This assignment is a three part assignment. Be sure to complete all three parts of this assignment. You may submit one or two separate documents.Part I: Time for a Reality Check(1) Click Here (Links to an external site.) or Google the Texas Reality Check website. Look into the future and consider what your life will be like after you have finished your studies. Answer all of the questions, taking into account how you would like to live in the future when you are working in your chosen field. Complete the Lifestyle Calculator, and you will have a budget that provides an estimate of the amount you will need in order to maintain the lifestyle you desire.(2) Next, scroll through the career options the system lists for you. The options listed will all pay you enough to maintain your desired standard of living.(3) Then write a one paragraph reflection addressing the following: (a) State the amount of money you will need to earn in order to maintain the lifestyle you desire to live in the future. (b) Describe the lifestyle you intend to live and explain whether the expected annual salary (local or national) for your career will allow you to live that lifestyle. (c) If it does not, describe what steps you will take to deal with this situation. If you will have excess income, discuss what this will mean for your future.Part II: Location, location, location!Consider how the cost of living differs by location. Once you know what it will cost to live in Houston, Texas; do some research and find out what it would cost to live elsewhere. Remember, you are not comparing what your job will pay; you are comparing the annual salary you will NEED to live in Houston to the salary you would NEED to live the same lifestyle in two other cities.(1) Using the CNN Money Calculator (Links to an external site.), first, select Houston, Texas as the city where you live. Next, slide the black dot left or right to the salary amount that best represents the Annual Salary Needed amount listed on your Texas Reality Check Budget report ($93K = $95K). Finally, select the state and city where you would like to consider moving once you begin your career.(2) Record “how far your salary will go” or the salary you would NEED to live in that city as shown on the calculator. Do this for at least two cities. (3) Write a one paragraph (7-10 sentences) reflection. (a) Report the cost of living for all three cities. Discuss the specific differences in the cost of living in the two other locations versus the cost of living in Houston. (b) Identify and report the largest percentage differences between the cities. Discuss whether family plans, groceries, housing or transportation are significant factors. (c) Discuss whether your career is dependent upon location. (d) Based upon your analysis, write a final statement that explains where you might decide to live considering the differences in cost. Keep in mind that a higher cost of living does not mean a higher salary in each location.Part III: What does it cost to be me while in college?(1) Click Here (Links to an external site.) to access the Bankrate Student Budget Calculator.(2) Input your expenses and income for an eight-month school year (Fall and Spring). Only include the items that represent your expenses or income. Exclude expenditures you do not have. Each item in your budget can be scheduled to be paid annually, biannually, monthly, etc. (see below):Start of school year (annually) : One payment at the start of the school yearSemester 1 & 2 (biannually): Two payments. One at the beginning of semester 1, and the second at the beginning of semester 2.Semester 2: One payment at the beginning of semester 2.Monthly during the school year: A payment for each month of the school year (Fall and Spring)(3) Click on the blue “calculate” button. Then, click on “view report.”(4) To submit, print the report and scan it OR copy and paste it to a word document.Click Here to View a Student Example of this AssignmentActionsClick Here Actionsto print a copy of this assignment.

Critical ThinkingCritical Thinking: Strategic Recommendations (115 points)Managing the multi-business corporation to meet high performance expectations is problematic. Publicly traded companies are pressured to return favorable quarterly results and as corporations grow larger and more complex, it becomes harder to manage such corporations effectively. General Electric (GE) was once one of the most admired corporations in the world. Today, GE is facing a much-reduced outlook. For this week’s assignment, read the case study found in your textbook (Case 20): Restructuring General Electric.Remember, a case study is a puzzle to be solved, so before reading and answering the specific case and study questions, develop your proposed solution by following these five steps:Read the case study to identify the key issues and underlying issues. These issues are the principles and concepts of the course area which apply to the situation described in the case study.Record the facts from the case study which are relevant to the principles and concepts of the course area issues. The case may have extraneous information not relevant to the current course area. Your ability to differentiate between relevant and irrelevant information is an important aspect of case analysis, as it will inform the focus of your answers.Describe in some detail the actions that would address or correct the situation.Consider how you would support your solution with examples from experience or current real-life examples or cases from textbooks.Complete this initial analysis and then read the discussion questions. Typically, you will already have the answers to the questions but with a broader consideration. At this point, you can add the details and/or analytical tools required to solve the case.Case Study Questions:Why was GE considered to be such an exemplary organization? (Discuss GE’s management systems and performance.)Discuss the nature of GE’s corporate portfolio under Welch and Imelt. Did the nature of GE’s portfolio under Welch and Imelt provide superior results?If GE’s portfolio mix gave superior results, why was it necessary to restructure the portfolio?Why is GE’s performance no longer superior? What are the reasons for the collapse in GE’s financial performance during 2016-2018?What should be done to return GE to higher levels of performance? Does GE need to refocus? Which businesses or products would you recommend abandoning or divesting, if any? Does GE need to make additional acquisitions to supplement existing GE assets?Your well-written paper should meet the following requirements:Be 9 to 10 pages in length, which does not include the title page or required reference page, which are never a part of the content minimum requirements.Use Saudi Electronic University academic writing standards and APA style guidelines.Support your submission with course material concepts, principles, and theories from the textbook and at least three scholarly, peer-reviewed journal articles unless the assignment calls for more.It is strongly encouraged that you submit all assignments into the Turnitin Originality Check before submitting it to your instructor for grading. If you are unsure how to submit an assignment into the Originality Check tool, review the Turnitin Originality Check—Student Guide for step-by-step instructions.Review the grading rubric to see how you will be graded for this assignment. Review the grading rubric to see how you will be graded for this assignment.________________________________________________________________RequiredChapter 13 in Contemporary Strategy AnalysisChapter 13 PowerPoint slides in Contemporary Strategy AnalysisAleong, C. (2018). Strategy: What universities can learn from corporate success stories. Contemporary Issues in Education Research, 11(2), 55–64.Salwan, P., & Sharma, K. (2018). Developing high adaptive capabilities: The case of CISCO. Indian Journal of Industrial Relations, 54(1), 146–162.RecommendedLindsay, S., Jack, G., & Ambrosini, V. (2018). A critical diversity framework to better educate students about strategy implementation. Academy of Management Learning & Education, 17(3), 241–258.