Premium Essay

Flex Tech

In:

Submitted By frundler151
Words 292
Pages 2
1. Ignoring the option to sell to BioDevice in year two, at what price do you value the project?

From the venture capitalist perspective, I would use the same valuation as the financial consulting firm of $530,539 at a 70% discount rate. Because this investment is just starting out, it is in the “seed and startup” stage of development, which requires between a 50% and 100% required rate of return in order to account for the vast amount of unknown risk as well as the expertise that the investors will be able to provide for the project. As the developer, Krause is certainly very optimistic about his investment; the higher rate of return I would expect accounts for all of the unknowns regarding the bias of cash flow presented by Krause.

2. How does the option to sell in year two change your analysis? Can you estimate what percentage of the time he will exercise this option?

The option to sell in year two lowers the risk of the investment because we will be able to see how successful the project is within the first year, and we might be able to recover some loss if the project is not as successful as initially anticipated. However, I still feel that it would fall within the recommended range of the initial stages of development, but on the lower range of required rate of returns (50%). Using a discount rate of 50%, the project would now be valued at $1,331,678. With this discount rate, the project is only 27% likely to be worth more than Krause’s initial investment after taxes ($1 Million). This suggests that Krause would take a loss 73% of the time, and thus sell at that

Similar Documents

Free Essay

Fitbit Overview

...Product Overview Fitbit was founded by James Park and Eric Friedman in 2007 since then Fitbit has grown into one of the most popular wireless activity trackers. Fitbit’s mission is to inspire people to live a healthier and more active lifestyle. Fitbit Flex is “a wristband that makes fitness fashionable.” Fitbit uses wireless technology to track all-day activity such as, how many steps you have taken, the distance you have traveled, how many calories you have burned, how many minutes you were active, and a sleep monitor to tell you how long and well you slept. Fitbit Flex comes with two band sizes, small and large made from a flexible material that provides all day comfort; the bands are interchangeable and come in different colors. Fitbit currently has six different types of wireless activity trackers you can buy, along with a “wi-fi smart” scale for continuous tracking of your weight loss. Consumers can track their activity through an app that is downloadable on any smart phone to keep track of how many steps are being taken, calories in and out, and tracking what foods they consume. As well as tracking on your smart phone you can also track your activity through a dashboard online to see what your latest statistics for the day are. Industry/Business Fitbit is currently sold in over 50 countries and is being sold in over 45,000 retail outlets. “Fitbit can be synced with over 150 mobile devices and currently boasts the largest community of connected...

Words: 1105 - Pages: 5

Free Essay

Flex 3 - a Beginners Guide - 9780071544184.31985.Pdf

...Flex 3: ™ A Beginner’s Guide Michele E. Davis Jon A. Phillips New York Chicago San Francisco Lisbon London Madrid Mexico City Milan New Delhi San Juan Seoul Singapore Sydney Toronto Copyright © 2008 by The McGraw-Hill Companies. All rights reserved. Manufactured in the United States of America. Except as permitted under the United States Copyright Act of 1976, no part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior written permission of the publisher. 0-07-160364-6 The material in this eBook also appears in the print version of this title: 0-07-154418-6. All trademarks are trademarks of their respective owners. Rather than put a trademark symbol after every occurrence of a trademarked name, we use names in an editorial fashion only, and to the benefit of the trademark owner, with no intention of infringement of the trademark. Where such designations appear in this book, they have been printed with initial caps. McGraw-Hill eBooks are available at special quantity discounts to use as premiums and sales promotions, or for use in corporate training programs. For more information, please contact George Hoare, Special Sales, at george_hoare@mcgraw-hill.com or (212) 904-4069. TERMS OF USE This is a copyrighted work and The McGraw-Hill Companies, Inc. (“McGraw-Hill”) and its licensors reserve all rights in and to the work. Use of this work is subject to these terms. Except as...

