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How is Reggie’s mindset affecting the way he prepares for the new compliance test?

Please use this template to complete the Case Study Assignment (due in Week 7). All you need to do is write a paragraph within each box contained in the template to receive credit for this assignment.

 

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Case Study Assignment Overview

Case Study Section 1 Review

Case Study Section 2 Review

Case Study Section 3 Review

 

_________________

 

Gloria has recently graduated college and started a new job. Her coworkers seem very nice, and Gloria has gotten to know Lakeisha and Reggie the best.

Reggie is a friendly older man who often talks about his plans for retirement in five years. He likes to make people laugh but often jokes about his struggles to learn new programs and technology.

Gloria and Lakeisha have been assigned to work on a project together. Lakeisha is very organized and has prepared a list of to-do items along with due dates. She even color-coded the list to indicate which partner will do each item. Gloria, who is more laid-back, feels a bit uncomfortable with this micromanaging from Lakeisha, who has only been at the job a few months longer than she has. Gloria wonders if Lakeisha thinks she is either lazy or stupid, and she does not look forward to working on this project. In the past, Gloria attempted to communicate her feelings with a co-worker; however, her coworker told Gloria that she needed to put her feelings aside and just do the work assigned to her. As Gloria ponders having a conversation with Lakeisha, she starts to feel overwhelmed and thinks she might have to ask to be removed from this project.

Still, she and Lakeisha have connected because they are both single mothers of teenagers. Gloria confides in Lakeisha about her 16-year-old son who has started making poor choices and is currently grounded for sneaking out of the house and getting drunk at a party the night before a big exam.

The company recently informed the team that there will be a compliance test on new safety policies, which employees will need to pass in order to keep their jobs. The company has provided materials to study as well as optional practice exams. Gloria and Lakeisha have signed up to take the first practice test. Reggie, however, jokes that he will probably wait until the night before the test to read the material. As the date of the test approaches, Reggie becomes increasingly nervous. He makes frequent comments about how hard it is for him to learn a different way of doing the jobs that he has been doing for years, joking that “you can’t teach an old man new tricks.”

1. Gloria’s son is making poor decisions. Given what you have learned about a) brain development and b) social development in Chapter 3:
Explain why Gloria’s son is making those poor decisions.
Discuss specific strategies Gloria can implement to help her son make better choices.
Use specific concepts related to development and self-regulation to explain why these strategies would be effective.
2. Reggie is demonstrating a fixed mindset. How is Reggie’s mindset affecting the way he prepares for the new compliance test?
Use brain plasticity (neuroplasticity) to explain how Reggie can start to develop a growth mindset.
Suggest study strategies for Reggie so that he will be prepared for the compliance test. Use specific concepts from Chapter 4 to explain why these strategies will be effective.
3. Consider Gloria and Lakeisha’s different approaches to the project. On which of the Big 5 personality traits do they most differ?
Give advice to Gloria on how she can use emotional regulation and cognitive reappraisal to work with Lakeisha.

The post How is Reggie’s mindset affecting the way he prepares for the new compliance test? appeared first on superioressaypapers.

How is Reggie’s mindset affecting the way he prepares for the new compliance test?

Assignment Template Note: Please use this template to complete the Case Study Assignment (due in Week 7). All you need to do is write a paragraph within each box contained in the template to receive credit for this assignment.

 

View Help Videos

Case Study Assignment Overview

Case Study Section 1 Review

Case Study Section 2 Review

Case Study Section 3 Review

 

_________________

 

Gloria has recently graduated college and started a new job. Her coworkers seem very nice, and Gloria has gotten to know Lakeisha and Reggie the best.

Reggie is a friendly older man who often talks about his plans for retirement in five years. He likes to make people laugh but often jokes about his struggles to learn new programs and technology.

Gloria and Lakeisha have been assigned to work on a project together. Lakeisha is very organized and has prepared a list of to-do items along with due dates. She even color-coded the list to indicate which partner will do each item. Gloria, who is more laid-back, feels a bit uncomfortable with this micromanaging from Lakeisha, who has only been at the job a few months longer than she has. Gloria wonders if Lakeisha thinks she is either lazy or stupid, and she does not look forward to working on this project. In the past, Gloria attempted to communicate her feelings with a co-worker; however, her coworker told Gloria that she needed to put her feelings aside and just do the work assigned to her. As Gloria ponders having a conversation with Lakeisha, she starts to feel overwhelmed and thinks she might have to ask to be removed from this project.

