Identify the elements of the external context of business

Assignment Help Business Management

Reference no: EM133561609 , Length: 2700 Words

Foundations of Business Management

Assessment 1:

Assessment Information - What you need to do

This assignment requires you to write an essay on the following topic:

How can the application of relevant management theories and concepts help a company navigate the challenges posed by globalization while considering legal implications and optimizing its choice of business entity in a new country? Based on your understanding of business environments and management functions, choose an organization, a theoretical framework and address the following:

- Evaluate the external factors impacting the company's business practices and strategy due to globalization
- Explain how the management functions can be applied or should be applied within the company to address the influence of the factors;
- Evaluate the benefits and complexities of the business entity in the given context;
- Demonstrate strong academic research, critical writing and referencing skills by incorporating a relevant theory and 10 academic references in the field of business management.

This assignment is designed to assess the following learning outcomes:

- Identify the elements of the external context of business practice & report the impact of globalization on business

- Explain the management functions (PLOC)

- Describe the relationship that exists between business and the law

- Discuss the nature, characteristics, advantages and disadvantages of different forms of business

- Demonstrate academic research, writing & referencing skills

Assessment 2 - Reflective Online Graphic Powerpoint

Design a graphic powerpoint reflecting on the module and the process of addressing assessment one covering the following:
• Reflect on your understanding and experience;
• Use a narrative style in writing/bullet points;
• Indicate any challenges or insights encountered;
• Include graphics or visual aids, if applicable, to support your reflection on the
feedback process;
• Use a theoretical framework to reflect on your experience.

The criteria for marking the assessment relate to four main components which are as follows:

• Introduction, Purpose and Method (20%)
• Discussion and Creativity (40%)
• Conclusion and Referencing (20%)
• Structure and Coherence (20%)

This assignment is designed to assess the following learning outcomes:
• To describe and recognize personal strengths, biases, weaknesses, and values
• To evaluate critical thinking and evaluate past experiences, actions, or decisions.
• To express thoughts, insights and articulate the significance of experiences and lessons learned in writing.
• To identify areas for professional growth and development.
• Embrace a growth mindset and commitment to continuous learning.
• Develop a habit of self-reflection as a tool for ongoing personal and professional development.

Assessment Details
This would be a powerpoint presentation submitted online via Turnitin comprising of approximately 6 - 8 slides, excluding title and references slides. The word count isa maximum of 700 words.

Reference no: EM133561609

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