2023 Module Overview In this module you will learn about the challenges entrepreneurs face when they consider going international You | Assignments Online

Module Overview

In this module, you will learn about the challenges entrepreneurs face when they consider going international. You will learn that different cultural aspects and language problems can have a strong impact on replicating the success achieved in a domestic environment in another, different business marketplace abroad.

Module Readings

Complete the following readings early in the module:

• Module overview
• Review any course readings that may help you complete the Modules assignments.
• From the Argosy University online library resources, read the following article:     
  • Bassi, L., & McMurrer, D. (2007). Maximizing your return on people. Harvard Business Review, 85(3), 115–123. (EBSCO Accession Number: 23927003) Retrieved from http://libproxy.edmc.edu/login?url=http://search.ebscohost.com/login.aspx?
    direct=true&db=bth&AN=23927003&site=ehost-live
  • Harnish, V. C., & Mahoney, M. A. (2006). A Step-by-step process to hiring. Retrieved from http://www.entrepreneurship.org/en/resource-center/a-stepbystep-process-to-hiring.aspx
  • Kesler, G., & Law, J. (1997). Implementing major change in the HR organization: The lessons of five companies. Human Resource PlanningSociety, 20(4), 26–38. (ProQuest Document ID: 224590980) Retrieved from http://search.proquest.com.libproxy.edmc.edu/docview/224590980?accountid=34899
  • Gutner, T. (2010). How to create a success culture. Retrieved from http://www.entrepreneur.com/article/217215
• From the Internet, read the following management/leadership success stories:     
  • Brewing Up a New Business Idea from a Coffee Castoff
  • Building a Business on Busy Schedules and Making Errands Pay
  • Entrepreneur’s Nonprofit Rolls Out a Nontraditional Shelter for the Homeless
  • How a B-School Networking Problem Became a $20 Million Opportunity

Conclusion

This Module concludes the capstone course, The Functional Contribution to Organizational Success (Capstone).

In this module, you will deliver the complete business plan in assignment two. You will submit the business plan as the LASA for this course Titled: Assignment 2 LASA: Business Plan. In the LASA, you need to include all information originally submitted in Modules 1, 2, 3, and 4, 

Assignments Titled: Business Plan Breakdown 1-The Choice of Business, Business Plan Breakdown 2-The Marketing Plan, Business Plan Breakdown 3-The Simplified Financial Plan and Business Plan Breakdown 4-The Operations Plan revise it, and complement with any missing information necessary to constitute the complete business plan.

You, at this point, are fully capable of translating your business ideas into real-world companies. You now possess the tools, concepts, and necessary skills to become an entrepreneur. It is time to dare and make your dreams come true!

Reference:

Whetten, D. A., & Cameron, K. S. (2011). Developing management skills (8th ed.). Upper Saddle River, NJ: Prentice Hall. 

 LASA: Working Ahead Section 

Working Ahead—Introduction to the LASA

In the last Module: Assignment: LASA: Business Plan, you will prepare a business plan on a specific project or initiative to be implemented in the business areas covered by your respective program of study: Master of Science in Organizational Leadership [MS_OL] 

In Modules 1, 2, 3, and 4, Assignments Titled: Business Plan Breakdown 1-The Choice of Business, Business Plan Breakdown 2-The Marketing Plan, Business Plan Breakdown 3-The Simplified Financial Plan and Business Plan Breakdown 4-The Operations Plan you will submit individual assignments that will be part of the final document that needs to be submitted as the course LASA.

The following items have to be an integral part of your submission in the last Module: Assignment: LASA: Business Plan

• Business description
• Marketing strategy and plan
• Financial plan
• Operations plan

Assignment Summary: 

Assignment: LASA: Business Plan

Instructions

As discussed in the LASA: Working Ahead section, you will prepare a business plan on a specific project or an initiative to be implemented in the business areas covered by your respective MS program of study: Master of Science in Organizational Leadership [MS_OL] 

In Modules 1, 2, 3, and 4, Assignments Titled: Business Plan Breakdown 1-The Choice of Business, Business Plan Breakdown 2-The Marketing Plan, Business Plan Breakdown 3-The Simplified Financial Plan and Business Plan Breakdown 4-The Operations Plan you submitted individual assignments that will be part of the final document. The final document needs to be submitted as the course LASA. In this module, you will consolidate all the information collected throughout the course, organize the information, and prepare your business plan. 

Tasks: 

Prepare a business plan in a Microsoft Word document with an accompanying Microsoft PowerPoint presentation containing the key points of your plan to serve as a presentation to a group of potential investors. The business plan should focus on a specific project or initiative to be implemented in the business areas covered by your respective MS program of study: Master of Science in Organizational Leadership [MS_OL] 

The Microsoft Word document (official plan) should have a minimum of 12 pages, and the presentation should be of 12–15 slides. 

The business plan for this initiative should include the following:

• Cover page
• Table of contents
• Executive summary: The executive summary should not be more than two pages and should include the following information:
  • Name of the venture
  • Business idea
  • Target market
  • Type of organization
  • Marketing and sales strategy
  • Key success factors
  • Short-and long-term business goals
  • Management skills and resources
  • Ownership
  • Sources and uses of funds
  • Summary of the financial projections
• Mission, vision, and culture
• Company description
• Opportunity or feasibility analysis
• Marketing strategy and plan
• Simplified financial analysis and projections
• Management and operations (including legal, risk, human resource management [HRM], ethics, etc.)