Still, she and Lakeisha have connected because they are both single mothers of teenagers. Gloria confides in Lakeisha about her 16-year-old son who has started making poor choices and is currently grounded for sneaking out of the house and getting drunk at a party the night before a big exam.

The company recently informed the team that there will be a compliance test on new safety policies, which employees will need to pass in order to keep their jobs. The company has provided materials to study as well as optional practice exams. Gloria and Lakeisha have signed up to take the first practice test. Reggie, however, jokes that he will probably wait until the night before the test to read the material. As the date of the test approaches, Reggie becomes increasingly nervous. He makes frequent comments about how hard it is for him to learn a different way of doing the jobs that he has been doing for years, joking that “you can’t teach an old man new tricks.”

1. Gloria’s son is making poor decisions. Given what you have learned about a) brain development and b) social development in Chapter 3:
Explain why Gloria’s son is making those poor decisions.
Discuss specific strategies Gloria can implement to help her son make better choices.
Use specific concepts related to development and self-regulation to explain why these strategies would be effective.
2. Reggie is demonstrating a fixed mindset. How is Reggie’s mindset affecting the way he prepares for the new compliance test?
Use brain plasticity (neuroplasticity) to explain how Reggie can start to develop a growth mindset.
Suggest study strategies for Reggie so that he will be prepared for the compliance test. Use specific concepts from Chapter 4 to explain why these strategies will be effective.
3. Consider Gloria and Lakeisha’s different approaches to the project. On which of the Big 5 personality traits do they most differ?
Give advice to Gloria on how she can use emotional regulation and cognitive reappraisal to work with Lakeisha.

The post How is Reggie’s mindset affecting the way he prepares for the new compliance test? appeared first on superioressaypapers.

What advice would you offer to CEO Angle to improve iRobot’s market position and profitability. Support your decision.

. Which of these forces appears to be the strongest? Where does the industry appear to be headed as a result of these forces?

Select “yes” for those statements below that are accurate and choose “no” for those that are not.

a. The driving force of innovation and the resulting advanced features appeared to have the greatest influence on increasing demand in the robotic vacuum industry.
(Click to select) Yes No
b. Driving forces in the robotic vacuum industry include slow demand, shrinking differences among competitors, and lower prices.
(Click to select) Yes No
c. Government policy changes have impacted production of these innovative products.
(Click to select) Yes No
d. The robotic vacuum industry is in a maturity stage with demand and profits declining.
(Click to select) Yes No
e. Advanced features are especially powerful driving forces when coupled with a defensive strategy that slows or prevents emulation by rivals.
(Click to select) Yes No
f. The driving force of product innovation has been slow with consumers opting for less expensive products.
(Click to select) Yes No

 

 

 

 

Which of the following accurately characterize iRobot’s resource strengths and competitive capabilities?

Select “yes” for the strengths and capabilities that are accurate and choose “no” for those that are not.

a. iRobot enjoys a liquid financial position, a large amount of working capital, and ample financial resources to sustain its growth.
(Click to select) Yes No
b. iRobot’s brand is not as recognizable as its closest competitor.
(Click to select) Yes No
c. iRobot has accumulated a large portfolio of patents (1,000) worldwide, which covers the concept of a self-navigating household robot.
(Click to select) Yes No
d. iRobot has not been able to achieve a competitive strategy to differentiate themselves.
(Click to select) Yes No
e. The company has not been able to secure a global presence but enjoys a strong national presence.
(Click to select) Yes No
f. iRobot has accumulated significant proprietary technology, and superior technological and innovative skills.
(Click to select) Yes No

 

 

 

 

Which of the following accurately characterize iRobot’s resource weaknesses and competitive liabilities?

Select “yes” for the resource weaknesses that are accurate and choose “no” for those that are not.

a. iRobot has an increasing number of competitors.
(Click to select) Yes No
b. The company has focused on only one product.
(Click to select) Yes No
c. iRobot has introduced many products into the market.
(Click to select) Yes No
d. iRobot faces many barriers to enter international markets.
(Click to select) Yes No
e. iRobot faces the threat of new and existing competitors leapfrogging iRobot’s products with new features, and lower costs.
(Click to select) Yes No
f. iRobot’s profitability has been stagnant for the past few years.
(Click to select) Yes No

 

 

 

 

Which of the following accurately characterize iRobot’s market opportunities?

