Business Strategy | My Assignment Tutor

ICON COLLEGE OF TECHNOLOGY AND MANAGEMENTPearson BTEC HND in BusinessUnit 32 Business Strategy (RQF)Assignment BriefSession: September 2020 Programme titleBMKT6 Pearson BTEC HND in Business (RQF)Unit number and titleUnit 32Business StrategyUnit TypeOptionalUnit Level and CreditValueLevel 515 CreditAssessor (s)Dr Anthony Stevenson, Dr Svitlana Shevelova, Dr PosiOlatunbosun, Ms Cheryl Osborne-GibbonsIssue Date3 October 2020Final assignmentsubmission deadline04-09 January 2021Late submission deadline11-16 January 2021The learners are required to follow the strict deadline set by the Collegefor submissions of assignments in accordance with the BTEC level 4–7submission guidelines and College policy on submissions.Resubmission deadlineTBAFeedbackFormative feedback will be available in class during the semester.Final feedback will be available within 2 weeks of the assignmentsubmission date. GeneralGuidelines• The work you submit must be in your own words. If you use a quote or anillustration from somewhere, you must give the source.• Include a list of references at the end of your document. You must give allyour sources of information.• Make sure your work is clearly presented and that you use correct grammar. Internal verifierDr Gilbert ZvobgoSignature (IV of thebrief) *[email protected]/9/20 Assignment Brief – continued2ICON College of Technology and ManagementPearson BTEC HND in Business (RQF)Unit 32: Business StrategySession: September 2020CourseworkRecommended Word limit: 3,500–4,500This Unit will be assessed by assignment.You are strongly advised to read “Preparation guidelines of the Coursework Document”before answering your assignment.ASSIGNMENTAssignment Context and Scenario:You have been recruited as a trainee Strategic Planning Manager by a large enterprise (with atleast 250 employees) of your choice. Your line manager has asked you to produce anenvironmental analysis and a strategic growth management plan based on the use of recognizedinternal and external analytical tools taking into account the company objectives of growth andexpansions. You are required to devise a draft strategic Plan based your analysis based on theuse of recognised internal and external analytical tools taking into account the company objectivesof growth and expansions.You are required to devise a strategic plan based on the environmental analysis.What you must doLO1 Analyse the impact and influence which the macro environment has on an organisation.You are required to write a brief profile of your chosen organisation including mission, vision andobjectives. You should then apply appropriate frameworks to analyse the macro environment. Youmay also critically analyse the macro environment to determine and inform strategic managementdecisions.LO2 Assess an organisation’s internal environment and capabilities.Like the external environment, an organisation’s internal environment can determine its success orfailure. Using appropriate frameworks analyse the internal environment and capabilities of yourchosen organisation. You may critically analyse the internal environment to assess strengths andweaknesses of your chosen internal capabilities, structure and skill set.LO3 Evaluate and apply the outcomes of an analysis using Porter’s Five Forces model to agiven market sector.You are required to apply Porter’s five forces model and to evaluate the competitive forces in yourchosen organisation’s industry. Based on the evaluation, you may devise appropriate strategiesto improve your organisation’s competitive edge and market position.LO4 Apply models, theories and concepts to assist with the understanding andinterpretation of strategic directions available to the chosen organisation.You are required to apply appropriate models in interpreting and devising strategic planning for yourAssignment Brief – continued3chosen organisation. Porter’s generic strategies and Bowman’s extended model of strategy can betwo of the possible frameworks that you may use. You may also produce a strategic managementplan that will direct the organisation’s future survival in a competitive market.You may also critically interpret the information from both the external and internal environmentand data, applying environmental and competitive analysis to produce a set of valid strategicdirections, objective and tactical actions.Relevant InformationTo gain a Pass in a BTEC HND Unit, you must meet ALL the Pass criteria; to gain a Merit, you mustmeet ALL the Merit and Pass criteria; and to gain a Distinction, you must meet ALL the Distinction,Merit and Pass criteria. Grading CriteriaLearning OutcomePassMeritDistinctionsLO1 Analyse theimpact and influencewhich the macroenvironment has onan organisation.P1 Apply appropriateframeworks to analysethe macro environmentfor a given organisationM1: Critically analyse themacro environment todetermine and informstrategic managementdecisions..D1: Critique and interpretinformation and data, applyingenvironmental and competitiveanalysis to produce a set of validstrategic directions objectivesand tactical actionsLO2 Assess anorganisation’s internalenvironment andcapabilities.P2 Using appropriateframeworks analyse theinternal environment andcapabilities of a givenorganisationM2 Critically analyse theinternal environment toasses strengths andweaknesses of anorganization’s internalcapabilities structure andskill set.LO3 Evaluate andapply the outcomes ofanalysis usingPorter’s five forcesmodel to a givenmarket sector.P3 Apply Porter’s fiveforces model and toevaluate thecompetitive forces of