L7 Business Simulation – Global Business Strategy Assignment Brief | ULaw

Learning Outcomes:

1. Critically analyse the business environment to categorise the determinants of business performance.
2. Examine business situations to establish organisation’s capabilities; identify critical issues and evaluate options available to address the issues.
3. Develop an understanding of how to approach management decision-making, assessing alternatives, and making deliberate thoughtful decisions.
4. Justify the decisions made on the allocation of resources and evidence the value added clearly.
5. Appraise Environmental, Social, and Governance (ESG) considerations and practices and the implications for organisation’s perception and performance.

Assessment details: Individual Portfolio, 100% (equivalent to 2,500 words)

Referencing: Students are expected to use Harvard Referencing throughout their assignments where required. Please follow the Harvard Referencing Handbook for all your assignments at the ULBS.
Submission Method: Turnitin - Your work will be put through Turnitin. All submissions will be electronically checked for plagiarism and the use of AI software.

You have the option to upload your work ahead of the deadline, more than once. ULBS will be reviewing your last submission only. You can only upload one file. For example, if your work contains a Word document and PowerPoint slides/Excel spreadsheet you will need to copy your slides/spreadsheet into the Word document.

Note: Keep in mind that self-plagiarism (when you reuse your own specific wording and ideas from work that you have previously submitted without referencing yourself) is also a form of plagiarism and is not allowed.

ASSIGNMENT DETAILS

A portfolio organised to collect pieces of evidence on your learning journey will be used to assess this module. The portfolio will comprise pieces of evidence that underpin your decision-making process and a summary report that showcases the knowledge gained, skills developed and your experience throughout the simulation exercise. Your task is to create your portfolio comprising two key components- evidence of your decision-making process (across all departments) and a SUMMARY REPORT. Your evidence of decision-making process will be produced upon completion of simulation rounds 5-8 and will comprise evidence of concepts, theories and justifications that guide your decisions and results, specific to the round of simulation being appraised. Your summary report (1500 words) concludes your portfolio.

The Global Business Strategy simulation activity is elaborated below.

Your simulation entails 8 iterations/rounds of business activities split into two parts (rounds 1-4 & rounds 5-8). You are required to rotate the leadership of the various departments of the organisation in two iterations. Your first attempt in part one (rounds 1-4) of the simulation and your second attempt in part two (rounds 5-8). 

The departments are listed.

1. Finance Department
2. Marketing Department
3. Production Department
4. Sustainability Department

TASKS

Upon completing the first part of the simulation, you are now required to build your portfolio during the second part by providing evidence of your decision-making process (across all departments) on rounds 5-8 focusing on the department you led during the rounds starting with round 5 activity by mid-term. This will be followed by your summary report at the end of the simulation exercise.

Therefore, you are required to provide four separate sets of evidence and one summary report.

The pieces of evidence for the different departments should comprise the following:

Task one: Decision-making process artefacts (LO 1,2,3,4 & 5) I Units 6-9

• Situation analysis and Goals for the round
• Strategies adopted and Result evaluation

Your summary report should comprise the following:

Task two: Summary Report (LO3 & 4) I Unit 9

• Title
• Introduction
• Overview of Key decisions across rounds
• Overview of results across the rounds
• Aligning approaches/decisions to results
• Conclusion

Portfolio instructions:

• Please note that your portfolio should have 5 main pages. Page one: Decision-making process artefacts 1 – Page two: Decision-making process artefacts 2 - Page three: Decision-making process artefacts 3 - Page four: Decision-making process artefacts 4 – Page five: Summary Report

Any write-up in the Portfolio should be written using Arial font type, font size 12, and 1.5 line spacing

Proper citations are essential. All tasks require referencing academic and other sources, listed in a Harvard Referencing style, and presenting a reference list at the end of the Portfolio. Whenever you use external sources (pictures, definitions, line of argumentation), clearly state this at the end of the sentence or paragraph by referencing the original article using the Harvard Referencing style.

Assessment Criteria – Global Business Strategy Simulation