FY021 Introduction to Business Studies

Posted on June 23, 2023 by Cheapest Assignment

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FY021 Introduction to Business Studies

Please note:

  • You are required to submit each element of the portfolio separately to the relevant Turnitin submission link.
  • You are required to submit the group presentation individually from your own student account on LSST Connect.
  • You will receive grades and feedback for each element of the portfolio and the overall mark for this module will be calculated based on the above weighting.

Assignment task

This assignment is a Portfolio assignment where you will work on 2 pieces of work throughout the module.
The assessments will include:

  • A 10 minute group Presentation. This will relate to the internal and external factors which impact on business (Learning outcomes 2 and 3)
  • A report – 1500 words. This is an individual piece of work. (Learning outcomes 1, 2 and 4).

This assignment has been designed to provide you with an opportunity to demonstrate your achievement of the following module learning outcomes:

LO 1 Describe the role of HR, Marketing and finance functions within The Body Shop.
LO 2 Develop an understanding of collaborative working practices.
LO 3 Demonstrate an understanding of the main factors, both internal and external, which impact on businesses.
LO 4 Demonstrate knowledge of the role of financial management and reporting within the organisation.

Task requirements

This assignment is a Portfolio assignment where you will work on 2 pieces of work throughout the module and then submit both elements at the submission date. The assessments will include:

  • A 10 minute group Presentation. This will relate to the internal and external factors which impact on business (Learning outcomes 2 and 3).
  • A report – 1500 words. This is an individual piece of work. (Learning outcome 1, 2 and 4).
    These will be completed throughout the module, and although a mark will not be awarded until the end of the module, detailed formative feedback will be provided together with the opportunity for the student to submit work until the final deadline providing formative developmental opportunities. Please see the module scheme for details of when formative feedback opportunities will be provided.

TASK 1. 10 minute Group Presentation to be held in class in week commencing 31st October 2022.
Note: this contributes to 40% of the weighting of the portfolio.

Instructions:
Choose an organisation (preferably a SME) and discuss how ONE internal and ONE external environmental factor affect/impact that chosen organisation.

You are required to form groups in order to carry out this assessment task. Please confirm your groups with your module tutor.

The presentation should include:

a) Introduction of your group and chosen business organisation.
b) Discussion on how one internal and one external environmental factor affect your chosen
organisation? Use a Swot analysis to aid discussions.
c) Narrative/written script for each slide (author/contributor)
d) Conclusion.

Task 2. Report – The Body Shop 1500 words.

This is an individual piece of work. (Note: this contributes to 60% of the weightage to the portfolio).
Instructions:

Analyse the strengths and weaknesses of the Marketing, Human Resources (HR) and Financial management strategies within The Body Shop. Which of these do you feel contributes most significantly to the business success?

To complete this task you will need to include the following in your report:
Introduction
Information on the Marketing Strategies for the organisation. Consider how they implement the 4 Ps for their products.
Information on the Human Resources (HR) strategies of the organisation. Consider their recruitment strategy, training and development reward. You will need to identify evidence to support this section.
Information on the financial management strategies of the organisation. Review their Profit & Loss and Balance sheet and analyse their strategies through research.

Evaluation/Conclusion – which of these strategies do you believe contributes most significantly to their success?
Assignment parameters – Harvard referencing, writing style, word count, layout etc.

Referencing and requirements
Please reference your work according to the Harvard referencing style as defined in Cite Them Right Online (http://www.citethemrightonline.com). This information is also available in book form: Pears, R. and Shields, G. (2016) Cite them right: the essential reference guide. 10th edn. Basingstoke: Palgrave Macmillan. Copies are available via the university library.

How your work will be assessed
Your work will be assessed on the extent to which it demonstrates your achievement of the stated learning outcomes for this assignment (see above) and against other key criteria, as defined in the University’s institutional grading descriptors. If it is appropriate to the format of your assignment and your subject area, a proportion of your marks will also depend upon your use of academic referencing conventions.
This assignment will be marked according to the grading descriptors for Foundation Level.

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