The document discusses several challenges and solutions related to business success in a global economy. It first discusses how a focus on efficiency and economies of scale can limit a company's ability to respond to changing customer needs. It then discusses how one successful organization maintained effective communication with virtual teams. Finally, it discusses how the Marketplace simulation and course readings provide potential solutions to these challenges, such as focusing on customer needs, transparency in communication, and flexibility.

1. Essay about Business Challenges
1. The most significant challenge to business success you see in this rapidly changing global
economy;
One significant challenge to business success in this rapidly changing global economy is that
many business are focused on efficiency and economic of scales. Just like the example provided by
Michael H. Hugo on Chapter 1, many companies are focused on lowering operating cost as much as
possible. This is causing for executives not leave any room for unpredicted changes limiting the
company's ability to respond to customer's changing needs.
2. An organization that has been successful in the global marketplace using virtual teams and the
best practices it used (as discussed in Chapter 7 of Business Agility: A Sustainable...show more
content...
While this is a practice enforced throughout the company, it was necessary to make sure that this
communications were clear to the virtual team in order to maintain morale and the team's trust in the
company.
3. How the Marketplace simulation incorporates these challenges into simulation game play;
The Marketplace simulation incorporates these challenges by providing student with real–world
business problems and roles. Team members are challenged to make decisions and used critical
thinking in order to solve this problems virtually. While The Marketplace gives the team the tolls
necessary to have effective communication, ultimately each team members contributes to the overall
success of the team, just like in a real business situation.
4. How your readings and individual self–assessment work provide potential solutions to these
challenges.
The unit's readings have provided many solutions to the challenges businesses encounter nowadays.
To this day, there are many companies that have business plans that concentrate strictly in lowering
operating cost, cut budgets as much as possible and overwork workers that already are overworked.
Some of this solutions include: * Thinking of the costumer's needs and being able to respond to their
ever changing needs * Management needs to be transparent and make sure to communicate with
employees, especially when the organizations is making
Get more content on HelpWriting.net

2. U.S. Foreign Policy Essay
Throughout the course of history, the United States has remained consistent with its national interest
by taking many different actions in foreign policy. There have been both immediate and long term
results of these actions. Foreign policy is the United States policy that defines how we deal with
other countries economically and politically. It is made by congress, the president, and the people.
Some of the motivations for United States foreign policy are national security, economics, and
idealism. The United States entry into World War Iin 1917 and the escalation of the Vietnam War in
1964 and the both had great impact on the United States.
A major type of foreign policy in the 1964 was containment. The Vietnam War was fought
...show
more content...
The goals of this foreign policy was to end communism containment while starting democracies. For
the United States, the war ended in the withdrawal of American troops and the failure of its foreign
policy in Vietnam.
Another major foreign policy action was the entry to World War I. On August 4, 1914 there was an
outbreak in Europe. A war started between the central powers and the allied powers. The central
powers consisted of Germany, Austria–Hungry, and the Ottoman Empire. They were also known as
the Triple Alliance. The Allied Powers, also know as the Triple Entente consisted of Britain,
France, and Russia. An immediate cause of the war was the assassination of Archduke Franz
Ferdinand in 1914. Some long term causes that started the war were militarism, alliances,
imperialism, and nationalism. America tried to keep themselves isolated from the war in Europe.
Before the war, America had an idea of neutrality. Neutrality is when American lives and property is
not threatened. There was great ethnic diversity in the United States which led to a public union
about war. The United States also had the idea of freedom of the seas. This meant the routes for
trading were open. The United States had the desire to trade with both the central and the allied
powers. The United States had a great economic interest in the war at this time. There were many
different
Get more content on HelpWriting.net