Question: How is the idea of “strategic intent”

> Review the following CBA: David L. Weimer and Mark A. Sager, ““Early Identification and Treatment of Alzheimer’s disease: Social and Fiscal Outcomes,” Alzheimer’s & Dementia 5(3), 2009, 215-226. Evaluate the empirical basis for prediction and monetizatio

> A proposed government project in a rural area with 100 unemployed persons would require the hiring of 20 workers. The project would offer wages of $12 per hour. Imagine that the reservation wages of the one-hundred unemployed fall between $2 and $20. R

> (Instructor-provided spreadsheet recommended) Consider an individual’s utility function over two goods, qm and qs, where m indicates the primary market in which a policy will have its effect and s is a related secondary market:
Where α, βm, βs, and γ a

> Suppose the government is considering an increase in the toll on a certain stretch of highway from $.40 to $.50. At present, 50,000 cars per week use that highway stretch; after the toll is imposed, it is projected that only 45,000 cars per week will use

> Assume that a typical unskilled rural worker in a developing country would be paid 2 dubyas a week if he migrates to the city and finds a job. However, the unemployment rate for unskilled workers is 40 percent in the city. Required: a. What does the Ha

> Consider a low-wage labor market. Workers in this market are not presently covered by the minimum wage, but the government is considering implementing such legislation. If implemented, this law would require employers in the market to pay workers a $5 ho

> A city is about to build a new sanitation plant. It is considering two sites, one located in a moderately high-income neighborhood and the other in a low-income neighborhood. Indeed, most of the residents in the latter neighborhood live below the poverty

> What are some of the advantages of technological innovation? Disadvantages?

> Why is innovation so important for firms to compete in many industries?

> Why do you think so many innovation projects fail to generate an economic return?

> The Walt Disney Company is probably the best known entertainment company in the world. Founded in 1923 as a producer of animated films, it grew to become an entertainment conglomerate that includes theme parks, live action film production, television, pu

> Founded in 2003 by Rick Alden, Skullcandy grew from a simple idea to a company with products distributed in approximately 80 countries and generating over $200 million in revenues annually. The company’s core products, headphones with an extreme sport ae

> Google was founded in 1998 by two Stanford Ph.D. students, Sergey Brin and Larry Page, who had developed a formula for rank ordering random search results by relevancy. Their formula gave rise to an incredibly powerful Internet search engine that rapidly

> In 1995, Edward Lanphier founded Sangamo Biosciences for the purpose of developing zinc-finger nucleases (ZFNs), a new technology that offered potential for “editing” the genetic code of a living individual to correct

> Mahindra Tractors, the Farm Equipment Sector of the Mahindra & Mahindra Group in India is one of the world’s largest producers of tractors.a In the late 1990’s, over 20 percent of Indian’s gross domestic product came from agriculture and nearly 70 percen

> What are the benefits and costs of involving customers and suppliers in the development process?

> Gavriel Iddan was an electro-optical engineer at Israel’s Rafael Armament Development Authority, the Israeli authority for development of weapons and military technology. One of Iddan’s projects was to develop the “eye” of a guided missile, which leads t

> In the global video game industry, the introduction of each generation of console has ushered in a new battle for market dominance. New entrants have made startling entrances and toppled seemingly invincible incumbents. Game developers, distributors, and

> What are some of the advantages and disadvantages of co-location? Are there some types of projects for which “virtual teams” are inappropriate?

> Can you identify an example of a development project and what type of team you believed they used? Do you think this was the appropriate type of team given the nature of the project?

> What are some of the ways that managers can ensure that a team reaps the advantages of diversity while not being thwarted by some of the challenges team diversity raises?

> Why are there tradeoffs in choosing a team's size and level of diversity?

> What kinds of people make good project champions? How can a firm ensure that it gets the benefits of championing while minimizing the risks?

> Are there some industries in which a parallel process would not be possible or effective?

> Consider a group project you have worked on at work or school. Did your group use mostly sequential or parallel processes?

> What are some of the advantages and disadvantages of a parallel development process? What obstacles might a firm face in attempting to adopt a parallel process?

> Is the Stage-Gate process consistent with suggestions that firms adopt parallel processes? What impact do you think using Stage-Gate processes would have on development cycle time and development costs?

> What factors do you believe influenced the choice of protection strategy used for the innovation identified above? Do you think the strategy was a good choice?

> What are some of the advantages and disadvantages of the transnational approach advocated by Bartlett and Ghoshal?

> Why is the tension between centralization and decentralization of R&D activities likely to be even greater for multinational firms than firms that compete in one national market?

> What factors should a firm take into account when deciding how centralized its R&D activities should be? Should firms employ both centralized and decentralized R&D activities?

> What are some of the advantages and disadvantages of having formalized procedures for improving the effectiveness or efficiency of innovation?

> Are there particular types of innovation activities for which large firms are likely to outperform small firms? Are there types for which small firms are likely to outperform large firms?

> Describe a technological innovation not discussed in the chapter, and identify where you think it lies on the control continuum between wholly proprietary and wholly open.

> Can you identify a situation in which none of the legal protection mechanisms discussed (patents, copyrights, trademarks, trade secrets) will prove useful?

> When will trade secrets be more useful than patents, copyrights or trademarks?

> Consider a firm that is considering marketing its innovation in multiple countries. What factors should this firm consider in formulating its protection strategy?

> What marketing strategies are used by the producers of the product you identified for question 3? What are the advantages and disadvantages of these marketing strategies?

> What are the differences between patents, copyrights, and trademarks?

> Are their some industries in which you would expect to see particularly short technology cycles? Are their some industries in which you would expect to see particularly long technology cycles? What might be some of the factors that influence the length o

> Will different methods of evaluating a project typically yield the same conclusions about whether to fund its development? Why or why not?

> If a firm decides it is in its best interest to collaborate on a development project, how would you recommend the firm go about choosing a partner, a collaboration mode, and governance structure for the relationship?

> What are some of the reasons that a firm might use both qualitative and quantitative assessments of a project?

> How does the mode of collaborating (e.g., strategic alliance, joint venture, licensing, outsourcing, collective research organization) influence the success of a collaboration?

> What are some of the advantages and disadvantages of collaborating on a development project?

> Identify a particular development project you are familiar with. What kinds of methods do you believe were used to assess the project? What kinds of methods do you believe should have been used to assess the project?

> For what kind of development projects might a real options approach be appropriate? For what kind of projects would it be inappropriate?

> What are the advantages and disadvantages of discounted cash flow methods such as NPV and IRR?

> Pick a product you feel you know well. What intermediaries do you think are used in bringing this product to market? What valuable services do you think these intermediaries provide?

> What determines whether an industry is likely to have one or a few dominant designs?

> Why is it necessary to perform an external and internal analysis before the firm can identify its true core competencies?

> What makes an ability (or set of abilities) a core competency?

> What is the difference between a strength, a competitive advantage, and a sustainable competitive advantage?

> Are dominant designs good for consumers? Competitors? Complementors? Suppliers?

> What factors might make some industries harder to pioneer than others? Are there industries in which there is no penalty for late entry?

> Can you think of an example of a successful a) first mover, b) early follower, and c) late entrant? Can you think of unsuccessful examples of each?

> What are some of the advantages of entering a market early? Are there any advantages to entering a market late?

> What are some of the ways a firm can try to increase the overall value of its technology, and its likelihood of becoming the dominant design?

> What factors will (or should) influence a firm’s pricing strategy?

> What are some examples of industries not mentioned in the chapter that demonstrate increasing returns to adoption?

> What are some of the sources of increasing returns to adoption?

> Why do technologies often improve faster than customer requirements? What are the advantages and disadvantages to a firm of developing a technology beyond the current state of market needs?

> What are some of the reasons that both technology improvement and technology diffusion exhibit s-shaped curves?

> Are well-established firms or new entrants more likely to a) develop and/or b) adopt new technologies? What are some reasons for your choice?

> What are some of the reasons that established firms might resist the adoption of a new technology?

> Could firms identify people with greater capacity for creativity or inventiveness in their hiring procedures?

> Several studies indicate that the use of collaborative research agreements is increasing around the world. What might be some of the reasons that collaborative research is becoming more prevalent?

> What traits appear to make individuals most creative? Are these the same traits that lead to successful inventions?

> What are some of the advantages and disadvantages of a) individuals as innovators, b) firms as innovators, c) universities as innovators, d) government institutions as innovators, e) nonprofit organizations as innovators?

> Can you identify one or more circumstances when a company might wish to delay introducing its product?

> The Medical Committee for Human Rights (Committee), a nonprofit corporation organized to advance concerns for human life, received a gift of shares of Dow Chemical (Dow) stock. Dow manufactured napalm, a chemical defoliant that was used during the Vietna

> M.R. Watters was the majority shareholder of several closely held corporations, including Wildhorn Ranch, Inc. (Wildhorn). All these businesses were run out of Watters’s home in Rocky Ford, Colorado. Wildhorn operated a resort called the Wildhorn Ranch R

> Edward Hellenbrand ran a comedy club known as the Comedy Cottage in Rosemont, Illinois. The business was incorporated, with Hellenbrand and his wife as the corporation’s sole shareholders. The corporation leased the premises in which the club was located

> Southland Corporation (Southland) owns the 7-Eleven trademark and licenses franchisees throughout the country to operate 7-Eleven stores. The franchise agreement provides for fees to be paid to Southland by each franchisee based on a percentage of gross

> Christopher, Melony, Xie, and Ruth form iNet.com, LLC, a limited liability company. The 4 members are all Ph.D. scientists who have been working together in a backyard garage to develop a handheld wireless device that lets you receive and send email, sur

> Angela, Yoko, Cherise, and Serena want to start a new business that designs and manufactures toys for children. At a meeting in which the owners want to decide what type of legal form to use to operate the business, Cherise states: We should use a limite

> Fruehauf Corporation (Fruehauf) is engaged in the manufacture of large trucks and industrial vehicles. The Edelman group (Edelman) made a cash tender offer for the shares of Fruehauf for $48.50 per share. The stock had sold in the low $20-per-share range

> John A. Goodman was a real estate salesman in the state of Washington. Goodman sold to Darden, Doman & Stafford Associates (DDS), a general partnership, an apartment building that needed extensive renovation. Goodman represented that he personally had ex

> Gay’s Super Markets, Inc. (Super Markets), was a corporation formed under the laws of the state of Maine. Hannaford Bros. Company held 51 percent of the corporation’s common stock. Lawrence F. Gay and his brother Carrol were both minority shareholders in

> George Gibbons, William Smith, and Gerald Zollar were all shareholders in GRG Operating, Inc. (GRG). Zollar contributed $1,000 of his own funds so that the corporation could begin to do business. In exchange for this contribution, Gibbons and Smith both

> Commonwealth Edison Co. (Commonwealth Edison), through its underwriters, sold 1 million shares of preferred stock at an offering price of $100 per share. Commonwealth Edison wanted to issue the stock with a dividend rate of 9.26 percent, but its major un

> Martin Stern Jr. was an architect who worked in Nevada. Nathan Jacobson asked Stern to draw plans for Jacobson’s new hotel/ casino, the Kings Castle at Lake Tahoe. Stern agreed to take on the project and immediately began preliminary work. At this time,

> Leo V. Mysels was the president of Florida Fashions of Interior Design, Inc. (Florida Fashions). Florida Fashions, which was a Pennsylvania corporation, had never registered to do business in the state of Florida. While acting in the capacity of salesman

> Hutchinson Baseball Enterprises, Inc. (Hutchinson, Inc.), was incorporated under the laws of Kansas. Some of the purposes of the corporation, according to its bylaws, were to “promote, advance, and sponsor baseball, which shall include Little League and

