Dealing with External Pressures in Business Environment

Dealing with External Pressures in Business Environment is perceived to have an immense significance for global organizations and global supply chains, and having a correct strategy in place for dealing with external business environments can be the difference between business success and failure with significant consequences for stakeholders in both cases.

Dealing with External Pressures in Business Environment
Dealing with External Pressures in Business Environment

In groups of 3 you are required to conduct a critical evaluation of strategic management principles using a maritime business of your choice. In your work you should discuss how the company of your choice has been responding to pressures from the external environment over the last 3-5 years. In your report critically discuss their chosen strategies, and based on the current market trends recommend areas for future improvement.

Please note, if you want to write about big oil majors such Shell and BP, you can write about their shipping divisions, and not the company as a whole. Those organizations are exceptionally big and will require a lot more than 3500 words to critically discuss their strategies. Similarly with Maersk Group which consists of 16 different companies. If you want to write about Maersk ñ then write about a specific company i.e. Maersk Line, or APM Terminals, etc., but NOT about the group as a whole. This principle applies to the whole sector ñ be specific about which company/group segment you are analyzing.

Southampton Solent University

Assessment Brief

Assessment Details

Unit Title: Strategic Management and Marketing

Unit Code: MAR151

Unit Leader: Giuseppe Saieva

Level: Level 6

Assessment Title: AE1 Dealing with external pressures

Assessment Number: 1

Assessment Type: Report

Restrictions on Time/Length : 3500 words +/- 10%

Individual/Group: Group (3 people per group)

Assessment Weighting: 30%

Issue Date: 11-Feb-19

Hand In Date: 11-Mar-19

Planned Feedback Date: within 20 working days of the submission date

(this does not apply to work submitted late)

Mode of Submission: Electronic upload online via Turnitin

Number of copies to be submitted: 1

Anonymous Marking This assessment will be exempt from anonymous marking as it falls within an exempt category under the

Universityís Anonymous Marking Policy.

Dealing with External Pressures in Business Environment Assessment Task

The business environment is perceived to have an immense significance for global

organizations and global supply chains, and having a correct strategy in place for dealing

with external business, environments can be the difference between business success and

failure with significant consequences for stakeholders in both cases.

In groups of 3, you are required to conduct a critical evaluation of strategic management

principles using a maritime business of your choice. In your work you should discuss how

the company of your choice has been responding to pressures from the external environment over the last 3-5 years. In your report critically discuss their chosen strategies, and based on the current market trends recommend areas for future improvement.

Please note, if you want to write about big oil majors such as Shell and BP, you can write

about their shipping divisions, and not the company as a whole. Those organizations are

exceptionally big and will require a lot more than 3500 words to critically discuss their

strategies. Similarly with Maersk Group which consists of 16 different companies. If you

want to write about Maersk ñ then write about a specific company i.e. Maersk Line or APM

Terminals, etc., but NOT about the group as a whole. This principle applies to the whole

sector ñ be specific about which company/group segment you are analyzing.

Please note: 1 submission per group is sufficient, as long as all 3 Names/ID numbers are

included in the assignment.

PLEASE NOTE:

You are NOT allowed to reference lecture slides in this assignment and instead should seek

original sources. Furthermore, your referencing must only be done using Harvard

Referencing System. Our library has a referencing guide.

Some points to consider:

You are encouraged to challenge the strategic management of these organizations but you

must support your ideas and discussion with supporting evidence.

To be able to do justice to this assignment you will have to read and research extensively.

You are strongly advised to take advantage of the wide-ranging electronic journals

available via our library to augment your literature search.

You must NOT simply provide a history, narrative or description of your organization. In

addition do NOT simply describe what has happened in the market.

You must demonstrate your ability to use the strategic models available to you and

provide a critical analysis of the organization and explain why senior management have

made their decisions. Use this to support your conclusions and recommendations.

All strategic models used within your research must be included in your appendices fully

completed. A simple SWOT analysis is not sufficient.

Students are strongly recommended to commence their research as early as possible.

Dealing with External Pressures in Business Environment Learning Outcomes

This assessment will enable students to demonstrate in full or in part the learning

outcomes identified in the unit descriptors.

Late Submissions

Students are reminded that:

  1. If this assessment is submitted late i.e. within 5 working days of the submission

deadline, the mark will be capped at 40% if a pass mark is achieved;

  1. If this assessment is submitted later than 5 working days after the submission

deadline, the work will be regarded as a non-submission and will be awarded a zero;

iii. If this assessment is being submitted as a referred piece of work (second or third

attempt) then it must be submitted by the deadline date; any Refer assessment

submitted late will be regarded as a non-submission and will be awarded a zero.

http://portal.solent.ac.uk/documents/academic-services/academic-handbook/section2/2o-assessment-policy-annex-1-assessment-regulations.pdf?t=1411116004479

Extenuating Circumstances

The Universityís Extenuating Circumstances procedure is in place if there are genuine

circumstances that may prevent a student from submitting an assessment. If students are not

‘fit to studyí, they can either request an extension to the submission deadline of 5 working

days or they can request to submit the assessment at the next opportunity (Defer). In

both instances students must submit an EC application with relevant evidence. If

accepted by the EC Panel there will be no academic penalty for late submission or nonsubmission

dependent on what is requested. Students are reminded that EC covers only

short term issues (20 working days) and that if they experience longer-term matters that

impact on learning then they must contact a Student Achievement Officer for advice.

A summary of guidance notes for students is given below:

http://portal.solent.ac.uk/support/official-documents/extenuating-circumstances/

extenuating circumstances.aspx

Academic Misconduct

Any submission must be studentsí own work and, where facts or ideas have been used

from other sources, these sources must be appropriately referenced. The Universityís

Academic Handbook includes the definitions of all practices that will be deemed to

constitute academic misconduct. Students should check this link before submitting their

work.

Procedures relating to student academic misconduct are given below:

http://portal.solent.ac.uk/support/official-documents/complaints-conduct/studentacademic-misconduct.aspx

Ethics Policy

The work being carried out by students must be in compliance with the Ethics Policy.

Where there is an ethical issue, as specified within the Ethics Policy, then students will

need an ethics release or an ethical approval prior to the start of the project.

The Ethics Policy is contained within Section 2S of the Academic Handbook:

http://portal.solent.ac.uk/documents/academic-services/academic-handbook/section2/2s-university-ethics-policy.pdf

Anonymous Marking

A copy of the Universityís Policy on Anonymous Marking, process details and student

guidance on submission sheet completion can be found on the following links, which are

also uploaded on the Student Portal.

Fact Sheet: http://portal.solent.ac.uk/documents/academic-services/policiesprocedures-guidelines/anonymous-marking-fact-sheet.pdf

Process: http://portal.solent.ac.uk/documents/academic-services/policies-proceduresguidelines/anonymous-marking-process.pdf

Dealing with External Pressures in Business Environment Grade marking

The University uses a letter grade scale for the marking of assessments. Unless students

have been specifically informed otherwise their marked assignment will be awarded a

letter grade. More detailed information on grade marking and the grade scale can be

found on myCourse.

Policy: http://portal.solent.ac.uk/documents/academic-services/academichandbook/section-2/2o-assessment-policy.pdf

Fact sheet: http://portal.solent.ac.uk/documents/academic-services/academichandbook/section-4/4o-grade-marking-briefing-for-students.pdf

 

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