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INSTRUCTIONS After watching the videos and reviewing the supplied material, there are two choices: You have a population/industry that you are using; please use it to fulfill the requirement
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INSTRUCTIONS
After watching the videos and reviewing the supplied material, there are two choices:- You have a population/industry that you are using; please use it to fulfill the requirement.
- If you do not have a population/industry, then select any that you want. Please feel to select from the list of 7 industries below:
1. Aerospace industry: https://en.wikipedia.org/wiki/Aerospace (Links to an external site.)
2. Arms industry: https://en.wikipedia.org/wiki/Arms_industry (Links to an external site.)
3. Healthcare industry link: https://en.wikipedia.org/wiki/Healthcare_industry (Links to an external site.)
4. Pharmaceutical industry: https://en.wikipedia.org/wiki/Pharmaceutical_industry (Links to an external site.)
5. Philanthropic Industry: https://en.wikipedia.org/wiki/Philanthropy (Links to an external site.)
6. Real Estate Industry: https://www.encyclopedia.com/history/united-states-and-canada/us-history/real-estate-industry (Links to an external site.)
7. Retail Industry: https://en.wikipedia.org/wiki/Retail (Links to an external site.)
- Describe the characteristics of the selected/adopted industry/population and emphasize on the most significant issues.
- Provide a timeline of the industry (adopted/Selected); at least from 1900 until now; graphically and in writing.
- Graphics format to be like the image below and content dependent on your findings.
- Narrative, not to exceed 3 pages in length, excluding graphics.
- Reference using APA guidelines.
Definition of Turbulence
Levels of Environmental Turbulence* - stable and/or turbulent environments are determined by a five point scale (not provided here) and defined by two elements, as follows::
- Unpredictability: Visibility of future, and Speed of change.
- Changeability: Novelty of Events (familiarity), and Complexity, which contains:
- Scope (ranging from local to global), and
- Decision Making and/or Judgements that are affected by interaction of the Entities containing societal institutions, namely: economy, education, environment (ecology), health, marriage & the family, law & order, information & media, politics, religion, technology, and maybe other.
*Levels of Environmental Turbulence: A combined measure of the degree of:
- Unpredictability: produces uncertainty, and
- Changeability: produces discontinuity.
Results of the measure are two types of turbulences:
- Negative: turbulence which poses threats to the firm.
- Positive: turbulence which presents opportunities to the firm
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