Innovation And Competitive Advantage: Changing Environments

Resource: Page 69 of Managing Innovation and Entrepreneurship, Ch. 4

Competitive advantage according to Hisrich and Kearney (2014) requires organizations to engage in six processes to maintain innovation. Organizations like Google™, Amazon, Apple®, Android, Facebook®, Siri®, Virgin Group®, Microsoft®, and eBay® have done this successfully.

Select an organization other than those listed above (Google™, Amazon, Apple®, Android, Facebook®, Siri®, Virgin Group®, Microsoft®, and eBay®) to explore competitive advantage and the six processes to maintain innovation discussed in Hisrich and Kearney (2014).

Write a 700- to 900-word paper in which you analyze how the selected organization is meeting the concepts of Competitive Advantages as outlined in Hisrich and Kearney (2014), on page 69.

Be sure to include information about the following:

(SUBTITLES)

* The organizational leadership philosophy on innovation.

* Activities the organization is actively engaged in to sustain competitive advantage within its industry.

* R&D initiatives the organization is involved in for long-term competitive advantage.

Format your paper consistent with APA guidelines.

Innovation And Competitive Advantage: Changing Environments

Resource: Page 69 of Managing Innovation and Entrepreneurship, Ch. 4

Competitive advantage according to Hisrich and Kearney (2014) requires organizations to engage in six processes to maintain innovation. Organizations like Google™, Amazon, Apple®, Android, Facebook®, Siri®, Virgin Group®, Microsoft®, and eBay® have done this successfully.

Select an organization other than those listed above (Google™, Amazon, Apple®, Android, Facebook®, Siri®, Virgin Group®, Microsoft®, and eBay®) to explore competitive advantage and the six processes to maintain innovation discussed in Hisrich and Kearney (2014).

Write a 700- to 900-word paper in which you analyze how the selected organization is meeting the concepts of Competitive Advantages as outlined in Hisrich and Kearney (2014), on page 69.

Be sure to include information about the following:

(SUBTITLES)

* The organizational leadership philosophy on innovation.

* Activities the organization is actively engaged in to sustain competitive advantage within its industry.

* R&D initiatives the organization is involved in for long-term competitive advantage.

Format your paper consistent with APA guidelines.

Use the Internet or other resources to find at least two articles that describe a business negotiation situation related to two different industry sectors within Fortune 500 companies that employs different negotiation strategies

Write a 1,400- to 1,750-word paper that describes the negotiation strategies used in your selected articles.

Assess how planning impacted the negotiation process in both situations.

Compare the two selected strategies and how they might apply in your work setting.

Format your paper consistent with APA guidelines.

Use the Internet or other resources to find at least two articles that describe a business negotiation situation related to two different industry sectors within Fortune 500 companies that employs different negotiation strategies

Write a 1,400- to 1,750-word paper that describes the negotiation strategies used in your selected articles.

Assess how planning impacted the negotiation process in both situations.

Compare the two selected strategies and how they might apply in your work setting.

Format your paper consistent with APA guidelines.

Determine whether certain contract remedies exist in the following scenario:

 

Forrest Gump is a famous table tennis player. He enters into a contract with Alabama Sports Marketing to advertise the latest ping pong game and to   serve as the computer-generated imagery (CGI) model for the development of the video game. Gump is perfect for this job as there are not many world famous ping pong players who have a following similar to his. The game is set to start development on March 1 and will be completed on July 31, so the game can be released at Thanksgiving—a major video game release period. Both parties have agreed and stipulated to the fact that the game must be completed on time to maximize the profits.

Gump will make 20% of the net proceeds from the sales of the game. In addition, the contract has a liquidated damages clause that indicates that if Gump does not participate in the marketing, does not serve as the CGI model, or breaches the contract in any way, he will owe Alabama Sports Marketing $2 million.

Based on  this fact pattern and the information presented in this unit, answer the following questions in a minimum of 250 words each.

1. One day, Gump gets into an argument with the developer. Gump refuses to perform any work until the problem is solved. In this situation, can Alabama Sports Marketing  seek specific performance of the contract? If yes, why? If no, why not?

2. How would the court determine whether the liquidated damages clause is valid? Is this clause valid? Explain your answers.

Cite any direct quotes or paraphrased material from outside sources. Use APA   format.

