Assessment Information COMMONWEALTH OF AUSTRALIA Copyright Regulations 1969 This material has been reproduced and communicated to you by or on behalf of Kaplan Business School pursuant to Part VB of...

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Company- Lumo Energy - https://www.lumoenergy.com.au/ Lumo Energy, as is Red Energy, are trading names of Snowy Hydro, an Australian energy retailer operating in Victoria and South Australia. Lumo Energy has been wholly owned by Snowy Hydro since 2014. The business offers electricity and gas packages in Victoria and South Australia


Assessment Information COMMONWEALTH OF AUSTRALIA Copyright Regulations 1969 This material has been reproduced and communicated to you by or on behalf of Kaplan Business School pursuant to Part VB of the Copyright Act 1968 (‘Act’). The material in this communication may be subject to copyright under the Act. Any further reproduction or communication of this material by you may be the subject of copyright protection under the Act. Kaplan Business School is a part of Kaplan Inc., a leading global provider of educational services. Kaplan Business School Pty Ltd ABN 86 098 181 947 is a registered higher education provider CRICOS Provider Code 02426B. Assessment 1 Information Subject Code: Subject Name: Assessment Title Assessment Type: Length: Weighting: Total Marks: Submission: Due Date: MBA600 Capstone: Strategy Competitive Advantage Video Project Individual Recorded Video 10 minutes (no more) 25% 100 Online (Vimeo) Week 6 . Your task Individually, you are required to create a 10-minute video, in which you must briefly describe an organisation, analyse its environment and then identify and analyse its competitive advantage. Assessment Description. In this individual assessment, students will be given an opportunity to focus all their previous MBA learning (both theory and practice) to describe and analyse a successful real-world organisation in relation to its development of a sustainable competitive advantage. (LO1 and LO2) Assessment Instructions Individually, choose for analysis an organisation of from the alternatives in the list provided. It should be of interest or relevance to you, your current position and/or your MBA specialisation. Note, the organisation you pick will also be used in Assessment 2. The list will be visible in the Assessments section of MBA600 on MyKBS. Assuming the role of an organisational consultant, you are to apply your strategic thinking skills by researching the organisation and analysing the factors that clearly identify and explain its competitive advantage. Findings should be presented in a video which provides an overview in a form and tone that could be presented to the organisations executive team. It should be 10 minutes long and contain 8 to 10 slides that assist the executive to understand the findings presented. Areas covered should include: • Introduction. • A brief overview of the organisation. • An analysis of the external and internal environment using appropriate theories and frameworks. • Clear articulation of the competitive advantage identified. • A diagnosis of the sources, strengths, weaknesses and future sustainability of the competitive advantage outlined. • A conclusion that identifies strategic opportunities and risks. Assessment Information COMMONWEALTH OF AUSTRALIA Copyright Regulations 1969 This material has been reproduced and communicated to you by or on behalf of Kaplan Business School pursuant to Part VB of the Copyright Act 1968 (‘Act’). The material in this communication may be subject to copyright under the Act. Any further reproduction or communication of this material by you may be the subject of copyright protection under the Act. Kaplan Business School is a part of Kaplan Inc., a leading global provider of educational services. Kaplan Business School Pty Ltd ABN 86 098 181 947 is a registered higher education provider CRICOS Provider Code 02426B. You are encouraged to use a wide variety of information sources that include, where possible, primary research such as interviews with staff or executive members within their chosen organisation. Students are also encouraged to explore and utilise features of webinar technologies and to include a wide range of multimedia and/or interactive content that is in appropriate for a presentation to an executive. You are required to use at least 10 sources of information and reference these in accordance with the Kaplan Harvard Referencing Style. These may include websites, government publications, industry reports, census data, journal articles, and newspaper articles. These references should be presented as a reference list at the end of your video. Assessment Submission Students are encouraged to submit their work well in advance of the deadline to avoid any possible technical difficulties. For those students who have limited experience in video making techniques, it is recommended to read video FAQs document that is available to you under the assessments tab in MyKBS. Late assignment submission penalties Penalties will be imposed on late assignment submissions in accordance with Kaplan Business School “late assignment submission penalties” Policy. Number of days Penalty 1* - 9 days 5% per day for each calendar day late deducted from the total marks available 10 - 14 days 50% deducted from the total marks available. After 14 days Assignments that are submitted more than 14 calendar days after the due date will not be accepted, and the student will receive a mark of zero for the assignment(s). Note Notwithstanding the above penalty rules, assignments will also be given a mark of zero if they are submitted after assignments have been returned to students *Assignments