Choose a Topic: Choose a business strategy principal, model, or concept that you feel is especially relevant to you. Topics you might explore more include the following: Porter’s Five Forces Analysis Blue Ocean Strategy Customer Satisfaction Game Theory Corporate Governance Mission and Vision Statements Balanced Scorecard Account-Based Marketing Time Management Communication Skills Project Management Decision Making Problem-Solving Culture Building Trust. Research: Use the internet to find online blogs, courses, videos, podcasts, and articles that teach you more about the topic. Focus especially on how the topic is applied in the business world. These are some starting places for research: Find articles, blogs, videos, and white pages online. These are some websites that emphasize business topics: strategy-business.com fastcompany.com bloomberg.com businessinsider.com cnbc.com forbes.com marketwatch.com wsj.com Identify Opinion Leaders: As you research, identify two people you believe are especially specialized and respected in this topic. Opinion leaders are people who are credible—they reference specific case studies and real examples and base claims and examples on credible sources; and have a wide impact—others identify them as specialists in the field, and their works are frequently cited. Synthesize: Create a job aid that highlights best practices and considerations for using the principle in practice. This could be a list of best practices, a graphic, or any other resource that helps you remember what you learned when you are on the job. Project Application: After researching the topic, apply the key takeaways from your research to a project you are working on. Explore the challenges and complexities of applying research in practice. Similar questions Choose a company that interests you and do research to document its strategic plan.Include a SWOT analysis and a statement of theorganization’s vision, mission, objectives, goals,and strategies. Identify and briefly describe twoIS-related projects that would be consistentwith this plan. Then what should be the Stratic

Choose a Topic: Choose a business strategy principal, model, or concept that you feel is especially relevant to you. Topics you might explore more include the following: Porter’s Five Forces Analysis Blue Ocean Strategy Customer Satisfaction Game Theory Corporate Governance Mission and Vision Statements Balanced Scorecard Account-Based Marketing Time Management Communication Skills Project Management Decision Making Problem-Solving Culture Building Trust. Research: Use the internet to find online blogs, courses, videos, podcasts, and articles that teach you more about the topic. Focus especially on how the topic is applied in the business world. These are some starting places for research: Find articles, blogs, videos, and white pages online. These are some websites that emphasize business topics: strategy-business.com fastcompany.com bloomberg.com businessinsider.com cnbc.com forbes.com marketwatch.com wsj.com Identify Opinion Leaders: As you research, identify two people you believe are especially specialized and respected in this topic. Opinion leaders are people who are credible—they reference specific case studies and real examples and base claims and examples on credible sources; and have a wide impact—others identify them as specialists in the field, and their works are frequently cited. Synthesize: Create a job aid that highlights best practices and considerations for using the principle in practice. This could be a list of best practices, a graphic, or any other resource that helps you remember what you learned when you are on the job. Project Application: After researching the topic, apply the key takeaways from your research to a project you are working on. Explore the challenges and complexities of applying research in practice. Similar questions Choose a company that interests you and do research to document its strategic plan.Include a SWOT analysis and a statement of theorganization’s vision, mission, objectives, goals,and strategies. Identify and briefly describe twoIS-related projects that would be consistentwith this plan. Then what should be the Stratic

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Question

Choose a Topic: Choose a business strategy principal, model, or concept that you feel is especially relevant to you. Topics you might explore more include the following:
- Porter’s Five Forces Analysis
- Blue Ocean Strategy
- Customer Satisfaction
- Game Theory
- Corporate Governance
- Mission and Vision Statements
- Balanced Scorecard
- Account-Based Marketing
- Time Management
- Communication Skills
- Project Management
- Decision Making
- Problem-Solving
- Culture
- Building Trust.
Research: Use the internet to find online blogs, courses, videos, podcasts, and articles that teach you more about the topic. Focus especially on how the topic is applied in the business world. These are some starting places for research:
Find articles, blogs, videos, and white pages online. These are some websites that emphasize business topics:
strategy-business.com
- - fastcompany.com
  - bloomberg.com
  - businessinsider.com
  - cnbc.com
  - forbes.com
  - marketwatch.com
  - wsj.com
  - Identify Opinion Leaders: As you research, identify two people you believe are especially specialized and respected in this topic. Opinion leaders are people who
    - are credible—they reference specific case studies and real examples and base claims and examples on credible sources; and
    - have a wide impact—others identify them as specialists in the field, and their works are frequently cited.
  - Synthesize: Create a job aid that highlights best practices and considerations for using the principle in practice. This could be a list of best practices, a graphic, or any other resource that helps you remember what you learned when you are on the job.
  - Project Application: After researching the topic, apply the key takeaways from your research to a project you are working on. Explore the challenges and complexities of applying research in practice.
    
    Similar questions

Choose a company that interests you and do research to document its strategic plan.Include a SWOT analysis and a statement of theorganization’s vision, mission, objectives, goals,and strategies. Identify and briefly describe twoIS-related projects that would be consistentwith this plan.

Then what should be the Stratic

Definition Definition Economic decision-making framework that analyzes how different players optimize their outcomes with given pay-offs corresponding to their available strategies. The assumptions of game theory are: The number of players or competitors are finite/limited; All participants are rational The rules of the game are known to every player; and Each participant has a finite set of actions. A common way in which game theory is presented as an ( m x n ) matrix in which m represents the strategies of row player and n represents the strategies of column player. There are several limitations of game theory: Many businesses have a large number of competitors, and selecting an optimal strategy in these circumstances is difficult; Real-life business operating environments are full of uncertainty and difficult to model as a game theory; and The assumption of rationality and utility maximization isn't always an accurate portrayal of human nature.

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