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.
In the video in the Learning Activity “Understanding the Statement of Cash Flows” Tony Bell mentions an easy way to determine whether the indirect or direct method is used in developing the Statement of Cash Flows. What does he say this is? Conduct your own research and list two companies that use either the indirect method or the direct method. Provide a link to each company’s Statement of Cash Flows, and list two advantages for the method that you prefer.
Understanding the Statement of Cash Flows
Introduction
In this video, Tony Bell walks through an analysis of the statement of cash flows. Reference his earlier videos for a review of construction of the statement of cash flows (the direct versus indirect method). Take notes in your Learning Journal as you watch and discuss any questions related to this activity in Social Learning.
Your assignment for this unit is to create a proposal to garner
Powerpoint
Your assignment for this unit is to create a proposal to garner support from partners in your family business. You are an up-and-coming manager in your family business, which is run by older family members who are sometimes stuck in a small business mentality. You have an idea that you feel can take the business international and greatly increase sales. In order to do so, you need to create and present a proposal to get support and funding for your new company venture.
Choose a name for your company and a product that interests you. For instance, if you are interested in fashion, come up with a fashion company name and a name for your new product. Do some basic research on your target market, and choose how you want to go international (e.g., exporting, licensing, joint venture, direct investment). Think of the project as if you are pitching your idea at a board meeting.
This is not a formal business plan where you need 10 pages of facts and figures. Instead, this is a proposal where you are trying to get buy-in from other family members in the business. Accordingly, create a PowerPoint presentation with at least 10 slides to present your proposal.
Include the following components in your presentation.
Explain the dominant cultural characteristics in the region where you want to expand. Explain your chosen method of going international. Show options for finding new customers, distributors, production facilities, and/or partners.
Describe training and knowledge needs for the international venture. How will you prepare managers for intercultural management in a new region?
Your completed PowerPoint must be at least 10 slides in length, not including the title and reference slides. You are required to use at least three outside sources, one of which must come from the CSU Online Library. While a simple Google search of a country or region will turn up articles, remember that you must use reliable sources for your assignment. In addition to the library, government sites are good places to gather information about different countries. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying APA citations.
**CSU library source/citaton is below and article is attached. Let me know if you need another one and I can find more info.
Meyer E. When culture doesn’t translate: how to expand abroad without losing your company’s mojo. Harvard Business Review. 2015;93(10). Accessed March 18, 2022. https://search-ebscohost-com.libraryresources.colu…
1-1 Discussion: The Market is Calling for Biolage R.A.W.
Biolage R.A.W. is a professional haircare brand launched in 2017, in Portugal. The brand is taking its first steps into the Portuguese market and facing a lack of awareness about high-end natural products along with facing challenges with pricing in this segment. This case looks at how Biolage R.A.W. can come up with a launch strategy in a market where the brand name is unknown and the price of the products is regarded as high by the target consumer.
My Company for this assignment is Facebook.
For this course’s final project, you will develop a business plan for the new product, service, or other business idea that you began conceptualizing in the previous MBA 515 Business Environment, Innovation, and Entrepreneurship course. After completing this week’s readings and after reading the corresponding article in the Reading and Resources section of this module, address the importance of the following items for your chosen business or idea:
Egoism is a broad ethical doctrine that claims moral decisions are (and, in some cases, should be) made in self-interest. At the opposite end of the spectrum would be Altruism (also sometimes called benevolence), which states that decisions can (and, in some cases should) be completely selfless. Hobbes argues that even apparently altruistic acts can be viewed through egoism (as selfish) in that a person may gain a good feeling or some other benefit by helping others. His opponents would argue that this is a pessimistic or negative worldview. What do you think? Do you believe moral decisions/actions can be selfless? Or are all of our decision made with at least some self-interest in mind? Whatever your opinion, explain your reasoning.
