BUSI 650 Integrative Learning Project – Annotated Bibliography Grading Rubric Criteria Levels of Achievement Content 70% (88 points) Advanced Proficient Developing Not present Points Earned Annotations 88 points 83 to 88 points Each annotation includes all of the following: purpose of the article/study, the key findings, relevance to operations management, and what section information from the article/study informs in the final Integrative Learning Project (ILP). 72 to 82 points Each annotation includes most of the following: purpose of the article/study, the key findings, relevance to operations management, and what section information from the article/study informs in the final Integrative Learning Project (ILP). 1 to 71 points Each annotation includes some of the following: purpose of the article/study, the key findings, relevance to operations management, and what section information from the article/study informs in the final Integrative Learning Project (ILP). 0 points Structure 30% (37 points) Advanced Proficient Developing Not present Points Earned Sources 20 points 20 points The annotated bibliography contains at least 15 APA formatted scholarly sources. 15 to 19 points The annotated bibliography contains 12-14 APA formatted scholarly sources. 1 to 14 points The annotated bibliography contains 1-11 APA formatted scholarly sources. 0 points Word Count 17 points 17 points Each annotation contains a minimum of 100 words. 15 to 16 points Most annotations contain a minimum of 100 words. 1 to 14 points Most annotations contain 50 to 99 words. 0 points Total Points /125 Instructor’s Comments: Financial Reporting Anas Alzadjali ST10299 Roslin Lazarus Introduction Analysis of different regulatory framework and governance applicable GIC’s investment strategies and current market operations. Based on the published annual report of GIC for the year 2019. ASSUMPTION GIC consider establishing a joint stock company as a part of its expansion plan This presentation analysis different regulatory framework and governance applicable to GIC’s investment strategies and current market operations based on the published annual report of GIC for the year 2019, with the assumption that GIC is seriously considering establishing a joint stock company with majority controlling interest in Singapore and India as a part of its expansion plan. 2 Continuation Financial reporting is the declaration of the financial details to the divergent stakeholders concerning the financial operation and the financial position of the firm for a specified period of time. Financial reporting standards are the keys that defines the practice standards and financial accounting policies and performs as its basis. Enhances the financial reporting openness in an international position. Performs as the accounting end product. Definition Financial reporting : declaration of the financial details to the divergent stakeholders concerning the financial opera ...

1. BUSI 650
Integrative Learning Project – Annotated Bibliography Grading
Rubric
Criteria
Levels of Achievement
Content 70%
(88 points)
Advanced
Proficient
Developing
Not present
Points Earned
Annotations
88 points
83 to 88 points
Each annotation includes all of the following: purpose of the
article/study, the key findings, relevance to operations
management, and what section information from the
article/study informs in the final Integrative Learning Project
(ILP).
72 to 82 points
Each annotation includes most of the following: purpose of the
article/study, the key findings, relevance to operations
management, and what section information from the
article/study informs in the final Integrative Learning Project
(ILP).
1 to 71 points
Each annotation includes some of the following: purpose of the
article/study, the key findings, relevance to operations
management, and what section information from the
article/study informs in the final Integrative Learning Project
(ILP).
0 points

2. Structure 30%
(37 points)
Advanced
Proficient
Developing
Not present
Points Earned
Sources
20 points
20 points
The annotated bibliography contains at least 15 APA formatted
scholarly sources.
15 to 19 points
The annotated bibliography contains 12-14 APA formatted
scholarly sources.
1 to 14 points
The annotated bibliography contains 1-11 APA formatted
scholarly sources.
0 points
Word Count
17 points
17 points
Each annotation contains a minimum of 100 words.
15 to 16 points
Most annotations contain a minimum of 100 words.
1 to 14 points
Most annotations contain 50 to 99 words.
0 points
Total Points

3. /125
Instructor’s Comments:
Financial Reporting
Anas Alzadjali
ST10299
Roslin Lazarus
Introduction
Analysis of different regulatory framework and governance
applicable GIC’s investment strategies and current market
operations.
Based on the published annual report of GIC for the year 2019.
ASSUMPTION
GIC consider establishing a joint stock company as a part of its
expansion plan
This presentation analysis different regulatory framework and
governance applicable to GIC’s investment strategies and
current market operations based on the published annual report
of GIC for the year 2019, with the assumption that GIC is
seriously considering establishing a joint stock company with
majority controlling interest in Singapore and India as a part of
its expansion plan.
2

