Our Services

Get 15% Discount on your First Order

ou work as a middle manager for one of the top U.S. producers of luxury and mass-market automobiles and trucks. The chief technology officer (CTO) of the

May 18, 2024

ou work as a middle manager for one of the top U.S. producers of luxury and mass-market automobiles and trucks. The chief technology officer (CTO) of the company from the course scenario has been researching new technology developments that the company could integrate into its vehicles to enhance their usefulness and access to sensor data. Such data is acquired by the many digital sensors that have been integrated into vehicle subsystems over the past 20–30 years. The technology trend of particular interest to the CTO is the internet of things (IoT), the interconnection of embedded devices such as sensors and computers over the internet to share data. For automobiles, the trend points to creating connected cars.

Prompt

Senior management has decided to explore IoT for the company’s trucks and cars. Your task is to create an internal memo explaining that the company should integrate IoT into its product line using the RWW (real, win, worth it) screening tool from the Module One resources and the information from the CTO Brief, Comparative Growth Data, Comparative Operating Statistics, and Comparative Product Plans documents. Consider the following:

Discuss the feasibility of the product line (refer to RWW screening tool question number one: Is it real?).
- Is there a need or desire for the product?
- Is the size of the potential market adequate?
- Can the product actually be made?
- Will the final product satisfy the market?
Discuss the ability of the company to win market share (refer to RWW screening tool question number two: Can we win?).
- Will your company’s products have a competitive advantage?
- How will your competitors respond?
- Can your company understand the market properly?
Discuss the potential benefits to the company of producing this product (refer to RWW screening tool question number three: Is it worth doing?).
- Will the product be profitable at an acceptable risk?
- Does launching the product make strategic sense?
- Does the product fit your company’s overall growth strategy?
- Will your company’s senior management support this project?
Based on the answers to the questions above, explain the reasons why IoT and connected cars are strategically important to the company.
- Consider the evolving customer needs and desires; how would they impact the company’s product plan?
- What do you think competitors will do (if anything) in response to changes in your company’s development plan?
- Do you think that accelerating development of connected cars will help grow the company?

What to Submit

This memo should be a Word document of 1–2 pages in length using double spacing, 12-point Times New Roman font, and one-inch margins. Any references should be cited in APA format.

Business & Finance

Share This Post

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

Course Project Part 2 For this assignment, you will finish developing your Product Buying Report, which will include all of

Course Project Part 2 For this assignment, you will finish developing your Product Buying Report, which will include all of the information a buyer needs to intelligently purchase the selected product identified. Continue with the specific product, component, or commodity (e.g., computer chips, capital equipment, raw materials for reworking) that

see attached you will provide examples of Business ethical practices—good and bad—that reflect a particular ethical/moral worldview emphasis. Your

see attached you will provide examples of Business ethical practices—good and bad—that reflect a particular ethical/moral worldview emphasis. Your paper should be written in APA style, using 3–4 references from Business/professional magazines/periodicals. Your completed Business Ethics Assignment should be 1-2 pages only

Homework During this course, you will develop a campaign plan to market a new product or service. In Assignment 1, you will write a brief proposal

Homework During this course, you will develop a campaign plan to market a new product or service. In Assignment 1, you will write a brief proposal for the campaign. In Assignment 2, you will develop a slide deck to present the campaign proposal to the executive team. This week’s discussion

Research Proposal Draft By the due date assigned, write a (2-3 pages) paper addressing the sections below of the research proposal. This week you will submit

Research Proposal Draft By the due date assigned, write a (2-3 pages) paper addressing the sections below of the research proposal. This week you will submit the Literature Review section of your prop

All instructions posted below Annotated bibliography for discussing the Effects of media on young people (body image, political indoctrination,

All instructions posted below Annotated bibliography for discussing the Effects of media on young people (body image, political indoctrination, etc.) The bibliography should include: · 3 secondary sources that you found through your research. Follow MLA guidelines. · Your annotations for each source should summarize the source in 2-3 sentences

ASSIGNMENT 3: Reflecting on Gender, Art, & Culture 3 questions. 75-100 words min per response. 3 references to the texts (at least 1 reference per

