Case Study a). Go through the Case Study on page 67(All Case Studies are available in your textbook “Management Information Systems”). b). Once you have completed the case study please answer all questions relating to the case study‚ which are located at the end of each case study. 1. How can Second Life provide value to businesses that use it? Second Life can be a birthing ground for new industries and transform business‚ commerce‚ marketing and learning the same way that the Web did in
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Second Life Case Study Questions/Answers CASE STUDY QUESTIONS QUESTION 3 There are several ways to start up business in an online virtual server. Second Life as of now harbored few to many online companies that does business online as a form of advertising or even setting up their virtual business inside the server by buying up “lands” in the so called “Grid” world. Of course‚ to do that‚ you have to buy the virtual “land” to start up the virtual business by subscribing to the premium membership
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Royal Dutch Shell- (RDS) Answer Guidelines: Q1. Discuss Hofstede’s cultural dimensions and how they impact Royal Dutch Shell in doing business abroad. Define culture: “culture is shared‚ learned values‚ norms of behaviour‚ means of communication and other outward expressions which distinguish one group of people from another”‚ or the collective programming of the human mind Main two theorists in Culture- Hofstede as the main and Trompenaars relational dimensions Dimensions are: Power distance
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Is Second Life Ready for Business? 1. How can Second Life provide value to businesses that use it? Second Life can provide value to businesses in four ways: by offering support to essential business functions‚ offering a low-cost platform to conduct meetings of workers and customers‚ increasing brand image‚ and as a recruiting platform for new employees. The program can offer support to important business functions like customer service‚ product development‚ training and marketing. For all these
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What is Second Life? Virtual Second life Benefits in Shell. Second Life is an online 3D virtual world‚ established by Linden Lab from California it was launched on June 23‚ 2003. Over the years Second Life has over 1.5 million users. Anyone can visit and login free to Second Life and create their personas (avatar). Second Life gives companies options to create virtual workplaces to allow employees to virtually meet‚ hold an event‚ practice any kind of communications‚ conduct training in 3D virtual
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SAMPLE CASE ANSWER 2. Calculate the expected rate of return on each of the four alternatives listed in Table 1. Based solely on expected returns‚ which of the potential investments appears best? The expected return is the weighted average of the estimated returns in the different states of the world‚ where the probabilities of each outcome are the weights. Each outcome is multiplied by its probability and all products are then summed together. Expected Return can be calculated with the
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The Use of Second Life in Business Abstract Second Life and other virtual worlds like it are quickly becoming one more in an arsenal of mainstream applications that business are using to gain an edge on their competitors. However‚ since virtual worlds are still in the infancy stage‚ the ways that companies can best use them to further their goals is still under development. This paper takes a look at how businesses are using virtual worlds in the areas of brand and service expansion‚ virtual human
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200083 Marketing Principles‚ Autumn 2014 Sample structure of answers to an essay question Sample question What is stress interviewing? Do you think it is justifiable that sales managers use stress interviewing in recruiting salespersons? Suggested answers A stress interview is a technique designed to put job candidates under extreme‚ unexpected‚ psychological duress for the purpose of seeing how they react. For example‚ a job candidate might be asked to make an impromptu sales presentation
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Sample answer 1） Malaysia is a multi-cultural country. Malays‚ chinese‚ Indians and many other ethnic groups have lived together in Malaysia for generations. All these cultures have influenced each other‚ creating a truly Malaysian culture. The largest ethnic groups in Malaysia are the Malays‚ chinese and Indians. Due to the exists of the different ethnic groups in Malaysia‚ a good communication between different races is very important in Malaysia. Therefore‚ the evolution of communication technology
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Memo 1: “Is the Rookie Ready?” This dilemma Tim has put himself in was a mistake for many reasons. When Hybara called back to become a client of Driscoll‚ Tim should had let them know of a more reasonable time frame. If they resisted‚ just let Hybara know that it takes time to set up a proper system that will not fail. Also Tim should have taken some time to check with the companies executives to see if this is a project worth taking on and if it is achievable in the time frame available. Of
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