In this assignment, you will respond to 15 statements and calculate your score in the experimental exercise, and analyze a global problem faced by managers who function internationally.
This assignment will assess your knowledge based on the following Course Outcome:
GM500-4: Apply cultural literacy in personal and professional environments.
Step 1: Experiential Exercise — What Are Your Social Values
Reference the section called “What Are Your Social Values” on page 136 of the Daft textbook. As always, be honest with yourself as you respond to the 15 questions. Calculate and record your score according to the instructions. Your own score measures how effectively you deal with people and ideas from a variety of cultures and how well you are prepared to be a global manager. You will apply this information as you write the Integration section of your paper in Step 3.
Step 2: Case for Critical Analysis
The case called “Talley Guitars” sets the stage for this writing assignment to critically analyze a global problem faced by managers who function internationally. Please reference the section called “Apply Your Skills: Case for Critical Analysis” on pp. 138–139 of the Daft textbook.
A global workplace environment can be done in face-to-face interactions or conducted through virtual meetings and communication. Either way, it can be difficult when organizational members interact with different cultural perspectives. Thoroughly read the scenario of “Talley Guitars” on pp. 138–139. Be prepared to draw from insights you gained in reading “GLOBE Project Value Dimensions” on pp. 128–130, that describe how you can apply cultural literacy in your own personal and professional environments.
Include your assessment of the global management potential of the parties involved.
Step 3: Write and submit your paper
The next step is to compose a 4-page paper (1,000 words) that analyzes your own management aptitude and management theories that you could apply in a contemporary organizational context.
Introduction: What is the objective or purpose in studying and analyzing a case study and applying learning lessons from the text?
Problem: Identify the problem(s) in the situational context. Why do different people see problems in a different way? Explain and give examples.
Analysis: In your analysis, draw insights gained from the GLOBE Project Values Dimensions (pp. 128–130) as you describe how you can enhance your cultural literacy in professional settings to identify and manage cultural differences.
Integration: Evaluate how your management skills are advancing and how you will apply your knowledge to integrate people working in a global team environment. Apply knowledge gained in “What Are Your Social Values.”
Conclusion: Summarize the key learning lessons that you will take from this assignment.
Review the components below and the grading rubric for this assignment before you begin writing your paper. Construct and write your paper with subheadings that connect to the key components below. This is a sound structural strategy to guide performance of your critical thinking.
Title your paper: “Talley Guitars: A Critical Analysis of a Global Problem”
Attachments: Peer review article 1
Read the attached case: “Case Study: Should We Embrace Crypto?” by Charles C.Y. Wang, from the Harvard Business Review
Read the attached case: “Case Study: Should We Embrace Crypto?” by Charles C.Y. Wang, from the Harvard Business Review Magazine (November–December 2021)
Answer the following prompt:
You have been hired by Ankit Jain, CFO of Ivory Tower, the world’s leading online education platform to present your recommendation of whether to embrace cryptocurrency, or to oppose the plan to use cryptocurrency for accepting tuition payments.
You should respond to this through an executive summary (no longer than 2 pages in length, double spaced). (Note: The executive summary should be a succinct analysis of the issues at stake, the proposed response, the rationale underlying your response, and an acknowledgment of other responses that were considered but discarded.)
Business Assignment Help The student will post one thread of at least 250 words by 11:59 p.m. (ET) on Monday of the assigned Module: Week. The student must then post 2 replies of at least 150 words by 11:59 p.m. (ET) on Monday of the assigned Module/Week. Students must support their assertions with at least 3 scholarly citations in APA format. Each reply must incorporate at least 2 scholarly citation(s) in APA format. Any sources cited must have been published within the last five years. Acceptable sources include articles found on any reputable website that focuses on business, such as Wall Street Journal, Financial Times, or the Economist. Websites like “about.com,” “britanica.com,” “Wikipedia,” etc. do not constitute scholarly, academic articles and references. (the textbook, the Bible, etc.).
Utilizing one of the internet search
engines, find a recent example of an organization utilizing forecasting
to provide information on future demand. Describe the type of forecast
used along with the impact the forecast had on organizational decisions.
Be sure to provide any URLs you used as a reference source for your
answer. The selected article must provide well-rounded information and
address the topic. You must post the annotation in the reference
Develop a Business Growth Strategic Plan
Develop a business growth strategic plan for a business you are engaged in, using the models and tools learned at the module. The models you can use are Ansoff matrix, BCG portfolio management framework, Bowman’s clock model etc. You are not limited to these models and can apply any studied on the module in a combination that you believe addresses best the challenge of growth in the business.
The areas to cover will be:
Key partnerships (suppliers and partners) needed.
Key activities: this could be critical success factors etc.
Channels: for each segment such as advertising, promotion, social media, Instagram, websites, search engines etc.
Cost structures. ?
Revenue streams: sources of income for each segment
An indicative structure for your report could be as follows:
2. Description of the company: a) industrial and geographical focus, b) size of the management team, c) financial performance
3. What are the objectives of this organisation and how they can be achieved through implementing functional strategies?
4. Challenges the company is experiencing (at a functional level and at the level of the organisation as a whole)
5. Articulate various internal growth strategies (applying Ansoff’s and BCG frameworks) and the benefits and risks associated with implementing each of those. If you consider it appropriate for this organisation, you may also consider external growth strategies. Please consider the impact of the various growth strategies on the organisation as a whole and on specific functional areas taking into account such aspects as: a. Customer service b. Inventory levels c. Production processes and production capacity levels d. Promotional activities e. Resource requirements for implementing a given growth strategy f. Etc.
*** Words count = 2200 words.
*** In-Text Citations and References using Harvard style. (If needed)
*** I’ve uploaded compressed file named “Materials” related to this assignment.