Essay on role of strategic planning to contemporary business

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Reference no: EM131962863 , Length: word count:1000

Assessment - Essay

Assignment details:

Essays test a student's ability to assess information, formulate arguments, and critically evaluate different alternatives to issues or problems.

The Task:

In this assessment students must write a 1,500-word essay on one of the following topics:

- The role and importance of planning and strategic planning to contemporary business
- The impact of internal and external factors on the business operating environment
- The identification and application of effective ethics in contemporary business and decision making.

The precise wording and scope of the essay should be discussed and agreed with the subject coordinator by the end of Week Four.

Format

Your lecturer will provide a briefing and outline on how the essay is to be undertaken, completed and submitted.

You are required to undertake the following in conducting your research and analysis:

1. Refer to and apply relevant models, concepts, theories and literature in the field of business management.

2. You are expected to incorporate relevant research and theory from the broader business management literature (e.g., journal articles and/or books), not just the text and course materials (in addition to 'other' sources, your reference list should include a minimum of two journal articles)

Essay Section

Your essay submission must be developed with section headings as listed below with the relevant content, research and analysis included under each heading:

The Role and Importance of Planning and Strategic Planning To Contemporary Business
- Overview
- Overview of topic/subject area
- Strengths/weakness of planning and strategic planning
- The strengths/weaknesses of planning and strategic planning in a contemporary business
- Impact of planning and strategic planning
- Impact of planning and strategic planning on organisational commitment and decision making
- Analysis of the importance of planning and strategic planning in a contemporary business
- Identify relevant models, concepts, theories and literature in the field of business management
- Identity supporting research and theory from business management literature, journals, etc.
- Summary
- Summary of essay and research findings

The Impact of Internal and External Factors on the Business Operating Environment
- Overview of topic/subject area
- Identifying internal and external factors
- Identifying and rating/classifying internal and external factors that can impact on the business operating environment
- Impact of the internal and external factors
- Identifying the impact the identified internal and external factors have on the business operating environment
- Analysis of the impacts these internal and external factors have on the business operating environment
- Identify relevant models, concepts, theories and literature in the field of business management that address these factors and their impacts
- Identity supporting research and theory from business management literature, journals, etc. on these factors.
- Summary
- Summary of essay and research findings

The Identification and Application of Effective Ethics in Contemporary Business and Decision Making
- Overview
- Overview of topic/subject area
- Strengths/weakness of Effective Ethics
- The strengths/weaknesses of applying ethics in a contemporary business and their effect on decision making
- Impact of Effective Ethics
- Impact of effective ethics in contemporary business and decision making
- Analysis of the importance of applying effective ethics in a contemporary business and its decision making
- Identify relevant models, concepts, theories and literature in the field of business management
- Identity supporting research and theory from business management literature, journals, etc.
- Summary
- Summary of essay and research findings

Verified Expert

In the current assignment, we have written an essay on the topic impact of internal and external factors on the business operating environment. We have explained about both the factors and their effect on the organization's working.

Reference no: EM131962863

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Reviews

len1962863

4/30/2018 12:58:53 AM

Analysis and impacts of topic/subject area Analysis and impacts of topic/subject area are very clearly identified and analyzed. 5 marks Summary Summary of essay and research findings are very clearly identified and explained. 4 marks Use academic language and structure. Adhere to referencing conventions and acknowledge sources. A coherent, concise and fluent argument in discipline specific academic language. Acknowledged all relevant sources. Accurate and consistent referencing system. 4 marks

len1962863

4/30/2018 12:58:48 AM

Submission Criteria The following elements will be assessed in this submission: Criteria Marks Overview Topic area has been very clearly stated and identified. 5 marks Strengths and Weaknesses of topic/subject area Strengths and Weaknesses of topic/subject area are very clearly identified and explained with appropriate depth and details. 6 marks Impact of topic/subject area Impact of topic/subject area in the contemporary business sphere has been clearly identified, explained, and comprehensively stated. 6 marks

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