4. Continuation
Financial reporting is the declaration of the financial details to
the divergent stakeholders concerning the financial operation
and the financial position of the firm for a specified period of
time.
Financial reporting standards are the keys that defines the
practice standards and financial accounting policies and
performs as its basis.
Enhances the financial reporting openness in an international
position.
Performs as the accounting end product.
Definition
Financial reporting : declaration of the financial details to the
divergent stakeholders concerning the financial operation and
the financial position of the firm for a specified period of time.
Financial reporting standards: keys that defines the practice
standards and financial accounting policies and performs as its
basis.
Enhances the financial reporting openness in an international
position.
Performs as the accounting end product.
Components of the financial reporting include;
The Financial statement
Notes to the Financial statement
The prospectus
The Management discussion and analysis
3
Elements Of Financial Statement
The financial statement elements are;
Income Statement : Expenses, Revenues, Purchases and Sales

5. Balance Sheet: Assets , Liabilities and Capital
Cashflow statement: cashflow from operating activities,
investment and financing.
Change in equity.
And notes
Financial statement comprise the critical report of the business
that gives financial information which can be used by the
stakeholders.
The financial statement elements are;
Income Statement covering expenses, revenues, purchases and
sales
Balance Sheet covering assets , liabilities and capital
Cashflow statement covering cashflow from operating activities,
investment and financing.
Change in equity showing any change in equity over the period
And notes that gives explanations to the statements.
4
Financial Reporting Objective
Financial statements have been prepared in accordance with:
International Financial Reporting Standards (IFRSs),
Applicable disclosure requirements of the Capital Market
Authority (CMA)
Relevant requirements of the Commercial Companies Law.
Their objectives are:
To provide information concerning the financial position,
operation, and difference in the economic position of the
company.
To aid in meeting the projection of the user and ensures that all
the company use the similar regulations.

6. Assist in predicting the upcoming financial place and cash
flow.
Financial statements have been prepared in accordance with
International Financial Reporting Standards (IFRSs), the
applicable disclosure requirements of the Capital Market
Authority (CMA) and the relevant requirements of the
Commercial Companies Law.
The objectives of the financial statements are
To provide information concerning the financial position,
operation, and also the difference in the economic position of
the company that is important for the users in choosing critical
financial decision (IASB).
Financial reporting aid in meeting the projection of the user and
ensures that all the company use the similar regulations.
Financial reporting is important for predicting the upcoming
financial place and cash flow.
5
Discussion: Purpose Financial Reporting.
Financial reporting is done to achieve the following purposes;
Provide information for analysis and planning
Provides data to the creditors, investors and debt providers
Provides the information to the shareholder
Provide information concerning the economic resource of the
business and comprehend the differentiation of the resource
over the period duration.

7. The financial reporting assist to offer important information of
the reason of benchmarking and making decision. The financial
reporting is important for providing data to the public
concerning the firm data which can aid during making
investment, The financial reporting assists to claim the
resources on the basis of equity and the liabilities of the owner.
It assists the stakeholders to comprehend how the company’s
performance in particular.
Other purposes are:
Provide data to the firm’s management for analysis and
planning
Provides data to the creditors, investors and debt providers that
can used for making critical decision concerning to investment
Provides the information to the shareholder concerning the
firm’s numerous factors.
Provide data concerning the economic resource of the business
and comprehend the differentiation of the resource over the
period duration.
6
Continuation.
Provides information regarding procurement plan
Provides data concerning the firm’s performance management
and its impact
Provides information to the statutory auditors
Offers information on the company’s social welfare
Provides information regarding procurement plan Provides data
concerning the firm’s performance management and how it

8. performs the role in the ethical way.
Provides information to the statutory auditors that profit in the
auditing
Improves the social welfare through evaluating the trade union
employee.
7
.
Financial Reporting Importance
Ensures adherence with the various regulatory needs and statues
Financial reporting assist during statutory audit
Financial reporting builds support system for the design of
decision making, analysis, finance.
It ensures the company contribute to capital growth in the
international and local level
The information comprised in the financial reporting aids to
carry analysis of the company and the management.
Financial statements achieves the following significance when
prepared correctly
Ensures adherence with the various regulatory needs and statues
Financial reporting assist during statutory audit
Financial reporting builds support system for the design of
decision making, analysis, finance.
It ensures the company contribute to capital growth in the
international and local level
The information comprised in the financial reporting aids to
carry analysis of the company and the management.
8

