UNDERSTANDING BUSINESS CONNNECT ACCESS
UNDERSTANDING BUSINESS CONNNECT ACCESS
12th Edition
ISBN: 9781264402458
Author: Nickels
Publisher: INTER MCG
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Chapter 7, Problem 1VC
Summary Introduction

To determine: The vision statement for Z Company.

Case summary: Z Company was launched during the dot-com boom. Z Company ranked number 6th in 2010 as one of the best places to work. Z Company was the first company at that time which provides online products. A Company purchased Z Company in 2010 for $1.2 billion. Core values of Z Company is continue to be followed by A Company. The Team leaders are required to spend at least 20% of time off the job with the team members. The core values help to maintain the good image of the company.

Characters in the case: The characters that in the case are Z Company, T CEO of Z Company.

Adequate information: The Z Company has annual revenue of $1 billion in 2010 and was ranked 6th by F Magazine as one of the best places to work.

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Students have asked these similar questions
1.    Discuss the elements of the mission and vision statements and their importance to new entrepreneurial ventures. 2.    Develop a mission and vision statement for a new technology venture. 3.    Include a corporate social responsibility (CSR) initiative in each statement.
Action innovations for entrepreneurial venture types include; Invention, Extension, Duplication, and Synthesis. What is an idea that you believe would qualify as a good entrepreneurial venture, identify the type of action innovation the idea is, and provide a product or service (or a revolutionary product or service) that would fit the type of innovation you have chosen to discuss as a possible venture. Financial planning company is the venture.
Consider the case of Nutrorim that you read in Module 1 from a culture, structure, and strategy perspective. Answer the following questions. Be sure to support your reasoning with evidence from the case and course concepts. What impact has the democratic culture had on the company’s ability to make good, effective, decisions? How do you think this culture evolved? Do you think the culture is still effective why/why not?
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