Note that you can use any business plan template as an aid for preparing the final document. At a minimum, the plan/presentation must include:

• Executive summary
• Mission, vision, and culture
• Company description
• Opportunity or feasibility analysis
• Marketing strategy and plan
• Simplified financial analysis and projections
• Management and operations (including legal, risk, human resource management [HRM], ethics, etc.)

Make sure to expand as necessary to ensure your audience can have a full understanding of your proposed plan. 

Submission Details:

• By Monday January 28, 2019,  save your business plan and your presentation and submit these to the Submissions Area.

 This LASA is worth 320 points. 

 

Turned-in on time, Grading criteria followed All assignment qualifications addressed correctly, Grading Criteria followed, Include Question followed by the answer  Reference Page Included Cover page Included, Paragraphs  Indented,  Running-head included, main heading should be centered; all  new  paragraphs should be indented;  paper should be right ragged,   not right justified; references,  should always go on a standalone  page. abstracts are not usually indented; acronyms should be spelled out when using them  for  the first time, for example HR. references as listed are APA  standard.   When you  submit your papers through turnitin.com, your overall  similarity  index  score should not be exceedingly high, with   ten to  fifteen percent  being  the maximum,  Please make sure your APA  formatting of citations. I have provided the  APA resource cite for you. https://owl.english.purdue.edu/owl/resource/560/01, Please work on using literature within the span of the last 5 years,  keep in mind there should not be any one, two, or three sentence  paragraphs 

Your response should be thorough and address all components of the discussion question in detail, include citations of all sources, where needed, according to the APA Style, and demonstrate accurate spelling, grammar, and punctuation

 

Assignment: LASA: Business Plan Grading Criteria & Maximum Points

Design an initiative that demonstrates the value-added contribution of a project using financial, economic, operational, and interpersonal measures of success CO: 1 MSM PO: 2, 4, 5 MS_HRM PO: 1,4,5 MS_OL PO: 1,4 ILO: 1, 3, 6 68points

Demonstrate such contribution of a specific project also meets any and all ethical and professional standards of the organization and the discipline CO: 2 MSM PO: 2, 3 MS_HRM PO: 2,4 MS_OL PO: 1, 2 ILO: 1, 3, 5, 6  72 points

Provide operational, financial, interpersonal, and ethical/professional legal guidance relevant to the project/initiative CO: 3 MSM PO: 3, 4, 5 MS_HRM PO: 2, 4, 5 MS_OL PO: 2, 4, 5 ILO: 1, 3, 5, 6 60 points

Provide a feasibility analysis of the project considering the human, technical, physical, and financial resources of the organization, including a sensitivity analysis addressing the primary assumptions made in choosing the course of action CO: 4 MSM 60 points

Demonstrate the short- and long-term feasibility of the project, including an analysis of the leadership of the operating unit and provide a communication framework to “sell” this project. CO: 5 MSM PO: 1, 2, 4, 5 MS_HRM PO: 1,3, 4, ,5, 6 MS_OL PO: 1, 60 points

Total: 320 points

Instructor Comments and Reviews from previously completed assignments: Business Plan Breakdown 1-  

I enjoyed your paper, about fast food in Singapore. Your explanation of the initiative is clear, but let’s go deeper into what the food is – is your focus hamburgers, salads, fishnchips, etc…. Your plan does provide specificity in terms of mission, core believes and culture, and the social responsibility commitment, where applicable. Go deeper with your research methods identified are appropriate to assess the feasibility of the opportunity. I want to see a deeper analysis that addresses industry trends, environmental trends, the target audience, and other competition. As to your writing: I reviewed your work against the GRADING RUBIC. First I looked that you went to the AUO library to find a minimum of three academic peer-reviewed scholarly journal articles. Should you ever need help getting what you need in the library don’t forget our great librarians. I’ve always found them fast and friendly when I’ve used them myself. Be sure that ALL opinions are backed up with the experts. Research academic articles in the library. Have stronger ties to your textbook. I want to see you use the weekly theories and concepts in each assignment. Watching writing. You need to have strong intro, body, conclusion not only for your paper but for each paragraph. Remember as per posted policy I do not want other people’s words so no quotes. You’re your source, close it, reword it, and cite. Lastly: Watch mechanics

Business Plan Breakdown-2  EXCELLENT work, I enjoyed reading  the second milestone of your business plan—the marketing plan based on your research and what you have learned in the program. While you had good sources, make sure that all opinions are backed up with the experts. Strengthen those ties to readings and sources. Strengthen your overall attribution. This adds strength to your CONTENT when you do. Two areas that I saw you needed to go deeper on were: Develop and detail a pricing strategy you will use. Describe the promotion plan you will implement.  Please carefully review the GRADING RUBRIC … 

Business Plan Breakdown-3  Job well done with your module 3 paper. I can see much effort went into your analysis. To strengthen content please go deeper with ROI calculations. Don’t forget that a financial plan will be a narrative with tables and charts in an appendix.  Your ERM model could have been more detailed. Check out http://www.idc.com/downloads/ERM_Maturity411.jpg. You should also go deeper with Total Cost of Ownership (TCO) calculations and have stronger alignment with ERM, TCO,and ROI. Precision and mechanical aspects of your writing were strong. Keep up the good work and as always, if you have any questions after reviewing your personalize rubric please ask. I’m here for you and ALWAYS happy to clarify and help.