What do you do when you are convinced that the way forward is clear, but others are not yet convinced and don’t yet grasp what you are seeing?
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What do you do when you are convinced that the way forward is clear, but others are not yet convinced and don’t yet grasp what you are seeing?
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- What do you really want out of life?“If you want to succeed, you must be 100 per cent committed to your career – everything else is secondary.” Do you agree or disagree with this statement. Explain your reasoning.With your team, choose three established business theories that apply to the current event and market reactions. Recommend alternative courses of action that are consistent with established business theories and conclude
- - Provide an example where these beliefs have held you back from pursuing opportunities or taking calculated risks.Please read the case and answer the questions at the end. Please respond to two of your peers. Do you agree or disagree? Joe's Hamburger Grill has been doing business in the same location for the past 20 years. The Grill is located in Phoenix, Arizona, and caters to college students by providing some of the world's biggest hamburgers in a fun and casual dining atmosphere. Joe looks back with fondness on the 20 years that have passed since he first opened the grill. His primary motivation for starting the business was the opportunity to work for himself. When he graduated from college, Joe took a job as an accountant and worked for a number of different companies. When he turned 40, Joe decided he was tired of working for a boss, so he began looking for an alternative opportunity. Knowing his love for cooking and his flair for providing great customer service, Joe's wife and friends encouraged him to open the hamburger stand. After taking some time to decide what he wanted to do, Joe…Can you identify a struggling company that could benefit from market penetration,market development, or product development?
- Given the risks involved in starting any company, should an aspiring entre-preneur investigate all possible failure scenarios and develop action plans to avoid these potential outcomes? Explain your answer.How is bad news different from good news?Setting strategic objectives is important in your personal career as well. Identify and write down three or four important strategic objectives you want to accomplish in the next few years (finish your degree, find a better paying job, etc.). Are you allocating your resources (time, money, etc.) to enable you to achieve these objectives? Are your objectives measurable, timely, realistic, specific, and appropriate? Do you spend any time and energy in activities that do not contribute to your strategic objectives? Why do you think these activities are not productive? Then reflect and rewrite your objectives that are measurable, timely, realistic, specific, and appropriate.
- Your new company must plan for adaptability and alignment both internally and externally due to a crisis and other unexpected events, such as a mortgage crisis, a fire, IT system failure, loss of a major customer, loss of suppliers, union strikes, or terrorist attacks. How do you identify a crisis that Kibbles and Bits may experience, and explain how Kibbles and Bits would adapt and align in this crisis?What holds people back from pursuing their dreams?Have your own shopping habits changed with the ease of online shopping? If so, how? Do you expect them to change when you graduate and have more disposable income?
