Is the allotment of resources optimal

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Question:

1. Allot resources to optimally pursue new opportunities

2. Allot resources to successfully grasp existing opportunities

Challenges face established firms in regards to innovative technology. Three challenges include 1) working on existing opportunities; 2) pursuing future opportunities; and 3) optimally balancing the firm's resources to work on the existing while pursing the future opportunities.

Guiding Questions to Consider Prior to the Discussion

1. How does your firm allot resources to grasp existing opportunities?

2. How does your firm allot resources to pursue future opportunities?

3. Is the allotment of resources optimal?

Read Conclusion: "Innovation Challenges in Established Firms".

In light of the questions posed under "Guiding Questions", describe how your firm allots and distributes resources for innovative technology opportunities. Link their actions to corporate strategy and corporate planning.

Post your response (250-300 word minimum) to the Discussion Board.

Verified Expert

The paper is about the challenges faced by the established firm dealing with the innovative technology. The author here said that the business must always stand in a position to sustain the technological changes in a positive way. The company should focus on handling the current opportunities and also pursuing the future one. The paper is prepared in the Microsoft office.

Reference no: EM131302637

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Reviews

inf1302637

12/12/2016 8:01:52 AM

I am so grateful for your assistance. i welcome it, and the paper is awesome. I can't thank you enough and for being ahead of schedule as both aren't expected til one month from now. much obliged

inf1302637

12/12/2016 7:10:35 AM

M8D1: Challenges Facing Established Firms Hi could you please, answer each question separately not like an essay. and also Could you please define how my company specifically deals with these issues as defined in the questions. please make sure to remind your professional know to answer each question separately not like an essay and also to define how is my company specifically deals with these issues as defined in the questions and also references as well.

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