9. Regulatory Framework And Governance
According to IFRS, financial statement should be prepared
observing its requirement such as:
Fair presentation
going concern
accruals
Consistency
Materiality
According to IFRS, financial statement should be prepared
observing its requirement such as:
Fair presentation : requiring that the financial statement should
be prepared and presented in the prescribed format
going concern meaning the existence of the business should be
viewed to the future even beyond the owners
accruals: all expenses and income should the charges in the
year earned and incurred but not during the period of paid or
received.
Consistency meaning there should be similarity on the treatment
of an item from one accounting period to another.
Materiality in the sense that all material information should be
considered in the preparation of the financial statements
9
Continuation
Governance of financial reporting include:
duties and responsibilities of responsible officers
Regulatory frameworks for incorporated organizations in Oman
meeting user expectations
legislation
Governance of financial reporting are obligations that an
organization should meet to be inline with the host nations

10. requirements. They are guided by local regulations on:
duties and responsibilities of responsible officers, Regulatory
frameworks for incorporated organizations in Oman, meeting
user expectations and legislation.
10
Users of Financial Statements
Below are the stakeholders utilizing the financial reporting:
Investors
Employees
Public
Customers
Governments
Management of the firm
Government agencies
Debt providers
Financial statements and reporting should be done strictly in
accordance with the requirement of IFRS and other applicable
regulation due to their reliance not only by the internal users
but also external user s such as:
Investors
Employees
Public
Customers
Governments
Management of the firm
Government agencies
Debt providers
11

11. Variation in Importance of Financial Reporting for Different
Countries (Singapore, India, And Oman)
Singapore
Utilizes financial reporting standard (SFRS) in accordance to
international Financial Reporting Standards (IFRS)
Accrual Principles accounting is highly applicable.
Contrast between IFRS and SFRS
Accounting for continuous foreign income
(SFRS) FRS 16 allows the one off amend of the assets
Removal of para 14 and 15
Difference in FRS as contrast to IAS 31, IAS 28 and IAS 27.
There exists variation in importance of Financial Reporting for
Different Countries (Singapore, India, And Oman)
Singapore
Utilizes financial reporting standard (SFRS) in accordance to
international Financial Reporting Standards (IFRS)
Accrual Principles accounting is highly applicable.
Contrast between IFRS and SFRS
Accounting for continuous foreign income
(SFRS) FRS 16 allows the one off amend of the assets
Removal of para 14 and 15
Difference in FRS as contrast to IAS 31, IAS 28 and IAS 27.
12
India
India
Applies Indian accounting standards (Ind AS)
No formal acquisition of the IFRS by the companies.

12. contrast between IFRS and Indian Accounting Standards
Differentiation in the units of IFRS and Ind AS
Format of the balance sheet
Demonstration of the income statement
Variations in accounting and the accounting policies
The Indian Accounting Standards is established on the IFRS
standards.
Ind AS entails profit and loss, cash flow statement, balance
sheet, notes of the financial statement, declaration of
accounting policies as the aspect. Whereas IFRS entails of
profit and loss statement, differentiation of equity statement,
financial position statement and cash flow statement for a
period of time as aspects.
Ind AS has no any exact format of balance sheet and only
entails guidelines, IFRS contains strict direction for the balance
sheet format and needs the aspect to illustrate the assets and
liabilities and to classify them as non-current and current items
Inds AS has no exact format for the income and only entails
directions, IFRS entails two type of presentation: dual statement
or single statement format. The single statement comprise of
loss and profit though the dual statement entails segregation of
the various aspects of the income statement.
Ind AS authorizes the accounting policy to be modified if there
usage of divergent accounting policy but IFRS suggest that
accounting policy can be modified when it is a must for IFRS
and when result in an amplified suitable financial statement.
13
Oman
firms in Oman applies International Financial Reporting
standard (IFS).
Implemented absolutely in accordance to the international

13. Accounting standards Board with no variation
Article 30 instructs the accountants to apply international
standards
Article 5 instructs the company which have securities in public
subscription to establish financial reports quarterly, half yearl y
or per annum.
Oman does not have its local accounting standards thus firms in
Oman applies International Financial Reporting standard (IFS).
Implemented absolutely in accordance to the international
Accounting standards Board with no variation
Article 30 instructs the accountants to apply international
standards
Article 5 instructs the company which have securities in public
subscription to establish financial reports quarterly, half yearly
or per annum.
14
Conclusion
The purpose of financial reporting is to provide information
concerning the financial performance position and also the
difference in economic position of the company that is
important for the utilizers in getting critical financial decisions
(IASB)
Financial reporting aids in satisfying the expectations of the
user and ensure that all the company use the similar regulations
It is the declaration of the financial information to the divergent
stakeholders concerning the financial performance and the
company’s financial position for a specific period.

