Question.3032 - MGT 380 Midterm: Short Answer & Essay1. Describe the original purpose of the Hawthorne studies and the basic findings. 2. Provide a real-world example (that has already occurred or could occur) of the s-curve pattern of innovation (old technology gives way to new technology). What is typical - in terms of performance - when a new technology is first introduced? 3. How is a disruptive innovation different from a sustaining innovation? Provide an example of each innovation to highlight the differentiation. 4. Consider the following scenario: Due to a series of mergers and buyouts, Big Entertainment Studies Inc. recently obtained rights to 80% of big-name films. Many video streaming services companies are complaining that Big Entertainment's monopolistic control of the movie industry will negatively influence their business models. A primary concern is the proposed increase in streaming fees - assessed by film companies to streaming firms each time a movie is streamed - by 100%. Video streaming giants Netflix and Amazon prime are also concerned that Big Entertainment will restrict content availability in favor of cable companies. If you were an entrepreneur interested in entering the video streaming market, which of Porter's Five Forces would be of primary concern considering the above scenario? Provide detailed rationale. 5. Describe bounded rationality as it relates to managerial decision-making. What is the relationship between bounded rationality and satisficing? 6. Consider the following scenario: Peter, a supply-chain manager at a large computer technology firm, is responsible for procurement of an important part in the top product his company manufactures. The company that won the most recent contract for supplying this critical part has a history of obtaining raw materials from companies with human rights violations. Peter was aware of this, but decided that it wasn't a significant problem for his company since his company nor the supplying company was unethically treating employees or stakeholders. Which ethical breakdown is this an example of? Provide rationale. What would be an effective deterrent of this kind of behavior in the future? 7. Describe shared value, the shareholder perspective and the stakeholder perspective. Which perspective (shareholder or stakeholder) aligns more closely to the idea of shared value? Provide detailed rationale. 8. Identify and describe each of the diversity paradigms from the article, "Making Differences Matter, which are also found in your textbook. Specify which level (surface or deep) of diversity each paradigm focuses on. Describe the "value" created by each of the paradigms (i.e. tell me the advantages to the company of applying a particular policy).
Answer Below:
Describe xxx original xxxxxxx of xxx Hawthorne xxxxxxx and xxx basic xxxxxxxxxxxxxxxxx Experiments xxxx a xxxxxx of xxxxxxxxxxx carried xxx in xxx s xxx early x at xxxxxxx Electric x factory xx Elton xxxx a xxxxxxxxx of xxxxxxxxxx Management xx Harvard xxxxxxxx School xx Hawthorne xxxxxxx The xxxxxxxx purpose xxx to xxxxx the xxxxxxx on xxx productivity xxxxxxx of xxxxxxxx working xxxxxxxxxx Firstly xxx researchers xxxxxxxxx the xxxxx of xxxxxxxxx for x group xx workers xx a xxxxxxxxxx group xxxx which xxx their xxxxxxxxxxxx Group xxx kept xxx same xxxxxxxxx for xxxxxxx group xx workers xxx findings xxx that xxx productivity xx the xxxxxxxxxxxx Group xxxxxxxxx by x significant xxxxx Thereafter xxxxxxx changes xxxx made xx the xxxxxxxxxxxx Group xx different xxxx like xxxxxxx in xxxxxxx hours xxxxxx rest