Starting with this assignment and going forward, you will research the “worst” company that your instructor approved for you in Assignment 1 and write an essay in APA format that covers the following.
HINT: The “worst” company that my instructor approved for me is Facebook and I discussed how they are unsuccessful in the following categories (e.g., employment, customer service, product issues, fraud, consumer issues, violations of law).
Assignment Instructions:
1-Identify the company, describe the nature of its industry, and describe its domestic environment (home country). (For example: U.S. Air operates in the airline industry. Its home country and domestic environment is the United States.)
2-Summarize the company’s industry; how long it has been in business; and the attribute for which it is the least admired as a “worst” company.
NOTE: Items 1 and 2 should be covered in no more than a paragraph or two at most. The remaining paper should address the following:
3-Investigate and explain the domestic government regulations associated with your chosen company’s industry. (For example, for U.S. Air, you would investigate government regulations for the airline industry.) You will need to engage in research for this as specifically relates to your chosen company.
4-How do these domestic government regulations affect your chosen company in its domestic environment? What are the barriers for business that are raised by these regulations?
5-Identify a business theorist and briefly describe this theorist’s business theory.
6-What should the business do to overcome these barriers? In addressing this question incorporate the business theorist you have identified. (NOTE: It is not sufficient to state nothing can be done or that the company is already doing what it can do. You must provide some critical and creative thought.)
