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Discuss your selected Key ‘Financial Markets, Monetary Systems, and Regional Economic Integration’ term. You should explain why you are interested in the term, an explanation of the term, a summary of the germane current literature, and specifically how this relates to Financial Markets, Monetary Systems, and Regional Economic Integration. (700 – 900) words thread must be placed in the Discussion textbox and adhere precisely to the following headings and format:

  1. Key Term and Why You Are Interested in It (100 words minimum)

After reading the textbook, specifically state why you are interested in conducting further research on this key term (e.g., academic curiosity, application to a current issue related to employment, or any other professional rationale). Include a substantive reason, not simply a phrase.

  1. Explanation of the Key Term (100 words minimum)

Provide a clear and concise overview of the essentials relevant to understanding this key term.

  1. Major Article Summary (200 words minimum)

Using your own words, provide a clear and concise summary of the article, including the major points and conclusions.

  1. Discussion

In your own words, discuss each of the following points:

  1. How the cited work relates to your above explanation AND how it relates specifically to the content of the assigned module. This part of your thread provides evidence that you have extended your understanding of this key term beyond the textbook readings. (200 words minimum)
  2. How the cited work relates to the other 4 works you researched. This part of your thread provides evidence that you have refined your research key term to a coherent and specialized aspect of the key term, rather than a random selection of works on the key term. The idea here is to prove that you have focused your research and that all works cited are related in some manner to each other rather than simply a collection of the first 5 results from your Internet search. (200 words minimum)
  1. References

A minimum of 3 recent articles (as described above), in current APA format, must be included and must contain persistent links so others may have instant access. In the event that formatting is lost or corrupted when submitting the thread, attach the Microsoft Word document to your thread as evidence that your work was completed in the proper format. Please see the appropriate instruction link in the Discussion Assignment Resources for more information on creating persistent links.

 
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The Business Plan Project

The Business Plan must include the following topics. Various Business Plans organize this information in different orders but this content must be included. Choose an outline, which effectively builds the argument that this project is viable and has an acceptable risk.

Introduction

History of the Company

  • Company Description
  • Type of Business and Legal Structure, e.g., Partnership, sole proprietorship
  • Vision and Mission statements
  • Core Values
  • Organizational structure (Departments & Hierarchy)
  • Management and Ownership
  • Board of directors and Rationale for Members
  • Management staff structure
  • Key managers

MANAGEMENT POINTS

  • Types of managers
  • Roles of manager
  • Types of plans
  • Cultural type MBO or Traditional
  • Weak or strong culture
  • Omnipotent or Symbolic
    • Work specialization
    • Departmentalization
    • Chain of command
    • Span of control
    • Centralization and decentralization
    • Formalization
    • What they are doing about Social Responsibility

Strategic Plan

  • External Assessment/Environmental Scanning
  • Do a PESTEL analysis (Political, Environmental, Social, Technological, Economic, and Legal). How these factors will impact the selected company in an encouraging and discouraging manner?
  • Present a SWOT (Strengths, Weakness, Opportunities, and Threats) analysis.

Human Resources Plan

  • A brief organizational chart of the business
  • Employee Recruitment and Selection criteria
  • Who does what, with a brief job description of each position KSA TDR anyone position.
  • Information on your employee training program (If applicable)
  • Compensation and benefits
  • Performance appraisal.

 
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Read through the case study.

The Holiday Inn is a 40-unit chalets, no-frills operation in the less scenic part of a major Langkawi town. The owner, Mrs Hasimah, firmly believes that there is a need for his style of low-cost family accommodation amid the luxury and beauty of the area. Her rooms are large, family-style rooms (there is no television, for example). Although there is plenty of room for future expansion, the grounds are fairly bare with a bit of landscaping, but mostly grass.

Mrs. Hasimah can serve breakfast to the rooms and provides tea-making facilities. There are now a lot of good restaurants and take-aways in the area. Mrs. Hasimah’s prices are less than half of what similar motels charge and only a fraction of what the big five-star properties are charging. And, really, she isn’t all that far away from the beach, shops and other attractions.

The problem is occupancy. She has some regulars who come every holiday period (and have been doing so for the four years she has owned the property). Overall, occupancy is about 50% year round and she knows from the local tourist office that the other properties average around 68% occupancy year round. New developments could mean trouble. This lack of occupancy can be quite frustrating for Mrs. Hasimah. Cars pull in, drive around the parking areas, and then drive away.

Currently Mrs. Hasimah does very little advertising in local district guides and the holiday papers, mainly because she really thinks word-of-mouth is the best form of advertising. She is a member of the local tourist committee, but too busy to go to meetings. However, she does receive the local statistics and knows the average stay in the area is 4 nights, and that local families and couples and increasingly overseas visitors are her potential customers.

She’s not desperate yet, but she’s getting worried and disillusioned. She thought she would be overrun with guests, but that hasn’t happened.

From the case study, write down all possible risks that you can identify in relation to Holiday Inn. Identify the risk factors. Can you categorize the risks? What are the sources of risks? What are the consequences from the identified risks?

 
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BUSINESS ORGANIZATION AND BUSINESS TORT
Building on your Module 1 SLP, suppose that Stacy’s mail-order, gluten-free, blueberry muffin business has begun to grow. After signing the contract with Woody, Stacy felt more secure in her supply of blueberries. She decided to take on the title of “CEO” of her business and she now has two employees, friends from a book club where she used to bring her muffins.
Stacy is concerned that, now that her business is rapidly growing, that she may face problems of potential lawsuits and liability. She has asked you to recommend a formal legal structure for her business.
Carefully review the background materials on business organization and tort law. Then, write a 2- to 3-page paper discussing what potential liability risks Stacy faces and the kind of legal structure Stacy should adopt. Specific issues to be covered in this paper include:
What kind of liability might Stacy’s business face? Refer to the required background readings on business torts and products liability in your answer.


 
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