Select “yes” for the market opportunities that are accurate and choose “no” for those that are not.

a. increasing buyer demand for robotic vacuums
(Click to select) Yes No
b. adopting a late mover strategy to learn from the failures of competitors
(Click to select) Yes No
c. alliances or joint ventures with companies such as Apple, Amazon, and Google to monetize data obtained by iRobot devices
(Click to select) Yes No
d. outsource essential tasks that outside companies can perform better
(Click to select) Yes No
e. utilization of existing company skills and technological ability to develop additional robotic vacuums with new advanced features
(Click to select) Yes No

 

 

 

 

Which of the following represent external threats to iRobot’s future well-being?

Select “yes” for the external threats that are accurate and choose “no” for those that are not.

a. public concerns and negative publicity about data-collecting vacuums and vacuums connected to the internet and the “smart home”
(Click to select) Yes No
b. aggressive competitive pressure in the Chinese market
(Click to select) Yes No
c. increasing strength of competition among industry rivals who could squeeze profit margins
(Click to select) Yes No
d. likely continuing entrance of new rivals, and price-based competition
(Click to select) Yes No
e. consumer preference for more standardized products
(Click to select) Yes No
f. increased tariffs to enter global markets
(Click to select) Yes No

 

 

 

 

Considering all four SWOT lists, which of the following accurately characterize the attractiveness of iRobot’s overall situation?

Select “yes” for the items that characterize the attractiveness of the situation and choose “no” for those that do not.

a. iRobot has a winning strategy, a strong financial position, and a well-known brand name in a growing market.
(Click to select) Yes No
b. iRobot has a significant amount of proprietary technology and a large number of patents that offer the company good protection against rivals.
(Click to select) Yes No
c. The growing robotic vacuum industry and new robotic lawnmower industry will provide iRobot the opportunity to expand its global coverage, increase revenue, profits, and market share.
(Click to select) Yes No
d. iRobot does not enjoy many market opportunities to sustain its growth.
(Click to select) Yes No
e. iRobot’s situation is not an attractive one due in large part to its mounting debt.
(Click to select) Yes No

 

 

 

 

Describe iRobot’s business strategy. Does it appear well-suited for the company in 2019?

Select “yes” for those statements below that are accurate and choose “no” for those that are not.

a. iRobot’s business strategy has a focus on globalization and continuation of Roomba’s leadership in the consumer robotic industry.
(Click to select) Yes No
b. iRobot’s business strategy includes a focus on unrelated diversification.
(Click to select) Yes No
c. iRobot focuses its business strategy on slow growth and delayed entrance into the global markets.
(Click to select) Yes No
d. iRobot’s business strategy was designed to protect the company’s share in the maturing global consumer robotic industry through aggressive competitive pricing.
(Click to select) Yes No
e. iRobot’s strong brand name allows it to spend less in advertising and marketing.
(Click to select) Yes No
f. iRobot passes the three tests of a winning strategy by being well-matched to the robotic vacuum industry, achieving a competitive advantage and producing outstanding performance.
(Click to select) Yes No

 

 

 

 

 

iRobot has the largest market share in a growing market, but does the company have a competitive advantage? A sustainable advantage? What additional strategies could the company adopt to secure or sustain competitive advantage?

Select “yes” for those statements below that are accurate and choose “no” for those that are not.

a. iRobot has a competitive advantage largely because of its first-mover advantage, increasing global scope of operations, and strategy execution capabilities.
(Click to select) Yes No
b. iRobot has built competitively valuable expertise and capabilities, plus a volume advantage that rivals cannot match.
(Click to select) Yes No
c. The company has focused on lower priced robotic vacuums to capture a different market.
(Click to select) Yes No
d. The company’s partnership with a number of local distribution partners allows for further growth.
(Click to select) Yes No
e. iRobot possesses differentiating features of higher quality, better performance, and a value advantage that has given the company a sustainable competitive advantage.
(Click to select) Yes No

 

 

 

 

Which of iRobot’s competitors presents the greatest competitive threat? Why? Support your answer.

