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  • [Solved] CMAP 605

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    – 2 years ago **files (2)** – ## Unit8AssignmentDirections_Project3_PaperforCybersecurityConferenceINSTRUCTION.html – ## RubricforCMAPAssign8Project3PaperforCybersecurityConference.docx **## Unit8AssignmentDirections_Project3_PaperforCybersecurityConferenceINSTRUCTION.html** ![](https://www.swee…

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    **files (2)**

    – ## Unit8AssignmentDirections_Project3_PaperforCybersecurityConferenceINSTRUCTION.html

    – ## RubricforCMAPAssign8Project3PaperforCybersecurityConference.docx

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    ## Unit 8 Assignment Directions: Project 3: Paper for Cybersecurity Conference

    Read the scenario and then write a white paper that follows all the steps listed below. For more information on writing
    [white papers](https://www.investopedia.com/terms/w/whitepaper.asp), visit the
    [UMGC Library Writing Center](https://www.umgc.edu/current-students/learning-resources/writing-center).

    ### Scenario

    Your company requires you to present a white paper at a cybersecurity conference. The conference can be local, national, or international (e.g., InfoSec World, IEEEs Symposium on Security and Policy, or National Cyber Summit).

    The following outlines the steps necessary to create a white paper focusing on ransomware security planning and risk management for a specific company that has been attacked.

    ### Steps

    – Research:
    – Review recent ransomware incidents, responses, and outcomes.
    – Choose one company within an industry (e.g., healthcare, finance, education, technology, services, or retail) that has been attacked (e.g., the ICBC Bank attack in 2023).
    – Paper Structure:
    – Abstract (100-150 words): Briefly summarize the paper's purpose and key points.
    – Current State/Risk Analysis:
    – Discuss your chosen company by providing details about the company including its mission statement, status as a private or public entity, its size, and any global considerations.
    – Discuss the growing threat of ransomware with statistics.
    – Analyze the vulnerabilities to ransomware of your chosen company's industry.
    – Explain the specific ransomware attack on your chosen company.
    – Security Requirements:
    – Describe, if possible, the security mechanisms the company had before the attack.
    – Recommend three significant security goals for the company based on industry standards.
    – Address the CIA triad (Confidentiality, Integrity, Availability) for the company.
    – Recommended Controls:
    – Explain specific controls to implement for each security goal you listed.
    – Accountability:
    – Assign security plan responsibilities to specific company departmental or team titles (for example, the incident response team).
    – Discuss employee roles and responsibilities within the security plan.
    – Timetable:
    – Provide a general timeline for implementing the security plan.
    – Maintenance:
    – Discuss how often to review the plan and update equipment/software.
    – Briefly mention any employee training and management support required for the security plan.
    – Legal Considerations:
    – Discuss intellectual property and employee/employer rights related to the security plan.
    – Identify a relevant law (e.g., HIPAA) the company should consider.
    – Ethical Concerns:
    – Discuss the use of AI and its impact on the plan.
    – Address ethical concerns with employee monitoring, whistleblowing, and privacy.
    – Policy Examples:
    – Generate at least three security policies and provide justifications for each.
    – Briefly discuss policy-enforcement methods.
    – Conclusion:
    – Summarize your proposed security plan for the chosen company.

    ### Requirements

    – Your paper should be 10—12 pages in length not including the title page or references.
    – Include:
    – A Title page, with your name
    – An Abstract on the second page
    – A References section
    – Ensure you have used professional wording and have written with clarity for the client in mind.
    – Use in-text citations in the paper to support your points.
    – Follow APA 7 format for the entire paper, including references and citations.

    ### Submission

    – Review the Unit 8 Project 3 Grading Rubric to understand how you will be assessed on this assignment.

    Due Tuesday by 11:59 PM ET.

    © 2025
    University of Maryland Global Campus

    All links to external sites were verified at the time of
    publication. UMGC is not responsible for the validity or integrity of
    information located at external sites.

