This week, through our readings and discussion, we explored how we can make the most of failure, how we can expand our horizons, and the notion of ethical awareness. Additionally, we have begun to explore the following course outcomes:
read and extract information and ideas from a variety of texts – Critical Thinking ask valid and logical questions that promote a deeper understanding of the issues being examined; – Critical Thinking identify the internal and external factors that affect the process of decision-making; – Critical Thinking & Respect for Diversity express a well-informed, personal viewpoint and show an understanding of his or her own biases; and -Critical Thinking & Respect for Diversity & Communication articulate how learning extends beyond the classroom. – Communication, Lifelong Learning & Social, Ethical & Professional Responsibility
In your journal, reflect back on what you have learned so far through the course readings, assignments, and discussions (you are encouraged to reflect back on previous weeks as well). Answer each of the following questions to guide your reflection:
What, if anything, did you find surprising, particularly challenging, interesting, or just beautiful? (10pts) From what you know about this course so far, what connections can you make to previous learning experiences, and how do you think this course will help you as you move forward in your college and professional life? (10pts) How do the course outcomes (listed above) for this week apply to your experience so far? (10pts) What specific ideas did you learn from the Starbucks book this week that you could use in your every life or future career? (10 pts) What questions do you still need answered? (10pts)
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- A corporation in the United States is about to expand its business globally. As part of this expansion, it will begin to sell its products in Europe and Asia. In addition, it plans to open a manufacturing plant in Asia. The president and chief executive officer (CEO) is concerned; he has heard many stories of companies that have tried to expand globally, but operations either failed miserably or did not live up to expectations because of the cultural differences. The CEO has asked your group to research problems that other corporations have had with the process of expanding globally and develop a plan to avoid these types of intercultural errors and missteps. As a group, you will select a multinational corporation or international nonprofit agency that has encountered these problems (this can be a previous or current employer of yours). Using the Internet and the library, each individual in the group will research the corporation or organization to discover any cultural barriers that the corporation or organization encountered as it attempted to expand globally. Need 5 different references… this is important You can either do it on McDonalds or Coca-Cola.
- You are a consultant who has been hired to help a retail jewelry store reach out to new and existing customers. You have chosen to use a collaboration tool to help your client. Create a 6-slide Microsoft® PowerPoint® presentation with detailed speaker notes for the management of the jewelry store that reveals your findings. Include the following criteria: Research collaboration tools using the Internet. Choose a product to help your client. Explain how the jewelry store could leverage the tool to serve customers. Explain how you could use Web 2.0 to expand market reach. Consider whether the jewelry store should expand to B2B and B2C. Explain your response and discuss the rationale. Include detailed speaker notes to discuss your findings and provide rationale. Complete the following in your presentation: Format the slides using a standard style or create your own. Insert a chart, graph, or table on at least one slide to show the advantages of the product you have selected. Create and insert a hyperlink to the company that makes sense for the product you have selected. Insert a video or animation that supports the message of your presentation. Cite at least two references in your presentation.
- Antitrust laws were essentially created to stop businesses that got too large from blocking competition and abusing their power. Mergers and monopolies can limit the choices offered to consumers because smaller businesses are not usually able to compete. Although free and open competition ensures lower prices and new and better products, it has the potential to significantly limit market diversity. Look at the 2 examples below of how mergers and acquisitions have affected the way in which companies do business. Read each of the 2 examples below. Prepare a APA formatted research paper that responds to the aligned questions. Specifically, your paper must: Identify the two firms with similar problems from different countries Conduct a comparative analysis of the firms Analyze political, social, ethical and legal differences and their impact on management decision making Provide substantive conclusion and recommendations Submitting your assignment in APA format means, at a minimum, you will need the following: TITLE PAGE. Remember the Running head: AND TITLE IN ALL CAPITALS ABSTRACT. A summary of your paper…not an introduction. Begin writing in third person voice. BODY. The body of your paper begins on the page following the title page and abstract page and must be double-spaced (be careful not to triple- or quadruple-space between paragraphs). The type face should be 12-pt. Times Roman or 12-pt. Courier in regular black type. Do not use color, bold type, or italics except as required for APA level headings and references. The deliverable length of the body of your paper for this assignment is 4-5 pages. In-body academic citations to support your decisions and analysis are required. A variety of academic sources is encouraged. REFERENCE PAGE. References that align with your in-body academic sources are listed on the final page of your paper. The references must be in APA format using appropriate spacing, hang indention, italics, and upper and lower case usage as appropriate for the type of resource used. Remember, the Reference Page is not a bibliography but a further listing of the abbreviated in-body citations used in the paper. Every referenced item must have a corresponding in-body citation. Example 1 Federal antitrust enforcers are investigating whether a multinational pharmaceutical company has attempted to minimize the impact of generic competition to one of its most profitable prescription drugs. This anti-depressant drug is the company's best seller, with sales last year of $2.11 billion, representing a 22% increase from the year before. The Federal Trade Commission (FTC) is conducting an investigation to determine whether the company has engaged in activities to prevent generic alternatives to the prescription drug from entering the market. Specifically, the FTC is challenging a practice among brand-name and generic-drug manufacturers to agree to delay the introduction of the lower priced generic drugs to the market. Answer the following questions: Why would the drug maker want to stymie generic competition? Explain. What types of legal barriers to market entry exist? What are the possible ethical dilemmas present in this example? Example 2 The boards of 2 major telecommunications companies recently agreed to a $16 billion-dollar merger that would create the world's largest telecommunications company in the world. Although some agree that the synergy between these companies could be dynamic, others feel consumers could ultimately pay the price for the merger depending on which company becomes dominant in the various service areas. Answer the following questions: Why do you think consumer advocates have expressed concern over such merger possibilities? Other than pricing, what are some pitfalls that consumers might have to deal with when 2 major companies merge? What are the possible ethical dilemmas present in this example?
