Solution-Discuss how the government regulations affect

Discuss how the government regulations affect

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Reference no: EM131223717 , Length:

Using the company your Instructor approved from week 1 assignment, complete the following:

1. Identify the company's domestic environment and discuss how the government regulations affect its domestic environment it must operate in.

2. Identify a global environment for the company and discuss how the government regulations affect its global environment it must operate in.

3. Identify the hard and soft technology and interpret the characteristics the company should have/use to be successful in its domestic and global environment.

4. Identify the political-legal barriers for the company in both the domestic and global environments. Use business theory/theorists to illustrate how the company can operate successfully in its domestic and global environment.

5. Identify, compare, and contrast sociocultural factors of the domestic and global environments of the company.

6. Compare and contrast two economic theories for both the domestic and global environments of the company.

7. Develop a strategy of success based on your evaluation of steps 1-6 by assessing what you've learned through your research and readings and compare what the company has been doing to what you recommend they should be doing. You cannot state that you would not change anything.

8. You must incorporate critical thinking (see resources below).

9. Research requirement: minimum 5 scholarly sources PLUS the text/readings and Geert Hofstede. SEE BELOW RESOURCES

10. Page requirement: 5 pages in APA format (does not count cover page and reference page).

11. Assignment MUST be submitted to turnitin.com and here (see turnitin.com forum for more important information).

Readings based on your chosen environment to discuss; you are not limited to the below:

Sociocultural:

1. Geert Hofstede: https://geert-hofstede.com/

Economic:

2. Rostow's Economic Development: https://www.nvcc.edu/home/nvfordc/econdev/introduction/stages.html

3. Galbraith and Economics: https://economistsview.typepad.com/economistsview/2006/04/john_kenneth_ga.html

4. The Leontief Paradox: https://www2.econ.iastate.edu/classes/econ355/choi/leo.htm

Domestic:

5. Michael Porter's Five Forces Model: https://www.businessballs.com/portersfiveforcesofcompetition.htm

Global:
6. Global Agricultural Marketing Management: https://www.fao.org/docrep/W5973E/w5973e00.htm#Contents

7. Platzek, B. P., Winzker, D., & Pretorius, L. (2011, January). Global business environment: Holistic intrapreneurship. SCMS Journal of Indian Management, 8(1), 96-114 located in BUSN310 campus guide.

8. Elekdag, S. (2008). How does the global economic environment influence the demand for IMF resources? IMF Staff Papers, 55(4), 624-653. doi:10.1057/imfsp.2008.4 located in BUSN310 campus guide.

Using the company your Instructor approved from week 1 assignment, complete the following:

1. Identify the company's domestic environment and discuss how the government regulations affect its domestic environment it must operate in.

2. Identify a global environment for the company and discuss how the government regulations affect its global environment it must operate in.

3. Identify the hard and soft technology and interpret the characteristics the company should have/use to be successful in its domestic and global environment.

4. Identify the political-legal barriers for the company in both the domestic and global environments. Use business theory/theorists to illustrate how the company can operate successfully in its domestic and global environment.

5. Identify, compare, and contrast sociocultural factors of the domestic and global environments of the company.

6. Compare and contrast two economic theories for both the domestic and global environments of the company.

7. Develop a strategy of success based on your evaluation of steps 1-6 by assessing what you've learned through your research and readings and compare what the company has been doing to what you recommend they should be doing. You cannot state that you would not change anything.

8. You must incorporate critical thinking (see resources below).

9. Research requirement: minimum 5 scholarly sources PLUS the text/readings and Geert Hofstede. SEE BELOW RESOURCES

10. Page requirement: 5 pages in APA format (does not count cover page and reference page).

11. Assignment MUST be submitted to turnitin.com and here (see turnitin.com forum for more important information).

Readings based on your chosen environment to discuss; you are not limited to the below:

Sociocultural:

1. Geert Hofstede: https://geert-hofstede.com/

Economic:

2. Rostow's Economic Development: https://www.nvcc.edu/home/nvfordc/econdev/introduction/stages.html

3. Galbraith and Economics: https://economistsview.typepad.com/economistsview/2006/04/john_kenneth_ga.html

4. The Leontief Paradox: https://www2.econ.iastate.edu/classes/econ355/choi/leo.htm

Domestic:

5. Michael Porter's Five Forces Model: https://www.businessballs.com/portersfiveforcesofcompetition.htm

Global:
6. Global Agricultural Marketing Management: https://www.fao.org/docrep/W5973E/w5973e00.htm#Contents

7. Platzek, B. P., Winzker, D., & Pretorius, L. (2011, January). Global business environment: Holistic intrapreneurship. SCMS Journal of Indian Management, 8(1), 96-114 located in BUSN310 campus guide.

8. Elekdag, S. (2008). How does the global economic environment influence the demand for IMF resources? IMF Staff Papers, 55(4), 624-653. doi:10.1057/imfsp.2008.4 located in BUSN310 campus guide.Technology:

9. Goedhuys, M., Janz, N., & Mohnen, P. (2008, June). What drives productivity in Tanzanian manufacturing firms: technology or business environment? European Journal of Development Research, 20(2), 199-218. doi:10.1080/09578810802060785 located in BUSN310 campus guide.

Political/Legal

10. Wu, Q. (2007, November). The making of a market economy in China: Transformation of government regulation of market development. European Law Journal, 13(6), 750-771. doi:10.1111/j.1468-0386.2007.00394.x located in

Verified Expert

This paper explores the various domestic and global aspects of regulations and how an organization is impacted by them. It also discusses Geert Hofsted’s opinion on what values an organization needs to follow to cope up with the challenges and be successful despite all socio- cultural and political odds. This paper tries to understand how options like adapting to socio-cultural environment, focus on providing better facilities to passengers might be reconsidered to improve profitability for Frontier Airlines

Reference no: EM131223717

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Reviews

inf1223717

10/19/2016 7:13:46 AM

I got my work before 5 days of deadline how cool it is. thanks i have reviewed it already and satisfied with the quality of the work. this is my second assignment which is continues part of last week, i will some more assignments related to this topic, so please keep free this expert for the same. thanks. good bye

inf1223717

10/19/2016 7:12:00 AM

What do Business Theorists Say About the Globalization? Globalization has been a hot topic among economic and business theorists for decades. We could discuss many of them, they are easy to find by simply Googling Business Theorists on Globalization. A personal favorite is W. Edwards Deming, who was very involved in remaking the Japanese economy for many years after WWII when it had been virtually destroyed. Japan at the time and before the war was known for making cheap knockoffs of other (mostly American) products and what is often referred to as “trinkets”. Deming saw there was little future in pursuing this economic model for rebuilding Japan. He noted that Japan lacked natural resources and land, but did have an industrious and relatively well-educated workforce. Deming created new manufacturing processes around the idea of statistical quality control, self-directed work teams, continuous improvement and other concepts (i.e. TQM and Sigma 7) still used in Japanese as well as American manufacturing today.

inf1223717

10/19/2016 7:11:44 AM

The Global Environment This week we are looking at our "Best" and “Worst” companies in light of the Global Environment. The global environment has been invigorated by the internet and global communications, increases in consumer income, appeal of US culture and products, especially to young consumers, and other forces. Virtually all big multinational US companies have a global strategy/presence, some modest, some extremely ambitious. These companies have decades of experience doing business in well-developed markets like Western and Eastern Europe and Russia, and are now placing big bets in emerging markets, most notably in China. Most small to medium sized US enterprises are also thinking globally, but many lack the resources (both capital and expertise) required to move into global markets very quickly.

inf1223717

10/19/2016 7:11:12 AM

I tried to do this assignment but my professor has some queries so please i want your expert's help comments are as, Please correct the due date for this assignment. The name of the company for this assignment is "Frontier Airlines Company. Also, please have the expert include some of the resources listed on the instructions. some lessons : What Do We Mean by the “Domestic Environment”? Most of you will choose US-based companies as the focus of your Week 2 analyses, although this is not a requirement. So in simplest terms the “Domestic Environment” is the country where your selected companies are headquartered. For purposes of this course, discussion of the Domestic Environment will focus on the most important government regulations effecting your chosen companies’ business operations. In addition, we’ll consider demographic trends, consumer trends, and business trends such as outsourcing,

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