    **## RubricforCMAPAssign8Project3PaperforCybersecurityConference.docx**

    | | | | | | | |
    | — | — | — | — | — | — | — |
    | Criteria | **Exceeds Expectations** | **Meets Expectations** | **Approaches Expectations** | **Needs Improvement** | **No Submission** | **Criterion Score** |
    | Requirements | 60 points<br>Includes all (100%) required components, as specified in the assignment. | 40 points<br>Includes most (75%) components, as specified in the assignment. | 20 points<br>Includes some (75%) components, as specified in the assignment. | 10 points<br>Is missing more than 75% of components required in the assignment. | 0 points<br>No submission. | Score of Requirements,<br>/ 60 |
    | Content | 60 points<br>Demonstrates strong knowledge of the materials; correctly represents knowledge from the readings and resources. | 40 points<br>Demonstrates adequate knowledge of the materials; mostly represents knowledge from the readings and resources correctly. | 20 points<br>Demonstrates a major lack of knowledge of the materials or misrepresents the readings and resources. | 10 points<br>Fails to demonstrate knowledge of the materials. | 0 points<br>No submission. | Score of Content,<br>/ 60 |
    | Critical Analysis | 40 points<br>Provides a strong critical analysis and interpretation of the information given. | 20 points<br>Provides an adequate analysis and interpretation; some significant but not major errors or omissions occur. | 10 points<br>Provides only surface analysis and interpretation, and major errors or omissions occur. | 5 points<br>Fails to provide critical analysis, and no interpretation of the information given. | 0 points<br>No submission. | Score of Critical Analysis,<br>/ 40 |
    | Sources / Examples | 20 points<br>Sources meet the requirements set forth in assignment and support the project. | 10 points<br>Sources meet requirements but only adequately support the project. | 8 points<br>Sources meet requirements but poorly support the project. | 5 points<br>Sources do not meet the requirements. | 0 points<br>No submission. | Score of Sources / Examples,<br>/ 20 |
    | Evidence of Skills | 20 points<br>Demonstrates mastery of risk management skills. | 10 points<br>Meets expectations in risk management skills. | 8 points<br>Approaches expectations of risk management skills. | 5 points<br>Needs improvement in demonstrating understanding of risk management skills. | 0 points<br>No submission. | Score of Evidence of Skills,<br>/ 20 |

    Total

    Score of Unit 8 Project 3 Rubric,

    / 200

    **Overall Score**

    **Exceeds Expectations**

    200 points minimum

    **Meets Expectations**

    120 points minimum

    **Approaches Expectations**

    66 points minimum

    **Needs Improvement**

    35 points minimum

    **No Submission**

    0 points minimum

    **## RubricforCMAPAssign8Project3PaperforCybersecurityConference.docx**

    | | | | | | | |
    | — | — | — | — | — | — | — |
    | Criteria | **Exceeds Expectations** | **Meets Expectations** | **Approaches Expectations** | **Needs Improvement** | **No Submission** | **Criterion Score** |
    | Requirements | 60 points<br>Includes all (100%) required components, as specified in the assignment. | 40 points<br>Includes most (75%) components, as specified in the assignment. | 20 points<br>Includes some (75%) components, as specified in the assignment. | 10 points<br>Is missing more than 75% of components required in the assignment. | 0 points<br>No submission. | Score of Requirements,<br>/ 60 |
    | Content | 60 points<br>Demonstrates strong knowledge of the materials; correctly represents knowledge from the readings and resources. | 40 points<br>Demonstrates adequate knowledge of the materials; mostly represents knowledge from the readings and resources correctly. | 20 points<br>Demonstrates a major lack of knowledge of the materials or misrepresents the readings and resources. | 10 points<br>Fails to demonstrate knowledge of the materials. | 0 points<br>No submission. | Score of Content,<br>/ 60 |
    | Critical Analysis | 40 points<br>Provides a strong critical analysis and interpretation of the information given. | 20 points<br>Provides an adequate analysis and interpretation; some significant but not major errors or omissions occur. | 10 points<br>Provides only surface analysis and interpretation, and major errors or omissions occur. | 5 points<br>Fails to provide critical analysis, and no interpretation of the information given. | 0 points<br>No submission. | Score of Critical Analysis,<br>/ 40 |
    | Sources / Examples | 20 points<br>Sources meet the requirements set forth in assignment and support the project. | 10 points<br>Sources meet requirements but only adequately support the project. | 8 points<br>Sources meet requirements but poorly support the project. | 5 points<br>Sources do not meet the requirements. | 0 points<br>No submission. | Score of Sources / Examples,<br>/ 20 |
    | Evidence of Skills | 20 points<br>Demonstrates mastery of risk management skills. | 10 points<br>Meets expectations in risk management skills. | 8 points<br>Approaches expectations of risk management skills. | 5 points<br>Needs improvement in demonstrating understanding of risk management skills. | 0 points<br>No submission. | Score of Evidence of Skills,<br>/ 20 |

