Business Cap DF Discussion – Answers to Questions Answer to Q1a Most importantly, firms today operate in a global setting, where local influences might have severe repercussions across other areas around the world. In this regard, there are some reasons why the United States firms must worry if earthquakes, tsunami, or related incidents hit Japan. While such events could have a significant market on the Japanese markets, including lowering the purchasing power of individuals, such effects would also face U.S based firms. The imports from and exports to Japan would also slow as the proportion of the country’s sectors experience considerable effects. Japan also plays a pertinent function in the global supply chains as both a supplier and producer of products. A small disruption in the production, as well as the distribution of goods, could negatively influence the just-in-time processes. Japan’s production of electronics, vehicles, and semiconductors may include most likely many of the United States firms that depend on Japan for critical parts, including batteries and electrical components, among others. There is also a concern regarding speculation in currency…

CHALLENGES FACED BY BUSINESSES IN IT INVESTMENTS Question 1. Challenges faced by businesses in the application of the holistic framework for the business impact of their IT investments Selecting the right technology as per the needs of the company Investment in new technologies might seem like a challenging and frustrating mission. The many reports of unsuccessful initiatives, the proliferation of options, and the risk of selecting the wrong tools will lead any company to a reluctance to obtain new developments. Enterprises must make a move to stay competitive (Moreno, 2019). The good news is that you don’t have to make rash or new choices since there are essential things to consider once you make a decision. Integration of applications Developing software is also another obstacle frequently faced by companies. New technologies cannot fit well with older computers or outdated systems. Individual systems often prove to be a problem because they operate in practice and cannot be incorporated. As a consequence, organizational and employee productivity can have a significant effect, such as integration problems such as duplication of tasks and failure…

BUSINESS COMMUNICATION Ramsaran-Fowdar, R. R., & Fowdar, S. (2013). The implications of Facebook marketing for organizations. Contemporary Management Research, 9(1). The authors have a strong background in social media marketing and their economic impact on organizations. As such, the authors utilize a competent approach to exemplify how social media has impacted an organization’s online business portfolio. The article targets an audience who utilize social media platforms such as Facebook to market their products and services online (Ramsaran-Fowdar & Fowdar, 2013). The authors show that Facebook poses positive financial impacts on firms using the online platform to showcase their products and services. Besides, the research by Ramsaran and Fowdar compares to the report provided by Pogrebniak in that they evaluate Facebook’s global economic impact relative to enterprises using the platform to advertise their products. However, the article contrasts by stipulating that little information is specific on Facebook’s financial impacts contrary to stipulations provided by Pogrebniak. The article clearly illuminates my bibliography topic since it sheds light on the financial impact of Facebook in marketing. Pogrebniak, V. (2015). Managing Groups on Facebook as a…

Business Continuity Plan for a chosen organization Introduction Business Continuity Planning mainly involves the creation of a system that can prevent a potential disaster or threat. The purpose of creating a BCP is to ensure that assets of the organization are protected, and key stakeholders play an essential role in preparing the plan. Here, a BCP shall be prepared for an IT company that hosts several servers for thousands of clients. The basic activities that BCP can manage effectively shall be outlined. Following that, plans will be prepared for relocating the office to an alternate site. The total expenditure comprising of necessary activities and costs shall be outlined as well. BCP for the organization Cantey Technology, a reputed IT company based in South Carolina, hosts servers and has thousands of clients (Cantey Technology, 2020). It is natural that the business would face issues in its operations in case of any fire-related incident. The network infrastructure and computer hardware are at-risk position. The entire operations of the firm might get hampered if the infrastructure gets damaged due to sudden fire. The…

