NOTE: Your writing proficiency in your responses to all three questions will be evaluated as a measure of your professional communication. Responses must demonstrate your ability to synthesize information appropriate to each business situation, and presented in a clear, concise, and organized manner. Supporting evidence must be drawn from reliable sources in the literature and referenced using accurate APA Style. Include a Title Page with your Exam ID number (no names).
Start a new page for each question (i.e., questions 1, 2 or 3). Sub-questions (i.e., parts a, b, c, d) can begin on the same page as the last sub-question completed).
Provide an introductory statement to each question and summarize briefly the main points of the response in the conclusion.
Use proper writing skills including: mechanics, usage, grammar, and spelling.
Make sure to apply APA style conventions for citations, quotations, references, headings, spacing, etc.
Include an APA formatted reference page(s) at the end of your exam. (It is not necessary to include a separate reference page at the end of each question.)
- Provides a comprehensive evaluation of key issues and trends caused by economic globalization. Analyzes the business and financial impacts and recommends feasible and strategic solutions that leverage the trends to meet sustained business success.
- Analyzes and prioritizes needs of diverse stakeholders from a personal, social and corporate perspective. Evaluates business situations to recommend feasible, ethical, and legal actions.
- Synthesizes and clearly expresses the complexities in a given business problem in a clear, concise, and logical manner. Reflection, application, and analysis of business concepts are presented in a succinct, systematic, and thorough manner well supported by sound evidence and current research.
- Comprehensive and extensive review of the literature from a variety of appropriate sources, extracting the important information and applying it in an in-depth response to the business problem. Comprehensively analyzes a business problem by gathering and assessing relevant information, diagnosing underlying causes, considering and evaluating possible alternatives, and determining and defending an appropriate, well-reasoned solution or course of action. Decisions show a high level of cultural sensitivity.
Question #1-Strategic Thinking (Rubric Items: 1, 3 and 4)
Business organizations come in all shapes and sizes as well as legal structures. Normally the strategic purposes for the business organizations are defined in their legal structures and policies. What are the elements of fully stated general large corporate missions, according to the literature on strategy formulation and implementation? Once you have the proper template of a full mission statement developed from the literature, analyze the vision, mission and values of C-Corps, S-Corps and B-Corps in a contrast-comparison among the three. All three of these business organizations must balance profit optimization with ethical business practices. So, in your analysis describe and explain the challenges and facilitators of each type of legal corporation as listed above. Then, decide on which type of corporation might be established to perform best in achieving the dual purposes of stockholder equity and stakeholder fiduciary duties. Please explain your decision and support it in solid peer-reviewed and relevant industry research.
Question #2-Divergent Thinking (Rubric Items: 1, 2, 3 and 4)
In financial management, marketing management and operations management, ethical challenges exist faced by their respective professionals in doing business in a global organization. Choose from your DBA core one of the functional management disciplines listed above, and then analyze the top five ethical challenges faced by those professionals and how they assure they can perform properly in a highly diverse and full-globalized organization. Provide a real, recent example for such an organization from industry journals and trade magazines. Identify all affected stakeholders and their claims on the organization and how those claims may challenge the global organization to perform ethically. Suggest preferred courses of action. Use theories and concepts from the academic literature to support your recommendations.
Question #3-Informed Decision Making (Rubric Items: 1, 3 and 4)
Identify and describe an American company of your choice that has taken a considerable loss in market share in a slow growth market sector. The company must regroup and engage in a retrenchment strategy that may or may not include possible divestiture, spinoff, selected bankruptcy and/or liquidation. Given its recent strategic actions that landed the organization in a non-competitive position, given that it is cash poor and given that the company stock has lost about 20% of its value, identify the decision process it should go through to re-establish a competitive position in the market and regain its original stock value. Specifically, what strategy assessment tools might you use to determine its market position and its strengths, weaknesses, opportunities and threats, and what tools would you use to decide on a new strategic direction? Please use those tools to assess the organization’s situation and choices for growth going forward. Use theories and concepts from the academic literature to support your recommendations for the organization’s new strategic plan.