ASSIGNMENT 3: Reflecting on Gender, Art, & Culture 3 questions. 75-100 words min per response. 3 references to the texts (at least 1 reference per response.) Follow the guidelines for references from the MLA. Include page numbers or a time stamp (if referencing a video.) Instructions Respond to the 3 reflection prompts provided

instructions are attached Reaction Papers – Introduction A reaction paper is just what its name suggests: a formal paper

instructions are attached Reaction Papers – Introduction A reaction paper is just what its name suggests: a formal paper explaining your reaction to a peer-reviewed journal article whose topic is relevant to this course. The paper is a review because your reaction will involve judgment or evaluation; it is an

Write a 4–5 page evidence-based proposal to support the need for a nurse informaticist in an organization who would focus on improving health care

Write a 4–5 page evidence-based proposal to support the need for a nurse informaticist in an organization who would focus on improving health care outcomes. For this assessment, assume you are a nurse attending a meeting of your state’s nurses association. A nurse informaticist conducted a presentation on her role

Criteria Ratings Points Content: Introduction 16 to >14 pts Advanced Accurately and concisely describes the individual interviewed;

Criteria Ratings Points Content: Introduction 16 to >14 pts Advanced Accurately and concisely describes the individual interviewed; selection criteria and setting; and positionality to subject/participant. 14 to >12 pts Proficient Describes the individual interviewed; selection criteria and setting; and positionality to subject/participant. 12 to >0 pts Developing Description is inaccurate,

make a critical study using the Student Outcomes Survey dataset or the Kaggle education dataset

find below the attached documents for annotated bibliography Course Competency: · Compare the care models for nursing practice

find below the attached documents for annotated bibliography Course Competency: · Compare the care models for nursing practice specific to the older adult. Transferable Skill: · Information Literacy: Discovering informationreflectively, understanding how information is produced and valued, and usinginformation to create new knowledge and participate ethically in communities oflearning. Your

Assignment #4: Final Target: Identify, analyze, and evaluate quantitative and qualitative healthcare data and information for effective decision making

Assignment #4: Final Target: Identify, analyze, and evaluate quantitative and qualitative healthcare data and information for effective decision making in various healthcare settings Explain data to a health care audience in a clear, concise and persuasive manner, consistent with best practices in the field of health care management to inform

SLP/BUS520 Business Analytics and Decision Making Business Analytics & Intelligence Reporting Assignment Overview Final Analysis We have been working

SLP/BUS520 Business Analytics and Decision Making Business Analytics & Intelligence Reporting Assignment Overview Final Analysis We have been working with survey data throughout class. Create a final report that can be used by industry leaders. Data analysis is transformed to business intelligence. This is where you make the tough

Research Paper: This is a graduate course and students will be expected to research and write papers summarizing in their

Research Paper: This is a graduate course and students will be expected to research and write papers summarizing in their own words what they have found on current topics from the weekly readings. Research is a theoretical review of relevant literature and application of findings in the literature to a topic related

Needing help on comparing and contrasting prison wardens versus jail administrators roles and the challenges of both those administrative positions

Needing help on comparing and contrasting prison wardens versus jail administrators roles and the challenges of both those administrative positions face.

please complete an annotated bibliography for journal articles on The Power of Touch in Romantic Relationships or a nonverbal behavior dealing with touch.

please complete an annotated bibliography for journal articles on The Power of Touch in Romantic Relationships or a nonverbal behavior dealing with touch. Create an APA-style reference section and annotating each of your articles under each APA-style reference. Use bullets to summarize the following in your own words: what the researchers did

how can i reflect on your own cultural competence and analyze areas where you could improve your cultural diversity skills.

continuation work of project, find atttached Your supervisor at Rasmussen Home Health Services is satisfied with the resources described in your

continuation work of project, find atttached Your supervisor at Rasmussen Home Health Services is satisfied with the resources described in your annotated bibliography and is eager for you to continue your work. As a next step, your supervisor wants you to develop and share the following items with them. 1.

Our Services

ou work as a middle manager for one of the top U.S. producers of luxury and mass-market automobiles and trucks. The chief technology officer (CTO) of the

Share This Post

Related Questions

Use Our 6 Free Tools