assignment
Assignment 1 Title: Case Study Discuss the importance of five forces model, SWOT matrix, and value chain analysis in assessing the nature of competition in an industry. Critically analyse when does a business should pursue a differentiation strategy? Task Description Assessment Task: The assessment involves the application of strategic management theories, concepts and tools covered in the unit to analyse a case. You are required to select a case from any industry. The objective is to analyse the case from the strategic management point of view, given the information they had at a particular point in time. You are required to have a good understanding of the microenvironment and industry-related factors that influence a business to devise new strategies. It is important that you recognise that internal resource and capability assessment is vital for a company before taking any new strategic initiative. You are required to explain how a value chain analysis helps a business to identify the areas of competitive advantage and sources of threats. A comprehensive understanding of three generic business-level strategies will give a better analytical framework to discuss why and how a business should pursue a differentiation strategy. You need to focus on the competitive benefits of a differentiation strategy. This is an individual assessment with a maximum of 1500 words to be written in a business report format. Your submission should use a combination of at least 10 (ten) academic journal and textbook references. Please upload the assessment through the appropriate Moodle link. Assessment must be uploaded as a .doc or .docx file (word file). Any assessment with a ‘Turnitin’ score of more than 15% will be checked by the marker and unit coordinator for potential plagiarism issue although it may not necessarily mean that you have plagiarised. If there is a substantial similarity score in the ‘Turnitin’ report, your assessment could be forwarded to an appropriate office/authority. Submission Date: Week 6 Friday (28 Aug. 2020) 11:55 pm AEST Weighting: 40% Assessment Criteria Background of the case. (15%) Use macro-environmental and industry analysis to identify the core competencies of the company and its competitive advantages (30%) Critically analyse the strategies followed by the company. (30%) Discuss future challenges (15%) Referencing (10%). Learning Outcome Assessed: · Undertake scenario analysis, assess risks, and align resources to achieve key priorities · Assess how organisations use strategy in the change management process · Analyse how performance targets and key measures are set, monitored and improved at the organisational, functional and individual level. Graduate Attributes · Communication · Problem Solving · Critical Thinking · Team Work · Information Technology Competence · Cross-Cultural Competence Dear All, Some students have sent emails and posted queries on forum. My general response: 1. You can select one case from your text, anyone case that we discussed at workshops and any other case that you have access and have enough information that you need for assignment one. 2. Please note that you use the case to explain why macroenvironmental factors, industry-related factors, SWOT matrix and value chain concepts are important in strategy making. You give examples from the case you select. 3. You are required to briefly discuss the features of generic business-level strategies, and then discuss how the differentiated strategy option helped the company to gain competitive advantage. 4. Challenges and conclusion could be written together. 5. Do not forget the references. Assignment 1 Outline Background/introduction (15%) • Highlight the importance of macroenvironmental analysis, industry and value chain in assessing the strategy position of a business. Briefly describe the case that you selected and the outline you are going to use in your assignment Main Body • Conduct a macro-environmental and industry analysis to identify the core competencies of a company that you have chosen for your assignment and identify its competitive advantages (30%) • Critical analysis of the strategies followed by the company (30%) Conclusion and discuss future challenges (15%) Referencing (10%). • At least 10 (book chapter, articles, reports, company website, videos, etc.) I will post the cover page on the Moodle site. MGMT19128: Strategy and Change - Marking Rubric: Assignment 1 Criteria Unsatisfactory Poor (<29%) unsatisfactory (29- 49%) satisfactory (50-64%) above average (65-74%) good (75-84%) excellent (85%+) criteria 1 understanding of the importance of macroeconomic and industry related factors in strategy making process no acceptable. very poor reflection of basic knowledge of strategy and change management issues. poor discussion reflecting the importance of macroenvironmental and industry analysis in strategy making. limited discussion on the importance of macroenvironmental and industry analysis in strategy making. satisfactory discussion on the importance of macroenvironmental and industry analysis in strategy making with a reasonable background a better than average discussion of the importance of macroenvironmental and industry analysis in strategy making with a reasonable background. a good and clear discussion of the importance of macroenvironmental and industry factors the section on background is excellent. demonstration of critical thinking, ability to analyse concepts in the context of the changing nature of global economic and business environment is very good. excellent discussion of the importance of macroenvironmental and industry factors. clear and detailed analysis required for introducing background. demonstration of critical thinking, ability to analyse concepts is excellent. criteria 2 understanding the