Business Continuity:BCP for a selected financial institution Introduction An organization operating in the digital age might face potential threats due to natural or human-made disasters. BCP or Business Continuity Planning helps in resolving or preventing the threats and protecting the digital as well as the physical assets of the firm. Therefore, a BCP involves assessment of risks, implementation of safety procedures, and review or monitoring of the process. Here, A BCP shall be prepared for Wells Fargo & Company, a US-based financial service provider. Thereafter, the fundamental activities managed by the plan shall be outlined. A plan for an alternate site for relocation shall be considered, and an approximate budget will be illustrated outlining the costs and activities. BCP for a financial institution Wells Fargo has been one of the leading providers of financial services in the US for the last 160 years. It is headquartered in California, US, and considered the fourth leading bank in the country (Wellsfargo.com, 2020). It committed to serving small businesses and offers mortgages, investing, commercial services, and credit cards to clients. Consequently, online operations…

Business Continuity and Disaster Recovery Plan The Hurricane Katrina disaster affected many organizations causing damage. One of the companies affected by the disaster is Direct NIC, domain registration and web hosting company in New Orleans. The disaster did not affect the main centre of the company because it was on the 11th floor, but the support team was displaced from New Orleans to Houston. The organization was not prepared for the unexpected since most of the remote centers were affected severely, and the structure damaged displacing the support team.  The company lacked written business continuity and disaster recovery plan that helps to ensure business resumes operations efficiently and also recover property and save employees’ lives (Bradley, 2015). Hurricane Katrina was a disaster that triggered the Direct NIC Company to realize that they were not ready to respond to any disaster. An employee shared the experience in a live stream, explaining how horrific the disaster was. The employee explained that they did not understand the best approach to save the organization resources and also their life safety. The company IT infrastructure…

Business Continuity Planner Project Introduction In today’s rapidly changing environment, encountering risks and identifying threat areas for businesses operating in different industries is gradually becoming a norm. This development is facilitated by the emergence of the concept of Business Continuity Planning (BCP). BCP allows businesses to resume operations after a negative impact(s) brought about by unfavourable circumstances (Austin, 2017). These circumstances may range from significant disasters such as infernos and earthquakes to less threatening events such as loss of network resource and power outages, that can quickly escalate from minor emergencies to full-blown disasters (Federal Emergency Management Agency (FEMA), 2013). BCP allows businesses to protect themselves and recover from hazards. Goals and Objectives The primary purpose of this BCP is to reduce the impact of disasters/hazards on the overall performance of businesses, prevent loss of life, and minimize the damage of business property. This activity includes: Effectively reduce the number of decisions to be made in the event of a disaster Eliminate over-reliance on a single individual during a disaster Minimize trial-and-error actions during a crisis; and Reduce the need…

Business Debt Financing           Debt financing is the method of raising extra capital that is used for funding many projects designed by institutions. Governments borrow money from the public by selling government securities and treasury bills (Godlewski, 2008). It can also raise money by borrowing from international monetary fund institutions, for instance, word bank, global monetary fund, global Bank for Reconstruction and development to supplement the existing money. Business institutions borrow money from banks, issuers, selling debentures to mention a few to fund their objectives. The paper analyzes syndicated loans that are issued out to a group of investors and businesses to assist them to fulfill the financing functions of the Company. A case study of Broadcom company, an American company that deals with manufacturing products, infrastructure software, developer, and designer, acquired Qualcom for $121 billion. The enterprise sought $100 billion from great financial institutions, for example, BMO Capital Markets, RBC Capital markets, Deutsche Bank, Scotia Bank, Bank of America Merrill Lynch to buy qualcom. Syndicate loans           Loans issued to governments and businesses to fund large investment projects (Fight, 2004).The liability…

Business Ethical Decision Introduction In every business or organization, following business ethics is a must for business. Without this, the organization might not succeed or reach the organization’s goals. For a company to be able to uphold a good profit picture to the public, they have to ensure that they follow all the business ethics. This means that business management has to look for the various ways in which they will uphold all the business ethics frameworks. This means that the organization needs to have a sit down to evaluate right or wrong in business. This is an important step that should be undertaken by every business. With the current economic problem facing Smooth Ride Tires, there is a pressing need for them to evaluate the lawful means they can use to get themselves out of the situation as well as upholding their name. The company’s motivations as per the situation are not good for business. They are not ethical for business and a bad idea for their image. Once the stakeholders’ daughter decides to take this matter to the…