Reference no: EM132799452 , Length: word count:2250

BSS066-6 Management Practice (Placement) Assignment - University of Bedfordshire, UK

Assignment title - Report on Business Simulation

Unit learning outcomes - On completion of this assignment you should be able to:

1. Demonstrate a systematic understanding and critical appreciation of theories in the MBA toolkit to challenge existing preconceptions and develop positive and enquiring approaches to management and enterprise.

2. Demonstrate intelligent practice by imaginatively and critically integrating theory and practice, stipulating areas of excellence and reflecting on areas for development to improve performance in a dynamic competitive environment.

Task - The assessment strategy supports the emphasis on experiential and enquiry-based learning in progressively supporting the effective integration of theory and practice to facilitate your transition into the professional work environment. You will participate in a competitive business game designed to simulate a realistic management situation. You will engage in the simulation as part of a group and as team of 'Directors', over successive periods you will monitor the performance of your own business and the competition, adjusting your strategic and tactical decisions accordingly.

The performance of your team and the final outcome will depend on how effectively you apply theory in practice to support critical analysis and evaluation in context. Your aim is to enact informed problem solving and identify opportunities as a result of your clear decision making.

You will need to draw extensively on theories and techniques from your MBA toolkit through taught units, for example, including:

- Strategic Management

- Marketing

- Human Resource Management

- Performance management

- Operations Management and Finance

The assessment of your task:

You will be assessed on an individual report. This demands in-depth critical analysis and evaluation of theory in practice leading to clear conclusions and feasible recommendations. Your individual report should be 2250 words and cover:

1. On the effectiveness of your individual performance in making team decisions.

2. Consider, how theory which you have learnt on the course was demonstrated both in your decisions and how as a team your final recommendations emerged.

Your report must be professionally written in business report style. It should be clear and concise to best communicate your analysis, concisely communicating your ideas through integration of theory and practice, your conclusions and recommendations. You should ensure that throughout you integrate theory and practice.