Research Paper 4—Investing for the Future

fueninav04
timer Asked: Nov 25th, 2018

Question Description

*** Plagiarism is not acceptable ***

As part of activity 4 need to complete on “Investing for the Future " based on my project idea .Kindly refer attached instruction and tasks for the topic carefully.

I have also attached professor feedback for my research idea activity 3.Keep the feedback in mind prepare the activity 4.

Instructions:

  • Research Paper in in APA format. Plagiarism is not acceptable. (Please consider this top priority).
  • For Activity 4 complete instructions are attached. All instructions or tasks must be addressed.( Try to address all the information specified in each task )
  • Activity 4 is minimum 5 to 7 pages.( and reference page)
  • Paper must be included all the references and in-text citations. The references you cite should be credible, scholarly, or professional sources and Not older than 3 years.

Unformatted Attachment Preview

CLOUD-BASED ONLINE HOSPITAL APP WITH VIRTUAL REALITY FUNCTIONALITY 1 Cloud-based Online Hospital App with Virtual Reality Functionality Activity 3 - Making Strategy dsddasdasdassddbcdsdqddsadasdfr203sadaddadasdadd Assignment 3 Grading Criteria Defined the issues that are important for your organization to understand better as a function of time, scope, and other decision variables. Identified the major stakeholders (or actors). Identified and discussed at least twenty key forces that would be shaping the future from the perspective of the issues defined in the first task. Rated each force in terms of its predictability and importance. Represented your forces as points labeled F1–F20 on an X-Y diagram, where the X axis represents the Predictability index and the Y axis represents the Importance index. Identified trends that might affect the issues of interest. Discussed how each trend will continue to exert an influence on the future. Identified and discussed key uncertainties. Selected the two most important key uncertainties and represented possible outcomes in a two-by-two matrix where each dimension is represented by one uncertainty with two possible outcomes. Developed each of the four scenarios by incorporating outcomes from other uncertainties and key trends. Refined the scenarios by addressing internal consistencies. Explained how you would revisit your scenario-planning procedure and use your scenarios to devise strategies and test them to address the full range of scenarios. Maximum Points 20 Earned Points 10 20 40 40 20 40 20 40 20 CLOUD-BASED ONLINE HOSPITAL APP WITH VIRTUAL REALITY FUNCTIONALITY 2 Submitted a paper adhering to APA style and demonstrated graduate-level writing skills and information literacy. Total: 20 10 200 100 \Strategic Issues Numerous issues arise while using this technology. The first issue to understand as a function of time is the changing cost of technology (Moreno-Vozmediano, Montero, & Llorente, 2013). As the organization expands, the cloud computing platforms will attract more traffic and utilization. In this respect, the cost model is a function of time in that as time increases; operational costs will increase. Therefore, the organization must identify how to balance cost against the profit projections over time. The level of expertise needed is equally a function of time. As the Cloud-based Online Hospital App attracts more users, the cloud platform will need to be efficient to guarantee quality and positive user experience. In this regard, it is imperative for the organization to understand how to scale the system to accommodate the increasing demand. On the other hand, bandwidth issues will arise as the user traffic increases. It is exceptionally essential to understand how to magnify the bandwidth in line with consumer needs. Furthermore, a strategic plan is needed to aid the integration of the cloud computing App into the overall business strategy. Major stakeholders interested in these issues are the employees, customers, and the regulators. The employees are the most critical stakeholders in that they determine the performance of the App. They oversee its functionality. Thus they must have the needed CLOUD-BASED ONLINE HOSPITAL APP WITH VIRTUAL REALITY FUNCTIONALITY 3 expertise. The government is an interested major stakeholder as it establishes the IT policies and regulation that govern cloud computing (Badger, Bernstein, Bohn, De Vaulx, Hogan, Iorga, & Sokol, 2014). The business has to comply with the all government policies to mitigate risks. The customers are interested parties in that they expect exceptional and quality service. Poor service will cultivate dissatisfaction and ultimately, lower retention rates. CLOUD-BASED ONLINE HOSPITAL APP WITH VIRTUAL REALITY FUNCTIONALITY 4 The 20 Key Factors that Shape the Future of the Technology This section has evaluated 20 factors that will shape the technology and the organization in the future. The analysis will rate the factors on a scale of 1-5 where is 1 either predictable or important. On the other hand, a rate of 5 will mean very predictable or very important. ➢ Taxes – taxes will influence the cost of the technology (Predictability: 1 ; Importance: 5) ➢ Regulatory compliance – the government might subject the technology to more control, thereby making its use in specific regions difficult (Predictability: 2; Importance: 4). ➢ Foreign policy – trade sanctions in some countries will limit international reach (Predictability: 1 ; Importance: 2) ➢ Legal issues – the different legal regimes across nations will influence the level of technological adoption .The different regimes make compliance difficult and costly (Predictability: 1 ; Importance: 2) ➢ Consumer law – some countries such as the USA, Canada, and UK have strict laws (Predictability: 2 ; Importance: 