Write a Business Report of 2,500 words to the following brief: “There can be little doubt that those activities which contribute to the efficient introduction and exploitation of new improved...

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Write a Business Report of 2,500 words to the following brief: “There can be little doubt that those activities which contribute to the efficient introduction and exploitation of new improved processes and products are extremely important for the competitive performance…” (Freeman, 1989) “Some companies have acknowledged that there is enhanced corporate reputation to be gained through recognizing that capitalism will be most successful when it cares for its customers, its producers, the environment and the communities in which it operates.” (McIntosh, 1998)


1 ASSIGNMENT INSTRUCTIONS Assessment Coursework written assignment Assessment code: 011 Academic Year: 2021/2022 Trimester: 1 Module Title: Business Environment Module Code: MOD003353 Level: 4 Module Leader: Josh Jimenez Weighting: 70% Word Limit: 2500 words This excludes bibliography and other items listed in rule 6.75 of the Academic Regulations: http://web.anglia.ac.uk/anet/academic/public/academic_regs.pdf Assessed Learning Outcomes L01: Understand how the organisation is structured, governed, and managed. L04: Appraise and recognise use of corporate governance and ethics within a business context. Submission Deadline: Please refer to the deadline on the VLE WRITING YOUR ASSIGNMENT • This assignment must be completed individually. • You must use the Harvard referencing system. • Your work must indicate the number of words you have used. Written assignments must not exceed the specified maximum number of words. When a written assignment is marked, the excessive use of words beyond the word limit is reflected in the academic judgement of the piece of work which results in a lower mark being awarded for the piece of work (regulation 6.74). • Assignment submissions are to be made anonymously. Do not write your name anywhere on your work. • Write your student ID number at the top of every page. • Where the assignment comprises more than one task, all tasks must be submitted in a single document. • You must number all pages. http://web.anglia.ac.uk/anet/academic/public/academic_regs.pdf 2 SUBMITTING YOUR ASSIGNMENT In order to achieve full marks, you must submit your work before the deadline. Work that is submitted late – up to five working days after the published submission deadline - will be accepted and marked. However, the element of the module’s assessment to which the work contributes will be capped with a maximum mark of 40%. Work cannot be submitted if the period of 5 working days after the deadline has passed (unless there is an approved extension). Failure to submit within the relevant period will mean that you have failed the assessment. Requests for short-term extensions will only be considered in the case of illness or other cause considered valid by the iCentre Adviser. Please contact [email protected]. A request must normally be received and agreed by the iCentre Adviser in writing at least 24 hours prior to the deadline. See rules 6.56-6.65: http://web.anglia.ac.uk/anet/academic/public/academic_regs.pdf Mitigation: The deadline for submission of mitigation in relation to this assignment is no later than five working days after the submission date of this work. Please contact [email protected] See rules 6.103 – 6.132: http://web.anglia.ac.uk/anet/academic/public/academic_regs.pdf mailto:[email protected] http://web.anglia.ac.uk/anet/academic/public/academic_regs.pdf mailto:[email protected] http://web.anglia.ac.uk/anet/academic/public/academic_regs.pdf 3 ASSIGNMENT QUESTION: Write a Business Report of 2,500 words to the following brief: “There can be little doubt that those activities which contribute to the efficient introduction and exploitation of new improved processes and products are extremely important for the competitive performance…” (Freeman, 1989) “Some companies have acknowledged that there is enhanced corporate reputation to be gained through recognizing that capitalism will be most successful when it cares for its customers, its producers, the environment and the communities in which it operates.” (McIntosh, 1998) Innovation and business ethics are sources of competitive advantage and key concepts in business practise. Using one of the five companies shown below: • Assess the impact of innovation on modern business organisations. • Assess the impact of business ethics and corporate social responsibility (CSR) on modern business organisations. Companies: • OCADO GROUP PLC • HIKMA PHARMACEUTICALS PLC • MONEYSUPERMARKET.COM GROUP PLC • PETS AT HOME GROUP PLC • FUTURE PLC ASSESSMENT CRITERIA AND GUIDANCE: The assignment must be completed as a Business Report, which should demonstrate: • Knowledge and understanding of relevant modern business organisations and business concepts (Innovation 25 marks, business ethics and corporate social responsibility (CSR) 25 marks = Total 50 marks). • Research, analysis, and application of business concepts to relevant modern business organisations (Innovation 20 marks, business ethics and corporate social responsibility (CSR) 20 marks = Total 40 marks). • Academic skills (10 marks) Total 100 marks 4 The report should clearly discuss and explain the main key topics from the relevant lectures on organisational aspects of business, innovation as well as business ethics and corporate social responsibility (CSR) and their corresponding explanations in Chapters 1, 6, 7, 8, 9 & 10 of the module textbook Business in Context (Needle, D and Burns, J, 2019). For further reading and academic sources, see below. Use the key lectures, module textbook chapter topics, and your own independent research to explain the use of innovation and business ethics and CSR in modern business organisations from an environmental, organisational, or strategic perspective. Research and critically assess both the company’s innovation and business ethics/CSR strategies. With real-world company data and examples, assess the extent to which they contribute to the company’s competitive advantage and success. For example, you could apply Carroll’s pyramid of corporate social responsibility. References and formatting guidance: Follow the recommended report structure. Include separate sections under sub- headings, with an introduction and conclusion, that are consistent with the two topics listed in the question. The word limit is 2500 words, not including the table of contents, tables, diagrams, reference list, and appendices. You must use Harvard Referencing (with in-text citations and reference list). Check spelling, formatting, graph labels before submission to avoid loss of marks here. READING REQUIREMENT: Needle, D, and Burns, J., 2019. Business in Context. Cengage Learning. (Chapters 1, 6, 9&10). Morrison, J., 2020. The Global Business Environment: Towards Sustainability? London: Macmillan Education UK. (Chapters 9, 11&12). Boddy, D., 2019. Management: using practice and theory to develop skill. Eighth edition. Harlow, England: Pearson (Chapters 5&13). Any three further academic texts (Journal articles or textbooks) that you locate on the ARU Online Library. ARUL Digital Library sources available online (you must include ARUL website URL for any ARUL Digital Library sources used in references). ARUL Digital Library data bases available online (you must include ARUL website URL for any ARUL Digital Library sources used in references): FAME Business database, which contains detailed information on UK with up to 10 years financial information, Business Source Premier, a searchable business and management database with company information, and FT.com, with Financial Times articles and special reports. 5 Relevant information found online pertaining to the company of your choice (visit the website of your chosen company for its annual report and other necessary information). UK news sources: BBC News, The Times, The Economist, The Guardian newspaper, The Independent, The Telegraph. 6
Answered 12 days AfterNov 25, 2021

