How the management functions can be applied

Assignment Help Business Management

Reference no: EM133556233 , Length: word count:2700

Foundations of Business Management

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

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%)

Learning outcome 1: To describe and recognize personal strengths, biases, weaknesses, and values
Learning outcome 2: To evaluate critical thinking and evaluate past experiences, actions, or decisions.
Learning outcome 3: To express thoughts, insights and articulate the significance of experiences and lessons learned in writing.
Learning outcome 4: To identify areas for professional growth and development.
Learning outcome 5: Embrace a growth mindset and commitment to continuous learning.
Learning outcome 6: Develop a habit of self-reflection as a tool for ongoing personal and professional development.

Assessment Details
The word count isa maximum of 700 words.

Reference no: EM133556233

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