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Explain how you will ensure that the project operates in a legally and ethically compliant environment, including relevant laws, regulations, or patents or permits that may need to be obtained.

Assumption and Contingency Planning for Amazon Eye wear

Submit the assumptions and contingency planning, which includes your explanation of assumptions you have made in creating your business implementation plan, any factors that may affect those assumptions or the success of the project, and how you have planned for those contingencies. At a minimum, you should discuss any cross-cultural, economic, and geopolitical factors that may impact the business environment and concept; how you will ensure that the project operates in a legally and ethically compliant environment, including relevant laws, regulations, or patents or permits that may need to be obtained; plans for incorporating stakeholder and customer diversity into planning and implementation of the concept; and the role corporate social responsibility will play in the implementation of your concept.

Assumptions and Contingency Planning

One of the problems in this section, especially when one is working inside of an existing organization is simply to report out on what that organization is doing on the topics below. For instance, one may refer to Target’s existing corporate social responsibility efforts if one is working on a project that involves Target. Because this is a graduate-level course, and indeed because this is a graduate-level capstone course, it is necessary for you to bring forward how you, within the context of your project, will address each of these topics. Providing information that you sourced off of the website, or even your own knowledge, about existing approaches toward the topics in this section is not the activity needed in this section. Rather, it is necessary for you, as a leader of your project, to decide how you will address each of these topics within the context of your project.

Assumptions and Contingency Planning

Explains the assumptions behind the plan and includes a discussion of any factors that may affect the assumptions or success of the project and contingency planning
Cross-cultural, Economic, and Geopolitical Factors
Discusses cross-cultural, economic, and geopolitical factors that may impact the business environment and concept

Even if your project is a local project, there still quite a lot of work that can be done in this section. Here’s an example: Aside from certain craftspeople, almost everything that we could market to potential customers has a geopolitical element.

Small clothing store? How can you be certain that the clothing you sell was made in a way that did not exploit people in foreign countries? Landscaping business?

How will be global mobility of various pests and other insects affect your business?

How can you be certain that your employing people in a way that does not exploit any undocumented workers? Daycare in Minneapolis?

What can you do to make sure that you are making the nation’s largest concentration of Somalis welcome at your facility?

Legally and Ethically Compliant Environment

Explain how you will ensure that the project operates in a legally and ethically compliant environment, including relevant laws, regulations, or patents or permits that may need to be obtained.

Stakeholder and Customer Diversity

Outlines plans for incorporating stakeholder and customer diversity into planning and implementation of the concept

Corporate Social Responsibility

Discusses the role corporate social responsibility will play in the implementation of the concept