Failing to monitor the environment has led to the down fall of many companies. CEOs must now
be able to not only make the right decisions today but also look out and see the trends that will affect
them in the future. Blockbuster is a great example
International expansion risks is an important part of expanding a company to other countries
successfully. Basically broken down into four categories currency risks, management risks, political risk
and economic risks. These four things
Application log 4
Incremental and radical innovation is important in any industry. The difference between them is
important ad radical innovations usually tend to require more money and more commitment of
resources. We will look at 2 companie
Ch1: Ethics Question #2 - page 30
Yes, when executives do not follow the vision statement it could result in ethical issues. Its important to
differentiate that it is not the actually act of not following a vision statement that makes it unethical. Ill
CH 3 # 4
The value creating activities that PSC offers are very similar to our competitors. Things such as student
outings, sports, an education, tutoring, library, school merchandise, student government organizations,
clubs, charitable events and multipl
Pg 241 #2
Factor endowments: a countries position in the factors of production.
Demand conditions: the nature of the home markets demand for that product or service.
Related and supporting industries: the prescience or absence of a nations supplier indust
1. A balanced scorecard is a method of evaluating a firms performance using performance
measures from the customers internal, innovation, and learning and financial perspective.
Which basically means these four components or perspectives as its called in
Ch 5 - Application Questions Exercise #2 - page 173
There is vape shop down the road from my house called Mystic Vapor (MV). They offer custom juices
and a wide variety of electronic cigarette tanks, accessories and batteries called mods. The overall tren
1. What is meant by the concept of a continuum of radical and incremental innovations?
The continuum is like a scale as to where the innovation is closer to. In other words if the 2 endpoints
were the invention of the internet and the introduction of purp