Category: Business

Identify the most suitable process for managing innovation in a changing external environment. You must consider the following processes and briefly describe all four processes before you offer your recommendation: Stage-gate Agile Lean Discover-iterate-pivot Management of innovation is a challenge to an organization if not properly implemented. There is three process management that the organization can…

One of the risks that TransGlobal Airline is facing is competition. There is stiff competition in its market, and it is running some of its operations. Other airline organizations are offering the same services as TransGlobal Airlines. Therefore, the effects lead to other internal risks such as change adoption. Some efforts are being implemented to…

Creating a Communication Strategy When a commercial airliner disappears in mid-flight, the airline has difficulties trying to describe what transpired to the mainstream press, the general public, and the family members and companions of the travelers onboard. There is also a slew of conspiracy concepts about what occurred to the aircraft. At this point, no…

Rubber In the Dough 5-Whys tool to identify the root cause(s) Five whys (also known as 5 whys) is an iterative interrogative approach that is used to investigate the cause-and-effect linkages that are at the root of a certain situation (Perry & Mehltretter, 2018). The fundamental purpose of the approach is to uncover the core…

Context and Culture Risk communication involves the interchange of details from specialists or reliable officials to the general public on the occasion of a scenario that puts society’s well-being at risk. On the other side, crisis communication involves a company sending details in an effort to save its product line or prestige (Juneja, 2015). Risk…

The admission and expense trends are negatively affected by the outliers in the third percentile. They are above the average line from both the admissions and expenses from the trend. It is an indication that there is an increase in the number of patients admitted to the health care facility. However, the number of beds…

Business Environment Analysis Political Factor One of the political factors that can affect the business company environment is government stability. The government has the mandate of controlling the increase and decrease in taxes for business operations. In a situation with instability, it implies that there will be fluctuations effective in the activities that are supposed…

Analyze 3M’s experience for a process-based approach toward innovation. How does 3M manage innovation? The approach that 3 M has taken in managing their innovation is long-term, and there is the development of a new product that has effectively fostered the culture of innovation. Some aspects are incorporated and encouraged in the process, such as…

Data Visualization. The first chart (a pie chart) represents the frequency distribution for the variable shipping modes. The variable has four levels: second class, standard class, first-class, and the same day flights. The pie chart shows that 60% of the orders are shipped under standard class, 20 % are shipped under second class, 15% are…

Unit 3 Discussion CM460 Knowing Your Audience Logically, the more a communicator knows about the background and needs of the involved audience, the better and easy it will be for the communicator to prepare a speech and ensure positive impacts through the presented speech. As a result, it remains one of the most crucial aspects…