Lack of research and development of virtual reality devices

Assignment Help Operation Management

Reference no: EM131746065

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. Which factors can you raise above competitors and What new factors can you create?

Reference no: EM131746065

Questions Cloud

What part of the fugitive slave act : What part of the Fugitive Slave Act of 1850 could many Northerners interpret as a direct infringement of their First Amendment rights? Quote from the act

What is employment taxes and what is payroll taxes : What is Employment Taxes? and what is payroll Taxes? and what is deferent between them? How much is my standard deduction? What is my filing status?

Experiment with various neural network parameters : F21DL - Data Mining and Machine Learning - Experiment with various Neural Network parameters - Deep Neural Networks have gained popularity

What was the purpose of the neutrality acts : What was the purpose of the Neutrality Acts? Why were they challenging to maintain?

Lack of research and development of virtual reality devices : 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

Define a beginning balance in the retained earnings : assume a beginning balance in the Retained Earnings account of $366,000. Also assume that $345,500 of dividends were declared.

How the use of the lifo method prepared in compliance : How the use of the LIFO method to value its inventories will be impacted if a switch to financial statements prepared in compliance with IFRS will be made.

Compute the degree of operating leverage : Northwood Company manufactures basketballs. Prepare a contribution format income statement. Compute the degree of operating leverage.

Think culture has on the development of strategic plan : What effect do you think culture has on the development of a strategic plan?

User Account

All Pages