MANCOSA BCOM FINANCIAL PROJECT MANAGEMENT ASSIGNMENT

8.9 PROJECT QUESTIONS – SEMESTER 1

MANCOSA PROJECT 1: BUSINESS MANAGEMENT 3A

TASK                                                                                                                                                                            (60)
As organisations grow, so too does the number of stakeholders the business must deal with. It is often the case that different stakeholders have different expectations from the organisation. You are required to select a formal small medium enterprise of your choice and prepare a report containing the following:

  1. Identify at least ten (10) stakeholders relevant to the selected business and their specific (12)
  2. Explain the four (4) types of conflicts and critically discuss the sources of conflict in relations to the stakeholders (20)
  3. Discuss how organisational codes of ethics can be made impactful for smooth business (8)
  4. An assessment of the business compliance with five (5) key aspects of the Occupational Health & Safety Act (No 85 of 1993). (12)
  5. An assessment of the business BEE status in terms of direct empowerment and human resources development (8)
  6. Management Project Guidelines
    • Word limit: Approximately 3500 – 4000 words
    • The length of your answers to each question should be in line with the mark
    • Your assignment should include a Table of Contents
    • Text: Font: Arial or Times New Roman (12), Spacing: 1.5 lines
    • All text must be justified at each
    • Your answers must include any theories, charts, tables or exhibits necessary to support your analysis and recommendations.
    • Ensure that the readings are not merely reproduced in the assignment without original critical comments and views. Cohesive and logical arguments reflecting original thinking is
    • You MUST use theory/literature to support your discussion/observation and opinions. Do not merely extract information from the Case
    • References – At least 10 academic sources of reference must be used. (These include textbooks, journal articles and internet sources that are relevant to your field of study. Academic sources do not include Wikipedia and blogs). The MANCOSA study guide must not be used as a source of You must include Reference list at the end of your assignment. Information quoted/paraphrased from sources listed in your Reference list must be referenced in-text. The Harvard system of referencing must be used.
    • It is imperative that students proof read and edit their assignments prior to submitting them. Assignments must be free from errors and of a professional

    MANCOSA PROJECT 2: BUSINESS MANAGEMENT 3B

    QUESTION 1  (20)
    Identify and explain Three (3) observable and Two (2) non-observable elements that you observed within the organisation and provide specific examples.
    QUESTION 2  (20)
    Identify and discuss the accountability, development and recruitment practices which your chosen organisation implements in successfully managing diversity.

    QUESTION 3  (20)

    Discuss ways in which the organisation of your choice is meeting the TQM’s principle of Customer Focus, Continuous improvement and Teamwork in terms of principles, practices and techniques. Provide examples as well.

    Management Project Guidelines

    • Word limit: Approximately 3500 – 4000 words
    • The length of your answers to each question should be in line with the mark allocation.
    • Your assignment should include a Table of Contents page.
    • Text: Font: Arial or Times New Roman (12), Spacing: 1.5 lines
    • All text must be justified at each margin.
    • Your answers must include any theories, charts, tables or exhibits necessary to support your analysis and recommendations.
    • Ensure that the readings are not merely reproduced in the assignment without original critical comments and views. Cohesive and logical arguments reflecting original thinking is encouraged.
    • You MUST use theory/literature to support your discussion/observation and opinions. Do not merely extract information from the Case Study.
    • References – At least 10 academic sources of reference must be used. (These include textbooks, journal articles and internet sources that are relevant to your field of study. Academic sources do not include Wikipedia and blogs). The MANCOSA study guide must not be used as a source of reference. You must include Reference list at the end of your assignment. Information quoted/paraphrased from sources listed in your Reference list must be referenced in-text. The Harvard system of referencing must be used.
    • It is imperative that students proof read and edit their assignments prior to submitting them. Assignments must be free from errors and of a professional standard.
 
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ANALYSIS OF HOT TOPIC RELATING TO CORPORATE STRATEGIC MANAGEMENT

Topic: Analysis of hot topic relating to corporate strategic management

Number of Words -1000
Deadline: As per your need
Referencing Style- Chicago

Strategy & Planning- The Company I have the intention to work on is WeWork

All references used to develop your analysis (including web pages, TV reports, news feeds or apps) should be cited using the Chicago reference system). The analysis should introduce the firm, locate the firms strategic position within the industry sector (ie: is it a market leader, a mature firm in decline, a start up that only operates in a small local or regional market). The analysis should introduce the issue, explain its strategic significance for the firm and its industry sector and provide an evaluation of the firm’s actions or responses to the issue.

