BUSN 412 Week 7 Managing Innovation, Fostering Corporate Entrepreneurship – You Decide (DEVRY)

BUSN 412 Week 7 Managing Innovation, Fostering Corporate Entrepreneurship – You Decide (DEVRY)

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Scenario, Your Role, Key Players

You are Betty. Based on the scenario above you should:

  1. Explain to the bank exactly what is occurring at EZ.
    b. Say nothing and continue the status quo.
    c. Talk to Ryan and explain your concerns.
    d. Give hints to the bank about EZ’s situation.
    e. Attempt to cover up the problems and stall the bank’s auditors.

Activity

In Week 7, work with your team, compose a 2-3 page team paper based on each of your individual answers describing what, ethically speaking, you would do if faced with this scenario.

Submit only one team paper to the Week 7 Assignments Dropbox located on the silver tab at the top of this page. For instructions on how to use the Dropbox, read theseStep-by-Step Instructions or watch thisDropbox Tutorial.

See Syllabus/”Due Dates for Assignments & Exams” for due date information.

Grading Rubric:

Category

Points

Description

Understanding

60

Demonstrate a strong grasp of the problem at hand. Demonstrate understanding of how the course concepts apply to the problem.

Analysis

60

Apply original thought to solving the business problem. Apply concepts from the course material correctly toward solving the business problem.

Execution

20

Write your answer clearly and succinctly using strong organization and proper grammar. Use citations correctly.

Total

140

A quality paper will meet or exceed all of the above requirements.

BUSN412 – Week 7 You Decide Transcript

Scenario

Betty King is the new controller at EZdot.com. The previous controller was fired for “incompetence.” Ezdot.com has some severe cash-flow problems that have become exacerbated by the recent acquisition of another firm. The financials of both EZ and the other firm are as clear. The new company has 450 employees that have a “can do” attitude. EZ’s bank is seriously concerned about the company’s viability. Betty discovers that her new boss, Ryan Roberts, who is EZ’s president and major shareholder, is holding a substantial amount of checks from customers in his desk without telling her. Ryan also plays with the firm’s float on a daily basis. (Float is the money that is used on a day-to-day basis for operations.) It’s close to tax time. The bank wants to know what is occurring and has a meeting with Betty today.

Your Role

You are Betty King. Based on the scenario, you should:

  1. Explain to the bank exactly what is occurring at EZ.
  2. Say nothing and continue the status quo.
  3. Talk to Ryan and explain your concerns.
  4. Give hints to the bank about EZ’s situation.
  5. Attempt to cover up the problems and stall the bank’s auditors.

Key Players Key Players

Text for Audio Recording

Ryan Roberts President

Yes, I am holding a substantial amount of checks from customers in my desk, but what’s the problem with this? I’m the president and a major shareholder, so I don’t think this should be a big concern for you.

John Smith Banker

It seems as though someone at EZ is playing with the firm’s float on a daily basis. This is the money that is used on a day-to-day basis for operations. We have some concerns here at the bank and want to get to the bottom of this at our meeting today.

Activity:

Write a 2-3 page paper describing what, ethically speaking; you would do if faced with this scenario.

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BUSN 412 Week 7 Creative Concepts

BUSN 412 Week 7 Creative Concepts

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BUSN 412 Week 6 Quiz (DEVRY)

BUSN 412 Week 6 Quiz (DEVRY)

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  1. Question

Technical Computer Graphics uses small project teams and forms alliances with its teams, customers, and suppliers to accomplish projects. This is an example of ________________

combining forms of organizational structure.

outsourcing.

horizontal systems and processes.

democratic management control.

  1. Question

Organizations generally tend to become internally focused when faced with:

Resource scarcity

Declining performance

External pressures

All of the above

  1. Question

All of the following except ___________ can be considered tools and techniques used to achieve effective coordination and integration of key activities in an organization.

communications and information technologies

horizontal organization structures

horizontal systems and processes

horizontal diversification

  1. Question

When______________, effective ambidextrous organizations have alignment.

there is a clear sense of how value is being created in the short term and how activities are properly integrated and coordinated

employees are rewarded according to both profit and sales growth

managers are focused on growth opportunities

divisional-level goals are consistent with overall corporate goals

  1. Question

Effective ambidextrous structures, according to a study by O’Reilly and Tushman, had all of the following attributes except:

Managerial efforts were highly focused on revenue enhancement

Cross-fertilization among business units

A clear and compelling vision

Established units were shielded from the distractions of launching new businesses

  1. Question

It can be said that managers, when faced with ethical crises, should:

Student Answer: Take the initiative to address the problem

Focus on issues most relevant to stockholders

Wait for the other party to make the first move

Cover up as much as possible

  1. Question

___________________is the only statement about ethical organizations that is false.

“Ethical values shape the search for opportunities”

“Organizational ethics define what a company is and what it stands for”

“The potential benefits of an ethical organization are few but direct”

“Ethics provide a common frame of reference that serves as a unifying force”

  1. Question

Proactive measures to prevent organizational ethics problems include all of the following except:

Student Answer: Instituting a reward system which considers outcomes as its primary criterion.

Using leaders as role models of ethical behavior.

Issuing statements describing the organization’s commitment to certain standards of behavior.

Using the organization’s information systems as a control system.

  1. Question

The statement “__________________” would least likely be found in a corporate credo.

Provide secure and stable employment for employees.

Establish an environment that enhances professional growth.

Support community organizations and projects.

Maximize financial benefits for stakeholders.

  1. Question

All of the following are elements of the Goolsby Leadership Model except:

Integrity

Charisma

Courage

Impact

  1. Question

Briefly discuss three interdependent activities that are critical for effective leadership.

