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Instructions of BUS 400 3-1 Discussion
6-1 Assignment: International Team Expectations
Overview
Managing an international team will present unexpected challenges.
You are in different time zones; you have different schedules; you come from different cultures; and your own communication style may be different from that of members of your team.
Success of a geographically distributed team can be fostered by setting expectations that are informed by best practices and the cultures of your team members.
Scenario
Your company is expanding into a new market and has formed a new team that it would like you to manage. Your manager has sent you this note:
Thank you for taking on this challenge. You have a great team, but they come from very diverse backgrounds. It’ll be up to you to make sure it is a cohesive team that communicates well and collaborates effectively. As you know, at our firm, we feel the management of our teams and human resource management are a strategic advantage for us. I would like you to write an email explaining to me what managerial approaches you will use and how you think your team will function together. Please also include your conference call invitation for your team’s introduction. I would like to review what you are going to send to your team.
Prompt
For this assignment, you will write an email and introductory conference call invitation as requested by your manager.
Team Member Locations
Your team consists of the following four members from various locations across the globe:
Kaspar was born in and is based in the country you choose for your course project.
Kelly was born in and is based in the United States.
Syed was born in and is based in the United Arab Emirates.
Nina was born in and is based in Chile.
Specifically, you must address the following rubric criteria:
Write an email to your manager explaining how you plan to manage your team. It should include the following information:
Cultural considerations for each team member (For the purposes of this assignment, you can assume that each team member represents the average cultural dimensions of an average citizen of the country, and you are encouraged to use the Hofstede Insights: Compare Countries website.)
Common issues among diverse or global teams and potential conflicts that could occur in your team
Multiple management approaches you plan to use and why
A policy for selecting which holidays team members can take off that takes into account cultural considerations
A determination of whether your team will collaboratively create a team expectations and communication plan or whether you as the manager will do it on your own, explaining your decision
Create a conference call invitation, including the time of the meeting and agenda, using this Conference Call Invitation Template.
Guidelines for Submission
Submit your email as a 200- to 350-word Microsoft Word document. Submit your conference call invitation by completing the Conference Call Invitation Template. Sources should be cited according to APA style.
Step-By-Step Guide on BUS 400 3-1 Discussion: Business Model Canvas
Introduction to BUS 400 3-1 Discussion
This first discussion post revolves around your understanding of the bus 400 business model canvas. I will provide brief and descriptive guidelines to solve the BUS 400 3-1 Discussion: Business Model Canvas post and a dummy solution for each section. This Owlisdom How-To Guide will equip you with guidelines to tackle all the queries related to the bus model canvas post. Let us begin with the guide.
Understanding the Business Model Canvas (BMC)
To start the BUS 400 3-1 Discussion: Business Model Canvas, we will familiarize ourselves with the nine segments of the BMC.
- Recognize the importance of each segment in creating a comprehensive business model.
- Study the purpose and significance of each segment of the BMC.
- Understand how these segments interact to form a cohesive business model.
Example
Familiarizing ourselves with the nine segments of the BMC is crucial for crafting a robust business model. Each segment serves a distinct purpose, contributing to the overall framework of our venture (Setiawan et al., 2021). By studying the significance of each segment, we gain insight into how they interact and complement one another. Understanding these interactions helps us create a cohesive and well-rounded business model that addresses key aspects such as customer needs, value proposition, distribution channels, and revenue streams. This foundational knowledge lays the groundwork for developing a successful and sustainable business strategy.
Which of the segments do you think you can complete immediately?
Identifying Immediate Completable Segments
Next, in BUS 400 3-1 Discussion: Business Model Canvas. We will analyze the segments of the BMC to determine which ones you can complete immediately.
- Consider factors such as existing data, knowledge, and resources.
- Evaluate your current resources and information availability.
- Identify segments where you have sufficient data or understanding to complete immediately.
