Question
Your teams task is to develop two innovative ideas for solving Singing Valleys problem. At the minimum, include the following in your response: a) An
Your teams task is to develop two innovative ideas for solving Singing Valleys problem. At the minimum, include the following in your response:
a) An analysis of the five forces of the Singing Valley market. Make and justify any necessary assumptions about their market.
b) A statement of Singing Valleys competitive strategy.
c) A statement of the problem. Recall from Chapter 2 that a problem is a perceived difference between what is and what ought to be. If the members of your group have different perceptions of the problem, all the better. Use a collaborative process to obtain the best possible problem description to which all can agree.
d) Document in a general way (like the top row of Figure 3-10) the process of up-selling an activity.
e) Develop two innovative ideas for solving the Singing Valley problem. For each idea, provide:
. A brief description of the idea.
.A process diagram (like Figure 3-11) of the idea. Figure 3-11 was produced using Microsoft Visio; if you have access to that product, youll save time and have a better result if you also use it.
. A description of the information system needed to implement the idea.
f) Compare the advantages and disadvantages of your alternatives in part e and recommend one of them for implementation.
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