04 Jun COMPARE AND CONTRAST THE CONTEMPORARY BUSINESS TO AN EMERGING SOCIAL BUSINESS CONCEPT
This week, you will create Sections 4 and 5 of your Business Sustainability Plan, as follows:
Section 4: Future TrendsDiscuss what future trends will likely have a favorable impact on the company.Discuss what future trends will likely have an unfavorable impact on the company.Section 5: TacticsDiscuss tactics to capitalize on favorable trends.Discuss tactics to minimize the risk of unfavorable trends.
This week, you must also turn in the first draft of your Key Assignment. Include sections 1–5, as follows:
Section 1: IntroductionProvide a background of the company that you chose, including a brief history, the industry, the degree of competition, the role of technology, and so forth.Discuss the background of the company’s industry: how long it has been around, what forces or trends have positively or negatively affected the industry, and so forth.Identify current trends that are being utilized within your organization.Compare and contrast the contemporary business to an emerging social business concept. Does your organization follow a more contemporary format, or has it adapted to emerging social business concepts?Section 2: Past Trends IDiscuss how the following different types of trends have positively and negatively affected your company:GovernmentalEconomicTechnologicalSocialSection 3: Past Trends IIDiscuss past trends, such as outsourcing, offshoring, globalization, and emerging social business concepts.Discuss at least 2 market disruptors or major world events that have affected the company positively or negatively. Examples include Japan’s nuclear reactor disaster, Hurricane Katrina, Iran’s threat to close the Strait of Hormuz, the downgrade of U.S. federal debt, and so forth.Section 4: Future TrendsDiscuss what future trends will likely have a favorable impact on the company.Discuss what future trends will likely have an unfavorable impact on the company.Section 5: TacticsDiscuss tactics to capitalize on favorable trends.Discuss tactics to minimize the risk of unfavorable trends.
Objective:Analyze the social, economic, technological, and governmental impacts of these emerging trends.Discuss various strategies that are needed to improve organizations overall competitive profile.Compare and contrast Contemporary Business versus an emerging Social Business concept.Demonstrate professional written and oral communication skills.Identify and describe current business trends to include outsourcing, off-shoring and globalization.Submitted Files:Submit Task
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