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EBWO3001Effectiveness in the Business World

Added on - 07 Jan 2020

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Summer 17Effectiveness in the Business World (EBWO3001) – Resit PortfolioName:Student Number:Lecturer name:Assessed Learning Outcomes:1.Demonstrate an understanding of the concept of the organisation and theenvironment in which it operates, including determining the competitive advantagefor an organisation.2.Identify and analyse organisational operations, responsibilities3.Discuss the needs of the consumer and people who work in a business.4.Recognise a range of issues related to business and how they interlink.WeekContentsLearning
PageoutcomesWeek 3LO2Choosing one business from the list,OUTLINEwiththe aid of a diagram, the organisational chart for thebusiness and describe the key features of theorganisational structure (e.g. flat or tall and functionalareas) and responsibilities.3LO2Week 4LO11. Briefly discuss the importance of the Porter's fiveforces framework to any given business.2.Using your knowledge of the framework, conduct anenvironmental analysis of your chosen company intask4LO1Week 5LO4Choose an organisation from the list provided and statethe industry it belongs to.Discuss how the company has adapted to the changingneeds of the workforce or in response to pressure fromit.5LO3Week 6LO3Describe an organisation that has had to adapt tochanging customer demand. How did they do it? Howsuccessful were they?6LO3Week 7LO4Select an entrepreneur in business of your choice.Provide the link to the source and date published.1. Briefly describe the type of entrepreneur are they.2. Discuss the reasons andFiske, S.T. and Taylor, S.E.,2013.Social cognition: From brains to culture. Sage.their motivations for becoming an entrepreneur.7LO4Total word limit:1500 words (+/- 10%)
This Portfolio is a working document thatMUSTbe completed over the 11-week course. Forsome of the tasks, you are required to apply concepts and theories discussed during lecturesto business news stories.By the end of the 5 week course, you should have completed 5 tasks. You will also berequired to work on your Portfolio during your weekly tutorial session.Below are some companies you may choose to discuss and news sources that can be used tofind information about them.Please note that you cannot resubmit work from previous semesters. You shouldchoose different examples of companies, organisations and entrepreneurs from anywritten about previously on this module.Possible Companies to Discuss:Possible News Sources:
ASSESSMENT - PORTFOLIOWeekTask 1WordCountWeek3LO2Choosing one business from the list,OUTLINEwith theaid of a diagram the Organisational chart for the Businessand describe the key features of the organisationalstructure (e.g.flat or tall and functional areas)300WordsBusiness:An organisational structure should be sound in terms of structure. There are fivemain features that a good structure has:1.Clear line of Authority.2.Proper delegation of work.3.Fewer managerial levels.4.Proper emphasis on staff.5.Unambiguous and Flexible.Clear line of Authority:Structure adopted can be in any form, but there should notbe any ambiguity in the structure. Running from higher level to lower level theremust be clear line of authority. Implies that what is to be achieved from theorganisation should be very clear and what official relations are to maintained bythem. Frictions and inefficiencies occur when there is unambiguity in clarifyinglines of authority. (Hong and Lu, 2016.)Proper delegation of work:When the authority is divided properly it would beeffectively explained as the concept of ultimate authority. It is the authorization ofpowers to different managerial persons in order to make decisions for theorganisation.Fewer managerial levels:As far as possible it should be taken care that there areless managerial levels in the organisation. If there is longer line of communication,it would create problem in communication process. Delay in communication wouldlead to, delay in implementation of decision making process.
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