"because the purpose of business is to create a customer, the business enterprise has two--and only two--basic functions: marketing and iinovation.marketing and innovation produce results; all the rest are costs. marketing is the distinguishing, unique function of the business" Peter Drucker

1-draw a conceptual framework that determines the relationship between variables (dependent, independent, intervening, moderating)

As a result of winning the Gates Energy Innovation Award, you are awarded a growing perpetuity. The first payment will occur in a year and will be for $2,685. You will continue receiving monetary awards annually with each award increasing by 4% over the previous award, and these monetary awards will continue forever. If the appropriate annual interest rate is 8.08%, what is the present value of this award?

Problem 1

a.) Is everybody made worse off by an increase in interest rate?

b.) Can you think of any financial innovation in the past ten years that has affected you personally? Has it made you better off or worse off? Why?

c.) What effect might a fall in stock prices have on business investment?

1. Given a concave production function showing output per worker on the vertical axis and capital equipment per worker on the horizontal axis as shown below

           What would be the effect, on the production function, of technological innovation that improves the capital equipment available to the workers? Briefly comment on the implications of such technological innovations for continued improvements in living standards in the long-run?

1. You are a manager in a Retail apparel firm operating in six cities in GCC area. You have been thinking of expanding your business to other countries. Identify one country where you want to expand your business and discuss the changes that you would like to have focusing on creativity and innovation in the newly identified location.

An external factor that has had a great impact on our workforce is the need to consider diversity and inclusion. We must ensure that we maximise the potential of all employees. Explore how we can enhance productivity and increase innovation while considering employee wellbeing. Address the challenges of bias and prejudice on achieving the most effective outcomes.

How would you apply the assessment-training-evaluation cycle as related to culturally competent services in criminal justice agencies. Also, Provide an example of how you would implement this process in an agency.

How has technology and innovation impacted the criminal justice system?

What future technological innovations may impact the criminal justice system?

Conventional thinking in product development has been that innovation starts in advanced
developed countries like the United States and Japan. Products marketed in
countries where the average income is much lower often are older models of U.S. products
or used but still serviceable equipment. Several U.S. multinational companies have
established R&D labs in India and China. Originally this was to take advantage of the
large number of well-educated engineers who could be employed at salaries much lower
than the going U.S. rate, but soon it was found that these engineers were adept at developing
products for sale to the mass markets in these local countries. Typically these are
products with somewhat reduced functionality, but they still are useful quality products.
Now these U.S. companies are beginning to market these products in the United States
as a low-cost product line that is attractive to a new low-end market segment.
Search the business literature for examples of this new approach to trickle-up product
innovation. Discuss advantages of this new approach to product development and discuss
possible risks.