    Total

    Score of Unit 8 Project 3 Rubric,

    / 200

    **Overall Score**

    **Exceeds Expectations**

    200 points minimum

    **Meets Expectations**

    120 points minimum

    **Approaches Expectations**

    66 points minimum

    **Needs Improvement**

    35 points minimum

    **No Submission**

    0 points minimum

    **## Unit8AssignmentDirections_Project3_PaperforCybersecurityConferenceINSTRUCTION.html**

    ![](https://www.sweetstudy.com/questions/cmap-605)

    ## Unit 8 Assignment Directions: Project 3: Paper for Cybersecurity Conference

    Read the scenario and then write a white paper that follows all the steps listed below. For more information on writing
    [white papers](https://www.investopedia.com/terms/w/whitepaper.asp), visit the
    [UMGC Library Writing Center](https://www.umgc.edu/current-students/learning-resources/writing-center).

    ### Scenario

    Your company requires you to present a white paper at a cybersecurity conference. The conference can be local, national, or international (e.g., InfoSec World, IEEEs Symposium on Security and Policy, or National Cyber Summit).

    The following outlines the steps necessary to create a white paper focusing on ransomware security planning and risk management for a specific company that has been attacked.

    ### Steps

    – Research:
    – Review recent ransomware incidents, responses, and outcomes.
    – Choose one company within an industry (e.g., healthcare, finance, education, technology, services, or retail) that has been attacked (e.g., the ICBC Bank attack in 2023).
    – Paper Structure:
    – Abstract (100-150 words): Briefly summarize the paper's purpose and key points.
    – Current State/Risk Analysis:
    – Discuss your chosen company by providing details about the company including its mission statement, status as a private or public entity, its size, and any global considerations.
    – Discuss the growing threat of ransomware with statistics.
    – Analyze the vulnerabilities to ransomware of your chosen company's industry.
    – Explain the specific ransomware attack on your chosen company.
    – Security Requirements:
    – Describe, if possible, the security mechanisms the company had before the attack.
    – Recommend three significant security goals for the company based on industry standards.
    – Address the CIA triad (Confidentiality, Integrity, Availability) for the company.
    – Recommended Controls:
    – Explain specific controls to implement for each security goal you listed.
    – Accountability:
    – Assign security plan responsibilities to specific company departmental or team titles (for example, the incident response team).
    – Discuss employee roles and responsibilities within the security plan.
    – Timetable:
    – Provide a general timeline for implementing the security plan.
    – Maintenance:
    – Discuss how often to review the plan and update equipment/software.
    – Briefly mention any employee training and management support required for the security plan.
    – Legal Considerations:
    – Discuss intellectual property and employee/employer rights related to the security plan.
    – Identify a relevant law (e.g., HIPAA) the company should consider.
    – Ethical Concerns:
    – Discuss the use of AI and its impact on the plan.
    – Address ethical concerns with employee monitoring, whistleblowing, and privacy.
    – Policy Examples:
    – Generate at least three security policies and provide justifications for each.
    – Briefly discuss policy-enforcement methods.
    – Conclusion:
    – Summarize your proposed security plan for the chosen company.

    ### Requirements

    – Your paper should be 10—12 pages in length not including the title page or references.
    – Include:
    – A Title page, with your name
    – An Abstract on the second page
    – A References section
    – Ensure you have used professional wording and have written with clarity for the client in mind.
    – Use in-text citations in the paper to support your points.
    – Follow APA 7 format for the entire paper, including references and citations.

    ### Submission

    – Review the Unit 8 Project 3 Grading Rubric to understand how you will be assessed on this assignment.

    Due Tuesday by 11:59 PM ET.

    © 2025
    University of Maryland Global Campus

    All links to external sites were verified at the time of
    publication. UMGC is not responsible for the validity or integrity of
    information located at external sites.

    **## RubricforCMAPAssign8Project3PaperforCybersecurityConference.docx**

    | | | | | | | |
    | — | — | — | — | — | — | — |
    | Criteria | **Exceeds Expectations** | **Meets Expectations** | **Approaches Expectations** | **Needs Improvement** | **No Submission** | **Criterion Score** |
    | Requirements | 60 points<br>Includes all (100%) required components, as specified in the assignment. | 40 points<br>Includes most (75%) components, as specified in the assignment. | 20 points<br>Includes some (75%) components, as specified in the assignment. | 10 points<br>Is missing more than 75% of components required in the assignment. | 0 points<br>No submission. | Score of Requirements,<br>/ 60 |
    | Content | 60 points<br>Demonstrates strong knowledge of the materials; correctly represents knowledge from the readings and resources. | 40 points<br>Demonstrates adequate knowledge of the materials; mostly represents knowledge from the readings and resources correctly. | 20 points<br>Demonstrates a major lack of knowledge of the materials or misrepresents the readings and resources. | 10 points<br>Fails to demonstrate knowledge of the materials. | 0 points<br>No submission. | Score of Content,<br>/ 60 |
    | Critical Analysis | 40 points<br>Provides a strong critical analysis and interpretation of the information given. | 20 points<br>Provides an adequate analysis and interpretation; some significant but not major errors or omissions occur. | 10 points<br>Provides only surface analysis and interpretation, and major errors or omissions occur. | 5 points<br>Fails to provide critical analysis, and no interpretation of the information given. | 0 points<br>No submission. | Score of Critical Analysis,<br>/ 40 |
    | Sources / Examples | 20 points<br>Sources meet the requirements set forth in assignment and support the project. | 10 points<br>Sources meet requirements but only adequately support the project. | 8 points<br>Sources meet requirements but poorly support the project. | 5 points<br>Sources do not meet the requirements. | 0 points<br>No submission. | Score of Sources / Examples,<br>/ 20 |
    | Evidence of Skills | 20 points<br>Demonstrates mastery of risk management skills. | 10 points<br>Meets expectations in risk management skills. | 8 points<br>Approaches expectations of risk management skills. | 5 points<br>Needs improvement in demonstrating understanding of risk management skills. | 0 points<br>No submission. | Score of Evidence of Skills,<br>/ 20 |

    Total

    Score of Unit 8 Project 3 Rubric,

    / 200

    **Overall Score**

    **Exceeds Expectations**

    200 points minimum

    **Meets Expectations**

    120 points minimum

    **Approaches Expectations**

    66 points minimum

    **Needs Improvement**

    35 points minimum

    **No Submission**

    0 points minimum

    **## Unit8AssignmentDirections_Project3_PaperforCybersecurityConferenceINSTRUCTION.html**

    ![](https://www.sweetstudy.com/questions/cmap-605)

    ## Unit 8 Assignment Directions: Project 3: Paper for Cybersecurity Conference

    Read the scenario and then write a white paper that follows all the steps listed below. For more information on writing
    [white papers](https://www.investopedia.com/terms/w/whitepaper.asp), visit the
    [UMGC Library Writing Center](https://www.umgc.edu/current-students/learning-resources/writing-center).

    ### Scenario

    Your company requires you to present a white paper at a cybersecurity conference. The conference can be local, national, or international (e.g., InfoSec World, IEEEs Symposium on Security and Policy, or National Cyber Summit).

    The following outlines the steps necessary to create a white paper focusing on ransomware security planning and risk management for a specific company that has been attacked.

