Business Finance Homework Help

Part 1(a)(100-200 words, please use 2 references that are websites and based in the United stated. Also in-text citations.)

For my Case Analysis, I chose the NFL’s Rooney Rule, the interviewing initiative concerning minority head coaches and executive candidates. What I learned is even a company as big and popular as the NFL still suffers from a lack of diversity when it comes to hiring executives and head coaches. The NFL was lacking so much with inclusion that they created a rule to facilitate interviews for minority candidates. This initiative is a form of affirmative strategy, even though the candidates didn’t have to be actually hired.

Before conducting the analysis, I thought the Rooney Rule was a good initiative to create opportunities for overlooked candidates, but the more research I did, the more I saw it was a rule put in place to appease the public’s idea of what inclusion and diversity looked like. Sham interviews were conducted, only one team has been held accountable since the beginning of the process in 2002 and instead of actual change, a show was put on to stay away from any lawsuits. To say the process was more involved than I realized would be an understatement. I learned about different hiring practices and how insulated a big company can be to protect its way of doing business and interests. I came to the conclusion that the Rooney Rule isn’t effective as constructed and there needs to be a different way of doing things going forward to promote actual change.

Part 1(b)(100-200 words, please use 2 references that are websites and based in the United stated. Also in-text citations.)

For my case analysis I chose Uber. Uber is a ride sharing company that has faced financial hardship due to the global pandemic and unfair government regulations which detrimental to their growth capacity. I have learned to follow the 9 steps for a proper case analysis. I have invested a good portion of money in Uber thinking that just because a company has a great business idea that it will be profitable in the long run. However, I have lost a lot of money in the short-term and their financials are somewhat concerning. Developing an unbiased approach to case analysis is essential to my growth as a leader and project manager. I am thankful for all the lessons that I have learned throughout this class.

Best regards,

Pam C.

Part 2(a)(100-200 words, please use 2 references that are websites and based in the United stated. Also in-text citations.)

All listed countries such as Egypt, India, Israel, Malaysia, Hungary and the Philippines are the developing countries where the labor cost is way lower than US. Therefore, there is a huge benefit for the US to outsource their software developments in those countries as it’s way cheeper to do so compare to develop them in the US. “The primary reason why companies choose to outsource software development is to save costs. In competitive industries, such as healthcare and IT, these savings are often passed on the consumers as companies aim to offer a more competitive solution in their specific field or niche” (Mankovskaya, 2020). “India is probably the first country you think of when you hear the term “outsourcing”, and with good reason. India is the second largest English speaking country in the world, making it an ideal choice for US or UK employers interested in outsourcing” (Gunn, 2021).

I don’t really think that those countries will become a major threat as the US is way ahead of those countries and they are basically “too big to fail”. As companies in the US are innovators and they have the world’s top talent with them, all the important assignments such as innovation and research are done by these companies itself and they only outsource the less important software to these countries. “Education levels in many countries have surpassed economic conditions. Places such as Eastern Europe, parts of Asia, etc, now have a large educated, English speaking talent pool that companies can draw from. Because of the lower wages, it allows them to get more for their money than they would in North America. Software development has become a major field that companies have been outsourcing in recent years. This practice has so far been a great success, as the outsourced developers can deliver the same level of quality as those in North America” (Mankovskaya, 2020).

Mankovskaya, J. (2020, April 17). Why outsourcing software development is a good option for North American companies? Daxx Software Development Teams. Retrieved October 21, 2021, from https://www.daxx.com/blog/development-trends/outsourcing-software-development-north-american-companies.

Gunn, D. (2021, August 12). 10 best countries to outsource software development, based on Data. CodeinWP. Retrieved October 21, 2021, from https://www.codeinwp.com/blog/best-countries-to-outsource-software-development/.

Part 2(b)(100-200 words, please use 2 references that are websites and based in the United stated. Also in-text citations.)

According to the textbook, “Reducing production costs by taking advantage of lower wages in another country is often essential to keeping a company’s products competitively priced.” (Wild & Wild, 2019, p.362). In my opinion, there are three main factors that facilitate U.S. based software multinationals’ outsourcing in developing countries.

First, the internet and cloud technologies make it possible to relocate even in remote areas activities like software engineering, programming, applications developments etc.

Second, it’s commonly known that wages for developing countries’ graduates are much lower than the one of their American’s colleagues. That is, according to Bank of America, an Indian software engineer is paid about $ 20 per hour, compared to $ 80 of a U.S.’s peer, while a financial analyst can earn $ 1,000 a month on equal terms, compared to $ 7,000 of his U.S. counterparts (Fitzpatrick, 2018).

Lastly, in the past two decades American universities have trained generations of foreign graduates in computer science. When these professionals return home, very often they remain in contact with western companies, creating the conditions for FDI’s in their home countries. The presence of large groups of skilled employees, combined with the knowledge of the U.S.’s universities former students about the American corporate environment, offer these specialized workers opportunities to find rewarding jobs without having to emigrate.

Based on the above last point, I don’t think that industries in those developing countries represent a danger for U.S.’s corporations. Many of those nations are characterized by higher levels on inequalities within their populations. Furthermore, the advance of new technologies will lead to widespread job losses, that will worsen unemployment where people have lower labor skills.

However, the fourth industrial revolution is gathering steam, but unless the U.S. can continue to attract the best talents from overseas, while also educating a domestic workforce suited to the jobs to come, this time it might not be an American revolution (Mims, 2018).

References

Fitzpatrick, L. (2021, June 17). Which Countries Pay the Highest Salaries for Teaching Abroad? Go Overseas. Retrieved October 21, 2021, from https://www.gooverseas.com/blog/countries-pay-high…

Mims, C. (2018, November 12). Inside the New Industrial Revolution. The Wall Street Journal. Retrieved October 21, 2021, from https://www.wsj.com/articles/inside-the-new-indust…

Wild, J., & Wild, K. (2019). International Business: The Challenges of Globalization. Pearson.