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Week 4 DQ 1: Product Development and the Business Plan Which section or sections of a business plan submitted to venture capitalists are the strongest and which sections are traditionally the weake st? Identify and discuss at least two weak sections of traditional business plans. The strongest section of a business plan submitted to venture capitalists pertains to the technical considerations and is typically "placing too much emphasis on the technology relative to the other issues." (Textbook...

SBE-330 Week 4 Case Study 2: The fundamentals of Philips were laid The fundamentals of Philips were laid in 1891 when Gerard Philips and his father Frederik Philips established Philips & Co. in E indhoven, the Netherlands. Gerard's Brother Anton Philips strengthened the young company and was proved to be a great commercial ability and within some years Philips belonged to the leading producers of light bulbs in the entire world. Inspired by the Industrial Revolution in Europe, Philips’ first ...

Week 3 DQ 2: Does Serendipity Apply With over 1.3 billion people in China, why are they known for cheap manufacturing instead innovation? Conversely, northern California's Silicon Valley has a r elatively small population but is responsible for many new ideas & companies - think Facebook, Intel, yahoo, & thousands of smaller companies. Why? And why isn't Texas (much larger in size & close to the population of California) known as a leader for technology advancement? With such a large populatio...

As in the beginning of old era we can see that there was no light. But after a long time the oil lamp innovation took place, which was one of the first innovation in the exploring world of light bulb. This came from an effective method. Slowly in the developing late eighteen century when the expansion of mining industry led to the experiments with uses for coal gas, which is even one of the alternative source of illumination. One of the pioneers invented the carbon arc lamp from the coal industr...

SBE 330 Week 2 Case Study: Innovation in the textile and clothing industry Exploring Innovation in Action: Sewing up the Competition - Innovation in the Textile and Clothing Industry You ha ve been hired as a consultant to a small clothing manufacturer who wants to emulate the success of Zara and Benetton. She wants advice on an innovation strategy, which takes the key lessons from these successful firms. What would you offer? This small clothing manufacturer that is looking to mirror the same s...

SBE 330 Week 1 Discussion Question 2 – Innovation, Strategy and Purpose Two companies: 1) Large, well established company in mature market (think oil & gas, etc) 2) New start-up in growing & emerging market (think software app development, etc) Which of the two do you believe has a better opportunity to provide innovative products, processes, & ideas? Why? I like the well established company, maybe because I work for one of those, but also because of the resources available to them. A well est...

SBE-330 Week 1 Case Study: Changing Nature of Music Industry Case Study: Changing Nature of the Music Industry Can you map the different kinds of innovation in the cas e study? Which were incremental & which radical/discontinuous? Why? Give examples to support your answer The music industry provided artists one path, & one way only, to reach & bond with their fans & monetize their pre-recorded music. Artists had to sign to a record label, transferring ownership of copyrights, relinquishing limit...

I have thought about this for a long time. What product or service could I create that I feel is needed/wanted by the consumer today? Do I have experience in any areas where I see gaps in marketplaces ? Would I enjoy any new products or services? After asking myself these questions, the answer hit me. The new product or service I want to create is combination of a modern day barbershop, blended within a tattoo shop. I will call it, “The Establishment: Tattoos & Hairdo’s for the gentlemen lif...

SBE 310 Week 8 Final Exam 1. (TCO 1) Approximately what percentage of businesses have a payroll with fewer than 500 people? (Points : 5) 10 percent 25 percent 75 percent 99 percent 2. (TCO 1) You have a small business that offers printing services. One of the services you offer is a high-speed color copier. You are currently the only printing service in a tri-state area that offers such a service. You currently have . (Points : 5) Creative destruction A competitive advantage A qualitative advant...

SBE 310: Course Project III Entrepreneur Research Paper Table of Contents I. Introduction The increase in entrepreneurial activity is a significant trend in the US economy. Un fortunately, small business owners often face the reality of failure. The important role of small business suggests that an understanding of why business fail is base on the stability of economy status and the performance. The major concern to any entrepreneurs is the chance of failure of the proposed business. It appears ...