Example
Analyzing the segments of the BMC enables us to pinpoint areas where immediate completion is feasible. By considering factors such as existing data, knowledge, and resources, we assess our readiness to address each segment (Lewinski et al., 2021). Evaluating our current resources and information availability helps identify segments where we possess sufficient data or understanding to proceed immediately. This strategic approach ensures efficient utilization of our resources and facilitates the swift development of our business model. By prioritizing segments that align with our strengths and capabilities, we can accelerate the creation of a comprehensive BMC that lays the groundwork for our venture’s success.
Which segments do you think might need more work?
Identifying Segments Needing More Work
For the next section of the BUS 400 3-1 Discussion: Business Model Canvas, we will assess the segments of the BMC that might require further analysis or research.
- Consider factors such as complexity, data availability, and strategic importance.
- Identify segments where additional research or analysis is necessary.
- Prioritize these segments based on their impact on the overall business model.
Example
Specific segments of the BMC may require further attention due to complexity, data availability, and strategic importance. Identifying these segments is crucial for prioritizing additional research or analysis. By assessing their impact on the overall business model, we can allocate resources effectively to address areas needing more work. This focused approach ensures that our BMC is thorough and accurately reflects the intricacies of our venture.
Are there any factors or segments you have not considered so far? Which ones? Explain.
Exploring Unconsidered Factors or Segments
In this section of BUS 400 3-1 Discussion: Business Model Canvas, we will reflect on any factors or segments of the BMC that we had not previously considered.
- Evaluate their relevance and potential impact on the business model.
- Think critically about any overlooked factors or segments.
- Consider how addressing these aspects can enhance the completeness and effectiveness of your business model.
Example
Upon reflection, we may discover overlooked factors or segments within the BMC, such as critical partnerships or cost structures. Evaluating their relevance and potential impact on the business model is essential. By addressing these aspects, we can enhance the completeness and effectiveness of our BMC. This critical thinking ensures that no vital components are omitted, leading to a more robust and comprehensive business model.
Please provide at least one specific idea or recommendation to help them address the problem areas in their model. Share any suggestions or tips that you found helpful when researching or working on your business idea.
Peer Responses
When responding to peers, offer specific ideas or recommendations to address any identified problem areas in their business models. Share any helpful suggestions or tips you discovered during your research or work on your business idea.
- Offer insights on how to gather additional data or conduct further analysis to strengthen weaker segments.
- Share resources or tools that could aid in refining the business model canvas.
- Provide advice on seeking feedback from potential customers or industry experts to validate assumptions and improve the model.
Response 01
Consider gathering additional data through market research surveys or interviews to strengthen weaker segments. Use online resources like industry reports or business model canvas templates to refine your BMC. Seek feedback from potential customers or industry experts to validate assumptions and identify areas for improvement. This iterative process will enhance the robustness of your business model.
Response 02
I have addressed the given instructions in one response. Following these instructions, you can quickly write your peer responses to BUS 400 3-1 Discussion: Business Model Canvas without a hassle.
Closing
This How-To Guide allows you to understand the Business Model Canvas in detail. Following the guidelines, you can solve the BUS 400 3-1 Discussion: Business Model Canvas assignment like a pro. Good luck!
In the next module of BUS-400, we will explore the 3-2 MILESTONE ONE.
References
Lewinski, A. A., Crowley, M. J., Miller, C., Bosworth, H. B., Jackson, G. L., Steinhauser, K., White-Clark, C., McCant, F., & Zullig, L. L. (2021). Applied rapid qualitative analysis to develop a contextually appropriate intervention and increase the likelihood of uptake. Medical Care, p. 59, S242–S251.
Setiawan, J., Budiastuti, M. S., Gravitiani, E., & Setyono, P. (2021). Business model canvas (BMC) approach for tourism management strategy of the top selfie raglan, Mt. Merbabu National Park. Geo Journal of Tourism and Geosites, 35(2), 297–303.
