Reference no: EM131284283
Assignment: Designing Value-Based Service
As the rate of innovation increases, companies face expanding product/service lines, shorter product and service lifecycles, and more frequent product/service transitions. All of these can bring tremendous value but also pose enormous challenges and risks.
The article "The Art of Managing New Product Transitions" by Erhun, Gonclave, and Hopman (2007) from the readings for this module includes a matrix titled "Product Drivers and Risk Factors," which focuses on Intel, a company that manufactures high-tech products (p. 76). Based on your readings and research, address the following issues:
• Redesign the product risk factor matrix so that the factors are appropriate for a services firm that delivers traditional tax accounting and audit services. For example, among the supply risks, assume that the company relies on individuals with specific knowledge of the tax law in the jurisdictions where its clients operate, be it state, federal, or foreign.
• Now, assume that the firm wants to develop a management consultancy practice. (Alternatively, you may choose to add a legal services line instead.). Create a separate new matrix that summarizes the additional risk factors for this firm launching a management consultancy or legal services line. What additional risk factors are you adding to your matrix?
• Explain how the business risks differ between traditional tax and audit services and management consulting services. In your opinion, what are the three biggest risks the firm faces if it diversifies into the new service line?
• Recommend whether the firm should organically grow into a consultancy service or acquire a third party to achieve new goals. Justify your recommendations.
Develop a 6-8-slide presentation in PowerPoint format. Apply APA standards to citation of sources.
Be sure to include the following in your presentation:
• A title slide
• An agenda slide
• A reference slide
• Headings for each section
• Speaker notes to support the content in each slide.
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Compute the inventory turnover and days inventory on hand
: During 2014, Victoria's Fashion had beginning inventory of $480,000, ending inventory of $560,000, and cost of goods sold of $2,200,000. Compute the inventory turnover and days' inventory on hand. (Round to one decimal place.)
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What tools might organization use to help identify barriers
: What tools might an organization use to help identify barriers? Identify at least three barriers that impede an organization's ability to adopt innovative practices and processes.
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How is hr involved in this process
: Explain how organizations ensure organizational "fit" of an employee.What types of problems are typically encountered by the employee and the employer when an employee doesn't fit the organization's culture?
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What is convergence and how is convergence affecting sony
: Briefly review the key innovations that culminated in the digital revolution. What is the basic technological process that made the revolution possible?
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Explain how business risks differ between traditional tax
: Explain how the business risks differ between traditional tax and audit services and management consulting services. In your opinion, what are the three biggest risks the firm faces if it diversifies into the new service line?
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Growth of an exclusive bakery brand
: "This is the kind of dessert that sparks revolutions. The transformation of a Parisian street food into a dessert fit for Marie Antoinette"-The New York Observer
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Markup as a percentage of selling price
: 1) A retailer of real dry deodorant prices it at $2.00; it costs the retailer $1.40. what is the markup as a percentage of selling price?
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Convert generic headings to talking headings
: ither research each topic or, if your instructor allows, make up information just for the purpose of the exercise.
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Optimal output of monopolist
: How does the presence of the ?xed cost change your answer to the optimal output of this monopolist? Speci?cally, will the ?rm produce output in this market (long run)?
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