14. The purpose of financial reporting is to provide information
concerning the financial performance position and also the
difference in economic position of the company that is
important for the utilizers in getting critical financial decis ions
(IASB)
Financial reporting aids in satisfying the expectations of the
user and ensure that all the company use the similar regulations
It is the declaration of the financial information to the divergent
stakeholders concerning the financial performance and the
company’s financial position for a specific period.
15
Bibliography
. Learn Accounting: Notes, Procedures, Problems and
Solution
s. 2020. Top 5 Theories Of Equity. [online] Available at:
<https://www.accountingnotes.net/equity/top-5-theories-of-
equity/5352> [Accessed 26 December 2020].
Pwc.com. 2020. [online] Available at:
<https://www.pwc.com/sg/en/illustrative-annual-report-
2006/assets/3-comparison.pdf> [Accessed 26 December 2020].
2020. [online] Available at:
<https://resource.cdn.ical.org/60915asb49580.pdf> [Accessed
26 December 2020].
2020. [online] Available at: <https://ww.ifrs.org/usearound-the-

15. world/why-global-accounting-standards> [Accessed 26
December 2020]
CBFS
STUDENT NAME: Anas Alzadjali
ID: ST10299
Evaluation of the financial reporting standards
Introduction:

16. The purpose of this report is to analyze the implementation of
International Financial Reporting Standards (IFRS) in various
countries including Oman, Singapore and India and the
differences in financial reporting in terms of investment
strategies in Gulf International Chemicals SAOG (GIC)) and its
market performance. Gulf International Chemicals SAOG (GIC)
has been established in Oman since 1996 and is a construction
chemical company. As headquartered in Oman, the company
operates as a public-owned firm and is part of MSM. Gulf
International Chemicals SAOG (GIC) cooperates with the
production and sale of premium quality construction chemicals
including adhesives and bonding agents, concrete and mortar
installations, concrete and repair connectors, grouts and
anchors, industrial flooring etc. Gulf International Chemicals
SAOG (GIC) compiles the financial statements in accordance
with International Financial Reporting Standards (IFRS) and the
relevant disclosure requirements as set by the Capital Market
Authority (CMA) and the applicable Companies Companies Act
2019
Discussion:
L03: Evaluation of the financial reporting standards and
theoretical models and concepts:
Financial reporting standards refer to a set of principles and
standards that define accounting policies and operating
guidelines and serve as its basis. The inclusion of financial

17. reporting standards helps to increase the visibility of financial
reporting globally. The adoption of international financial
reporting standards is essential in facilitating cross-border
transactions and ensuring free international flow of funds. Lack
of internationally accepted financial reporting standards can
make it challenging to undertake transit activities that lead to
increased costs, risks and expertise in the creation of financial
statements. This also affects investor decision-making and
increases the level of risk. This can affect investors in the
search for investment opportunities globally and can make it
difficult for international operations to operate. The basis of the
calculation will be different if it is different financial reporting
standards apply and this may affect financial performance and
financial position. For example, a company can target profits
using one set of country reporting and loss rates using another
(IFRS, 2020)
i. Benefits of International Accounting Standards (IAS) and
International Financial Reporting Standards (IFRS): Global
Accounting Standards are beneficial because they help to ensure
transparency, increased accountability and efficiency in the
global financial market. This allows investors and business
owners to make economically sound decisions regarding
investment and risk. It also improves the distribution of capital.
The use of IAS in GIC will go a long way in improving
performance and increasing responsiveness.

18. ii. The inclusion of benefits of IFRS standards to improve
accountability by reducing the information gap between funders
and providers This standard provides the necessary information
to keep managers accountable for their actions. This standard is
important for regulators around the world. These levels lead to
better economic performance by allowing awareness of the
opportunities and risks that exist globally, which facilitates fair
budgeting. The use of a single, reliable accounting language
reduces financial costs and global costs.
iii. Evaluate the models of financial reporting and auditing:
Some of the models and theories of financial reporting are:
· Equity theory:
Equality theory has key ideas to offer and these are Proprietary
Theory, Theory Theory, Fund Theory, Residual Equity Theory
and Enterprise Theory.
· Proprietary theory has emphasized the accounting process in
firms focused on shareholder perspective. The calculation of
doctrine is as follows:
Assets – Liabilities = Proprietor’s Equity
· In view of the residual equity, it is necessary to make an
accounting based on the opinion of the remaining shareholders.

