Category | Assignment | Subject | Management |
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University | University of Bedfordshire | Module Title | BSS050-6 Strategic Management |
Word Count | 2400 (+/- 10%) words |
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Assessment Type | Individual Report |
Assessment Title | Assignment 1: Strategy Simulation |
1.Demonstrate the following knowledge and understanding :
Demonstrate an in-depth knowledge and understanding of strategic approaches and theories and relate them to the external/internal environment that shapes a business.
2.Demonstrate the following skills and abilities:
Deploy analytical tools of strategic management in relation to both the external and internal environments of organisations to synthesise, evaluate and develop appropriate strategic options in a complex environment.
You will be required to engage in a business simulation activity, then apply strategic management approaches and theories you have learned in class and apply strategic management tools by performing an internal and external strategic analysis.
The submission of the assessment will consist of an individually written report of 2400 (+/- 10%) words, assessing in-depth knowledge and understanding of the main strategic approaches and theories and relating them to the external/internal environment that shapes a business.
The assessment accounts for 40 % of the total mark.
-You are required to complete a business simulation activity, either in class or remotely (This will be communicated on BREO and/or by your Tutor).
-As part of the simulation activity, you will be asked to perform a series of tasks, which will simulate activities of running a business.
The written report should focus on providing a reflective account of the following:-What? – Describe what you did (Approx 1500 words)
oExplain what did you do for the business simulation activity, what steps you took and what tasks you completed.
oExplain for each steps/ task, what decision you took and why?
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We will be filling this section in together in class on 00/00/0000 make sure you have downloaded/printed out the Assignment Brief and bring it to the session with you.
Use the strategic tools you have designed to develop your analysis. Make sure you focus on the strategic approaches and theories and relate them to the external/internal environment that shapes a business. A list of strategic tools will not be accepted.
Remember to relate the two together sufficiently! You need to relate the theory to evidence in your assessment. The evidence needs to be specific. Don’t use generalised and anecdotal evidence.
Use academic sources, i.e. books, journal articles etc. Refer to respected industry sources DO NOT overuse the Internet, do not use and / or quote from Wikipedia.
Reminder:
You are required to use proper in-text references and the reference list at the end using the Harvard Referencing System.
Try to approach this assignment in a logical and systematic way. Make sure you have a logical structure, a convincing argument, clear description of the situations which ‘set the scene’, and clear explanation which relate to theories, and a conclusion that draws your argument together.
Overall, you need to provide a logical and coherent demonstration ( strategic tools, like pestle, 5 forces, value chain etc should only be included in the appendix not the body of the report)
How does assignment relate to what we are doing in scheduled sessions?
Please refer to the study guide, all the session in the first week are designed to introduce you to specifics topic in strategic management. Those elements will be needed to design your assignment.
Week 2 of the block is devoted to data collection and to start structuring your assignment.
Week 3 any assignment-related queries will be addressed before the submission.
How will my assignment be marked? |
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Your assignment will be marked according to the threshold expectations and the criteria on the following page. You can use them to evaluate your own work and consider your grade before you submit it.
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