Market profile | Operations Management homework help

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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 to grow. 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 summarize your findings in a business brief for leadership.

Continue to use your selected market from Milestone One. As a reminder, the options for international markets are:

  • Republic of Korea
  • Canada
  • Germany

If you would like to use another country for your final project please reach out to your instructor.

Prompt

In this milestone, you will continue to use the Business Brief Template (located in the Guidelines for Submission section of this document). Complete Section Two and the Legal and Regulatory Considerations portion of Section Three. Use course resources as well as the INT 220 Library Guide to support your responses.

Specifically, you must address the following rubric criteria:

Market Profile: Explore and explain the cultural, political, and economic environment of your selected market to help inform future business decisions regarding expansion from the domestic market.

  1. Cultural Profile: Compare and contrast important cultural elements of your selected market against those in the domestic market, including communication, dimensions of culture, attitudes, common business etiquette and practices, and at least five other important aspects of culture.
  2. 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 and ideologies, current leaders, economic measures or characteristics used in classification, and government intervention on trade.

Market Considerations: Discuss the legal and regulatory considerations in your selected market that can impact business decisions regarding expansion to new global markets. You should also consider corporate social responsibility for each market consideration.

  1. Legal and Regulatory Considerations: 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.

Guidelines for Submission

Template: Business Brief
Submit the template as a 500- to 650-word Microsoft Word document. Based on your milestones, you should have Sections One and Two completed, as well as the Legal and Regulatory Considerations portion of Section Three. Sources should be cited according to APA style.

weekly reflection

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Respond to the weeks learning – what you thought about it, what it raised for you, connections you made in a way that shows you engaged with the course this week. – Two of the things you discuss must come from the readings, the others can come from course content of your choosing (videos, discussions, activities).
reading chapter two(Is everyone really equal?)

Class Reflection Week 1-4

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In this course “Risk Management in Complex Health Organizations” , you will engage your thoughts and abilities, and you will position yourself as a scholar, a practitioner, and a leader to advance your knowledge and personal academic agenda. Consider saving this assignment for future reference, because it serves as a critical program growth reflection. 

 

Create a reflective and applied statement in which you:

  • Describe how the material from Weeks 1–4 (Risk Management, Professionalism and Compliance, Risk Management Effort Challenges, Addressing Deficiencies, Updating Compliance programs, Licensure Compliance remedies, Medical Malpractice) has affected your thought processes, development, and professional disposition.
  • Reflect on your personal learning process (e.g., challenges, moments of discovery, life experiences, and interactions).
  • Include questions for the course facilitator regarding material that may still be unclear.

 

Use this assignment as an opportunity throughout the course and the program to document your development as a scholar, practitioner, and leader, and to reflect critically on the changes that occur during this process.

 

Use APA Guidelines, intext citations and a reference page. 

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The following are characteristics, assumptions, principles, or

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The following are characteristics, assumptions, principles, or constraints that guide the FASB when it creates accounting standards.

 

Relevance

Faithful representation

Comparability

Consistency

Monetary unit assumption

Economic entity assumption

Expense recognition principle

Time period assumption

Going concern assumption

Historical cost principle

Full disclosure principle

Materiality

 

Match each item above with a description below.

 

1.  Ability to easily evaluate one company’s results relative to another’s. 

2.  Belief that a company will continue to operate for the foreseeable future. 

3.  The judgment concerning whether an item’s size is large enough to matter to decision-makers. 

4.  The reporting of all information that would make a difference to financial statement users. 

5.  The practice of preparing financial statements at regular intervals. 

6.  The quality of information that indicates the information makes a difference in a decision. 

7.  A belief that items should be reported on the balance sheet at the price that was paid to acquire the item. 

8.  A company’s use of the same accounting principles and methods from year to year. 

9.  Tracing accounting events to particular companies. 

10.  The desire to minimize bias in financial statements.  

11.  Reporting only those things that can be measured in monetary units.  

12.  Dictates that efforts (expenses) be matched with results (revenues).