Answer Booklet & Marking Guide BSBMGT616 Develop and implement strategic plans Assessment-2 Student Must Fill this Section Student Name: Student ID: Term: Year: Signature: XXXXXXXXXXDate: Privacy...

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Answer Booklet & Marking Guide BSBMGT616 Develop and implement strategic plans Assessment-2 Student Must Fill this Section Student Name: Student ID: Term: Year: Signature: Date: Privacy Release Clause: “I give my permission for my assessment material to be used in the auditing, assessment validation & moderation Process”. Authenticity Declaration: “I declare that: · The material I have submitted is my own work; · I have given references for all sources of information that are not my own, including the words, ideas and images of others”. Information for Student: · All work is to be entirely of the student. General Information for this assessment: · Read the instructions for each question very carefully. · Be sure to PRINT your FIRST name & LAST name in every place that is provided. · Short questions must be answered in the spaces provided. · For those activities requesting extra evidence such as: research reports, essay reports, etc. The student must attach its own work formatted in double space, Arial 12 pts. · All activities must be addressed correctly in order to obtain a competence for the unit of competency. · If the student doesn’t understand the assessment, they can request help from the assessor to interpret the assessment. · Re-submission of assessment after the term will incur additional fees. Re-assessment of Result & Academic Appeal procedures: If a student is not happy with his/ her results, that student may appeal against their grade via a written letter, clearly stating the grounds of appeal to the Chief Executive Officer. This should be submitted after completion of the subject and within fourteen days of commencement of the new term. Re-assessment Process: · An appeal in writing is made to the Academic Manager providing reasons for re-assessment /appeal. · DOS will delegate another faculty member to review the assessment. · The student will be advised of the review result done by another assessor. · If the student is still not satisfied and further challenges the decision, then a review panel is formed comprising the lecturer/trainer in charge and the Academic Manager OR if need be an external assessor. · The Institute will advise the student within 14 days from the submission date of the appeal. The decision of the panel will be deemed to be final. · If the student is still not satisfied with the result, the he / she has the right to seek independent advice or follow external mediation option with nominated mediation agency. · Any student who fails a compulsory subject or appeals unsuccessfully will be required to re-enrol in that subject. The cost of reassessment will be borne by the Institute. The external assessor will base his/her judgement based on principles of assessment. These principles require assessment to be reliable, fair, practical and valid. Academic Appeals: · If you are dissatisfied with the outcome of the re-evaluation process, you have a right to appeal through academic appeals handling protocol. · To appeal a decision, the person is required to complete the WSC- Request for Appeal of a Decision form with all other supporting documents, if any. This form is available via our website. The completed Request for Appeal form is to be submitted to the Student Support Officer either in hard copy or electronically via the following contact details: Student Support Officer, Western Sydney College (WSC), 55 High St, Parramatta NSW 2150, Email: support@wsc,nsw.edu.au · The notice of appeal should be in writing addressed to the Chief Executive Officer and submitted within seven days of notification of the outcome of the re-evaluation process. · If the appeal is not lodged in the specified time, the result will stand and you must re-enrol in the unit. · In emergency circumstances, such as in cases of serious illness or injury, you must forward a medical certificate in support of a deferred appeal. The notice of appeal must be made within three working days of the concluding date shown on the medical certificate. · The decision of Chief Executive Officer will be final. · Student would then have the right to pursue the claim through an independent external body as detailed in the students’ complaint / grievance policy. Assessment Task 2 Instructions Carefully read the following: Native Bush Spices Australia is based in Coffs Harbour, NSW. The business was established in 2010 to cater for a demand for Australian native food products. The company has organic certification. The company manufactures and retails a range of organic, Australian native foods including: · Native herbs and spices · Native herbal teas · Native fruit jams and conserves Currently the business is selling its products through a number of small supermarkets and health stores throughout Australia. The company also has a web site through which products can be ordered. The company’s overall business objectives for the next three years are to increase sales and create brand awareness, develop a broader product range, as well as expand into overseas markets. The company is also considering options for alliance marketing. The company is also looking at moving into international markets, namely South-East Asia – specifically Hong Kong, Japan and Singapore. The company’s target customers are those that enjoy gourmet foods. The age range of Australian consumers buying their products is between 35 and 65. Most of their consumers are health conscious, care about protecting the environment and have an average income of $80,000. The company currently employs the following staff in its head office: CEO, Operations Manager, Marketing and Sales Manager, Administration Manager and Customer Service Officer. Around 10 staff are employed in the factory making and distributing the products. Although the company does not have a formal strategic plan, the following information is included on its web site about its mission, vision and values: Mission
Answered 12 days AfterMay 16, 2021BSBMGT616Training.Gov.Au

Answer To: Answer Booklet & Marking Guide BSBMGT616 Develop and implement strategic plans Assessment-2 Student...

Nishtha answered on May 28 2021
146 Votes
ASSIGNMENT 1
Answer 1
Charity-Care is a publicly traded company that is restricted by assurance under the Corporations Act 2001 and is headquartered in Brisbane. The Queensland Collections Act of 1966 has it registered as a charity. From its single-center start only two years ago, the organisation has expanded rapidly to its current s
ize. These tasks include forming a board of directors, holding an annual meeting of directors, developing organisational rules, updating bylaws, ensuring a consistent flow of information, optimal resource data entry, and maintaining a very well database of stock transactions, bill payments and disbursements, and the organization's assets.
Answer 2
The total cost that proposed for the Integrum compliance system is $ 30,000 initially and that is the cost for the acquisition of the compliance system. $10,000 is the cost of hiring new required staff and additional $ 6000 for the training purpose. Annual $ 4000 required for the maintenance purpose of the compliance system. Therefore, the total cost will be $ 50,000. This expense is reasonable when compared to the elevated auditing costs the company has experienced in the last year as an outcome of a lack of risk management enforcement in various organisation operations, as well as the possible costs from Australian external compliance agencies.
Purpose of the operational plan from the C-Suite and the Board of Directors is the single most critical challenge of any attempt to establish a compliance department. Both should be particularly enthusiastic about establishing this role, given that regulators are increasingly targeting executives individually rather than the business as a whole. Assuming such sponsorship, the company's senior management is an essential component of the programmer, largely through its support and behavior, as well as through frequent communication to employees about the importance of enforcement.
As mentioned by Arsenijevic et al. (2018), it is critical to designate a compliance officer because someone has to be in charge of the compliance function. It is usually the general counsel, but this is not always the case. In reality, there is an increasing debate on whether enforcement should be handled by the complaints team or not. The enforcement role should have a clear line to the Role of the Board of Directors, irrespective of where it is located.
Answer 3
The requests made by a state government for specific business activities or corporate organisations are known as internal enforcement requirements. Internally, however, they are created and implemented by the Charity care upper management. The primary goal is to ensure that a company or entity is handled and run with honesty, and that it is free of corruption and mismanagement. The main goal is to ensure that a company or entity is handled and run with honesty, and that it is free of corruption and corrupting specific functionality.
The charity organization's first internal enforcement obligation is to have an organisational framework led by a board of directors. The bulk of the organization's decisions are made by the board of directors. The organization's executive board will select a CEO to serve as a liaison between the corporate boards and the business leadership team.
Second, the company should figure out where it can get its fiancés or funding. This...
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