Make sure to develop your answers clearly with as many concepts and specific examples from class as possible. seminar management class

1. Discuss the Make/Buy decision.

2. How does competition encourage companies like Apple and Tesla to give us better and cheaper products? Explain the competitive dynamics that encourage innovation, particularly in the modern environment.

3. Why do organized businesses exist? What do they provide? What are their strengths and weaknesses?

4. What are the basic elements of leadership? How can managers create effective groups and mitigate their inherent flaws?

5. With the many reasons that make innovation necessary, why do most of them fail? What can be done to improve the chances of success?