Question: This question is about corporate social responsibility (CSR). in a well organized essay, provide the following.
1. Who are the stakeholders of a business?
2. Identify and briefly explain the three components of the triple bottom line framework and why corporate stakeholders are a consideration in tis theory. Describe an example of a company that utilizes this frame work.
3. Explain what is greenwashing.
4. Explain how you would determine if a company if engaged in greenwashing.
Cite sources appropriate in text of your essay and in full citation reference at the end. (APA7th)
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Business Model Innovation in Practice,” Euchner and Ganguly (2014) discuss a five-step approach to implement innovations within organizations. The five-step approach starts with Demonstrate value creation. The purpose of this step is to ensure that the organization has a clear understanding of the new value the innovation creates for the customer. Step two is generating business model options. A strong business model is imperative. The business model capitalizes on the value and ensures that other competitors would have challenges trying to replicate the model. This increases the organization’s competitive advantage. The third stage is to identify the risks for each option generated. The business model is strictly a concept. In this phase, it will identify the future risks upfront. This will allow the organization to be proactive. The three types of risks are business execution. Co- innovation risks and adoption risks. The fourth phase is to prioritize the risks. In this phase, the organization will quantify the chances of success. The organization will evaluate the current state of knowledge and identify the variables. The fifth step is to reduce risks through business experiments. In this stage, the organization conducts experiments in the real world using prototypes or simulated experiments (Euchner, 2014).
The four functions of management (planning, organizing, leading, and controlling) can be leveraged within the five-step approach to assist organizations in implementing successful innovations. All organizations planning to implement innovation needs a strong management plan. Each function will play a vital role in ensuring that the innovation is successful. The five-step approach combined with the four functions of management will increase the likeliness of the innovation is successful.
Euchner, J., & Ganguly, A. (2014). Business Model Innovation in Practice. Research-Technology Management, 57(6), 33–39. https://doi-org.lopes.idm.oclc.org/10.5437/08956308X5706013
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opinion and explaining the rational of your opinion with references in 200 words.
The Internet has changed the way consumers purchase products. As our textbook explains, there are several online consumer segments: Upscale Clicks and Bricks, Virtual Shoppers, Status Strivers, Mall Maniacs, Just the Essentials, and Original Traditionalists (Mothersbaugh, 2016, p.585). For a business to target the correct consumer segment, they need to understand the online habits of their consumers. A business must determine where their customers will likely frequent and how they will shop online, to determine where their digital marketing dollars are best spent. You can’t target your correct audience if you don’t know who or where they are. For example, a company who produces fur coats would not want their ad banner displayed on a website or as an ad in a search shown to someone who supports PETA.
Understanding which segment(s) your consumer is aligned with, will help you better understand what your target audience is looking for, and how you can be solve their consumer problem. Once a business knows who they are speaking to, they can adjust their website design to entice their target segment and adjust any digital marketing banners or Google ads they may create to ensure they are speaking to their target audience instead of the mass user of the website or search engine. If a business determines their target segment are Virtual Shoppers who “tend to use the Internet to find good deals” (Mothersbaugh, 2016, p.585), the business would be wise to advertise their product on money-saving websites such as Groupon. They could also post of their business’ social media, or run an ad to their target audience on social media, that would direct the consumer to an exclusive on their website. While digital marketing efforts can sometimes be hit or miss, the real-time feedback a marketer receives can help them determine where their dollars are best spent and allow them to quickly change strategies to maximize visibility to their target audience.
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This is your opportunity to play detective and do some financial statement analysis. Please select any publicly traded company. The CSU Online Library has several databases to choose from that are good starting points for your research:
Mergent Online,
Business Insights: Global,
Business Source Ultimate, and
ABI/INFORM Collection.
In addition to using at least one database article or report from the CSU Online Library, you may also use any reliable website, such as the company’s web page.
For the company you select, find the annual report and the financial ratio information for the following ratios:
debt-to-equity,
current ratio,
return on equity,
quick ratio,
working capital ratio,
price earnings ratio, and
earnings per share.
Once you have reviewed the information, write an essay that begins with a brief introduction to your chosen company. Next, explain how the company is doing with respect to the ratios. In one to three sentences, briefly summarize what each of the ratios are telling you about the company. Conclude with how you predict it will do in the future.
