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Pallavi Gupta, MBA-HR

New Ideas, Inc. proposed that GreyStone Solutions adopt their new technology to allow robots to work in teams and be more intelligent. This would increase the robots' efficiency and require only a marginal increase in size. The technology uses GreyStone's existing high-frequency communication system from a previous abandoned project. Adopting the technology would likely lead to increased profits for GreyStone Solutions. However, more information is needed about the technology and market risks before GreyStone makes a decision.

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Rakesh Kumar
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0% found this document useful (0 votes)
61 views1 page

Pallavi Gupta, MBA-HR

New Ideas, Inc. proposed that GreyStone Solutions adopt their new technology to allow robots to work in teams and be more intelligent. This would increase the robots' efficiency and require only a marginal increase in size. The technology uses GreyStone's existing high-frequency communication system from a previous abandoned project. Adopting the technology would likely lead to increased profits for GreyStone Solutions. However, more information is needed about the technology and market risks before GreyStone makes a decision.

Uploaded by

Rakesh Kumar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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CASE STUDY

This case is regarding two companies


1.) New Ideas, .Inc
2.) GreyStone Solutions

President James LEE


President Sheryl Lync

New Ideas, .Inc wanted to sell their advanced technology product to GreyStone Solution.
GreyStone Solution is leading ,manufacturing company in the field of Robotics. Now
after reading the whole case it can be extracted out that New Ideas, .Inc has given a
unique idea to GreyStone Solutions to increase their sales and profits by including the
technology which will make robots to work in team and this technology will also impart
more intelligence to the robots.
Solutions:
Sol 1: According to me proposal is beneficial to the company as:

The introduction of new technology will increase the efficiency of robots.


the teamwork package that attaches to the robots central processing unit (CPU) is
quite small and would require only a marginal increase in the size of the head of
our robots where the CPU is housed.
They also want to add that they are going to use the new high-frequency
communication technology that we developed last year for the QDP project that
was eventually abandoned. We put a lot of money in that communication
technology and this would be a chance to use it.
It will definitely lead to increase the profits.

Sol 2:
I need more information about technology.
Test analysis should be conducted to predict market risk.
A survey is needed regarding population search.

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