Assessment Details and Submission Guidelines Trimester T1 2020 Unit Code HC3031 Unit Title Trends in the Global Business Environment Assessment Type Individual Assignment This is strictly required to be your own original work. Plagiarism will be penalised. Students are required to apply the theories and knowledge derived from the unit materials, demonstrate critical analysis and provide a considered and comprehensive evaluation. Students must use correct in-text citation conventions. Assessment Title Tutorial Question Assignment 2 Purpose of the assessment and linkage to ULO. Student is required to answer 5 questions come from the recorded tutorial questions every week from week 8 to week 12 The following Unit Learning Outcomes is applicable to this assessment: – Student will be able to analyse and evaluate social, economic, political and technological trends. – Demonstrate familiarity with the academic literature on the macro environment level. – Demonstrate the capacity to write persuasive reports containing sound recommendations, in preparation for a career in business or government. Weight 25% Total Marks 25 Marks Word limit The required word limit is provided in each question Due Date Week 12 – Friday 19 June at 11:30 PM [Late submission penalties accrue at the rate of -5% per day] Submission Guidelines • All work must be submitted on Blackboard by the due date along with a completed Assignment Cover Page. • The assignment must be in MS Word format, 1.5 spacing, 12-pt Arial font and 2 cm margins on all four sides of your page with appropriate section headings and page numbers. • A minimum of 10 peer-reviewed academic articles in total must be cited in the text of the report, and listed appropriately at the end in a reference list using Harvard referencing style. Page 2 of 2 Assignment Specifications Purpose: This individual assignment is an opportunity for students to demonstrate their understanding of trends in the global business environment. Details Answer All FIVE (5) of the following questions. The questions come from the recorded tutorial questions from week 8 to week 12. Question 1 Week 8: Tutorial 7 (5 marks) Organisational structures can help a company fail or succeed. Why do you think that is the case? Answer this question in 300 words Question 2 Week 9 Tutorial 8 (5 marks) What are some of the potential problems global businesses face when they outsource or subcontract their manufacturing work to companies in other countries? (e.g. an Australian company outsourcing the manufacturing of its product to a separate company in China or Vietnam)? Answer this question in 300 words Question 3 Week 10: Tutorial 9 (5 marks) What are some of the disadvantages that can result when companies use channels of distribution to market their products overseas? Answer this question in 300 words Question 4 Week 11: Tutorial 10 (5 marks) Based on your studies in this course, compare and contrast between personal and position sources of power. In your opinion, which sources of power are most effective as important resources for leaders? Answer this question in 300 words Question 5 Week 12: Tutorial 11 (5 marks) What are the characteristics of creative leaders in contemporary organisations? Answer this question in 300 words
Assessment 2 – Project and Research Instructions: This assessment consists of 2 parts. Trainer may decide whether this will be an individual or a group assessment. Complete all the tasks and submit all the required documentation to your Trainer. Duration: Trainer will set the duration of the assessment. ICT Business Analysis – Assessment Task 2 LAST UPDATED: March 2018, Version No. 1.0 Page 1 of 2 Your tasks: Part A: You are working in the Company X as IT assessor; the company has changed its system for their accounting operation since one year ago. Your task is evaluating the performance of the new system in terms of the productivity for the company and the accomplishment of the requirements. For this purpose you have to design a plan involving the next aspects. ? Compilation of requirements from the company’s personnel ? Establishing metrics to evaluate the accomplishment of requirements ? Establishing metrics to evaluate the productivity of the new system and comparing it with the previous one. These metrics should contemplate the company and personnel’s sides. Part B: According with the analysis performed in the previous assessment (Assessment 1 Part B), chose a solution based in a ranking of advantages. Prepare a document describing the following aspects: ? Solution scope remarking the major features and the benefits to the company. ? Implementation plan considering phases and times. ? Estimation of cost. ? Identification of risks. ICT Business Analysis – Assessment Task 2 LAST UPDATED: March 2018, Version No. 1.0 Page 2 of 2
Address the following in an essay format which includes an introduction and conclusion (not a Q & A format):
Companies often have several policies on time away from work. What are some examples of time away from work policies found in private-sector organizations today? Provide employer names from your research.
Click on the video below to learn about “unlimited vacation” jobs where employees could go to work whenever they feel like it.
