Bus 2.1: Responding to the Changing Business Environment L5 Assignment Brief

Bus 2.1 Level 5 Assignment Brief

Assessment criteria to be assessed in this assignment

Task 1

Evaluate and analyse the factors that influence business and the responses that can be deployed to manage these factors.

Describe the differences between the macro and micro environments and explain the various approaches used by business managers/analysts to understand them (e.g. - PESTEL and SWOT analysis).

Using a case example or scenario, identify where business performance could be positively or negatively affected by external factors and trends.

Recommend responses to external factors and trends.

A.C 1.1: Identify and make use of different approaches to understanding the macro and micro environments for business.
A.C 1.2: Review business resources and external factors and trends to identify where business performance could be positively or negatively affected.
A.C 1.3: Recommend responses to external factors and trends.

Task 2

Appreciate how an integrated approach to understanding the business context and decision making can support business development.

Using a case example, evaluate the role played by management in responding to a changing business environment.
You can use,

FACTORS INFLUENCING STRATEGIC CHANGE MANAGEMENT PRACTICES AT COCA
COLA COMPANY IN KENYA [available in study section]
Alternatively, you can use any other case study of your choice.
Using your case example, Identify and prioritise organisational changes that would exploit positive or counteract negative business environmental factors and trends.
Explain the potential impact of responding to business environmental factors and trends.

The above discussion will help you to achieve.

A.C 2.1: Identify and prioritise organisational changes to individual businesses that would counteract negative or support positive business environmental factors and trends.
A.C 2.2: Use case examples to illustrate the impact of responding to business environmental factors and trends.
A.C 2.3: Evaluate the role of management in responding to a changing business environment.

Task 3

Explain changes in the relationship between business, government and the public sector. Use scenarios and models to illustrate changes in relationships.

Identify opportunities that may arise due to changes in relationships.

The above discussion will help you to achieve.

A.C 3.1: Explain changes in the relationship between business, government and the public sector.
A.C 3.2: Use scenarios and models to illustrate changes in relationships.
A.C 3.3: Identify opportunities that may arise due to changes in relationships.

Suggested Resources

• Worthington, I., Britton, C., (2009) The Business Environment, Chapter 1,2,3, 5, 6, 13 Pearson 7/E
• Needle, 2010, Business in Context, Chapter 4 p 98 – 122, Fifth Edition, Cengage.
• Burnes, B., (2015) Managing Change, Chapter 2, 4 and 7, 6th Edition, Person.
• Whetton, 2011, Developing Management Skills, Pearson Education, Chapter4, 5 and 10
• Anderson A., Anderson D., (2010). The Change Leader’s Roadmap: How to Navigate Your Organization’s Transformation, 2 edition, Wiley
• Bremer, M., Lamers, M., (2012). Organizational Culture Change: Unleashing your Organization’s Potential in Circles of 10
• Bui, H., & Baruch, Y. (2010). Creating learning organizations: a systems perspective. The Learning Organization, 17(3), 208–227.
• Czinkota et al, (2005). International Business, Chap 5, The Theory of international Trade, pp148 -179, Thomson South Western
• Holt, Quelch, Taylor, (2005). How Consumer Value Global Brands, Harvard Business School, Working Knowledge
• Garvin, D. a, Edmondson, A. C., & Gino, F. (2008). Is yours a learning organization? Harvard Business
• Review, 86(3), 109–16, 134. Retrieved from PubMed
• Kotter, J., (1996) “Developing a Vision and Strategy”. Leading Change. 72. Library of Congress, Cataloging-In-Publication Data.
• Kotter J., (1995). Leading Change: Why Transformation Efforts Fail, Harvard Business Review, March to April.
• OECD (1997), In Search of Results: Performance Management Practices, OECD, Paris.
• Shek, P., Wong, P., & Lam, K. Y. (2012). Facing Turbulence: Driving Force for Construction
• Organizations to Regain Unlearning and Learning Traction, (October), 1202–1212.

Guidelines for completion and Submission

Plagiarism and Collusion

In submitting the assignment Learner’s must complete a statement of authenticity confirming that the work submitted for all tasks is their own. The statement should also include the word count.

UKPDA recommends the following to check plagiarism/similarity. Plagiarism Checker

Learners are required to attach the similarity report in submission slot or email to tutor.

Plagiarism and collusion are treated very seriously. Plagiarism involves presenting work, excerpts, ideas or passages of another author without appropriate referencing and attribution.

Collusion occurs when two or more learners submit work which is so alike in ideas, content, wording and/or structure that the similarity goes beyond what might have been mere coincidence

Referencing

A professional approach to work is expected from all learners. Learners must therefore identify and acknowledge ALL sources/methodologies/applications used.

The learner must use Harvard Referencing system to achieve this. Marks are not awarded for the use of English; however, the learner must express ideas clearly and ensure that appropriate terminology is used to convey accuracy in meaning.

Appendices

You may include appendices to support your work, however appendices must only contain additional supporting information, and must be clearly referenced in your assignment.

You may also include tables, graphs, diagrams, Gantt chart and flowcharts that support the main report should be incorporated into the end of the assignment report that is submitted.

Any published secondary information such as annual reports and company literature, should be referenced in the main text of the assignment, in accordance of Harvard Style Referencing, and referenced at the end of the assignment.

Word Count Policy

The recommended word count for assignment is 3500 words. Learners must comply with the required word count, within a margin of ±10%. These rules exclude the index, headings, tables, images, footnotes, appendices and information contained within references and bibliographies. When an assessment task requires learners to produce presentation slides with supporting notes, the word count applies to the supporting notes only.

Submission of Assignments

All work to be submitted on the due date. All work must be submitted in a single electronic document (.docx file), or PDF.