- Your assignment is to write a 2-3 page essay in which you address the scenario below. Suppose that you have a house guest from another country. He is curious about the lifestyles that we tend to lead in the United States. He wants to know why there seems to be such a big problem with nutrition and lack of exercise. Explain to him why nutrition and exercise are important to the health of our society as a whole. Case assignment expectations: Use information from the modular background readings as well as any good quality resource you can find. Please cite all sources and provide a reference list at the end of your paper. LENGTH: 2-3 pages typed and double-spaced. The following items will be assessed in particular: 1. Your ability to explain why lifestyle factors such as nutrition and exercise are important to the health of a society 2. Some in-text references to modular background readings (APA formatting preferred) Be sure that your opinion is justified with evidence from the literature. Try to use several scholarly references for each assignment. All references should be cited properly in the text of the paper as well as at the end. Please limit your response to 3 pages maximum. Assignments are due on the Monday after a module ends.
- Write a 1,050- to 1,400-word strategic objectives summary. Include your balanced scorecard and its impact on all stakeholders, and the communication plan. Identify key trends, assumptions, and risks in the context of your final business model. Develop the strategic objectives for your new division of the existing business in a balanced scorecard format in the context of key trends, assumptions, and risks. The strategic objectives are measures of attaining your vision and mission. As you develop them, consider the vision, mission, and values for your business and the outcomes of your SWOT analysis and supply chain analysis. Consider the following four quadrants of the balanced scorecard when developing your strategic objectives: Shareholder Value or Financial Perspective, which includes strategic objectives in areas such as: Market share Revenues and costs Profitability Competitive position Customer Value Perspective, which includes strategic objectives in areas such as: Customer retention or turnover Customer satisfaction Customer value Process or Internal Operations Perspective, which includes strategic objectives in areas such as: Measure of process performance Productivity or productivity improvement Operations metrics Impact of change on the organization Learning and Growth (Employee) Perspective, which includes strategic objectives in areas such as: Employee satisfaction Employee turnover or retention Level of organizational capability Nature of organizational culture or climate Technological innovation Evaluate potential alternatives to the issues and/or opportunities identified in the SWOT Analysis paper and table you completed in Week 3. Create at least three strategic objectives for each of the four balanced scorecard areas. Base your solutions on a ranking of alternative solutions that includes the following: Identify potential risks and mitigation plans Analyze a stakeholder and include mitigation and contingency strategies. Incorporate ethical implications Develop a metric and target for each strategic objective using a balanced scorecard format. Example: a strategic objective in the shareholder or financial perspective is to increase market share. A metric to actually measure this strategic objective of market share increase is, "The percentage of increase in market share." The target is the specific number to be achieved in a particular time period. The target for the metric of "Increase market share" could be "Increase market share by 2% for each of the next 3 years" of an increase of 2% per year for 3 years.) Outline a brief communication plan discussing how you will communicate the company's strategic objectives that includes the following: Define the purpose. Define the audience. Identify the channel(s) of communication and why you selected that channel. Format paper consistent with APA guidelines. Attachments Screen Shot 2016-04-05 at 9.17.03 PM.png Screen Shot 2016-04-05 at 9.17.08 PM.png
- Throughout the course, we will be coming back to the decision making process and discussing how we solve problems. Many of the things we discuss in the course refer to avoiding the pitfalls that many people make in problem solving. In your opinion, what is problem solving? Why is it important? What is an example of a time you succeeded at solving a problem? What is a time you failed at solving a problem? Your work should be at least 500 words, but mostly draw from your own personal experience. This should be written in first person and give examples from your life. Be sure if you are using information from the readings that you properly cite your readings in this, and in all assignments.
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- One of the five elements of emotional intelligence is self-awareness. What behaviors would someone with strong self-awareness demonstrate within the context of leading and managing groups? Provide an example.