19. This is in line with regular shareholders about future concerns.
· The business idea keeps the business unit as the center of
accounting process on behalf of the owner. Accounting statistics
according to this view
Asset = Equities or
Assets = Liabilities + Shareholders’ Equity
· The basis of the fund study is the accounting process for a
group of assets and liabilities associated with the restriction of
donkeys as a fund. Accordingly, funds / resources and limits on
their use are included in the business unit. Its accounting
equation is as follows:
Assets = Restriction of Assets
· Legitimacy theory:Legitimacy means the idea that a business
action is expected, efficient and appropriate for a community-
developed, values, beliefs, norms and definitions. Company
disclosure policies may affect external views regarding the
company. Firms will achieve strategic legitimacy and change
the legitimacy and perceptions held by the outside world. This
concept is often used for the purpose of providing insight into
the disclosure of a social, environmental and company report.
This view is appropriate as a framework for disclosing financial
reporting and stakeholder engagement (Manukriti, 2014)

20. L04: Evaluate international differences in financial reporting:
iv. Analysis of the differences an importance of financial
reporting across different countries (Oman, Singapore and
India):
As mentioned in the case presented, GIC has plans to expand in
India and Singapore so comparisons between the financial
reporting standards of the three countries namely Oman, Indi a
and Singapore are important. The accounting model used in
countries including the US, India, Canada, the Netherlands and
Australia is Anglo American model while countries like France,
Germany, Italy use the Continental European model. While the
Anglo Saxon model is characterized by greater administrative
power, in addition to investment, regulatory output and short-
term crisis, the Continental European model has greater
shareholder power, conflict of interest, has limited financial
resources and facilitates cash flow..
Singapore: The accounting standards used in Singapore are by
the Singapore Financial Reporting Standard (SFRS) and are the
basis of this Financial Reporting Standard International
Financial Reporting Standards (IFRS). The adoption of this
SFRS has been binding on factories since 2003. The key
principles on which SFRS is based are Accrual Based
accounting. The Singapore Financial Reporting Standard
(SFRS) differs from International Financial Reporting Standards

21. (IFRS) in several respects. SFRS differs from IFRS in respect of
accounting for foreign exchange. While IAS 12 stipulates that a
deferred tax calculation is required for a temporary change from
a non-derivative foreign exchange, SFRS does not require an
accounting for a non-deductible foreign exchange if the entity is
able to manage the deferral period for minor variances. The
Singapore Financial Reporting Standard (SFRS) FRS 16 allows
for a single asset review of the assets that occurred in the period
1984 to 1996 without requiring continued use of the revaluation
model. A single review review refers to a situation in which a
PPE item is reviewed simultaneously from 1984 to 1996.
India: The Financial Reporting Standard used in India is the
Indian Accounting Standards and compliant with IFRS
standards according to the board. IFRS standards are not
required for financial reporting in local Indian companies and
are not officially committed to IFRS standards. Ind AS and
IFRS differ in various aspects. India items include balance
sheet, profit and loss statement, cash flow statement, equity
variance statement, statement of financial statements and
disclosure of accounting policies. In contrast, IFRS financial
statements components include a statement of financial
position, a profit and loss statement, a variance in the equity
statement for a period of time and a statement of cash flows for
a period. While India does not have a specific balance sheet and
only includes guidelines, IFRS has appropriate guidance

22. regarding the format of the balance and requires the entity to
represent liabilities and assets and classify them as current or
non-current assets (ICAI, 2020)
While India does not have a specific income or loss statement
format and includes only guidelines, IFRS includes two types of
presentation: single-format format or double-format format. One
statement contains only profit and loss but two statements
include the classification of various income statement items
such as operating and non-operating expenses, gains and losses.
India also differs from IFRS in terms of accounting policies and
variations in accounting estimates. India allows for variance in
accounting policy in the case of a different accounting policy as
required by law, adhering to accounting standards, if it is
subject to changes that may result in a financial statement. IFRS
IAS 8 states that variance in accounting policy can be made in
two cases which means that it is mandatory for IFRS, resulting
in an appropriate financial statement relating to the current
financial position of the entity. India requires that the amounts
reported are the same as those included in the financial
statements. IFRS requires an entity to analyze the nature of a
functional currency
Therefore, GIC should take into account this diversity as it
expands the international market of Singapore and India. This
will help to create a more accurate financial statement and a
more accurate comparison of financial performance.