xxxxxx and xxxxx time xxxxx was xxxxxxxxxxx in xxx productivity xxxxxx It xxx very xxxxxxx that xxxxx improvements xxxxx not xx explained xxxx by xxx change xx the xxxxxxx conditions xxxxx it xxx concluded xx the xxxxxxxxxxx that xxxxxxxxxxxx was xxxxxxxx due xx the xxxxxx reason xxxx the xxxxxxx founded xxxx they xxxx being xxxx attention xxx that xxxxxx participation xxx taken xx their xxxxxxxxx Provide x real-world xxxxxxx that xxx already xxxxxxxx or xxxxx occur xx the xxxxxxx pattern xx innovation xxx technology xxxxx way xx new xxxxxxxxxx What xx typical x in xxxxx of xxxxxxxxxxx - xxxx a xxx technology xx first xxxxxxxxxx S-Curve xxxxxxx is xxxxxxxx to xxxxxxxxxxxxx of xxxxxxxxxxx related xx effort xx time xxxx are xxxxxxxxx in xxxxx to xxxxxxxxxx where xxx is xx relation xx this xxxxxx and xxxx to xxxxxxxxx how xxx shall xxxxxxx in xxxxxxxx to xxxxxxxxxx strategy xx shall xxxx assist xx understand xxx present xxxxx and xxx it xxx be xxxxxxx An xxxxxxx of x technology xxxxx has xxxxxxxx this xxxxxx is xxx vacuum xxxx technology xxxx was xxxxxxxxxx by xxx tube x size xxx the xxxxxxxxxxx of xxxxx of xxx heated xxxxxxxx These xxx factors xxxx natural xxxxxxxx to xxxxxxxxxx of xxxxxxxx in x vacuum xxxx These xxxxxxxxxxx could xxx be xxxxxxxx by xxxxxxxxxx engineers xxx arrival xx the xxxxxxxxxx or xxx solid-statetechnology xxxx allowed xxx conduction xx electron xx solid xxxxxxxx changed xxx physical xxxxxxxx of xxxxx and xxxx The xxx technology xxxx cycle xxx started xx transistor xxxxxxxxxx and xxxxxxxx the xxxxxxxxxx of xxxxxx tube xxxxxxxx Initially xxxx a xxx technology xx first xxxxxxxxxx in xxx market xxx adoption xx restricted xx a xxxxx number xx early xxxxxxxx and xxxxx scale xxxxxxx Gradually xxx product xxxxx control xxx grows xx new xxxxxxxxxxxx are xxxxxxxxxx They xxx further xxxxxxxxx with xxx objective xx meeting xxx requirements xx broad xxxxxxx of xxxxxxxxxx users xxxxxx middle xxxxx the xxxxxxx gains xxxxxxxxx in xxx market xxxxx This xxxxxxxxx increases xxxxxxxxxxx and xxxx period xxxxx rapid xxx greatest xxxxxx as xxx technology xxxxxxx At xxx final xxxxx the xxxxxxx saturates xx the xxxxxx How xx a xxxxxxxxxx innovation xxxxxxxxx from x sustaining xxxxxxxxxx Provide xx example xx each xxxxxxxxxx to xxxxxxxxx the xxxxxxxxxxxxxxx A xxxxxxxxxx innovation xxxxxxx high xxx and xxxxxxxxx customers xxxx improved xxxxxxxxxxx than xxxxxx Some xxxxxxxxxx innovations xxx such xxxx it xxxxxxxx on xxxxxx basis xxxxxx are xxxxxxxxxxxx as xxxx as xxxxxx the xxxxxxxx competitive xx nature xx matter xxx difficult xxxxxxxxxxxxx innovation xx the xxxxxxxxxx competitors xxxxxx wins xxx battle xx this xxxxxxxxxx technology xx contrast xxxxxxxxxx innovation xxxx not xxx to xxxxx products xxxxxx than xxxxxx in xxxxx to xxxxxxxxx customers xx the xxxxxxxxxx markets xx contrary xxxx introduce xxxxxxxx and xxxxxxx that xxx not xxxx as xxxxxxxx to xxx present xxxxxxxx Rather xxxx offer xxxxx benefits xxxx low xxxxx more xxxxxxxxxx and xxxxxxx which xxxxxxx to xxx and xxxx demanding xxxxxxxxx The xxxxxxxxxx between xxx two xx essential xxx those xxxxxxxxxx who xxx looking xx create xxx growth xxxxxxxxxx While xxx present xxxxxxx of xxx industry xxxxxx look xxx victory xx the xxxxxxx of xxxxxxxxxx innovation xxxxxxxx the xxxxxxxxx scenario xxx to x series xx mergers xxx buyouts xxx Entertainment xxxxxxx Inc xxxxxxxx obtained xxxxxx to xx big-name xxxxx Many xxxxx streaming xxxxxxxx companies xxx complaining xxxx Big xxxxxxxxxxxxx s xxxxxxxxxxxxxxxxxxx of xxx movie xxxxxxxx will xxxxxxxxxx influence xxxxx business xxxxxx A xxxxxxx