Your essay should be at least one page in length. Use APA format to cite and reference all quoted and paraphrased material, including your textbook. Use a minimum of two sources, one of which may be the textbook. Include a title page, introduction, body, conclusion, and references page. An abstract is not required
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1. Consider all of the readings, assignments, and quizzes you have completed during the course. Describe how business professionals can use economics and statistics to improve decision-making and long-term sustainability.
Double-spaced, 12-point font. One page maximum.
Cite any sources in APA format.
2. Revise all papers and case studies based on instructor feedback.
Double-spaced, 12-point font. Two page maximum.
Cite any sources in APA format.
3. Complete MBA 613 Final Reflection. In a separate document , respond to the following:
Answer the following questions under separate headings:
Why is it vital for business managers to understand the economic environment?
How does data help support a leader’s rationale and decision-making?
what you have learned during this class and how do you plan to use these concepts in your career?
What does scripture have to say about this topic? Find at least one biblical verse to support your comments?
Double-spaced, 12-point font. Two page maximum.
Cite any sources in APA format.
This should be 3 different papers. I also attached all my papers and discussions for you to revise and turn into 1 paper. The teacher feedback is at the end of each paper and discussion
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For this assignment, you must write a paper that combines practical threats, information from at least 5 scholarly resources, and critical thinking to develop a list of potential disasters and threats to business continuity for your selected organization.
Your paper should contain the following:
Lists/Tables of disasters and threats that could hinder business operations the specific organization
Anticipated business impacts for each potential threat and disaster
Identification and descriptions of key vulnerabilities
Length: 4 page technical paper, not including title page
The completed assignment should demonstrate thoughtful consideration of the ideas and concepts presented in the course by providing new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards
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In the process of enterprise risk management, a primary element is the business continuity plan (BCP), which consists of steps to continue operations should a worst-case scenario event take place. Your work on vulnerabilities, threats, and risk in the first two projects will support this.
The BCP assignment will detail the following elements:
resources required and defined stakeholder roles
business impact analysis
recommended preventative controls
recovery strategies
contingency plan that includes implementation and maintenance guidelines and defined procedures for testing the plan
Grades are determined on the ability to clearly articulate a developed, effective business continuity plan that considers relevant environmental factors and aligns with organizational objectives.
This is the third of four sequential projects. There are 13 steps in this project. Begin below to review your project scenario.
Transcript
Competencies
Your work will be evaluated using the competencies listed below.
· 1.4: Tailor communications to the audience.
· 2.3: Evaluate the information in a logical and organized manner to determine its value and relevance to the problem.
· 9.1: Continuity Planning and Implementation: Develop, implement, and maintain a business continuity plan, ensuring alignment with organizational goals and objectives.
Step 1: Review Assigned Organization
The process of business continuity planning addresses the preservation and recovery of business in the event of outages to normal business operations. The output of the process is the business continuity plan (BCP), an approved set of documented arrangements and procedures that enables an organization to facilitate the recovery of business operations, minimize losses, and replace or repair incurred damages as quickly as possible (Ouyang, n.d.).
According to the National Institute of Standards and Technology’s Special Publication 800-34, Contingency Planning Guide for IT Systems, business continuity planning is an ongoing task, the goals of which are to (Ouyang, n.d.):
sustain operations
recover and resume operations
protect assets
SHAPE \* MERGEFORMAT
Goals of the BCP Cycle
In the case of your particular organization (use the one assigned to you in CMP 610 or another organization of your choice), the company may have an existing BCP. However, in your organization, as with many others, the BCP was written, put on the shelf, and rarely, if ever, referenced unless an emergency required implementation.
Knowing this, conduct operations as if there were no existing plan and create a new plan.
The next step will involve planning for the BCP, including establishing a need and defining a scope.
References
Ouyang, A. (n.d.). CISSP common body of knowledge: Business continuity & disaster recovery planning domain. http://opensecuritytraining.info/CISSP-9-BCDRP_files/9-BCP+DRP.pdf
Step 2: Define the Scope
In the first step, you reviewed BCP methodologies. You are now ready to continue the first part of the planning process, which involves establishing the need for a BCP and defining an appropriate scope for the company outlined in the scenario.
