WGU D263 TASK 1 (PASSED) FRAMEWORKS FOR STRATEGIC DECISION MAKING | LATEST 2025/2026 UPDATE | 100% CORRECT

WGU D263 TASK 1 (PASSED) FRAMEWORKS FOR STRATEGIC DECISION MAKING | LATEST 2025/2026 UPDATE | 100% CORRECT 263 Task 1 Passed XXXXX Western Governors University Frameworks for Strategic Decision Making Instructor: XXXX Date D263 Task 1 External Opportunities Conscious capitalism can encompass businesses of all sizes. From an independent business to a global retail store, conscious capitalism places a focus outside of only owners and shareholder profit and instead, also focuses on what is good for society and the environment (Mackey & Sisodia, 2014). There are multiple ways that CustoMayD Designs can practice conscious capitalism and experience company growth. One of opportunity that the company can implement is to offer custom and adaptive socks and shoes for a specific market, those with sensory issues, at an affordable price. By partnering with non-profit organizations, CustoMayD Designs can offer small discounts to members of those organizations, many of whom would be the target audience. From a conscious capitalism standpoint, this would allow for further business development while also providing for a portion of the community that has limited options in footwear that would enhance the quality of life of the target individuals. Secondly, the company can develop a profit-sharing plan that gives a portion of their earnings to community programs for disadvantaged individuals. This plan can include several organizations within the community by donating a percentage of sales to a different community program or project each quarter. In line with conscious capitalism, the program would be providing value to the community along with making progressive social changes, all while remaining a profitable business. External Threats