Business Driven Technology
7th Edition
ISBN: 9781259567322
Author: Paige Baltzan Instructor
Publisher: McGraw-Hill Education
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Chapter 2, Problem 3MBD
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Michael Porter:
- Michael Eugene Porter is an economist, researcher, author, advisor, speaker, and teacher.
- His research is widely being recognized in governments, corporations, NGOs, and academic circles around the globe.
- He has received numerous awards, and he is the most cited scholar today in economics and business. He has even achieved remarkable acceptance by practitioners across multiple fields.
- He has brought economic theory and strategy concepts to bear on many of the most challenging problems facing corporations, economies and societies which include market competition, economic development, the environment, and healthcare.
- He is an author of 18 books and many articles which include Competitive strategy, On Competition, etc...
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1. Pick a business icon or an entrepreneur that relates most to your personality. List at least five (5) short-term and five (5) long-term entrepreneurial goals you wish to achieve.
Write a summary of the elements that influence the business climate and the issues that American companies will face in the future.
Identify a potential business opportunity in your area/region/country of residence you are interested in pursuing. Based on your selected business, provide answers for the following questions:
What are your reasons for selecting this potential business?
What social or environmental problems will your business idea solve and how?
How do you intend to find money to finance this business?
In what ways do you see yourself being totally dedicated to the success of your proposed business? What does dedication mean for the entrepreneur?
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Business Driven Technology
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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, computer-science and related others by exploring similar questions and additional content below.Similar questions
- Explain your most crucial traits based on your successful business presentation.arrow_forwardWatch a film on how Google, Apple, or Walmart treats its employees and customers. (Netflix offers numerous business documentaries, and your school's library or Internet may have others.) How do they handle HR? How are consumers and suppliers treated? Are individuals treated differently in various countries or positions? What are their perks? Which advantages matter most to you and why? Write a one- or two-page summary and credit your sources.arrow_forwardA business student has to be educated on the importance of innovation management. Please list the top three (3) challenges you faced when you initially launched your business.arrow_forward
- Consider applying for a new employment with a different business. What do you want your potential employer to know about you? What role does your Strengths Test play in highlighting your potential inside that company? Please provide examples to support your answer.arrow_forwardWhat exactly is the culture of a firm, and why is it so important to the overall success of the business? Please provide an example of the culture of a firm for which you have previously worked.arrow_forwardThe five characteristics and factors that influence an entrepreneur's success should be explored.arrow_forward
- Discuss any 5 characteristics and success factors of entrepreneurs, with focus on why each is important.arrow_forwardExamine the possibility of obtaining employment with a new company. What information would you want your employer to know about you if you were hired? When you take the Strengths Test, how does it highlight your potential inside that company? Describe your answer with specific examples if possible.arrow_forwardCollect information on the business climate and the challenges that American companies will encounter in the future.arrow_forward
- What do you mean by technology? Define computer applications to business? How computer applications help the business to prosper? Add pictures where needed with proper caption.arrow_forwardWould you continue to work for a company if you disagreed with the firm’s mission statement? Why or why not?arrow_forwardWhat exactly is a company's culture, and why is it so important to the business's success? Give an example of the corporate culture at a business where you've previously worked.arrow_forward
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