23. Conclusion:
The inclusion of financial reporting standards helps to increase
the visibility of financial reporting globally. The adoption of
international financial reporting standards is essential in
facilitating cross-border transactions and ensuring free
international flow of funds. IFRS acts as a common
international language and helps to conduct business across
international borders by creating comprehensible and
comparable accounts. It is the result of the rise of overseas
stocks and is important for companies like GIC operating in
various countries.
References:
1. IFRS (2018) Conceptual framework for financial reporting
[Online] Accessed from: https://www.ifrs.org/-
/media/project/conceptual-framework/fact-sheet-project-
summary-and-feedback-statement/conceptual-framework-
project-summary.pdf [Accessed on: 4th November 2020]
2. Amidu (2017) 7 advantages of IFRS and IAS [Online]
Accessed from: https://medium.com/@amiduedson/7-
advantages-of-ifrs-and-ias-3f7118820183 [Accessed on: 4th
November 2020]
3. GMS (2018) Singapore Accounting Standards [Online]
Accessed from: https://www.guidemesingapore.com/business-
guides/taxation-and-accounting/accounting-standards/singapore-

24. accounting-
standards#:~:text=In%20Singapore%2C%20accounting%20stand
ards%20are,principals%20of%20Singapore%20accounting%20st
andards. [Accessed on: 4th November 2020]
4. IFRS (2020) India [Online] Accessed from:
https://www.ifrs.org/use-around-the-world/use-of-ifrs-
standards-by-jurisdiction/india/ [Accessed on: 5th November
2020]
5. IAS Plus (2020) Financial reporting framework in the
Sultanate of Oman [Online] Accessed from:
https://www.iasplus.com/en/jurisdictions/asia/oman [Accessed
on: 6th November 2020]
6. Manukriti (2014) Top 5 theories of equity [Online] Accessed
from: https://www.accountingnotes.net/equity/top-5-theories-of-
equity/5352 [Accessed on: 7th November 2020]
7. Maria (2009) Legitimacy theory and financial reporting
[Online] Accessed from:
https://www.fep.up.pt/conferencias/10seminariogrudis/D%C3%
A2maso,%20Goreti%20(Santar%C3%A9m);%20Louren%C3%A
7o,%20Isabel%20(ISCTE),%20Legitimacy%20Theory%20and%
20Internet%20Financial%20Reporting.pdf [Accessed on: 7th
November 2020]
8. PwC (2016) Comparison between Singapore Financial
Reporting Standards and International Financial Reporting
Standards [Online] Accessed from:

25. https://www.pwc.com/sg/en/illustrative-annual-report-
2006/assets/3-comparison.pdf [Accessed on: 7th November
2020]
9. ICAI (2020) Conceptual Framework for Financial Reporting
under Indian Accounting Standards (Ind AS) [Online] Accessed
from: https://resource.cdn.icai.org/60915asb49580.pdf
[Accessed on: 7th November 2020]
10. IFRS (2020) Why global accounting standards? [Online]
Accessed from: https://www.ifrs.org/use-around-the-world/why-
global-accounting-standards/ [Accessed on: 4th November
2020]
5
INTEGRATIVE LEARNING PROJECT – ORGANIZATIONAL
SETTING3
Walt Disney Studios
Name
Liberty University
BMIS 650 Operations Management
Professor

26. April 4, 2021
Table of Contents
Abstract . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . 3
Introduction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
………….. . . . . . . . . . 4
Organizational Setting. . . . . . . . . . .. . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . 4
Mission. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . .. . . . . . 4
Customers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . 5
Value. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . 6
Christianity Role. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . 7References. . . . . . . . . . .. . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7

27. Abstract
This paper will outline the influence Walt Disney has in the
world as well as its popularity in America. We begin with an
introduction by discussing who Walt Disney was and how he got
started and became a corporate giant that he is today. Next, we
will look at the Organizational Setting and how Walt Disney
became such a powerful, pervasive presence in the American
culture. This paper will also examine the mission and talk about
what products and services are provided, and to what markets
and how they are distinct from those offered by competitor s. We
will also define customers that are internal and external,
identify what value we add to the organization and how we help
the organization achieve its mission. Finally, we will highlight
the role Christianity currently plays in this organization and if it
is a secular organization, also take a look at what Christian
values are built into the organization.

28. Introduction
The Walt Disney Company, commonly known as just
“Disney,” has been one of the most prominent corporations seen
in every market during the past century. Company is a big name
known as an American-based entity diversified for providing
different mass media and entertainment features. It was founded
by two brothers named Walt and Roy O. Disney in October
1923. Its headquarter is located in Burbank, California,
America. The Company changed its name officially to Walt
Disney early in 1986. Initially, this Company was established to
provide animations. Later on, they start working on film
production, theme parks, and television. This Company is also
called a film division studio. This studio involves animation
pictures
of Walt Disney, Pixar, Disney pictures, Marvel studios, Lucas

