Does the above saying align with instructional design theory? Why or why not?

Read the below adaptation of the old saying on teaching someone to fish:
“Give a man a fish and he’ll eat for a day. Teach him how to fish and he’ll eat as long as there are fish in the pool. But design a training program that helps him learn how to stock and manage his pool, and there is no telling how far he might go.”
When writing your thread, consider and address each of the following questions. Be sure to include the course materials from the Learn section of this Module: Week.
• Based upon what you have learned this week, do you agree with the saying? Why or why not?
• Does the above saying align with instructional design theory? Why or why not?
• How would you apply this concept in your professional context as an instructional designer?
• How does this saying relate to Christian education?

Thread must contain at least 2 peer-reviewed references and 1 Scripture reference and must be at least 400 words. Current APA format is required for citations, and a reference list in current APA format is required at the conclusion of each thread. You must also use proper grammar as outlined in the APA manual.

Does the above saying align with instructional design theory? Why or why not?

Read the below adaptation of the old saying on teaching someone to fish:
“Give a man a fish and he’ll eat for a day. Teach him how to fish and he’ll eat as long as there are fish in the pool. But design a training program that helps him learn how to stock and manage his pool, and there is no telling how far he might go.”
When writing your thread, consider and address each of the following questions. Be sure to include the course materials from the Learn section of this Module: Week.
• Based upon what you have learned this week, do you agree with the saying? Why or why not?
• Does the above saying align with instructional design theory? Why or why not?
• How would you apply this concept in your professional context as an instructional designer?
• How does this saying relate to Christian education?

Thread must contain at least 2 peer-reviewed references and 1 Scripture reference and must be at least 400 words. Current APA format is required for citations, and a reference list in current APA format is required at the conclusion of each thread. You must also use proper grammar as outlined in the APA manual.

What theory of success did the incumbent employ to gain a competitive advantage?

Question
This assignment is based on a short case study about Craigslist. Read the case study and answer the question that follows.
3.1 Case study: Craigslist
Craig Newmark founded Craigslist in 1995 after being laid off as a computer engineer. He used his severance package to create a mailing list of art and technology events in the San Francisco area, which eventually became craigslist.org (Mac 2017).
At the outset, Newmark’s intention was not to make money but rather to give back. In 1998, he monetized Craigslist by charging $25 for job postings in San Francisco to cover website costs (Mac 2017). Fees have since grown to include paid-for postings from professional organizations like car dealers, real estate agencies, and ticket sales offices. Although fees can range between $7 and $75 per posting, the average day-to-day, non-professional user can list an item in the classifieds section for free.
What contributed to Craigslist’s success was that in the early stages of the internet it was uncluttered and easy to use. People flocked to the website, and a vast network of buyers and sellers was soon connecting on Craigslist. Markets have a kind of network externality to them. Buyers want to go to markets with the most sellers, which allows them both to find what they want and to get a good price for it. Sellers similarly want to list in places with the most buyers (or to list in as many places as possible), because it allows them to obtain better prices.
Craigslist also has a lean cost structure. It only has 50 employees, doesn’t have expensive offices, and has no outside investors, all of which helps keep the overhead low and the profit margin high (Mac 2017). Newmark has stubbornly refused to evolve over time and the website has remained largely unchanged over the span of its existence. Some argue that this simplicity led to Craigslist’s longevity and staggering money-making ability. In 2016, it was estimated that the company took in more than $690 million in revenue, most of which is net profit, and Forbes conservatively estimates the company’s value at $3 billion (Mac 2017).
Although Newmark’s single-mindedness might have worked well for him until now, some competitors have come to the fore to challenge the online incumbent. The online apartment rental market in particular has seen the entry of several firms aiming to improve and streamline the search for apartments online – two of which are RentJungle and RentHop.
The online apartment rental market has been described as fragmented, opaque, and filled with inaccurate information. Craigslist was considered the leader in this space. Despite its low level of innovation and change over the span of its existence, Craigslist was the most highly trafficked classifieds site in the world (Coles, Gans and Yu 2012). Rent Jungle and RentHop hope to provide a customer-friendly alternative to Craigslist.
RentJungle boasts a web “spider” that finds rental information from 12,000 websites. It also provides professional search capabilities that can identify rental listings, distinguish properties for sale from properties for rent, isolate data on price, list number of beds and baths, identify interior and exterior photos, and map the listings, thereby identifying the location of the listing (Coles, Gans and Yu 2012). All these features add value to the customer’s experience in their search for an apartment. User experience is also at the center of RentHop’s approach. The site offers free listings, mapping tools, full feature search capabilities including sorting functionality according to price, location, and other features, and clear demarcations of listings provided by brokers. These two companies aim to create value for customers and position themselves uniquely within the online apartment rental market.
3.2 Investigation
Investigate the competitive position of the incumbent, Craigslist, in relation to the new entrants in the industry, RentJungle and RentHop. Address the following questions in your analysis:
• What theory of success did the incumbent employ to gain a competitive advantage? Review Unit 1 to inform your answer.
• How much threat do the entrants pose to the incumbent? Use your knowledge of conducting an industry analysis in Unit 2 to inform your answer.
• Do RentJungle and RentHop offer more consumer surplus? To whom and why? Should Craigslist adjust its positioning or price in response?