importance of pestel framework and industry related factors influencing the market competitiveness of a business unsatisfactory discussion on macroenvironmental and industry related factors that influence a business to devise new strategies. poor discussion on macroenvironmental and industry related factors that influence a business to devise new strategies. . a little discussion on macroenvironmental and industry related factors that influence a business to devise new strategies. there is no critical analysis satisfactory discussion of macroenvironmental and industry related factors that influence a business to devise new strategies. it lacks critical analysis. acceptable use of critical thinking, concepts and analysis of complexity of economic and business environment. above average of research as demonstrated by a list of references. very good research as demonstrated by a list of references. the discussion of macroenvironmental and industry related factors that influence a business to devise new strategies is well thought and structured. the comparative approach used is very analytical. the discussion of macroenvironmental and industry related factors that influence a business to devise new strategies is well articulated and structured. the comparative approach used is very analytical. well researched and use of wide- ranging references. criteria 3: ability to analyse the main features of generic business strategies. a critical analysis of differentiation strategy identifying how this strategy helps a business to gain competitive advantage. very little understanding of the main features of generic strategies. no clear explanation of how a business can gain competitive advantage by using differentiation strategy. very little understanding of the main features of generic strategies. no clear explanation of how a business can gain competitive advantage by using differentiation strategy. understanding of the main features of generic strategies is very poor. no clear discussion of how a business can gain competitive advantage by using differentiation strategy. the discussion of the main features of generic strategies is satisfactory. no analytical approach is taken to substantiate how a business can gain competitive advantage by using differentiation strategy. the discussion of the main features of generic strategies is good. the analysis of the differentiation strategy and its usefulness and limitations is satisfactory. it could be clear and concise. are adequate the discussion of the main features of generic strategies is very good. the analysis of the differentiation strategy and its usefulness and limitations reflects your level of good understanding and the quality of critical approach you employed. the discussion of the main features of generic strategies is excellent. use of critical thinking, concepts and approaches is praiseworthy. the analysis of the differentiation strategy and its usefulness and limitations reflects your level of clear understanding and the quality of critical approach you employed. mgmt19128: strategy and change - marking rubric: assignment 1 criteria 4 ability to identify the challenges that the business you have chosen might face. a brief conclusion. adequate references. failed to identify challenges. no conclusion is written. references are inadequate no critical observations on the challenges. the conclusion is very vague/unclear. references are inadequate. a very few critical observations on the challenges. the conclusion is very vague/unclear. references are inadequate some observations are made on the challenges. the conclusion could be more succinct and clearer. references are adequate observations on the challenges are clear, but could be more analytical. the conclusion could be more succinct and clearer. references are good 4the discussion on challenges is very good and analytical, the conclusion could be more succinct. references are very good the challenges are identified and critically analysed. the conclusion is well written with focus and clarity. the range of references demonstrates your level of interest and ability to source critical information. unsatisfactory="" (29-="" 49%)="" satisfactory="" (50-64%)="" above="" average="" (65-74%)="" good="" (75-84%)="" excellent="" (85%+)="" criteria="" 1="" understanding="" of="" the="" importance="" of="" macroeconomic="" and="" industry="" related="" factors="" in="" strategy="" making="" process="" no="" acceptable.="" very="" poor="" reflection="" of="" basic="" knowledge="" of="" strategy="" and="" change="" management="" issues.="" poor="" discussion="" reflecting="" the="" importance="" of="" macroenvironmental="" and="" industry="" analysis="" in="" strategy="" making.="" limited="" discussion="" on="" the="" importance="" of="" macroenvironmental="" and="" industry="" analysis="" in="" strategy="" making.="" satisfactory="" discussion="" on="" the="" importance="" of="" macroenvironmental="" and="" industry="" analysis="" in="" strategy="" making="" with="" a="" reasonable="" background="" a="" better="" than="" average="" discussion="" of="" the="" importance="" of="" macroenvironmental="" and="" industry="" analysis="" in="" strategy="" making="" with="" a="" reasonable="" background.="" a="" good="" and="" clear="" discussion="" of="" the="" importance="" of="" macroenvironmental="" and="" industry="" factors="" the="" section="" on="" background="" is="" excellent.="" demonstration="" of="" critical="" thinking,="" ability="" to="" analyse="" concepts="" in="" the="" context="" of="" the="" changing="" nature="" of="" global="" economic="" and="" business="" environment="" is="" very="" good.="" excellent="" discussion="" of="" the="" importance="" of="" macroenvironmental="" and="" industry="" factors.