Select “yes” for those statements below that are accurate and choose “no” for those that are not.

a. A top competitor that presents a competitive threat is Ecovacs, which is one of the top three brands of in-home robots worldwide and has 65 percent of the market in China.
(Click to select) Yes No
b. SharkNinja has presented a competitive threat to iRobot based on its lower price and different models.
(Click to select) Yes No
c. Eufy Robovacs proved to be of higher quality and lower price, posing a threat to iRobot.
(Click to select) Yes No
d. Ecovacs has a strong financial position and ample working capital to continue R&D and aggressive marketing.
(Click to select) Yes No
e. SharkNinja has a strong brand name, global operations, and a broad distribution network.
(Click to select) Yes No

 

 

 

 

From the provided financial data, what is iRobot’s financial condition? What do the financial statements suggest about the company’s future? If present trends continue, where do you see iRobot in the next few years?

Select “yes” for those statements below that are accurate and choose “no” for those that are not.

a. The company had 17 percent of its assets in cash in 2018, and 19 percent in 2017, supporting the company’s ability to pay current debts using cash and cash equivalents.
(Click to select) Yes No
b. iRobot’s gross profit margin steadily increased from 46 percent in 2014 to 52 percent in 2018.
(Click to select) Yes No
c. iRobot decreased spending on research and development, and sales and marketing.
(Click to select) Yes No
d. iRobot’s revenue had grown at a compound average growth rate of 15.4 percent and net income grew at 20.5 percent CAGR.
(Click to select) Yes No
e. Gross margin, operating income, net income, and income per common share grew at a greater rate than the growth in total revenue.
(Click to select) Yes No
f. iRobot reported a 23.6 percent increase in revenue and a 72.6 percent increase in net profit over the prior year and announced expectations for about 17 to 20 percent revenue growth in 2019.
(Click to select) Yes No
g. The company’s stock reached $115.00 on April 23, 2019, which was a 110 percent increase over the same date in 2018.
(Click to select) Yes No
h. iRobot is a very strong, liquid, and profitable company with robust growth trends in revenue and profit, in a very attractive situation, and it appears to be getting better.
(Click to select) Yes No

 

 

 

 

What advice would you offer to CEO Angle to improve iRobot’s market position and profitability. Support your decision.

There are spaces for up to six action recommendations and supporting justifications. Each recommended action must be supported with convincing, analysis-based justifications founded on the relevant concepts and tools that apply to this case.

a. Action Recommendation:

Supporting Justification:

b. Action Recommendation:

Supporting Justification:

c. Action Recommendation:

Supporting Justification:

d. Action Recommendation:

Supporting Justification:

e. Action Recommendation:

Supporting Justification:

f. Action Recommendation:

Supporting Justification:

 

The post What advice would you offer to CEO Angle to improve iRobot’s market position and profitability. Support your decision. appeared first on superioressaypapers.

Which of the following accurately characterize iRobot’s resource strengths and competitive capabilities?

Which of these forces appears to be the strongest? Where does the industry appear to be headed as a result of these forces?

Select “yes” for those statements below that are accurate and choose “no” for those that are not.

a. The driving force of innovation and the resulting advanced features appeared to have the greatest influence on increasing demand in the robotic vacuum industry.
(Click to select) Yes No
b. Driving forces in the robotic vacuum industry include slow demand, shrinking differences among competitors, and lower prices.
(Click to select) Yes No
c. Government policy changes have impacted production of these innovative products.
(Click to select) Yes No
d. The robotic vacuum industry is in a maturity stage with demand and profits declining.
(Click to select) Yes No
e. Advanced features are especially powerful driving forces when coupled with a defensive strategy that slows or prevents emulation by rivals.
(Click to select) Yes No
f. The driving force of product innovation has been slow with consumers opting for less expensive products.
(Click to select) Yes No

 

 

 

 

Which of the following accurately characterize iRobot’s resource strengths and competitive capabilities?

Select “yes” for the strengths and capabilities that are accurate and choose “no” for those that are not.

a. iRobot enjoys a liquid financial position, a large amount of working capital, and ample financial resources to sustain its growth.
(Click to select) Yes No
b. iRobot’s brand is not as recognizable as its closest competitor.
(Click to select) Yes No
c. iRobot has accumulated a large portfolio of patents (1,000) worldwide, which covers the concept of a self-navigating household robot.
(Click to select) Yes No
d. iRobot has not been able to achieve a competitive strategy to differentiate themselves.
(Click to select) Yes No
e. The company has not been able to secure a global presence but enjoys a strong national presence.
(Click to select) Yes No
f. iRobot has accumulated significant proprietary technology, and superior technological and innovative skills.
(Click to select) Yes No

 

 

 

 

Which of the following accurately characterize iRobot’s resource weaknesses and competitive liabilities?