    ### Steps

    – Research:
    – Review recent ransomware incidents, responses, and outcomes.
    – Choose one company within an industry (e.g., healthcare, finance, education, technology, services, or retail) that has been attacked (e.g., the ICBC Bank attack in 2023).
    – Paper Structure:
    – Abstract (100-150 words): Briefly summarize the paper's purpose and key points.
    – Current State/Risk Analysis:
    – Discuss your chosen company by providing details about the company including its mission statement, status as a private or public entity, its size, and any global considerations.
    – Discuss the growing threat of ransomware with statistics.
    – Analyze the vulnerabilities to ransomware of your chosen company's industry.
    – Explain the specific ransomware attack on your chosen company.
    – Security Requirements:
    – Describe, if possible, the security mechanisms the company had before the attack.
    – Recommend three significant security goals for the company based on industry standards.
    – Address the CIA triad (Confidentiality, Integrity, Availability) for the company.
    – Recommended Controls:
    – Explain specific controls to implement for each security goal you listed.
    – Accountability:
    – Assign security plan responsibilities to specific company departmental or team titles (for example, the incident response team).
    – Discuss employee roles and responsibilities within the security plan.
    – Timetable:
    – Provide a general timeline for implementing the security plan.
    – Maintenance:
    – Discuss how often to review the plan and update equipment/software.
    – Briefly mention any employee training and management support required for the security plan.
    – Legal Considerations:
    – Discuss intellectual property and employee/employer rights related to the security plan.
    – Identify a relevant law (e.g., HIPAA) the company should consider.
    – Ethical Concerns:
    – Discuss the use of AI and its impact on the plan.
    – Address ethical concerns with employee monitoring, whistleblowing, and privacy.
    – Policy Examples:
    – Generate at least three security policies and provide justifications for each.
    – Briefly discuss policy-enforcement methods.
    – Conclusion:
    – Summarize your proposed security plan for the chosen company.

    ### Requirements

    – Your paper should be 10—12 pages in length not including the title page or references.
    – Include:
    – A Title page, with your name
    – An Abstract on the second page
    – A References section
    – Ensure you have used professional wording and have written with clarity for the client in mind.
    – Use in-text citations in the paper to support your points.
    – Follow APA 7 format for the entire paper, including references and citations.

    ### Submission

    – Review the Unit 8 Project 3 Grading Rubric to understand how you will be assessed on this assignment.

    Due Tuesday by 11:59 PM ET.

    © 2025
    University of Maryland Global Campus

    All links to external sites were verified at the time of
    publication. UMGC is not responsible for the validity or integrity of
    information located at external sites.

    **## RubricforCMAPAssign8Project3PaperforCybersecurityConference.docx**

    | | | | | | | |
    | — | — | — | — | — | — | — |
    | Criteria | **Exceeds Expectations** | **Meets Expectations** | **Approaches Expectations** | **Needs Improvement** | **No Submission** | **Criterion Score** |
    | Requirements | 60 points<br>Includes all (100%) required components, as specified in the assignment. | 40 points<br>Includes most (75%) components, as specified in the assignment. | 20 points<br>Includes some (75%) components, as specified in the assignment. | 10 points<br>Is missing more than 75% of components required in the assignment. | 0 points<br>No submission. | Score of Requirements,<br>/ 60 |
    | Content | 60 points<br>Demonstrates strong knowledge of the materials; correctly represents knowledge from the readings and resources. | 40 points<br>Demonstrates adequate knowledge of the materials; mostly represents knowledge from the readings and resources correctly. | 20 points<br>Demonstrates a major lack of knowledge of the materials or misrepresents the readings and resources. | 10 points<br>Fails to demonstrate knowledge of the materials. | 0 points<br>No submission. | Score of Content,<br>/ 60 |
    | Critical Analysis | 40 points<br>Provides a strong critical analysis and interpretation of the information given. | 20 points<br>Provides an adequate analysis and interpretation; some significant but not major errors or omissions occur. | 10 points<br>Provides only surface analysis and interpretation, and major errors or omissions occur. | 5 points<br>Fails to provide critical analysis, and no interpretation of the information given. | 0 points<br>No submission. | Score of Critical Analysis,<br>/ 40 |
    | Sources / Examples | 20 points<br>Sources meet the requirements set forth in assignment and support the project. | 10 points<br>Sources meet requirements but only adequately support the project. | 8 points<br>Sources meet requirements but poorly support the project. | 5 points<br>Sources do not meet the requirements. | 0 points<br>No submission. | Score of Sources / Examples,<br>/ 20 |
    | Evidence of Skills | 20 points<br>Demonstrates mastery of risk management skills. | 10 points<br>Meets expectations in risk management skills. | 8 points<br>Approaches expectations of risk management skills. | 5 points<br>Needs improvement in demonstrating understanding of risk management skills. | 0 points<br>No submission. | Score of Evidence of Skills,<br>/ 20 |

    Total

    Score of Unit 8 Project 3 Rubric,

    / 200

    **Overall Score**

    **Exceeds Expectations**

    200 points minimum

    **Meets Expectations**

    120 points minimum

    **Approaches Expectations**

    66 points minimum

    **Needs Improvement**

    35 points minimum

    **No Submission**

    0 points minimum

  • [Solved] INTLW4GPP

    ✓ Verified Academic Solution Available

    Executive Solution Overview

    [>Operations Management homework help](https://www.sweetstudy.com/fields/business-finance-operations-management) – 2 years ago **files (1)** – ## INTLW4GPP.docx **## INTLW4GPP.docx** **Comparative Advantage and Comparative Disadvantage Mean Opportunity** **Overview and Insights** _Comparative advant…

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    Immediate access to the full model answer, formatted citations, and rubric breakdown.

