FN7226 Managing Resources in the International Business Environment Assessment 1

FN7226 Assessment Component 1

Learning Outcomes Evidenced by this assignment: 

Knowledge

1. Make informed strategic choices based on an understanding of the financial and economic environment and of key institutions within it.
2. Determine the likely impact of changes in financial and economic circumstances on organisations and industries with which they are associated.

Thinking skills

3. Appraise the financial performance and standing of a business or business unit.
4. Determine the likely impact of changes in financial and economic circumstances on organisations and industries with which they are associated.

Subject-based practical skills

5. Critique and contribute to project appraisal decisions.
6. Assess the appropriate means whereby international businesses can raise and manage financial resources.

Skills for life and work (general skills)

7. Make informed contributions to policy debates within their industry or sector.
8. Communicate effectively on financial and economic matters to both expert and non-expert audiences.

YOUR TASK

(Scenario):

1) You are given a FTSE 100 company and you are the Senior Management Team of this company. As Senior Management Team (Group of 6), you must remain informed of any current Global developments that can impact your company.

You have access to current Financial Times Newspaper.

a. You are provided with Annual reports of the company and Current FT newspapers. You are to identify very recent global event/news/data reported in given Newspapers that can potentially impact on your company in coming days (Up to year). 

b. You  need  to  assess in your team that  how  does you selected News/Event disturb the current impact of ‘Any two of the following international forces’on your company (positively/negatively)? 

1. Distributive (concerned with the supply of goods to retailers)
2. Economic (study of the production, distribution, and consumption of goods and services
3. Socio-economic (relating to combination of social and economical factors)
4. Labour
5. Socio-cultural
6. Political
7. Legal
8. Technological
9. Financial

c. Identify if the  impact is positive or negative for each force and devise a strategy to deal with that impact.

2) Analyse most recent financial accounts of your company (provided). Please advise the board how prepared is your company financially to implement your suggested strategies (Q1 above).

Guide to completing the task:

1. Identify and explain risks or opportunities in your team, 
2. Distribute resources available and set individual tasks.
3. Write individual reports and make summary points.
4. Bring your summary points back to the team meeting and devise a strategy toeither minimize risk posed or make the most of the opportunity. Use A3 sheets provided to make visual presentation and present to the Board (Assessor).
5. Explain   the   news that effects your company   and   why,   establish   how(negatively or positively), justify your selection and impact, devise a strategyto   deal with   impact,   observe   financial   statements closely to justify   howprepared the company is to  implement   your  recommended   strategy,   what could be potential hurdles.
6. Present while seated in your workshop set-up the Assessors will come to you(you don’t need to present to the whole audience).
7. You have 3 and a half hours to complete this task 10:00 AM to 1:30 PM.
8. Presentations/Assessments will take place between 1:30 PM to 4:30P M.
9. Remain seated until advised to go.
10. Please hand in your flipchart,individual reports, and points sheets to the Assessors for submission.
11. You should make sure that your Student ID is on each Flipchart and individual sheet.

Further Guidance:

You are encouraged to work as a team to prepare a brief report and present on a A3 to the Board (Assessor). Make sure as instructed above: Given task/available resources must be divided and each team member to complete an individual up to a 250-word report (1 page approximately).

Use given A4 plain sheets provided and write your student number. These must be attached for the submission. Each member must bring summary points from their own analysis back to the team meeting and contribute to wards making  a  presentation.  Each  team member must present/contribute to  the final   presentation.   Marks   may   vary   according   to   the individual  presentation   and report.

No online access allowed, all information provided and must be referenced in your work.

Make sure to:

Base your discussion on ANY 2 of the following international forces:

a. distributive
b. economic
c. financial
d. socioeconomic
e. labor
f. sociocultural
g. political
h. legal
i. technological

Presentation:

• Students must prepare their presentation on the A3 sheets given. All students present to contribute equally and mark clearly.
• All student to present to the assessor.
• Include your individual reports and notes.
• Design posters as best as you can, use your endless creativity.
• Bring your student cards for attendance.
• Include/confirm student numbers on the poster VERY CLEARLY (No Names).
• Assessment Workshop will start 10:30 AM sharp.
• Provided:
  oA3 and A4 sheets
  oColoured Markers and Pens
  oCurrent Financial Times
  oExtracts from Annual Report including Financial Statements (any 1 from below list)
  oAssessment Brief
  oFormula sheet

Re-assessment of work

You will need to retrieve this assignment if any of the following occur during the semester:

• You fail to achieve 40% or more for this assignment.
• You fail to achieve 50% for the whole module and you failed to achieve 40% or morefor each component of this module.

You will be expected to complete a similar piece of work for your second attempt.

Your assignment brief will be available on: TBC.

Assessment Criteria: