You should select and research a legal topic and its ethical aspects into the paper. You need to write an integration of the legal and ethical issues raised. The ethics decision model must be a part of the paper. The paper will receive a grade based on completeness of key legal and ethical issues and creativeness of your idea toward the issue.
The paper should also include a summary of the facts in the ethical dilemma, your list of the key legal and ethical issues, application of the decision model and the action steps that you would suggest.
What are the components that comprise a sustainable competitive advantage for a firm?
Four components comprise a sustainable competitive advantage. According to Hitt, Ireland, & Hoskisson (2009), the criteria is as follows:
Valuable: allow the firm to exploit opportunities or neutralize threats in its external environment
Rare: capabilities that few, if any,competitors possess
Costly to imitate: capabilities that other firms cannot easily develop.
Nonsubstitutable: capabilities that do not have strategic equivalents (p. 82).
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Imagine that you are at a flea market and you are looking through a table full of old books or every type. You discover what you believe to be a first edition of Mark Twains' Huckleberry Finn, although you are not certain. The price on the book is $5.00 and you gladly pay it without question. Neither you nor the seller discuss the book in any way as you purchased the book. Afterwards, you have the book appraised by an expert antique book export, who informs you that the book is worth at least $10,000.00.
In this exchange, you have provided $5.00 in consideration for an item worth circa $10,000.00 when sold in the correct market. Could the flea market bookseller properly seek to have the sale set aside due to inadequate consideration? What is the flea market bookseller knew it was an original, but had no idea of the true worth and thought that $5.00 was a reasonable price? Will the law consider the issue
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Write a 1,050- to 1,400-word strategic objectives summary. Include your balanced scorecard and its impact on all stakeholders, and the communication plan.
Identify key trends, assumptions, and risks in the context of your final business model.
Develop the strategic objectives for your new division of the existing business in a balanced scorecard format in the context of key trends, assumptions, and risks. The strategic objectives are measures of attaining your vision and mission. As you develop them, consider the vision, mission, and values for your business and the outcomes of your SWOT analysis and supply chain analysis.
Consider the following four quadrants of the balanced scorecard when developing your strategic objectives:
Shareholder Value or Financial Perspective, which includes strategic objectives in areas such as:
Market share
Revenues and costs
Profitability
Competitive position
