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Homework: Telling the “Strategy Story”
Title: Capstone: Strategic Management (3 units)
“Inside an organization there are only cost centers. The only profit center is the customer whose check has not bounced.”
—Peter Drucker (1909-2005)
Goal:
I want you to practice telling the “story of a strategy” for a firm or organization in a brief narrative using the theories, models, and frameworks from class. No single article on any subject can ever be complete. You’ll need to make assumptions and speculate as appropriate. In some cases, drawing analogies from your own experience may be helpful.
Objective:
Find an article on a current event that you believe is an example of an organization’s strategy. Choose an article on a subject for which you have a deep, abiding interest. A passion for the subject matter and context is crucial for actionable strategic thinking.
The source of the article must be from one of the following sources: Los Angeles Times (business section), New York Times (business section), Wall Street Journal, The London Times (business section), The Economist, Fortune, Forbes, or Barron’s magazine. The article must be at least 500 words in length. For this exercise, “current event” is defined as “since you have been enrolled in college.”
Do not select an article that is an assigned reading for class, such as an article listed in the “Library Materials”. Also, if you study with a teammate, each person should choose a different article on a different company.
Print out the article in its entirety. On a separate sheet, answer the following questions. Staple your answers and the article together (with your answers on top), so that you can turn in this bundle as a single unit.
To make it simple, just use a single paragraph to answer each of the following questions. Additionally, just label each paragraph with the relevant question number, such as “Q1”.
Q1. Why did you select this article? That is, what is its visceral appeal to you?
Q2. Identify the central organization in the article. To be clear: an organization is larger than a single individual, but smaller than an industry or an entire society. In some cases, an organizational unit within a larger organization is specifically identified in the article.
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Q3. Briefly summarize a key strategic issue in your article. Also, is the strategic issue chiefly at the business-level (“the core business model”), the product-level (“key goods or services”) or a functional-level (“crucial internal processes”)?
Q4. How do you know this issue is truly strategic? That is, how do you know that the issue is long-term in nature, is organization-wide in scope, and requires substantive change in working capital and/or labor behavior on the part of many individuals?
Q5. Strategy is always “all-inclusive.” Are there any elements from your prior lower- division class study (i.e., Principles of Financial Accounting, Principles of Managerial Accounting, Principles of Micro-Economics, Principles of Macro- Economics, Business Statistics, Business Law) that you think are relevant to understanding this strategic issue? Explain.
Q6. As in Q5, strategy is always “all-inclusive”; that is, we use all skills, knowledge, and abilities at our disposal. Are there any elements from your prior upper- division class study (i.e., FIN 303, SOM 306, MGT 360, MKT 304) that you think are relevant to understanding this strategic issue? Explain.
Q7. Which specific element(s) (e.g., ideas, concepts, theories, models, frameworks, etc.) on strategy from the textbook (i.e., Chapters 1, 2, or 3) do you think best explains or predicts an organizational outcome associated with this strategic issue?
Q8. Draw a strong analogy from your current event article to one of the assigned Library articles from class.
Q9. Which of the two strategic measurement frameworks (Drucker’s 15 Principles or Balanced Scorecard) discussed in class would you suggest be used to evaluate the success (or failure) of the strategic issue? Explain your answer.
Q10. Do you believe that somewhere in the firm’s addressing of this strategic issue that the strategic vision, strategic mission, or values of the organization is likely to change? Explain your answer.
Length:
This essay is to be no less than two full pages in length and no more than four full pages in length. Other relevant formatting requirements (“style guide”) are linked from the course web page. Recall also that for all written assignments in this course, 10% is deducted from the content score for each type of error in language use.
Performance Measurement:
The maximum number of points for content on this exercise is 1 (engagement and commitment points).
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The COVID pandemic has disrupted many aspects of our lives and there was controversy during the November 2020 elections over the increased use of mail in voting. Some voters were reluctant to vote in person and social distancing precautions may increased the wait time for voters that did. Voting by mail was proposed as a possible solution. Many states allow for all voters to vote by mail or at least allow some of their citizens to vote by mail if they are elderly, disabled, or will be out of the area during the voting period.
President Trump, among others, rejected calls to allow for nationwide mail in voting during the pandemic due to concerns over potential voter fraud. Proponents of voting by mail argue that this system does not experience common or significant levels of voter fraud.
Read the following article as a starting point, perform your own research, and arrive at a position. Should a national voting by mail system be used for future elections? What role could Congress and the Federal Courts play in this debate?
https://www.npr.org/2020/06/04/864899178/why-is-voting-by-mail-suddenly-controversial-heres-what-you-need-to-know

