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What is Innovation and Why is it Important? Innovation can be viewed as the application of better solutions that meet new requirements, unarticulated needs, or existing market needs. It is making decisions that change the status quo. Innovation means doing something new, different, smarter or better that will make a positive difference. . Innovation can be categorized as incremental, semi radical, radical and disruptive. The term disruptive innovation was defined and analyzed by Clayton M. Christensen beginning in 1995. You will explore this type of innovation further in week 3. One statement that explains the importance of innovation was made by James M. Kilts, former CEO of Gillette, “You need to encourage risk taking. One of the themes in our company is to remember that the opposite of success is not failure, but inertia.” And A. G. Laffey, CEO of P&G said that “innovation is a prerequisite for sustained growth. Review the resources listed in the Books and Resources area below to prepare for this week’s assignment(s).
What is the relationship between intelligence and job satisfaction? Use facts and studies to support your position. (DuBrin Book, Edition 4e)
Discuss the basics of Just-in-Time using an example from the industry. Further, justify whether Just-in-Time is an inventory control policy or a process improvement methodology. Also, examine if it can be both.
Please describe the process by which you were socialized into your organization. The organization can be your place of employment, or some other entity such as a church, a club, or an association. anticipatory socialization; 2) accommodation; and 3) ..
Social media marketing depends on involvement and word-of-mouth. However, there are risks when using social media marketing. Discuss the pros and cons of using social media such as LinkedIn, Facebook, and online blogs as part of an integrated marketi..
What is a differentiation strategy? How is it connected to market share gain? Profits? Competitive advantage? What are typical characteristics of a differentiation strategy? What are the challenges or potential disadvantages of this strategic initiat..
explain how you would respond and what approach you would use to convince the client the marketing plan can be successful.
How would you design a pay-performance system that uses powerful incentives to motivate behavior yet keep behavior from veering into the unethical. How do you ensure ethical behaviour
In your opinion, how should business (es) and or the government deal with or handle plant closings or layoffs? Support your arguments. Please reply with something that makes sense. (Subject; LABOR MANAGEMENT RELATIONS)
Tammy was just alerted that her new project team is part of the new matrix structure the company she works for has started to roll out. Tammy is a little uncertain about what this new matrix structure will mean for her, as she will likely now have tw..
John Howard was shaking his head as he left the meeting with his boss, Joe French. Joe was right; the new technical manual was simply not up to the company's standards. Yes, he had told Joe that there were three new people in the test group, but that..
Explain why the passenger tire company might choose a product line like windshield wipers to expand its product offerings (as opposed to making steering wheels, opening a bank, or starting a clothing line). Perform a SWOT analysis of the company's ..
Do strategic alliances outperform ordinary distribution channels? What is the evidence that they are successful? To what extent can strategic alliances strengthen sustainable competitive advantage? Should Afterschool Depot work to develop strategic a..
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