Assignment: Discussion—Economic Systems, Comparative Advantage

Module Readings and Assignment:

Complete the following readings early in the module:

•Module online lectures

•From the textbook, International business: The challenges of globalization, 8th, please read the following: ◦Emerging Markets & Development ◦International Trade Theory

Module Overview:

Fundamental to understanding global business is knowledge of the types of economic systems in which countries operate. Economies can be quickly and easily characterized into three main types: communism, socialism or capitalism which are also referred to as centrally planned, mixed, and free market economies. The primary differences among these types of economies are in the behaviors and attitudes towards ownership of property and the planning techniques employed by the government. In a centrally planned economy, the government owns most or all of the resources of production and plans the production of consumer and other products goods and services. In a free market economy, the ownership of resources is in the hands of private individuals or organizations, taking forms such as partnerships or corporations. The choice of production of goods and services in this system is determined through market forces, that is, the interaction between price, demand, and supply.

Assignment: Discussion—Economic Systems, Comparative Advantage

An international business must understand the economic system embraced by the host country and its implications. Moreover, there are powerful economic arguments in support of international trade and they provide a useful perspective on international business.

Research economic systems using your textbook, Argosy University online library resources, and the Internet. Respond to the following:

•Which economic systems would be most suitable for a country: centrally planned, mixed economy, or market economy?  Since Canada is the #1 trading partner with the USA, focus specifically on Canada. Research Canada’s mixed economy and comparing it to the American economy covering any comparative advantages of Canada. State any assumptions you make and give reasons for your position.

By Friday July 13, 2018 submit your assignment to the appropriate Discussion Area.

Write your initial response in 300–500 words. 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.

Do the following when responding: 

•Read your answers.

•Provide substantive comments by ◦contributing new, relevant information from course readings, Web sites, or other sources; ◦building on the remarks or questions; or ◦sharing practical examples of key concepts from your professional or personal experiences

•Respond to feedback on your posting and provide feedback to ideas.

•Make sure your writing ◦is clear, concise, and organized; ◦demonstrates ethical scholarship in accurate representation and attribution of sources; and ◦displays accurate spelling, grammar, and punctuation.

Grading Criteria:

Quality of initial posting, including fulfillment of assignment instructions    Reference to supporting readings and other materials Language and grammar

Comparing Leadership Models Power Point Presentation

Purpose of Assignment

The purpose of this assignment is to provide the student with an opportunity to understand and analyze the Universal Model of Leadership in the text, and compare it to one other model to see the similarities and differences.

Assignment Steps

Create a 10- to 12-slide PowerPoint® presentation to compare the Universal Model of Leadership in Mastering Leadership to one other leadership model.

Include the following:

Include a graphic to compare and contrast those two models, noting similarities and differences.

Develop your conclusions regarding the significance of those models in business. How might they apply?

Include detailed speaker notes, supporting citations, and references.

Format your assignment consistent with APA guidelines.

Week 5 – Final Paper Creating a Logistics Plan for International Transport and Warehousing of Goods

Strategic Logistics Management, Inc. (SLM) is a U.S.-based third party company whose primary business is to deliver logistics services. Currently, SLM manages several warehouses in Los Angeles and the New York/New Jersey area. SLM provides expertise in air and ocean shipping, customs clearance, forwarding, warehousing, and ground transportation. Over the past five years, SLM has built a successful logistics information system (LIS) that includes personnel, equipment, and technology. The decision-support systems included in the LIS are a transportation management system (TMS) and a warehouse management system (WMS).

SLM employs experienced personnel in the United States to handle a wide range of logistics activities and provide customized logistics solutions and services. The company is considering expanding their global operations to provide the same range of services in Australia, including:

  • Imports: A network of offices and trade connections to support import consolidation, provide warehousing of goods prior to customs clearance, and manage import documentation for customs formalities.
  • Door-to-door services: Cargo pickup from supplier locations and transportation of goods directly to the customer, as well as freight bookings with airlines and ocean lines to handle cargo exports from both the United States and Australia.
  • Exports: Handling of various types of cargo exports by ocean and by air, ensuring the timely movement of goods at the most competitive rates. Complete export documentation is provided.

SLM is working to secure two contracts in Australia that will go into effect next year. The first contract is with Greer Wire Company in Melbourne, Australia, to transport two million pounds of stainless steel brushfire mesh used in protecting homes in brushfire prone areas. This cargo will be shipped to Los Angeles, California. The stainless steel wire mesh is supplied in five-meter rolls with an outside diameter of 500 mm, and each roll weighs 50 kg.

The second contract is with Brooks Brothers, a clothing company located in New York City, for warehousing and transportation of clothing in various sizes of cardboard boxes that easily assemble in one unit load on a 48-inch by 40-inch pallet. The goods will be shipped from New York, New York, to Sydney, Australia. For the purpose of this assignment you can make reasonable assumptions about the weight of the boxes.

