Identify how changes in the external environment affect the OM strategy for a company. For instance, discuss what impact the following external factors might have on OM strategy: a. Major increases in oil prices. b. Water- and air-quality legislation. c. Fewer young prospective employees entering the labor market. d. Inflation versus stable prices. e. Legislation moving health insurance from a pretax benefit to taxable income

How can Cigna insurance relate to these questions? What is and should be the relationship between an organization’s mission and its strategy? What are the key advantages and disadvantages of outsourcing and offshoring, and should these practices be regulated?  Explain why or why not! Why do stakeholders in the same organization often have different goals?  Would it not be best if they shared the same goals?  Explain your findings! Research a recent example of a company’s ethical violation in the news and briefly describe what you believe went wrong by covering the who, what when and were of the incident.

Discuss any compliance and/or regulatory issues you think would be involved in the companies you have selected as they relate to the cost of the products made. For example, are there strict regulations on product pricing, tariffs imposed on raw materials needed to make the products, strict regulations on the wages paid to workers, etc. The compainies I choose was Verizon (United States) and Vadophone (Italy) in the telecomunications industry This is a 5301 Managerial Applications of Accounting

#4 How does a government agency raise revenue differently from a private company, and how does that affect the way government decisions are made, compared to business decisions?