Disrupting the Oil and Gas Industry with Blockchain Technology:Discuss?
Category: Business
What integral skills in the OD field are transferrable to your own career path?Is the OD field something you would consider as a career path?
Organizational Development Field
As you prepare the final journal entry, ponder the following thoughts:
Is the OD field something you would consider as a career path?
If yes, why?
What intrigues you about the OD field?
What strengths do you bring to the table?
If no, why?
What sways you away from the OD field?
What integral skills in the OD field are transferrable to your own career path?
Why do you think these practices are unethical using one of the ethical theories in your toolkit?Are you surprised or alarmed that so much of your personal data is available in this ecosystem?
Ethics
A Brief History of How Your Privacy was Stolen
Grindr and OkCupid Spread Personal Details, Study Says
Do you find any of these particular practices to be ethically questionable? What are those practices?
Why do you think these practices are unethical using one of the ethical theories in your toolkit?
Are you surprised or alarmed that so much of your personal data is available in this ecosystem?
Do you think the system ought to be changed to eliminate these practices and, if so, what changes would you suggest?
How well do they understand their target customer? What mechanism do they have in place to ensure that they are aware of how they create value for their customer?
CW1 Summarise your business idea so that it has a real impact on a potential investor, client, or other stakeholder
This section is all about explaining the need you wish to meet and the problem that you are proposing to solve. You need to demonstrate that there is likely to be demand in the market for your product/service or project. You need to identify who your target customer is, and why they need what you are proposing. You need to point out how your business idea prioritises and creates the value that your target market requires. By doing that you are expected to outline at least three examples of value your solution offers.
Is the solution you provide for individuals or organisations? What are their characteristics? How many possible customers are there? Will the people or organisations who pay for the service or product be the same ones who use it? (For instance, university services are partly paid for by the government or the university, but they are used by students.) Finally, in the market, are there several different kinds of customers and needs (segments)?
The key questions you should answer are:
What is the need being addressed or problem being solved?
Whose problem or need is it, and what do customers value?
What size is your target market?
Are your customers the ‘end users’? If not, who is?
How have you ‘segmented’ your market?
The key questions to answer here are:
Who are your main competitors?
How well do they understand their target customer? what mechanism do they have in place to ensure that they are aware of how they create value for their customer
Why are they not solving the market need that you have identified already?
What are the ‘substitute’ products/ services to yours?
How well do they understand their target customer? What mechanism do they have in place to ensure that they are aware of how they create value for their customer?
Identify another recent business takeover of your choice (from any sector). Outline the case and explain why there may have been different issues in that case and hence different assumptions made in their business valuation
Strategic Investment Appraisal
Explain your methods and justify your assumptions for forecast performance under new ownership. You should append 2 screenshots from a spreadsheet model (results & formulae) to your report – 30 marks
Identify another recent business takeover of your choice (from any sector). Outline the case and explain why there may have been different issues in that case and hence different assumptions made in their business valuation – 15 marks
What kind of summarising, media, and design of the report would be needed to disseminate the outcomes properly and most effectively. Who could be partners in public organisations, NGOs, associations, or industry? (about 200 words).
Business Research Methods
Briefly explain who and why may be the right audience for implementing the potential findings from the suggested research (about 200 words).
3.2 Communication of research
Reflect what kind of summarising, media, and design of the report would be
needed to disseminate the outcomes properly and most effectively. Who
could be partners in public organisations, NGOs, associations, or industry?
(about 200 words).
Identify tutor feedback points on your original work and identify where/how the resit work has changed (give page number) in response to feedback
Identify the lessons you have learnt from doing the resit
What would be the assessed value of a medical office building with a floor area of 3500 sq. ft., 2 offices, that was built 15 years ago? Is this assessed value consistent with what appears in the database?
Regression Modeling
Construct a scatter plot in Excel with FloorArea as the independent variable and AssessmentValue as the dependent variable. Insert the bivariate linear regression equation and r^2 in your graph. Do you observe a linear relationship between the 2 variables?
Use Excel’s Analysis Tool Pak to conduct a regression analysis of Floor Area and Assessment Value. Is Floor Area a significant predictor of Assessment Value?
Construct a scatter plot in Excel with Age as the independent variable and AssessmentValue as the dependent variable. Insert the bivariate linear regression equation and r^2 in your graph. Do you observe a linear relationship between the 2 variables?
Use Excel’s Analysis ToolPak to conduct a regression analysis of Age and Assessment Value. Is Age a significant predictor of AssessmentValue?
Construct a multiple regression model.
Use Excel’s Analysis ToolPak to conduct a regression analysis with AssessmentValue as the dependent variable and FloorArea, Offices, Entrances, and Age as independent variables. What is the overall fit r^2? What is the adjusted r^2?
Which predictors are considered significant if we work with α=0.05? Which predictors can be eliminated?
What is the final model if we only use FloorArea and Offices as predictors?
Suppose our final model is: AssessedValue = 115.9 + 0.26 x FloorArea + 78.34 x Offices
What would be the assessed value of a medical office building with a floor area of 3500 sq. ft., 2 offices, that was built 15 years ago? Is this assessed value consistent with what appears in the database?
What is the slope? What does the slope tell us?Is the slope significant? What is the intercept? Is it meaningful?What is the value of the regression coefficient,r? What is the value of the coefficient of determination, r^2? What does r^2 tell us?
Week 5 Discussion
Respond to the following in a minimum of 175 words:
Models help us describe and summarize relationships between variables. Understanding how process variables relate to each other helps businesses predict and improve performance. For example, a marketing manager might be interested in modeling the relationship between advertisement expenditures and sales revenues.
Consider the dataset below and respond to the questions that follow:
Advertisement ($’000) Sales ($’000)
1068 4489
1026 5611
767 3290
885 4113
1156 4883
1146 5425
892 4414
938 5506
769 3346
677 3673
1184 6542
1009 5088
Construct a scatter plot with this data.
Do you observe a relationship between both variables?
Use Excel to fit a linear regression line to the data. What is the fitted regression model? (Hint: You can follow the steps outlined in Fitting a Regression on a Scatter Plot on page 497 of the textbook.)
What is the slope? What does the slope tell us?Is the slope significant?
What is the intercept? Is it meaningful?
What is the value of the regression coefficient,r? What is the value of the coefficient of determination, r^2? What does r^2 tell us?
Use the model to predict sales and the business spends $950,000 in advertisement. Does the model underestimate or overestimates ales?
Discuss how a product’s pricing is impacted by a combination of such external factors as the macroeconomic environment, government actions, and competitive activities, as well as a company’s own internal cost structure
You should include the following items in 750-1000 words:
Discuss how a product’s pricing is impacted by a combination of such external factors as the macroeconomic environment, government actions, and competitive activities, as well as a company’s own internal cost structure
Explain the social, economic, and technological environment during the disruption. What distinguishes between the winners and the losers from the disruption?
Creative Destruction
Choose one of the examples above. Explain the social, economic, and technological environment during the disruption. What distinguishes between the winners and the losers from the disruption? Be specific as to costs, expertise, organizational flexibility, strategy, risk management, etc.
Note that this project is graded using the Minor Project(MBA 610).