Words: 51940 - Pages: 208

Free Essay

Adobe Flash

...and video, and it can capture user input via mouse, keyboard, microphone, and camera. Flash contains an object-oriented language called ActionScript and supports automation via the JavaScript Flash language (JSFL). Flex Adobe Flex is a software development kit (SDK) released by Adobe Systems for the development and deployment of cross-platform rich Internet applications based on the Adobe Flash platform. Flex applications can be written using Adobe Flash Builder or by using the freely available Flex compiler from Adobe. In February 2008, Adobe released the Flex 3 SDK under the open source Mozilla Public License and so Flex applications can be developed using any standard IDE, for example Eclipse. On November 17th, 2011, Adobe officially open-sourced Flex and donated it to the Apache Software Foundation. Flex SDK includes the Flex framework (also known as the Flex class library), Flex command-line compilers, the Flex debugger, the ASDoc utility, and the debugger version of Adobe® Flash® Player and Adobe® AIR® runtimes. Use the Flex SDK to develop, compile, and deploy Flex applications that connect to XML and SOAP web services or connect to various server technologies such as PHP, Adobe® ColdFusion®, Java, and .NET using a server technology such as BlazeDS. Flex applications can be built and configured to target browsers via the Flash Player runtime and desktops or mobile devices via the AIR runtime....