1) ➢ The health and safety laws in certain countries might frustrate the product (Predictability: 2; Importance: 5) ➢ Population growth – rising global population, is a positive outlook in that the technology will target a broader consumer base (Predictability: 5 ; Importance: 5) ➢ Consumer lifestyles – Migration into online platforms is a positive force in that the service will have a broader market to target (Predictability: 2 ; Importance: 5) CLOUD-BASED ONLINE HOSPITAL APP WITH VIRTUAL REALITY FUNCTIONALITY 5 ➢ Beauty norms – The social media has altered the perception of the self. Therefore, more people will seek advice on beauty products. In this respect, the technology is highly relevant in the age of social media (Predictability: 2; Importance: 5). ➢ Age distribution – the more significant proportion of the global population, is comprised of the youth. This aspect gives the technology a guaranteed market to target in the future (Predictability: 5; Importance: 3). ➢ Employment – the rate of employment is a key macro environment factor. Higher levels of employment give people higher incomes. That is, better employment rates in most market jurisdictions will likely increase demand for the service (Predictability: 2 ; Importance: 5) ➢ The popularity of the English language as the official business language will help the product navigate communication challenges (Predictability: 5; Importance: 5) ➢ Ethical issues – the technology is associated with considerable such matters as privacy, security and data protection. Ability to guarantee the ethical considerations will influence the adoption of the technology (Predictability: 1 ; Importance: 3) ➢ GDP growth – the rate of the global GDP growth will affect the adoption and pricing of the technology. Higher GDP growth will guarantee higher service adoption, and a premium strategy can be used (Predictability: 1; Importance: 5). ➢ Recession – recession or economic stagnation in critical markets will suppress technology adoption (Predictability: 2; Importance:1) ➢ Inflation – inflation is service adoption determining factor. Increasing inflation tends to limit consumer spending power. Therefore, a lower rate of inflation is favorable (Predictability: 1; Importance: 5) CLOUD-BASED ONLINE HOSPITAL APP WITH VIRTUAL REALITY FUNCTIONALITY 6 ➢ Investment in R&D – The investment in the R&D is vital in developing better and more efficient cloud computing software (Predictability: 3; Importance: 5). ➢ Technology incentives – technology incentives are vital as they motivate research in the relevant areas (Predictability: 1; Importance: 5). ➢ The rate of technological change – The pace of technological change is a threat to the stability of cloud computing software. Rapid change can affect long-term planning while also adding considerable costs to the business (Predictability: 1; Importance: 5). ➢ Competition – the threat of entry in this sector is high. As such, the level of competition will influence internal strategies (Predictability: 1; Importance: 5) Graphical Representation The diagram below is a graphical representation of the 20 forces. The X captures the Predictability variables while the Y represents the Importance Index Uncertainties vs Trends 6 Y-Predictable 5 1, 5 2, 5 4 4, 5 5, 5 2, 4 3 5, 3 2 1, 2 1 2, 1 0 0 1 2 3 4 X-Predictable DF - X - Predictable Y - Important 5 6 CLOUD-BASED ONLINE HOSPITAL APP WITH VIRTUAL REALITY FUNCTIONALITY 7 DRIVING FORCE Taxes 1 5 Regulatory compliance 2 4 Foreign policy 1 2 Legal Issues 1 2 Consumer Law 2 1 health and safety laws 2 5 Population growth 5 5 Consumer lifestyles 2 5 Beauty norms 2 5 Age distribution 5 3 Employment 2 5 English 5 5 Ethical issues 1 3 GDP growth 1 5 Recession 2 1 Inflation 1 5 Investment in R&D 1 5 Technology incentives 1 5 The rate of technological 1 5 4 5 change Competition CLOUD-BASED ONLINE HOSPITAL APP WITH VIRTUAL REALITY FUNCTIONALITY 8 Key Trends and Uncertainties This section will discuss various trends and uncertainties in the cloud computing sector. The popularity of hybrid cloud computing is gaining momentum. This form of cloud computing combines two service models for optimal functionality. This trend will affect the company as the demand for more agile expertise will rise. More experts will be needed to enhance service delivery. Another direction is the heavy focus towards quantum computing. Firms are already repositioning to adopt quantum capabilities through cloud computing (Ashok, 2018). This trend will exert pressure on the business in that it will add more costs to the company particularly in the medium term. The third trend is the growth of Function-as-a-Service and serve-less. This trend means that users will not have to worry about resource management. This trend is vital to the organization as it will lower the cost of operations. A particular uncertainty is user disbelief in the ability of the providers to guarantee quality. Users have privacy issues that might affect product adoption. Another risk is the potential information theft by malicious entities. Other forms of concerns include data transfer rate, processing time and system reliability (Tchernykh, Schwiegelsohn, Alexandrov, & Talbi, 2015). Matrix Analysis Uncertainty 1: Privacy Issues Potential outcomes -Beach of Privacy -Data theft Uncertainty 2: System reliability Potential outcomes -Inaccessible service -Poor user experience Results from other uncertainties -Poor processing times Low data transfer rate 1. Scenario-Planning Procedure CLOUD-BASED ONLINE HOSPITAL APP WITH VIRTUAL REALITY FUNCTIONALITY 9 The area that warrants a revisit is the step that discusses the plausible scenarios. In the analysis, two critical scenarios were identified as well as the potential outcomes. If I revisit the step, I will identify how each situation