concern xx the xxxxxxxx increase xx streaming xxxx - xxxxxxxx by xxxx companies xx streaming xxxxx each xxxx a xxxxx is xxxxxxxx - xx Video xxxxxxxxx giants xxxxxxx and xxxxxx prime xxx also xxxxxxxxx that xxx Entertainment xxxx restrict xxxxxxx availability xx favor xx cable xxxxxxxxx If xxx were xx entrepreneur xxxxxxxxxx in xxxxxxxx the xxxxx streaming xxxxxx which xx Porter x Five xxxxxx would xx of xxxxxxx concern xxxxxxxxxxx the xxxxx scenario xxxxxxx detailed xxxxxxxxx The xxxxxx s xxxx Forces xx an xxxx but xxxxxxxxx structure xx understand xxx positions xx a xxxxxxx and xxx prospects xx the xxxxxxx economy xxx force xxxxxxxx to xxx above xxxx is xxxxxxxxx of xxxxxxx competitive xxxxxxx in xxx given xxxxxxxx Intensity xx Competition xxxx there xxx a xxxxx number xx competitors xx an xxxxxxxx then xxx chances xx getting x return xxxxx is xxxxx average xxxxxxx difficult xxxxx the xxxx number xx competitors xxx eyeing xxx a xxxxxxx sales xxxxxx Existence xx high xxxxxxxxxxx results xx price xxxxxxxxx which xx return xxxxxxx the xxxxxxxxxxxxx Also x monopoly xxxxxxxxxxx may xxxx a xxxxxxxx and xxxxxx the xxxxx setter xx that xx can xxxxxxxx profits xxxxx exist xxxxxxxxx types xx competition xx different xxxxxxxxxx like xxxxxxxx oligopoly xxx competitive xxxxxxxxxx number xx players xx the xxxxx case xxx market xx being xxxxxxxxx by xxx player xxxxx it xx a xxxxxxxx where xxx player xxxxxxxxx and xxxxxxxx the xxxxxx for x given xxxxxxx Different xxxxxxx can xx adopted xx order xx reduce xxx rivalry xxxx as xxxxxxxx competition xx price xxxxxxx differentiation xxxxxxxx overcapacity xx industry xxxxxxxx on xxxxxxxxx segments xxx by xxxxxxxxxxxxx with xxx competitors xxxxxxxx bounded xxxxxxxxxxx as xx relates xx managerial xxxxxxxxxxxxxxx What xx the xxxxxxxxxxxx between xxxxxxx rationality xxx satisficing xxxxxxx rationality xx a xxxxxxxxxx that xxx reasonableness xx individuals xx decision xxxxxx is xxxxxxxxxx to xxx information xxxx are xxxxxx In xxxxx words xxxxxxx individuals xx the xxxxxxxx makers xxxx the xxxxxxxxxx to xxxx a xxxxxxx judgment xxx arrive xx a xxxxxxxx rather xxxx applytheir xxxxxxxx only xxxxx having xxx choices xxxx are xxxxxxxxx which xx greatly xxxxxxxxxx Therefore xxx decision xxxxx can xxxx be xxxx as x satisficer xxx is xxxxxxx for x solution xxxxx is xxxxxxxxxxxx than xxxxx a xxxxxxx one xxxxxxxxxxx is xxx description xx a xxxxxxxxxxxx when xxxxxx make xxxxxxxxx and xxxx to xxxxxxxxx to xxx problem xxxx are xxxx good xxxxxx The xxxxxx do xxx look xxx the xxxx solution xxxxxx resorts xx operate xxxxxx the xxxxxxx rationality xxx term xxxxxxxx was xxxxxx by xxxxxxx Simon xx signify xxx behavior xx people xxx look xxx solution xxxx are xxxx good xxxxxx for xxxxxxxxxx their xxxxxxxx quot xxxxxxxxxxx quot xxx also xx looked xxxx as xxx combination xx quot xxxxxxxxxx quot xxx quot xxxxxxxxxxx quot xxx use xx this xxxxxxxxxxx solution xx satisfies xxxx criteria xxx sacrifices xxxxxx Consider xxx following xxxxxxxx Peter x supply-chain xxxxxxx at x large xxxxxxxx technology xxxx is xxxxxxxxxxx for xxxxxxxxxxx of xx important xxxx in xxx top xxxxxxx his xxxxxxx manufactures xxx company xxxx won xxx most xxxxxx contract xxx supplying xxxx critical xxxx has x history xx obtaining xxx materials xxxx companies xxxx human xxxxxx violations xxxxx was xxxxx of xxxx but xxxxxxx that xx wasn x a xxxxxxxxxxx problem xxx his xxxxxxx since xxx company xxx the xxxxxxxxx company xxx unethically xxxxxxxx employees xx stakeholders xxxxx ethical xxxxxxxxx is xxxx an xxxxxxx of xxxxxxx rationale xxxx would xx an xxxxxxxxx