Challenges face established firms in regards to innovative technology. Three challenges include 1) working on existing opportunities;...

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General Management

Challenges faceestablished firms in regards to innovative technology. Threechallenges include 1) working on existing opportunities; 2)pursuing future opportunities; and 3) optimally balancing thefirm’s resources to work on the existing while pursing the futureopportunities.
Questions
Describe how your firm allots and distributes resourcesfor innovative technology opportunities. Link their actions tocorporate strategy and corporate planning.
How does your firm allot resources tograsp existing opportunities?
How does your firm allot resources to pursue futureopportunities?
Is the allotment of resources optimal?

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Each and every organization needs to analyze the strengths and weakness of the organization which will also give them the knowledge about the organizations opportunities to penetrate the market and that is possible only when the organization is pointing out their opportunities that they possess and making use See Answer

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