Identify and describe current business trends

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Reference no: EM13725398

Business Sustainability Plan:

Objective:

1. Compare and contrast Contemporary Business versus an emerging Social Business concept.

2. Identify and describe current business trends to include outsourcing, off-shoring and globalization.

Section 1: Introduction

1. Provide a background of the company that you chose, including a brief history, the industry, the degree of competition, the role of technology, and so forth.

2. Discuss the background of the company's industry: how long it has been around, what forces or trends have positively or negatively affected the industry, and so forth.

3. Identify current trends that are being utilized within your organization.

4. Compare and contrast the contemporary business to an emerging social business concept. Does your organization follow a more contemporary format, or has it adapted to emerging social business concepts?

Section 2: Past Trends I

1. Discuss how the following different types of trends have positively and negatively affected your company:

Governmental

Economic

Technological

Social

Section 3: Past Trends II

1. Discuss past trends, such as outsourcing, offshoring, globalization, and emerging social business concepts.

2. Discuss at least 2 market disruptors or major world events that have affected the company positively or negatively. Examples include Japan's nuclear reactor disaster, Hurricane Katrina, Iran's threat to close the Strait of Hormuz, the downgrade of U.S. federal debt, and so forth.

Section 4: Future Trends

1. Discuss what future trends will likely have a favorable impact on the company.

2. Discuss what future trends will likely have an unfavorable impact on the company.

Section 5: Tactics

1. Discuss tactics to capitalize on favorable trends.

2. Discuss tactics to minimize the risk of unfavorable trends.

Section 6: Conclusion
1. Based upon the experience of completing this research and report, what are the key points that you will take away as a learner?
2. Could this knowledge be applied in your current or prior place of work?
3. What other conclusions can you draw from this research?

Reference no: EM13725398

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