Business Studies may be defined as a combination of inter-related business subjects which lead to learning of basic knowledge and skills. It is a course in education that is designed to cover the basic elementary knowledge and skills in organizing business enterprises as well as general office administration.
Identification and description of the key components of aBusiness Continuity (BC) plan for attacks or incidents which could affect your real or fictitious company.
· Describe the factors that contribute to international market attractiveness and entry
Scenario
You are a business analyst working at a small domestic organization that produces high-quality baseball bats. Your organization has begun to see its sales flatten in the domestic market. While the organization is not losing money, leadership would like to explore options to continue growth. One option that leadership has noticed competitors attempting is entering international markets.
You have been asked to examine the benefits, drawbacks, and key considerations for your organization to enter one of the global markets below, and to summarize your findings in a business brief for leadership.
Select one of the following international markets to use for your course project: CANADA (picked).
Directions
Develop a business brief that explains why many organizations are investing in efforts to expand their businesses internationally, the key impacts of global business, and cultural considerations for entering the global market. You will then create a market profile and outline market considerations for your chosen international market. Use the Business Brief Template in the What to Submit section to complete this project.
1. Drivers for Global Entry: Explain the purpose of global expansion, business impacts of global business, societal impacts of global business, and cultural considerations using evidence from course and outside resources to support your explanations.
A. Purpose of Global Expansion: Explain key benefits of successful global expansion for domestic organizations.
B. Business Impacts of Global Business: Explain how global expansion of a domestic organization can impact business operations such as strategic planning, marketing, supply-chain management, human resources, and so on.
C. Societal Impacts of Global Business: Explain how the global expansion of organizations has impacted society, citing specific examples regarding culture, transportation, employment, infrastructure, and environmental climate.
D. Cultural Considerations for Global Business: Explain the importance of researching the culture of a potential global market prior to market entry, as well as key cultural considerations to explore to inform expansion decisions.
2. Market Profile: Compare and contrast important cultural, political, and economic elements of your selected market versus the United States to explain similarities and differences between cultural practices, attitudes, economic factors, and political environments.
A. Cultural Profile: Compare and contrast important cultural elements of your selected market against those in the domestic market, including communication, values and attitudes, cultural dimensions, and so on.
B. Political and Economic Profile: Compare and contrast important political and economic factors for your selected market against those in the domestic market, including political systems, current leaders, and economic measures or characteristics used in classification.
C. Legal and Regulatory Profile: Compare and contrast important legal and regulatory requirements of your selected market against those in the domestic market, including trade restrictions, regulations of products or services, legal processes for business transactions, and import restrictions or documentation.
3. Market Considerations: Compare and contrast important market considerations for your selected market against those in the domestic market. Explain the similarities, differences, and considerations for conducting business between the two markets, such as general legal and regulatory requirements, monetary and management logistics, and mode-of-entry considerations.
A. Monetary Considerations: Explain how monetary considerations such as currency, exchange rates, and exchange-rate management would impact the organization’s decision to expand into your selected market, using current exchange rates between your selected country and the United States to support your explanations.
B. Management and Logistics Considerations: Explain management and logistics practices that best address human-resource considerations for your selected market, such as management approaches or staff and labor laws and their impact on policies and procedures.
C. Mode of Entry Considerations: Describe advantages and disadvantages for traditional modes of entry that would be most appropriate for entering into your selected market.
What to Submit
To complete this project, you must submit the following: Template: Business Brief Your completed Business Brief template should be a 750- to 1,000-word Word document. Sources should be cited according to APA style.
For this Discussion, review this week’s Learning Resources and focus on the roles and responsibilities of board members. Consider the challenges related to board recruitment and select a critical challenge. Think about your own board member experience if applicable. Consider how the experience and expertise of an individual board member can benefit an organization. Consider potential challenges to recruiting a balanced and efficient board of directors.
Must be 1.5-2 pages
Post an explanation of your selected critical challenge that you might face in recruiting and retaining governing board members.
Explain your strategy for addressing the challenge.
References Attached:
Tschirhart, M., & Bielefeld, W. (2012). Managing nonprofit organizations. Somerset, NJ: Wiley. Retrieved from the Walden Library databases.
Please respond to each discussion question below and reference material from this week’s reading, videos, in addition to any personal experience you might have.
What Part of the FAR addresses contract administration? Who is responsible for contract administration planning? What are some of the major contract administration issues that need to be planned for under a contract? Who will administer a contract? What contributes to successful contract administration?
Discuss one topic or issue from this week’s material that may benefit you personally or professionally.
Government Contracting: Dept of Veterans Affairs Scenario
This week, please read the scenario below in government contracting.
The Department of Veterans Affairs is expanding its community-based outpatient clinic programs across the nation. In order to get these clinics up and running as quickly as possible, your Veterans’ Integrated Services Networks (VISN) has decided to lease existing buildings instead of building ground up facilities. The location of community-based outpatient clinics (CBOCs) are very political, and you are aware of previous award protests and the interest of local Congress members attempting to secure the facilities in their districts.
Although your selection team has reviewed proposals and performed site visits, etc., per procedure, you have been called into the medical center director’s office and have been asked which location you think may be selected for the award. He has indicated that he wants to make sure that the selection is where he wants the CBOC to be located. You are aware that the director has met with the local Congressman and feels pressured about the solicitation. You know that the location that will be selected is not the one that the director or the interested Congressman prefers.
Questions
As the contracting officer responsible for this procurement, what should be the role of the contracting officer be in this scenario? Provide a complete and specific response.
How will you handle the medical center director’s desire to be the ultimate decision-maker on who gets the award?
Instructions
Submit your essay as a two-page Word document that is attached to your initial response.
