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Strategic Management for Competitive Advantage Assignment Help

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Strategic Management for Competitive Advantage

Learning Objective 1: To develop the skills necessary for employment and career progression

Answer: Developing the skills necessary for employment and career progression involves a combination of technical and soft skills. Technical skills are specific to a particular job or industry, such as programming, accounting, or marketing. Soft skills, on the other hand, are transferable skills that are valuable in any workplace, such as communication, problem-solving, and teamwork. To develop these skills, individuals can pursue formal education, participate in training programs, or gain experience through internships and part-time jobs. Additionally, networking, mentorship, and continuous learning are essential for staying updated with industry trends and acquiring new skills.

Learning Objective 2: Be culturally and ethically aware

Answer: Being culturally and ethically aware means understanding and respecting diverse cultures and values. It involves recognizing and appreciating differences, avoiding stereotypes, and communicating effectively across cultural boundaries. Ethical awareness implies adhering to moral principles, acting with integrity, and making responsible decisions. By cultivating cultural and ethical awareness, individuals can foster harmonious relationships, build trust, and contribute positively to a globalized world.

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Learning Objective 3: Have developed leadership and management capability

Answer: Having developed leadership and management capability signifies the ability to guide, motivate, and inspire teams towards achieving common goals. It involves effective communication, decision-making, problem-solving, and strategic thinking. Leaders and managers with these skills can create positive work environments, foster innovation, and drive organizational success. This capability is often honed through experience, education, and ongoing professional development.

Learning Objective 4: Have developed and applied knowledge of international business and management theory

Answer: Having developed and applied knowledge of international business and management theory equips individuals with a comprehensive understanding of global business practices, cultural nuances, and economic factors. This knowledge enables them to navigate complex international markets, make informed strategic decisions, and collaborate effectively with diverse teams. By applying these theoretical concepts to real-world situations, individuals can enhance their global competitiveness and contribute to the success of multinational organizations.

Learning Objective 5: Have developed a range of research skills and project capabilities

Answer: Having developed a range of research skills and project capabilities signifies the ability to conduct thorough investigations, analyze data, and implement effective solutions. This includes skills such as critical thinking, problem-solving, data analysis, information literacy, and effective communication. By applying these skills to various projects, individuals can contribute to innovative solutions, make informed decisions, and drive positive outcomes.

You will participate in a business simulation exercise ("Business Game") based on the European Car Industry. The purpose of the exercise is to give you the opportunity to use the learning from the four functional areas (marketing, finance, human resources and operations management) to simulate the setting up and running of a business which is competing for market share.

Company - Crporate social responsibility and sustainability of "ubereats" company

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Expert Assistance for Developing Strategic Management and Leadership Skills Assignment: Master Unit 01 of the Extended Diploma in Strategic Management and Leadership with Confidence and Precision.

Assessment A

Each team will submit a group report on the Round 1 decisions with the following sections:

Part 1. Peer assessment form with the names and signatures of all team members.

Part 2. The team's business plan for Round 1 (word limit 1,500 words) as follows:
i. Mission statement - what is the purpose of your company?
ii. Business Objectives - measurable targets for the end of Round 4 (e.g. market share)
iii. Chosen market segments with brief descriptions of target customers and your marketing strategy
iv. Your competitive strategy - why will people buy your cars rather than those from other companies?
v. The rationale underlying the choices of designs, options and R&D
vi. The rationale for the prices charged for each car
vii. The rationale for production/HRM decisions such as investment in automation

Part 3. An appendix containing minutes of the team meetings that took place up to the submission of the Round 1 Decision. These should show attendance, topics discussed, an outline of the team discussion of each topic, the decisions made (and how they were made) and actions agreed.

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Assessment B

Each student will submit an individual report (word limit 5,000 words). This report will consist of the following sections laid out EXACTLY as follows:

Part 1. Front page, with your name, ID, Seminar Group number, Team number and word count.

Part 2. Contents (with page numbers)

Part 3. Introduction: A brief (maximum 50 words) statement of the business objectives (from Assessment A) and a brief (maximum 100 words) summary of the company performance during the game and how far you succeeded in meeting the business objectives; a table showing total sales, total unsold stock, shareholder funds, closing bank balance and outstanding loan at the end of each of the four rounds. These figures should be in £m, to the nearest £1 million.

Part 4. Company Performance: A clear analysis and explanation (2000 words) of what happened during the game supported by graphs/tables of key financial and non-financial data for the company.

Part 5. Learning: A critical reflection (2000 words) on how the team used the financial, marketing, operations and human resources management material taught during the semester to make responsible business decisions affecting at least one stakeholder group internal to the organisation and at least one stakeholder group external to the organisation.

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Part 6. Conclusion: An evaluation (150 words) of the extent to which your organisation met the key strategic objectives set out in part 3 above, with an indication for the reasons these objectives were fully met, partially met or not met at all.

Part 7. Team Performance: A critical evaluation (700 words) of the performance of the team and a personal reflection on your role in the team.

Part 8. References: Remember that all sources cited in the Assessment should appear in the reference list.

Part 9. Appendices (not more than 6 pages). These should be used for supporting data and can include tables and graphs. However, Section 4 should include graphs of key data to support the explanation of performance. Key graphs and tables should appear in the body of your work.

Assessment C

Provide an individual (1500 words) critical evaluation of the organization sustainability and CSR, alongside the financial performance of a major international corporation of your choice.

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