Business

Student’s Name Tutor’s Name Course Date Commercialization Obstacles and Future Market Segment at Medalogix Medalogix records show that the company has enjoyed long-time success as far as market share, productivity and competitive advantage are concerned (Hamermesh and Preble 1). However, in the current decade, the company has encountered some significant commercialization obstacles which cripple its performance. The first obstacle that the company has faced is competition. Several companies have been opened which have made some consumers who were loyal to the Medalogix to change their focus to other companies. QIRT, MedeAnalytics, Select Data, Health Catalyst, SHP Leading Design...

Student’s Name Instructor Course Title Date Three-Component Model of Creativity Creativity refers to the process through which something valuable or new is formed. Products of creativity can be tangible such as a painting or invention as well as intangible such as an idea, theory, or a joke. Various models provide diverse ways in which one can understand the art of creativity. Creativity, according to the three-component model, incorporates expertise, creative skills in thinking, and intrinsic motivation for tasks. According to Lu (61), the three component model of creativity provides a framework through which one can identify the factors that affect the successful processes of creating new...

Name Instructor Course Date Work Specialization Work specialization which is also known as the division of labor refers to how organizations divide different tasks into individual jobs. It allows managers to break down tasks into small manageable tasks that individual employees can work on. As time goes by, the employee becomes effective and proficient in carrying out that task. The common forms of specialization in companies include operations, finance, engineering, marketing, branding, supply chains, procurement, sales, and accounts (Sisk, n.p). The specializations lead to the company engaging the employees in the areas they are good at and letting them get to perfection in whichever...

Name Instructor Course Date Neurotrack Neurotrack is a company that was determined about finding a cure for Alzheimer’s disease. This is a disease that was the 6th leading cause of death in the United States. According to many experts, treating AD successfully depended on early detection and therapy. Kaplan, the CEO, and founder of Neurotrack was hopeful that the tests conducted by his company would become the definitive tools in predicting and diagnosing the disease. Most of the therapeutic drugs produced by the company during the clinical trials were unsuccessful in treating or delaying the onset of the AD. The company also faced stiff competition from other companies that were trying to...

Student NameInstructor Course Name Date Group Decision-Making The decision-making process, especially in the current biodiverse business environment is a complex process that involves various factors including several stakeholders. This, therefore, implies that it is important to comprehend factors that affect the decision-making process to address any conflict or issue that may arise (Mukherjee et.al 1). The discussion entails group decision-making with respect to its advantages and disadvantages. Group decision-making entails the combination of ideas by experts from the same field or individual who share a similar interest for the purpose of identifying the best strategy of handling an...