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CUSTOMER & CROSS-CULTURAL EXPERIENCES - Case Study Example

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Business Models and Cross-Cultural Differences Name: Lecturer: Course name: Course code: Date: Problem 1 Design and technological advancements in the form of LED photo modulation is the platform on which any business can develop. For Gentle Waves it has to base its operation on product life cycle of which the most significant is the design of the system which gets rolled into an operational process (Baumann, Elliott & Hamin 2011)…
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CUSTOMER & CROSS-CULTURAL EXPERIENCES
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The laser treatment costs may be less as opposed to the physician model indicating that customers or patients have alternatives to choose from depending on their financial capability. The annual cosmetic surgery procedures are possible to be estimated. For example, in 2001 over 8.5million cosmetic surgical cases were undertaken. Moreover, doctors made more than 125,000 skin operations of non-ablative state. The strategy to effectively market the company is to prioritize on all product cycles but more so innovation and design factors in cosmetic surgery operations.

Additionally, the company will be forced to consider legal, political and economic performance of the country (Baumann, Elliott & Hamin 2011). They also need to focus on present market size, market share, activities of competitors. Besides, they should assess the influence of substitute products including LED gadgets and reflect on the negotiating potential of current and prospective clients (Jobber 2012). They should also go on to bid the design and manufacture from the Light Sciences Company of Virginia Beach regarding newer forms of gentle waves.

In the long run, it will take advantage of economies of scale and improved bargaining ability than actually creating a manufacturing line. With the position of a CEO, I would invest in research and development of surgical skin treatment, improve client service and take advantage of new design to negotiate with suppliers. I will also motivate the existing skilled personnel to cope with increasing numbers of clients and demands of a good enterprise. Problem 2 Part A: The film shows the significance of combining talents to create a business empire through computer technology.

Three guys had exceptional talents of computer software, hardware and security. The strategy used in this film evaluation of innovation and design factors which are specific to the information industry. Exceptional skills are needed in development of a prototype to support current computer (Jobber 2012). From the student perspective, developing and integrated piece will satisfy user expectation in computer technology. Consequently, free enterprise starts from innovation and design procedures to oversee continuous streams of future income (Baumann, Elliott & Hamin 2011).

The team will benefit from patents and copyrights laws that safeguard and uphold their growth in design; inspiration and originality so will the few competitors. There are available substitutes, though not expected to pose a huge threat since invention is unique. In addition, buyers will undoubtedly purchase the product because it satisfies their expectations and desires. There are few suppliers in this industry owing to the cost intensive nature of the operations. Competitive are also few though posing a huge threat to the market share.

Continuous investment in technology will humble the effect of competitors. Rivalry between competitors is expected to reduce since entry will be constricted (Baumann, Elliott & Hamin 2011). Part B: The first stage is the forming stage comprising of an individual’s yearning to bring together colleagues with common interest. They then focus on forming a team, assigning roles and convening meetings. This stage has a lot of learning, autonomy and knowledge exchange. Storming stage consists of combinations of

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