Through researching via the internet identify the most important trend facing hospitality management in the next 5-10 years. (Could be switch to more technology and machines, or popularity of “environmentally friendly” business)

After identifying the trend analyze the best response to it.
4 pages double spaced not including cover page and Bibliography.
Separate bibliography and all done in APA style
At least 2 credible sources per trend and challenge.

This assignment comprises a paper in report style (Headings and subheadings).
It MUST incorporate aspects of the concepts of Food and Beverage Management (!!!)

Format:
1. Cover page
2. An executive summary of the report
The following pages must have headings and subheadings for the various parts of the report

2. A discussion describing the trend
Thoroughly describe a current trend in the Hospitality industry ending with a conclusion.

3. A justification for its importance
Thoroughly justify why this is such ending with a conclusion an important trend ending with a conclusion.

4. Response to Trend
Definitive conclusion regarding the trend discussed ending with a conclusion

DISCUSSION
1) What was unique or not about the ancient world? Cite examples from the reading, learning and video materials in your response.
ADDITIONAL READING
1) Ancient Timeline: https://www.ancient.eu/timeline/ancient/
2) Ancient World and Classical Age: https://www.preceden.com/timelines/219456-ancient-world-and-classical-age–from-3000-bce—500-ce-
3) Overview of Ancient Civilizations: Overview of Ancient Civilization.pdf
4) Ancient World History Museums: http://www.ancient-world.org/early_civilizations.htm
VIDEO
1) History of the World in one movie: https://www.youtube.com/watch?v=BsDFQ0kFiLk
2) The Hidden History of Humanity: https://www.youtube.com/watch?v=GbWMw249xY8
3) The History of the World; Every Year: https://www.youtube.com/watch?v=-6Wu0Q7x5D0

For this assignment, you are required to write a case study report of 1,500 (+/-10%) words based on an ethical dilemma within the hotel or hospitality industry.
The dilemma should be within a recent contemporary global business context and taken from a media source (newspaper article, blog, advertisement).

This is possible websites where to take the case study
http://businessethicscases.blogspot.com
https://www.abc.net.au/4corners/

problem solving and calculations are needed for this accounting problem

All Accounting transactions must be completed for the customer below (see attached for complete assignment)
a) Customer
Rachel Rodriguez – Enterprise
Solutions Incorporated
b) background
Rachel Rodriguez was a very inquisitive child growing up.
She was a great student in school and always asked a lot of questions. While
growing up she was a typical American girl and enjoyed cheerleading, soccer and
volleyball. But once Rachel was given a computer for her 13th
birthday she fascinated with electronics. She like everyone else enjoyed
playing on the computer but her curiosity went a little further. She opened up
her computer to see how it actually worked. She opened up her laptop, computer
and cellphone to see how the electronics worked on the inside. Her parents were
frustrated at first, but when they saw her interest was in how they worked and
not just being mischievous, they encouraged her in electronics.

Rachel enrolled in a computer class in high school and
became certified in Microsoft Office. During her summers while she was in high
school, Rachel worked for a local computer store in the small town they lived near.
While she was just the receptionist and provided customer service, when it was
slow the owner would teach her about how a computer worked. When it came time
to apply for college, Rachel knew what she wanted to major in computer science
at the University of Maryland. Her long term desire was to own her own computer
consulting business and help clients set up their computer networks and all
their computer needs.