will add value to the organization. Also, I would explicitly identify the constraints and obstacles that define the possible solutions. The potential privacy issues will be prevented by always encrypting data at all times. Besides, data safety will be guarded using a range of data loss prevention tools. The organization will employ a variety of software testing methodologies to test whether data protection tools are useful. On the other hand, system reliability will be guaranteed through the use of powerful computing tools. The system will rely on a 5GHz bandwidth to enhance the processing power. The authenticity of the system will be tested using consumer surveys. References Ashok, A. (2018). Four Trends In Cloud Computing CIOs Should Prepare For In 2019.Retrieved from https://www.forbes.com/sites/forbestechcouncil/2018/07/05/four-trends-in-cloudcomputing-cios-should-prepare-for-in-2019/#7d5b69c34dc2 Badger, L., Bernstein, D., Bohn, R., De Vaulx, F., Hogan, M., Iorga, M., & Sokol, A. (2014). US government cloud computing technology roadmap. US Department of Commerce, National Institute of Standards and Technology. Moreno-Vozmediano, R., Montero, R. S., & Llorente, I. M. (2013). Key challenges in cloud computing: Enabling the future internet of services. IEEE Internet Computing, 17(4), 18-25. Tchernykh, A., Schwiegelsohn, U., Alexandrov, V., & Talbi, E. (2015). Towards Understanding Uncertainty in Cloud Computing Resource Provisioning. Procedia Computer Science. Activity 4—Investing for the Future This week, you will continue developing your project research and analysis on the emerging technology topic you selected in Activity 1. You will continue to gather information sources from the University Online Library and the Internet to develop your bibliography. For this assignment, you will use an options framework for the emerging technology you chose. The notion of real options pertains to tangible assets, such as capital expenditure, rather than financial instruments. Some examples of real options include the flexibility to defer making a decision; expanding, modifying, or contracting a project; investing in R&D with the intent to create new opportunities; and acquiring new technologies. Therefore, a real option is an actual business outcome that is valued in terms of strategic choices that an organization may gain by making specific decisions. Tasks: Utilizing the concepts introduced this week, address the following tasks pertaining to your project topic: • The real option framework is based on the view that all decisions are options decisions in the sense described above. First, you will need to refine your organization’s profile, that is, whether it is a product-oriented or service-oriented company, what its size is, what its financial state is, and what its competitive posture is in the industry where it operates. Then, identify and explain some typical decisions that could apply to your organization in conjunction with the adoption of your selected emerging technology and that have the potential to derive real options. • Select one decision that you would like to tackle that you believe has the greatest potential for creating real options. Analyze your decision using a hierarchical decision-tree structure to represent opportunities for managerial decisions through several levels. The branches of your decision tree will capture the decision alternatives and associated outcomes at each level, starting from the single root (your initial decision). Recognize and discuss all possible subsequent decisions captured in your tree from which value-adding real options can be derived. Constructing your decision tree may force you to refine your set of assumptions for your organization. See the figure provided in in this week's Supplemental lecture, Decision Tree for an example of a decision tree. • Address the valuation process of your real options. Discuss the potential benefits associated with the strategic choices that you identified through your decision tree. Examples of value-adding aspects are increased revenue associated with the successful commercialization of your selected emerging technology, strategic positioning creating opportunities for a competitive advantage, and an expanded knowledge base that can be leveraged for future decisions. Include the investment costs associated with the decisions in your analysis. • Describe a process for implementing the real options you arrived at via your decision analysis for your chosen emerging technology. Specifically, analyze how the organization will monitor progress in conjunction with the decisions, how it will test and update assumptions made in deriving the real options, and how it plans to exercise the options. • Consider the proposition that knowledge-based firms tend to have high Price-Earnings (P/E) Ratios, low payout ratios, and low debt/capital ratios. Discuss how these financial notions apply to your organization's adoption of your selected emerging technology. Also, discuss the possible justification for synergy and diversification. Instructions: • • • • Research Paper in in APA format. Plagiarism is not acceptable. (Please consider this top priority). For Activity 3 complete instructions are attached. All instructions or tasks must be addressed.( Try to address all the information specified in each task ) Activity 3 is minimum 4 to 5 pages.( and reference page) Paper must be included all the references and in-text citations. The references must be peer reviewed empirical journal articles. Not older than 3 years.
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

This question has not been answered.

Create a free account to get help with this and any other question!

Similar Content

Related Tags

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors