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Using relevant concepts and theories from the course, analyse the evolution of the innovation from its pre-infancy to some well-argued likely next-decade state. Your analysis should, at minimum, consider the coevolving influence of the consumer, industry (supplier and competitor), financial and institutional environments that supported or countervailed against the innovation's progress along its lifecycle trajectory. Your analysis should clearly dissect and explain the role of the entrepreneurial function in manipulating, leveraging and overcoming relevant aspects of these conditions during the innovation's (disruptive) installation in the economy.
a) What is the difference between the law of diminishing marginal returns and dis-economies of scale?
Do you agree with making corporate social responsibility an indicator of financial success for organizations?
Echo Corporation manufactures high-quality audio components, such as speakers, amplifiers, and receivers, for home entertainment systems. Echo has been losing market share in recent years due to the competitive pricing of other audio component manufa..
Illustrate what role does each marketplace structure play in the economy.
The Market Potential Index (MPI) is a yearly study conducted by the Michigan State University Center for International Business Education and Research
What are some ethical dilemmas health insurance companies face? how do they overcome them and are justifications provided by insurance companies understood the same way by patients?
What is the process by which a recessionary gap closes itself? Explain. Why might this self-correcting mechanism work slowly in the face of a recessionary gap?
Linus has the utility function U(x1, x2) = x1 + 2x2. If the price of good 1 is $1 and the price of good 2 is 50 cents then Linus must consume equal amounts of both goods in order to maximize his utility.
Suppose a ?rm’s produces computers and its associated costs are only function of the numbers of computers its produces. The cost function is given by C(y) = y3−8y2+32y. Find the long run market price that prevails if this ?rm is operating in a perfec..
You are risk-neutral and care only about the expectation final value of the house minus payment to the contractor, w. That is, your expected utility is uY
Explain Why the jehadies and ISIS are targeting and destroying cultural and historical landmarks?
If the marginal cost of planting and harvesting an acre is $7000 per acre for each of the five acres, how many acres should the farmer plant and harvest.
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