agiven market sector foran organization.M3: Devise appropriatestrategies to improvecompetitive edge andmarket position based onthe outcomes.LO4 Apply models,theories and conceptsto assist with theunderstanding andinterpretation ofstrategic directionsavailable to anorganisation.P4 Apply a range oftheories, concepts andmodels, interpret anddevise strategicplanning for a givenorganisation.M4: Produce strategicmanagement plan that hastangible and tacticalstrategic priorities andobjectives. Assignment Brief – continued4Guide to student1. Preparation guidelines of the Coursework Documenta. Document margins must not be more than 2.54 cm (1 inch) or less than 1.9cm (3/4inch).b. The assignment should be in a formal business style using single spacing and fontsize 12.c. Standard and commonly used type face such as Arial should be used.d. All figures, graphs and tables must be numbered.e. Material taken from external sources must be properly referenced using the Harvardreferencing system.f. You should provide references using the Harvard referencing system.g. Do not use Wikipedia as a reference.2. Plagiarism and CollusionAny act of plagiarism or collusion will be seriously dealt with according to the Collegeregulations. In this context the definitions and scope of plagiarism and collusion arepresented below:Plagiarism is presenting somebody else’s work as your own. It includes copyinginformation directly from the Web or books without referencing the material;submitting joint coursework as an individual effort.Collusion is copying another student’s coursework; stealing coursework from anotherstudent and submitting it as your own work.Suspected plagiarism or collusion will be investigated and if found to have occurredwill be dealt with according to the College procedure (For details on Plagiarism &Collusion please see the Student Handbook).3. Submissiona. Initial submission of coursework to the tutors is compulsory in each unit of thecourse.b. The student must check their assignments on ICON VLE with plagiarism softwareTurnitin to make sure the similarity index for their assignment stays within theCollege approved level. A student can check the similarity index of their assignmentthree times in the Draft Assignment submission point located in the home page ofthe ICON VLE.c. All Final coursework must be submitted to the Final submission point into the Unit(not to the Tutor). The student would be allowed to submit only once and that isthe final submission.d. Any computer files generated such as program code (software), graphic files thatform part of the coursework must be submitted as an attachment to the assignmentwith all documentation.e. Any portfolio for a Unit must be submitted as a hardcopy to examination office.f. The student must attach the tutor’s feedback from the First submission in betweenthe cover page and the answer in the case of Resubmission.4. Good practicea. Make backup of your work in different media (hard disk, memory stick, etc.) to avoiddistress for loss or damage of your original copy.Assignment Brief – continued55. Extension, Late Submission and Resubmissiona. If you need an extension for a valid reason, you must request one using anExceptional Extenuating Circumstances (EEC) form available from the Collegeexamination office and ICON VLE. Please note that the tutors do not have theauthority to extend the coursework deadlines and therefore do not ask them to awarda coursework extension. The completed form must be accompanied by evidencesuch as a medical certificate in the event of you being sick, and should be submittedto the Examination Office.b. Late submission will be accepted and marked according to the College procedure. Itshould be noted that late submission may not be graded for Merit and Distinction.c. All late coursework must be submitted to the Late submission point into the unit(not to the Tutor) in the ICON VLE. A student is allowed to submit only once andthat is also treated as the final submission.d. Only one opportunity will be given for reassessment (resubmission) will be permittedand the assessment will be capped at Pass for the unit. In addition, no resubmissionwill be allowed in any component of the assessment for which a Pass grade orhigher has been achieved.e. Repeat Units – A student who has failed to achieve a Pass in both Final/Latesubmission and in the Resubmission must retake the unit the full attendance andpayment of the unit fee. The overall unit grade for a successfully completed repeatunit is capped at Pass for that unit. Units can only be repeated once.6. Submission deadlines Online to the ICON College VLEFinal Submission date: 04-09 January 2021Late Submission date: 11-16 January 2021Glossary:Analyse: Identify separate factors, say how they are related and how each one contributesto the topic.Apply: Use a particular method/technique to solve a problemAssess: to determine the importance, size and value of something. Or give carefulconsideration to all the factors or events that apply or identify which are the most importantor relevant.Critically analyse: When you critically analyse you look at the arguments for and againstan issue. You look at the strengths and weaknesses of the arguments.Critique: evaluate (a theory or practice) in a detailed and analytical wayDevise: detailed systematic and step by step planning of a workEvaluate: review the information then bring it together to form a conclusion. Give evidenceof each of your views or statement.Produce: detailed structured and well-planned presentation of work


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