BIZ202_Assessment 1 Brief_Environmental_Scan_Part A Page 1 of 5 ASSESSMENT BRIEF Subject Code and Title BIZ202 The Business Environment Assessment Environmental Scan Report – Part A Individual/Group...

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Please choose coles company and compared with other as mentioned in file.


BIZ202_Assessment 1 Brief_Environmental_Scan_Part A Page 1 of 5 ASSESSMENT BRIEF Subject Code and Title BIZ202 The Business Environment Assessment Environmental Scan Report – Part A Individual/Group Individual Length 1000 words Learning Outcomes b) Identify and apply appropriate frameworks and tools to the problems and challenges faced by organisations c) Research and relate industry specific factors to the organisation decision-making d) Apply a relevant framework(s) to evaluate the macro and micro environmental influences on an organisation Submission By 11:55 pm AEST/AEDT Sunday of Module 2 (Week 4) Weighting 30% Total Marks 100 marks Context: Businesses in the modern marketplace cannot afford to ignore the environments in which they operate. To navigate this vast and ever changing landscape, businesses must keep a keen eye on micro environmental factors that influence them. The environmental scan report is an effort to identify these factors and propose solutions to the risks they pose. Linkages between Part A and Part B: Part A serves to report on the micro environmental factors that affect your chosen business. It provides a comprehensive assessment of the challenges and risks posed to the business by its micro environment and proposes strategies to counter them. Part B will focus on the macro environmental factors that affect your chosen business. BIZ202_Assessment 1 Brief_Environmental_Scan_Part A Page 2 of 5 Instructions: Choose an Australian or international business still in operation. Write a report identifying and analysing any relevant information about the micro environment of the chosen organisation incorporating the following:  Identify micro environmental factors that influence the chosen business specifically. These factors may include but are not limited to consumer behaviour, competitor analysis, social, suppliers, intermediaries, new entrants and public opinion.  Analyse their impact on the business that may be in terms of but not limited to changes in business performance, structure, policies, profitability, value-adding attributes, growth and market share.  Propose solutions to challenges to counter prevailing/potential risks.  Structure the report as follows Introduction to the business Identification and analysis of micro environmental factors Challenges and solutions Conclusion Referencing in the APA 6th style Submission Instructions: Submit copy of Environmental Scan Report in .docx or .pdf format via the Assessment link in the main navigation menu in BIZ202 The Business Environment. The Learning Facilitator will provide feedback with reference to the criteria below via the Grade Centre in the LMS portal. Feedback can be viewed in My Grades. BIZ202_Assessment 1 Brief_Environmental_Scan_Part A Page 5 of 5 Learning Rubric: Environmental Scan Report – Part A Assessment Attributes Fail (Unacceptable) 0 - 49 Pass (Functional) 50 - 64 Credit (Proficient) 65 - 74 Distinction (Advanced) 75 - 84 High Distinction (Exceptional) 85 - 100 Grade Description (Grading Scheme) Fail grade will be awarded if a student is unable to demonstrate satisfactory academic performance in the subject or has failed to complete required assessment points in accordance with the subject’s required assessment points. Pass is awarded for work showing a satisfactory achievement of all learning outcomes and an adequate understanding of theory and application of skills. A consistent academic referencing system is used and sources are appropriately acknowledged. Credit is awarded for work showing a more than satisfactory achievement of all learning outcomes and a more than adequate understanding of theory and application of skills. A consistent academic referencing system is used and sources are appropriately acknowledged. Distinction is awarded for work of superior quality in achieving all learning outcomes and a superior integration and understanding of theory and application of skills. Evidence of in-depth research, reading, analysis and evaluation is demonstrated. A consistent academic referencing system is used and sources are appropriately acknowledged. High Distinction is awarded for work of outstanding quality in achieving all learning outcomes together with outstanding integration and understanding of theory and application of skills. Evidence of in‐depth research, reading, analysis, original and creative thought is demonstrated. A consistent academic referencing system is used and sources are appropriately acknowledged. Introduction to the business SLO addressed: b) Identify and apply appropriate frameworks and tools to the problems and challenges faced by Chooses an unknown business, provides no information about it and fails to setup a case for further analysis of the micro environment. Chooses a known Australian/international business, provides limited information about it and fails to setup a case for further analysis of the micro environment. Chooses a known Australian/international business, provides appropriate information about it and sets up a case for further analysis of the micro environment. Chooses a known Australian/international business, provides relevant information about it and sets up a case for further analysis of the micro environment. Chooses a known Australian/international business, provides very relevant information about it and strongly builds up a case for further analysis of the micro environment. http://www.tua.edu.au/media/50742/a240_grading-scheme.pdf BIZ202_Assessment 1 Brief_Environmental_Scan_Part A Page 5 of 5 organisations 30% Identification and analysis of micro environmental factors SLO addressed: c) Research and relate industry specific factors to the organisation decision- making. d) Apply a relevant framework(s) to evaluate the macro and micro environmental influences on an organisation 30% Limited understanding of the environmental factors influencing the chosen business. Identifies some of the environmental factors influencing the chosen business; the largest influencers are named. Accesses relevant information with limited analysis of environmental factors. Identifies a majority of the environmental factors influencing the chosen business. Accesses relevant information to analyse environmental factors. Correctly identifies all of the environmental factors influencing the chosen business. Accesses relevant information to widely analyse environmental factors. Not only identifies all environmental factors, provides insight and discussion on potential further environmental challenges faced by the business. Thorough analysis of the wider micro environment of the chosen business. Propose solutions to challenges and risks SLO addressed: b) Identify and apply appropriate frameworks and tools to the problems Demonstrates no understanding of challenges and risks present in the micro environment of the chosen business and provides no solutions. Demonstrates little understanding of challenges and risks present in the micro environment of the chosen business and provides non-specific solutions to those issues. Demonstrates correct and complete knowledge of challenges and risks present in the micro environment of the chosen business and offers solutions to some of those issues. Identifies the key challenges and risks present in the micro environment of the chosen business and provides a correct strategy/solution to deal with each. Identifies the key challenges and risks present in the micro environment of the chosen business and provides a correct strategy/solution to deal with each, as well as a thorough explanation and justification of each strategy. BIZ202_Assessment 1 Brief_Environmental_Scan_Part A Page 5 of 5 and challenges faced by organisations 25% Correct citation of key resources and evidence Overall structure, appearance and referencing of the report are assessed 15% Demonstrates inconsistent use of good quality, credible and relevant resources to support and develop ideas. Does not include correct references or in-text citations; does not use APA 6th style. Uses sufficient sources, however can be greatly improved. Attempts to include references or in-text citations, however these are sometimes insufficient for research purposes, or incorrect; uses APA 6th style, however may contain some citation or referencing errors. Shows good evidence of attempts to source information. Includes in-text citations and references from suitable sources; uses APA 6th style, however may contain minor citation or referencing errors. Shows evidence of wide scope for sourcing evidence. Includes in-text citations and references from suitable sources; uses APA 6th style, containing minimal and or no errors. Shows evidence of extensive scope for sourcing evidence. Includes in-text citations and references from suitable sources; uses APA 6th style, containing no errors.
Answered Same DayJul 02, 2021BIZ 202Torrens University Australia