29. film, 20th-century studios, Blue sky Studios, searchlight
pictures. Decades after its creation, Disney now has a strong
foothold on every entertainment venture imaginable. According
to its own website, “The Walt Disney Company, together with
its subsidiaries and affiliates, is a leading diversified
international family entertainment and media enterprise with
five business segments: media networks, parks and resorts,
studio entertainment, consumer products and interactive media”
(“Company Overview”).
Organizational Setting
Mission
The Walt Disney Company is one of the largest entertainments
and media conglomerates
in the world. The Company together with its subsidiaries and
affiliates is a leading diversified international family
entertainment and media enterprise with five business segments:
media networks, parks and resorts, studio entertainment,
consumer products and interactive media, that includes Disney
Parks, Experiences and Products; Disney Media &
Entertainment Distribution; and three content groups /Studios,
General Entertainment and Sports focused on developing and
producing content for DTC, theatrical and linear platforms.
Walt Disney came to understand that a culture of creativity
must align with the experimental process of discovery (Zaboski,
Dierberger, & Douglas, 2016).

30. Strategic Mission
The main mission of Walt Disney is to entertain the
public, to inspire people around the world with the influence of
storytelling, portraying some excellent brands, use of highly
effective and innovative technologies, use of creative minds so
that this Company can be known as the
world's best entertainment organization (The Walt Disney
Company, 2019).
Walt Disney Company has a constantly expanding
portfolio built up with its diversified content and its acquired
subsidiaries. Their main products and services consist of
children’s educational books, graphic novels, broadcasting TV
channels, internet sites and platforms, and different mediums of
entertainment that includes movies, gaming, and TV shows.
They also offer other services that include resorts, hotels, theme
parks, musical development and recordings, live-action plays,
and online content streaming services. Currently today Walt
Disney has major operations all across the world in the United
States, Europe, Latin America, and Asia. The company’s
priority headquarters is located in Burbank, California
(Salandro, 2019).
Customers
The Walt Disney Company has a wide variety of customer
bases. Through brand loyalty
and its diverse portfolio, the organization is able to maintain

31. customer relationships longer than
most companies. The company has demographics from all ages
and genders all across the globe.
Disney uses a whole different vocabulary within their
organization. Employees are referred to as “cast members” and
“customers” are called “guests.” This helps to remind the entire
Disney staff of the purpose that they are meant to fulfill and the
importance of serving. Internal customers consist of employees,
shareholders, managers, board of directors and the various
people who work in the different departments of the business
External Customers An external customer can be one of three
things; ordinary customers of the business, another business or
organization, all customers who are based outside the business
(external). Usually the external customer, business or
organization is the person in which is providing goods or
services for, non-government agencies, labor unions, social
responsibility investors, environmental agencies, and
distributors. basically, the buyer. While the internal
stakeholders make up the inside of the Walt Disney Company,
there are also external stakeholders outside of the company that
are affected by its operations. The first being the customers
which is possibly the most important stakeholder in both the
internal and external types. While the employees are the
backbone, the customers are what generates the profit. For
instance, the Disney parks see numerous customers a day which

32. allows them to collect massive amounts of profit by offering a
service and value that they’re looking for (McKenzie 2012, July
2).
Value
The Company value stems from their ability to think
creatively, create brand loyalty, and pursue innovation, the team
oversees the world’s premier entertainment company, home of
the most respected and beloved brands around the globe. I can
help the company by showing them how to anticipate the
constant changing consumer’s preferences as Technology is
always constantly changing and consumers always wants the
Next Best Thing. By bringing a diverse range of knowledge,
perspective, and experience to guide and drive long-term value
to the company I think this will make the company even more
successful and continue to be the world Leader.
Christianity Role
Walt was a very devoted Congregationalist Christian, his
family’s religion. In fact, Walt owes his name in a sense to
religion. Walt’s father Elias was a very good friend of Reverend
Walter Parr, who preached at the Saint Paul Congregational
Church, where the family attended church. Although Walt was a
Christian the Company itself does not profess to be associated
with any kind of religion, such as Christianity. The company
does portray family values through positive messaging for
people of all races and ages and has some fictional characters as

33. Christians, but the organization also displays characters with
different religions in their content and takes no further stances
on religious beliefs (James, 2013).
References
Zaboski, D., Dierberger, G. F., & Douglas, R. (2016). The
alchemy of creativity: An operating
system for innovation, collaboration, and enhanced
creativity. American Journal of
Management, 16(3), 66–81
“Company Overview.” The Walt Disney Company. Retrieved
from https://thewaltdisneycompany.com/about-disney/company-
overview
MARY BLACKISTON Copyright 2021 Mary Blackiston is the
Content Marketing
Specialist for SUCCESS agency.
https://www.successagency.com/growth/2017/10/05/disney-
teach-customer-service/
McKenzie, T., Drucker, P., & Hamar, T. (2012, July 2). Who
are a company's most important stakeholders? Retrieved from
https://www.destination-innovation.com/who-are-acompanys-
most-important-stakeholders/
Segal, T. (2019, July 6). Who are Walt Disney's Main
Competitors? Retrieved from
https://www.investopedia.com/ask/answers/052115/who-are-

