What industry and business would you like to operate in?
Weekly Course Modules Midterm Module Midterm Module What to do this Week The week is dedicated to complete your Midterm Project. .M.i.s!.trm-.|3misgt. Project Description: In groups of two you will collaborate to create a unified document that will pull together your knowledge from the 1St half ofthe semester. Utilize the discussion board "I have a question" to pair up with a classmate. Tasks: Together with your team you have to decide what industry and business you would like to operate in. Then you will create a series of document related to that business and industry. The business has to be a new business that you create. It can be model after well know businesses if you choose. Final package: Your completed package will look as followed: Cover Page Table of content Business Description Industry Analysis Business ownership form Global Strategies Code of Ethics CSR position Business Description: Prepare a narrative description of the business you will embark in. Include an overview of the goods and services to be provided and give some evidence of the need for that business in the market. Prepare an analysis of the immediate external stakeholders. Industry Analysis: Identify the industry in which your business will operate. Describe the trends in the industry that make it appealing to you. Prepare an assessment of the Business Environment that will help your business grow as well as analysis of factors within those environments that may present some challenges. Business Ownership: Select an adequate form of Business ownership (explain why this is the most suitable form for you). Research the required process to establish such business ownership and justify your selection. Global Strategies: Identify a particular global market where you would like to expand operations to. Explain the factors that makes a viable market for your company. Describe and explain two strategies to reach this particular global market. Code of Ethics: Discuss with your team the ethical approach of your business and write a reflective sample code of ethics including at least 4 major areas (codes for personnel, Codes for the use of company property, Codes for Sustainability, etc.. ) CSR position: Consider the effects of your business in society and identify your particular stands on Corporate Social Responsibility. Describe your position and develop two CSR efforts in detail