Question

In: Operations Management

PLEASE ANSWER - Outline the case for a partnership strategy for a software company explain the...

PLEASE ANSWER

- Outline the case for a partnership strategy for a software company explain the benefits of your approach versus an alternative strategy and identify what is the alternative.   

- list the strategies of choosing a partnership for a software company

Solutions

Expert Solution

STRATEGIES FOR CHOOSING A PARTNER BY SOFTWARE COMPANY:

  • A REQUEST FOR PROPOSAL IS CREATED FIRST AND SENT TO DIFFERENT COMPANIES FOR THE RESPONSES. IT SHOULD CONTAIN ALL THE DETAILS TO MAKE THE OTHER COMPANIES UNDERSTAND THE REQUIREMENT WELL.
  • EARLY RESEARCH IS DONE. EVERY DETAIL IS BROKEN DOWN INTO DIFFERENT FUNCTIONS AND DEPARTMENT. A DETAILED DOCUMENTED IS CREATED. THIS PROVIDES MORE CLARITY TO THE POTENTIAL PARTNERS.
  • REFERENCES AND TESTIMONIALS ARE USED AND ANALYZED. ALSO, THE SCENE BEHIND THE CURTAIN IS ALSO ANALYZED. COMPANY EXPERTISE IS LOOKED UPON BY REVIEWING THE PREVIOUS PROJECTS.
  • INQUIRY IS DONE ABOUT THE PAST PERFORMANCES OF THE COMPANY. HOW FAST THEY WERE IN COMPLETING THE PROJECTS AND HOW WELL THEY SOLVED THE PROBLEMS.
  • TRANSPARENT COMMUNICATION IS ESTABLISHED WITH THE OTHER FIRMS TELLING THEM ABOUT THE GOALS OF THE BUSINESS, RESOURCES REQUIRED ETC. THIS HELPS THE OTHERS TO UNDERSTAND THE PURPOSE OF THE PARTNERSHIP WELL.

BENEFITS OF PARTNERSHIP TO COMPANIES AND ALTERNATIVES:

IT HELPS TO REDUCE THE GAP BETWEEN THE KNOWLEDGE AND EXPERTISE OF TWO COMPANIES. THIS FURTHER HELPS TO REDUCE THE COSTS. MORE INVESTMENTS ARE INVITED WHICH HELPS IN THE SMOOTH WORKING. MORE GROWTH OPPORTUNITIES ARE THERE WHEN PARTNERSHIP YIELDS PROFITS. ALTERNATIVES TO PARTNERSHIP CAN BE HIRING THE EXPERT WORKERS, OUTSOURCING, FRANCHISING ETC.


Related Solutions

Outline the case for a partnership strategy for a software company
Outline the case for a partnership strategy for a software company
list the strategies of choosing a partnership for a software company what are the benefits of...
list the strategies of choosing a partnership for a software company what are the benefits of partnership in companies and what are the alternatives ?
Please read the case provided below and answer the following question: COMPANY Case: Porsche: Guarding the...
Please read the case provided below and answer the following question: COMPANY Case: Porsche: Guarding the Old While Bringing in the New Porsche (pronounced Porsh-uh) is a unique company. It has always been a niche brand that makes cars for a small and distinctive segment of automobile buyers. In 2009, Porsche sold only 27,717 cars in the five models it sells in the United States. Honda sold about 10 times that many Accords alone. But Porsche owners are as rare...
This is not case analysis. There is no case to this. Please answer the following questions...
This is not case analysis. There is no case to this. Please answer the following questions for the company Pfizer 1. Find a list of the members of the board of directors for your firm. How large is the board? How many independent (non-employee) members are on the board? Are any women or minorities on the board? Is the CEO also the chair of the board? 2. Who are the largest stockholders of your firm? Is there a high degree...
PLEASE SHOW ANSWER WITHOUT USING EXCEL OR ANY SOFTWARE. NEED DETAILED WORKINGS OF THE ANSWER. PLEASE...
PLEASE SHOW ANSWER WITHOUT USING EXCEL OR ANY SOFTWARE. NEED DETAILED WORKINGS OF THE ANSWER. PLEASE NOTE NO EXCEL Conduct a test of hypothesis to determine whether the block of the treatment means differ. Using the .05 significance level: State the null and alternate hypothesis for treatments State the decision rule for treatments State the null and alternate hypothesis for blocks State the decision rule for blocks Compute SST, SSB SS total, and SSE Complete an ANOVA table Give your...
PLEASE SHOW ANSWER WITHOUT USING EXCEL OR ANY SOFTWARE. NEED DETAILED WORKINGS OF THE ANSWER. PLEASE...
PLEASE SHOW ANSWER WITHOUT USING EXCEL OR ANY SOFTWARE. NEED DETAILED WORKINGS OF THE ANSWER. PLEASE NOTE NO EXCEL The manager of a computer software company wishes to study the number of hours senior executives by type of industry spend at their desktop computers. The manager selected a sample of five executives from each of three industries. At the .05 significance level, can she conclude there is a difference in the mean number of hours spent per week by industry?...
Hello, Please follow and answer the requirement on these question based on the case company which...
Hello, Please follow and answer the requirement on these question based on the case company which is Samsung. a) What is the organizational structure for Samsung Company (centralized or decentralized)? specific case information. (250 words)
may you please draw phasor diagram for each case and explain. the answer will be highly...
may you please draw phasor diagram for each case and explain. the answer will be highly appreciated A 3-phase star- connected alternator has a resistance of 0.5 Ω and a synchronous reactance of 5 Ω per phase. It is excited to give 6600 V (line) on open circuit. Determine the terminal voltage and per unit voltage regulation on full load current of 130 V when the load power factor is a. 0.8 lagging [V=3340V, V.R= 14.1%] b. 0.6 leading [V=4.260...
Please see answer below. Can someone please explain how to get the answer with excel? Company...
Please see answer below. Can someone please explain how to get the answer with excel? Company C is seeking for help to decide this option to choose to upgrade their current bottleneck equipment. There are two vendors and one rental option. The cost details are shown in the table below. Option Vender R Vender T Rental Initial Cost 75000 125000 0 Annual Operation Cost 28000 12000 52000 Salvage Value 0 30000 0 Estimated Life in Year 2 3 Maximum 3...
Please read the below mini case carefully and answer questions. Mini Case: Kristen’s Cookie Company You...
Please read the below mini case carefully and answer questions. Mini Case: Kristen’s Cookie Company You and your roommate are preparing to start Kristen’s Cookie Company in your on-campus apartment. The company will provide fresh cookies to starving students late at night. You have done a preliminary market analysis and are confident that you can charge a price that is high enough to make a good profit, but low enough to maintain reasonable demand. Business Concept Your idea is to...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT