Consider an innovative product, service, or process from your company, a company you are familiar with,...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Consider an innovative product, service, or process from your company, a company you are familiar with, or research an innovation you are interested in learning more about. The innovation you select will be used in assignments throughout the course. Hint: This is instructing you to pick something that has not yet been done or is currently being developed. This does not have to be a new product or service, but could be an improvement or an improved process or strategy. If you decide on an existing product, find an innovation that improves the product or process/operation or strategy. Remember that this is a practical course and that you will need to use this innovation throughout the course. Assignment Deliverable Write a 350- to 700-word review of the innovation you selected. Complete the following in your review: • Describe the innovation. What was it? • Identify the source of the innovation. Where did the idea originate? What drove the idea forward? • Identify the type of innovation. Was it a technological innovation, product, service, process, or something else? Identify the purpose of this innovation. Why is this innovation important to that company, industry, or users? Consider an innovative product, service, or process from your company, a company you are familiar with, or research an innovation you are interested in learning more about. The innovation you select will be used in assignments throughout the course. Hint: This is instructing you to pick something that has not yet been done or is currently being developed. This does not have to be a new product or service, but could be an improvement or an improved process or strategy. If you decide on an existing product, find an innovation that improves the product or process/operation or strategy. Remember that this is a practical course and that you will need to use this innovation throughout the course. Assignment Deliverable Write a 350- to 700-word review of the innovation you selected. Complete the following in your review: • Describe the innovation. What was it? • Identify the source of the innovation. Where did the idea originate? What drove the idea forward? • Identify the type of innovation. Was it a technological innovation, product, service, process, or something else? Identify the purpose of this innovation. Why is this innovation important to that company, industry, or users?
Expert Answer:
Answer rating: 100% (QA)
The innovation I have selected is a new mobile payment system developed by XYZ Company a leading technology firm This payment system aims to revolutio... View the full answer
Related Book For
Management Accounting
ISBN: 9780730369387
4th Edition
Authors: Leslie G. Eldenburg, Albie Brooks, Judy Oliver, Gillian Vesty, Rodney Dormer, Vijaya Murthy, Nick Pawsey
Posted Date:
Students also viewed these general management questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
List three specific parts of the Case Guide, Objectives and Strategy Section (See below) that you had the most difficulty understanding. Describe your current understanding of these parts. Provide...
-
Pixystems Toys is a leading manufacturer and distributor of childrens toys across the globe through third party distributors (non-company owned stores) and through their flagship store located in New...
-
BC Lessee Co. enters a non-cancelable lease agreement with Blackcomb Co. on January 1, 2023, under which Blackcomb Co. leases equipment to BC Lessee Co. Information pertaining to the lease is...
-
Several alternative definitions were presented for a new product. How would a company's marketing strategy be affected if it used (a) The legal definition (b) A behavioural definition?
-
A three-column cash book for a wine wholesaler is to be written up from the following details, balanced off, and the relevant discount accounts in the general ledger shown. 20X8 Mar 1 Balances...
-
The daily low temperatures, in degrees centigrade, in Fargo for the week of January 17, 2021, were \(-9,-17,-18\), \(-14,-17,-19\), and -11 . What was the average low temperature in Fargo that week?
-
Printware Products Inc. produces printers for wholesale distributors. It has just completed packaging an order from Hawes Company for 450 printers. Before the order is shipped, the controller wants...
-
Costs per Equivalent Unit The following information concerns production in the Baking Department for March. All direct materials are placed in process at the beginning of production. ACCOUNT Work...
-
Finney Company's condensed income statement is presented below: The following data is compiled relative to Finney's operating segments: Included in the amounts allocated to each segment on the above...
-
For the simplex tableau X2 $1 52 P RHS 4 1 0 0 29 3 0 1 0 50 -4 0 01 0 perform one pivot operation and enter the resulting tableau below. The pivot element has a box around it. X X2 X 3 3 -10 $2 P RHS
-
Your uncle Mikes boat can travel 4.0 m/s in still water. One sunny afternoon, you and Unk Mike decide to go fishing. While waiting for a bite, you begin thinking, If this river is flowing at 5.5 m/s...
-
Consider a Smart Blood Pressure Monitoring System software project. It is a web-based and mobile-based software in which doctors can follow their patients with data transfers through the application...
-
Evaluate the limit: 3y + 14y-5 lim help (limits) 5 y+4y-5
-
2. A 2.0 m-long 1.0 kg rod is hinged at one end and connected to a wall. It is held out horizontally and then released. What is the speed of the tip of the rod when it hits the wall? Hinge Before:...
-
on In the shown RC circuit, the capacitor is initially uncharged when the switch s is closed. Assuming = 30 V The charge (in C) of the capacitor at t = 1.0s is: 40kQ E 50F
-
To calculate the book value of the machine at the end of the first year as a percentage of its initial cost, we'll first calculate the depreciation expense for the first year using the straight -...
-
Use the following data to answer the next two (2) questions: Product 1 Product 2 Product 3 Direct Material Cost $25,000 $30,000 $35,000 Direct Labor Cost $30,000 $40,000 $50,000 Direct Labor Hours...
-
Refer to the information in problem 18.21. The manager of Sandy Point Construction is considering a new project. She can buy or lease equipment that will allow the quicker construction and erection...
-
Point Piper prepares monthly cash budgets. Provided below is a set of relevant data extracted from existing reports, and the sub-budgets for the months of September and October. All sales are on...
-
Why might some have trouble classifying costs as fixed or variable?
-
8. YOU BE THE JUDGE WRITING PROBLEM Cellwave was a limited partnership that applied to the Federal Communications Commission (FCC) for a license to operate cellular telephone systems. After the FCC...
-
7. Question: Mrs. Meadows opened a biscuit shop called The Biscuit Bakery. The business was not incorporated. Whenever she ordered supplies, she was careful to sign the contract in the name of the...
-
10. Leonard C. Blum, an attorney, was negligent in his representation of Louis Anthony, Sr. In settlement of Anthony's claim against him, Blum signed a promissory note for $10,400 on behalf of his...
Study smarter with the SolutionInn App