Context: Contemporary businesses that do not adequately or properly address the factors in their environment succumb to pressures that they cannot account for. Post examples of firms that have...

Context: Contemporary businesses that do not adequately or properly address the factors in their environment succumb to pressures that they cannot account for. Post examples of firms that have experienced severe disruptive events, causing significant loss of revenue, or firms that have had to close entirely due to factors in their environment are common. Instructions: The business case study is a comprehensive assessment of the environmental factors that led to a prominent business to make a significant loss, or which led to its closure. You must choose the case of a high profile Australian or International business that fits this criterion. Then: • Correctly identify and analyse the specific event(s) which led to the loss/closure. Describe the environment in which the business was operating, discussing in the context of the theories and frameworks presented in this subject
MGT501_Assign2-v.1.0 Page 2 of 5• Describe the environmental factors leading to the loss by categorising these events into the elements of the business environment espoused in this subject • Accurately describe the response by the business which was unsuccessfulThe structure of the assignment should follow standard case study structure • Introduction and background information • Body of information and discussion of relevant topics • Conclusion and summary • Referencing in the APA style


Microsoft Word - MGT501-Assign3-v.1.0.docx MGT501_Assign2-v.1.0 Page 1 of 5 ASSESSMENT BRIEF Subject Code and Name MGT501 Business Environment Assessment Assignment Three – Business Case Study Individual/Group Group Length 5500 words Learning Outcomes This assessment addresses the following subject learning outcomes: a) critically evaluate the effect of the external environment on firms b) select and apply appropriate frameworks to resolve the challenges faced by firms c) analyse and synthesise industry specific factors in the context of firm decision-making processes d) Create a business case for potential growth opportunities based on analysis of external environmental factors Submission By 23:59 Friday of part one of Module 6 Weighting 40% Total Marks 40 marks Context: Contemporary businesses that do not adequately or properly address the factors in their environment succumb to pressures that they cannot account for. Post examples of firms that have experienced severe disruptive events, causing significant loss of revenue, or firms that have had to close entirely due to factors in their environment are common. Instructions: The business case study is a comprehensive assessment of the environmental factors that led to a prominent business to make a significant loss, or which led to its closure. You must choose the case of a high profile Australian or International business that fits this criterion. Then: • Correctly identify and analyse the specific event(s) which led to the loss/closure. Describe the environment in which the business was operating, discussing in the context of the theories and frameworks presented in this subject MGT501_Assign2-v.1.0 Page 2 of 5 • Describe the environmental factors leading to the loss by categorising these events into the elements of the business environment espoused in this subject • Accurately describe the response by the business which was unsuccessful The structure of the assignment should follow standard case study structure • Introduction and background information • Body of information and discussion of relevant topics • Conclusion and summary • Referencing in the APA style Submission Instructions: Submit your assignment in .docx or .pdf format only via the assessment link in Blackboard. The Learning Facilitator will provide feedback with reference to the criteria below via the Grade Centre in the LMS portal. Feedback can be viewed in My Grades. Team Member Evaluation Form Each team member should fill out a team Evaluation Form individually and confidentially and submit it in Assessment 4. You will rate each group member’s contribution to each category by providing a score of either 0,1, 2, 3 and 4 (0 for low, 4 for high). You will then total your ratings. This total rating will be used in calculating the Team work attribute mentioned in the marking rubric of Assessment 3. MGT501_Assign2-v.1.0 Page 3 of 5 Learning Rubric: Assessment Criteria Fail (Unacceptable) 0-49% Pass (Functional) 50-64% Credit (Proficient) 65-74% Distinction (Advanced) 75 -84% High Distinction (Exceptional) 85-100% Analysis of Environment 20% Examine the influence of the external environment on the organisation Limited understanding of the environmental factors influencing the chosen business. Neglects to subcategorise the environmental factors into the five categories of environmental influences. No references Identifies a proportion of the environmental factors influencing the chosen business; the largest influencers are named. Correctly subcategorises a majority of the factors discussed. Accesses relevant information to discuss and categorise environmental factors. Incomplete reference list. Identifies a majority of the environmental factors influencing the chosen business. Correctly subcategorises and explains all of the factors discussed. Accesses and correctly references relevant information to discuss and categorise environmental