Business Finance Homework Help

Question:

In
reference to the document titled “Choice of Group Project topics…”
would you please
provide further clarification on how to interpret the information on
this page? How do we apply the information in each column? Also, when
the instructions state to “browse topics” is this referring to the links
under the column “Natural Law” or perhaps “product
modality”? Any further clarification on this is greatly appreciated.

Answer:

“On
the right columns, these are elemental parts of our business conceptual
framework,
on the left columns, these are the confines by the native and positive
laws, ethics inclusive, some are permissive, and some are not. In the
middle sections, you are given with some examples in a given direction.
To create your own product by your group that
may be considered somewhat to mimic the existing ones (e.g., those in
existence already).

Please do the research and try to draw the lines or gray area, even
blurring, between legally/ethically permissible and functionality
necessary/inseparable because under the U.S. law, the court system
generally will not rule on a case that falls into the
latter category (i.e., functionality necessary/inseparable because it
is governed by the natural law).

This is a skill and intuition a business manager should have
developed because it encourages innovation and creativity, rather than
“kill” those good ideas at first place.

For example, let’s say your group try to innovate the seat/bed
(either seat itself, or its arrangement, or both) on the commercial
airline, you have done research and found out a lot of them, You are
trying to create your own. You are struggling to create
a “new” one or a “new” method for its usage because you are not sure of
what is protected by the IP law and what is not. You have to further
do research or find a way to justify your design (e.g., to an extreme
example, you have 100% copied the other design
but with a new method for usage [e,g, baking soda used as a deodorizer
in the refrigerator], and if you can justify that it is within the
category of 100% “inseparability” between its functionality and design,
it might be still considered to be innovative
and creative as being “new.”). Please also consult with the guideline
for group project when you write up your designed ideas.

Please study that page of group project directions for your topic

choice. Please limit your group topic within the general framework

provided there. It does not have to be exact, but within those

categories, subject to those limitations and delimitations,

such as modular houses on land, or you could do modular homes in water,

many people living on the water for their whole life, most on a boat

home, and you could change that living paradigm into other forms. It

will be your own topic but it must be confined

within the directions provided and conformed with those requirements on

that page to encourage creativity and innovation, but also understand

the issues involving the protection of intellectual property rights and

the dilemma of ethic decisions as a business

executive. We all know that generally speaking, an authority in a

hierarchy structure of management is to veto or overrule its

subordinate’s idea, rather than encourage their employees to come up

with new ideas. We want to go the other direction. A lot

of issues would not have a clear answer, but our gut feelings governed

by the natural law at least can provide us with a general direction.”

Our group would like to choose the airplane seatbelt option, which is this link from the

assignment: http://edition.cnn.com/travel/article/double-decker-airplane-cabin-concepts-crystal-cabin-awards/index.html.

This

is directly from the project limitations and delineations attachment to

this email. I understand quoting this assignment may be tricky but I

think a thorough understanding of the assignment would help. We are not

asking for the PowerPoint presentation to be

done, only the parts D and E on the attachment – the written

“manuscript”. I cannot give a word count as, depending on the path of

the writer, it could be up to 7 pages of writing (meaning they may take 4

pages or may need the full 7) and maybe 3 pages of

drawings or whatever is needed to depict the material being presented.