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All posts in General Questions

1. How does an individual deal with living under two or more conflicting value systems?

2. What are the points that should be included in an individual code of ethics?

3. How do ethics affect the managerial decision making process?

4. How does the dimension of flexibility affect workforce management?

5. Why is continuous learning such an important challenge for the modern organization?

The managers of your company are deciding whether to develop a brand new product not yet seen in the marketplace or a version of a competitor s product that has already been launched into the marketplace.

Management has called a meeting to discuss which way to go. They want to know if they should follow the first mover theory or late mover theory. You have been assigned the task to develop a presentation for this meeting that will give evidence that describes and discusses either supports or disagrees with these theories. You may use the Library or other Web resources to find more information on these terms as well as examples to support your position.

In the speaker s notes of the PowerPoint slides, elaborate in depth on the bullet points you placed in your presentation and provide information to support your presentation.

As a new consultant, you really don t know much about the company involved, the potential products that the managers want to discuss in their meeting, nor the personalities of the managers who will be attending the meeting. The very best that you can really do within the given scenario is to thoroughly and factually explore both of these theories in your presentation as input for their discussion during the remainder of the meeting.