being driven out by new disruptive technology • Highly imitable – startups and new entrants can copy • Organic Growth tends to push sustaining technologies upward relative to performance demanded by low end of market Reactions from Competitors • Copy-cats Organic Growth likely to drive technology improvement Companies must continually look for ways to take advantage of the opportunity they’re creating, or be vulnerable to resulting disruptive technologies. Options for Square:
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oceans”; uncontested spaces within the competitive market where companies have greatest potential for profit, growth, and market share. Organizations often find “blue oceans” by leveraging disruptive technologies that change the rules of the game within the competitive environment. In presenting a strategic disruptive innovation, I will use the example of Meru Cabs Private Limited (Meru), India’s first radio-cab service introduced in April 2007. Meru has a an interesting history in the context of competitive
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Summary of “Disruptive Technologies: Catching the Wave” (by Joseph L. Bower and Clayton M. Christensen) by Maria Teplykh and Tatyana Mikhailova There is quite a common pattern following which many well established leading companies failed. Established companies tries to satisfy today customer needs and usually missed to develop the technology, that customer will need in future. The main reason of it is that leading companies stay close to their customers and their needs. There are two kinds of
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Chapter 5 Review Questions 1. Describe systems analysis and the major activities that occur during this phase of the systems development life cycle. During systems analysis, you determine how the current information system functions and assess what users would like to see in a new system. Requirements determination, requirements structuring, and alternative generation and selection are the three primary systems analysis activities. 2. What are some useful character traits for an analyst
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BUSINESS 111 FALL 2011 NON-BBA FINAL EXAM REVIEW GUIDE Final Exam Date: FRIDAY, DECEMBER 9TH, 2011 Exam Time for WLU Students: 7:00 p.m. – 9:30 p.m. Exam Time for UW Students: 7:30 p.m. – 10:00 p.m. Writing Locations posted at https://www.wlu.ca/~mibrahim/exams/FALL2011/BUSINESS.html Important Notice: If a student cannot write a business or economics final exam as scheduled, they must submit a "Petition for Exception to Academic Regulations" form to Ms Lee Leeman, Student and
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online movie rental service. In the beginning of 2007, Netflix surpassed 6.3 million subscribers. With a catalog that includes more than 100,000 titles, Netflix is leading the movie rental market. Netflix’s subscription-based business model was a disruptive innovation in the movie rental business. By using the internet, Netflix focused on providing convenient and affordable prices for an entertainment industry that was already highly popular. Based on a product that consumers already loved, Netflix’s
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TUTORIAL-4 1. How has Amazon used technology to revamp the bookselling industry? Amazon uses technology envelop in search engine of a website. The company captures comments and recommendations of buyers for site visitors to read and also recommends which book to buy. The website captures all the information of the customer such as what pages they are looking at, how much time they spend on site, no of visitors etc. This information is used by the company to evaluate buying and selling patterns
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Reaction Paper 61610387 ENTR Section B The reading deals with a concept called the Innovators dilemma, a paradox of sorts which goes as follows: Successful companies that dominate their industries tend to fail in the face of disruptive innovation. The reading states that innovations are of two types as follows: 1. Sustaining Innovations Sustaining innovations believe in the theory that “The customer is always right”. Sustaining Innovation is practiced by improving upon an existing
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companies that focus on high-end products for profitable customers can be blindsided by “disruptive” innovations from new competitors — innovations that target low-end customers seeking cheaper products. In The Innovator’s Solution, Christensen and co-author Michael Raynor show established companies how to create disruptions rather than being destroyed by them — how to turn innovative ideas into new disruptive products that will lead to long-term profitable growth. By Clayton M. Christensen and Michael
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Introduction Napster was the first, very innovative music technology application that allowed users to download MP3 from the internet and other peers for free, or at a cost. Napster strongly adapted the word sharing and put it their own terms to avoid any copyright infringement but it ended badly on their part. This disruptive technology was leading the market and had over 60 million users by 2001. Although very similar technologies were soon after developed, Napster was still on top and lead
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