QBM3 TASK 1|Latest Update with Complete Solution

QBM3 TASK 1|Latest Update with Complete Solution



QBM3 TASK 1: MARKET ENTRY OVERVIEW
Western Governors University




1. Discuss..in..detail..whether..the..organizational..culture..is..an..advantage..or..disadvantage..to..
the..company..and..explain..why.
In..my..opinion..the..organizational..culture..of..innovation..is..an..advantage...Innovative..companies..
are..always..growing..and..evolving..preparing..for..the..next..emerging..markets..and..trends...By..the
..company..rewarding..employees’..innovative..ideas..they..are..a..front..runner..in..their..field...By..co
ntinuing..to..be..innovative..the..company..can..gain..competitive..advantages,..seize..the..consumer..
market..by..meeting..customers..demands..and..drive..additional..business..growth.

2. Discuss..in..detail..whether..the..organizational..structure..is..an..advantage..or..disadvantage..to..
the..company..and..explain..why.
I..would..say..the..organizational..structure..is..at..a..disadvantage..due..to..the..decentralized..structur
e...While..inclusive..feedback..from..various..stakeholders..is..beneficial,..there..are..more..drawbacks..
than..benefits...The..most..notable..drawbacks..would..be:..inconsistent..decisions,..length..of..time..re
quired..for..decision..negotiations,..decreased..control..and..conflict..of..interests...Its..very..rare..that..
stakeholders..agree..with..each..100%..of..the..time...Having..to..go..navigate..and..negotiate..with..so..
many..opinions..cuts..down..on..efficiency,..and..processing...In..this..instance..the..saying..“To..man
y..cooks..in..the..kitchen”..would..apply.

3. Describe..in..detail..how..each..of..the..following..organizational..aspects..in..the..scenario..influen
ces..how..the..company..makes..strategic..decisions:

Organizational..Culture:..The..organizations..culture..is..engaging..with..a..drive..for..innovation...An
..innovative..culture..encourages..the..generation..of..innovative..ideas...Employees..in..this..organizat
ion..are..not..only..encouraged..to..share..their..ideas,..thoughts,..and..suggestions,..but..are..incentivize
d..to..do..so...The..organization..also..actively..seeks..out..feedback..from..customers..and..other..indus
try..innovators..to..continue..developing..and..transforming..their..products..which..makes..them..inno
vative..in..their..industry...This..drive..for..innovation..aligns..the..organizations..overall..business..str
ategy.

Organizational..Structure:..The..organization..practices..a..decentralized..structure,..very..similar..to..
a..Laissez..Faire..management..style...This..structure..allows..a..sense..of..equality..among..all..emplo
yees,..increased..employee..engagement,..and..feelings..of..importance..and..empowerment...The..fo
unders..created..the..organization..with..the..goal..of..founders..being..the..same..“level”..as..employe
es..and..making..all..decisions..jointly,..which..the..organization..is..currently..doing...This..structure..a
ssures..that..all..organizational..decisions..made..are..aligned..with..all..stakeholders.

, Mission..and..Vision..Statements:..The..organizations..mission..statements..embody..the..ideas..of..i
nnovation..and..client..focus...The..organization..also..makes..it..clear..that..they..are..focused..on..clie
nt..satisfaction..by..their..protype..and..testing..methods,..gathering..feedback..directly..from..clients..
who..try..the..products...The..vision..statement..of..the..organization..states..that..they..are..environme
ntally..sustainable,..in..addition..to..making..quality,..long..lasting,..dependable..boats.

Ethical..Statement:..The..organizations..ethics..statement..dictates..that..all..actions..and..decision..ma
de..will..be..in..the..interest..of..what..is..sustainable..for..clients..and..the..environment...The..organiza
tion..is..adhering..to..this..statement..by..using..environmentally..conscious..building..materials,..and..c
onsumer..friendly..designs..like..the..collapsible..and..carriable..fishing..boat...The..organization..has.
.achieved..a..goal..of..being..innovative..while..also..adhering..to..its..their..own..business..ethics.



The laws and regulations a
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nd also the environmental i
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mpact.
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n it
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comes to manufacturing th .. .. ..




e foldable boat which woul
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d make it very easy for fish
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ers to carry, and The laws a
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nd regulations and also the
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environmental impact. ..




India is the best option whe
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n it
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