Determine whether certain contract remedies exist in the following scenario:

 

Forrest Gump is a famous table tennis player. He enters into a contract with Alabama Sports Marketing to advertise the latest ping pong game and to   serve as the computer-generated imagery (CGI) model for the development of the video game. Gump is perfect for this job as there are not many world famous ping pong players who have a following similar to his. The game is set to start development on March 1 and will be completed on July 31, so the game can be released at Thanksgiving—a major video game release period. Both parties have agreed and stipulated to the fact that the game must be completed on time to maximize the profits.

Gump will make 20% of the net proceeds from the sales of the game. In addition, the contract has a liquidated damages clause that indicates that if Gump does not participate in the marketing, does not serve as the CGI model, or breaches the contract in any way, he will owe Alabama Sports Marketing $2 million.

Based on  this fact pattern and the information presented in this unit, answer the following questions in a minimum of 250 words each.

1. One day, Gump gets into an argument with the developer. Gump refuses to perform any work until the problem is solved. In this situation, can Alabama Sports Marketing  seek specific performance of the contract? If yes, why? If no, why not?

2. How would the court determine whether the liquidated damages clause is valid? Is this clause valid? Explain your answers.

Cite any direct quotes or paraphrased material from outside sources. Use APA   format.

Using the corporation you chose from Assignment 1, examine the industry in which the entity operates. Use any or all of the following resources to conduct research on the company:

Company website

Public filings from the Securities and Exchange Commission EDGAR database (http://www.sec.gov/edgar.shtml)

Other miscellaneous sources. Note: the company’s annual report will often provide insights that other resources may not include.

Write a four to six (4-6) page paper in which you:

Give your opinion on the corporation’s greatest strengths and most significant weaknesses. Choose either a strategy OR tactic the corporation should select to take maximum advantage of its strengths, and the strategy OR tactic the corporation should select to fix its most significant weakness. Justify your choices.

Determine the company’s tangible and intangible resources, core capabilities, and core competencies.

Choose the two (2) segments of the general environment that would rank highest in their influence on the corporation you chose. Assess how these segments affect the corporation you chose and the industry in which it operates.

Choose two (2) forces of competition that you estimate are the most significant for the corporation you chose. Evaluate how well the company has addressed these) forces in the recent past, going back no further than five (5) fiscal years.

With the same two (2) forces in mind, predict what the company might do to improve its ability to address these forces in the near future.

Identify what you consider to be the greatest external threat to this corporation. Discuss how the corporation should address this threat. Justify your explanation.

Identify what you consider to be the greatest opportunity presented to the corporation, and discuss how the corporation should take advantage of this opportunity. Justify your explanation

Use at least three (3) quality references.

Using the corporation you chose from Assignment 1, examine the industry in which the entity operates. Use any or all of the following resources to conduct research on the company:

Company website

Public filings from the Securities and Exchange Commission EDGAR database (http://www.sec.gov/edgar.shtml)

Other miscellaneous sources. Note: the company’s annual report will often provide insights that other resources may not include.

Write a four to six (4-6) page paper in which you:

Give your opinion on the corporation’s greatest strengths and most significant weaknesses. Choose either a strategy OR tactic the corporation should select to take maximum advantage of its strengths, and the strategy OR tactic the corporation should select to fix its most significant weakness. Justify your choices.

Determine the company’s tangible and intangible resources, core capabilities, and core competencies.

Choose the two (2) segments of the general environment that would rank highest in their influence on the corporation you chose. Assess how these segments affect the corporation you chose and the industry in which it operates.

Choose two (2) forces of competition that you estimate are the most significant for the corporation you chose. Evaluate how well the company has addressed these) forces in the recent past, going back no further than five (5) fiscal years.

With the same two (2) forces in mind, predict what the company might do to improve its ability to address these forces in the near future.

Identify what you consider to be the greatest external threat to this corporation. Discuss how the corporation should address this threat. Justify your explanation.

Identify what you consider to be the greatest opportunity presented to the corporation, and discuss how the corporation should take advantage of this opportunity. Justify your explanation

Use at least three (3) quality references.

 

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When using standardized forms for periodic reports, a _____ document would prompt you for the variables first, merging them with the primary document later.

Select one:a. microb. template mergec. template macrod. progress reporte. problem-solving report

Question 3

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In blogs, levels of authority range from _____.

Select one:a. 100–2000b. 0–1000c. 500–2500d. 200–2200e. 1000–3000

Question 4

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Which of the following is a characteristic feature of an online catalog?