(CBS This Morning, 2015)
As you see in the video above, some employers have an “unlimited” vacation policy. Others have an “Employee Time-Off Policy” that allows employees a set number of paid days off regardless of the reason (instead of individual absenteeism, sick days, vacation, short-term leave, long-term leave, FMLA, and other policies). Would it be better for the King Company to have an Employee Time-Off Policy, something similar to the unlimited vacation policy discussed in the video above, or something else? Why? Support your response with research.
Utilize information from at least two Trident Online Library sources to help strengthen and validate your discussion.
Paper length: 3-4 pages (not counting the cover and reference pages).
Provide private-sector employer examples of HRM programs, systems, processes, and/or procedures as you address the assignment requirements. Provide names of the employers. Use different employer examples in this course than what have been used previously in your other papers and courses.
Bring in related court case decisions to help augment your discussion, if applicable.
Make reasonable, cost-effective assumptions in your paper. It is not an option, however, for you to hire additional help (temporary or otherwise). State your assumptions in the beginning of your discussion.
Understanding of probability is key in making business decisions. The following questions begin to test your understanding of the different forms of probability and the data on which probabilistic decision making is based.
Select any one of the following starter bullet point sections. Review the important themes within the sub questions of each bullet point. The sub questions are designed to get you thinking about some of the important issues. Your response should provide a succinct synthesis of the key themes in a way that articulates a clear point, position, or conclusion supported by research.
You are a risk manager in a manufacturing company. One of your key responsibilities is securing of property insurance coverage to provide protection against damage caused by “acts of God,” such as earthquakes, hurricanes, floods, etc. You begin the process with exposure due diligence, which is focused on estimating the chances of a single “act of God” occurring in the course of the upcoming year, as well as the chances of two or more “acts of God” materializing (also in the course of the next year).
Determine where you might be able to find valid data for this type of analysis.
Justify the use of the concept of conditional probability in the context of your task—more specifically, discuss how you would use conditional probability in your exposure due diligence efforts. Support your discussion with relevant examples, research, and rationale.
You are a marketing manager for a company that makes ready-to-eat breakfast cereals. Your company recently initiated a loyalty program for consumers, which resulted in a large purchaser database. The brand managers are eager to examine the available data, which they can use to design more effective promotional programs. Your first step is to conduct an exploratory baseline analysis, the goal of which is to describe the buyer base and estimate basic statistical descriptors of the buyer base. You are particularly interested in the size of individual purchases, as well as the frequency of repurchases.
Evaluate what discrete data distribution the frequency of repurchases data would be likely to follow.
Explain why the other discrete data distributions are not appropriate for this data. Support your discussion with relevant examples, research, and rationale.
You are a marketing manager for a manufacturer of nonperishable products sold in grocery stores. In this role, you need to make various decisions about how much marketing/advertising support is needed by each product to maximize the profitability of the organization.
Assess how the effectiveness of individual marketing/advertising approaches would be determined.
Discuss how historical sales data, as well as promotional response data, can aid you in evaluating the effectiveness of the individual marketing/advertising approaches. Support your discussion with relevant examples, research, and rationale.
The final paragraph (three or four sentences) of your initial post should summarize the one or two key points that you are making in your initial response.
Submission Details:
Your posting should be the equivalent of 1 to 2 single-spaced pages (500–1000 words) in length. No plagiarism, 100% original.
word limit-1750 maximum The international company must be new in Australia but could be existing in any other country for eg,Tata Motors in India. Task Description As the international marketing director of a company, you have been assigned to develop a -market entry plan- for a product that is aiming to enter for a particular Australian market segment in 2020. Your tasks are: Briefly explain the profile of Australian market segment and the product for this segment, Identify the pros and cons of the most useful market entry modes that you have studied in this unit, and decide and explain the best entry mode strategy for your company, and Design three frameworks outlining the pricing, distribution and promotional strategies.
1. On the company page that you selected click on the “Analysis” tab. After doing so, scroll down the page until you see the Financial ratios for the company and the industry.
The company that I chose was Macys, Inc. [NYSE: M]
2. There are several categories listed for ratios. Select one “Financial Condition Ratio” and one “Management Efficiency Ratio”.
