Business Question

Description

By engaging fully with this assessment, you will practice making well-reasoned

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arguments and sound judgements based on a range of academic and industry

references. You will also practice and develop your analytical and written

communication skills, which are sorely needed to excel in any career.

Assessment Question:

Context: You are an intern at a real company of your choice.

Task: Produce a report that helps the company understand the impact of current

developments in the external environment on its activities. To develop the report,

you are required to select TWO factors in the macro-environment (as contained in

the 6-factor PESTEL framework) that have had the most influence on your chosen

company in the Covid19 pandemic. Your report should discuss positive and/or

negative implications of relevant issues (i.e., trends, developments or events

resulting from the Covid19 Pandemic) under the TWO PESTEL factors you have

selected on the company. Your report should conclude by making recommendations

on how the company can deal with TWO key challenges, which according to your

earlier analysis, your chosen company is confronted by.

Further Guidance

The macro-environment, with a focus on the factors that make up the PESTEL

framework will be introduced in Week 11. Subsequent lectures will introduce you to

some examples of specific issues (i.e. trends and developments) that you could

discuss under some of the PESTEL elements, such as digital trends, sustainability

concerns, and technological advancements. In addition to these, your report will

greatly benefit from your personal reading of relevant material, especially regarding

Covid19 related issues. Thus, please also refer to the textbooks for this Module

(Worthington et al. 2018 – The Business Environment: a Global Environment;

Palmer and Hartley, 2012 – the Business Environment, and Ferrel, Hirt and Ferrel,

2020 – Business Foundations) and online articles, such as the Havard Business

Review, Forbes, the Financial Times, on topics relevant for your report.

Checklist –

To do well on this report:

1. Ensure that you follow the guidelines for writing a report. Further guidance on

this will be provided in seminars and on Moodle.

2. Clearly identify a specific issue(s) linked to the PESTEL factors you focus on. It is

not enough to just mention, for example, that the technological environment has

changed. You need to provide specific example(s) of issues in this environment (e.g.

rise in the adoption and use of social media) that is relevant for your chosen

organisation.

3. Ensure that you have referenced correctly, following the University of Kent’s

Havard Referencing Guide.

4. Indicate in your report resources you have read. For instance, if you have read

from the BBC that Covid19 had led to high rates of inflation in Country A where your

company is located, you could indicate this in your report in the following way –According to the BBC (2022), Country A has faced significant increases in prices.

This could lead to…

The resources you reference can include company websites, quality newspapers and

news sites, textbooks, journal articles from Google Scholar, etc. Third party and

essay producing websites are not reliable sources of information and you are

strongly discouraged from using information from here in your reports.

5. Without such references in your text, the highest grade for your Reading &

Knowledge mark will be a 2.2.