The BCP should address aspects of business continuity, business recovery, contingency planning, disaster recovery, and related activities. Focus on those elements that are adequate and expedient, based on your risk assessment for the enterprise.
Governmental agencies are required to develop an enterprise continuity of operations program (COOP). A COOP is a detailed framework that documents how the agency will ensure that essential functions continue through an emergency situation until normal operations can resume. Outside of federal, state, and local government, enterprises call that kind of framework a BCP. Both COOPs and BCPs are created to help organizations recover from disasters.
Consider what aspects of business continuity the BCP will address, such as business recovery, contingency planning, and disaster recovery. Submit a brief description for feedback (one page or less) of the topic areas to be covered in the BCP.
Submission for Project 3: BCP Scope
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In the next step, you will use a risk management framework to put together a business impact analysis.
Step 3: Conduct a Business Impact Analysis
You’ve defined the scope for the BCP. Next, use an established risk management framework to conduct a business impact analysis (BIA).
The BIA provides written documentation to assist Maria and the other executives in understanding the business impact should an outage occur. Such impacts may be financial, in terms of lost revenues and additional expenses; operational, in terms of inability to deliver products and services; or even intangible, in terms of damage to the organization’s reputation and loss of public confidence.
This analysis should include all departments and facilities of the enterprise, list what it would take for each to resume adequate operations to meet the needs of the enterprise, and must include each phase of the recovery activities.
Remember, a key element to “business impact” is the financial aspect. What will it “cost” to take a particular action and, equally important, what could be the “cost” of inaction?
Prioritization is a key to the successful recovery of operations. The sequence of activities is an essential element in your contingency planning.
Use the Business Impact Analysis Template and then upload your BIA here for feedback.
Submission for Project 3: Business Impact Analysis
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In the next step, you will take a look at needed resources and who will be responsible for meeting those needs.
Step 4: Identify Key Resources and Stakeholders
After the BIA, the next step is to identify the key resources necessary and the stakeholders (executives and management) responsible for those resources. Remember, some resources necessary for a successful BCP might be external to the company. Be sure to include these aspects in the plan.
Now that all resources and stakeholders are identified and listed, answer these two questions: What resources are needed? Who are the players?
Expand the table for the BCP by including a column for accountability. With an assumed and reasonable job title, make a list of probable stakeholders responsible for execution of each recovery effort. Clearly identify their respective responsibilities during the reactivation of business processes.
Use the Key Resources and Stakeholders Template to indicate key resources and stakeholders involved in the recovery for feedback.
Submission for Project 3: Key Resources and Stakeholders
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In the next step, you will look at what can be done to prevent or reduce the impact of a significant event.
Step 5: Consider Preventive Controls
After identifying the key stakeholders and resources, take a look at what can be put in place in advance to prevent or reduce risk. Based on previous research, plus what you have learned in the business impact analysis, what could be done to eliminate or minimize the impact of a major event? These are called preventive controls in the business process realm, or risk countermeasure implementation in technology language.
Either way, the BCP should contain controls that can be classified as measures taken in advance of a catastrophe that are designed to reduce the risk of a negative impact. In the process of itemizing the controls, make sure they are properly aligned with organizational goals and the strategic direction of the enterprise.
The preventative controls selected should be aligned with the organizational goals and strategies. You will list these controls in the next step.
Step 6: List Preventive Controls
In this step, you will write a description of the preventative controls that you considered in the previous step. These controls could eliminate or minimize the impact of a major event.
Upload a description of the preventative controls to be used in the BCP here for feedback.
Submission for Project 3: Preventive Controls List
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In the next step, you will conduct research on recovery strategies.
Step 7: Research Recovery Strategies
A BCP is uniquely different from a complete disaster recovery plan (DRP), neither of which is a small undertaking. Both are required to return the enterprise to 100 percent functionality. The view for the enterprise is to have one BCP that contains multiple DRPs generally broken into department or business function categories.
The BCP is an overarching strategic approach to getting any business back “in” business with all mandatory functionality as soon as possible after disaster strikes. This is why the previous steps and projects have required these elements to be identified and prioritized. As such, the BCP is not as detail-oriented as the DRP and only contains DRP requirements that are absolutely mandatory to get the business back in action at the earliest opportunity.