Select “yes” for the resource weaknesses that are accurate and choose “no” for those that are not.

a. iRobot has an increasing number of competitors.
(Click to select) Yes No
b. The company has focused on only one product.
(Click to select) Yes No
c. iRobot has introduced many products into the market.
(Click to select) Yes No
d. iRobot faces many barriers to enter international markets.
(Click to select) Yes No
e. iRobot faces the threat of new and existing competitors leapfrogging iRobot’s products with new features, and lower costs.
(Click to select) Yes No
f. iRobot’s profitability has been stagnant for the past few years.
(Click to select) Yes No

 

 

 

 

Which of the following accurately characterize iRobot’s market opportunities?

Select “yes” for the market opportunities that are accurate and choose “no” for those that are not.

a. increasing buyer demand for robotic vacuums
(Click to select) Yes No
b. adopting a late mover strategy to learn from the failures of competitors
(Click to select) Yes No
c. alliances or joint ventures with companies such as Apple, Amazon, and Google to monetize data obtained by iRobot devices
(Click to select) Yes No
d. outsource essential tasks that outside companies can perform better
(Click to select) Yes No
e. utilization of existing company skills and technological ability to develop additional robotic vacuums with new advanced features
(Click to select) Yes No

 

 

 

 

Which of the following represent external threats to iRobot’s future well-being?

Select “yes” for the external threats that are accurate and choose “no” for those that are not.

a. public concerns and negative publicity about data-collecting vacuums and vacuums connected to the internet and the “smart home”
(Click to select) Yes No
b. aggressive competitive pressure in the Chinese market
(Click to select) Yes No
c. increasing strength of competition among industry rivals who could squeeze profit margins
(Click to select) Yes No
d. likely continuing entrance of new rivals, and price-based competition
(Click to select) Yes No
e. consumer preference for more standardized products
(Click to select) Yes No
f. increased tariffs to enter global markets
(Click to select) Yes No

 

 

 

 

Considering all four SWOT lists, which of the following accurately characterize the attractiveness of iRobot’s overall situation?

Select “yes” for the items that characterize the attractiveness of the situation and choose “no” for those that do not.

a. iRobot has a winning strategy, a strong financial position, and a well-known brand name in a growing market.
(Click to select) Yes No
b. iRobot has a significant amount of proprietary technology and a large number of patents that offer the company good protection against rivals.
(Click to select) Yes No
c. The growing robotic vacuum industry and new robotic lawnmower industry will provide iRobot the opportunity to expand its global coverage, increase revenue, profits, and market share.
(Click to select) Yes No
d. iRobot does not enjoy many market opportunities to sustain its growth.
(Click to select) Yes No
e. iRobot’s situation is not an attractive one due in large part to its mounting debt.
(Click to select) Yes No

 

 

 

 

Describe iRobot’s business strategy. Does it appear well-suited for the company in 2019?

Select “yes” for those statements below that are accurate and choose “no” for those that are not.

a. iRobot’s business strategy has a focus on globalization and continuation of Roomba’s leadership in the consumer robotic industry.
(Click to select) Yes No
b. iRobot’s business strategy includes a focus on unrelated diversification.
(Click to select) Yes No
c. iRobot focuses its business strategy on slow growth and delayed entrance into the global markets.
(Click to select) Yes No
d. iRobot’s business strategy was designed to protect the company’s share in the maturing global consumer robotic industry through aggressive competitive pricing.
(Click to select) Yes No
e. iRobot’s strong brand name allows it to spend less in advertising and marketing.
(Click to select) Yes No
f. iRobot passes the three tests of a winning strategy by being well-matched to the robotic vacuum industry, achieving a competitive advantage and producing outstanding performance.
(Click to select) Yes No

 

 

 

 

 

iRobot has the largest market share in a growing market, but does the company have a competitive advantage? A sustainable advantage? What additional strategies could the company adopt to secure or sustain competitive advantage?

