Wiki Page, Principles of Management (22S1): Student Assignment 2 Guidance

Wiki Page
2022-04-26T11:00:51+08:00

Assignment 2- Essay

The purpose of this assignment is for the student to go more deeply into the unit. Sub-topics can be taken from a list given out in the first week or a topic of choosing by the student but approved by the lecturer.

Topic List:

Describe the firm’s organisation (structure, benefits and drawbacks) using management theory and suggest improvements to make the organisation more efficient and effective.

Describe how the firm sets objectives and uses goal setting to reach their desired goals. Also suggest improvements to make the firm’s goal setting process more efficient and effective.

Describe how the firm’s management process in a Global Environment (if there is a process, benefits, drawbacks and main issues they face in a changing environment) using management theory and suggest improvements to make the firm’s process more efficient and effective.

Describe how the firm formulates and sets their strategy (if there is a strategy formulation process, benefits, drawbacks and main issues they face in a changing environment) using management theory and suggest improvements to make the firm’s process more efficient and effective.

The report should include an analysis and evidence of an extensive literature review plus an analysis of how you would apply your learning in the future to inform the way you manage. The overall mark will be worth 40% of the final mark for this unit.

Word Limit: 2000 words

a. Bring and review your researched information- company websites , articles and other google scholar information regarding your firm/company and the desired topic you have completed from assignment 1.

Organisation of the Firm

Setting goals and objectives

Managing in a Global Environment and

Strategy Formulation.

b. Write up 3 paragraphs with structure below.

Introduction Describe the situation faced by the selected company from Assignment 1. Explain if this situation/ issue makes your company in-efficiency and in-effectiveness to manage in a changing business environment. (Example for Topic 1 is the current organisational structure efficient and effective for your company in a changing business environment?) Explain that in this Essay you have done further research ( literature review) on your topic and will provide recommendations for improved managerial effectiveness and efficiency from your topic's perspective)

Example for Topic 1:

Paragraph 1 : Describe the company's current situation in detail- What is current situation/ current issue you have found out in Assignment 1 around this topic area?. (Example for Topic 1, explain current structure and how the current investigated situation creates potential problems for the company and its benefits and drawback of the currents structure for the situation your topic area.

Paragraph 2 :

Explain what is best management practice in your topic from the perspective of efficiency and effectiveness?. Reference you research based on company's website then support your findings from your textbook ( as your primary source) , EBSCO database premier ( library website) and other reputable scholarly databases . ( Example for Topic 1: Then describe from assignment 1 (paragraph 3) your research what is one key recommendations your have provided in more detail and how it will help improve efficiency and effectiveness)

Paragraph 3: Provide some further solutions and recommendations for improvements to your selected topic from the perspective of efficiency and effectiveness. Example for Topic 1: Then describe the if you make these solutions and recommendations in structure will improve the efficiency and effectiveness from a management perspective? Please use theory from your textbook to support these ideas. Reference you research based on company's website then support your findings from EBSCO database premier ( library website) and other reputable scholarly databases.

Conclusion: Summaries your findings from this essays research and key recommendation ( at least 1 recommendation which may be the best solutions0 for improvements to your company's topic.

References: Company website, Annual Report, Database ( ESBCO) , Harvard Business Review and textbook. Minimum 5 sources and max 10 sources.

Style: APA 7th Edition