Unit Title: Managing Corporate Business in Wider Business Organisation (Unit 9)

ASSESSOR NAME : PROF GOPAL KRISHNA SHARMA Date of issue: Submission date:
Learning Outcome Evidence for the criteria Tasks Met the criteria? Yes / No

PGD- (Btech-Level-7) Assignment Brief

Mode of Assessment

explain the effects of globalisation on national economies Understand the wider implications and effects of global integration on organisations

1.1

1.2 discuss the influence of international institutions on organisations 1.3 explain the role and responsibility of European Union membership on the workplace explain the importance of responsible corporate governance in organisations 2.1

Yes / No

Final written assignment by

Yes / No

Yes / No Yes / No Yes / No Yes / No

Understand the importance of responsible corporate governance in organisations

2.2

analyse the regulatory requirements that shape corporate governance 2.3 evaluate the impact of regulatory requirements on corporate stakeholders interests in an organisation discuss the economics of adopting a policy of environmental awareness in organisations 3.2 explain the actions that need to be taken by organisations to maintain the environment describe the measures that exist to improve workplace health and safety practice 3.3

3.1

Understand the effects of environmental legislation, directives and guidance on organisations

Yes / No

Yes / No

Assignments
1] TASK I A multi core business unit from US would like establish its operations in UK in the Chemical industry. The company is initially planning to invest 500 crore in the country to establish two factories and the respective business operation. They are planning to tap the indigenous as well as the international markets from UK. It plans to employ around 5000 people at various levels from the globe. With respect to the above situation, make a plan as to the aspects what the organisation should consider to establish the business enterprise giving thrust on the following aspects Corporate governance Regulatory requirement s Stake holder aspects Environmental policies Maintain the environment Work place health and safety Work place health and safety Work force welfare Diversity aspects approaches (2.1, 2.2, 2.3, 3.1, 3.2, 3.3) 2] TASK II

UK manufacturing and future opportunities in the global economy A key feature of the latest phase of globalisation has been the globalisation of the manufacturing value chain. As a result of improvements in global transport infrastructure, advancements in information and communication technologies, and significant progress in the elimination of tariff and non-tariff barriers, manufacturers are now able to separate the different parts of the manufacturing value chain and carry out particular economic activities in different geographical locations around the world. As the rate of globalisation has accelerated, competition in domestic and international markets for manufactured goods has intensified. As well as competition from other leading manufacturing countries such as the United States, France, Germany and Italy, UK manufacturers are now facing increasing competition from emerging economies which are steadily moving up the value chain into higher value activities and industries. Manufacturers in developed countries, including the UK, have responded to the rise in globalisation and increased international competition by outsourcing and offshoring to emerging countries lower value activities in the companys value chain such as production. This has enabled them to enhance their productivity and reduce costs while at the same gaining important access to fast growing emerging markets. At the same time, manufacturers in developed countries have sought to differentiate themselves further by shifting away from traditional business strategies based around the sale of a particular product to new models where the sale of a product is combined with associated services. This trend is referred to in the literature as the servitization of manufacturing. In 2005, the UK manufacturing sector accounted for around 14% of the total value of services exports.

Over the next few decades, domestic and global demand for products and services is anticipated to change. This will be driven by a range of factors including rising incomes, increased demand for higher environmental standards and greener products, demographic and lifestyle change, continuing technological progress and rapid growth in emerging markets. These trends will influence the long-term growth prospects for UK manufacturing. The new product and geographical market opportunities generated as a result of these trends could lead to the emergence and expansion of new industries, particularly those based around new technologies. In some cases, these trends could lead to a revival of those manufacturing industries which previously may have been stagnating or in decline. Manufacturing industries which could benefit from the expected changes in global and domestic demand include Life Sciences, automotive, electronics, food and drink, aerospace, space, composites and low carbon. Strengths and capabilities in UK manufacturing As globalisation has gathered pace, so the characteristics of UK manufacturing have changed significantly. Much of the activity in modern day manufacturing involves high levels of technological and non-technological innovation and investment in skills, knowledge and intangible investment such as branding, software, marketing and training. This has led to the development of new, better quality and more sophisticated products, and more innovative business models and processes. In common with leading manufacturing countries such as Japan, Germany and the United States, the UK has increasingly specialised in higher-technology manufacturing industries such as aerospace and pharmaceuticals. This compares with emerging economies including Brazil, Russia, India and China which have specialised to a greater extent in lower technology industries such as textiles. Over time, the competitive advantage of different countries in dynamic industries characterised by high levels of innovation and technological progress will change as new improved products are developed and brought to market. It is therefore important to consider also the UKs current strengths in different areas of technology as they can provide a useful indication of where the countrys competitive advantages could lie in the future. Current patent activity suggests that the UK is presently relatively strong in the areas of organic chemistry, biotechnology/ pharmaceuticals and medical technology and weaker in the areas of electronics, optics and nano-technology and information technology. Faced with increased competition from emerging economies, UK manufacturers must continue to develop their productive capabilities in order to remain internationally competitive. The UK compares well against the leading industrialised countries on various measures of innovation including research and development and investment in intangible assets. The proportion of firms which are exporting is also increasing in many manufacturing industries. Engaging in other markets can prove highly beneficial for UK manufacturers since it enables them to keep at the forefront of ongoing developments in innovation and technology through greater exposure to new ideas and knowledge and access to customers/ suppliers and skills around the world. The impact of globalisation on UK manufacturing A key feature of the latest phase of globalisation has been the globalisation of the manufacturing value chain. Improvements in global transport infrastructure, advancements in information and communication technologies, and significant progress in the elimination of tariff and non-tariff barriers on manufactured goods has enabled information, knowledge, labour, capital, goods and services to travel over longer distances much more quickly and cheaply than before.

