Module 2 – CaseStrategic Advantage: Analytics and EconomicsAssignment Overview
Economic Implications of Organizational Strategies
Most college students take at least one undergraduate economics class, which they often quickly forget. When the pandemic created a global economic event, the lessons of that class became more critical as businesses navigated uncertain circumstances. This case will allow you to expand what you learned in Trident’s MBA Economics course.
Case 2 Resources
The Relationship between an Organization and its Environment (2022)Evaluating the General Environment (2022)Resource-Based View (2022) Leadership: Business Economics Insights (2022)Managing Operations: Sustainable and inclusive growth: A weekly briefing (2022) Data Analytics: Artificial intelligence and data analytics can unlock new economic opportunities (2022) Financial: The Impact of Recessions on Businesses (2022) Marketing: 7 Keys To Marketing Under Economic Adversity (2022) Ethics: The CSR Pyramid: Economic, Legal, Ethical, And Philanthropic Responsibility (2022)
Case Assignment
Using Economics to Guide Strategy
The global economy will function differently in the foreseeable future due to the effects of pandemic disruptions, a war in Europe, and inflation. The term “new normal” is being used as organizations figure out how to leverage environmental analyses and develop strategies in uncertain times. As with all of the other strategies undertaken thus far in class, a multidisciplinary approach is necessary.
While not focusing on a single business or industry, research how strategic management is facilitating plans to support organizations in the post-COVID economy. Use quality research published within the last year. Articles from the library databases are a good choice. Library databases allow searching by date. In Google search, click “Tools” and enter the date range.
- Leadership: Look at the management planning function under economic uncertainty. (1 page).
- Managing Operations: Assess how operations can be scaled to support changing economic conditions (1 page).
- Data Analytics: The role of data analysis. (1 page).
- Financial: Examine accounting/finance practices that can be applied. (1 page).
- Marketing: Consider how marketers contribute. (1 page).
- Ethics: Include ethical concerns. (1 page).
Making Connections
- Explain how Strategic Management provides a foundation for the cross-functional teams to join forces to steer an organization in economic uncertainty. (1 page; research required)
No quotations are permitted in this paper. Since you are engaging in research, cite and reference the sources in APA format. NOTE: Failure to use research with accompanying citations to support content will result in reduced scoring “Level 2-Developing” across the grading rubric. This is a professional paper, not a personal one based on feelings. It must be written in the third person. This means words like “I,” “we,” and “you” are not appropriate.