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    Have this question answered from scratch according to your specific instructions and deadline.

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    [>Operations Management homework help](https://www.sweetstudy.com/fields/business-finance-operations-management)

    – 2 years ago

    **files (1)**

    – ## INTLW4GPP.docx

    **## INTLW4GPP.docx**

    **Comparative Advantage and Comparative Disadvantage Mean Opportunity**

    **Overview and Insights**

    _Comparative advantage_ is simply the country’s, firm’s, or individual’s ability to produce something at a lower opportunity cost (less resources) than others. Understanding the concept of comparative advantage in the global economy helps us understand why some countries specialize in the production and trade of certain commodities. It also helps us understand the factors that make one country better at producing X commodity than its neighboring countries (or any other country around the world).

    _Comparative disadvantage_ is the opposite of comparative advantage, which is a situation where a country, firm, or individual produces a good or a service at a higher opportunity cost (using more resources) than others.

    In general, countries have comparative advantage in producing commodities that use their abundant resources. Resources such as climate, land, natural resources (minerals, oil, fertile soil), quantity and quality of its labor, capital, education, expertise, and geographical location can give a country comparative advantage. Countries will have comparative
    _dis_ advantage if they produce commodities that use their scarce resources or resources they don’t have a lot of.

    _Example_: China has cheaper price for its labor (not cheap labor) compared to the price of labor in the United States because there are many workers in China (higher supply) than in the United States. Saudi Arabia has an abundance of oil, and oil extracting is cheaper than it is in Kyrgyzstan for example. So, it makes economic sense for Saudi Arabia to specialize in the production of oil.

    The structure and diversity of countries’ comparative advantage provide opportunities for international business. Each country has something unique that can make it either a good choice for production (using their abundant resources) or a good source for exporting (selling them what they cannot produce themselves).

    **The Real Reason Manufacturing Jobs are Disappearing**

    Before diving into your research and analysis, review the following video to give you a different perspective about the evolution of globalization.

    Review
    [https://www.ted.com/talks/augie_picado_the_real_reason_manufacturing_jobs_are_disappearing/transcript](https://www.ted.com/talks/augie_picado_the_real_reason_manufacturing_jobs_are_disappearing/transcript) TED Talk by Augie Picado.

    **Assignment Description**

    Pick a country and evaluate its comparative advantage and comparative disadvantage. Then based on your findings, determine which of the following is a better business opportunity for a multinational corporation (choose only one).

    · To manufacture in that country: State what commodity is best produced there.

    · To import finished commodities from that country: State what type of commodities.

    · To export commodities to that country: State what could be sold there.

    _Narration:_ You are highly encouraged to narrate your PowerPoint slides and add your voice and energy to your presentation.

    **Slide Number Requirements**

    Three to six slides, not counting the separate Title slide and the separate References slide.

    **Content Structure and Requirements**

    · Title Page (slide)

    · Title of the presentation

    · Name of the author (your name)

    · Email address of the author

    · Class name

    · Professor's name

    · Date

    · Content Structure

    ·
    _Introduction slide_: State the name of the country and the size of its economy, population, its major manufactured commodities, and its top two imported and two exported commodities.

    ·
    _Data: Roots of Comparative Advantage_: Use data, graphs, facts, figures, or statistics to describe the country’s comparative advantage, and also state its comparative disadvantage. State the reason your country has that comparative advantage. Basically, what makes it better at producing what it is producing (or could potentially produce) than other countries?

    ·
    _Findings and Analysis_: State how the country you selected is benefitting from its comparative advantage in the international market.

    ·
    _Conclusion and Looking Ahead: Managerial Critical Thinking_: Opinion: Based on what you have learned and based on your understanding of comparative advantage (and comparative disadvantage) for your selected country, what business approach could a multinational corporation use to benefit from that country's comparative advantage, comparative disadvantage, and resources?

