Posted in MGT 5985 Product

Problem-Solution Concept.

Image result for problem solution concept

When I started at baruch college in Fall 2018, I was accepted into Zicklin and I was told I had to have up to 124 credits to graduate, I was a bit confused and I thought they made a mistake. I went to the advisor and I asked if everyone had to graduate with 124 credits or 120. The advisor explained and said everyone had to graduate with 124 credits, that’s part of the school requirement in other to graduate. I wasn’t really troubled about the whole policy until my junior year when I had on my plate, I was working full time, while going to school in person, it was quite a lot for me and I was overly stressed out.

The problem here is why aren’t students given the option to either graduate with 120 credits or 124 credits. So many college schools I have heard of or know about graduate with 120 credits, I started my freshman year in College of Staten Island before I transferred to Baruch and it was 120 credit required to total class credit graduate, Baruch college was the time I heard about 124 credit.

This is a problem for me and I believe for most other students because with that extra one class we have to take, it is equivalent to three or four credit of an elective course we do not need for either our minor or major. it is seen as a waste of time for people who have lots of work to do outside school, removing that extra course could reduce a lot of workload and relieve their stress. They can input that time into their other important classes that they actually need to graduate. That one less class can reduce and save people from spending a lot of money on tuition and fees. You won’t have to purchase a textbook, or get an access code to do an assignment that is not related to your degree, it saves people money especially international students, people borrow loans and end up going through a-lot of troubles because it is hard for them to pay it back.

Nowadays most jobs requirements are finishing with a bachelor’s degree of 120 credits except you are going for CPA, which is 150 for accounting majors, so it is not like you won’t end up with a good job after you graduate with 120 class credit. I believe this is important to solve this because people struggle with real life problems especially financially wise and this might not be seen as a major problem but it is. About 54% of university students drop out due to financial problems and I think giving students the option to graduate with either 120 or 124 credit will reduce people’s decision making on dropping out, reducing workloads for them, less tuitions and time wastage. 

Posted in MGT 4952 Reflections

1st Blog on Innovation

In my own opinion I believe, innovation is an act of taking something worth value or worthless and transforming or changing it into something new and valued to increase effectiveness and efficiency . It could be an idea, a product, technology, a building etc. Introducing something new that is not in the market and has a lesser chance of having a competitive advantage in the market. Innovation produces new profit and growth for the organization. Innovation can go both sides, either good or bad. Most times it is good to innovate because you want to be able to build better products that increase your productivity, matching with trends and staying valued in the market. But also Innovation can be bad especially when it is not needed in the market you are targeting, therefore it doesn’t value and customers won’t find any use of them.

Posted in MGT 5985 - Reflections

1st Blog on TikTok.

I remember joining TikTok some time in April 2020, when it was blowing over the internet. A lot of people started using it due to quarantine idleness to entertain one another and create content to express themselves or their talent, it could either be cooking, dancing, artistry work, start up business etc. I believe TikTok made a positive path in solving people’s problems such as making people have more confidence in themselves when leaving positive comments on the content they create. It has united people from all over the world, It has made it faster for individuals to get noticed for example, uploading a video of your small business and getting views from all over the world, showing people life hacks, singing or dancing and lands you a contract with a big company. I believe it has also created a safer space for individuals to be themselves, show their passion and creativity. It has also made people feel less lonely.

TikTok gets funding through advertising, their business model is based on advertising. People get over 100Million views and get so many people’s attention from different parts of the world, so most people use TikTok to boost their business and in order to run an ad through TikTok you have to pay TikTok. I believe TikTok was originally formed in china from a company called ByteDance. I remember this app called musical.ly and it was exactly like how TikTok is, making short video clips to share with friends. When TikTok was released, I thought they only changed the name but it was like an upgrade and a different goal from the former app, musical.ly. Right now TikTok is not fully owned by China anymore, 15% of it is owned by the U.S. I couldn’t really find an old pitch from early years but I found a slide deck from 2019.  https://s3-prod.adage.com/s3fs-public/2019-10/20191008_TikTokDeck_Watermarked.pdf