Select “yes” for those statements below that are accurate and choose “no” for those that are not.

a. iRobot has a competitive advantage largely because of its first-mover advantage, increasing global scope of operations, and strategy execution capabilities.
(Click to select) Yes No
b. iRobot has built competitively valuable expertise and capabilities, plus a volume advantage that rivals cannot match.
(Click to select) Yes No
c. The company has focused on lower priced robotic vacuums to capture a different market.
(Click to select) Yes No
d. The company’s partnership with a number of local distribution partners allows for further growth.
(Click to select) Yes No
e. iRobot possesses differentiating features of higher quality, better performance, and a value advantage that has given the company a sustainable competitive advantage.
(Click to select) Yes No

 

 

The post Which of the following accurately characterize iRobot’s resource strengths and competitive capabilities? appeared first on superioressaypapers.

Select “yes” for those statements below that are accurate and choose “no” for those that are not.

Which of these forces appears to be the strongest? Where does the industry appear to be headed as a result of these forces?

Select “yes” for those statements below that are accurate and choose “no” for those that are not.

a. The driving force of innovation and the resulting advanced features appeared to have the greatest influence on increasing demand in the robotic vacuum industry.
(Click to select) Yes No
b. Driving forces in the robotic vacuum industry include slow demand, shrinking differences among competitors, and lower prices.
(Click to select) Yes No
c. Government policy changes have impacted production of these innovative products.
(Click to select) Yes No
d. The robotic vacuum industry is in a maturity stage with demand and profits declining.
(Click to select) Yes No
e. Advanced features are especially powerful driving forces when coupled with a defensive strategy that slows or prevents emulation by rivals.
(Click to select) Yes No
f. The driving force of product innovation has been slow with consumers opting for less expensive products.
(Click to select) Yes No

 

 

 

 

Which of the following accurately characterize iRobot’s resource strengths and competitive capabilities?

Select “yes” for the strengths and capabilities that are accurate and choose “no” for those that are not.

a. iRobot enjoys a liquid financial position, a large amount of working capital, and ample financial resources to sustain its growth.
(Click to select) Yes No
b. iRobot’s brand is not as recognizable as its closest competitor.
(Click to select) Yes No
c. iRobot has accumulated a large portfolio of patents (1,000) worldwide, which covers the concept of a self-navigating household robot.
(Click to select) Yes No
d. iRobot has not been able to achieve a competitive strategy to differentiate themselves.
(Click to select) Yes No
e. The company has not been able to secure a global presence but enjoys a strong national presence.
(Click to select) Yes No
f. iRobot has accumulated significant proprietary technology, and superior technological and innovative skills.
(Click to select) Yes No

 

 

 

 

Which of the following accurately characterize iRobot’s resource weaknesses and competitive liabilities?

Select “yes” for the resource weaknesses that are accurate and choose “no” for those that are not.

a. iRobot has an increasing number of competitors.
(Click to select) Yes No
b. The company has focused on only one product.
(Click to select) Yes No
c. iRobot has introduced many products into the market.
(Click to select) Yes No
d. iRobot faces many barriers to enter international markets.
(Click to select) Yes No
e. iRobot faces the threat of new and existing competitors leapfrogging iRobot’s products with new features, and lower costs.
(Click to select) Yes No
f. iRobot’s profitability has been stagnant for the past few years.
(Click to select) Yes No

 

 

 

 

Which of the following accurately characterize iRobot’s market opportunities?

Select “yes” for the market opportunities that are accurate and choose “no” for those that are not.

a. increasing buyer demand for robotic vacuums
(Click to select) Yes No
b. adopting a late mover strategy to learn from the failures of competitors
(Click to select) Yes No
c. alliances or joint ventures with companies such as Apple, Amazon, and Google to monetize data obtained by iRobot devices
(Click to select) Yes No
d. outsource essential tasks that outside companies can perform better
(Click to select) Yes No
e. utilization of existing company skills and technological ability to develop additional robotic vacuums with new advanced features
(Click to select) Yes No

 

 

 

 

Which of the following represent external threats to iRobot’s future well-being?

