Assignments
Module Overview
In this module, you will learn about the challenges entrepreneurs face when they consider going international. You will learn that different cultural aspects and language problems can have a strong impact on replicating the success achieved in a domestic environment in another, different business marketplace abroad.
• From the Internet, read the following management/leadership success stories:
o Brewing Up a New Business Idea from a Coffee Castoff
o Building a Business on Busy Schedules and Making Errands Pay
o Entrepreneur's Nonprofit Rolls Out a Nontraditional Shelter for the Homeless
o How a B-School Networking Problem Became a $20 Million Opportunity
Conclusion
This Module concludes the capstone course, The Functional Contribution to Organizational Success (Capstone).
In this module, you will deliver the complete business plan in assignment two. You will submit the business plan as the LASA for this course Titled: Assignment 2 LASA: Business Plan. In the LASA, you need to include all information originally submitted in Modules 1, 2, 3, and 4, Assignments Titled: Business Plan Breakdown 1-The Choice of Business, Business Plan Breakdown 2-The Marketing Plan, Business Plan Breakdown 3-The Simplified Financial Plan and Business Plan Breakdown 4-The Operations Plan revise it, and complement with any missing information necessary to constitute the complete business plan.
You, at this point, are fully capable of translating your business ideas into real-world companies. You now possess the tools, concepts, and necessary skills to become an entrepreneur. It is time to dare and make your dreams come true!
Discussion-Doing Business Abroad
Nancy Baxter and several other small business owners joined a trade mission to China to explore market opportunities there. The group learned that China has a population of 1.3 billion and is the third fastest growing export market for small- and medium-sized US firms.
In any given year, the Chinese software market grows by 30% and the number of Internet users quadruples. Furthermore, the demand for management consulting services is increasing, especially information technology consulting.
Members of the group were surprised by the number of people who had cell phones and regularly surfed the Internet, especially in large, urban centers. On the downside, they found that counterfeit goods (from clothing and leather goods to software and CDs) were available at a fraction of the cost of legitimate merchandise. In addition, the members found that local merchants expressed an interest in doing business only with vendors with whom they had established relationships.
In this assignment, you will review different concepts discussed in the course Titled: The Functional Contribution to Organizational Success Master of Science in Organizational Leadership [MS_OL], and critically evaluate how the business venture you are proposing could be successful in a different business culture, such as China.
Tasks:
Using the Internet or the Argosy University online library resources, research how people do business in China and how the Chinese culture can affect your traditional business thinking.
Now, respond to the following questions:
• What types of businesses would prosper in China? Why?
• What are the challenges and risks associated with doing business in China?
• What steps should Baxter take to address these challenges and risks in order to increase a chance of success in the market?
Do the following when responding:
• Read your answers. Provide substantive comments by contributing new, relevant information from course readings, Web sites, or other sources; building on the remarks or questions; or sharing practical examples of key concepts from your professional or personal experiences Respond to feedback on your posting and provide feedback to their ideas. Make sure your writing is clear, concise, and organized; demonstrates ethical scholarship in accurate representation and attribution of sources; and displays accurate spelling, grammar, and punctuation.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also include a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also Include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.
Module Readings
Complete the following readings early in the module:
• Module overview
• Review any course readings that may help you complete the Modules assignments.
• From the Argosy University online library resources, read the following article:
o Bassi, L., & McMurrer, D. (2007). Maximizing your return on people. Harvard Business Review, 85(3), 115-123. (EBSCO Accession Number.
o Harnish, V. C., & Mahoney, M. A. (2006). A Step-by-step process to hiring.
o Kesler, G., & Law, J. (1997). Implementing major change in the HR organization: The lessons of five companies. Human Resource PlanningSociety, 20(4), 26-38. (ProQuest Document ID: 224590980).
o Gutner, T. (2010). How to create a success culture.
Whetten, D. A., & Cameron, K. S. (2011). Developing management skills (8th ed.). Upper Saddle River, NJ: Prentice Hall.