Management in Practice
Summative Assessment
Business Problem Solving
Assessment: Business problem-solving and action plan
"Execute the solution you proffered in assessment 1 supported with no more than 3 recommendations. This can be created as a business portfolio, in the form of an essay, and students must use the given assessment template. You must apply business principles and key business theories".
Learning Outcome 1: Employ self-assessment methods to develop effective teams
Learning Outcome 2: Operate as a manager controlling the strategic management process See below
Learning Outcome 3: Choose and modify strategies to successfully manage a business towards profitability
Assessment criteria
Communication Skills:
The ability to present a good introduction and conclusion to communicate the scope of the assessment.
Adequate academic skills are demonstrated and aid the overall presentation and appropriate understanding.
This includes but is not limited to; the ability to organise and structure text, ability to use style-appropriate language and maintain a formal
academic writing tone.
Theoretical application:
Demonstrate an understanding of the business principles and key business theories e.g.: SWOT, Ansoff Matrix, Enterprise Architecture.
Demonstrate excellent processes for effective business problem- solving and execution of the solution. Get your questions answered now!
The ability to theorise the solution is demonstrated
Critical Thinking and Writing Skills:
You have applied excellent critical thinking and writing skills to present relevant background information, classify the business problems to an excellent standard, and describe how the problem posits in the given case study.
Ability to demonstrate knowledge and understanding of topics
covered is present.
Assessment preparation:
After critically analysing the different management practice gaps in your assessment 1, you are required to establish the solution to those problems, define the strategies to execute them and present no more than three feasible recommendations. Remember that your proposed solution must be theorised using key principles of management theories.