="" clear="" and="" detailed="" analysis="" required="" for="" introducing="" background.="" demonstration="" of="" critical="" thinking,="" ability="" to="" analyse="" concepts="" is="" excellent.="" criteria="" 2="" understanding="" the="" importance="" of="" pestel="" framework="" and="" industry="" related="" factors="" influencing="" the="" market="" competitiveness="" of="" a="" business="" unsatisfactory="" discussion="" on="" macroenvironmental="" and="" industry="" related="" factors="" that="" influence="" a="" business="" to="" devise="" new="" strategies.="" poor="" discussion="" on="" macroenvironmental="" and="" industry="" related="" factors="" that="" influence="" a="" business="" to="" devise="" new="" strategies.="" .="" a="" little="" discussion="" on="" macroenvironmental="" and="" industry="" related="" factors="" that="" influence="" a="" business="" to="" devise="" new="" strategies.="" there="" is="" no="" critical="" analysis="" satisfactory="" discussion="" of="" macroenvironmental="" and="" industry="" related="" factors="" that="" influence="" a="" business="" to="" devise="" new="" strategies.="" it="" lacks="" critical="" analysis.="" acceptable="" use="" of="" critical="" thinking,="" concepts="" and="" analysis="" of="" complexity="" of="" economic="" and="" business="" environment.="" above="" average="" of="" research="" as="" demonstrated="" by="" a="" list="" of="" references.="" very="" good="" research="" as="" demonstrated="" by="" a="" list="" of="" references.="" the="" discussion="" of="" macroenvironmental="" and="" industry="" related="" factors="" that="" influence="" a="" business="" to="" devise="" new="" strategies="" is="" well="" thought="" and="" structured.="" the="" comparative="" approach="" used="" is="" very="" analytical.="" the="" discussion="" of="" macroenvironmental="" and="" industry="" related="" factors="" that="" influence="" a="" business="" to="" devise="" new="" strategies="" is="" well="" articulated="" and="" structured.="" the="" comparative="" approach="" used="" is="" very="" analytical.="" well="" researched="" and="" use="" of="" wide-="" ranging="" references.="" criteria="" 3:="" ability="" to="" analyse="" the="" main="" features="" of="" generic="" business="" strategies.="" a="" critical="" analysis="" of="" differentiation="" strategy="" identifying="" how="" this="" strategy="" helps="" a="" business="" to="" gain="" competitive="" advantage.="" very="" little="" understanding="" of="" the="" main="" features="" of="" generic="" strategies.="" no="" clear="" explanation="" of="" how="" a="" business="" can="" gain="" competitive="" advantage="" by="" using="" differentiation="" strategy.="" very="" little="" understanding="" of="" the="" main="" features="" of="" generic="" strategies.="" no="" clear="" explanation="" of="" how="" a="" business="" can="" gain="" competitive="" advantage="" by="" using="" differentiation="" strategy.="" understanding="" of="" the="" main="" features="" of="" generic="" strategies="" is="" very="" poor.="" no="" clear="" discussion="" of="" how="" a="" business="" can="" gain="" competitive="" advantage="" by="" using="" differentiation="" strategy.="" the="" discussion="" of="" the="" main="" features="" of="" generic="" strategies="" is="" satisfactory.="" no="" analytical="" approach="" is="" taken="" to="" substantiate="" how="" a="" business="" can="" gain="" competitive="" advantage="" by="" using="" differentiation="" strategy.="" the="" discussion="" of="" the="" main="" features="" of="" generic="" strategies="" is="" good.="" the="" analysis="" of="" the="" differentiation="" strategy="" and="" its="" usefulness="" and="" limitations="" is="" satisfactory.="" it="" could="" be="" clear="" and="" concise.="" are="" adequate="" the="" discussion="" of="" the="" main="" features="" of="" generic="" strategies="" is="" very="" good.="" the="" analysis="" of="" the="" differentiation="" strategy="" and="" its="" usefulness="" and="" limitations="" reflects="" your="" level="" of="" good="" understanding="" and="" the="" quality="" of="" critical="" approach="" you="" employed.="" the="" discussion="" of="" the="" main="" features="" of="" generic="" strategies="" is="" excellent.="" use="" of="" critical="" thinking,="" concepts="" and="" approaches="" is="" praiseworthy.="" the="" analysis="" of="" the="" differentiation="" strategy="" and="" its="" usefulness="" and="" limitations="" reflects="" your="" level="" of="" clear="" understanding="" and="" the="" quality="" of="" critical="" approach="" you="" employed.="" mgmt19128:="" strategy="" and="" change="" -="" marking="" rubric:="" assignment="" 1="" criteria="" 4="" ability="" to="" identify="" the="" challenges="" that="" the="" business="" you="" have="" chosen="" might="" face.="" a="" brief="" conclusion.="" adequate="" references.="" failed="" to="" identify="" challenges.="" no="" conclusion="" is="" written.="" references="" are="" inadequate="" no="" critical="" observations="" on="" the="" challenges.="" the="" conclusion="" is="" very="" vague/unclear.="" references="" are="" inadequate.="" a="" very="" few="" critical="" observations="" on="" the="" challenges.="" the="" conclusion="" is="" very="" vague/unclear.="" references="" are="" inadequate="" some="" observations="" are="" made="" on="" the="" challenges.="" the="" conclusion="" could="" be="" more="" succinct="" and="" clearer.="" references="" are="" adequate="" observations="" on="" the="" challenges="" are="" clear,="" but="" could="" be="" more="" analytical.="" the="" conclusion="" could="" be="" more="" succinct="" and="" clearer.="" references="" are="" good="" 4the="" discussion="" on="" challenges="" is="" very="" good="" and="" analytical,="" the="" conclusion="" could="" be="" more="" succinct.