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After reading the following vignettes, answer the four questions as clearly as possible. Respond to two other posts from your own perspective. How do you Cultivate and Sustain Risk-Taking as the Company Expands? According to CEO Donahue: "By talking about it. By celebrating failure-cases where we took bold risks and things didn't work out exactly as we imagined, but we recognized that and made adjustments. In 2010, we introduced the largest pricing change in eBay's history in the U.S., to make our marketplace truly balanced between auctions and fixed price. Six or eight weeks in, I knew something wasn't right. There was a second-order dynamic in the marketplace that was depressing it, so over the summer we really drilled down to understand what was going on. That was a period of anxiety, but I had no regrets. It was one of those changes where you either flip the switch and you go for it or you don't do it. We diagnosed the issues, we made adjustments, and we benefited in the fourth quarter. That's a lot of what business is today: the old ‘Ready, fire, aim.' You're better off moving and, if you don't get it exactly right, making an adjustment. That's the only way to compete on the Internet today, because it's moving so fast." Source: Ignatius, A. 2011. How eBay developed a culture of experimentation. Harvard Business Review. 89(3): 96. 1. Does Donahue's reasoning apply only to online businesses? Can you think of other examples? 2. Are there still industries where rapid reaction might not be necessary? What are some examples? What Ethics Really Means "Most of us think we learn about ethics in the normal course of our lives. We learn about it from our parents, hopefully, at an early age. We learn about it from our teachers. We learn about it from religious leaders. And we see ethics in action in the workplace. But I think it's very important that we consider what ethics really means in a broader sense." "Ethics doesn't mean just not doing what is wrong. It doesn't mean just avoiding fraud or lying. Ethics means - more and more - doing the right thing because the right thing works in the long run. Ethics also means doing the right thing even if it's unpopular and difficult in the short run." Source: Syron, R. F. 1999. Ethical imperatives for stock markets in the new millennium. Speech made at Bentley College Center for Business Ethics, February 8. 3. What other sources of ethical beliefs influence actions in the workplace? 4. Is there a conflict when business leaders apply ethical beliefs from outside the workplace to business decisions? Why or why not?
Describe what is meant by excess inertia and explain why this situation is more likely to happen in markets with indirect rather than direct network effects.
Complete a Porter's analysis to Industry analysis on an Improved Business Industry (not the airline industry) using the six forces.
Analyze the application of these management concepts to your place of work; the paper will not simply be a report on the five functions in general. Identify specific examples and explain of how each applies to the functions practiced in your place ..
Explain with two references, journal or newspaper not more than 4 months old - Whole report should contain max 350 words.
Explain how the firm may internally market green and sustainable philosophies.Explain the relationship between sustainable products and consumer demand, and how your proposed products meet demand.Explain advantages and disadvantages of converting to ..
Write an application to simulate distributing furniture from Whole sale center to different stores in Java programin
Marketing researchers do not always go through the steps in the marketing research process in sequential order.- Provide an example of a research project that might not follow this sequence.
Should the Marriott Hotel in Pittsburgh, Pennsylvania, reduce the quality of its towels and bedding in order to improve the profitability of the hotel's operations?"
In Excel, calculate the contribution margin (total contribution) for the ovens. Also calculate how many ovens does your company needs to sell in order to break even. What do these results tell you about moving forward with the oven introdu..
Find a research study that addressed the evaluation
What are the essential differences among nominal ,ordinal, internal and ratio scales. How do these differences affect the statistical analysis techniques we can use?
Prepare marketing plan for Manco Abbott and it should be about 6 pages in length
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