External Analysis (mODULE 2) Industry – global fast-food retailer‚ US based Product segment – burgers‚ French fries‚ nuggets‚ beverages and coffees and cakes in McCafe Current life cycle position in the industry – mature stage TEMPLES Technology (+) – adding technology to make drive-thru‚ ordering and payment processes easier Economic (-) – GFC during 2008-2009 affected US and the rest of the world which led to the declines in consumer wealth and purchasing power‚ and a downturn in economic activity
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1 INNOVATION IN THE INSULIN´S INDUSTRY – MARTIN MEISTER INNOVATION IN THE INSULIN´S INDUSTRY THE ELI LILLY AND PFIZER EXAMPLES Martin Meister Boston University MET AD 741 May‚ 2012 2 INNOVATION IN THE INSULIN´S INDUSTRY – MARTIN MEISTER Introduction The focus of the present paper is to understand why the pharmaceutical companies Eli Lilly and Pfizer failed in the introduction of what was supposed to be priced premium innovative products like the 100% pure synthetic insulin “Humulin”
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Jonow.lau@gmail.com Wednesday 12pm THE DIGITAL PEN Question 1: Technology Evolution Is it an incremental or radical innovation? The innovation of the digital pen that we see today has been incremental over time. Using existing concepts from the traditional pen and combining it with the modern computing platform we use on a day to day basis. Some may argue that the innovation of the digital pen was radical because it provides a fundamentally new concept of being able
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The Market and Technology Pressures of McDonalds® ITC 101 Group Assignment [to explore and gain knowledge in areas concerning Information Technology (IT) impacts on the business operation and development in the digital economy (Turban‚ Chapter 2).] Contents Introduction……………………………………………………………………………………………………3 Market Pressures * Global Economy and Strong competition …………………………………………..4 * The Changing Nature of the Workforce ……………………………………………..5 * Powerful Customers
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Technology innovations in Afghanistan Afghanistan is one of the developing countries situated in Asia‚ the people of this country have faced wars and revolutions many times due to which they were not able to progress rapidly but after year 2000 onwards‚ UN has helped a lot the people of Afghanistan in every sphere specially in the cases of progress and prosperity which also includes the introduction of different kinds of technology innovations. We have many examples just like 3G technology
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exceeding customer expectations‚ including finding ways to add personal touches that go beyond convenient locations‚ quick service‚ clean restaurants and quality products To remain an efficient producer while maintaining quality by looking to innovations in food processing‚ construction and design operations that will increase global profits McDonald’s founding principles Quality‚ Service‚ Cleanliness & Value ( Q.S.C.&V.) Involvement in various community projects like education‚ healthcare
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Advancements in technology have fundamentally changed our personal‚ professional and digital lives over the past decade. It has changed how we share information and how we communicate. True enough‚ technology is strongly linked with innovation; but what is the main difference between innovation and technology? Innovation is mainly the action or process of creating something from the unknown meanwhile‚ technology is the application of the known with the help of machinery and devices. Now‚ we have
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software is used on the vast majority of personal computers‚ Microsoft has had little impact in the fast-growing segments of tablets and smartphones. "Microsoft has clearly been on the wrong track for a long time‚" said Roger Kay‚ analyst at Endpoint Technologies Associates. "Essentially Microsoft missed the shift to high mobility entirely." Microsoft chief executive Steve Ballmer told reporters in a conference call that Windows Phone was "the fastest growing smart platform today‚ growing by 78 per cent
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staff well versed in Customer service skills (hamburger University) Positive company social-image (Ronald McDonald House) Impressive core competencies in franchising and logistics Target market is children and teens Weaknesses Fast Food is viewed by many as poor quality and unhealthy‚ often associated with “cheap and greasy‚” especially the baby boomers who built the brand in the 50’s and 60’s less than 6% of the over 100 item entrée menu is less than 200 calories more than half the entrees are high
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which country‚ they have the same slogan “I’d love it ”make customers feel welcome every time they come in. At the restaurant level‚ McDonald’s is focused on energy conservation‚ sustainable packaging‚ and waste management. We are dedicated to innovation and improving our operations in order to build an even more sustainable‚ environmentally friendly‚ and profitable business. Marketing/Sales – appealing to customers McDonald’s restaurants are found in 196 countries around the world and serve 98
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