SLM will manage a rapid flow of goods to and from Australia. The proposed warehouses in Australia will be located in proximity to two large metropolitan areas, Sydney and Melbourne. In the first year of its operations in Australia, SLM plans to handle an average of 200 20-foot equivalent units (TEUs) of imports and exports between the United States and Australia every month.

You are a Logistics Manager at SLM. As part of the company’s goal to strengthen its competitiveness in the global marketplace, the CEO has asked you to design a logistics plan for the proposed warehouse operations in Australia and transportation of goods between Australia and the United States.

In your report (allowing for reasonable assumptions when necessary),

  • Select one of the two SLM contracts described above.
  • Analyze the product’s physical properties, volume, and quantities to determine if the product’s shipment size is small (150 to 500 pounds) or a larger (consolidated) shipment (at least one TEU).
  • Evaluate at least two modes of transportation that best support the organization’s supply chain for shipping the product from one country to another, door-to-door, in a multimodal shipment. Explain your reasoning.
  • Identify the type of warehouses that SLM should employ in Australia to ensure a rapid movement of goods. Recommend either public, private, or contract warehousing and explain how your recommendation supports SLM’s supply chain management.
  • List and describe the necessary commercial, banking, and shipping documents that comply with export and import procedures in the United States. These may include a commercial invoice, certificate of origin, shipper’s export declaration, shipper’s letter of instruction, bill of lading, freight bill, and letter of credit.
  • Determine the appropriate Incoterms® 2010 rule, depending on the shipment mode and buyers’ and sellers’ responsibilities.
  • Select a process (Lean, Six Sigma, Just-in-Time, or Kanban) and explain how the process can be implemented to ensure effective and efficient warehouse operations techniques are in place that support the company’s supply chain design.
  • List a minimum of four additional budget line items in the table below with a rationale to ensure smooth warehouse operations in Australia. Support your rationale by including various logistics activity measures, cost drivers, profit models, and the role of inventory and how they influence SLM’s financial outcomes.

Budget line item

Rationale

Shipment consolidation

Cost savings management

Warehouse safety and security

Efficient and safe warehouse operations

Software implementation

Order management, customer relationship management, and load-planning for a truck trailer.

The Final Paper

Research Paper – Purchasing And Material Management

 Write a 5-8 page (exclusive of cover page and reference pages) single-spaced paper on one or more aspects of procurement/supply management for any one of the following three companies: Dell Computer, General Motors, or Wal-Mart. The exact focus of the project is up to you, but it must be on one or more topics that we cover in ASCM 626. You must focus on your chosen company’s supply and procurement strategies as they relate to inputs from its suppliers; not on its distribution to the retail consumers (this is not a marketing course). If you list a source in your ending list of references, be sure to properly cite within your content where you use it.

Your project should include comparative analysis, i.e., how the company handles the supply chain management issue(s) that you selected differently than one or more competitors (for example, GM vs. Toyota, Wal-Mart vs. Target, etc.). It should analyze (i) what topic-related challenges the company has faced in the past, (ii) what have they done to overcome those challenges, and (iii) what must the company consider when moving ahead in the 21st century business environment. You are responsible for organizing and segmenting your paper so it’s clear you are covering these issues. For a graduate-level paper, I need to see graduate-level effort and results.

Use a modified APA format: 12-point font, one-inch margins, but single-spacing instead of double-spacing. Include only the references in your list that you actually cite in your main text. Be sure to number your pages. While submission to Turnitin is not required, I will use it to ensure that your work is original and properly referenced.  Use your own words and cite properly. Use direct quotations sparingly, and minimize copying and pasting. Do not re-use any content that you submitted for another class as this will show up negatively when I check it using Turnitin and will very negatively affect your grade. This is an individual assignment with no collaboration permitted.

The Art Of Negotiation

Research a current conflict or negotiation in progress from the last 6 months like peace talks in the Middle East, a corporate merger, a labor dispute, etc.   Write a six to eight (6-8) page paper in which you:

  1. Briefly describe the selected negotiation.
  2. Examine the issues versus the interests of the parties involved. Determine how this difference affected the negotiation.
  3. Analyze the ethical behavior or tactics that are being used in the negotiation. Determine the effect they might have on the outcome of the negotiation.
  4. Determine the Best Alternative to a Negotiated Agreement (BATNA) and Worst Alternative to a Negotiated Agreement (WATNA) for each side of the negotiation.
  5. Develop a proposal for a distributive negotiation strategy for this negotiation.
  6. Develop a proposal for an integrative negotiation strategy for this negotiation.
  7. Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources.