34. disneys-dis-maincompetitors.asp
Bill Iadonisi Religion and Walt Disney PUBLISHED
FEBRUARY 3, 2017
http://www.themagicinpixels.com/author/mickeynews1
James, J. (2013). The heart makes the mouse: Disney’s approach
to brand loyalty. Journal of
Brand Strategy, 2(1), 16–20.
BUSI 650
Integrative Learning Project – General Instructions
For the Integrative Learning Project (ILP), you will research a
particular, authentic company/industry or a fabricated
company/industry. (No one in this course should write anything
regarding their government or organizational relationship that
could create doubt about crossing lines that would discl ose
confidential information of any kind. It would be better to
create a fictional situation. It is up to you to use your informed
judgment.) The ILP must be written in current APA format and
must include the following major elements:
· Title Page
· Table of Contents
· Abstract
· Introduction
· It should be no more than ½ page in length.

35. · Reference the APA Publication Manual, 7th edition, section
3.4 for suggested components of an introduction and section
2.27 for formatting.
· Organizational Setting
· In at least 2 pages:
· Describe the mission of your organization (e.g., what product
or service is provided, to what intended markets, and how the
product or service is distinct from those offered by competitors)
· Define your customers are (internal and external)
· Identify what value you add to the organization (how you help
the organization achieve its mission)
· Highlight the role Christianity currently plays in this
organization (if it is a secular organization, what Christian
values are built into the organization?).
· The student must clearly state if the company/industry is
fabricated (not statement required for authentic
company/industry.
· Integration of Chapter Concepts to the Organizational Setting
· Select 8 different key concepts from the textbook that seem to
be most applicable to your organizational setting. Some
examples of key concepts include supply chain management,
Six Sigma, innovation, etc. Provide an in-depth discussion of
each of your chosen key concepts and its application to your
organizational setting.
· For each concept, provide a comprehensive description, what

36. benefit it may offer to your organization, and what needs to be
done in order to successfully implement this topic into your
organization.
· For each concept, integrate appropriate biblical references.
Explain how these concepts magnify God’s plan for you.
· This section of your project requires at least 14 pages of
graduate-level content and analysis. No more than 1 block
quote is allowed in the paper.
· Conclusion
· It should be no more than ½ page in length.
· Provide major recommendations and summative conclusion for
the organization.
· References: You must include at least 15 scholarly sources
formatted in current APA style. Each reference must be current,
having been published within the last 3 years, or, if older, must
contribute important information relevant to historical
background.
· Appendices: Include at least 3 well-developed and
professional documents. Appendices often include information
that is somewhat confidential, detail-oriented, and/or tends to
change often. Some examples include:
· Action Planning: This specifies objectives, responsibilities,
and timelines for completion of objectives.
· Description of Strategic Planning Process Used: This
describes the process used to develop the plan, who was

37. involved, the number of meetings, any major lessons learned to
improve planning, etc.
· Strategic Analysis Data: This includes information generated
during the external analysis (e.g., environmental scan) and
internal analysis (e.g., SWOT analysis). It also includes a list of
strategic issues identified during these analyses.
· Goals for Board and Chief Executive Officer: Goals of the
board and CEO must be directly aligned with goals identified
during strategic planning. This appendix will list goals for the
board and can also include recommendations for redesigning
board committees associated with strategic goals. These can be
used (along with the CEO job description) to form the basis for
performance evaluations of the CEO.
· Budget Planning: This depicts both the resources as well as
the required funding for obtaining and using the resources
needed to achieve the strategic goals. Budgets are often
depicted for each term of the year of the strategic plan.
· Operating Plan: This describes the major goals and activities
to be accomplished over the coming fiscal year.
· Financial Reports: These include last year's budget (with
estimated expenses and the actual amounts spent), this year's
current budget (again, with estimated amounts and actual
amounts spent), a balance sheet (or, in the case of a nonprofit
organization, a statement of financial position), an income
statement (or, in the case of a nonprofit organization, a

38. statement of financial activities), etc.
· Monitoring and Evaluation of Plan: This includes criteria for
monitoring and evaluating as well as the responsibilities and
frequencies of monitoring the implementation of the plan.
· Communication of Plan: This describes the actions that will be
taken to communicate the plan and/or portions of it and
describes to whom the plan will be communicated.
Submit the Integrative Learning Project – Final by 11:59 p.m.
(ET) on Friday of Module 8.
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