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A value curve plots multiple metrics that are important for your target customers (i.e. price, ease of use, speed, accuracy) with the low-high measures for competitors and yourself. By examining the existing and expected competitive offerings, you can analyze which metrics to modify in order to create a new value curve analysis. Virtual reality is still a very small market but that's not stopping many tech companies from investing lots of time and money to bring new VR tech to market. Since the market for the industry is small, there currently is not a need for mass production, which may save a lot of initial manufacturing cost in terms of capital intensity. Virtual reality is a new and emerging market, so the firm concentration is low because there are not that many competitors. The average firm size is also very small because there isn’t enough motivation due to the lack of research and development of virtual reality devices. There have four metrics. 1. Metrics should be easy to understand and use. 2. Metrics should be easily replicated. 3. Metrics should provide useful, actionable information that impacts the business. 4. Packaging. What new factors can you create? Based on the new factors you have discussed, how would you rate the metrics per competitor?
Identify and analyze the major driving forces for change in the external environment of the Harley- Davidson motorcycle industry. Analyze the dynamics of competition using Porter's Five Forces Model of Competition. Correctly assess the dynamics of..
Throughout this course, you have studied leadership models, strategies, concepts, techniques, skills; in fact, the areas studied have been broad and extensive. In a clear, logical, linear manner, discuss which, in your opinion, are the most applicabl..
Ben would like to use an inventory system which minimizes inventory cost also will provide a 95 percent service probability. Illustrate what is economic quantity for Ben to order. At illustrate what inventory level should he place an order.
Why is it difficult to sustain relationships? What are some of the barriers to effective relationships?
A drugstore uses fixed-order cycles for many of the items it stocks.
Drucker, Reich, Friedman and Rifkin's ideas of the future of work will be important in the future job market. Which of these ideas do you agree or disagree with? How do you feel one or more of these concepts will affect your future job opportunities?..
What are mystery shoppers and how can such feedback processes provide useful data? What should managers avoid when employing this feedback technique?
You have just been assigned a training event in your organization. Since the training event will consist of purely adults,
Research the topic below and discuss how the fraud occurred. Assess the effectiveness of the company’s internal controls and recommend accounting information system (AIS) controls that will mitigate the risk of future attacks. Ensure your recommendat..
What are the objectives, inputs, and outputs of an MRP system? Describe the MRP process, including netting, explosion, lot sizing, and time phasing. Discuss several assumptions of MRP and how they are being relaxed with new technology.
Explain the major response types used in supportive listening. Provide the key advantages and disadvantages for each response type.
summary that should focus on the rationale used in determining the legal structure for a business. Be prepared to discuss in class.
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