question archive Info system Management In this unit, we discussed the concept of market segmentation, which is defined as product positioning that subdivides the market to target specific customers

Info system Management In this unit, we discussed the concept of market segmentation, which is defined as product positioning that subdivides the market to target specific customers

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Info system Management

  • In this unit, we discussed the concept of market segmentation, which is defined as product positioning that subdivides the market to target specific customers. Identify a product that you have seen with either effective or ineffective market segmentation. Explain what makes the market segmentation effective or ineffective.

  • The balanced scorecard is a tool for determining follow-up processes. Do an Internet search using the key term balanced scorecard. Pick out two components or aspects that the balanced scorecard assesses, and then discuss why you think those aspects are the most important in strategic management implementation and/or evaluation.

  1. Business Policy $ Strategy

  • In Chapter 9, you learned about social media information systems. Businesses are now using social media to market to users and possibly customers. Have you ever made a purchase based on an ad or information you saw on social media? Do you think these campaigns are successful? Why, or why not?

  • The balanced scorecard is a tool for determining follow-up processes. Do an Internet search using the key term balanced scorecard. Pick out two components or aspects that the balanced scorecard assesses, and then discuss why you think those aspects are the most important in strategic management implementation and/or evaluation.

  1. Healthcare Law

  • If you were a medical professional, what is one example of a precaution you would take if you handled medical records?

  • We talked about the medical and legal issues regarding organ transplant. Currently, there are two different types of organ donor lists; there is an adult list and a children's list. There are different rules and regulations for both of these lists. Obviously, there is a longer wait and more scarcity for the children's list. Children as young as eight years old can successfully receive adult organs for transplant, but there are rules that prohibit this.

Do you think children should or should not be allowed to receive adult organs if they are compatible? Why, or why not?

  1. Leadership

  • Select a follower type discussed in this unit, and discuss a time you exhibited or witnessed it. Also, select a leadership theory, and discuss a time you exhibited or witnessed it.

  • Organizations are continuously faced with strategic planning and change. Discuss the type of organizational culture and climate you have worked for in the past or would like to work for in the future. Describe the leadership style that is best equipped to transition an organization from a current state to the desired state.

  1. Managerial Decision Making

  • Give an example of supply and demand market price changes that you or a family member have experienced or that you have learned about through the news media during or after a hurricane, typhoon, tsunami, fire, flood, mudslide, earthquake, or other natural disaster. If prices went up, did you think it was fair? Did you think it was ethical? Explain why you feel that way. How did this affect you? If you did not personally experience the disaster, put yourself in the shoes of someone who did, and answer the questions hypothetically.

  • If you had a large sum of money to invest, would you make the investments yourself and then make your own trades, or would you hire an investment broker or money manager? Explain your choice in terms of what you have learned in this unit.

  1. Intro Sociology

  • Is upward social mobility more difficult, less difficult, or the same today as it was in the 1950s/1960s?   Why?

  • Do you think gender roles are rigid in the United States today? Explain your response.

  1. Corporate Finance

  • Describe why a manager needs to understand the characteristics and importance of financial markets, including their liquidity, competitiveness, and efficiency.

  • Two investments have an expected life of 5 years. One promises to pay 6% annual interest and the other 10%. Which investment would you select based on the differences in expected rates of return on the two investments? Explain.

  1. Human Resource Management

  • Explain a situation that you have been in (either as an employee or a manager) regarding turnover or absenteeism. How did you handle that situation? What might you have done differently?

  • The OUCH test described in Chapter 3 of your textbook is a rule of thumb you should use whenever you are contemplating any employment action. OUCH stands for Objective, Uniform in application, Consistent in effect, and Has job relatedness.

Recall a personal experience or a situation described in the news when the OUCH test was not performed by the employer. What step or steps were missing? What would you have done to ensure the steps of the OUCH test were met in this situation?

  1. Leadership

  • Watch both the Leadership Style and Servant Leadership Interview videos, and summarize your takeaways from the videos. As part of your discussion, include what you find to be the biggest obstacles for leaders and followers.

  • Consider a time when you experienced one of the types of power in this unit's lesson. Describe the situation and roles. Explain how ethics, morality, and values were involved as an influencing contributor to behaviors. Finally, explain how the situation may have had different results if a different type of power was wielded. When responding to your classmates, choose a different type of power and explain how the same situation may have had different results as a result of your choice.

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