Our Services

Get 15% Discount on your First Order

[rank_math_breadcrumb]

create an internal memo

You work as a middle manager for one of the top U.S. producers of luxury and mass-market automobiles and trucks. The chief technology officer (CTO) of your company has been researching new technology developments that the company could integrate into its vehicles to enhance their usefulness and access to sensor data. Such data is acquired by the many digital sensors that have been integrated into vehicle subsystems over the past 20–30 years. The technology trend of particular interest to the CTO is the internet of things (IoT), the interconnection of embedded devices such as sensors and computers over the internet to share data. For automobiles, the trend points to creating connected cars.

Directions

Senior management has decided to explore IoT for your company’s trucks and cars. Your task is to create an internal memo explaining that the company should integrate IoT into its product line using the RWW (real, win, worth it) screening tool and the information from the CTO Brief, Comparative Growth Data, Comparative Operating Statistics, and Comparative Product Plans documents included below in the Supporting Materials section below. Your submission should address the following elements:

  1. Discuss the feasibility of the product line (refer to RWW screening tool question number one: Is it real?).
    1. Is there a need or desire for the product in the market?
    2. Is the size of the potential market adequate?
    3. Can the product actually be made? Why or why not?
    4. Will the final product meet the market demands and expectations?
  2. Discuss the ability of the company to win market share (refer to RWW screening tool question number two: Can we win?).
    1. Will your company’s products have a competitive advantage?
    2. How might your competitors respond to your company launching this product?
    3. Is your company equipped to understand the market properly and respond to changes?
  3. Discuss the potential benefits to the company of producing this product (refer to RWW screening tool question number three: Is it worth doing?).
    1. Will the product be profitable at an acceptable risk?
    2. Does launching the product align with your company’s strategy?
    3. Will your company’s senior management support this project? Why or why not?
  4. Explain the reasons why IoT and connected cars are strategically important to your company based on the answers to the questions above.
    1. Consider the evolving customer needs and desires; how would they impact your company’s product plan?
    2. How might competitors change their product offerings or strategies in response to the changes in your company’s development plan?
    3. Could accelerating development of connected cars help grow your company? Consider short-term and long-term impacts.

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

Logistics 3

see attached BUSI 615 Integrated Learning Project Assignment Instructions Overview The integrated learning assignment is a series of 6 assignments and a final course consolidated submission. All assignments and the compilation of the final consolidated submission is managed as an individual assignment. Purpose The purpose of the ILP is for

Total Quality Management 3

see attached  BUSI 616 Customer Satisfaction Assignment Instructions Review the assigned readings and reflect on who the customer is within your selected organization. Is importance placed on satisfaction on both the internal and external customer? How are the needs of both internal and external customers identified? Who is empowered in

1-1 Discussion: Introduction and Selection of Organizations

 lect two to three organizations for consideration for your capstone project’s feasibility study. Provide a brief descriptive background and a general financial overview of each organization. For the financial overview, locate up-to-date financial information and copy and paste the information into your post. Then discuss why you feel each organization

Business & Finance Business 508 Managerial Analytics ( Excel Spread Sheet Homework)

Excel Spreadsheet Assignment Simple. Excel Homework Assignment 1 – Business Analytics Basics (50 Points) Course: Business Analytics / Project Management Analytics Submission Format: Excel File Upload Assignment Overview This assignment is designed to help you practice basic Excel skills and introductory business analytics modeling. You will build a simple spreadsheet,

Case Study: How Sysco Is Shaping the American Food System

Strength: Sysco wins because it can deliver almost everything a restaurant needs through one large, coordinated distribution network, saving customers time and reducing ordering headaches. Weakness: Because Sysco is built for efficiency and volume, its product mix can feel “same everywhere,” which can make it harder for independent restaurants to

ITC 5301 VI PPP

2 Management Information Systems ITC 5301 Unit VI PowerPoint Presentation This measures your mastery of ULOs 3.4, 3.5, 4.2, and 5.4. Harnessing the Power of AI for Strategic Decision- Making: Opportunities and Challenges The objective of this assignment is to understand and analyze the role of artificial intelligence (AI), business

HRM 6304 VDBR1

2 Labor Relations and Collective Bargaining HRM 6304 Unit V Discussion Board Reply 1 Initial post to be a minimum of 250 words and at least one supporting reference. You should also include at least two references. Reply to post below The most immediate danger of a narrow wage spread

BUSINESS MANAGEMENT GREAT WORK, ON TIME, NO PLAGARISM,

tutor discussion response Respond dm (No more than 150 words) So, for this week’s discussion board, we look at wearable AI devices. This for sure has always been where technology was headed. Like in the TED talk in our lesson plan, technology has been on a constant path to scaling

Assignment 2

Due 2/6/2026 Assignment 2 Conceptualizing Successful leadership For Current Times This assignment is aimed at providing opportunities to reflect on current challenges and experiences influencing the role of leaders in your field. Considering your professional field, create a sketch describing your views for successful leadership in your professional field (HVAC

Virtual Meetings: Communicating Your Plan

Overview In today’s modern workplace, employees have a wide range of digital tools at their fingertips to meet virtually with colleagues and/or customers. This assignment allows you to practice your communication, digital proficiency, and productivity skills. Imagine that you are preparing for a Zoom meeting with a colleague to discuss

BUSINESS MANAGEMENT GREAT WORK, ON TIME, NO PLAGARISM,

tutor discussion Week 5 Discussion: Agency Regulation (No more than 300 words) Discussion Prompt Background and Resources In 1934 Congress created the Securities & Exchange Commission (SEC) to regulate publicly traded stocks and securities. The SEC’s responsibilities cover a range of activities. Two types of violations found in SEC cases are:

biblical

good to go  BUSI 502 Biblical Integration Project Assignment Instructions Overview The purpose of the individual biblical integration paper is to explore the topic of servant leadership in a non-exhaustive scholarly manner that will be useful in your chosen field. In this individual project, learners will be able to demonstrate

Write up report

Please read directions Purpose The purpose of this assignment is to create an analysis of the results you received from Unit 4 Assignment 1. You will use this assignment to write about the results and analyze the data and main results of the model. Task Write a 2-3 page (600

Discussion Response

Please see attachment.    In your responses, evaluate the conclusions made by your classmates regarding loan request of this company, the possible source of funding to expand the market in a fo2. reign country, and whether you agree with these. 

ITC 5301 VDBR1

2 Management Information Systems ITC 5301 Unit V Discussion Board Reply 1 Your initial post should be at least 250 words in length. Your initial post should include at least one APA-formatted scholarly, professional, or textbook reference with accompanying in-text citation to support any paraphrased, summarized, or quoted material. Reply