> Jeffrey Sammak was the owner of a contracting business known as Senaco. Sammak decided to enter the coal reprocessing business. Sammak attended the Coal Show in Chicago, Illinois, at which he met representatives of the Deister Co., Inc. (Deister). Deiste

> Kawasaki Motors Corporation (Kawasaki), a Japanese corporation, manufactures motorcycles that it distributes in the United States through its subsidiary, Kawasaki Motors Corporation, U.S.A. (Kawasaki USA). Kawasaki USA is a franchisor that grants franchi

> Lawrence Gaffney was the president and general manager of Ideal Tape Company (Ideal). Ideal, which was a subsidiary of Chelsea Industries, Inc. (Chelsea), was engaged in the business of manufacturing pressure-sensitive tape. Gaffney recruited 3 other Id

> Ramada Inns, Inc. (Ramada Inns), is a franchisor that licenses franchisees to operate motor hotels using the Ramada Inns trademarks and service marks. In August, the Gadsden Motel Company (Gadsden), a partnership, purchased a motel in Attalla, Alabama, a

> Southland Corporation (Southland) owned the 7-Eleven trademark and licensed franchisees to operate convenience stores using this trademark. Each franchise is independently owned and operated. The franchise agreement stipulates that the franchisee is an i

> Re/Max International, Inc. (Re/Max), is the owner and licensor of Re/ Max trademarks and sells Re/Max franchises. Re/Max, through a subfranchisor, granted a franchise to Re/Max Midtown to operate a Re/Max franchise in Illinois (the franchisee). The Re/Ma

> Ally is a member and a manager of a manager-managed limited liability company called Movers & You, LLC, a moving company. The main business of Movers & You, LLC, is moving large corporations from old office space to new office space in other buildings. A

> Juan, Min-Yi, and Chelsea form Unlimited, LLC, a limited liability company that operates a chain of women’s retail clothing stores that sell eclectic women’s clothing. The company is a manager-managed LLC, and Min-Yi has been designated in the articles o

> Harold, Jasmine, Caesar, and Yuan form Microhard.com, LLC, a limited liability company, to sell computer hardware and software on the internet. Microhard.com, LLC, hires Heather, a recent graduate of the University of Chicago and a brilliant software des

> Dale C. Bone was a member of Roscoe, LLC, an LLC organized under the laws of North Carolina. Roscoe, LLC, purchased 2 acres of land near the town of Apex, North Carolina. Apex approved Roscoe, LLC’s plan to construct and operate a propane gas bulk storag

> The state of Wisconsin enacted an antitakeover statute that protects corporations that are incorporated in Wisconsin and have their headquarters, substantial operations, or 10 percent of their shares or shareholders in the state. The statute prevents any

> Mobil Corporation (Mobil) made a tender offer to purchase up to 40 million outstanding common shares of stock in Marathon Oil Company (Marathon) for $85 per share in cash. It further stated its intentions to follow the purchase with a merger of the two c

> Over a period of several years, the Curtiss-Wright Corporation (Curtiss-Wright) purchased 65 percent of the stock of Dorr-Oliver Incorporated (Dorr-Oliver). CurtissWright’s board of directors decided that a merger with Dorr-Oliver would be beneficial to

> Jon-T Chemicals, Inc. (Chemicals), was an Oklahoma corporation engaged in the fertilizer and chemicals business. John H. Thomas was its majority shareholder and its president and board chairman. Chemicals incorporated Jon-T Farms, Inc. (Farms), as a whol

> The adjusted trial balance columns of the worksheet for Nguyen Company, owned by C. Nguyen, are as follows. Instructions a. Complete the worksheet by extending the balances to the fi nancial statement columns. b. Prepare an income statement, owner&acir

> The trial balance columns of the worksheet for Warren Roofing at March 31, 2020, are as follows. Other data: 1. A physical count reveals only $480 of roofing supplies on hand. 2. Depreciation for March is $250. 3. Unearned revenue amounted to $260 at M