Financial Ratio Maceys Industry
Debt/Equity Ratio .78 .76
Current Ratio 1.28 1.14
Book Value/Share 19.60 1.33
Management Ratio Maceys Industry
Return on Equity% 16.15 13.78
Return on Assets% 4.41 6.64
Inventory Turnover 2.91 6.11
3. Also on the company page, on the same ribbon that you found the “Analysis” tab you will find the “Related” tab. Click on it and select a competitive company within that industry and compare those ratios to the ones you just found.
I chose Target [NYSE: TGT]
Financial Ratio Target Industry
Debt/Equity Ratio .91 .76
Current Ratio .83 1.14
Book Value/Share 22.79 1.33
Management Ratio Target Industry
Return on Equity% 28.61 14.06
Return on Assets% 7.41 6.64
Inventory Turnover 5.89 6.11
Examine your findings and determine whether your company outperforms its competition based on financial ratios. Identify where your firm seems to lag. Describe how your firm compares with the industry and speculate as to why you believe your firm is performing as it is.
Both Macy’s and Target do better overall than the industry. For both their Book Value/Share is much greater than the industry average, which was interesting to me. I would think this is because the brands (Macy’s and Target) are of higher class than other competitors, like Walmart.
Respond too…
Examine your findings and determine whether your company outperforms its competition based on financial ratios. Identify where your firm seems to lag. Describe how your firm compares with the industry and speculate as to why you believe your firm is performing as it is.
The company I chose is Paccar Inc. The financial condition ratio I chose is debt/equity ratio, the company has -1,000 compared to the industry at .66. Efficiency ratios “measure the effectiveness and intensity of the firm’s management of its resources” (Byrd, Hickman, & McPherson, 2013). Efficiency ratios include inventory turnover, days sales outstanding, and asset turnover. This company did not list any efficiency ratios so I calculated their asset turnover. Asset turn over is revenues divided by total assets. Paccar has assets in 2019 of 7,628.70 and revenue of 25,599.70 for a ratio of 3.36. The comparison company I chose is Caterpillar Inc (CAT). They had a debt/equity ratio of 1.8 compared to the industry’s .66. Their total assets for 2019 is $39,193, and revenue of 53,800, which is a ratio of 1.37. Asset turn over tells how efficiently a company is using their assets to generate revenue (Hayes, 2019). The higher the ratio, the more efficient the company is. Therefore CAT is operating less efficiently than Paccar is. I’m unable to compare to the industry since they did not report the industry’s ratio. Paccar is doing better compared to CAT with their debt/equity ratio. This ratio tells how well a company is financing their operations through owned funds (Hayes, 2019). CAT is well above the industry ratio, and Paccar appears to be very under. Their ratio is -1000 because they did not report any liabilities, any long term debt, or capital lease obligations in 2019.
In this activity, you will research the New Balance Company and write an essay (Links to an external site.) based on the concepts learned this week. Your essay should be double-spaced, at least 250 words, and adhere to APA guidelines. Ensure you have a cover page, introduction, body, and conclusion for your essay.
Visit the New Balance website: www.newbalance.com (Links to an external site.) and review the company’s information.
Answer the following questions in an essay format below.
From your assessment of New Balance, identify and describe in detail at least one of Porter’s generic competitive strategies New Balance has been using. From your evaluation, what are some of your recommendations for New Balance to be more competitive in a global market? Assess New Balance’s opportunities and threats; provide a plan for implementing at least two opportunity strategies and addressing two current threats you’ve identified. Explain how those opportunities and threat strategies will positively affect New Balance’s business operations. Assignment status: Solved by our Writing Team at EssayCabinet.comCLICK HERE TO ORDER THIS PAPER AT EssayCabinet.com
This project is the first of four projects. This project provides the first steps in completing an external environmental analysis of your focal company’s strategic management plan. You will use tools and apply concepts learned in this and previous business courses to demonstrate an understanding of how organizations develop and manage strategies to establish, safeguard and sustain its competitive position in the 21st century’s (rapidly evolving/shifting/changing), uncertain hyper-competitive business environment.
Completing a company overview and assessing the general environment is a key aspect of performing an external environment analysis. This project provides you with the opportunity to evaluate the competitive position of one of the organizations listed below and integrate that information in the beginnings of a external environmental analysis.
The company you will be analyzing operates within the global market. You will assess the company in terms of the global industry. Industries differ widely in their economic characteristics, competitive situation and future profit potential.
