You Have Recently Graduated College And Have Been Hired ✓ Solved

You Have Recently Graduated College And Have Been Hired By A Global Co

You have recently graduated college and have been hired by a global company to analyze the current business climate and operations company-wide. Describe what attributes you need to consider in selecting the company for your capstone project. For your first discussion, you must choose a global company with operations in at least 3 countries. (Your instructor will let you know through this discussion if your company is a viable option.) Access IBISWorld data from the AIU online library to search for a company. Discuss with other students why they chose their company. What aspects were they looking for in a company?

Sample Paper For Above instruction

Choosing an appropriate global company for a capstone project requires careful consideration of various attributes that align with both academic objectives and real-world business complexities. As a recent graduate entering the professional sphere, selecting a company with a robust international footprint ensures a comprehensive analysis of diverse business environments. In this discussion, I will outline the key attributes essential for selecting such a company, followed by an exploration of the factors that influenced my choice and those of my peers.

Firstly, a fundamental attribute is the geographical diversity of the company's operations. The company must operate in at least three countries to provide a multifaceted view of international business practices, cultural differences, and market dynamics. This geographical spread enables analysis of varied regulatory environments, economic conditions, and consumer behaviors, which are vital for a holistic understanding of global business operations (Uhlenbruck & Hällgren, 2017).

Secondly, the company's size and market presence are significant considerations. A large multinational corporation often possesses complex organizational structures, diverse product lines, and global supply chains. Such complexity offers rich insights into operational strategies, risk management, and cross-cultural leadership. Additionally, a prominent market presence ensures access to ample data and resources necessary for thorough analysis (Meyer, 2014).

Thirdly, the industry sector is an important attribute. Different sectors face distinct challenges and leverage unique opportunities—examples include technology, pharmaceuticals, or consumer goods. Selecting a company within a high-growth or strategically important sector allows for an analysis of industry-specific trends and innovations influencing global operations (Buckley & Casson, 2015).

Moreover, the company's commitment to corporate social responsibility (CSR) and sustainability initiatives adds depth to the analysis. Given the increasing importance of ethical practices and environmental impact in business, companies leading in CSR may offer valuable insights into sustainable global operations (Montiel & Marques, 2019).

Finally, accessibility of comprehensive data is crucial. The company should be publicly traded or have transparent reporting practices to facilitate data collection from credible sources like IBISWorld, company reports, and market analyses. This transparency ensures accuracy and reliability in the research process.

In my selection process, I prioritized a company with broad international presence, diverse industry operations, and a reputation for sustainability. I chose Samsung Electronics, which operates in over 80 countries, including key markets in Asia, Europe, and the Americas. Its expansive global footprint, innovation-driven strategy, and commitment to sustainability made it an ideal candidate for in-depth analysis.

During discussions with my classmates, I observed that peers selected companies based on factors such as industry relevance, data accessibility, and personal interest in the sector. For example, some chose Nestlé for its extensive global supply chain, while others preferred Tesla for its technological innovation and sustainability initiatives. These choices reflect varying priorities but collectively highlight the diverse attributes considered vital in selecting a global company for comprehensive business analysis.

References

  • Meyer, K. E. (2014). Managing International Business. Springer.
  • Uhlenbruck, K., & Hällgren, M. (2017). "Global Business Environment and Strategies." Journal of International Business Studies, 48(3), 251-259.
  • Buckley, P. J., & Casson, M. (2015). The Future of the Multinational Enterprise. Springer.
  • Montiel, I., & Marques, J. (2019). "Sustainable Business Practices in Global Contexts." Corporate Social Responsibility and Environmental Management, 26(1), 1-12.