busn 470 discussion board week 1

Compose a post that integrates a complete Bible scripture verse and transcends all aspects of the following question(s) comprehensively and collectively as a single post.

1. Explain how changes in interest rates affect the automobile, home construction, and auto repair industries.

2. We began to learn about external environments and will discover more in the next weeks. This includes culture, politics, laws and the economy. Educational Services is a thriving industry. Using Regent University as an example, explain how political-legal and economic, forces have affected its operations over the past decade.

200- 300 Words

  • Providing a short introduction stating your position and argument
  • Supporting your argument (intext citing shows this)
  • When all is done, give a brief conclusion
  • a reference at the end
  • Strategic Management: Theory and Practice, 5th Edition, (Solon, OH: Academic Media Solutions, 2017) John A. Parnell (Online eTextbook Access Card: ISBN 978-1-942-04128-3)
  • Good to Great: Why Some Companies Make the Leap–and Others Don’t, 1st Edition, (New York, NY: Harper Business, 2001) James Collins (ISBN-13: 978-0066620992)

Read: Chapter 1 & 2 Parnell

Chapter 1 Collins

Henry Mintzberg coined the terms intended and realized strategies, but this is just one of his many contributions to the field of management.

https://www.youtube.com/watch?v=_NRWtd_SiU8

The Business Model Canvass is a tool used to identify and clarify a company’s business model. These videos explain the canvass approach and apply it to Starbucks.

https://www.youtube.com/watch?v=QoAOzMTLP5s

https://www.youtube.com/watch?v=3TWfp1pvxHY

Michael Porter expands on the five forces model for evaluating industry competitiveness and assessing potential profitability.

https://www.youtube.com/watch?v=mYF2_FBCvXw

 
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