Assignment 1
Identify the company you have decided to use for your assignments, which must be different from your forum company. Your Instructor will let you know if the company has been approved.
Starting with this assignment and going forward, you will be researching the company your Instructor approved in Assignment 1. Choose a company from Fortune 500’s Worst List (http://money.cnn.com/magazines/fortune/mostadmired/2006/best_worst/) and complete the following:
1. Identify the company, the industry it operates in, and its Domestic Environment (home country) (for instance, US Air operates in the Airline industry and its home country/domestic environment is the USA).
2. Choose an attribute from their table and then click the Least Admired tab.
3. Summarize the company’s industry, how long they have been in business, and the attribute they are the least admired for.
4. Identify a business theorist and their theory.
5. Investigate the government regulations associated with the industry (for instance, government regulations for the Airline industry).
6. How will the domestic government regulations affect your chosen company in its domestic environment?
7. What can you do to overcome these regulations? Incorporate your business theorist here. It is not sufficient to state nothing or that you would do what the company is already doing. You must provide some critical thought (see resources).
8. Research requirement: minimum 2 sources PLUS the text.
9. Page requirement: 2 pages in APA format.
10. Assignment MUST be submitted to turnitin.com and here (see turnitin.com forum for more important information).
11. NOTE: Items 1-4 should not exceed 2 paragraphs (100 words each paragraph).
LO – 2 – Given a company, the student will determine how government regulations affect the company and how to overcome barriers within the Domestic Environment using business theory.
Continue working with your chosen least admired company for the assignments and complete the following:
1. Identify the industry for your chosen company and its Domestic Environment.
2. Identify a Global Environment for the company (an international country for the company).
3. What are the characteristics of the new Global Country/Environment that will best suit the company for success?
4. What barriers exist in the new Global Country/Environment? You cannot state there are no barriers.
5. How will the company overcome those barriers (strategies)?
6. Research requirement: minimum 2 sources PLUS the text.
7. Page requirement: 2 pages in APA format.
8. Assignment MUST be submitted to turnitin.com and here (see turnitin.com forum for more important information).
9. NOTE: Items 1-2 should not exceed 1 paragraph (100 words in a paragraph).
LO – 3 – Given a chosen company, the student will apply strategy to barriers of government regulations and characteristics of success using a Global environment for the company.
Continue working with your chosen least admired company for the assignments and complete the following:
1. Perform research (minimum of 2 sources in APA format).
2. Identify the hard and soft technology used for both the domestic and global environments. This is not about computers or software; see lesson plan for details and remember to incorporate critical thinking (see resources).
3. Identify the technology barriers to the company in both environments.
4. Discuss how the company can overcome these.
5. Evaluate the strategy used and how the company will protect their technology.
6. Page requirement: 3 pages in APA format.
7. Assignment MUST be submitted to turnitin.com and here (see turnitin.com forum for more important information).
Continue working with your chosen least admired company and complete the following:
1. Integrate the political and legal environments/structures of your 2 countries (domestic and global).
2. What barriers exist for your least admired company in the context of the domestic and global political-legal environments?
3. Research requirement: minimum 2 sources PLUS the text.
4. Page requirement: 3 pages in APA format.
5. Assignment MUST be submitted to turnitin.com and here (see turnitin.com forum for more important information).
6. NOTE: Item 1 should not exceed 1 paragraph (100 words each paragraph).
LO – 5 – Working with their chosen company, the student will detect and evaluate the political and legal limitations and barriers using both the Domestic and Global environments.
Continue working with your chosen least admired company and its industry and complete the following:
1. Using your Domestic and Global Environments (countries) and the opposing cultural clusters (as identified in International business: theory and practice) identify which cluster(s) your two countries fit.
2. Identify the socio-cultural parts of each country as related to business for your company.
a. You will need to examine these with the aid of Geert Hofstede (see resources).
3. Identify and discuss the various sociocultural aspects of each country. Do they differ? How? What are the similarities?
4. How would these factors affect your company’s business in your Domestic and Global Environments (countries)?
5. Research requirement: minimum 2 sources PLUS the text and Hofstede.
6. Page requirement: 3 pages in APA format.
7. Assignment MUST be submitted to turnitin.com and here (see turnitin.com forum for more important information).
LO – 6 – Working with their chosen company, the student will examine the Sociocultural factors and how those factors affect their chosen company using their identified Domestic and Global environments.
Continue working with your chosen least admired company and its industry and complete the following:
1. Using your chosen company’s domestic environment identify its economic environment and compare and contrast it using Rostow and Galbraith (see lesson plan and resources).
2. Repeat the same for the global environment you have identified.
3. Research requirement: minimum 3 sources PLUS the text.
4. Page requirement: 3 pages in APA format.
5. Assignment MUST be submitted to turnitin.com and here (see turnitin.com forum for more important information).
LO – 7 – Given two economic theories, the student will compare and contrast each theory using the company’s Domestic and Global environments.
Using the company your Instructor approved from week 1 assignment, complete the following:
1. Identify the company’s domestic environment and discuss how the government regulations affect its domestic environment it must operate in.
2. Identify a global environment for the company and discuss how the government regulations affect its global environment it must operate in.
3. Identify the hard and soft technology and interpret the characteristics the company should have/use to be successful in its domestic and global environment.
4. Identify the political-legal barriers for the company in both the domestic and global environments. Use business theory/theorists to illustrate how the company can operate successfully in its domestic and global environment.
5. Identify, compare, and contrast sociocultural factors of the domestic and global environments of the company.
6. Compare and contrast two economic theories for both the domestic and global environments of the company.
7. Develop a strategy of success based on your evaluation of steps 1-6 by assessing what you’ve learned through your research and readings and compare what the company has been doing to what you recommend they should be doing. You cannot state that you would not change anything.
8. You must incorporate critical thinking (see resources).
9. Research requirement: minimum 5 sources PLUS the text and Geert Hofstede.
10. Page requirement: 7 pages in APA format (does not count cover page and reference page).
11. Assignment MUST be submitted to turnitin.com and here (see turnitin.com forum for more important information).
LO – 8 – Given a company, the student will be able to identify the studied environments (domestic, global, technological, political-legal, sociocultural, and economic) of that company, combine these environments, and develop a final analysis that synthesizes government regulations for the domestic and global environments, hard and soft technology for the company, the political-legal barriers for the company in the domestic and global environments, the sociocultural factors of the domestic and global environments of the company, and two economic theories for the domestic and global environments.
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