Report On Roman Originals - Strategic Approach | Innovative Approach
Added on 2020-02-05
11 Pages3360 Words42 Views
Report1
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................3Task 1...............................................................................................................................................31. Outlining the impact of unfavorable labor practices on performance of Roman Originals....32. Evaluating the methods of research and tools ........................................................................43. Discussing ethical consideration of research...........................................................................44. Outlining clear research objectives, using SMART targets.....................................................4TASK 2............................................................................................................................................5Identifying, evaluating and justifying using sound arguments a new strategic direction............5Critically evaluating strategic solution........................................................................................5Demonstrating the ability to consider enterprise and innovation during learning activities.......6Anticipating and responding flexibility and creativity to the changing strategic environment ofthe organization ...........................................................................................................................7CONCLUSION................................................................................................................................8REFERENCES..............................................................................................................................102
INTRODUCTIONStrategic development of an organization is the important task which assists corporationto integrate all business activities and support corporation to increase overall rate of return in themarketplace. Present report is based on Roman originals which provides ladies clothing in HighStreet of UK. Basically the firm aims to design products in accordance with requirement ofcustomers. The company applies appropriate strategies to build good relationship with suppliersand ensure to maintain higher quality of all its products and services. Furthermore, study coversresearch proposal and innovative approach through which strategic direction can be given tobusiness. TASK 1AimTo assess impact unfavorable labor practices on performance of Roman Originals1. Outlining the impact of unfavorable labour practices on performance of Roman OriginalsThe ethical conduct of business is the most important task which determines its long runsuccess with increased rate of return. Current investigation will be based on work related ethicalissue of Roman Originals under which business is suffering from unethical practices will betaken into account. It is because corporation face issue related to blue and black color dresswhich was manufactured with inclusion of labour child (McElroy, 2014). It is considered as theunethical practices which affected performance of corporation to a great extent (Leonidou and et.al., 2013). However, appropriate implementation of social media marketing strategy made itpossible to increase sales turnover and improve performance of business in the marketplace(Müller and et. al., 2016). The company producing its product in Haryana (India) associated with doznes of childrenhelping to produce clothes. The age of those kids were almost 13, 14 who supported business tooffer its good quality of products to the ends users. Roman originals possess long history in theladies clothing. It is developed over several years of servicing the high street. 2. Evaluating the methods of research and tools Research methodology is the most important aspect through which researcher collect dataand analyze the same for producing valid outcome. The current study on assessing impact of3
unfavorable labour practices, qualitative type of investigation will be applied under whichresearcher relies upon secondary data basically (Goetsch and Davis, 2014). Here, articles andnews published on the business will be accessed so as to gather proper evidence and propose theeffective solution for firm (Bryman, 2015). Owing to this, only secondary will be collected andqualitative type of investigation will be used for analysis of collected information (Fening,Appiah and Frempong, 2015). This has been taken as it presents the methods that will be usedfor gathering information. 3. Discussing ethical consideration of researchEthic is the most important aspect considered in the research and any other relatedactivity. Here, researcher must focus on ethical standard of doing researcher so as to present theoutcome which can be used by beneficial party. In the current research on impact of unfavorablelabor practices, scholar consider previous studies to collect necessary information and cite for thesame in an effectual manner (Ritchie and et. al., 2013). Apart from this, in case of participants ofhuman being, researcher will ensure to record information with confidentiality and not anypersonal information will be included. It would be effective to ensure ethical conduct of entireresearch proposal and meet the research objectives in a more effective manner. In addition tothis, outcome of the present research will be same as the previous studies as it will not slightlydifferent. In this manner, outcome will be same as other studies and bring froth valid suggestionsfor issues which are being faced by Roman Originals (Harriss and Atkinson, 2015).4. Outlining clear research objectives, using SMART targetsThe present research would focus on understanding the concept of labour practices andits link with organizational success. Further it provide evidence about unethical labour practicesimplemented in Roman Originals. Along with this it offer suggestions for ethical conduct ofbusiness and good performance of Roman Originals.TASK 2Identifying, evaluating and justifying using sound arguments a new strategic directionThe strategic direction of firm is determined with active participation of all managementworking at upper level. They incorporate their ideas and suggestions so that accordingly they cancontribute towards success of the business in the marketplace (Hounslea, 2017). However,unethical labour practices affect performance of corporation to a great extent (Weiss, 2014). At4
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