Your assignment must follow these formatting requirements:

  • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format.
  • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

  • Analyze the dynamics of a negotiation process and determine specific tactics to effectively implement the steps of negotiation.
  • Formulate guidelines to improve the ethical behavior in negotiations.
  • Given a negotiation requirement, develop a distributive bargaining strategy.
  • Given a negotiation requirement, develop an integrative negotiation strategy that satisfies all parties.
  • Use technology and information resources to research issues in negotiation and conflict resolution.
  • Write clearly and concisely about negotiation and conflict resolution using proper writing mechanics.

Measuring Customer Service

Prior to beginning work on this assignment, read this week’s assigned readings. In the required article, Customer Obsession and the Platinum Rule . (Reid, 2016),

https://www.forbes.com/sites/groupthink/2016/03/15/customer-obsession-and-the-platinum-rule/#3a53dc727429

the author refers to the “Platinum Rule” for developing outstanding customer relationships and discusses the importance of customer service. Your textbook emphasizes the idea that customer service is a strong competitive weapon, which is difficult for competition to imitate. In logistics, the four dimensions of customer service are time, dependability, communication, and convenience. Advanced transportation and technology are the main drivers of globalization that contribute to these four dimensions. See Table 7.2 on page 124 of your text (Murphy & Knemeyer, 2015)

Table 7.2 Select Customer Service Measures

 

Customer Service Dimension

Measure

 

Time

Order cycle time

Inquiry   response time

 

Dependability

Perfect order

On-time   delivery

 

Communication

Customer complaints

Order   status information

 

Convenience

Returns process

Response   to emergency situations

.

For this assignment, you will research a large global transportation company, write a paper that discusses how customer service supports logistics and supply chain management, and then analyze how this relationship contributes to a company’s competitive advantage in the global marketplace.

In your paper,

· Explain how your chosen company’s current logistics and/or supply chain management practices supports each of the four dimensions of customer service. (The company’s website and annual report are often good starting points for your research.)

· Assess how the company can strengthen the contribution of each dimension to future gains in profitability and/or customer service with at least two of the four dimensions. Provide two to three examples of how other companies have already done so to support your assessment.

The Measuring Customer Service paper

· Must be 600 to 900 words in length (not including title and references pages), double-spaced, and formatted according to APA style as outlined in the Ashford Writing Center (Links to an external site.)Links to an external site.. Contextual (Level One) headings must be used to organize your paper and your thoughts.

· Must include a title page with the following:

  • Title of paper
  • Student’s name
  • Course name and number
  • Instructor’s name
  • Date submitted

· Must address the topic of the paper with critical thought.

· Must include and integrate supporting information and reasoning from at least one scholarly, peer-reviewed, or credible business source from the Ashford Library in addition to the textbook (see Ashford Writing Center’s Integrating Research (Links to an external site.)Links to an external site. for assistance).

· Must document all sources in APA style, as outlined in the Ashford Writing Center.

· Must include a separate references page, formatted according to APA style as outlined in the Ashford Writing Center.

Business Intelligence

The first part of the project. Please refer to the syllabus for the due date. Each week you will write minimum 6 pages excluding the cover page and the reference page for each section of the project. The paper must be in the APA format, 12′ fonts, double space)

Description: 

The main project: In this project, you are either work on the hypothetical company or an existing company. In either case, you are supposed to develop a Business Intelligence Development Plan for a local corporation. In this project, you will follow the process and format

Part 1: The document should be in the following format (use Word document):

  • Business Intelligence Development Plan – Use the APA template
    • Title page
      • Course number and name
      • Project name
      • Student name
      • Date
    • Table of contents
      • Use the auto-generated TOC.
      • Make it a maximum of 3 levels deep.
      • Be sure to update the fields of the TOC so that it is up-to-date before submitting your project.
    • Section headings (create each heading on a new page)
      • Business Intelligence Justification
      • Business Performance Plan
      • Business Performance Methodologies
      • Data Classification and Visualization Assessment
      • Data-Mining Methods and Processes
      • Provide a rough draft of the company
      • Incorporate the conceptual foundations of decision making
      • Does Simon’s four phases of decision making: intelligence,
      • design, choice, and implementation apply to your project?
      • How the process works in relates to the essential definition of DSS
      • Explain the important DSS classifications
      • How DSS support for decision making can be provided in practice
      • Review DSS components and how they integrate

You will work on this project incrementally as it is posted. Each week; you will do part of this project and submit at the due date.Your project must be supported by the scholarly sources and that you cite each source both in-text and in the References section using APA. The first section of new content will be as follows:

  • Business Intelligence Justification (Week 1 IP): 6-8 pages (exclude: Cover page and reference page)
    • Describe the background and the general business environment for the project
    • Define at least 10 problems related to decision making that currently exist in the organization.
    • Describe the typical organizational response to the above 10 problems using the business pressure-responses-support model.
    • Describe the quantitative and qualitative impact of the organizational response to the 10 problems on managerial decision making.
    • Describe how business intelligence can be used to support problem-solving and decision support in the case study organization.