Posted: July 13th, 2022

Throughout this unit, several foundational business concepts are presented including the basics of profit, value, and stakeholders. Recall the concept of corporate social responsibility, and the idea that many argue sustainable financial returns are not possible without considering the needs of stakeholders (Boundless, 2016).

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I​‌‍‍‍‌‍‌‍‍‍‌‌‌‍‌‌‌‌‌‌​nstructions:
Throughout this unit, several foundational business concepts are presented including the basics of profit, value, and stakeholders. Recall the concept of corporate social responsibility, and the idea that many argue sustainable financial returns are not possible without considering the needs of stakeholders (Boundless, 2016). Considering this viewpoint, complete the following:
• Can profit maximization co-exist when social considerations are equally valued? Why or why not??
• For additional help with answering this question, watch the video below, The Balanced Scorecard.
During the video, consider the discussion question and how the Balanced Scorecard approach is utilized to measure the health of an organization.
Questions:
Instructions
Scenario:
You are a very successful business entrepreneur that has been invited to participate in a weekly podcast hosted by a will know business reporter. As a courtesy, the reporter has provided you with a sampling of the questions you will be asked.
Using the BU106 Unit 1 Interview Template Download BU106 Unit 1 Interview Template[Word Document], answer each one of the podcast questions.
How do you evaluate the success of your bus​‌‍‍‍‌‍‌‍‍‍‌‌‌‍‌‌‌‌‌‌​iness?
Which factors do you use to make this determination and how are they applied?
Do you find that economic systems play a role when working globally?
How do you address this challenge?
Each question response must be a minimum of 250 words. If you cite a source (which is optional), you are required to include a reference page and in-text citations.
It would be awkward to end an interview without a final statement. Depending on the type of interview you’re posting, you’ll have various options as to how you should end it. Some interviews need closing statements, a much shorter version of the introduction. Other interviews can be closed just by thanking the interviewee for their time. Another option is to ask a question of your audience, consider it a call-to-action of sorts. Get them involved with the interview by asking that they leave a comment with their opinion. When your interview is long, providing a list of take-aways will give you great retweetable social media fodder that readers can clip and share.
Resources
• BU106 Unit 1 Interview Template Download BU106 Unit 1 Interview Template[Word Document]
• Herzing 24/7 Library found in the Student Resource Center
• APA ​‌‍‍‍‌‍‌‍‍‍‌‌‌‍‌‌‌‌‌‌​Citation Wizard

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