submitted at any stage within the first 24 hours after the deadline will be considered to be one day late and therefore subject to the associated penalty For more information, please read the full Policy via https://www.kbs.edu.au/about-us/school-policies https://www.kbs.edu.au/about-us/school-policies Assessment Information COMMONWEALTH OF AUSTRALIA Copyright Regulations 1969 This material has been reproduced and communicated to you by or on behalf of Kaplan Business School pursuant to Part VB of the Copyright Act 1968 (‘Act’). The material in this communication may be subject to copyright under the Act. Any further reproduction or communication of this material by you may be the subject of copyright protection under the Act. Kaplan Business School is a part of Kaplan Inc., a leading global provider of educational services. Kaplan Business School Pty Ltd ABN 86 098 181 947 is a registered higher education provider CRICOS Provider Code 02426B. Important Study Information Academic Integrity Policy KBS values academic integrity. All students must understand the meaning and consequences of cheating, plagiarism and other academic offences under the Academic Integrity and Conduct Policy. What is academic integrity and misconduct? What are the penalties for academic misconduct? What are the late penalties? How can I appeal my grade? Click here for answers to these questions: https://www.kbs.edu.au/about-us/school-policies Time Limits for Video Assessments Submissions that exceed the time limit by more than 10% will cease to be marked from the point at which that limit is exceeded. Study Assistance Students may seek study assistance from their local Academic Learning Advisor or refer to the resources on the MyKBS Academic Success Centre page. Click here for this information. https://www.kbs.edu.au/about-us/school-policies https://elearning.kbs.edu.au/course/view.php?id=1481 COMMONWEALTH OF AUSTRALIA Copyright Regulations 1969 This material has been reproduced and communicated to you by or on behalf of Kaplan Business School pursuant to Part VB of the Copyright Act 1968 (‘Act’). The material in this communication may be subject to copyright under the Act. Any further reproduction or communication of this material by you may be the subject of copyright protection under the Act. Kaplan Business School is a part of Kaplan Inc., a leading global provider of educational services. Kaplan Business School Pty Ltd ABN 86 098 181 947 is a registered higher education provider CRICOS Provider Code 02426B. MBA600 Assessment 1 Marking Rubric – Competitive Advantage Video Project 25% Marking Criteria (__/100) F (Fail) 0 – 49% P (Pass) 50 – 64% C (Credit) 65 – 74% D (Distinction) 75 – 84% HD (High Distinction) 85 -100% Introduction __/10 marks Provides poor context and does not link to the assessment in a clear and coherent way. May be missing entirely. Provides satisfactory context but links to the assessment in only a partially clear and coherent way. Provides reasonable context and links to the assessment in a clear and coherent way. Provides solid context and links to the assessment in a clear and coherent way. Provides excellent context and links to the assessment in an extremely clear and coherent way. Organisation Overview __/10 marks Overview is poorly presented, not thorough and does not identify sufficient pertinent issues. Overview is satisfactorily present but not very thorough and only identifies a few of the pertinent issues. Overview is well presented, reasonably thorough and identifies some of the most pertinent issues. Overview is very well presented, very thorough and identifies most of the pertinent issues. Overview is excellently presented, extremely thorough and identifies all the pertinent issues. Analysis of External and Internal Environment __/15 marks Poor evaluation of environment that superficially describes and poorly identifies context. Answer is not substantiated by strategy frameworks. Satisfactory evaluation of environment that describes and identifies context. Answer has limited substantiation using strategy frameworks. Good evaluation of environment that partially analyses and partially identifies context. Answer is partially substantiated by strategy frameworks. Very good evaluation of environment that fully analyses and clearly identifies context. Answer is predominantly substantiated by strategy frameworks. Excellent evaluation of environment that logically analyses and thoroughly identifies context. Answer is fully substantiated by strategy frameworks. Outline of Competitive Advantage __/25 marks Competitive advantage is discussed using no or minimal key theories to frame an answer that is incoherent and does not link to the sources material. Competitive advantage is discussed using a small number of key theories to frame an answer in a relatively coherent way that partially links to an explanation of current sources. Competitive advantage is discussed using some key theories to frame an answer in a clear way that links to the explanation of current sources. Competitive advantage is discussed using most key theories to frame an answer in a coherent way that links clearly to the explanation of current sources. Competitive advantage is discussed using all key theories to frame an answer in an extremely coherent way that links seamlessly to the explanation of current sources. Conclusion with Strengths, Weakness and Sustainability __/20 marks Strengths, weaknesses and sustainability poorly evaluated, poorly analysed, and poorly applied with respect to the organisation in question
Answered 6 days AfterApr 05, 2021MBA600

Answer To: Assessment Information COMMONWEALTH OF AUSTRALIA Copyright Regulations 1969 This material has been...