="" references="" are="" very="" good="" the="" challenges="" are="" identified="" and="" critically="" analysed.="" the="" conclusion="" is="" well="" written="" with="" focus="" and="" clarity.="" the="" range="" of="" references="" demonstrates="" your="" level="" of="" interest="" and="" ability="" to="" source="" critical="">29%) unsatisfactory (29- 49%) satisfactory (50-64%) above average (65-74%) good (75-84%) excellent (85%+) criteria 1 understanding of the importance of macroeconomic and industry related factors in strategy making process no acceptable. very poor reflection of basic knowledge of strategy and change management issues. poor discussion reflecting the importance of macroenvironmental and industry analysis in strategy making. limited discussion on the importance of macroenvironmental and industry analysis in strategy making. satisfactory discussion on the importance of macroenvironmental and industry analysis in strategy making with a reasonable background a better than average discussion of the importance of macroenvironmental and industry analysis in strategy making with a reasonable background. a good and clear discussion of the importance of macroenvironmental and industry factors the section on background is excellent. demonstration of critical thinking, ability to analyse concepts in the context of the changing nature of global economic and business environment is very good. excellent discussion of the importance of macroenvironmental and industry factors. clear and detailed analysis required for introducing background. demonstration of critical thinking, ability to analyse concepts is excellent. criteria 2 understanding the importance of pestel framework and industry related factors influencing the market competitiveness of a business unsatisfactory discussion on macroenvironmental and industry related factors that influence a business to devise new strategies. poor discussion on macroenvironmental and industry related factors that influence a business to devise new strategies. . a little discussion on macroenvironmental and industry related factors that influence a business to devise new strategies. there is no critical analysis satisfactory discussion of macroenvironmental and industry related factors that influence a business to devise new strategies. it lacks critical analysis. acceptable use of critical thinking, concepts and analysis of complexity of economic and business environment. above average of research as demonstrated by a list of references. very good research as demonstrated by a list of references. the discussion of macroenvironmental and industry related factors that influence a business to devise new strategies is well thought and structured. the comparative approach used is very analytical. the discussion of macroenvironmental and industry related factors that influence a business to devise new strategies is well articulated and structured. the comparative approach used is very analytical. well researched and use of wide- ranging references. criteria 3: ability to analyse the main features of generic business strategies. a critical analysis of differentiation strategy identifying how this strategy helps a business to gain competitive advantage. very little understanding of the main features of generic strategies. no clear explanation of how a business can gain competitive advantage by using differentiation strategy. very little understanding of the main features of generic strategies. no clear explanation of how a business can gain competitive advantage by using differentiation strategy. understanding of the main features of generic strategies is very poor. no clear discussion of how a business can gain competitive advantage by using differentiation strategy. the discussion of the main features of generic strategies is satisfactory. no analytical approach is taken to substantiate how a business can gain competitive advantage by using differentiation strategy. the discussion of the main features of generic strategies is good. the analysis of the differentiation strategy and its usefulness and limitations is satisfactory. it could be clear and concise. are adequate the discussion of the main features of generic strategies is very good. the analysis of the differentiation strategy and its usefulness and limitations reflects your level of good understanding and the quality of critical approach you employed. the discussion of the main features of generic strategies is excellent. use of critical thinking, concepts and approaches is praiseworthy. the analysis of the differentiation strategy and its usefulness and limitations reflects your level of clear understanding and the quality of critical approach you employed. mgmt19128: strategy and change - marking rubric: assignment 1 criteria 4 ability to identify the challenges that the business you have chosen might face. a brief conclusion. adequate references. failed to identify challenges. no conclusion is written. references are inadequate no critical observations on the challenges. the conclusion is very vague/unclear. references are inadequate. a very few critical observations on the challenges. the conclusion is very vague/unclear. references are inadequate some observations are made on the challenges. the conclusion could be more succinct and clearer. references are adequate observations on the challenges are clear, but could be more analytical. the conclusion could be more succinct and clearer. references are good 4the discussion on challenges is very good and analytical, the conclusion could be more succinct. references are very good the challenges are identified and critically analysed. the conclusion is well written with focus and clarity. the range of references demonstrates your level of interest and ability to source critical information.>