MBA 665 SNHU Impact of Governmental Action on a Business

Anonymous
timer Asked: Feb 3rd, 2019
account_balance_wallet $45

Question Description

This paper goes into detail on impact of governmental action and LG Electronics building headquarters in the usa, right on the Palisades located in New Jersey. This brings up many governmental issues which are required to be further established. I will include past development of scenario and governmental issue.

Unformatted Attachment Preview

MBA 665 Final Project Milestone Three Guidelines and Rubric Overview: The final project for this course is the creation of an impact of governmental action on a business paper. For Milestone Three you will submit the Analysis section of your final project, which is Section II of the critical elements. Your analysis should include answers to all the questions in the Analysis section on business environment, sustainability, internal resources, communication, company image, response, impact, and external resources. Specifically, the following critical elements must be addressed: I. Analysis: After submitting your overview, your boss is having second thoughts about bringing Jack Harris and his firm, Crisis Consulting, on board. Before he makes his final decision he has asked you to provide him with a thorough analysis of the situation faced by your business. He asks you to prepare a memorandum to him (the CEO) analyzing the situation that your business faces as well as the resources that are available to it. Address the following: A. Business Environment: Based on your analysis of the governmental action or political challenge, what will be the impact of the governmental action or political challenge on the business’s financial situation and operations? Does the action represent an opportunity or a threat? B. Sustainability: Based on your analysis of the governmental action or political challenge, how will the governmental action or political challenge impact the sustainability of the business? C. Internal Resources: Evaluate the internal resources of the company, including the business project teams that are available to respond to the opportunity or threat. In other words, is the business adequately organized to address the opportunity or threat? D. Communication: How has information about the situation been communicated to various stakeholders? For example, have any public hearings been held? Have the radio, newspapers, or social media been used? E. Company Image: Assess how the situation has affected the company’s public image. Has the impact been primarily positive or negative? If the impact has been primarily negative, what are the positive aspects in addition to the negative aspects? If the impact has been primarily positive, what are the negative aspects in addition to the positive aspects? F. Response: What are the potential courses of action to respond to the situation in the current macroeconomic and business environment? In other words, what is the range of options for the business in this situation? G. Impact: How will these courses of action impact the business? Make sure to consider both short- and long-term impacts, including operational, financial, and ethical implications. H. External Resources: Evaluate the roles and functions of third parties or external resources in the situation. Consider questions such as these in your response: How will lobbyists be involved in the situation? Will there be public affairs professionals who will argue on behalf of the government or the business? Guidelines for Submission: Your paper must be submitted as an 8-10 page Microsoft Word document with double spacing, 12-point Times New Roman font, oneinch margins, and sources cited in APA format. Rubric Critical Elements Proficient (100%) Analysis: Business Accurately determines impact of Environment governmental action or political challenge on business finances and operations, based on analysis of action or challenge Needs Improvement (70%) Determines impact of governmental action or political challenge on business finances and operations, but response lacks detail or accuracy or is not based on analysis Analysis: Accurately determines impact of Determines impact of Sustainability governmental action or political governmental action or political challenge on sustainability of challenge on sustainability of business business, but response lacks detail or accuracy or is not based on analysis Analysis: Internal Comprehensively evaluates Evaluates internal resources of Resources internal resources of company, company, including business including business project teams project teams available to respond available to respond to opportunity to opportunity or threat, but or threat evaluation is cursory or inaccurate Analysis: Accurately assesses how Assesses how information about Communication information about situation has situation has been communicated been communicated to to stakeholders, but with gaps in stakeholders accuracy or detail Analysis: Company Accurately assesses how situation Assesses how situation has Image has affected company’s public affected company’s public image, image but with gaps in accuracy or detail Analysis: Determines appropriate potential Determines potential courses of Response courses of action for responding to action for responding to situation situation in current in current macroeconomic and macroeconomic and business business environment, but not all environment courses of action are appropriate or response has gaps in accuracy or detail Analysis: Impact Accurately determines impact of Determines impact of courses of courses of action on business, action on business, considering considering short- and long-term short- and long-term operational, operational, financial, and ethical financial, and ethical impacts, but impacts with gaps in accuracy or detail Not Evident (0%) Does not determine impact of governmental action or political challenge on business finances and operations Value 10 Does not determine impact of governmental action or political challenge on sustainability of business 10 Does not evaluate internal resources of company 10 Does not assess how information about situation has been communicated to stakeholders 10 Does not assess how situation has affected company’s public image 10 Does not determine potential courses of action for responding to situation in current macroeconomic and business environment 15 Does not determine impact of courses of action on business 15 Analysis: External Comprehensively evaluates roles Resources and functions of third parties or external resources in situation Articulation of Response Submission has no major errors related to citations, grammar, spelling, syntax, or organization Evaluates roles and functions of third parties or external resources in situation, but evaluation is cursory or inaccurate Submission has major errors related to citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas Does not evaluate roles and functions of third parties or external resources in situation 10 Submission has critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas Total 10 100% ...
Purchase answer to see full attachment

Tutor Answer

RyanTopTutor
School: Boston College

Attached.

Running Head: IMPACT OF GOVERNMENTAL ACTION ON A BUSINESS

Impact of Governmental Action on a Business
Name
Instructor
Institutional Affiliation
Date

1

IMPACT OF GOVERNMENTAL ACTION ON A BUSINESS

2

To: The CEO
From: The Situation Analysis Expert
Date: 3rd February, 2019
Subject: Analysis of the Situation the Company Faces
Analysis
Business Environment
LG Electronics operates in an environment that comprises both external and internal
factors. Fundamentally, the company’s business environment entails the sum total of all internal
and external variables that impact its operations. The internal factors occur within the company’s
premises and can be controlled and managed. External factors, on the other hand, occur outside
LG’s premises and thus can neither be managed nor controlled. Some of the external factors
include political, economic, socio-cultural, legal, and technological factors. It should be noted
that these factors pose either or both threats and/or opportunities (Ansoff, Kipley, Lewis, HelmStevens, & Ansoff, 2019). This section will address the company’s business environment,
particularly the government action.
Indeed, governments develop several laws and policies that guide and control businesses
and organizations. These regulations can either boost the company’s financial performance and
operations or result in detrimental effects. Based on the analysis of the government action
towards LG Electronics, this action will negatively affect its financial situation and operations,
hence posing a threat. Essentially, in 2014, the company started to construct its new corporate
headquarters along the Palisades, on the Hudson River in New Jersey. This move received

IMPACT OF GOVERNMENTAL ACTION ON A BUSINESS

3

significant oppositions from environmentalists and Englewood Cliffs residents who cited that the
construction will interrupt the natural and historic view of the Palisades. In addition to the
interruption of the natural scenery, these groups asserted that the construction of the company’s
tower is against the current zoning regulation that restricts building height to 35 feet. It should be
noted that LG was planning to build a 490,000 square feet tower (Stone, 2014).
If the zoning law was implemented, it means that LG Electronics would be unable to
construct its new headquarters and thus thwart its expansion objectives. Typically, one of the
primary goals of the company is to make profits through its business operations. It is for this
reason that the company decided to establish a new corporate headquarter in the US. LG
Electronics is a South Korean-based multinational electronic corporation that is headquartered in
Seoul, South Korea. By constructing a new headquarter in the US, the company can be able to
effectively serve the US market and thus attract and retain a considerable consumer base.
The objective of having a considerable consumer base would, however, be unattainable if
the zoning law restricts the company from constructing a tower that exceeds 35 feet. By having a
significant consumer base, the company’s sales, revenue, and profit margin will increase hence
benefiting the company’s financial situation and performance. In other words, the financial
aspect of LG Electronics will be negatively impacted by the current legislation (Ansoff, Kipley,
Lewis, Helm-Stevens, & Ansoff, 2019).
In addition to the financial situation of the co...

flag Report DMCA
Review

Anonymous
awesome work thanks

Similar Questions
Hot Questions
Related Tags
Study Guides

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors