business policy unit V essay and DQ question

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unitv_discussionboardvideotranscript.pdf

0:00 Welcome to Unit V discussion about first movers and people who may move after them. 0:06 When talking about this is, sometimes we talk about trend setters, or companies that 0:11 are very innovative and flexible to their approach. They may be trying to 0:16 expand into a market, or into a new technology, or some type of product. There 0:22 are advantages and disadvantages and when discussing this think about 0:25 companies specifically that have trail blazed, so to speak, 0:30 new product lines or innovations. And what are the risks they have? And what 0:35 are some of the advantages of doing it? For example, recently there were some 0:40 expansion and different types of technologies with iPads, and iPhones, and 0:45 iWatches. We also have things like the hover boards, and if anyone noted that, 0:51 is that there were as initial company came out and there is some that 0:55 came in after the fact, relatively quickly. And so what are the advantages 0:59 to that, and what are some of the disadvantages? It's good to explore 1:03 different companies, maybe ones that you're familiar, with but also ones that 1:07 might have something to do with an area that you're going into at some point; our 1:13 future job or career prospects. If you need any help, please reach out to your course 1:17 professor right away. Thank you.