The company i have intention to work on is WeWork

https://www.businessinsider.sg/heres-the-latest-wework-news-2019-6/?utm_source=markets&utm_medium=ingest&utm_medium=ingest&r=US&IR=T

It will be marked as follows:

Criteria 1: Depth & breadth of research.
Criteria 2:
Critical analysis of issue, evaluating the significance of the issue for the firm and industry
Criteria 3:
Structure and development,of the argument.
Criteria 4:
Clarity and quality of writing
Note: sure it will be a good work? and  PhD standard

Strategy on this company WeWork

The analysis should introduce the firm, locate the firms strategic position within the industry sector (ie: is it a market leader, a mature firm in decline, a start up that only operates in a
small local or regional market). The analysis should introduce the issue, explain its strategic significance for the firm and its industry sector and provide an evaluation of the firm’s actions
or responses to the issue.
https://www.businessinsider.sg/heres-the-latest-wework-news-2019-6/?utm_source=markets&utm_medium=ingest&utm_medium=ingest&r=US&IR=T

 
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ICTICT509 (UNIT ASSESSMENT) GATHER DATA TO IDENTIFY BUSINESS

ICTICT509 Scenario:

Design Excellence is a small interior design business provides consultancy and installation services specialising in kitchen and bathroom designs within the greater Sydney region. They provide these services to both individual clients and a number of architectural firms who sub-contract projects for their clients.  They have been in operation for 12 years and have worked extensively on a wide range of contracts.
They currently promote their services via their website and social media channels included Facebook, Twitter, and Instagram. They also advertise in selected design magazines and on selected radio stations.
Design Excellence works with a large number of other businesses and trade sub-contractors when undertaking installation work. This includes ordering bathroom and kitchen products, as well as installation and fitting of kitchens and bathrooms.
The organisational chart of Design Excellence is provided below:
The organisational chart of Design Excellence is provided below
Recently Design Excellence work premises were extensively damaged in a large fire that started in a neighbouring business. As a result of this, the entire contents of the building including its entire network was destroyed, and insurance costs are currently being assessed. While some business data was lost, most of it can be recovered as the business houses backup facilities offsite.
Because of the recent disaster, and the delays in rebuilding the old premises, Design Excellence has found a newly refurbished premise in the surrounding area and will be moving to these premises in the near future. The premises have already been pre-cabled with Category 6 Ethernet cable. As this is the case, the hardware components just need to be determined and purchased, along with any software requirements to configure and manage the network, and to allow employees to complete their normal work tasks.
You work as the IT Manager for Design Excellence and have been tasked by Terry Jackson who is the Managing Director, to implement a network in the new premises, so that the business can become operational as soon as possible.
You have pulled some of the organisations data out of the backed-up business files. This includes the following list of the old network components that were used prior to the fire:

  • A domain server running Windows Server 2012 R2 Standard
  • Client desktop computers running Windows 7 Professional
  • A router which acted as the gateway/firewall for the network
  • Two 24 port switches to direct network communications
  • A Network Attached Storage (NAS) that stored the business files
  • Two network printers
  • An Uninterrupted Power Supply (UPS)

And a network diagram of how these components fitted together:
network diagram

Unit Assessment Task Unit Skills Test (UST) Unit Project up Scenario

The employees previously used the following software applications on the network:

  • Microsoft Office 2013 suite
  • Microsoft Project 2013 for management of projects
  • Reckon One for payroll and financial requirements
  • Sales force CRM software for client management
  • Adobe Reader
  • Adobe suite for graphic designer requirements
  • Net Beans IDE for web developer
  • Autodesk AutoCAD for interior designers
  • Samanage for IT asset management and IT helpdesk support

While the website, the social media accounts, Intranet files, and most of the business internal work files were backed up and can be restored, most of the applications used by the employees and their associated files have been lost. As such, identification of whether this software is still appropriate or whether it can be changed should be an important priority for the project.
A summary of the main business processes includes:

  • Designing kitchens and bathrooms for clients
  • Purchasing supplies which are used in the kitchen and bathroom designs
  • Organising installation of kitchen and bathrooms including sub-contractors
  • Normal business operations in relation to sales, marketing, HR, finance, and administration.

