reflection paper

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Reflection paper

Reflection 1

-What is organizational culture and how is it expressed within a company? Provide an example of formal culture and informal culture. 

Reflection 2

This questions deals with the business plan you started last week.  You will be filling in the following sections by answering each of the questions:

1. write a mission statement for your company

2. Explain what type of business organization your business will be (sole - partner (how many) - llc)

3. list the advantages and disadvantages of this type of organizational structure 

Reflection 3

Companies have and use resources in their daily functions. What type of resources are essential to every organization?  

Reflection 4

this question is between you and I only - which means other students cannot view your posts. You will not be able to reply to any other students - so your participation posts must both happen under question #1

 

This week we will begin  to think about the individual project for the class - a business plan. Please review the template found under the handouts on the main page. You will be creating an abbreviated business plan. So for the first step - think about a small business - that you might want to have in the future.  What would you name it? Provide a description of the business and/or service?   Where would you want your business to be located?  

Reflection 5

What cultural issues should a manager consider before doing business in a foreign country? Explain your answer including why this should be considered and what might happen if it was not considered. Give at least 2 cultural issues. 

Reflection 6

What is a limited liability company (LLC) and why do some consider it the best form of business ownership? 

Reflection 7

An ethical issue is an identifiable problem, situation, or opportunity that requires a person to choose from among several actions that may be evaluated as right or wrong, ethical or unethical. In business, such as choice often involves weighing monetary profit against what a person considers appropriate conduct. The best way to judge the ethics of a decision is to look at a situation from a customer's or competitor's viewpoint. For those individuals or companies that do not follow these guidelines - there can be financial and legal complications. Name one company who has recently gone through an ethical situation. Why do you think the company found themselves in this position? What were the reasons the situation came under public view?  What would you do if you were the leadership of this company to either avoid this type of situation in the future and/or to regain public opinion?