Suppose you are running a indoor bike parking. Discuss the aspect of “modularity” in conjunction to your market analysis ? How can having this dimension in your analysis benefit current and future customers?
The term modularity is used to describe the use of common units to create product variants. It aims at the identification of independent, standardized, or interchangeable units to satisfy a variety of functions. With wide-ranging overall functions, the partitioning of the product into function oriented modules is important, while with a small number of overall function variants, a production-oriented resolution is the paramount consideration. Function modules help to implement technical functions independently or in combination with other functions. Production modules are designed independently of their function and are based on the production based consideration alone
While doing market analysis based on the our product, three categories of modularity have been defined and can be used in company market analysis
• Component-swapping modularity occurs when two or more alternative basic components can be paired with the same modular components creating different product variants belong to the same product family.
• Component-sharing modularity is the complementary case to component-swapping modularity. With various modular components sharing the same basic component create different product variants belonging to different product families.
• Bus modularity is used when a module with two or more interfaces can be matched with any number of the components selected from a set of basic components. The module interfaces accept any combination of the basic components. Bus modularity allows variation in the number and location of the basic components in a product while component-swapping and component sharing modularity allows only variation in the types of basic components.
By adding this dimension in our analysis can benefit current and future customers in following ways:
Suppose you are running a indoor bike parking. Discuss the aspect of “modularity” in conjunction to...
Discuss some of the characteristics of a “High-Performance culture”. How will you incorporate this type of culture into your business plan (i.e indoor bike parking)? Discuss some aspects of your indoor bike parking (in terms of its structure) that will be mandatory for your new venture to succeed. How can you create a shared vision and culture of “Teamwork and Success”? (your answer most be in 200 words)
Suppose you are running a business and thinking to enter the monopoly market. As per your calculation, you can make a profit by keeping your product price 20% less than the monopolist. Explain, how the monopolist might react to stop you to enter the business?
2. Suppose Tony is deciding on buying an expensive road bike. There are three periods: Period 0 Tony decides to buy or not to buy the bike. The cost of the bike is equal to P utility units. (uo(buy) --P) Period 1 If Tony has bought the bike, then he has to decide if he is going out for a ride. If he goes for a ride, then his effort generates a utility cost of E units of utility. (111(ride)...
In your initial posting, suppose you were asked to study some aspect of job performance at either your current or past job. What would be the variables you would study? How would you measure your variables ensuring reliability and validity? What challenges are there in measuring your variables in such a way as to gather meaningful data that makes sense? Include also any questions you might have about topics covered this week.
Discuss how you can apply the concepts of public policy to your current or future career. How might the lessons you have learned positively impact your career success?
Discuss how you can use Quality Function Deployment (QFD) to capture voice of customers at your current job. If currently not working, apply the technique on personal relationships. I'm currently not working...
You are a top executive in your corporation. After careful consideration, you were selected to work on a project to use MIS to change the way business is run. You will be responsible for researching the practices in your industry, identify the strengths and weaknesses of the industry, and make an innovative plan to use MIS to improve on current practices Your report MUST include the following side headings: • History and Background (provide detailed information about the industry, past...
Read and discuss the following scenario found on page 250 (LO 7-3) in your textbook: In a WORD document, please complete the below actions: Create a visual representation of the current structure. You can use the tools in WORD or create it in an EXCEL spreadsheet. Please use level-headings to clearly identify each step. Discuss ways in which you can improve how the current functional structure operates so that it speeds website development. Create a visual representation. Please demonstrate...
(Python) Suppose you are a bike shop owner who put together bikes free spare parts. Your customers come to you with parts they've legitimately) found in their pares, from scrap metalhes, ceand they ask you to build them all the bikes you can make with the parts they give you You build the bikes, charge them a big pile of money for the privilege, and keep the leftover parts for yourself It takes the following parts to create one bicycle...
Question: Using the idea you have chosen for your project, describe how you will evaluate the success of the new product or service and its branding. Suggest process(es) outlined in the text and explain what feedback loops will occur. My answer: My idea is that Coca Cola Company should launch ready to drink tea in the Indian market. There are a few processes that can be used to implement to evaluate the success and failures of this product in the...