Overview
In this short paper, you will evaluate the factors involved in attracting new businesses to cities. You will build a case from the perspective of a city mayor who wants to attract a new Fortune 500 business to relocate to your hypothetical city. You should apply what you learned in the module readings to make a compelling case to the CEO of the hypothetical business.
Directions
Imagine that you are the mayor of a large U.S. city. Craft a short paper persuading the CEO of a Fortune 500 business to relocate to your city. Support your claims with scholarly evidence and appropriately formatted citations.
Specifically, you must address the following rubric criteria:
- Value Proposition: Begin your paper by explaining why you are advocating for the Fortune 500 business to relocate to your city.
- To what extent do you believe it is part of your responsibility as the city mayor to attract business to your city?
- What do you believe the business will bring to your community?
- Incentives: Articulate the specific incentives you are offering to the business.
- What are the benefits that you would provide to the business? Be specific about the tax breaks, subsidies, regulatory approaches, or other incentives that you are proposing.
- Ensure your offerings are reasonable, feasible, and balanced against any associated costs to other stakeholders in your community.
- Mechanisms: Explain who, specifically, would provide these incentives and how they would provide them.
- Which levels or agencies of government would provide these benefits to the business?
- Explain why and how the associated level or agency would administer the benefit for each incentive.
What to Submit
Submit your short paper as a 3- to 5-page Word document with double spacing, 12-point Times New Roman font, and one-inch margins. Sources should be cited according to APA style.