Words: 592 - Pages: 3

Free Essay

Baker

...‫‪ADOBE SYSTEMS INCORPORATED‬‬ ‫اﺗﻔﺎﻗﻴﺔ رﺧﺼﺔ ﺑﺮﻧﺎﻣﺞ آﻤﺒﻴﻮﺗﺮ ﺷﺨﺼﻲ‬ ‫1. اﻹﻗﺮار ﺑﻌﺪم اﻟﻤﺴﺆوﻟﻴﺔ ﻓﻲ اﻟﻀﻤﺎن واﺗﻔﺎﻗﻴﺔ اﻻﻟﺘﺰام واﻟﺸﺮوط واﻷﺣﻜﺎم اﻹﺿﺎﻓﻴﺔ.‬ ‫1-1 اﻹﻗﺮار ﺑﻌﺪم اﻟﻤﺴﺆوﻟﻴﺔ ﻓﻲ اﻟﻀﻤﺎن. ُﺴﻠﻢ ﻟﻚ اﻟﺒﺮﻧﺎﻣﺞ وﻣﻌﻠﻮﻣﺎت أﺧﺮى "آﻤﺎ هﻲ" وﺑﺠﻤﻴﻊ اﻟﻌﻴﻮب. ﻻ ﺗﻜﻔﻞ، وﻻ ﺗﺴﺘﻄﻴﻊ أن‬ ‫ﻳ‬ ‫ﺗﻜﻔﻞ، ﺷﺮآﺔ ‪ ،Adobe‬وﻣﻮردوهﺎ وﺟﻬﺎت ﻣﻨﺢ اﻟﺘﺮﺧﻴﺺ ﺑﺎﺳﻤﻬﺎ، اﻷداء أو اﻟﻨﺘﺎﺋﺞ اﻟﺘﻲ ﻳﻤﻜﻦ أن ﺗﺤﺼﻞ ﻋﻠﻴﻬﻤﺎ ﻣﻦ ﺧﻼل اﺳﺘﺨﺪام‬ ‫اﻟﺒﺮﻧﺎﻣﺞ، ﺧﺪﻣﺎت ﺳﻠﻄﺔ ﻣﻨﺢ اﻟﺘﺮﺧﻴﺺ أو ﻋﺮوض أي ﻃﺮف ﺛﺎﻟﺚ ﺁﺧﺮ. وﺑﺎﺳﺘﺜﻨﺎء ﻣﺎ ﻳﻜﻮن ﺧﺎﺻﺎ ﺑﺄي ﺿﻤﺎن أو ﺷﺮط أو ﺗﻌﻬﺪ أو‬ ‫ً‬ ‫ﺷﺮط ﻻ ﻳﻤﻜﻦ اﺳﺘﺜﻨﺎؤﻩ أو ﺗﺤﺪﻳﺪﻩ ﺑﻤﻮﺟﺐ اﻟﻘﺎﻧﻮن اﻟﻤﻌﻤﻮل ﺑﻪ ﻓﻲ ﺟﻬﺔ اﻻﺧﺘﺼﺎص اﻟﻘﻀﺎﺋﻲ اﻟﺘﻲ ﺗﺘﺒﻌﻬﺎ، ﻓﺈن ‪Adobe‬وﻣﻮر ّﻳﻬﺎ وﺟﻬﺎت‬ ‫د‬ ‫ﻣﻨﺢ اﻟﺘﺮﺧﻴﺺ ﺑﺎﺳﻤﻬﺎ ﻟﻦ ﻳﻘﺪﻣﻮا أﻳﺔ ﺿﻤﺎﻧﺎت أو ﺷﺮوط أو ﺑﻴﺎﻧﺎت ﺗﻤﺜﻴﻞ أو أﺣﻜﺎم، )ﺻﺮﻳﺤﺔ أم ﺿﻤﻨﻴﺔ، ﺳﻮاء ﺑﻤﻮﺟﺐ اﻟﺘﺸﺮﻳﻊ أو‬ ‫اﻟﻘﺎﻧﻮن اﻟﻌﺎم أو اﻟﻌﺮف أو اﻻﺳﺘﺨﺪام أو ﻏﻴﺮ ذﻟﻚ( ﻣﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺄﻳﺔ ﻣﺴﺎﺋﻞ أﺧﺮى، وﻳﺸﻤﻞ ذﻟﻚ وﻟﻜﻨﻪ ﻻ ﻳﻘﺘﺼﺮ ﻋﻠﻰ، ﻋﺪم اﻻﻧﺘﻬﺎك ﻟﺤﻘﻮق‬ ‫أﻃﺮاف ﺛﺎﻟﺜﺔ أو اﻟﻤﻠﻜﻴﺔ أو ﻗﺎﺑﻠﻴﺔ اﻟﻌﺮض ﻟﻠﺴﻮق أو اﻟﺘﻜﺎﻣﻞ أو اﻟﺠﻮدة اﻟﻤﺮﺿﻴﺔ أو اﻟﻤﻼءﻣﺔ ﻷي ﻏﺮض ﻣﺤﺪد وﺧﺎص. ﺗﺴﺮي ﻧﺼﻮص‬ ‫اﻟﺒﻨﺪﻳﻦ 1.1 و01 ﻓﻲ ﺣﺎل إﺑﻄﺎل هﺬﻩ اﻻﺗﻔﺎﻗﻴﺔ، ﺑﻐﺾ اﻟﻨﻈﺮ ﻋﻦ آﻴﻔﻴﺔ ﺣﺪوث ذﻟﻚ، ﻟﻜﻦ ذﻟﻚ ﻻ ﻳﻌﻨﻲ وﻻ ﻳﻨﺸﺄ أي ﺣﻖ ﻣﺘﻮاﺻﻞ ﻻﺳﺘﺨﺪام‬ ‫هﺬا اﻟﺒﺮﻧﺎﻣﺞ ﺑﻌﺪ إﺑﻄﺎل هﺬﻩ اﻻﺗﻔﺎﻗﻴﺔ.‬ ‫1-2 اﺗﻔﺎﻗﻴﺔ اﻻﻟﺘﺰام: ﻋﻨﺪ ﻗﻴﺎﻣﻚ ﺑﺎﺳﺘﺨﺪام أو ﻧﺴﺦ أو ﺗﻮزﻳﻊ آﻞ أو أي ﺟﺰء ﻣﻦ ﺑﺮﻧﺎﻣﺞ ‪ ،Adobe‬ﻓﺄﻧﺖ ﺑﺬﻟﻚ ﺗﻮاﻓﻖ ﻋﻠﻰ وﺗﻘﺒﻞ ﺟﻤﻴﻊ‬ ‫أﺣﻜﺎم وﺷﺮوط هﺬﻩ اﻻﺗﻔﺎﻗﻴﺔ، ﺑﻤﺎ ﻓﻲ ذﻟﻚ، وﻋﻠﻰ وﺟﻪ اﻟﺘﺤﺪﻳﺪ، اﻟﻨﺼﻮص اﻟﺘﺎﻟﻴﺔ:‬ ‫اﻻﺳﺘﺨﺪام )ﺑﻨﺪ 3(‬‫ﻧﻘﻞ اﻟﻤﻠﻜﻴﺔ )ﺑﻨﺪ 5(‬‫اﻻﺗﺼﺎل ﺑﻴﻦ اﻷﺟﻬﺰة واﻟﺨﺼﻮﺻﻴﺔ )ﺑﻨﺪ 7( ﻳﺸﻤﻞ:‬‫ ﻋﻤﻠﻴﺎت اﻟﺘﺤﺪﻳﺚ،‬‫ اﻟﺘﺨﺰﻳﻦ اﻟﻤﺤﻠﻲ،‬‫ ﻣﺪﻳﺮ اﻹﻋﺪادات،‬‫ ﺗﻘﻨﻴﺔ اﻻﺗﺼﺎل ﻋﺒﺮ ﺷﺒﻜﺎت ﺑﻤﺴﺎﻋﺪة...