Answer To: Write a Business Report of 2,500 words to the following brief: “There can be little doubt that those...

Nishtha answered on Nov 28 2021
116 Votes
BUSINESS ENVIRONMENT: COURSEWORK WRITTEN ASSIGNMENT
BUSINESS REPORT
    Student ID:
    Type Student ID here
    
    
    Word count:
    Type word count here
The word limit is 2500 words, not including the table of contents, tables, diagrams, reference list, and appendices.
    
    
    
    
    Assignment deadline:
    Tuesday 14th December 2021 at 14:00
    
    
    
    
    Assignment:
    011
    Module:
    MOD003353
    Module Leader:
    Josh Jimenez
    Semester/Trimester:
    1
    Academic year:
    2021/2022
1.1. Executive Summary (250 words)
DE
LETE TEXT IN RED BEFORE SUBMISSION
An executive summary should summarise the contents of the report. It should not simply take the form of a general introduction. It is ideally compiled after you have completed your report. Present the major points in the same order they are written in the report. It should contain all essential elements of the main report, including findings, and one recommendation for both innovation and business ethics/corporate social responsibility.
Table of Contents
1.1.    Executive Summary (250 words)    2
List of Figures    3
List of Tables    3
1.2.    Assess the impact of innovation on modern business organisations (550 words)    4
1.3.    Research, analysis, and application of innovation to [Insert your chosen company here] (450 words)    5
1.4.    Assess the impact of business ethics and corporate social responsibility (CSR) on modern business organisations (550 words)    5
1.5.    Research, analysis, and application of business ethics and corporate social responsibility to [Insert your chosen company here] (450 words)    6
1.6.    Recommendations (250 words)    7
1.7.    References    7
1.8.    Appendix    7
List of Figures
List of Tables
Moneysupermarket
1.2. Assess the impact of innovation on modern business organisations (550 words)
In today's corporate atmosphere, modern organisations thrive and succeed for a variety of reasons. Some companies are renowned for their products, while others are known for their services, and yet others are known for less clearly defined characteristics like brand loyalty or captivating marketing campaigns.
Nevertheless, if you look at the firms that genuinely stand out today as obvious leaders in their industries, you will see that they all have one thing in common: they all value innovation. The world around us is always changing, and our business will likely need to change to changing these changing circumstances in order to be relevant and profitable (Bian, Liao, Wang and Tao 2021).
Technology has shown to be a driving force behind the need for change time and time again. Examine the following information to determine the magnitude of the recent impact:
As indicated by Needle and Burns (2019), in the previous several years, 94 percent of the world's data has been created.
Every minute, over 530 new websites are launched.
By 2020, there will be 8 billion gadgets connected to the Internet.
Organisational interaction with environmental aspects of innovation:
Company executives must be able to think imaginatively and incorporate innovation into their business models in order to generate business development, stay relevant in changing times, and separate themselves from the competition. This isn't to say that a propensity to innovate is the only requirement for success: leaders must also have a firm grasp on how to put that creativity into action.
Organisational aspects of innovation:
At its most basic level, innovation entails doing something different from everyone else in your industry. If your company uses innovation to develop or maintain its products, for example, the focus is to create or update the products until there are none else like it on the market. As indicated by Boddy (2019), If company is adopting innovation to improve its processes, it's it will save you time, cash, or other resources, as well as give you a competitive advantage over other businesses that are stuck in their systems. In either case, your company is taking the initiative to attempt something different since the status quo is not working.
Strategic aspects of innovation:
Having working experience on exciting, difficult, and creative projects is one method to do this, since it will expose you to the abilities needed to become an innovation driver inside your company. As explained by Morrison (2020), A master's degree in innovation is meant to help you refine these specific skill sets while also providing you with genuine, hands-on experiences that will help you become a successful inventor. Whereas the natural success that this offers can be enough for many businesses, it would be a mistake to neglect another important benefit: innovation allows a company to separate itself and its products from the competitors, which can be especially useful in a crowded area of business .
1.3. Research, analysis, and application of innovation to Moneysupermarket (450 words)
Moneysupermarket.com Group PLC, through its names MoneySuperMarket, provides online services. Money, Insurance, Tourism, Home Care, and MoneySavingExpert.com are the company's segments. User can visit for and compare items in the Money area, which includes credit cards, funds, housing, loans, financial solutions, bank deposits, and finance and...
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