MBA705 SNHU Milestone 5 Assumption And Contingency Planning

User Generated

Lnmmv

Business Finance

Southern New Hampshire University

Description

Instructions

Submit the assumptions and contingency planning, which includes your explanation of assumptions you have made in creating your business implementation plan, any factors that may affect those assumptions or the success of the project, and how you have planned for those contingencies. At a minimum, you should discuss any cross-cultural, economic, and geopolitical factors that may impact the business environment and concept; how you will ensure that the project operates in a legally and ethically compliant environment, including relevant laws, regulations, or patents or permits that may need to be obtained; plans for incorporating stakeholder and customer diversity into planning and implementation of the concept; and the role corporate social responsibility will play in the implementation of your concept.

MBA 705 Milestone Five Guidelines and Rubric

Overview: For the capstone assessment, you will create a business implementation plan and audiovisual presentation for the product, service, or idea you have been developing throughout your MBA coursework. In Milestone Five, you will submit the assumptions and contingency planning, in which you will clearly explain the assumptions you have made in creating your business implementation plan, any factors that may affect those assumptions or the success of the project, and how you have planned for those contingencies. At a minimum, you should discuss any cross-cultural, economic, and geopolitical factors that may impact the business environment and concept; how you will ensure that the project operates in a legally and ethically compliant environment, including relevant laws, regulations, or patents or permits that may need to be obtained; plans for incorporating stakeholder and customer diversity into planning and implementation of the concept; and the role corporate social responsibility will play in the implementation of you concept.

Critical Elements:

 Explain the assumptions you have made in creating your business implementation plan, including a discussion of any factors that may affect the assumptions or success of the project, and how you have planned for those contingencies.

 Discuss any cross-cultural, economic, and geopolitical factors that may impact the business environment and concept.

 Explain how you will ensure that the project operates in a legally and ethically compliant environment, including relevant laws, regulations, or patents or permits that may need to be obtained.

 Outline plans for incorporating stakeholder and customer diversity into planning and implementation of the concept.

 Discuss the role that corporate social responsibility will play in the implementation of your concept.

Guidelines for Submission: Your draft must contain all of the elements listed above. It should be 5 to 8 pages in length (excluding the title page, references, and appendices) using 12-point Times New Roman font, with one-inch margins. You may include summary pictures, charts, graphs, or other explanatory diagrams as needed to successfully explain the concept and implementation, but should use appendices for detailed supporting documentation. Your paper should follow APA guidelines. You must include at least 5 scholarly sources. Cite your sources within the text of your paper and on the reference page.

Critical Elements Proficient (100%) Not Proficient (0%) Value

Main Elements Includes most of the main elements/Does not include any of the main elements 15

Critical Thinking Provides logical conclusions and defends with examples/Does not provide logical conclusions 15

Assumptions Explains the assumptions behind the plan and includes a discussion of any factors that may affect the assumptions or success of the project and contingency planning/Does not explain the assumptions behind the plan and include discussion of any factors that may affect the assumptions or success of the project 12

Cross-Cultural, Economic, and Geopolitical Factors Discusses cross-cultural, economic, and geopolitical factors that may impact the business environment and concept/Does not discuss cross-cultural, economic, and geopolitical factors that may impact the business environment and concept 12

Legally and Ethically Compliant Environment Explains how the project will operate in a legally and ethically compliant environment, including relevant laws, regulations, or patents or permits that may need to be obtained/Does not explain how the project will operate in a legally and ethically compliant environment, including relevant laws, regulations, or patents or permits that may need to be obtained 12

Stakeholder and Customer Diversity Outlines plans for incorporating stakeholder and customer diversity into planning and implementation of the concept/Does not outline plans for incorporating stakeholder and customer diversity into planning and implementation of the concept 12

Corporate Social Responsibility Discusses the role corporate social responsibility will play in the implementation of the concept/Does not discuss the role corporate social responsibility will play in the implementation of the concept 12

Articulation of Response Submission does not have critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas/Submission has critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas 10

Total 100%

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Explanation & Answer

Attached.

Running Head: ASSUMPTIONS AND CONTINGENCY PLANNING

Assumptions and Contingency Planning
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Running Head: ASSUMPTIONS AND CONTINGENCY PLANNING

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Introduction
Walmart is a large retail chain store that operates across the world. The retail company is
in the process of implementing an information system that will align its strategic goals and
objectives to its current business activities and process. It the process of implementing the
information system, the company has to put in place assumptions and contingency plan that
would drive it throughout the lifecycle of the project to realize success. At this stage of project
implementation, the organization must ensure that it takes into consideration all the relevant
cross-cultural, economic, and geopolitical factors that may have an impact on its business
environment and information system concept (Walmart, 2019). It will also strive to ensure that
the project operates in a legally and ethically compliant environment and seek the views of its
stakeholder and customer diversity into planning and implementation of the concept. Above all,
corporate social responsibility will play a significant role in the implementation of the
information system concept.
Assumptions
The first assumption behind the implementation of the Information System Project at
Walmart is that it will be cost-effective, leading to an improvement in the efficiency of service
delivery at the retail store. Besides, it is assumed that the research and development that the retail
company has done in the past will reveal all the strengths and weakness of the information
system project and how best to deal with the threats that may undermine its implementation
(Kerzner, 2017). The implementation of this project is also based on the assumption that once it
is fully completed, it would solve all the current challenges facing the company’s operations,
making it an integral part of the daily operation at the organization.

Running Head: ASSUMPTIONS AND CONTINGENCY PLANNING

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The implementation of this project is also based on the assumption that Walmart has all
the resources, skills, capability, and knowledge to implement the information system project
within the scheduled timeline. This, it is presumed that the implementation of this infor...

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