When performing an evaluation to determine the performance or health of a company, it is important to identify and evaluate any current or potential risks the company might face.
In this assignment, you will perform a risk assessment for TransGlobal Airlines to better understand its business environment.
Prompt
Perform a risk assessment for TransGlobal Airlines and write a report describing the results.
Specifically, you must address the following rubric criteria:
Identification: Identify two risks the company is facing, including at least one high-impact risk.
Identify the balanced scorecard component each risk corresponds to.
Classify the risk based on these two types:
Operational
Strategic
Evaluation: Determine whether the probability and impact of each identified risk is low, medium, or high. Justify your evaluation of the impact and probability of each risk.
Mitigation: Recommend a possible risk-prevention or mitigation strategy for each identified risk.
What to Submit
Submit a 1- to 2-page Word document using double spacing, 12-point Times New Roman font, and one-inch margins. Sources should be cited according to APA style. Consult the Shapiro Library APA Style Guide for more information on citations.
Please Answer each of the 3 questions with at least 250 words, 2 in text citations and 2 references with page numbers.
Economics for Business Decisions DBA-815-O500
1. Academic engagement through active participation in instructional activities related to the course objectives is paramount to your success in this course and future courses. Through interaction with your instructor and classmates, you will explore the course material and be provided with the best opportunity for objective and competency mastery. To begin this class, review the course objectives for each Topic, and then answer the following questions as this will help guide your instructor for course instruction.
Economics for Business Decisions DBA-815-O500
Which weekly objectives do you have prior knowledge of and to what extent?
Which weekly objectives do you have no prior knowledge of?
What course-related topics would you like to discuss with your instructor and classmates? What questions or concerns do you have about this course?
2.What is the role of models in economic analysis? How can it be determined if the assumptions underlying the design of an economic model are overly simplified or overly limiting? At what point do the assumptions invalidate the model? Why?
3.The high rates of unemployment and business bankruptcies during the Great Depression of the 1930s caused a dramatic increase in government intervention in the economy of the United States. What was the original intent of this government intervention? What were the most significant microeconomic and macroeconomic effects of this government intervention? Why?
Learning Objectives: 1. Describe culture’s effect in international business. 2. Learn models and explanations of culture. 3. Understand managerial implications of culture.
Directions: Visit the indicated websites and respond the following questions (10 points each question) 1. Based on the Hofstede Cultural Dimensions model (https://www.hofstedeinsights.com/country-comparison/) a. How does the US score in each of the 6 dimensions? b. What country shows the highest level of individualism? c. How is the Indulgence score of Latin American countries like Mexico and Venezuela compared to the US? What about China? d. How does the USA compare with China, Russia and Germany in all dimensions? e. Explain how a business person can use the model when doing business with people from other countries? Give examples
2. Based on the Transparency International’s 2021 Corruption Index (https://www.transparency.org) a. According to Transparency International, what is corruption and what are its costs? b. Which countries top the list as the least corrupt? (name 5) c. Which are the 10 countries with the highest level of corruption? d. What is the score and the ranking of the USA in the corruption ranking? e. Do you see a correlation between corruption and economic development of a nation? Explain why this may be
CORPORATE SOCIAL RESPONSIBILITY; ETHICS AND THE FUTURE
Case Assignment
Read Case: TOMS Shoes describes a unique business model combining for-profit and nonprofit philosophies into a corporate social responsibility model.
Naeini, A.; Dutt, A.; Angus, J. et.al. (June 7, 2015). A shoe for a shoe, and a smile. Business Today. Retrieved from https://www.businesstoday.in/magazine/lbs-case-study/toms-shoes-shoes-for-free-cause-marketing-strategy-case-study/story/219444.html
Address the following in a 4-page academic essay that demonstrates your critical-thinking skills. It should be written for an audience of business owners. As an ethics expert working for a national ethics association, you have been asked to address the following:
Research another organization that is also high on corporate social responsibility. Compare and contrast their CSR approach with the CSR approach of TOMS Shoes.
What actions of organizations fall under the umbrella of “corporate social responsibility”? Give three examples of CSR activities beyond what you have learned from TOMS and the organization you discussed in this assignment.
Is it expected that successful organizations also have a CSR component in its values? Discuss by giving two additional employer examples.
This assignment should include third-person voice, in-text citations, and a references list. It should be evident that you followed some of the basics of APA formatting. Write a well-integrated paper with a strong introduction and conclusion, and use a few section headings (e.g., do not simply follow a Q & A format).
Bring in subject matter viewpoints (authors or speakers) to validate and support your writing. Utilize at least 3 sources that are not included as background readings in this course and are new to you. These sources, for example, can be found from searching the Trident Online Library databases (such as Academic Search Complete, Business Source Complete, Skillsoft Books 24×7, and/or ProQuest Central).
Body of Knowledge Emphasis
The criterion in the grading rubric has been developed to measure student success in meeting the ETH501 Case 4 “introduced” expectations related body of knowledge. Assessment of any following body of knowledge skills at the “reinforced” and “emphasized” levels may be included in assignments in other courses that follow.
Please follow all instructions. Please see complete assignment details on attached files
Address the following in a 4-page essay, demonstrating your critical-thinking skills:
Discuss Warren Buffett’s approach to business dealings, especially as they relate to business ethics.
Compare that approach to Bernie Madoff’s.
Apply ethical philosophies that you have learned about in this Module and state which you think apply to Mr. Buffett.
Which ethical philosophies apply to Mr. Madoff? Why?
Create a table where you compare and contrast these two investors from an ethical standpoint. Be sure to discuss your table in your paper.
Write a well-integrated paper with a strong introduction and conclusion, and use a few section headings (i.e., do not simply follow a Q & A format).
Use your module background information and any other reliable sources you wish to find. The sources do not need to come from the Trident Online Library. For all sources, however, provide in-text citations and include a reference list.
General References Useful for Preparing Graduate-Level Papers:
For a list of general reference sources related to locating library sources, using APA formatting, applying critical-thinking skills, and so forth, see General References Useful for Preparing Graduate-Level Assignments. It is not required that you read these sources page-by-page, but rather use them as guides.
Topics of Discussion 1. Examine one core competency of Information Technology and analyze its importance. 2. Describe the value that Management Information Systems (MIS) bring to an organization in achieving a competitive advantage. All discussion posts, initial and response, will include a minimum of two paragraphs with a minimum of five sentences each.
Each discussion post will include two references (in addition to the hyperlinked article and the course text) with supporting in-text citations, one supporting each paragraph.
Content and reference lists will be formatted according to the American Psychological Association (APA) standard.
Topic: Business and WorkplaceSocial Media Applications to Consider- Networking through relationships on social mediaPsychological Concepts to Consider- Work/life separation
Topic Area
Describe the topic area you have selected in detail so the reader is clear about your intended audience.
Describe the current state of social media in your selected topic area. Which platforms or social media applications are currently popular with people from your topic area?
Include citations to research that supports the popularity of your platforms or applications of social media.
Attention and Engagement
Describe at least two principles of gaining attention or maintaining engagement with viewers or followers on social media in your selected topic area.
Include citations to research supporting the psychological principles or concepts you are reporting.
Benefits of Social Media Use
Describe at least two potential benefits of using social media with people in your selected topic area.
Describe at least one psychological principle or concept related to the positive use of social media with your topic area.
Include citations to research supporting your statements.
Risks of Social Media Use
Describe at least two potential risks of using social media with people in your selected topic area.
Describe at least one psychological principle or concept related to the negative use of social media with your topic area.
Include citations to research supporting your statements.
Conclusion
Write a conclusion to tie your ideas up and bring your point of the paper back into focus.
Number of References: Your paper should include 1–2 properly cited professional or scholarly resources (such as a textbook or peer-reviewed scholarly journal article from the Capella library) and 2–3 properly cited reliable Internet resources.
Length: 4–5 double-spaced pages of content in addition to the title page and reference page.
