Describe/explain IoT as a tech innovation that is reshaping the infrastructure of cities. Discuss the application of IoT in three service sectors, be sure to include the application groups, locations and devices

Story: The wide lens approach: Fixing the Blindspot

My organization implemented check-in kiosk to eliminate wait time in long lines. However, the problem is that the younger generation uses the kiosk more than the older generation?

The older generation prefers to wait in line. How do we fix the blind spot using Adner Strategy for Innovation?

Adner, R. (2013). The Wide Lens: A New Strategy for Innovation. London; Penguin Books. p. 219-229. ISBN 9781591846291

What would Adner: The Wide Lens author say to fix the problem of the older generation continuing to wait in line and avoiding the use of the kiosk?

1. What are a couple of ways that product development for B2B marketers differs from product development for B2C marketers?

2. Good ideas for innovation can come from customers. What are some of the problems with suppliers working closely with lead users to generate new product ideas?

3. Think about innovation and Internet Service providers. Are there different segments of users? How do Internet Service Providers try to increase sales and profits from these segments using sustaining and disruptive (low-end and new-market) innovations? Give some specifics about the targeted performance and targeted customers for these innovations.

Question 3: The marketing mix and innovation (40 marks, 500 words) IKEA’s marketing strategy consists of market segmentation, targeting, positioning and the marketing mix. IKEA’s marketing strategy enables the company to be a successful player in the global market. Using your B207A course material, evaluate how the innovation in IKEA’s marketing mix elements are used to position the products within the minds of consumers.

Your answer should contain the following: 1- IKEA’s market segmentation and targeting 2- What is positioning. How is it related to the marketing mix? 3- Examples of IKEA’s marketing mix elements and their contribution to brand positioning.

Suppose the IRS imposes a 20% tax on profits. Return to the original situation (200 pairs, 80 price per pair sold, 60 operating cost per pair).

-How much tax is paid?

-What are “Before-Tax Profits,” After-Tax Profits” and “After-Tax ROE?”

-Similar to the in-class example, what are the percentage changes in revenue, taxes, before- and after-tax profits due to a ten percent increase in unit sales?

-Say a weakening macro-economy causes shoe sales to decline to 110. What are “Before-Tax Profits,” After-Tax Profits” and “After-Tax ROE?”

Keep sales at 200 pairs. But labor costs (wages, benefits, pensions) jump to 75/pair from 40. Perform the same calculations. Why is this loss making situation qualitatively different from the above?

A medical researcher believes that a drug changes the body's temperature. Seven test subjects are randomly selected and the body temperature of each is measured. The subjects are then given the drug, and after 30 minutes, the body temperature of each is measured again. The results are listed in the table below. Is there enough evidence to conclude that the drug changes the body's temperature? Let d=(body temperature after taking drug)−(body temperature before taking drug) d=(body temperature after taking drug)−(body temperature before taking drug) . Use a significance level of α=0.02 for the test. Assume that the body temperatures are normally distributed for the population of people both before and after taking the drug.

Temperature (before) 100.2 100.2 100.4 100.4 99.6 99.6 98.8 98.8 98.8 98.8 100.3 100.3 100.7 100.7

Temperature (after) 99.4 99.4 99.7 99.7 100.2 100.2 98.2 98.2 98.5 98.5 99.6 99.6 100.3 100.3

Step 3 of 5 : Compute the value of the test statistic. Round your answer to three decimal places.

A medical researcher believes that a drug changes the body's temperature. Seven test subjects are randomly selected and the body temperature of each is measured. The subjects are then given the drug, and after 3030 minutes, the body temperature of each is measured again. The results are listed in the table below. Is there enough evidence to conclude that the drug changes the body's temperature?

Let d=(body temperature after taking drug)−(body temperature before taking drug)d=(body temperature after taking drug)−(body temperature before taking drug). Use a significance level of α=0.02 for the test. Assume that the body temperatures are normally distributed for the population of people both before and after taking the drug.

Copy Data

Step 4 of 5 :  

Find the p-value for the hypothesis test. Round your answer to four decimal places.

The studies of mutual fund performance cited in the text found that mutual funds typically had ___.

a. about the same returns before expenses and lower returns than benchmark portfolios after expenses

b. higher returns than the benchmark portfolio after expenses

c. lower returns than the benchmark portfolio before expenses

d. roughly the same returns as the benchmark portfolio after expenses

e. None of the above

Goodtime Food Products Ltd. produces processed foods, including pickles, relish, and canned vegetables. The production workers of Goodtime Food Products Ltd. are covered by a collective agreement. In September of this year, the Company terminated Rano, one of the employees in the bargaining unit after an incident in the plant. She had worked for the company for 7 years without incident prior to the day of her dismissal. Rano worked at a packing station monitoring a machine that filled pickle bottles with small cucumbers before they moved to additional processing. Occasionally when there was not enough work, Rano had been moved to another job in the plant inspecting bottles. On the day of the incident, Ed Thomas, her supervisor, decided that another employee should be trained on Reno’s regular job so there would be a replacement available if Rano were absent. Because Rano spoke very little English, Thomas instructed another employee who spoke the same language as Rano, Lucy Battaglia, to tell her to report to the inspection area when she arrived at work. Battaglia was not told the reason for the transfer, just to tell Rano to move. When Rano arrived for work and Battaglia told her she was been taken off of her regular job, she became enraged and swore about Thomas. She then walked a short distance to another workstation where Thomas was speaking to another employee. When Thomas refused to speak with her, Rano pointed at his ears and gestured at Thomas with a pair of scissors suggesting that he didn’t need them as he refused to listen. A few minutes later, Rano spoke to the shop steward. The steward immediately prepared a grievance for her rate of pay as the inspection job paid less than the filling job. When Rano and the shop steward presented the grievance to Thomas in his office, he crumpled it up in front of them and threw it in a garbage can. Thomas then told Rano to get back to work. Fifteen minutes later, Thomas went to the inspection area where Rano was working. Rano became enraged, when Thomas suggested that she make use of the local foodbank to offset her pay cut. She swore at Thomas, picked up a knife that was on a workbench, shouted obscenities and made slashing gestures about three feet from Thomas’ lower body. Thomas left the area. The company discharged Reno later the same day. The union filed a grievance challenging the dismissal. The grievance states that Reno has been “disciplined without just cause” contrary to the provisions of the collective agreement and requests she be “made whole” (reinstated to her job with no loss of compensation or seniority). The dispute has gone through the grievance process, and will now go to arbitration.

Answer the question: 1), At the arbitration hearing, what arguments will be presented by the employer.

on may 1, 2009, The Smitty corporation sold $2,100 worth of "stuff" on credit to Ms. Sally Price. Ms. Price made a payment of $1,000 on september 15, 2009. After numerous unsuccessful collection attempts, the remaining balance of her account was written off on february 5, 2010. on december 31,2010 Ms. Price won big at Seneca bingo and personally delivered a check to repay her $1,000 debt to the corporation. Prepare the appropriate journal entries for the may 1, september 15, february 5 and december 31 activity.