The DRP is usually more technical, very specific, and very much a necessity in today’s highly connected technology infrastructure. The DRP includes descriptions of data backup strategies, recovery sites, and postincident requirements.
There will naturally be several aspects of the rebuild that might not go exactly as planned. This exercise will be to demonstrate an ability to follow multiple paths in a decision tree environment. The objective will be to create a drawing or descriptive list that follows both options to each decision of “yes” or “no” or “success” or “failure” to the reconstructive effort.
Specifically, for each step, conclude with an answer to the question “was the action successful?” If “yes,” what is the next step? Or, if “no,” what is the alternative step to take next? Continue this process until you have successfully returned to operational status or determined you cannot reactivate under current circumstances. If the result of the plan is an inability to recover, the plan needs additional work to make it successful.
In the next step, you will document the selected recovery strategies.
Step 8: Document Recovery Strategies
Now that you have researched recovery strategies as they pertain to a BCP, list or map multiple strategic options to accomplish the recovery effort. Upload a description of the planned recovery strategies here for feedback.
Submission for Project 3: Viable Recovery Strategies
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When that is complete, move to the next step, where you will consider how the contingency plan will be implemented and maintained.
Step 9: Develop Implementation and Maintenance Procedures for the Contingency Plan
You’ve documented recovery strategies and are well on the way to completing the BCP. But writing a BCP is not enough. You must also have a clear plan for implementing and maintaining the BCP. Answer these questions:
What resources are needed?
Under what conditions, such as fire, natural disasters, occurrence of a terrorist attack, etc., will the BCP will be activated?
How will stakeholders be made aware of the policies and procedures of the BCP?
How will employees be trained on the plan? How often will training occur? Will there be a general training for all employees or role-based trainings for people in specific functional areas?
How/where will the plan for stored for safekeeping and accessibility when needed?
When and how will BCP maintenance reviews be scheduled?
How will updates and changes to the plan be handled? How often will the plan be updated?
In this step, begin to develop a strategy for how the BCP will be implemented and maintained. This information will be used in Step 11, in which the contingency plan will be documented. Next, you will develop testing procedures for the plan.
Step 10: Develop Testing Procedures for the Contingency Plan
You’ve begun to outline your strategy for how to implement and maintain a BCP. It is also important to conduct business continuity testing to evaluate the effectiveness of a preparedness program in practice. This will give insight into whether the parts of the preparedness program will work and can help identify aspects of the BCP that work on paper but are ineffective or impractical in reality.
Examples of BCP Tests
Types of Tests
Description
Structured walk-through
Step-by-step review of BCP plans with organization’s functional representatives
Checklist test
Functional representatives review BCP plans and check off the points that are listed to ensure concerns and activities are addressed
Simulation
A scenario-based practice execution of the BCP plans.
Parallel test
Operational test conducted at the alternate site(s).
Full interruption test
Full-scale operational test including shutdown of primary site and recovery of business operations at alternate site(s).
Source: Ouyang, A. (n.d.). CISSP common body of knowledge: Business continuity & disaster recovery planning domain. Used under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Unported license.
Taking time to develop, document, and test consistent processes and controls will also help you prepare for the annual audit of your information security system under any of the commonly used security and audit frameworks. Under these security and audit methodologies, auditors will gather information about the organization’s security systems, confirm that appropriate security measures are in place, and provide a report on their findings.
Now develop your strategy for how the BCP will be tested. Your plan will be included in the contingency plan to be submitted in the next step.
Step 11: Document the Contingency Plan
You’ve developed testing procedures. However, an effective BCP must outline how the plan will be implemented and maintained and also how it will be tested to ensure its viability in a real emergency situation. Therefore, an integral part of the BCP should be a discussion of plans for implementation and maintenance and for business continuity testing.
Upload your contingency plan with a description of how the BCP will be tested and plans for ensuring the proper implementation and maintenance of the plan here for feedback.
Submission for Project 3: Contingency Plan
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Step 12: Consolidate and Update Your Work
You’ve documented testing and implementation procedures, and the plan is nearly complete. In the next step, you will submit your final BCP. Take some time now to update your work on the project to this point and make updates based on feedback received or new information uncovered.
