Description
he Week 2 Individual Assignment requires students to develop an argumentative essay on a business practice.
Students should look at a business in their local area and identify a controversial business decision. This could be a situation such as location of a new landfill, rate hikes, a business closure, and so forth.
Select the business situation and submit to your instructor for approval no later than the beginning of Week 2.
PLEASE let me know the business situation so when you can so I can submit it to my professor for approval. Thanks you.
For this assignment, the student will create an argumentative essay explaining what makes a good business decision. This allows students to use critical thinking in their research to identify the importance of deductive reasoning and inductive reasoning.
Assignment Steps
Review the "Writing Argumentative Essays" section in Ch. 3 of Critical Thinking.
Write a 1,050-word argumentative essay on your approved business decision including the following:
- Discuss why the business decision is good or not good for business.
- Define the term "good" for the purpose of this situation.
- Identify the premise and conclusion by placing a number in bold at the beginning of the sentence with the word premise or conclusion. For example: (1, Premise), (2, Premise), (1, Conclusion), (2, Conclusion).
- Sentences labeled as "1, premise" are premises for the sentence labeled as "1, conclusion."
- All premises should be labeled for each conclusion in the article. If a sentence is a conclusion and a premise for another conclusion, place two labels.
- At the end of the paper, identify one example of how you used deductive reasoning and one example of how you used inductive reasoning.
Format your paper consistent with APA guidelines.
Explanation & Answer
Attached.
Running head: BUSINESS PRACTICE ARGUMENTATIVE ESSAY
Business Practice Argumentative Essay
Student Name
Institution
Date
1
BUSINESS PRACTICE ARGUMENTATIVE ESSAY
2
Introduction
(1, premise) A business decision can be determined by many factors, and the decision is
very crucial for the company. (1, conclusion) The company future will rely on what happens
today, the decisions to expand the business, invest in other products, closure of the market for
instance. Owners of a business which is in a financial crisis find themselves in a dilemma about
the immediate future of the company. Closing the industry might have both negative and positive
implications to the employee and the employer.
Business Closure
In the modern society, small businesses are under pressure to sustain their enterprise
beyond their first birthday. Large companies are also affected by factors of the market and the
situation of the economy in the country. The industry might also be struggling to finance its
liabilities, and the debts might be growing with every passing month. Competition from other
sector offering the same services or products poses one of the most significant challenges for
company owners. They are tasked to provide not only better services and products but also give a
consumer-friendly price to remain competitive enough (Davenport, 2014). The government
might also hike taxes on the products, therefore, rendering the operations of the company
impossible. Owners of a company should hold consultative meetings before mak...