discussion post

Instructions

Requirements    Your posts must clearly demonstrate that you completed the assigned readings by drawing upon them in your answers. If you are unable to demonstrate that you completed the readings, you will surely receive a failing grade.    Your initial posts must provide examples in every instance where applicable.#4 discussion : FOCUSED DISCUSSION1.    Explain the differences and similarities between the CIRCULAR FLOW and ENTREPRENEURIAL PROFITS  by providing at least two specific examples so that the differences and similarities are made evident, and it is clear how businesses can be categorized as to whether they are earning entrepreneurial profits or part of the circular flow.2.    If an example of a product category is automobiles and an example of a product form is a convertible, explain and discuss, using an example of your own, the differences and similarities between PRODUCT CATEGORY LIFE CYCLES AND PRODUCT FORM LIFE CYCLES.3.    Explain and discuss what TECHNOLOGY is and how the definition of technology may have changed over the years. If there have been changes in our understanding of technology, have they been positive or negative, and useful or not useful.4.    Identify and describe a CURRENT TECHNOLOGY such as nanotechnology, information technology, carbon capture and information storage technology, semiconductor manufacturing technology, solar technology, Bar Code technology, biomass technology, nuclear energy technology (fission - fusion), Radio Frequency Identification (RFID) technology, etc. (Each student should try to research a different technology or identify additional aspects of technologies that have already been discussed in this week's forum.). Then, identify how your selected technology relates to the DEFINITION OF TECHNOLOGY in this weeks readings.5.    Clearly define the concept of CREATIVE DESTRUCTION and describe a recent example in which creative destruction is evident. How might a current product and organization attempt to avoid the influence of Creative Destruction and explain why such avoidance would be important?#5 discussion :FOCUSED DISCUSSION1.    Itemize and discuss ORGANIZATIONAL STRUCTURES  in terms of how they are related to ORGANIZATIONAL INNOVATION and the degree to which these organizational structures appear to inhibit or assist innovation.  Provide at least one example that demonstrates how organizational structures are related to organizational innovation.2.    Itemize and discuss the various types of NEW PRODUCT DEVELOPMENT (NPD) Teams  and explain how various types of teams can impact the process of innovation.  Provide at least one example that demonstrates how NPD teams impact the process of innovation.3.    Provide and discuss how the DEGREE OF INNOVATIVENESS of an organization might be measured.  Provide at least one example that demonstrates  an organizations' degree of innovativeness.4.    Provide and discuss the concepts of ENTREPRENEURIAL AND CONSERVATIVE  firms, and provide at least one example of each type of organization and why you classified  each organization in the manner you did.5.    Select an organization in which the DUAL-CORE THEORY  of innovation appears to exist, how the Dual Core theory of innovation manifests itself, and where the Dual Cores are located in your selected organization.

Answer

#4 DiscussionsDifferences and similarities between the Circular Flow and Entrepreneurial ProfitsThere are similarities and differences between the Circular Flow Income and Entrepreneurial Profits. To begin, both Circular Flow and Entrepreneurial profits are recognized by the businessperson in the books of accounts. The recognition is a requirement by the accounting regulatory bodies and stakeholders of the business. The other similarity between the Circular Flow profits and Entrepreneurial Profits is that they are important in the measurement of the performance of the business. The differences between the two incomes are in their definition. Circular Flow income is the earnings made by the company, which is then useful in the payment of workers in the company. The human resources then purc...

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