Shapiro Library Database: IBISWorld
Shapiro Library Database: MarketLine
BUS 225 Mission One Pointers and Rubric
Competency
In this main share of a four-share venture series, you are going to show your mastery of the following competency:
- Utilize data from alternate and scholarly sources to uncover boom solving and decision making
Scenario
You are the sales department supervisor for a U.S.-based company that builds engines for the automobile manufacturing alternate. Your organization is enthusiastic with diversifying into diverse alternate alternatives where your motors will also be equipped to bolster the corporate’s portfolio and enlarge earnings. According to your data of the national sales panorama, your supervisor would much like you to conduct preliminary research and prepare a presentation along with your recommendation for a increase alternative in a chosen alternate that can enable for this diversification through elevated sales. You have been requested to new on the following stakeholder assembly, where you are going to cope with inner and exterior stakeholders from throughout the corporate, much like possibilities, merchants, and suppliers.
As a preliminary step in rising this presentation, your supervisor would admire to have a study an govt abstract of your research findings and evaluate your decision modeling.
Directions
Total the Mission One Template, linked within the What to Publish allotment below, and submit it for teacher strategies.
Phase 1: Outline
You are going to first conduct research on the U.S.-based automobile manufacturing alternate. Then prepare an prognosis file that addresses the following criteria:
- Outline the difficulty.
- Direct the form of qualitative and quantitative data you are going to be focused on in your research.
- Provide to take into accounta good description of the U.S. automobile manufacturing alternate and its label. Encompass the following data:
- Total label of the alternate
- Gross sales by save
- Command the new trends within the automobile market.
- The pattern against distinct sorts of motors for the autos being made and equipped, much like electric and hybrid
- Traits in customer requires much like automobile coloration, further capabilities, and sorts
- Traits within the physique sorts of autos equipped (SUVs, trucks, sedans)
Phase 2: Research
In Module One, you are going to select one more that you just judge would provide alternative to your organization. The usage of alternate-explicit and scholarly resources to uncover your decision, prepare one more prognosis file that involves the following data:
- Provide to take into accounta good description of the chosen alternate.
- Command the overall great thing about the alternate.
- Is this one more that has reasonably heaps of increase probably?
- What initiating air factors are affecting its increase?
- Name the factors which have allowed competitors to be profitable in this alternate to this level.
- Summarize the overall label of the alternate.
- How is the alternate at show trending?
- Are there any limitations to entry? To illustrate, is the contemporary alternate extra regulated due to your engine shall be placed in a health center laboratory.
- Summarize the sales. Speculate if sales range based on the save of the country. To illustrate, there would be only some snowplow sales within the southern United States.
- Outline expected increase areas.
- Command the overall great thing about the alternate.
- Command the new market trends for the chosen alternate.
- What providers or products are trending?
- What are some new customer requires?
- Produce a Porter’s 5 Forces prognosis to search out out the probably success of shifting into this chosen alternate.
- Direct your rationale.
Phase 3: Compare
Compare the 2 industries and summarize your findings. You are going to first conduct research on Porter’s 5 Forces utilizing an internet search engine. The usage of what you have gotten realized, apply your data to the following prompts:
- Produce a Porter’s 5 Forces prognosis to evaluate the 2 industries.
- Summarize how your findings cope with the difficulty.
What to Publish
To full this venture, submit an govt abstract file of three to 4 pages utilizing the equipped templates, or the document you downloaded from Soomo. Sources needs to be cited in step with APA model.