Words: 151760 - Pages: 608

Free Essay

Ford Focus

...FORD FOCUS Visionary. Ingenious. Remarkable. Every car bears his signature. Unlock extra content online. Use an appropriate app on your smartphone or tablet to scan the QR codes in this brochure. The world s best-selling name plate just got even better. The new Focus has a sleek exterior, an elegant new grille, and new state-of-the-art headlights and rear lights. Sit inside and you ll appreciate the enhanced instrument panel and a new-design steering wheel. But it is the new technology such as a parking system that gets you in and out of tight spaces that ensures the most technologically advanced car in its class stays that way. Control Blade independent rear suspension The Ford Focus offers you an addictive driving experience. A key element is the Control Blade independent rear suspension that absorbs both horizontal and vertical rear-wheel movement and provides passive rear wheel steering for increased cornering stability. 6 7 EcoBoost.The story of LESS FUEL MORE POWER. With its turbocharger, direct injection and diamond-like coating on the piston rings, the Ford EcoBoost engine produces the same performance as a larger engine, but with superior fuel economy and lower emissions. The new Ford Focus gives you a choice of three EcoBoost engine sizes: ■ ■ The 1.0-litre EcoBoost The 1.5-litre EcoBoost The 2.0-litre EcoBoost three times winner of International Engine of the Year. all the power and performance of the 1.6-litre ultimate power, available...

Words: 10769 - Pages: 44

Premium Essay

Hrm in Israel

...The transition from a Socialist approach to a free market approach and the rise of a new high-tech sector are two remarkable shifts that have occurred in the last two decades in Israel. In the face of these changes, human resource (HR) practitioners are currently expected to assume new roles, adopt different work values, and apply appropriate strategies. HR managers in the low-tech industry still adhere to traditional values and strategies, including a reliance on trade unions and an emphasis on job security and the employees’ years of work experience and seniority as key criteria for promotion. In the emerging high-tech sector, HR managers have adopted new values and developed new strategies, including human resource management programs, employee empowerment, higher salaries and better benefits, while placing an emphasis on employees’ talents and qualifications. Source: http://www.emeraldinsight.com/journals.htm/journals.htm?issn=01437720&volume=22&issue=3&articleid=848302&show=html&PHPSESSID=qj5kp1babsuadbfaj 47luam41 Recent changes in Israeli society and economy and their relation to Organizational Politics Over the past three decades, Israel has undergone significant economic, industrial and cultural transformations. These developments have shifted public values considerably and may indirectly affect OP and HR practices. For example, Sagie and Weisberg (2001) maintain that in recent years, Israeli society has gone from being ascetic...

Words: 1651 - Pages: 7

Free Essay

Innovation

...CHINA BOOST FOR SENAI HI-TECH PARK Senai Hi-Tech Park, Malaysia's second high technology industrial park, got off to a promising start with investments of more than US$500 million (RM1.7 billion) from two companies in Johor. China-based EQ Solar Technology International Sdn Bhd plans to invest US$500 million to produce solar modules while leading industrial gases provider MOX-Linde Gases Sdn Bhd, through its initial outlay of RM60 million, plans to set up an industrial gases separation plant. Senai High Tech Park chief executive officer (CEO) Datuk Ahmad Shukri Tajudin said this shows that the park is ready to compete as another preferred location for hightechnology manufacturing, research and innovation activities. Located within Iskandar Malaysia, the park has drawn interest from investors in the US, Europe and China. "Interest is in various sectors including semiconductor industry and solar," he said at a media briefing. International Trade and Industry Minister Datuk Seri Mustapa Mohamed, witnessed the signing of the memorandum of understanding in Kuala Lumpur yesterday. "We're expecting a few more similar investments," Mustapa said, without disclosing details. Malaysia has so far attracted several global solar industry players like First Solar, Sunpower and Q-Cells. There are also several domestic investments in solar power projects in Selangor and Sabah. Mustapa hopes that the park will create more jobs, similar to what was achieved at the Kulim Hi-Tech Park in the north. The...

