June 4, 2012 Brenda A. Pitts Professor: Dr. Andrea Banto Abstract The following research is a look at Google, a leader in internet information searching, and its comparison to another big name in Internet technology, Microsoft, which launched Bing. The contents will provide a comparison and contrast of each company’s business model and financial management including an explanation of their financial ratio analysis, which will include a comparison and identification of both company’s most recent annual report with six specific financial ratios and of three (3) primary financial-based guidelines that should be used when selecting one of these two companies to invest in. This report will, also, give an explanation of what the profitability ratios can tell about Google and Microsoft’s performance and how that information would influence investing decisions. Financial Management What are the calculation / identification of Google and Microsoft’s most recent annual report for the six (6) financial ratios listed below? Liquidity Measurement Ratio (Current Ratio) Starting with the liquidity measurement ratio, which is also know as the current ratio, shows how each company is able to take its short-term assets and pay off its short-term liabilities. Short-term assets are classified as cash, marketable securities, accounts receivable, and inventory. Short-term debts consist of...
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