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BUS 2043 Business Management System

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Question:

Explain in details the type of your business organization, how you will set vision, mission, goals and objectives (product and services).

Part 1

You are also required to explain how you can make use the management functions (POLC- Planning, Organizing, Leading and Controlling) in ensuring the effectiveness and efficiency of your business operations and in coordinating the work of company employees with professional management skill:-

1) Planning – identify three (3)  plans for each strategic and operational plans of your company;

2) Organizing – organization chart of your company (Organizational Structure and Design), job scope; and choose any three (3) key elements under organizational design

3) Leading – leadership style applied in your company;

4) Controlling – relate to planning above (including alternative actions when  the plans fail)

Part 2

Evaluate the organizational environment using SWOT to strategize your business.

In the course of evaluation, identify at least THREE (3) items in each SWOT component for the company. Against the THREE (3) items identified in each SWOT component, operationalize the action plans to move your business forward to attain the set goals and objectives.

Part 3

Based on your organizational environment analysis, particularly human resources and capabilities, recommend any FIVE (5) ways you would use to motivate the employees in your company to upgrade their capabilities (skills) and hence develop core competencies for the company to achieve your business objectives.

In summary, the requirements are:-

  • Type of business organization
  • Vision & Mission
  • Goals & Objectives - Product and services offered

POLC Implementation – Management functions to ensure effectiveness and efficiency in your business operations

 
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