Two leading home appliance companies, Globex and Pug Tech, a…

Two leading home appliance companies, Globex and Pug Tech, are in competition for market share. In their quest for exciting new products, Globex employs an open innovation model, while Pug Tech pursues a closed innovation model. Which of the following statements is most likely true?

The Madison May company manufactures jewelry. Traditionally…

The Madison May company manufactures jewelry. Traditionally they have sold their jewelry exclusively through the jewelry store Jared. However, Madison May recently decided to use a strategy called disintermediation, where they are going to bypass Jared and sell direct to consumers through eCommerce. Madison May and Jared are experiencing _______________ conflict.

Define independent demand and dependent demand.  To receive…

Define independent demand and dependent demand.  To receive full credit for this question, provide a detailed example of independent demand and an example of dependent demand to support your answer.  (A minimum of one paragraph is required to answer this question).