In this project, you are presenting a report document. The expectation is that the report provides the level of details to help the audience grasp the main topics and to understand the General Environment.
Analysis is the operative word. In analyzing the external environment, you are expected to thoroughly research and take that research and break it into small parts to gain a better understanding of what is happening in the external environment of the business. In researching an industry, it is important to understand that every company within an industry is different so gathering information on one company does not mean that the collected information is relevant to other companies within that industry. When researching, parsing the material is critical to an accurate analysis. Avoid presenting just any information as that may lead to using irrelevant information.
You will then write the report in your own words to share the external analysis. You are expected to present information and support the ideas and reasoning using the course material and your research. You will not lift any information from source documents without properly citing and referencing. For the technical analysis aspect of the project, you are required to create the technique on your own and may not use from any source material that you happen to find. No work from a clearinghouse or similar website may be used or cited as a credible source.
Outcomes Met With This Project:
utilize a set of useful analytical skills, tools, and techniques for analyzing a company strategically;
integrate ideas, concepts, and theories from previously taken functional courses including accounting, finance, market, business and human resource management;
Instructions:
In completing the report, you will use the chapters in the eBook and other course material, and perform research on the company and industry in which the company operates and answer the required elements below in narrative form following the steps provided.
Step 1: Specific Company for All Four Projects
In this project, you will complete a Company Overview, an Evaluation of the General Environment and a conclusion.
You will be assigned by your instructor one focal company to complete the analysis. The assigned company must be used for all four projects in this course. You are not allowed to write the report on any other company different from the company specifically assigned by your instructor. If a company other than that assigned to you is used, a zero will be assigned.
Students must complete the project using the assigned company. Deviating from the assigned company will result in a zero for the project. You will look for the company assigned to you in the Announcement area of the classroom.
Step 2: Course Materials and Research
You are required to research information about the focal company and the internal environment for this project, You are accountable for using the course materials to support the ideas, reasoning and conclusions made. Course materials use goes beyond defining terms but is used to explain the ‘why and how’ of a situation. Using one or two in-text citations from the course materials and then relying on Internet source material will not earn many points on the assignment. A variety of source material is expected and what is presented must be relevant and applicable to the topic being discussed. Avoid merely making statements but close the loop of the discussion by explaining how something happens or why something happens, which focuses on importance and impact. In closing the loop, you will demonstrate the ability to think clearly and rationally showing an understanding of the logical connections between the ideas presented from the research, the course material and the question(s) being asked.
Note: Your report is based on the results of the research performed and not on any prepared documentation. What this means is that you will research and draw your own conclusions that are supported by the research and the course material rather than the use any source material that puts together any of the tools or techniques whether from the Internet, for-pay websites or any pre-prepared document, video or source material. A zero will be earned for not doing your own analysis.
Success: The analysis is based on research and not opinion. You are not making recommendations and you will not attempt to position the focal company in a better or worse light than other companies within the industry merely because you are completing an analysis on this particular company. The analysis must be based on factual information. Any conclusions drawn have to be based on factual information rather than leaps of faith. To ensure success, as stated above, you are expected to use the course materials and research on the focal company’s global industry and the focal company. Opinion does not earn credit nor does using external sources when course materials can be used. It is necessary to provide explanations (the why and how) rather than making statements. Avoid stringing one citation after another as doing so does not show detailed explanations.
Library Resources
On the main navigation bar in the classroom select, Resources and then select Library. Select Databases by Title (A – Z). Select M from the alphabet list, and then select Mergent Online. You may also use Market Line and should be looking at the focal company’s Annual Report or 10K report. You are not depending on any one resource to complete the analysis. It is impossible to complete a Porter’s Five Forces, competitive analysis or OT by using only course material.
You should not be using obscure articles, GlassDoor, or Chron or similar types of articles.
The document has to be written in Word or rtf. No other format is acceptable. Pdf files will not be graded. Use 12-point font for a double-spaced report. The final product cannot be longer than 8 pages in length, which includes all tables and matrices but excludes the title page and reference page. Do no use an Appendix.
Create a title page with title, your name, the course number, the instructor’s name.
Step 4:Company Overview
Provide a company overview, which is an essential component to the strategic management process. The company overview includes the purpose(s) for the founding of the company, i.e, what problems was it formed to solve and/or opportunities it was formed to exploit, who are the founders, home country or state, current management, employee headcount, last year’s revenue, etc.).