After earning undergraduate degree, Rachel got a job a local
bank as an IT troubleshooter. She learn a lot but still wanted to own her own
business. So after five years at the local bank, Rachel began her own computer
consulting business. While doing computer consulting for the past five years
has been successful, many of the company’s clients wanted to purchase the
computer equipment from the business as well. So recently Rachel’s Enterprise
Solutions has begun offering computer equipment as well as consulting services.
So now Rachel’s Enterprise Solutions offers computer consulting and computer
equipment to small businesses. (Hint-remember you will record these two
revenues differently because one is a service and one is merchandise!)

After several years of running a successful small business
Rachel’s Enterprise Solutions has the following balance sheet shown below.
Rachel did not get an MBA so she does not know how to do that much accounting.
She has found out that you recently graduated from the Regent University School
of Business and Leadership with your MBA. She believes that you have enough
experience to help her with her accounting for a few months.

c) transactions attached

d) Required accounting statements below

1. Complete journal entries for each of the
transactions. The numbers in the journal entries can be rounded to the nearest
dollar.

2. Develop a trial balance for Rachel’s
Enterprise Solutions as of March 31, 2021.

3. Develop a single income statement representing
January through March in good form for Rachel’s Enterprise Solutions for the
first three months of 2021. Federal Income Tax Rate is 21%.

3. Develop a single statement of retained
earnings in good form as of March 31, 2021 for Rachel’s Enterprise Solutions.

4. Develop a balance sheet in good form as of
March 31, 2021 for Rachel’s Enterprise Solutions.

5. Provide one comment based on your analysis
after you complete the financial statements to Rachel’s Enterprise Solutions.
Do not forget to include a ratio to support your comment, recommendation or
analysis!

DISCUSSION BOARD #1

· Select a well-known company with which you have some
familiarity (specify the type of industry). Choose between Coca-Cola, Nike,
or Cover Girl Makeup. I figured I could give you the option to choose depending
on how much material/articles you can find.
· The contemporary management technique you will be writing
about is Theory of Constraints.
· Assume that the company you choose, is NOT using Theory of Constraints
as a management technique. Why and how do you feel that theory of constraints would
be a positive force in helping the company achieve its critical success
factors?
· 550 words in APA format
· Use at least 3 professional accounting/business journal
articles

You are to write a 2-3 page( Double Spaced) reaction paper. You do not need a cover page but your paper should be double spaced. Cite your work at sentence level, grammar and spell checked your work. Please ensure you have a reference page.

Turnitin score must be 30 or lower. Any paper with a higher then 30 turnitin score will not be accepted.

Prompt: What are some of the issues the United States faces in keeping peace both within the United States and internationally? Describe in detail.

Assignment one should quote, cite and contain three sources in an MLA style Works Cited and be three pages. The paper should be three pages and analyze two works of literature or poetry about war or plague. Use works by Poe, Seamus Heaney, Colum McCann, Brian Turner or any of the works in “Getting Started,” “Learning Unit 1,” or the course textbook section on “War” (pages 1291 and 1301) in The Literary Experience, which is our course textbook. Some of the textbook poets on war include: Richard Eberhart, Edgar Guest, Newbolt, Melville, e.e. cummings, Wilfred Owens and Anne Sexton and Carl Sandburg. The three page essay should include three sources in MLA style. It should analyze the main idea or concept of that poem. All essays should also include an explanation of which particular war and time period the literature is referencing. The essay may discuss a theme of war or plague, or compare what the literature is says about plague or war as different or related. Save in rtf , pdf, or docx format and turn in to the assignment drop box
You will find this assignment in Learning Unit one under the assignment section of the homepage in the “Course Menu.”
Include an MLA style Works Cited.

https://time.com/5829556/colum-mccann-coronavirus-teach-us-change/

Quoting and paraphrasing is
important in this assignment. Remember the rules about quoting that we have discussed so far
in this course: integrate and contextualize quotes, and make sure that your quotes are adequately
analyzed and explained.
double-space your assignment and have standard (2.54 cm or 1 inch)
margins. No title page please. Times New Roman font.
3-4 pages