Business Plan
This is the first milestone of your business plan—the choice of business. Choose a business to create and complete the following:
Tasks:
Complete the following tasks:
Using the Internet research different projects or initiatives that could be implemented in the business areas covered by the Master of Science in Human Resource Management [MS_HRM]) program.
- Create a 4- to 5-page research paper that includes:
- An explanation of the initiative, its mission, its vision, its core beliefs and culture, and its social responsibility commitment, if applicable.
- A comprehensive venture description, including the industry in which it will be participating, the type of organization it will be, the needs to be satisfied by this initiative, the strategic advantage it has, and the legal structure it will take.
- A justification of the choice of this initiative for your final project. (You can use what you have learned throughout the program.)
- A description of the research methods used to assess the feasibility of this opportunity (e.g., surveys or statistics), including a succinct strengths, weaknesses, opportunities, and threats (SWOT) analysis, to address industry trends, environmental trends, the target audience, and the competition.
- Be sure to cite sources in the APA format
I have also attached an example of a paper that was given to us by the professor showing how the assignment should be done.
This assignment is worth 100 points and will be graded according to the following rubric.
| Assignment Components |
Proficient |
Maximum Points |
|
Explain initiative, its mission, core beliefs and culture, and the social responsibility commitment, if applicable. |
Explanation of the initiative is clear and complete. It provides specificity in terms of mission, core believes and culture, and the social responsibility commitment, where applicable. |
20 |
|
Provide a comprehensive venture description, including the industry it will be participating, the type of organization, the needs to be satisfied with this initiative, the strategic advantage, and the legal structure. |
Venture description is clear and complete. It includes details about the industry and type of organization. Specific needs to be satisfied are identified, and how the initiative will satisfy those needs is clear and appropriate. The strategic advantage and legal structure are identified and described. |
24 |
|
Using what you have learned throughout the program, justify the choice of this organization for your final project. |
Justification is clear, focused, and reasonable. Specific evidence from scholarly sources is used to support the justification. |
20 |
|
Describe the research methods used to assess the feasibility of this opportunity (surveys, statistics, etc.), including a succinct SWOT analysis, to address industry trends, environmental trends, the target audience, and the competition. |
Research methods identified are appropriate to assess the feasibility of the opportunity. Description includes a SWOT analysis that addresses industry trends, environmental trends, the target audience, and other competition. |
24 |
|
Write in a clear, concise, and organized manner; demonstrate ethical scholarship in accurate representation and attribution of sources; display accurate spelling, grammar, and punctuation. |
Wrote in a clear, concise, and organized manner; demonstrated ethical scholarship in accurate representation and attribution of sources; displayed accurate spelling, grammar, and punctuation. |
12 |
| Total: |
100 |
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