Font and font size: Times New Roman, 12 points.
Template: Use the Applications of Social Media Paper Template
The retail store has provided you with a list of some of the business rules that they use to conduct business on a daily basis. The company has also provided you with the subjects of interest to them, namely those things that the company wants to track in the process of taking orders from their customers. What can be done to effectively document the relational database system solution that you are proposing to the retail store?
Review these worked examples.
The project deliverables are as follows:
Subjects of Interest (proposed entities)
Customers
Orders
Products
Add a minimum of 3 of your own subjects of interest based on your retail store.
Business Rules
Each product is assigned to a maximum of 1 category.
A person who has placed at least 1 order is a customer.
All products have a minimum reorder level.
Add a minimum of 3 of your own business rules based on your retail store.
Entity–Relationship Model (4–5 pages)
Include a list of the business rules that will be enforced by the proposed database system.
Include a list or table of the entities, attributes (including data types), relationships, and cardinality constraints.
Include an entity–relationship (E–R) diagram that uses crow’s foot notation and graphically depicts the entities, attributes (including data types), and relationships (including degree and cardinality constraints).
Verify that the data design that is depicted in the E–R diagram adheres to a minimum of third normal form (3NF), and if necessary, provide documentation and justification for the use of a higher level of normal form.
Provide your analysis as to how this part of the project fulfills the mission and 1 or more goals of the case study organization.
Note: Use Microsoft Visio or equivalent to create the E–R diagram. You will embed the diagram in the Word document and also provide it as an attachment.
All sources should be cited both in-text and in References using APA format.
A Business Intelligence (BI) and Data Analyst is a professional who specializes in analyzing and interpreting data to provide actionable insights and support data-driven decision-making within an organization and our finance experts offer tasks solutions at capitalessaywriting.com. Their role involves gathering, cleansing, analyzing, and visualizing data to help stakeholders gain valuable insights into business operations, customer behavior, market trends, and other key areas.
Here are some key responsibilities of a Business Intelligence and Data Analyst:
Obtaining pertinent data from a variety of sources, such as databases, spreadsheets, and external data providers. Data collection and cleansing. To guarantee data accuracy and consistency, this may entail extracting, transforming, and loading (ETL) procedures.
Data analysis and interpretation: the process of examining data sets, spotting patterns, correlations, and trends in order to generate insightful conclusions. Analytics that fit under this category might be descriptive, diagnostic, predictive, and prescriptive.
Development of reporting and dashboards: utilizing business intelligence (BI) tools like Tableau, Power BI, or QlikView to produce dynamic, aesthetically pleasing reports, dashboards, and data visualizations. This facilitates user-friendly data understanding and exploration for stakeholders.
Monitoring Key Performance Indicators (KPIs) establishing and monitoring KPIs that are in line with company goals. Making and keeping scorecards and dashboards to track performance metrics and deliver regular updates to stakeholders.
Business Needs Analysis: Collaborating with business stakeholders to understand their requirements and translate them into data analysis projects. Identifying opportunities for data-driven insights to drive business improvement, operational efficiency, and decision-making.
Data Mining and Predictive Analytics: Applying data mining techniques and predictive modeling to identify trends, patterns, and future outcomes. This helps in forecasting, customer segmentation, and predictive analytics applications.
Data Quality and Governance: Ensuring data integrity, accuracy, and consistency by implementing data quality control measures. Adhering to data governance policies, privacy regulations, and best practices to maintain data security and compliance.
Data Visualization and Storytelling: Presenting data analysis findings in a clear and compelling manner to stakeholders through visualizations, reports, and presentations. Translating complex data into actionable insights and recommendations.
Continuous Improvement: Staying updated with emerging data analysis techniques, tools, and industry trends. Actively seeking opportunities to enhance data analysis processes, data collection methods, and reporting capabilities.
To excel as a Business Intelligence and Data Analyst, you should have strong analytical and problem-solving skills. Proficiency in data analysis tools such as SQL, Python, R, or Excel is essential. Knowledge of data visualization tools and techniques is also important for effectively communicating insights.
