Reference no: EM132439677
MOD003353 Business Environment Assignment - Anglia Ruskin University, UK
Assessed Learning Outcomes-
Identify the financial and ICT issues for key business functions.
Appraise and recognise use of corporate governance and ethics within a business context.
ASSESSMENT INSTRUCTIONS - This is a 2,500-word assessment and it consists of two Tasks. You are required to write a report of 1250 words for each of the two tasks.
TASK 1 -
"Creativity concerns the use of imaginative thought, leading to new ways of seeing things and may result in innovative solutions to a problem or the initiation of a change. Technology is often used in the process of creativity and creating". Kelly, P. & Ashwin, A. (2013).
1. Assess the impacts of innovation and technology and how it has affected the sales, profits and growth of one of the following companies.
a. Royal Mail PLC
b. Lloyds Bank PLC
c. Glencore PLC
d. Kainos PLC
e. Avast PLC
ASSESSMENT CRITERIA -
Knowledge and understanding of technological innovation.
Understanding of the relationships between innovation and economic development.
Abilities to appreciate the role of technological change in economic progress.
Identify the financial and ICT issues for key business functions.
POINTS TO CONSIDER:
1. Demonstrate your understanding of innovation, and the role of technological change in economic progress.
2. A brief overview of your chosen company, and practical illustrations of how innovation has impacted the sales, profits and growth of your chosen company.
TASK 2 -
"Corporate governance involves a set of relationships between a company's management, its board, its shareholders and other stakeholders. Corporate governance also provides the structure through which the objectives of the company are set, and the means of achieving those objectives and monitoring performance are determined" OECD (2004) Corporate social responsibility (CSR) can be defined as where a business attempts to meet certain ethical, legal and commercial expectations as set by society. As a business goal, corporate social responsibility has grown in importance over recent years.
Using the same organisation chosen for Task 1:
2. Evaluate the importance of Corporate Social Responsibility (CSR) for the organisation.
3. Apply Archie Carroll's (1991) CSR model to the organisation.
ASSESSMENT CRITERIA -
Knowledge and understanding of corporate governance.
Abilities to appraise and recognise use of corporate governance and ethics within a business context.
Understanding of the importance of Corporate Social Responsibility (CSR).
Understanding of a CSR model (Archie Carroll's model) and its practical applications.
POINTS TO CONSIDER:
1. You must briefly discuss corporate governance, including the responsibilities of the Board of Directors to the stakeholders.
2. Explain the four areas that make up corporate social responsibility as identified by Archie Carroll. (1991). Apply this model to your chosen company. Please give relevant practical examples to demonstrate your understanding of this model.
Note - Total Word Limit: 2500 Words and You must use the Harvard referencing system.