A portion of the organisations Business Plan is provided below:
Mission: to provide design and installation of quality kitchens and bathrooms that exceeds customer expectations.
Vision: to become Australia’s best kitchen and bathroom designers.
Objectives: the current objectives are listed as follows:

  • To deliver first-class kitchens and bathrooms
  • To provide customer service excellence beyond expectations
  • To be a sustainable business

Your task for this assessment is to determine the requirements for the new network, so that business operations can be implemented to meet the needs of the business. This should include not only the hardware requirements, but also the software requirements.
Design Excellence has Project Management policies and procedures that outline the organisational standards expected for gathering requirements, planning the project through to implementation and to completion. A portion of the project management work procedure for gathering and analysing requirements is provided below:

Undertaking an interview and analysing the responses

When undertaking a stakeholder interview the facilitator should develop an Interview Agenda using          the organisational template. This should be distributed to the invitees prior to the interview time and be used by the facilitator to conduct the interview.
During the interview, the facilitator should take notes of the responses and then analysis these using the Interview Question Analysis Document organisational template.

Undertaking a survey and analysing the responses

When developing a survey, the facilitator should develop it using the Requirements Survey organisational template and then distribute the survey to these stakeholders who will be completing it. Once the survey takers have completed the survey, they are to return it to the facilitator who should use the Survey Analysis Document to analyse the survey responses.
Unit Assessment Task 2 Unit Skills Test (UST) Unit Project up Activity 2 Conduct Interview

Activity 1: (Information sources)

In this activity you need to review the scenario, and then provide answers to the following in a word processor:

  1. Provide an overview of the business including its business domain. (100-200 words expected)
  2. Provide a summary of the old network including the hardware and software used. (100 – 200 words expected)
  3. Identify five key stakeholders (apart from yourself) that should have involvement in this project, and what you believe their degree of involvement in this project will be.
  4. Identify five different potential document-based information sources that might be applicable for this project.
  5. Identify what quality assurance practice you will use to determine the validity of the information gathered.
  6. Describe current industry accepted hardware and software that is applicable to this project including its features and capabilities. (150 -200 words expected)

Activity 2: (Conduct Interview)

Note: This activity is in continuation of the previous activity
In this activity you need to review the scenario, and then develop an interview agenda to determine possible requirements for the project. You need to select two stakeholders that you have identified in the previous activity for the purpose of the interview, one will be the assessor, and the other will be a fellow student.
As per the scenario the purpose of the interview to try and identify the network for the new premises, so that the business can become operational as soon as possible. This can include any requirements for what hardware and software is needed, the budget, and the time scale for the implementation. Based on the two stakeholders identified you will need to identify 6 questions to ask them. For example, if you have identified Terry Jackson is one of the stakeholders you might ask him questions relating to the budget for the project, what human resources you can utilise for the project, and when he would want it implemented by? Or if you identify one of the managers you might ask them questions related to their software needs for their department or individual employees, their backup requirements, or their security requirements for files that need to be protected.
Once the interview agenda has been created you need to present the interview orally and undertake analysis of the stakeholder responses.
For the purpose of this activity the assessor will play the role of the stakeholders.
1).   Develop an interview agenda using the organisational template below that includes:

  • The location, date, and time of the interview
  • The stakeholders who need to attend
  • An introduction of what the interview is about, and what it will cover
  • Six questions that can be used to during the interview to confirm with stakeholder’s business critical factors relating to current and future directions of the organisations network. You should use a mixture of open and closed questions.
  • A closing statement

Note: you need to provide this agenda to the assessor so they can organise an interview time and prepare appropriate answers for the questions.
2).   Undertake the interview as per the developed interview agenda orally. You need to:

  • Conduct the interview as per the agenda
  • Use listening and verbal skills to respond to feedback from the stakeholders.
  • Use note taking skills to document the responses for the interview questions.

3).   Document and analysis data gathered during the interview using a word processor. You need to:

  • Document the response into the organisational template provided below.

Analysis the responses and provide analysis notes on the response. This analysis should detail whether the response is pertinent to the project or not, and its importance if it is.
Interview Question Analysis Document

Activity 3: (Conduct survey)

Note: This activity is in continuation of the previous activities
For this task you need to develop a survey to identify the network requirements and then analysis the responses to the survey. As with the interview in the previous activity the purpose of the survey is to gather requirements for the network, except in this case you will be using an alternative method to do this. The questions you need to develop need to be designed to gather their feedback so requirements can be determined. Think of questions that relate to their hardware, software, backup, and sustainability needs.
Using a survey allows you to collect different types of information than an interview and to a lot more people. As an example, you can use a rating type question where users can rate on the question using a scale from 1 to 5, or 1 to 10. Feedback type questions or even closed questions can also be asked.
1).  Develop a survey using the organisational template given below to gather data from the survey takers. You need to:

  • Include an area for the stakeholder to put their name and the date
  • Include ten questions that contain a mixture of open and closed questions that can be used to confirm with stakeholder’s business critical factors relating to current and future directions of the organisation network.