Select “yes” for the external threats that are accurate and choose “no” for those that are not.

a. public concerns and negative publicity about data-collecting vacuums and vacuums connected to the internet and the “smart home”
(Click to select) Yes No
b. aggressive competitive pressure in the Chinese market
(Click to select) Yes No
c. increasing strength of competition among industry rivals who could squeeze profit margins
(Click to select) Yes No
d. likely continuing entrance of new rivals, and price-based competition
(Click to select) Yes No
e. consumer preference for more standardized products
(Click to select) Yes No
f. increased tariffs to enter global markets
(Click to select) Yes No

 

 

 

 

Considering all four SWOT lists, which of the following accurately characterize the attractiveness of iRobot’s overall situation?

Select “yes” for the items that characterize the attractiveness of the situation and choose “no” for those that do not.

a. iRobot has a winning strategy, a strong financial position, and a well-known brand name in a growing market.
(Click to select) Yes No
b. iRobot has a significant amount of proprietary technology and a large number of patents that offer the company good protection against rivals.
(Click to select) Yes No
c. The growing robotic vacuum industry and new robotic lawnmower industry will provide iRobot the opportunity to expand its global coverage, increase revenue, profits, and market share.
(Click to select) Yes No
d. iRobot does not enjoy many market opportunities to sustain its growth.
(Click to select) Yes No
e. iRobot’s situation is not an attractive one due in large part to its mounting debt.
(Click to select) Yes No

 

 

 

 

Describe iRobot’s business strategy. Does it appear well-suited for the company in 2019?

Select “yes” for those statements below that are accurate and choose “no” for those that are not.

a. iRobot’s business strategy has a focus on globalization and continuation of Roomba’s leadership in the consumer robotic industry.
(Click to select) Yes No
b. iRobot’s business strategy includes a focus on unrelated diversification.
(Click to select) Yes No
c. iRobot focuses its business strategy on slow growth and delayed entrance into the global markets.
(Click to select) Yes No
d. iRobot’s business strategy was designed to protect the company’s share in the maturing global consumer robotic industry through aggressive competitive pricing.
(Click to select) Yes No
e. iRobot’s strong brand name allows it to spend less in advertising and marketing.
(Click to select) Yes No
f. iRobot passes the three tests of a winning strategy by being well-matched to the robotic vacuum industry, achieving a competitive advantage and producing outstanding performance.
(Click to select) Yes No

 

 

 

 

 

iRobot has the largest market share in a growing market, but does the company have a competitive advantage? A sustainable advantage? What additional strategies could the company adopt to secure or sustain competitive advantage?

Select “yes” for those statements below that are accurate and choose “no” for those that are not.

a. iRobot has a competitive advantage largely because of its first-mover advantage, increasing global scope of operations, and strategy execution capabilities.
(Click to select) Yes No
b. iRobot has built competitively valuable expertise and capabilities, plus a volume advantage that rivals cannot match.
(Click to select) Yes No
c. The company has focused on lower priced robotic vacuums to capture a different market.
(Click to select) Yes No
d. The company’s partnership with a number of local distribution partners allows for further growth.
(Click to select) Yes No
e. iRobot possesses differentiating features of higher quality, better performance, and a value advantage that has given the company a sustainable competitive advantage.
(Click to select) Yes No

 

 

 

 

Which of iRobot’s competitors presents the greatest competitive threat? Why? Support your answer.

Select “yes” for those statements below that are accurate and choose “no” for those that are not.

a. A top competitor that presents a competitive threat is Ecovacs, which is one of the top three brands of in-home robots worldwide and has 65 percent of the market in China.
(Click to select) Yes No
b. SharkNinja has presented a competitive threat to iRobot based on its lower price and different models.
(Click to select) Yes No
c. Eufy Robovacs proved to be of higher quality and lower price, posing a threat to iRobot.
(Click to select) Yes No
d. Ecovacs has a strong financial position and ample working capital to continue R&D and aggressive marketing.
(Click to select) Yes No
e. SharkNinja has a strong brand name, global operations, and a broad distribution network.
(Click to select) Yes No

 

 

 

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Identify the driving forces in the robotic vacuum industry.

Which of these forces appears to be the strongest? Where does the industry appear to be headed as a result of these forces?

