2128IBA Business Processes Study Guide for Final Exam Preparation Key Concepts – Multiple choice. The impact of competition of value generation. * Some firms have natural competitive advantage * Geographical proximity to inputs‚ e.g. steel/coal * Legislated monopoly‚ e.g. NTT DoCoMo * Intellectual Property ownership‚ e.g. Apple Computers * Other firms must create CA through * Added value‚ e.g. product attributes * Lower production costs‚ e.g. fit
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CHAPTER 1 INTRODUCTION 1.1 BACKGROUND Creativity: Creativity (or "creativeness") is a mental process involving the generation of new ideas or concepts‚ or new associations of the creative mind between existing ideas or concepts. From a scientific point of view‚ the products of creative thought are usually considered to have both originality and appropriateness. An alternative‚ getting more popular everyday is the conception of creativity is that it is simply the act of making something
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1.2 Explain the key concepts of Hauora Key concepts Explanation of the key concepts of Hauora Whakapapa Whakapapa is characterized as the genealogical drop of every single living thing from the god to the present time. Whakapapa builds up the character of an individual and helps them to illuminate themselves and their association with others. Every single living thing including rocks and mountains are accepted to have whakapapa. It is additionally characterized as a reason for the association
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is the innovation concept. The innovation concept is the development of new disciplines and practices within the frame work of the concept. Entrepreneurs bring about innovation through opportunities that are caused by change. Technology innovation‚ processes innovation‚ service innovation and product innovation are some of the ways that the opportunities within the innovation concept can be found. Each of these ways of finding opportunities happen in different ways. Technology Innovation: The
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Technovarion‚ 14( 1) (1994) 7-16 A conceptual technological management Mushin Lee and Kiyong Om framework innovation of Korea Advanced Institute of Science and Technology (KAIST)‚ Department Management and Policy‚ 373-l Kusong-dong‚ Yusong-gu‚ Taejon 305-701‚ Korea of South Abstract J. T. Chiang argues that studies in technological innovation management are not mature enough in terms of (I) the conceptual categories‚ (2) the interrelationships and (3) the taxonomy of relevant
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Creativity in the Organization Abstract (150 words) The purpose of this article is to discuss why creativity in the organisation is important for the next generation manager and how it could impact on the future of a business. This paper also highlights the challenges‚ importance of creativity‚ how management can address these in the future business environment in the next 5-10 years and to focus on how future managers affect creativity through their efforts to nurture a work climate that
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Creativity by Carlos Soto Albert Einstein once said‚ “The secret of creativity is knowing how to hide your sources”. Creativity is always the base and most importantly the start of something big and interesting when we try to create or build projects. Not every one is fortunate of possessing creativity‚ because it involves several disciplines: psychology‚ philosophy‚ cognitive thinking‚ education‚ theology‚ sociology‚ etc. Creativity is a phenomenon is which something new‚ valuable‚ and useful
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Creativity And Me: The Tool To Success In the words of Robert E. Franken‚ “Creativity is defined as the tendency to generate or recognize ideas‚ alternatives‚ or possibilities that may be useful in solving problems‚ communicating with others‚ and entertaining ourselves and others”. The force of imagination and thought wheels out creativity in a person; it can be his writing skills‚ power of his brush reflected and portrayed on canvas‚ his experimentation in nuclear science‚ aeronautical science
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preserves (achars) are used to substitute the lack of fresh vegetables and fruits. Tamilian food uses a lot of tamarind to impart sourness to a dish‚ whereas Andhra food can be really chili-hot. It is believed that a hot and spicy curry may be one of the best ways to combat the flu virus! From‚ ancient times Indian food has been on principle‚ divided into the Satwik and Rajsik kinds. The former was the food of the higher castes like the Brahmins and was supposed to be more inclined towards spirituality
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The Importance of Creativity In today’s world‚ creativity is particularly desired. Creativity is a fundamental factor and is an important aspect for the continued success of any prosperous corporation. Most of the major corporations today have maintained their creativity and encourage their employees to be creative in order to survive the ever changing global economy. “In the past‚ creative individuals in a society were at best a mixed blessing-disdained‚ discouraged‚ even destroyed at the time
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