Business Models and Cross-Cultural Differences Assignment

Business Models and Cross-Cultural Differences - Assignment Example The annual quantities can be estimated. For instance, in 2001 about 8.5million cosmetic surgical procedures were carried out. Besides, doctors did about 127,000 non-ablative laser skin procedures. The marketing strategy, in this case, is to assess technological and design factors in cosmetic surgery. In addition, the company will look into their current market size, market share, role of competitors. Others are to evaluate the effect of substitute products like LED devices and consider the bargaining power of existing and potential clients. The company should continue to outsource the design and construction of gentle waves from Light Sciences Company of Virginia Beach, because it will benefit from economies of scale and better negotiations than developing one. Being the CEO, I would specialize in the skin treatment, prioritize on good client service and seek better negotiations with suppliers. I will also increase the number of skilled personnel to cope with surging numbers of clien ts. Problem 2 Part A: The film demonstrates the integration of various talents to engender and new era of computer technology. Each had an exceptional gift of computer programming, hardware and hacking. The strategy applied here is technological and industry specific (Porter, 1998). Special expertise is required to produce a new prototype of modern day computer. This according to the student will meet user expectation in computer security, software and hardware. Therefore, entrepreneurship emanates from invention and design control to ensure a continuous flow of income into the future. Patents and copyrights protect and sustain the gains in design, creativity and innovation hence competitors are few (Brandenburger, & Nalebuff, 2006). Substitutes are available, but not an enormous threat owing to the uniqueness of the invention. Buyers will be able to buy the product as long as it meets their expectations and needs. Suppliers of computer parts will be few and competitive since the in vention requires new techniques in production. The competitor rivalry will reduce due to product uniqueness and monopoly. Part B: The forming stage involved one individual’s desire to approach three colleagues and focus on team organization, roles and meetings. There is learning, independence and knowledge sharing. Storming stage involved combining the different ideas of programming, hardware and security. They also open up to new ideas, opinions, arguments and perspectives. Norming comprised of teams desire to have one goal of developing a computer with a strong mutual plan (Porter, 1998). They had to give up their own individual ideas and perform as a team so as to make team goals a success. Individuals in performing stage get involved the design and fabrication of computer components, running the operating system and installing system security. Once the design is complete, the team members engage in review, revision and celebration of their results by throwing a party. The team stands dissolved at this stage (Brandenburger, & Nalebuff, 2006). Problem 3 Bus service is a government as well as private service to travelers within and outside principal cities. The service involves making payments, bookings, carrying passengers and responding to customers’ queries and complaints. Christmas seasons records high bookings since many people travel while others go on arranged