Business

Define and explain the importance of dynamic capabilities. Example of answer– Dynamic capabilities are important because they allow companies to keep their competitive advantages and grow through continuous improvement. Even though they may hold a resource that others don’t have at the beginning if left mismanaged it can depreciate like all other assets. 3) Define […]

Define and explain the importance of the VRIN model. Example of answer– The VRIN model stands for how Valuable, Rare, Inimitable, and non-substitutable a competitive advantage is. This model is important because it helps determine what your competitive advantage is and how sustainable it is. How valuable a resource is and how relevant this resource,

 Week 6 Introduction: mini-Business Plan Section 1 This week, your material will be graded by your Professor. This will be a preliminary grade with a final grade being given for the entire project at the end. This week, you will consider the problem you are proposing to solve, and the type of product or service that

Pricing of your product as compared to competitors and begin to build some financials, using the tables in the mini-Business Plan This week you’ll have to take the pricing of your product as compared to competitors and begin to build some financials, using the tables in the mini-Business Plan. This week complete Section 4 Financial Plan. You

What are some key tools that can be used to create simulation models? Simulation models’ purpose is to solve business problems. Simulations are a safe and efficient way to solve real-world issues. Understand the concepts and answer the following: 1. What are some key tools that can be used to create simulation models? 2. What

What is the purpose of data analytics in business? Students will choose a public company and then culminate their knowledge of business analytics into one final corporate financial decision document. Based on the research conducted, students will conclude the paper with a reflective analysis of which approach to financial decisions they would select and why,

Ways to Ruin a Presentation creating a tool. It ulustrated his point far better than anything he could have said. Used well, video can be very effec- tive, but there are common mistakes that should be avoided. A dip needs to be short—if it’s more than 60 seconds, you risk losing people. Don’t use videos—par-

Report Literal, Informational, Factual, Exhaustive Most presentations lie somewhere on the continuum between a report and a story. A report is data-rich, exhaustive, and informa- tive—but not very engaging. Stories help a speaker connect with an audience, but listeners often want facts and information, too. Great presenters layer story and information like a cake, and

How to Give a Killer Presentation Lessons from TED by Chris Anderson r\ little more than a year ago, / L J \ on a trip to Nairobi, Kenya, u usome colleagues and I met a 12-year-old Masai boy named Richard Turere, who told us a fascinatüig story. His family relises livestock on the edge

Return on Investment (ROI)Return on investment is a popular and potentially important metric allowing for the comparison of disparate investments. A critical requirement for calculating ROI is knowing the net profit generated by a specific investment decision. According to the authors, there is confusion within management over the use of ROI. However, as ROI is