Select “yes” for those statements below that are accurate and choose “no” for those that are not.

a. The driving force of innovation and the resulting advanced features appeared to have the greatest influence on increasing demand in the robotic vacuum industry.
(Click to select) Yes No
b. Driving forces in the robotic vacuum industry include slow demand, shrinking differences among competitors, and lower prices.
(Click to select) Yes No
c. Government policy changes have impacted production of these innovative products.
(Click to select) Yes No
d. The robotic vacuum industry is in a maturity stage with demand and profits declining.
(Click to select) Yes No
e. Advanced features are especially powerful driving forces when coupled with a defensive strategy that slows or prevents emulation by rivals.
(Click to select) Yes No
f. The driving force of product innovation has been slow with consumers opting for less expensive products.
(Click to select) Yes No

 

 

 

 

Which of the following accurately characterize iRobot’s resource strengths and competitive capabilities?

Select “yes” for the strengths and capabilities that are accurate and choose “no” for those that are not.

a. iRobot enjoys a liquid financial position, a large amount of working capital, and ample financial resources to sustain its growth.
(Click to select) Yes No
b. iRobot’s brand is not as recognizable as its closest competitor.
(Click to select) Yes No
c. iRobot has accumulated a large portfolio of patents (1,000) worldwide, which covers the concept of a self-navigating household robot.
(Click to select) Yes No
d. iRobot has not been able to achieve a competitive strategy to differentiate themselves.
(Click to select) Yes No
e. The company has not been able to secure a global presence but enjoys a strong national presence.
(Click to select) Yes No
f. iRobot has accumulated significant proprietary technology, and superior technological and innovative skills.
(Click to select) Yes No

 

 

 

 

Which of the following accurately characterize iRobot’s resource weaknesses and competitive liabilities?

Select “yes” for the resource weaknesses that are accurate and choose “no” for those that are not.

a. iRobot has an increasing number of competitors.
(Click to select) Yes No
b. The company has focused on only one product.
(Click to select) Yes No
c. iRobot has introduced many products into the market.
(Click to select) Yes No
d. iRobot faces many barriers to enter international markets.
(Click to select) Yes No
e. iRobot faces the threat of new and existing competitors leapfrogging iRobot’s products with new features, and lower costs.
(Click to select) Yes No
f. iRobot’s profitability has been stagnant for the past few years.
(Click to select) Yes No

 

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A Grumpy Old Man – Case Study

What are the possible diagnosis for the patient?

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sketch your reasoning in your report

Preparation Questions:

 

1. Given the uncertainty associated with player demand, how should Reebok approach inventory planning for NFL replica jerseys? Consider the newsvendor model. What is the cost of underage for a dressed jersey? What is the cost of overage for a dressed jersey? How might Reebok decide between dressed jerseys and blank jerseys?

 

2. Using the forecast for the New England Patriots, analyze the cases where (a) dressed jerseys are used for the star players and blank jerseys for the other players and (b) blank jerseys are used for all players. For each case: What is the optimal quantity of dressed jerseys to order for each player? For blank jerseys? What profit do you expect for Reebok? How much and what type of inventory is expected to be left over at the end of the season?

 

3. Could Reebok use a “partial postponement” strategy, satisfying demand for each star player with dressed and with blank shirts? What would be the advantages of such a strategy? How should Reebok determine the order quantities under such a strategy? (Calculations for such a strategy are a little tricky, therefore sketch your reasoning in your report)

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How might Reebok decide between dressed jerseys and blank jerseys?

Preparation Questions:

 

1. Given the uncertainty associated with player demand, how should Reebok approach inventory planning for NFL replica jerseys? Consider the newsvendor model. What is the cost of underage for a dressed jersey? What is the cost of overage for a dressed jersey? How might Reebok decide between dressed jerseys and blank jerseys?

 

2. Using the forecast for the New England Patriots, analyze the cases where (a) dressed jerseys are used for the star players and blank jerseys for the other players and (b) blank jerseys are used for all players. For each case: What is the optimal quantity of dressed jerseys to order for each player? For blank jerseys? What profit do you expect for Reebok? How much and what type of inventory is expected to be left over at the end of the season?

 

3. Could Reebok use a “partial postponement” strategy, satisfying demand for each star player with dressed and with blank shirts? What would be the advantages of such a strategy? How should Reebok determine the order quantities under such a strategy? (Calculations for such a strategy are a little tricky, therefore sketch your reasoning in your report)

The post How might Reebok decide between dressed jerseys and blank jerseys? appeared first on superioressaypapers.