Assignment: Strategic Management And Business Policy
Part 1
Discussion Question
Discuss how you could apply the concepts learned in this course to your current or future career. Name at least one strategic management model discussed during this term that you would use, and explain why you selected this model. How might you incorporate information from this model to positively impact your career success?
Part 2
Instructions Review the processes of invention and innovation. Then, select a new product that you have been introduced to in the past 12 months. You are encouraged to research this new product using outside sources. You can use the same company (My company was Samsung) you have been researching, or pick a new one. You are to create a PowerPoint presentation about future inventions this new product could help to inspire and what innovations could be developed toenhance and improve this product. Analyze how these two areas could impact the company. Your PowerPoint presentation should include the following elements:
Slide 1: Title page
Slide 2: Description of the new product
Slide 3: Description of the importance of R&D to include lead usersand market research
Slide 4: Discussion of appropriate structure and culture within thecompany necessary to support innovative ideas and products
Slide 5: Exploration of future inventions inspired by the product oranalysis of future innovations of this product (Was this a successfulinvention leading to innovation?)
Slide 6: Prediction of product demand in five years
Slide 7: List of sources using APA guidelines
Ensure that every slide has a title at the top explaining what the slide covers. To complete this assignment, a minimum of two reputable sources must be used, cited, and referenced. Add citations in proper APA format, use applicable pictures or graphics, use a slide template, and avoid wordy slidesby focusing on bullet points. Remember, this is an academicpresentation.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.