    **Reference List**

    · Use at least two reliable sources to obtain facts, data, news, updates, graphs, and so forth.

    · Cite all sources used. The references need to be in APA format.

    **MUST HAVE GRAPHS OR DATA**

    **MUST BE VISUALLY APPEALING AND HAVE SPEAKER PRESENTATION NOTES**

    **## INTLW4GPP.docx**

    **Comparative Advantage and Comparative Disadvantage Mean Opportunity**

    **Overview and Insights**

    _Comparative advantage_ is simply the country’s, firm’s, or individual’s ability to produce something at a lower opportunity cost (less resources) than others. Understanding the concept of comparative advantage in the global economy helps us understand why some countries specialize in the production and trade of certain commodities. It also helps us understand the factors that make one country better at producing X commodity than its neighboring countries (or any other country around the world).

    _Comparative disadvantage_ is the opposite of comparative advantage, which is a situation where a country, firm, or individual produces a good or a service at a higher opportunity cost (using more resources) than others.

    In general, countries have comparative advantage in producing commodities that use their abundant resources. Resources such as climate, land, natural resources (minerals, oil, fertile soil), quantity and quality of its labor, capital, education, expertise, and geographical location can give a country comparative advantage. Countries will have comparative
    _dis_ advantage if they produce commodities that use their scarce resources or resources they don’t have a lot of.

    _Example_: China has cheaper price for its labor (not cheap labor) compared to the price of labor in the United States because there are many workers in China (higher supply) than in the United States. Saudi Arabia has an abundance of oil, and oil extracting is cheaper than it is in Kyrgyzstan for example. So, it makes economic sense for Saudi Arabia to specialize in the production of oil.

    The structure and diversity of countries’ comparative advantage provide opportunities for international business. Each country has something unique that can make it either a good choice for production (using their abundant resources) or a good source for exporting (selling them what they cannot produce themselves).

    **The Real Reason Manufacturing Jobs are Disappearing**

    Before diving into your research and analysis, review the following video to give you a different perspective about the evolution of globalization.

    Review
    [https://www.ted.com/talks/augie_picado_the_real_reason_manufacturing_jobs_are_disappearing/transcript](https://www.ted.com/talks/augie_picado_the_real_reason_manufacturing_jobs_are_disappearing/transcript) TED Talk by Augie Picado.

    **Assignment Description**

    Pick a country and evaluate its comparative advantage and comparative disadvantage. Then based on your findings, determine which of the following is a better business opportunity for a multinational corporation (choose only one).

    · To manufacture in that country: State what commodity is best produced there.

    · To import finished commodities from that country: State what type of commodities.

    · To export commodities to that country: State what could be sold there.

    _Narration:_ You are highly encouraged to narrate your PowerPoint slides and add your voice and energy to your presentation.

    **Slide Number Requirements**

    Three to six slides, not counting the separate Title slide and the separate References slide.

    **Content Structure and Requirements**

    · Title Page (slide)

    · Title of the presentation

    · Name of the author (your name)

    · Email address of the author

    · Class name

    · Professor's name

    · Date

    · Content Structure

    ·
    _Introduction slide_: State the name of the country and the size of its economy, population, its major manufactured commodities, and its top two imported and two exported commodities.

    ·
    _Data: Roots of Comparative Advantage_: Use data, graphs, facts, figures, or statistics to describe the country’s comparative advantage, and also state its comparative disadvantage. State the reason your country has that comparative advantage. Basically, what makes it better at producing what it is producing (or could potentially produce) than other countries?

    ·
    _Findings and Analysis_: State how the country you selected is benefitting from its comparative advantage in the international market.

    ·
    _Conclusion and Looking Ahead: Managerial Critical Thinking_: Opinion: Based on what you have learned and based on your understanding of comparative advantage (and comparative disadvantage) for your selected country, what business approach could a multinational corporation use to benefit from that country's comparative advantage, comparative disadvantage, and resources?

    **Reference List**

    · Use at least two reliable sources to obtain facts, data, news, updates, graphs, and so forth.

    · Cite all sources used. The references need to be in APA format.

    **MUST HAVE GRAPHS OR DATA**

    **MUST BE VISUALLY APPEALING AND HAVE SPEAKER PRESENTATION NOTES**

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