Sanjukta answered on Apr 09 2021
132 Votes
Management
Lumo Energy 
Company overview (LUMO ENERGY)
Lumo is owned by the Snowy Hydro Limited
It is an Australian retailer that operates in South Australia and Victoria
This business offers gas and electricity packages
2
Lumo Energy is the company that is owned by Snowy Hydro Limited from the year 2014. The main thing that is offered by the firm is gas and electricity packages in the South Australia an
d victoria. The industry of the organization is energy and the type is private. However, it has been observed that Lumo Energy made certain alterations for enhancing relations of the consumers by refreshing the communications of the consumers and re-branding their website as well (Nelson et al., 2019).
Introduction
This report will be based on Lumo Energy
Entire company will be analyzed
Using proper frameworks and tools the analysis of internal and external environment will be done
Strategic risks and opportunities will be identified as well
3
This entire report will be based on the energy retailer of Australia namely Lumo Energy. This analysis will help the company to identify its weaknesses, threats and utilize the opportunities and strengths so that they can stand out of the crowd instantly. This will be done with the help of proper theories and frameworks such as Porter’s Five Forces, SWOT analysis, PESTLE analysis, etc.
Analysis of internal and external environment (SWOT AND PESTLE)(week 3) (analysis of the external and internal environment using appropriate theories and frameworks)
Strength is providing great deals on gas and electricity(Azpitarte et al., 2015)
Weakness- the lack of understanding about different marketing channels
Opportunities- Being in the first position
Threats- potential competitors in Australia
4
Swot analysis
Strengths- - Operates in Australia strongly and serves a lot of consumers
Strong presence across Australia
It is a vertically integrated firm and has strong market presence
Weaknesses- It is only present in Australia only
The operational efficiency is interrupted due to the interference of the government
Opportunities- A lot of bright opportunities in the South Asian countries
High demand in terms of power in the Australia
Threats- Consolidation in terms of power industry in the Australia
Cut-throat competition (big companies)
PESTLE analysis-
Political- The political instability in the electronic utilities sector in Australia and also the level of corruption.
Economic- The economic growth rate due to covid-19 may go down and the unemployment rate can go up that will effect Lumo Energy negatively
Social- the skill level and the demographics of Australia during this time of crisis will be affecting the Lumo Energy negatively
Technology- The recent technological advancements will be helping the company to reach toward extreme heights
Legal- Australia’s legal framework and institution is quite robust for protecting the intellectual property rights of the firm
Environment- A lot of harmful gasses is produced hence there will be huge pressure on Lumo Energy
Porter’s five forces (week 3)
Competitive rivalry- High amount of rivalry as they are not the biggest company
Substitutes- the main threat will be from traditional energy producers
Threat of new entrants- Considering the competition in the state the threat remains low
Bargaining power of suppliers- High
Bargaining power of buyers- No or low
5
Porter’s five forces
Competitive rivalry in the marketplace- It can be said that the distribution of the energy is quite rewarding. Due to the major multinational firms in the Australia the competition is highly intense so Lumo Energy.
Threats from the substitutes- the generation of the energy has been in altering due to the change in requirements as well as the patterns of the consumption. Furthermore, energy is such an element that is required as a commodity but the method of production is changing so the threat for Lumo Energy is moderate in the short term but can be high in the long term (Christodoulou and Cullinane, 2019).
The threat from the new entrants- There is significant amount of competition...
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