deterrent xx this xxxx of xxxxxxxx in xxx future xxxxxxxxx spend x great xxxxxx of xxxxx time xx well xx money xx instill xxxx code xx ethics xxx conducts xxxxxx training xxx other xxxxxxxxxx programs xxx still xxxxx are xxxxxxxxx behaviours xxxxx continue xx rise xxx ethical xxxxxxxxx can xx due xx reasons xxxx as xxxxxxxxxxxxx goals xxxxxxxxx blindness xxxxxxxx blindness xxx slippery xxxxx and xxxxxxxxxxx outcomes xxx given xxxx comes xxxxx motivated xxxxxxxxx In xxxxxxxxx blindness x person xxxxxxxxx unethical xxxxxxxx by xxxxxxxxx indifference xx it xxxxxxx of xxx own xxxxxxxx IN xxx present xxxxxxx Peter xx aware xx the xxxxxxxxx behavior xx the xxxxxxxxx company xxx ignored xxx same xx he xxxxxxx it xx of xxx much xxxxxxxxxxxx Describe xxxxxx value xxx shareholder xxxxxxxxxxx and xxx stakeholder xxxxxxxxxxx Which xxxxxxxxxxx shareholder xx stakeholder xxxxxx more xxxxxxx to xxx idea xx shared xxxxx Provide xxxxxxxx rationale xxxxxx value xxx be xxxxxxx as xxx operating xxxxxxxxx and xxxxxxxx which xxxxxxx the xxxxxxx s xxxxxxxxxxxxxxx while xx the xxxx time xxxxxxxxx the xxxxxx and xxxxxxxx conditions xx the xxxxxx where xx functions xx focuses xx to xxxxxx and xxxxxxxx the xxxxxxxxxxx between xxx economic xxx social xxxxxxxx Shared xxxxx from xxx perspective xx shareholders xxxx emphasis xx profitability xxxx responsibility xxx sees xxx organizations xx that xx its xxxxxx While xxx stakeholders xxxxxxxxxxx of xxxxxx value xxxx emphasis xx responsibility xxxx profitability xxx sees xx serve xxx the xxxxxxx in xxx organizations xxxx prime xxxxxxx The xxxxxxxxxxxx value xxxxxxxxxxx believe xxxx social xxxxxxxxxxxxxx is xxx a xxxxxx of xxxxxxx for xxx organization xxx also xxxxxx that xxx society xx better xxxxxx by xxxxxxxxxxxxx pursuing xxxxxxxx efficiency xxx main xxxxxxx is xx maximize xxxxxxxxxxxx value xxxxx the xxxxxxxxxxx s xxxxxxxxxxx believes xxxx the xxxxxx responsibility xx the xxxxxx of xxxxxxx for xxx organization xxx should xx measured xx bringing xxxxxxxxxxxx between xxx the xxxxxxxxxxxx Identify xxx describe xxxx of xxx diversity xxxxxxxxx from xxx article xxxx Making xxxxxxxxxxx Matter xxxxx are xxxx found xx your xxxxxxxx Specify xxxxx level xxxxxxx or xxxx of xxxxxxxxx each xxxxxxxx focuses xx Describe xxx quot xxxxx quot xxxxxxx by xxxx of xxx paradigms x e xxxx me xxx advantages xx the xxxxxxx of xxxxxxxx a xxxxxxxxxx policy xxx different xxxxxxxxx explained xx the xxxxxxx include xxxxxxxxxxxxxx and xxxxxxxx paradigm xxxxxx and xxxxxxxxxx paradigm xxx third xxxxxxxx showing xxxxxxxxxx learning xxxxxx place xx an xxxxxxxxxxxx The xxxxx discrimination-and-fairness xxxxxxxx is xxxxx upon xxx recognizing xx the xxxxxxxxxxxxxx which xx wrong xxxxx this xxx company x progress xx measured xxx how xxxx it xxxxxxxx its xxxxxxxxx and xxxxxxxxxxx goals xxx access xxx legitimacy xxxxxxxx celebrates xxxxxxxxxxx Under xxxx the xxxxxxx s xxxx for xxxxxxxxx a xxxx diverse xxxxxx base xxxxxxx with xxxxx demographics xx the xxxxxxxx customers xxx this xxxxxxxx can xxxxxx in xxx employees xxxxxx the xxxxxxx that xxxx have xxxx exploited xx companies xxxxx there xxxxx right xxxx of xxxxxxxxxx a xxxxx and xxxxx paradigm xxxxx which xxxxx the xxxxxxxxxx learning xxxxxx place xxx the xxxxxxx s xxxxxxxx more xxxxxxxxx in xxxxxxxxxxxxx their xxxxxxxx if xxx the xxxxxxxxx are xxxxxxxxx to xxxx their xxxxxxxxxxx by xxxxxxxx ideas xx all xx majority xx the xxxxx preconditions xxx in xxxxx positions xxx growth xxxxxxxxxxxxx are xxxxxx unlimitedMore Articles From Marketing
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