Have a cat
spider.jpg
Didnāt think Iād ever feel this way, but I really want to get to work. Canāt sit and spam you guys with bullshit all day.
Gooi it!
That is what we are here for!
Wanna help-
2.2.2 Competitor analysis
In this section (worth 10 marks), you should briefly discuss the industry that your company competes in and what the typical challenges facing that industry include (2 ā 4 marks). You must then focus on the competitors for your company in this industry (6 ā 8 marks). Name your competitors. Explain who they are. Discuss what advantages they have over you. Briefly outline what your company does better than them.
2.3 THE CURRENT SITUATION IN
2.3.1 Environmental analysis (SWOT)
Perform an environmental analysis (a SWOT analysis) here as this is how a manager would identify a problem or opportunity in their department. It should include macro-, market-, and micro scanning (see chapter 1 in your textbook). Remember, strengths and weaknesses are internal to the company (micro-environment) and opportunities and threats are external to the company (arising from the market- and macro-environments).
Complete the Table 1 and discuss any major highlights from the analysis before presenting the table. ALWAYS explain to the reader why you are presenting a figure or a table and what the contents of your figure or table show.
This section is worth 10 marks.
Table 1: SWOT analysis of < INSERT NAME OF COMPANY >
STRENGTHS (internal) WEAKNESSES (internal)
ā¢ ā¢ ā¢
ā¢
OPPORTUNITIES (external) THREATS (external)
ā¢
ā¢ ā¢
ā¢
Source: Insert source here
3 PROBLEM/OPPORTUNITY IDENTIFIED IN THE MARKETING/HUMAN RESOURCES/PURCHASING AND SUPPLY DEPARTMENT
(Delete āproblemā from the above heading if you are focusing on an opportunity and vice versa. Delete the departments that you are not using (eg. problem identified in the marketing department). Customise ALL your headings so that the reader knows what to expect in each section.
In this section, you will clearly outline which department you will be identifying the tactical problem (or opportunity) in. Do some research on the tactical/functional problems or opportunities that can be encountered in your chosen department (marketing/HR/purchasing). Ensure that your problem/opportunity is not operational (day-to-day) or strategic (3 years or more) in nature. It should be ONE problem (not multiple) that originates in ONE department/business function (marketing/HR/purchasing). If you choose a department that falls outside of these three prescribed departments, you will receive an automatic 0%. In other words, you should not outline a financial problem (financial management), or problems with machines (operational management) or administrative issues (information management).
State your tactical problem/opportunity, the department it comes from, and an explanation as to why it is tactical/functional here so that the reader has an idea of what to expect in the pages that follow. Doing so will earn you five marks (three for the problem statement and two if the marker assess that the problem is both tactical and in the correct department).
Table 2 should give you an idea of what is meant by a tactical/functional problem (this is purely to guide you ā do not add it to your submission). Make sure that your problem or opportunity is aligned with the centre column (functional/tactical) and not the strategic and operational columns. Delete this table from your final submission.
Table 2: Strategic, functional and operational problems/opportunities
Strategic Functional/tactical Operational
The business sees an opportunity to expand (new branch, franchising, flagship store)
ā¢ The company supplier has declared bankruptcy ā A machine broke
ā A delivery did not occur on time
ā¢ Employee performance across the company has dropped ā Jan is absent frequently
ā A manager is incompetent
ā Strike action
ā¢ Competitors have introduced a new technology that makes the company product obsolete ā A customer complained
ā A batch of products were mislabelled
Source: Lecturerās own compilation
3.1 DEVELOPMENT OF THE PROBLEM/OPPORTUNITY
-REMINDER TO CUSTOMISE YOUR HEADINGS-
Discuss the symptoms of the problem/opportunity and how it came to the notice of the specific functional manager (for five marks). It would have been identified during your SWOT analysis so you can create a nice flow of discussion by referring to the SWOT you conducted in the previous section. By incorporating the analysis that you did, you will be contributing to the logical development of your portfolio (the golden thread). End this section with a clear statement of the functional opportunity or problem again. You should be able to say what this issue is in one sentence. For example: āTherefore, the tactical problem identified in the marketing department is that our product (petroleum) risks being made obsolete by the introduction of affordable solar energy in the marketplaceā.
3.2 SOLUTIONS GENERATED TO ADDRESS THE PROBLEM/OPPORTUNITY
3.2.1 Solution one
3.2.2 Solution two
3.2.3 Solution three
3.2.4 Solution four
This section is worth 12 marks ā provide a page of work. You must come up with four solutions to resolve the ONE problem/opportunity that you have identified above. Each solution must be independent of the others ā in other words, you should not have to complete Solution two in order for Solution four to work. Each solution is worth three marks (3 x 4 solutions = 12 marks) so you must explain each solution, clearly outline how it solves the problem you identified, and clearly show how it is on a tactical level (this solution must be implemented in a 1-3 year period). On a piece of paper, write out the problem statement that you ended section 3.1 with. Keep that problem statement next to you as you present each of the four solutions in this section. Ask yourself if it is clear (to an outside reader) how each solution you have presented will solve that problem.
If you ignored the instructions and discussed many problems when only one was to be presented, you will start to lose marks here because all four solutions must address only ONE problem or opportunity. Ideally, all the solutions should also come from the department that you have identified the problem in (eg. the marketing problem must have four marketing solutions). A reminder: you must clearly explain how each solution would solve the problem or capitalise on the opportunity ā the reader must not try and guess how each solution will work.
You will earn an additional two marks for this section if your solutions are original and reflect the company, not just theoretical solutions from the textbook.
3.3 IDENTIFICATION OF THE BEST SOLUTION TO THE PROBLEM/OPPORTUNITY
3.3.1 Chosen solution
You must now select which ONE of the solutions you mentioned above is the most feasible/best option. Select ONE by taking into account your companyās resources, budget, personnel, environment etc. Clearly explain what the solution involves. Identifying the best solution correctly will earn you two marks.
3.3.2 Justification
You must justify why the above solution is the best solution from your list in comparison with the others. Why were the other solutions not acceptable? What would the predicted advantages be (in comparison to the others) if the solution was implemented successfully? Justifying your solution in comparison to the others will earn you four marks.
3.4 STEPS IN THE IMPLEMENTATION OF THE SOLUTION
How are you going to carry out your chosen solution chosen from Section 3.3.1? This can include the timeline of the various steps that will be taken to implement the solution, and what resources would need to be in place. You canāt carry out a solution without funds, people etc. Kindly do not write about the rational decision-making process or planning, leading, organising and control here ā this would not be acceptable. I advise you to research implementation plans to get a better idea of how to draw up your own. Use the following table as a template for your own implementation plan. Do not forget to explain your table so the reader can understand exactly what you are doing in each step.
This section is worth 15 marks and is where a lot of students fall short. At least a page of work should be presented.
The answer is 42.
Sorry did my time with those kinds of questions - never again.
The fun part is I was under the impression we had until the 9th of May, now It has to be in on the 4th . . .Im fucked if I dont get the meeting I want with the guys.
Go and play the association game!
Donāt tell me what to do.
Donāt tell me what to tell you what to do
Donāt tell me what not to tell you to tell me to do.
I donāt know if thatās right, I got a headache trying to figure that out.
This is what happens when I donāt have work to do.
Why arent you posting anything on the association game? or does this mean i won thanks to Mr Cullen?
I didnāt see the association to the previous picture
Oh wait, I though I already replied to Mr Cullan !
In the actual association thread?
Edward en Edward?
Ah
10 chars
Jup
10 chars
so ek neem aan glittery vampires doen dit nie vir jou nie
Nee glad nie