This TMA is intended to assess the following:
Businesses are usually classified among business industries based on the products that they produce. There are many types of business industries: aerospace industry, technology industry, financial industry, transportation industry, education industry, food industry, consumer goods industry, etc.
Innovation is a crucial element for economic and organizational success. If a company wants to compete it must be both adaptive and creative. The focus of this TMA is to select an example (preferably a local example) of organizational innovation from the consumer goods industry associated with its business functions- marketing and/or operations management- and analyze the importance of this innovation. This TMA is not about innovative products, but rather innovative processes and methods that organizations implement through their business functions (marketing or operations) to gain competitive advantage such as finding new suppliers, creating new production methods, creating a new advertising strategy, etc.
It is crucial that students use theories and course material they learned in B207A while writing this TMA.
Your answer should be in the form of an essay. The essay should be well organized, that is, it has an introduction (5 marks), body (90 marks) and conclusion (5 marks). The introduction should introduce the topic.
In the body paragraphs, the following points should be discussed:
Plagiarism: It’s imperative that team members write the TMA using their own words. Plagiarism will be penalized depending on its severity and according to AOU plagiarism policy.
Format: expected to write their answer in an essay format: introduction, body paragraph(s) and a conclusion. Failing to do so could result in the deduction of up to 4 marks from the total TMA paper mark.
Word count: TMAs are expected to be within the specified word count. A 10% deviation from word count limit is acceptable. Not adhering to specified word count could result in the deduction of up to 4 marks of the total TMA paper mark.
Referencing: team members are expected to use the Harvard referencing style for in-text referencing and list of reference at the end. Failing to do so could result in the deduction of up to 4 marks of the total TMA paper mark.
E-Library: team members are expected to use sources to support their answers. A minimum of 3 sources is required. Failing to do so could result in the deduction of up to 4 marks of the total TMA paper mark.