factors. Complete reference list. Correctly identifies all of the environmental factors influencing the chosen business. Correctly subcategorises and thoroughly explains all of the factors discussed. Accesses and correctly references relevant information to discuss and categorise environmental factors. Correct reference list. Not only identifies all environmental factors, provides insight and discussion on potential further environmental challenges faced by the business. Discusses the wider Australian business environment as well as the external environment of the chosen business to provide a linked picture of the complete external environment of the chosen business. Mastery of concepts and application to new situations/further learning. Comprehensive reference list with all new points cited correctly. Application of Framework 20% Identify and apply appropriate frameworks and tools to the problems and challenges faced by organisations Demonstrates no understanding of framework concepts relevant to the five external environment components. Demonstrates little understanding of strategies to respond to the external business environment by providing non-specific solutions to issues discussed in the report. Demonstrates correct and complete knowledge of strategies relevant to the business chosen, offers solutions to a range of issues presented in the case. Identifies the key issues in the external business environment and provides a correct strategy to deal with each. Identifies the key issues in the external business environment and provides a correct strategy to deal with each, as well as a thorough explanation and justification of each strategy, and a feasible method of implementation. MGT501_Assign2-v.1.0 Page 4 of 5 Assessment Criteria Fail (Unacceptable) 0-49% Pass (Functional) 50-64% Credit (Proficient) 65-74% Distinction (Advanced) 75 -84% High Distinction (Exceptional) 85-100% Industry Specific Decision-Making Factors 20% SLO addressed: a) Research and relate industry specific factors to the organisation decision-making Fail to discuss the Australian industry specific factors related to business Broadly mentions industry factors relevant to the external business environment Researches and discusses a range of industry factors which contribute to the external business environment. Researches and discusses a range of industry factors which contribute to the external business environment. Ties these factors in with reference to the Australian/local business environment/context. References this information to develop decision making strategies. Researches and thoroughly discusses all industry specific factors which contribute to the external business environment. Ties these factors in with reference to the Australian/local business environment/context. Uses this information to develop relevant decision making strategies. Application of Framework 15% SLO addressed: b) Apply a relevant framework to evaluate the macro and micro environmental influences on an organisation Does not address selected issues in any way. Partially addresses issues with incorrect methods. Identifies certain issues discussed in report with correct methods as discussed in course content. Identifies all relevant issues by applying known framework as discussed in course content to situation accurately. Applies known framework thoroughly to situation to correctly identify all issues which need to be addressed. Extends upon known framework to discuss novel solutions to issues at hand. Applies known framework exactly to issues discussed, refines and extends upon this framework to not only identify current environmental issues and influences, but speculates on possible external influences and environmental issues not discussed with insight. MGT501_Assign2-v.1.0 Page 5 of 5 Assessment Criteria Fail (Unacceptable) 0-49% Pass (Functional) 50-64% Credit (Proficient) 65-74% Distinction (Advanced) 75 -84% High Distinction (Exceptional) 85-100% Growth Opportunity 15% SLO addressed: c) Create a business case for potential growth opportunities based on analysis of external environmental factors Does not address possible future growth of business using frameworks and tools from course content, or through discussion of external environment. Provides relatively broad idea for future growth by applying concepts and discussing four areas of external environment. Provides specific strategies for potential future growth by addressing each of the four environmental factors specifically. Offers specific growth strategies for each of the four external environmental factors, as well as by addressing the broader environmental context as a whole. Offers insightful and novel strategies which address each area of the external environment comprehensively, as well as discussing the broader environmental context at length. Team Work 10% Places individual goals ahead of the group responsibility. Hinders the group process and upsets the schedule issues. Identifies team and individual goals, tasks, responsibilities and schedules Identifies team and individual goals, tasks, responsibilities and schedules. Contributes to group processes. Works together with others towards shared goals. Renegotiates responsibilities to meet needed change Supports the team in a valuable way. Facilitates team development. Renegotiates responsibilities, tasks and schedules to meet needed change Leads teams. Evaluates team’s outcomes. Implements strategies for enhancing team effectiveness