Words: 452 - Pages: 2

Free Essay

Guillermo Furniture

...over the years. Guillermo Furniture Store Recommendation Analysis and Recommend Financial Decision The economy is weak, new competitors’ establishing a presents, Guillermo must tackle a tough decision, which is to become a furniture distributor or stay on the manufacturing side, or possibility do both. Guillermo understands that change is forth coming and he has to venture forward but the dilemma is what the best alternative is. First Guillermo must analysis the financial alternatives and establish which objective is beneficial for the company. The next step is to gather information and formulate a pro forma cash flow budget to analyze the projected earnings for the next five years for the company (University of Phoenix, 2007). Hi-Tech Option Guillermo established his wealth various years ago because of the low cost in labor along with an extraordinary location for manufacturing. The company’s success has held strong on those foundations until now. There are a few concerns for Guillermo that may cause the company to change the way it does...

Words: 2497 - Pages: 10

Premium Essay

Four Strategically Required Organizational Outcomes for Siemens

...strategy-oriented HR system case study 1. * Strategically required organizational outcomes: * Good products and good services. Products and services is always the most important thing for a manufacturing company. Siemens has become a world leader by diversifying into hi-tech products and services, it need to maintain this advantage and develop it even further to achieve more. * Going global and expand. Globalization gives big companies a chance to expand rapidly. Siemens has succeeded in going global but this is a long way, it still needs more expansion into more countries or areas that are not covered yet. * Positive brand image. A good company image is extraordinarily important to the company’s healthy development. Siemens needs to keep customers satisfied both with its products and services, which helps it to get more market share and expand even faster. * A good employee selection, training and compensation system. The company not just need to keep customers satisfied, it has to keep employees happy too. So that it can work more efficiently and effectively. * Required workforce competencies and behaviors: * Learning on a continuing basis. Siemens is in high-tech business so the nature decided that its employees need to learn new things every day. * Good teamwork. The ability to work with people is essential in such big corporation. Especially when it’s going global. * Mutual respect and appreciation of workforce diversity. Siemens...

Words: 296 - Pages: 2

Free Essay

Mjlfdkjgl

...DARA & SON PVT. LTD Rohini, Sec. 29, New Delhi Research Paper by Manish Bhatt and Prabhudas Lilladher ATTRACTIVE MIDCAPS AMONGST RECENT IPO ISSUES:- [pic]Tech Mahindra and GMR Infrastructure have once again raised interest in the IPO segment. While Tech Mahindra and GMR Infra are obvious choices experts are also bullish on Nectar Life sciences, Unity Infra, All cargo Global and…With over subscription of Voltamp Transformer recently experts give attractive midcap picks from this fraternity for the long-term.   Future business model, sound managements, availability at prices below their issue price, attractive valuations, niche positioning within their industry and future growth are important reasons why investors should log on to these IPOs feel a bevy of experts Money control spoke with.   Apart from that Keynote Capitals in its report titled ‘Attractive Recently Listed Midcap Stocks’ have mentioned names like Nectar Life sciences, Repro India, Talbros Automotive and K Sera.   While a number of them are available at a substantial premium to their offer price, six of them are still quoting at a discount to their issue price.    Everest Kanto looks pretty good at current levels for the long term. All cargo Global also looks good in the recently listed midcap IPOs.   Both the companies are in a niche segment and have done quite well on the fundamentals post-listing. Everest Kanto ranks first as far as LPG cylinder manufacturing is concerned. It posted fairly...

Words: 1132 - Pages: 5

Free Essay

Managing in International Business

...NAME: Meghna Shrivastava STUDENT ID: c7080738 COURSE: B.A (HONS) International Business MODULE: Management of International Business MODULE TUTOR: Mr. Ashish Tripathi EXECUTIVE SUMMARY Club Mahindra holiday is a consumers service industry which is part of Mahindra group having infrastructure of US $ 14.4 million. Under Club Mahindra flagship Mahindra Holiday and Resorts India Ltd (MHRIL) was started in 1996 as a realty sector of Mahindra group brought up for bring values, reliabilities and trust and customer satisfaction. Club Mahindra has got an affiliation with RCI which consist of 60% of the service industry market share, which make Mahindra holiday timeshares largest holiday ownership brand in India. Apart from being a customer centric company club Mahindra performs various Corporate Social Responsibilities for the well fare of people, employees, its customers and environment. According to CESD, 2007 Tourism is becoming one of the largest business sector in the world showing 2005 receipt of international tourism reaching $6.82 trillion. Club Mahindra performs in service industry where revenue produced in 2008 by service industry was $4,028.6 billion showing CAGE OF 6.3% from 2004-08. (Datamonitor, 2009) Furthermore, club Mahindra perform or exist in environment where customers has the power to control the market. Whereas, large number of suppliers weakens them from leading, new entrants in service industry is very easy but the threat of substitutes and...

Words: 4784 - Pages: 20

Premium Essay

Born Global Firms

... Born Global firms often possess unique resources and capabilities such as entrepreneurial orientation of the founders, innovation behind products and technology, accumulated knowledge of the founders and managers from previous work experience, and networking capabilities. Managers with a previous background of international strong activity will give to the company a more sure address to its business expansion, for this reason a high level of entrepreneurial orientation supports the firm´s ability to recognize and create opportunities at an early stage. It can be argued that Born Global firms are typically found in niche business areas where products are unique, and require high amount of research and development like the high tech business area. It is very important to invest in products with a short life cycle and high technology sectors are characterized by this necessity of a continued innovation which can protect those firms and products from any imitation. As for geographic locations of these Born Global firms, their headquarters can be found in various countries, such as the United States, United Kingdom, Switzerland… Rich and large countries give birth to Born...

Words: 316 - Pages: 2

Free Essay

Micrologic

...Resource i.) R&D has 3 engineers ii.) Micrologic has 13 employees. iii.) Hilary De Leon hires people from only top 4 engineering schools. V. Social Responsibility Application i.) Encourage people to improve their lives. ii.) Give employment iii.) Payment of taxes to the government VI. Statement of the Problem How can Micrologic excel in Technological industry? VII. Statement of Objectives a. Long term To be the best in Research and Developing by having both Filipino and Foreign scientists and engineers. b. Short term To make sure that there would be a development In their support facilities in a year. VIII. SWOT Analysis A. Strengths i.) The company is known for their high-tech products with creative designs ii.) The company is both locally and internationally...

Words: 511 - Pages: 3

Premium Essay

Company Analysis- Mahindra & Mahindra Lid.

...Industry Analysis: 1. Industry trends: Indian and Global perspectives, recent happenings Mahindra & Mahindra Ltd. is the flagship company of the Mahindra group presence in the Aerospace, Agribusiness, Automobile, Components, Defense, Energy, Farm Equipment and Logistics industries. Let take a look at the industry trends in its main line of business Automotive and Farm Equipment. Automotive Industry: The Society of Indian Automobile Manufacturers (SIAM) plans to propel the Indian Auto industry to a global $145 bn industry by 2016 whilst promoting sustainability by addressing the multiple challenges arising out of emissions, climate change, energy security and safety. It plans to achieve its target by increasing competitiveness between the local rivals and put in efforts to bring in more eco-friendly products. The automotive industry has a highly cyclic demand and looking at the current global and national economic scenario it is in for some tough times. Also with high inflation and increasing presence of global heavy weights in the local market, the Indian Automotive Industry is in for its biggest test till date. Also attention must be focused on using technology to built more fuel efficient cars, hybrid cars, cars with lower CO 2 emission. Companies will need to maintain a balance with their investments in technology and profits in order to have a sustainable growth and also look to expand to global markets. On the global scale the...

Words: 497 - Pages: 2

Premium Essay

The Art of High-Technology Management

...The paper is mainly about the management of the high-tech companies in a successful way. The article is written as the result of a research that exceeds two decades which consists of surveys and interviews with several CEOs and executives from different high-tech industries and different-sized firms. In the article the authors define six key headings for a successful management of high-tech companies. After explaining all, they also put these topics in two groups which are paradoxical. The themes mentioned in the article which are “business focus”, “organizational cohesion” and “sense of integrity” represent the static and stable side of the paradox. On the other hand “adaptability”, “entrepreneurial culture” and “hands-on top management” are dynamic and changing side of the paradox. Six themes of the successful high-tech management that are mentioned in the article: Business Focus: To succeed as a technology firm, companies should focus their attention on production lines, R&D stage and business priorities. Instead of making effort for irrelevant and wide product portfolio, they should concentrate on well-known and well-done products, areas or trying to create new product lines or business opportunities which are related to these. For the technological leadership of the companies, R&D expenses also should be enduring in a few areas instead of being in many areas and discontinuous. Adaptability: A high technology company should be able to adapt and lead the rapid changes...

Words: 413 - Pages: 2