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Unit 18: Global Business Environment Sample Assignment

   

Added on  2021-06-30

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ASSIGNMENT 2 FRONT SHEETQualificationBTEC Level 5 HND Diploma in BusinessUnit number and titleUnit 18: Global Business Environment (530)Submission dateDecember 21, 2020Date received (1stsubmission)Re-submission dateDate received (2ndsubmission)Student nameVu Tran Minh QuangStudent IDGBS190821ClassGBS0805_NXAssessor nameNguyen Ngoc DanhStudent declarationI certify that the assignment submission is entirely my own work and I fully understand the consequences of plagiarism. I understand thatmaking a false declaration is a form of malpractice.Student’s signature:Grading gridP3P4P5P6M3M4D2

Summative Feedbacks:ResubmissionFeedbacks:Grade:Assessor Signature:Date:Internal Verifier’s Comments:Signature & Date:

I. Introduction:This assignment will discuss about the 7S Model of McKinsey and continuo defining the globalization,how it affects to Meiko company.II. Main body:1. Analyzing 7S according to the McKinsey model, how 5S analysis affects the structure and cultureof the business:The 7S modelspecifiesseven factorsthatare classified as“hard” and “soft” elements.Hardelements are simply known and influenced by management,whereas soft elements are fuzzier,moreintangible, and influenced by company culture. The hard elements are include:Strategy: The strategy is the plan deployed by a company in order to stay competitive in its industryand market.An idealapproach is to determine a long-term strategy that aligns with the oppositecomponents of the model and clearly communicates what the organization’s needs and goals are.Structure:The structure ofthe organization is formed from its company hierarchy,the chain ofcommand,and divisionalmakeup that outlines how the operations operate and interconnect.Ineffect, it details the management configuration and responsibilities of employees.Systems: Systems of the corporate seek advice from the daily procedures, workflow, and selectionsthat compose the quality operations among the organization.The soft elements are as follows:

Shared values: Shared value are the normally accepted standards and norms among the corporatethat each influence and temper the behavior of the complete employees and management.Thiscould be detailed in company pointers bestowed to the employees. In practice, shared values relateto the particular accepted behavior among the workplace.Skills:Skills comprise the skills and capabilities of the organization’s employees and management,which may verify the types of achievements and work the corporate can accomplish.There couldcome back a time once an organization assesses its obtainable skills and decides it should buildchanges in order to realize the goals set forth in its strategy.Style: Style speaks to the example and approach that management takes in leading the corporate,additionally as how this influences performance, productivity, and company culture.Staff: Staff refers to the personnelof the corporate,however massive the workplace is,wherevertheir motivations reside, additionally as how they’re trained and ready to accomplish the tasks setbefore them.For Meiko company:McKinsey 7S modelis applicable in a wide variety ofsituations whereverit’s helpfulto knowhowever the varied elements of a corporation work along. It can be used as a tool to create selections onfuture company strategy. The framework is used as a strategic coming up with toolby organizations toindicate how ostensibly disparate aspects of a company are,in fact,reticulated and dependent uponeach other to attain overall success.Strategy is an action attempt to bring the success ofthe mission as mentioned .Take turns onspecific action plans that have been and are being created at Meiko Vietnam:-Product-Marketing:Production processes allhave very terribly quality control,do notleavemistakes in quality control, technology lines forever need high exactness and ease, labelto match.The merchandise is usually on the market There is always hearing from customers to boost thestandard and style. The Meiko is always aiming to increase the capability of the device from theresale off.

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