Supporting Materials
The next resources toughen your work on the venture:
- Mission One Template
- Porter's 5 Forces Template PPT
- Shapiro Library Database: IBISWorld
- Shapiro Library Database: MarketLine
Mission One Rubric
CriteriaExceeds Expectations (100%)Meets Expectations (85%)Partly Meets Expectations (55%)Does No longer Meet Expectations (0%)PriceOutline the Self-disciplineExceeds expectations in an exceptionally determined, insightful, sophisticated, or inventive mannerDefines the difficulty, including describing the types of data neededShows progress against assembly expectations, however with errors or omissions; areas for enchancment would maybe well seemingly embody wrong definition of the difficulty or identification of the types of dataDoes now not strive criterion5Description of the U.S. Automotive Manufacturing IndustryExceeds expectations in an exceptionally determined, insightful, sophisticated, or inventive mannerProvides to take into accounta good description of the U.S. automobile manufacturing alternate and its valueShows progress against assembly expectations, however with errors or omissions; areas for enchancment would maybe well seemingly embody descriptions lacking in detail or wrong descriptionsDoes now not strive criterion10Fresh Automotive Market TraitsExceeds expectations in an exceptionally determined, insightful, sophisticated, or inventive mannerDescribes the new automobile market trendsShows progress against assembly expectations, however with errors or omissions; areas for enchancment would maybe well seemingly embody missing key parts or wrong descriptionsDoes now not strive criterion10Description of the Chosen IndustryExceeds expectations in an exceptionally determined, insightful, sophisticated, or inventive mannerProvides to take into accounta good description of the chosen industryShows progress against assembly expectations, however with errors or omissions; areas for enchancment would maybe well seemingly embody missing key parts or wrong descriptionsDoes now not strive criterion10Fresh Market Traits for the Chosen IndustryExceeds expectations in an exceptionally determined, insightful, sophisticated, or inventive mannerDescribes the new market trends for the chosen industryShows progress against assembly expectations, however with errors or omissions; areas for enchancment would maybe well seemingly embody wrong trends or incomplete descriptionsDoes now not strive criterion10Produce a Porter’s 5 Forces Evaluation According to the Chosen IndustryExceeds expectations in an exceptionally determined, insightful, sophisticated, or inventive mannerPerforms a Porter’s 5 Forces prognosis based on the chosen alternate particulars to search out out the probably success of shifting into this industryShows progress against assembly expectations, however with errors or omissions; areas for enchancment would maybe well seemingly embody incomplete model or missing rationaleDoes now not strive criterion10Produce a Porter’s 5 Forces Evaluation to Compare Both IndustriesExceeds expectations in an exceptionally determined, insightful, sophisticated, or inventive mannerPerforms a Porter’s 5 Forces prognosis to evaluate each and every industriesShows progress against assembly expectations, however with errors or omissions; areas for enchancment would maybe well seemingly embody missing model parts or wrong comparability of industriesDoes now not strive criterion10Summary of FindingsExceeds expectations in an exceptionally determined, insightful, sophisticated, or inventive mannerSummarizes how findings cope with the problemShows progress against assembly expectations, however with errors or omissions; areas for enchancment would maybe well seemingly embody abstract lacking in detail or now not addressing the problemDoes now not strive criterion15Certain Verbal replaceExceeds expectations with an intentional use of language that promotes a thorough understandingConsistently and effectively communicates in an organized manner to a explicit audienceShows progress against assembly expectations, however dialog is inconsistent or ineffective in a manner that negatively impacts understandingShows no evidence of consistent, efficient, or organized communication10Citations and AttributionsMakes use of citations for ideas requiring attribution, with few or no minor errorsUses citations for ideas requiring attribution, with consistent minor errorsUses citations for ideas requiring attribution, with predominant errorsDoes now not use citations for ideas requiring attribution10Total:100%
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BUS225PortersFiveForcesTemplate.pptx
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BUS225ProjectOneTemplate.docx
Contention among reward competitors
Bargaining strength of suppliers
Bargaining strength of shoppers
Risk of replace products
Risk of most up-to-date entrants
Contention among reward competitors
[insert text]
Risk of most up-to-date entrants
[insert text]
Bargaining strength of suppliers
[insert text]
Bargaining strength of shoppers
[insert text]
Risk of replace products
[insert text]
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BUS 225 Mission One Template
[Replace the bracketed text with your responses. Remove this note before submitting this project to your instructor.]
Govt Summary
[Date]
Description of Self-discipline
[Insert text.]
Description of the Fresh U.S. Automotive Manufacturing Industry and Its Price
[Insert text.]
Fresh Automotive Market Traits
[Insert text.]
Description of the Contemporary Industry
[Insert text.]
Fresh Market Traits within the Contemporary Industry
[Insert text.]
Evaluation
Rationalization From Porter’s 5 Forces Evaluation of the Contemporary Industry
[Insert text.]
Risk of Contemporary Entrants
[Insert text.]
Risk of Substitute Merchandise
[Insert text.]
Bargaining Energy of Traders and Suppliers
[Insert text.]
Compare
Summary of Findings From Porter’s 5 Forces Evaluation Evaluating Both Industries
[Insert text.]
Summary
Summary of How Findings Address the Self-discipline
[Insert text.]
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