BUSN 412 Week 5 Southwest Airlines – Case Analysis (DEVRY)

BUSN 412 Week 5 Southwest Airlines – Case Analysis (DEVRY)

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This week you will write a paper on Southwest Airlines (Textbook Case 27). Read the case first. In order to assist you in writing your case analysis,

there are links to two Word documents that should be downloaded. The first link is to a case analysis report outline and grading guide. This guide should

be followed exactly if you want a maximum score on your case analysis. The second Word document is a sample paper.

BUSN 412 Week 5 Quiz (DEVRY)

BUSN 412 Week 5 Quiz (DEVRY)

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  1. Question :

In consideration that the “traditional” approach to strategic control is sequential, the following is not one of the steps in the sequence.

Strategies are formulated and top management sets goals.

Action plans are submitted by lower level managers.

Performance is measured against the predetermined goal.

Strategies are implemented.

  1. Question :

The primary drawback of “traditional” strategic control systems is:

They are only appropriate when the environment is stable and simple.

Goals and objectives cannot be measured with a high level of certainty.

They lead to complacency.

They lack the flexibility needed to adjust to changes in the environment.

  1. Question :

The following is true for businesses facing complex and turbulent business environments:

Complacency about predetermined milestones can prevent adaptability

Detailed plans are needed to maintain order

Goals and objectives that are uncertain prevent opportunism

Traditional strategic controls are usually inappropriate

  1. Question :

Contemporary approaches to strategic control rely primarily on:

Feedback controls

Single-loop learning

Double-loop learning

Comparative learning

  1. Question :

Our text states that informational control systems ask:

Is the organization “doing the right things”?

Is the organization “doing things right”?

Are rules and regulations being followed as information is processed?

Is the organization’s environment a necessary and sufficient condition for success?

  1. Question

All of the following are examples of strategic actions a firm might take except:

Acquiring competitors to reduce competition

Expanding into neglected markets

Changing product packaging

Tying-up raw material sources

  1. Question :

The best example of a tactical action that a company might use in response to a competitive attack is to:

Acquire the competitor

Target the rival’s markets

Expand into new geographical areas

Offer price discounts and rebates

  1. Question :

The following is not a factor that affects how a competitor will respond to a competitive attack:

The degree of market power and reputation of the company that initiated the attack

The resources which are available for a firm to respond

How dependent the competitor is on that industry or particular market segment

The stock market reaction to the initial competitive attack

  1. Question

A situation where a company has a high concentration of its business in a particular industry’s market can be referred to as:

Market dependence

Resource similarity

Actor’s reputation

Competitor’s resources

  1. Question

The following argument is an example of ________________: A firm is considering a large price cut on its leading product as a way to gain market share. One executive strongly disagrees with the price cut and states, “We are in the same marketplace as our rivals, and we do not have any competitive advantages in our cost structure. If we cut prices, our competitors will likely do the same. The end result is that we will all make less money.”

a hardball strategy whereby competitive actions are not undertaken without a clear advantage

a weakness strategy that leads a company into constant decline

a strategy of forbearance

a strategy of co-opetition

  1. Question :

What is the role of opportunity recognition in the new venture development process?

BUSN 412 Week 4 Quiz (DEVRY)

BUSN 412 Week 4 Quiz (DEVRY)

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  1. Question :

A major trend in international developments includes:

Greater international trade and operations

A growing recognition of an international managerial perspective

A large increase in international investment

All of the above

  1. Question :

It can be said that the reasons that explain why some governments make better use of the inflows from foreign investment and know-how than others include all of the following except:

Sound management of broader economic factors such as interest rates and inflation

Governmental practices that are business-friendly

Local entrepreneurs that can train workers and invest in modern technology

High tariffs and taxes on foreign investors and multinational corporations provide income to improve living conditions

  1. Question :

The framework that Porter devised considers all of the following factors that affect a nation’s competitiveness except:

Policies that protect the nation’s domestic competitors.

Factor conditions

Demand characteristics

Related and supported industries

  1. Question :

When conditions of __________ consumer demand, __________ supplier bases, and __________ new entrant potential from related industries are evident, rivalry is intense in nations.

strong; strong; high

weak; weak; low

weak; weak; high

strong; strong; low

  1. Question :

According to Michael Porter, firms that have experienced intense domestic competition are ____________.

unlikely to have the time or resources to compete abroad.

most likely to design strategies aimed primarily at the domestic market.

more likely to design strategies and structures that allow them to successfully compete abroad.

more likely to demand protection from their governments.

  1. Question :

It is true that there is a tremendous allure to __________. This is because it is considered the big play, the dramatic gesture, since with one stroke of the pen you can add billions to size, get a front page story, and create excitement in markets.

differentiation strategies

strategic alliances and joint ventures

mergers and acquisitions

internal development

  1. Question :

When a firm offers to buy shares of their stock from a company (or individual) planning to acquire their firm at a higher price than the unfriendly company paid for it, this antitakeover tactic is called (a) __________ .

greenmail

poison pill

golden parachute

scorched earth

  1. Question

An antitakeover tactic in which existing shareholders have the option to buy additional shares of stock at a discount to the current market price is called____________.

greenmail

a poison pill

a golden parachute

scorched earth

  1. Question :

The term “golden parachutes” refers to:

A clause requiring that huge dividend payments be made upon takeover

Financial inducements offered by a threatened firm to stop a hostile suitor from acquiring it

Managers of a firm involved in a hostile takeover approaching a third party about making the acquisition

Pay given to executives fired because of a takeover

  1. Question

Which one of the following is not considered an antitakeover tactic?

Poison pills

Greenmail

Golden parachutes

Golden handcuffs

  1. Question

Related diversification has what primary benefits and risks associated with it?