What theory of success did the incumbent employ to gain a competitive advantage?

Question
This assignment is based on a short case study about Craigslist. Read the case study and answer the question that follows.
3.1 Case study: Craigslist
Craig Newmark founded Craigslist in 1995 after being laid off as a computer engineer. He used his severance package to create a mailing list of art and technology events in the San Francisco area, which eventually became craigslist.org (Mac 2017).
At the outset, Newmark’s intention was not to make money but rather to give back. In 1998, he monetized Craigslist by charging $25 for job postings in San Francisco to cover website costs (Mac 2017). Fees have since grown to include paid-for postings from professional organizations like car dealers, real estate agencies, and ticket sales offices. Although fees can range between $7 and $75 per posting, the average day-to-day, non-professional user can list an item in the classifieds section for free.
What contributed to Craigslist’s success was that in the early stages of the internet it was uncluttered and easy to use. People flocked to the website, and a vast network of buyers and sellers was soon connecting on Craigslist. Markets have a kind of network externality to them. Buyers want to go to markets with the most sellers, which allows them both to find what they want and to get a good price for it. Sellers similarly want to list in places with the most buyers (or to list in as many places as possible), because it allows them to obtain better prices.
Craigslist also has a lean cost structure. It only has 50 employees, doesn’t have expensive offices, and has no outside investors, all of which helps keep the overhead low and the profit margin high (Mac 2017). Newmark has stubbornly refused to evolve over time and the website has remained largely unchanged over the span of its existence. Some argue that this simplicity led to Craigslist’s longevity and staggering money-making ability. In 2016, it was estimated that the company took in more than $690 million in revenue, most of which is net profit, and Forbes conservatively estimates the company’s value at $3 billion (Mac 2017).
Although Newmark’s single-mindedness might have worked well for him until now, some competitors have come to the fore to challenge the online incumbent. The online apartment rental market in particular has seen the entry of several firms aiming to improve and streamline the search for apartments online – two of which are RentJungle and RentHop.
The online apartment rental market has been described as fragmented, opaque, and filled with inaccurate information. Craigslist was considered the leader in this space. Despite its low level of innovation and change over the span of its existence, Craigslist was the most highly trafficked classifieds site in the world (Coles, Gans and Yu 2012). Rent Jungle and RentHop hope to provide a customer-friendly alternative to Craigslist.
RentJungle boasts a web “spider” that finds rental information from 12,000 websites. It also provides professional search capabilities that can identify rental listings, distinguish properties for sale from properties for rent, isolate data on price, list number of beds and baths, identify interior and exterior photos, and map the listings, thereby identifying the location of the listing (Coles, Gans and Yu 2012). All these features add value to the customer’s experience in their search for an apartment. User experience is also at the center of RentHop’s approach. The site offers free listings, mapping tools, full feature search capabilities including sorting functionality according to price, location, and other features, and clear demarcations of listings provided by brokers. These two companies aim to create value for customers and position themselves uniquely within the online apartment rental market.
3.2 Investigation
Investigate the competitive position of the incumbent, Craigslist, in relation to the new entrants in the industry, RentJungle and RentHop. Address the following questions in your analysis:
• What theory of success did the incumbent employ to gain a competitive advantage? Review Unit 1 to inform your answer.
• How much threat do the entrants pose to the incumbent? Use your knowledge of conducting an industry analysis in Unit 2 to inform your answer.
• Do RentJungle and RentHop offer more consumer surplus? To whom and why? Should Craigslist adjust its positioning or price in response?