Globalization and technology changes

You will use this corporation for future assignments unless otherwise specified. Research the corporation on its own website, the public filings on the Securities and Exchange Commission EDGAR database (http://www.sec.gov/edgar.shtml), in the University’s online databases, and any other sources you can find. The annual report will often provide insights that can help address some of these questions.

Write a four to six (4-6) page paper in which you:

1. Assess how globalization and technology changes have impacted the corporation you researched.
2. Apply the industrial organization model and the resource-based model to determine how your corporation could earn above-average returns.
3. Assess how the vision statement and mission statement of the corporation influence its overall success.
4. Evaluate how each category of stakeholder impacts the overall success of this corporation.
5. Use at least three (3) quality references. Note: Wikipedia and other Websites do not quality as academic resources.

Your assignment must follow these formatting requirements:

• Be typed, double-spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
• Citations and references must follow APA or school-specific format.
• Check with your professor for any additional instructions.

The specific course learning outcomes associated with this assignment are:

• Determine ways in which the vision, mission, and stakeholders of a firm impact that firm’s overall success.
• Use technology and information resources to research issues in business administration.
• Write clearly and concisely about business administration using proper writing mechanics.

Answer preview

The industrial organization model looks at the environment that the business operates and explains that the forces outside of the business have the tendency of affecting its profitability.  The five forces of competition found within the industrial model are external environment, industry, assets, skills, and strategy. The five will then be used by the management of McKesson to formulate a strategy that would make it possible for the company to earn above-average returns.  In order for McKesson to make use of this model, they will have evaluated their competitors (Barney, 2014).  They will then proceed to gather information about the companies that would help them find out which of their competitors earn above-average returns.  One they have chosen a company, the management will then proceed to formulate a strategy that will make it possible for them to earn above-average returns.  In order to implement the strategy, the management at McKesson will need to ensure that the required skills and assets are available to make it possible for them to earn above-average returns like the company they had selected.

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