2).  Once the survey has been created you should submit this to the assessor. The assessor will be collecting surveys from your fellow classmates and organise to distribute your survey to these classmates. You should complete the surveys the assessor distributes to you using the scenario as a guide, and answer with appropriate information answers. It is not important that the answers are 100% accurate; they just need to be used as a sample that analysis can be conducted upon.
3).  Once your survey has been completed by your fellow classmates, the assessor will distribute the completed surveys so that you can then analysis the responses and provide analysis notes and calculations on the responses using the organisational template provided below.

  • For feedback type questions this analysis should detail whether the response is pertinent to the project or not, and its importance if it is.
  • For rating type questions, you should undertake a calculation to determine the result of the responders’ responses. This could be to calculate the average of the responders’ responses or another calculation based on the question asked.

Survey Analysis Document

Activity 4: (Document analysis)

Note: This activity is in continuation of the previous activities
For this task you need to develop a report on the analysis of the data you have collected, provide an overview of important factors in the project, and make some recommendations based on your analysis.
Using a word processor, you need to use the following organisational template and fill in the information you have gathered over the previous tasks under the appropriate headings and make some recommendations.
 
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CASE STUDY – PURCHASING & PROCUREMENT MANAGEMENT SBS MBA SPECIALIZATION: THE IKEA GROUP ASSIGNMENT I

The IKEA Group ASSIGNMENT I On  PURCHASING & PROCUREMENT MANAGEMENT SBS MBA SPECIALIZATION

  
Total Marks: _______ /40
The IKEA Group, a Swedish company founded in 1943 with its headquarters in Denmark, is a multinational operator of a chain of stores for home furnishing and house-wares. It is the world’s largest furniture retailer, specializing in stylish but inexpensive Scandinavian designed furniture.  The IKEA group owns over 2700 stores in 35 countries, with sales in 2007, £13,414.0 (million), and sales growth of 21.7%.  It has 118,000 employees.  It has been hugely successful since its origin in 1943 as a mail order catalogue featuring locally produced furniture.
Some of the key reasons for IKEA’s success include:
The IKEA brand is associated with simple, low cost, stylish products.  The concept was furnishing products and house-wares that had wide appeal to a variety of markets and segments, both consumer and the business market exclusively.  Both markets were looking for well styled, high quality furniture that reasonably priced and readily available.
Initially, IKEA did not customize its products to local markets, but kept to standardized products and operations worldwide.  This standardized strategy of internationalizing minimized costs.
IKEA developed a model for the business, where it was able to keep costs low.   From the customer point of view, they were able to buy low cost furniture, however they had to assemble and collect the flat-packed furniture from stores.  IKEA to was able to reduce costs, as this costly part of the value chain was carried out by the customer.
IKEA had excellent international procurement. Thirty buying offices were created to source from over 1,400 suppliers worldwide, IKEA negotiated prices that were between 20-40% lower than competitors for comparable goods. IKEA was successful at i) identifying worldwide suppliers and ii) managing quality and iii) prices with suppliers, to keep margins low.
It had excellent supply chain management and utilized the latest IT infrastructure.  Due to the sheer number of orders and components required by the company – IKEA developed an efficient system for ordering from suppliers, integrating them into products and delivering them to stores.  This was achieved by a world network of 14 warehouses.  Inventory was stored – and the IT system managed supply and demand to stores, keeping inventory costs low.
Anticipating the needs and wants of customers. IKEA was successful in product design and ensuring ranges were modern and of good quality.
 
 
Challenges and outlook for IKEA:
Its expansion into the US market. It adopted an ethnocentric strategy for going international – where it had standardized products and standardized operations. This helped to keep costs low, but ignored the different tastes and preferences of the US market and the way they purchased furniture. IKEA had to change the model of operating, giving greater ownership to its US subsidiary, to become polycentric – stores in the US had the ability to adapt furniture and customize to suit the local market. Costs increased as a result, but this localization approach was necessary for sales.
IKEA has looked towards emerging markets e.g. China for growth. Further adaptation to products has been necessary – including pricing strategy. Income levels of consumers is lower and stores needed to be located within the cities as car ownership is lower. IKEA has experienced greater competition from national brands.
 
ANSWER ALL THE QUESTIONS( 2 x 20= 40marks)

  1. Assume that you are a competitor of IKEA, discuss what all procurement strategies you adopt to beat the competition.
  2. Discuss how the new procurement and purchase strategies will help you in business

 

 
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