A solid understanding of statistical concepts, data modeling, and database management is valuable. Additionally, familiarity with business processes, industry dynamics, and relevant domains (such as marketing, finance, or operations) can enhance your ability to provide meaningful insights.
Good communication skills are crucial for effectively collaborating with stakeholders, understanding business requirements, and presenting findings. The ability to work with large data sets, attention to detail, and an analytical mindset are essential traits for success in this role. A continuous learning mindset, curiosity, and an eagerness to explore new data analysis techniques and tools are important to stay relevant in the rapidly evolving field of business intelligence and data analysis.
Get help in financial analysis in a business plan at CapitalEssayWriting.com finance experts. Financial analysis is a crucial component of a business plan as it helps assess the financial health, profitability, and viability of a business. It involves evaluating historical financial data, making projections, and using various financial metrics and ratios to gain insights into the company’s performance.
Here are the key aspects to consider when conducting financial analysis in a business plan:
Historical Financial Information: Examine the company’s prior income statements, balance sheets, and cash flow statements to start. This makes it easier to spot trends, patterns, and swings in cash flows over time as well as in revenues, costs, assets, and liabilities.
Revenue Analysis: Assess the sources of revenue and their contribution to the overall business. Identify the company’s primary revenue streams, such as product sales, service fees, or subscriptions. Analyze the growth rate, seasonality, and customer segments driving the revenue to understand the business’s revenue generation potential.
Cost Analysis: Evaluate the company’s cost structure and identify the major cost components. This includes analyzing costs of goods sold (COGS), operating expenses, and any other significant costs incurred by the business. Understanding cost drivers and trends helps in managing expenses effectively and optimizing profitability.
Profitability Analysis: Measure the company’s profitability using key financial ratios such as gross profit margin, operating profit margin, and net profit margin. These ratios provide insights into the company’s ability to generate profits and control costs. Compare the profitability ratios to industry benchmarks to assess the company’s performance relative to its competitors.
Liquidity Analysis: Evaluate the company’s liquidity position by analyzing its current assets and liabilities. Key liquidity ratios such as the current ratio and quick ratio assess the company’s ability to meet short-term obligations. This analysis helps determine the company’s ability to manage cash flow, pay bills, and sustain operations.
Financial Efficiency Analysis: Assess the company’s financial efficiency by analyzing various ratios such as inventory turnover, accounts receivable turnover, and accounts payable turnover. These ratios provide insights into the company’s effectiveness in managing inventory, collecting receivables, and paying its suppliers. Higher turnover ratios indicate better financial efficiency.
Cash Flow Analysis: Evaluate the company’s cash flow statements to understand its cash inflows and outflows. Analyze the cash flow from operations, investing activities, and financing activities. Assess the company’s ability to generate positive cash flow, manage working capital, and fund investments and growth initiatives.
Financial Projections: Develop financial projections based on historical data, market analysis, and future business plans. This includes projected income statements, balance sheets, and cash flow statements. Projections should be realistic, supported by thorough research and analysis, and aligned with the overall business strategy.
Sensitivity Analysis: Perform sensitivity analysis to assess the potential impact of changes in key variables on the financial projections. This helps identify the risks associated with different scenarios and enables the development of contingency plans to mitigate risks.
Risk Assessment: Identify and evaluate financial risks such as market volatility, regulatory changes, competition, and operational risks. Assess the potential impact of these risks on the company’s financial performance and include risk mitigation strategies in the business plan.
Funding Requirements: Determine the funding requirements of the business, including startup costs, working capital needs, and expansion plans. Clearly articulate the funding requirements and demonstrate how the funds will be utilized to drive growth and profitability.
Return on Investment (ROI) Analysis: Assess the potential return on investment for investors by calculating key metrics such as return on equity (ROE) or return on investment (ROI). This helps attract potential investors by showcasing the financial attractiveness of the business opportunity. Feel free for Help in financial analysis in a business plan for any need in tutoring.