In the final step, you’ll complete and submit the BCP.
Step 13: Write the Business Continuity Plan (BCP)
Use the results from the previous steps to create a five- to seven-page business continuity plan. Explain the thought process of creating the specific plan steps and how each is related to business strategy considerations.
Use this Business Continuity Plan Template to submit your final assignment.
Check Your Evaluation Criteria
Before you submit your assignment, review the competencies below, which your instructor will use to evaluate your work. A good practice would be to use each competency as a self-check to confirm you have incorporated all of them. To view the complete grading rubric, click My Tools, select Assignments from the drop-down menu, and then click the project title.
· 1.4: Tailor communications to the audience.
· 2.3: Evaluate the information in a logical and organized manner to determine its value and relevance to the problem.
· 9.1: Continuity Planning and Implementation: Develop, implement, and maintain a business continuity plan, ensuring alignment with organizational goals and objectives.
Submission for Project 3: Business Continuity Plan
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You have been placed on a committee in your health care organization. The committee has to create a set of cost containment strategies that will positively impact (decrease) operating expenses. The committee is also challenged with increasing reimbursement.
Provide 5 cost-cutting strategies that the committee could recommend to the executive board.
Describe how these cuts will benefit patient care or business systems.
Provide 5 ideas on how to increase revenue or reimbursement. This answer can include short-term and long-term goals.
Describe how these revenue or reimbursement systems benefit patient care or the business systems.
Provide at least 4 references within the last five years that reinforce the strategies you have chosen. APA style with 5-6 pages not including title page and reference page
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Describe how these cuts will benefit patient care or business systems.
There needs to be a paper and a power point presentation. You may choose a different business but i have this for now _Huawei Technologies is the organization.
Major Case Analysis
The write-up is limited to 12-15 double-spaced pages, not including a title page and exhibits (include as appendices).
SELECTING AN ORGANIZATION – Huawei Technologies
Explore news/current events to locate a business that has a complex problem which needs to be addressed. The problem may be related to any business topic (i.e. accounting, marketing, legal, etc.).
It is suggested that you select a recent problem of a public company, which will ensure that you will have access to the information necessary to complete your project.
As you select an organizational problem for your class project, it is important that you select an organization that is interesting, possibly useful to you in your career, industry, or interests. An organization or industry you are interested in should give you better access to information.
USE THE 9-STEP CASE ANALYSIS PROCESS AS A GUIDE:
Skim the case to get an overview of the situation.
Read the case thoroughly to digest the facts.
Carefully Review information in exhibits.
Decide what the strategic issues are.
Begin your analysis with some number crunching.
Apply the concepts of strategic analysis.
Check out conflicting opinions
Support your opinions with reasons and evidence.
Develop recommendations and an action plan.
Your analysis and recommendations should be supported with high-quality evidence, including textbooks and peer-reviewed academic journal articles covering the appropriate topics that apply to your specific problem from the following list:
Accounting
Business Communications
Business Ethics
Business Finance
Business Integration and Strategic Management
Business Leadership
Economics
Global Dimensions of Business
Information Management Systems
Legal Environment of Business
Management
Marketing
Quantitative Research Techniques/Statistics
Major Case Analysis Presentation
The recommended length of the presentation is 8-10 slides with audio commentary included. The presentation must be appropriate to college-level work, demonstrate critical analysis of the case, and be free of spelling and grammar errors.
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One of the strengths of the United States as a nation is the prevalence of business. In the US, business is conducted much differently than in other countries. In high context cultures, you must be very careful with: the tone of your voice, facial expressions, gestures, posture and other non-verbal cues when meeting with other business people. It also helps to come from a well-known family and to have a strong title in your organization. These factors can make or break your career. In the US, these things are important to a small degree, but is greatly overshadowed by the “bottom line.” Here, business is more about direct speaking, money, and contracts. Businesses care about the value you offer them and the money they can make as opposed to your personal background and non-verbal communications. When comparing the two different models, do you believe the US model based on transactions, value, and money is superior or should other factors matter more? Do you think that it is accurate to classify US business as “cold, calculated and too dependent on lawyers and contracts?” Does this approach to business benefit you or hurt you in any way? Could the US benefit from a slightly higher context business environment where personal factors matter more? Why or why not?
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