Step 5:Evaluate the General Environment
Identify the global industry in which the company operates. This will come from Mergent Online.
Discuss the company’s general environment by developing a PESTEL analysis. First, use the course material to identify the elements of the PESTEL and what components make up each element. Then, complete the analysis using research on the industry and the focal company. Be sure to thoroughly present and support the reasoning for what is presented. You may not use a PESTEL analysis that is already completed and available on the Internet. A zero will result if used as the analysis has to be the result of your research and your own development.
NOTE: A PESTEL analysis is not a table and it is not a bulleted assessment.
Identify and discuss one key trend for each letter of the PESTEL for the industry. Key trends are separate from the PESTEL analysis.
Select one of the six trends identified in the previous requirement and discuss how the focal company could be affected by the selected trends.
Discuss key areas of uncertainty related to the identified trend for the focal company that could potentially impact the company’s strategy.
Perform a strategic analysis of the company’s mission, vision and objectives.
Step 6:Conclusion
Create a concluding paragraph. The Conclusion is intended to emphasize the purpose/significance of the analysis, emphasize the significance/consequence of findings, and indicate the wider applications that are derived from the main points of the project’s requirements. You will draw conclusions about the findings of the external environment analysis.
Step 7: Review the Paper
Read the paper to ensure all required elements are present.
The following are specific requirements that you will follow. Use the checklist to mark off that you have followed each specific requirement.
Checklist
Specific Project Requirements
Proofread your paper
Read and use the grading rubric while completing the paper to ensure all requirements are met that will lead to the highest possible grade.
Third person writing is required. Third person means that there are no words such as “I, me, my, we, or us” (first person writing), nor is there use of “you or your” (second person writing). If uncertain how to write in the third person, view this link: http://www.quickanddirtytips.com/education/grammar/first-second-and-third-person.
Contractions are not used in business writing, so do not use them.
Paraphrase and do not use direct quotations. Paraphrase means you do not use more than four consecutive words from a source document. Removing quotation marks and citing is inappropriate. Instead put a passage from a source document into your own words and attribute the passage to the source document. There should be no passages with quotation marks. Using more than four consecutive words from a source document would require direct quotation marks. Changing words from a passage does not exclude the passage from having quotation marks. If more than four consecutive words are used from source documents, this material will not be included in the grade.
You are expected to use the research and weekly course materials to develop the analysis and support the reasoning. There should be a robust use of the course material. Material used from a source document must be cited and referenced. A reference within a reference list cannot exist without an associated in-text citation and vice versa. Changing words from a passage does not exclude the passage from having quotation marks.
Use in-text citations and provide a reference list that contains the reference associated with each in-text citation.
You may not use books in completing this problem set unless part of the course material. Also, do not use a dictionary, Wikipedia or Investopedia or similar sources. You may not use Fern Fort University, Ibis World or any other for-fee website.
Provide the page or paragraph number in every in-text citation presented. Since the eBook does not have page numbers, include the chapter title and topic heading. If using a video, provide the minutes and second of the cited material.
Imagine you work for a company that has recently merged with a global company. Write a brief introduction to your company as well as the company that merged with the company. Then develop an eight to ten (8-10) point checklist detailing what steps you would take as the HR manager to help unify the culture of both companies.
Create two (2) company introductions and develop an eight to ten (8-10) point checklist in which you:
1.) Give a succinct overview of your fictitious company.
2.) Give a succinct overview of the fictitious company merged with.
3.) Develop an eight to ten (8-10) point checklist of steps you would take to unify company culture.
4.) Explain your rationale for choosing each of the steps in your checklist.
Paper must be:
* Typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
* Include a cover page containing the title of the assignment, your name, your professor’s name, the course title, and the date.
Workforce planning is an effective strategy used to align a company’s workforce performance with the company’s overall strategic plan. This acts as a plan to allow a company to better reach their goals and carry out their mission statements.Strategic workforce planning allows a company to propose and delegate responsibilities to the HR department. These responsibilities include strategies that help align a company’s workforce with the company’s strategic plan.
Discuss two strategies that can be used in strategic workforce planning, in order to align a company’s workforce to their overall strategic goals.
Discuss why strategic workforce planning is important.
Also, discuss the role HR takes in the process of strategic workforce planning.