Answer To: BIZ202_Assessment 1 Brief_Environmental_Scan_Part A Page 1 of 5 ASSESSMENT BRIEF Subject Code and...

Abhinaba answered on Jul 04 2021
163 Votes
Running Head: ENVIRONMENTAL SCAN REPORT    1
ENVIRONMENTAL SCAN REPORT        7
ENVIRONMENTAL SCAN REPORT – PART A
Table of Contents
Introduction to the business    3
Suppliers    3
Customers    4
Competitors    4
Employees    4
Media    5
Conclus
ion    6
References    7
    
Introduction to the business
Micro-analysis of an organization reflects the environment within which an organization functions that is the internal environment of organization. This can prove as a difference between the success and failure of business. Current report focuses around micro environment analysis of one of the biggest food chain of this world ‘MacDonald’s’. MacDonald’s is an international business that deals with the delivery of their services in food and beverage. This report will focus towards the factors that affects internal functioning of this company along with the associated risk factors and challenges and their potential solutions.
Identification and analysis of micro environmental factors
Schmid and Gombert (2018) argued that MacDonald’s is the largest fast food icon in the world which have only observed an exponential growth in the market due to its excellent marketing and environmental management skills. Micro-environment management has played an important role with the growth of this business because this has a direct as well as an immediate impact on the company. Some of the common elements upon which micro-environment of the company depends are mentioned below,
Suppliers
Suppliers plays a very important role in the functioning of any business and especially when it is a food chain. This is majorly due to the fact that delay in supplies will ultimately cause delay in services from MacDonald’s and will definitely impact the business in a negative manner. Moreover, MacDonald’s is an international brand and deals within 120 countries worldwide and therefore, company imports the supplies from local suppliers while maintain the international quality standards. MacDonald’s has always been successful in providing a continuous supply of products because of its strong connections with the suppliers and this has allowed the company to maintain a strong customer relationship.
Customers
MacDonald’s is one of the few fast food chain brands in the world that is being preferred by almost every...
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