Select one:a. It requires a specific keyword to list its holdings.b. It provides non-indexed content.c. It is the best source for primary research.d. It increases a blog’s rating.e. It generates only archaic information.

Question 5

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_____ is an online network of library content and services.

Select one:a. RSSb. Wikipediac. LinkedInd. WorldCate. Kartoo

Question 6

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Which of the following is true about social bookmarking websites?

Select one:a. They are primarily used for blogging.b. They allow users to develop shared vocabularies.c. They are used for primary research and not for secondary research.d. They are invariably the same as listservs.e. They increase users’ blog ratings.

Question 7

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If a user finds it difficult to think of terms to broaden his or her search, he or she must:

Select one:a. eliminate citations with a particular term.b. retrieve citations that contain only the search terms without variations.c. look at the keywords or descriptors of the items that have already been identified.d. refrain from using Boolean operators.e. use the NOT operator.

Question 8

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The difference between before–after and controlled before–after experimental design is that:

Select one:a. the controlled before–after design is meant specifically for primary research.b. the before–after design is meant specifically for primary researc. the controlled before–after design involves not one group, but two.d. the first step involved in the controlled before–after design is the selection of an experimental group.e. the before-after design measures the variables to be tested before the experiment begins. 

Question 9

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Primary research produces new information through the use of _____.

Select one:a. surveysb. periodicalsc. brochuresd. digital publicationse. websites

Question 10

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Which of the following is a source of primary research?

Select one:a. Encyclopediab. Interviewc. Almanacd. Government publicatione. Website

Question 11

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The Boolean operator AND is used to:

Select one:a. eliminate citations.b. add variations to a search.c. expand a search.d. segregate synonymous citations.e. narrow a search.

 

Question 1

Not yet answeredPoints out of 2.50Flag question

Question text

When using standardized forms for periodic reports, a _____ document would prompt you for the variables first, merging them with the primary document later.

Select one:a. microb. template mergec. template macrod. progress reporte. problem-solving report

Question 3

Not yet answeredPoints out of 2.50Flag question

Question text

In blogs, levels of authority range from _____.

Select one:a. 100–2000b. 0–1000c. 500–2500d. 200–2200e. 1000–3000

Question 4

Not yet answeredPoints out of 2.50Flag question

Question text

Which of the following is a characteristic feature of an online catalog?

Select one:a. It requires a specific keyword to list its holdings.b. It provides non-indexed content.c. It is the best source for primary research.d. It increases a blog’s rating.e. It generates only archaic information.

Question 5

Not yet answeredPoints out of 2.50Flag question

Question text

_____ is an online network of library content and services.

Select one:a. RSSb. Wikipediac. LinkedInd. WorldCate. Kartoo

Question 6

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Question text

Which of the following is true about social bookmarking websites?

Select one:a. They are primarily used for blogging.b. They allow users to develop shared vocabularies.c. They are used for primary research and not for secondary research.d. They are invariably the same as listservs.e. They increase users’ blog ratings.

Question 7

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Question text

If a user finds it difficult to think of terms to broaden his or her search, he or she must:

Select one:a. eliminate citations with a particular term.b. retrieve citations that contain only the search terms without variations.c. look at the keywords or descriptors of the items that have already been identified.d. refrain from using Boolean operators.e. use the NOT operator.

Question 8

Not yet answeredPoints out of 2.50Flag question

Question text

The difference between before–after and controlled before–after experimental design is that:

Select one:a. the controlled before–after design is meant specifically for primary research.b. the before–after design is meant specifically for primary researc. the controlled before–after design involves not one group, but two.d. the first step involved in the controlled before–after design is the selection of an experimental group.e. the before-after design measures the variables to be tested before the experiment begins. 

Question 9

Not yet answeredPoints out of 2.50Flag question

Question text

Primary research produces new information through the use of _____.

Select one:a. surveysb. periodicalsc. brochuresd. digital publicationse. websites

Question 10

Not yet answeredPoints out of 2.50Flag question

Question text

Which of the following is a source of primary research?

Select one:a. Encyclopediab. Interviewc. Almanacd. Government publicatione. Website

Question 11

Not yet answeredPoints out of 2.50Flag question

Question text

The Boolean operator AND is used to:

Select one:a. eliminate citations.b. add variations to a search.c. expand a search.d. segregate synonymous citations.e. narrow a search.