Step by step of how to build an e-commerce business

 

Create a detailed plan step by step of how to build an e-commerce business. Since this is a fictional business, you can be creative with your approach. Research business plans to serve as examples of what you need to include in your business plan. At the end of your plan, include a reflection on what you learned throughout this project and discuss how easy or difficult this would be to implement in the real world.

Implements Appropriate Communication Styles

 

 

Understanding your message’s audience and considering how to adapt your message is key to successful interactions. In this task, you will:

1. Write two emails introducing yourself in a professional workplace setting to two different characters from the scenario below.

2. Demonstrate in a written analysis how each introductory message is adapted to the audience you are addressing.

3. Use the RRM3 D268 Task 1 Template located in the Supporting Documents section below the rubric as a guide to complete this task.

SCENARIO

You work for a corporation with multiple branches across the United States. You have been called to the East Coast headquarters to work on a training program that will be used nationwide. You will be meeting your team members—who come from various branches—for the first time and would like to communicate with them to introduce yourself before arriving. The following list has important information to know about each of their work cultures.

The team is as follows:

• Sarah: At Sarah’s branch at company headquarters, her team values time, efficiency, and direct communication. She typically plans out every minute of her day and expects meetings to have clear agendas with concise information about daily tasks. The culture is low context and values certainty and formality. Sarah has worked in the organization for nearly 20 years.

• Joe: At the company’s Southeast branch, Joe’s team values a relaxed and informal atmosphere. He and his colleagues focus a lot of energy on developing genuine relationships and trust. Joe and his coworkers use a high-context communication style. Joe is the newest hire out of this branch but has been working in the organization for 10 years.

• Blake: At Blake’s branch in the Southwest, his team values collaborating, sharing work, and equally contributing to ideas. The culture tends to focus on equal distribution of workload and people who desire to improve the success of the overall group. They generally communicate in a nonassertive manner. Blake has been working in the organization for 30 years.

• Talia: At Talia’s branch in the Midwest, the culture is friendly and warm. People are very supportive of each other and value kindness and expressions of appreciation. They, at times, have difficulty communicating criticism. They are largely assertive and uncomfortable with silence. Talia was recently promoted, and she has worked for the organization for 5 years.

• Mei: At Mei’s West Coast branch, employees can work in the office building, outside on patios, or on lawn spaces. Their workplace culture is individualistic, and people focus on direct communication. In Mei’s office, workers appreciate diverse and novel ideas. They value discussion and are comfortable with ambiguity. Mei is a recent graduate, and this is their first year at the organization.

Employed as an intern in a large local business

You are employed as an intern in a large local business.
Your internship is coming to an end so your mentor thinks it is time for you to develop
your understanding of business strategy.
You have been directed by your mentor to work on a project where you will conduct
some research on the topic of business strategy, and which will ultimately result in
recommending a strategic option which the business could implement.
To support you with this project your mentor has set you a series of tasks as follows.
Unit Title Principles and Concepts of Strategy
Task 1 of 3
Unit Learning Outcomes Assessment Criteria
LO 1 Understand the principles of business strategy. 1.1, 1.2, 1.3, 1.4
LO 2 Understand key business strategy theories and concepts. 2.1, 2.2, 2.3
LO 4 Understand a business’s strategic options. 4.1
Assignment Brief and Guidance
To demonstrate you have sufficient fundamental knowledge to be able to make a justified
recommendation, you are to produce a report which considers the following; • the
concept of business strategy
• levels of business strategy
• elements of a strategic framework
• a strategy development process
• types of business strategies
• elements of a strategic management process
• key organisational theories which relate to business strategy
• the concept of strategic options

 

Strategic Plan Research

look at a company that is failing or experiencing challenges in the area of financial performance.
Discuss whether the plan:
Clearly states where the organization is going and how it will get there
Evaluates the organization’s external and internal environments
Includes a people plan and addresses achievement of a diverse workforce
Includes corporate social responsibility and environmental sustainability

Credibility Chart

Develop a list of more than and no less than 10 elements you would use to determine the credibility of facts, articles, websites, news, etc.
Thoroughly explain your reason for each element and why it is important
Your response can take the form of a table in Word or MS Excel.
Include at least 4 credible references to support your recommendations

Economic Development

Scenario
You work at the local Chamber of Commerce as the Director of Economic Development and you have been given a task to create a proposal on how the
economy can start to function adequately again after the pandemic. The proposal will be presented to the State Task Force for reopening the economy. You
know your local economy thrives on local and global tourism, with the vast number of theme parks and small businesses counting on tourist dollars to
survive.
Instructions
Using Microsoft Word, create an Economic Development Proposal for the upcoming State Task Force meeting. The proposal should cover the following:
What is meant by global and domestic innovation?
Why is the creative economy important to the health of a nation’s, state, and local economies and, in your opinion, what factors account for the increased
policy attention given to these creative and innovative sectors?
What role does creativity play in innovation in contemporary cultural and economic life?
Provide a recommendation to address the domestic and global innovation needed to boost your local economy.

Planning Toolkit

Scenario
You work for a consulting company in the medical industry as the new Vice President of Innovation and Growth. In your new role, your purpose is the
following:
Lead and test, through trials and refinement, new business partnerships to drive corporate and customer value towards revenue generating solutions.
Initiate, develop, and mature strategic partnerships across business models and in the global economy.
Develop and pioneer new digital capabilities that enhance the user experience to drive better outcomes and cost savings.
Facilitate corporate-wide collaboration, experimentation, and investment in innovative new ideas.
Focus on the transformational shifts in the existing business model, current processes, and capabilities to drive operational efficiency and market
differentiation.
Lead growth and innovation initiatives aimed at disrupting and transforming the business using data analytics and new technologies to transform the current
business model.
In reviewing your current purpose as VP of Innovation and Growth, you noticed the first thing missing is an innovation planning toolkit to help with the
innovation process.
Instructions
In a Microsoft Word document, create an innovation planning toolkit that includes the following:
Introduce the purpose of the innovation planning toolkit
Discuss the reasons for change and innovation in organizations
Determine what planning needs to take place in order to facilitate the change for the organization
Discuss various technologies and tools that could be used to enhance the innovation process
Differentiate how global and domestic innovations impact the organization
Address how R&D can be used to foster innovation
Discuss ethical issues of innovation
Conclusion
Credible resources used for the toolkit

Retirement Plan

Develop a personal retirement plan that identifies required savings before retirement and planned savings and withdrawals before and after retirement. Support your explanation of this plan with the following appendices: A. Annual and monthly savings before retirement (in addition to the required page total). B. Annual and monthly withdrawals after retirement (in addition to the required page total).
Recommend asset allocations that mitigate risk based on the client’s profile, such as age, marital status, and personal risk tolerance, and based on the riskiness of the assets. Provide the following appendix to support the original and changing allocation of asset classes: A. Asset allocation over the life of the plan (in addition to the required page total).

Recruit a workforce to create value

You have been assigned as the Human Resources Director for a multinational company that has offices in Asia and Europe. Your role involves ensuring you recruit a workforce to create value and achieve organisational goals.
You need to staff a new office due to open in Singapore, one of the fastest growing economies. Evaluate the options open to you demonstrating an awareness of ethically sound and accountable international policies.