As a result of these developments, manufacturers are now able to separate out the different parts of the manufacturing value chain (as shown in Box 2 below) and carry out particular economic activities in different geographical locations around the world. The globalisation of the value chain is more advanced in higher technologies industries. This is because higher technology manufacturing products are relatively more complex and many firms often no longer have the necessary capability in-house13. Box 2: The manufacturing value chain Manufacturing is often perceived as merely production the process of transforming raw materials and semi-finished products either into new more complex goods or for final sale to consumers. In reality, production is often only one aspect of the manufacturing process or value chain comprising a number of other vitally important functions as shown below. Research Design & Development of products and services Production Logistics & Distribution Sales & Marketing After sales services As the rate of globalisation has accelerated, competition in domestic and international markets for manufactured goods has intensified. For many years, UK manufacturers have faced competition from other leading manufacturing countries such as the United States, France, Germany and Italy which have similar strengths in terms of their stock of knowledge, skills, science and research base and investment in innovation, including research and development. However, the UK is increasingly facing stronger competition from the emerging economies, in particular Brazil, Russia, India and China collectively known as the BRIC countries which are steadily developing productive capabilities in higher value manufacturing industries and activities where the UK has traditionally enjoyed a competitive advantage. Based upon the above situations: 1. Discuss the effects of globalisation 2. Comment upon the influence of international institutions on organisations with respect the above situation 3. Narrate the influence of various Unions in UK with respect to the situations stressing on roles and responsibilities of Unions on the workplace (1.1, 1.2, 1.3)

In the assignment the learners need to explain the effects of globalization on national economies. This will need to include the economic and social dimensions of globalisation. Learners need to adopt a critical stance and use relevant examples to illustrate their points. Learners will discuss the influence of international institutions on at least two organizations and explain the role and responsibility of European Union membership on the workplace. Focus needs to be on economic and legal dimensions with examples drawn from specific workplace policies and procedures. Learners need to explain the importance of corporate governance. The explanation needs to be critical and use examples of the failure of corporate governance to demonstrate the requirement for

effective corporate governance practices. Learners need to use analytical skills to show how legal and regulatory corporate governance requirements have been incorporated into corporate policies and procedures which show organizations are aware of the need to adopt best practice requirements. Learners need to evaluate the impact of regulatory requirements on stakeholders and their often conflicting and contrasting interests, indicating how a balance can be maintained between these different requirements. Learners need to discuss the economic impact of adopting environmental policies, explaining the actions that need to be taken to ensure sustainability and minimize environmental impact. learners need to describe how employers act to ensure personnel are protected through the adoption of suitable health and safety measures. Learners need to analyse the responsibilities of organisations for improving workplace welfare. learners need to consider how diversity is managed in organisations and compare how organisations use different approaches. Some organisations adopt a more proactive stance by having affirmative action policies to manage diversity and equality of opportunity.

Submission Guidelines for Students: Word limit: the assessment will based on the report, meeting all learning outcomes and consisting of each part approx. 2500 words in length, excluding any appendices Note: submitted properly- filed hard copy without any loose pages and title page duly filled Structure and format of written assignment You are advised to use the following format: Title page the details of author, circulation, Declaration, Purpose of submission and date Declaration: as provided front sheet Contents with page numbers. Introduction the background, the issue and the aim of the investigation. Major sections should cover answer to all three tasks. Clearly separated, usually covering the concepts used, the Information collected and reflections, the evaluation. Conclusions overall findings of the investigation: the overall picture that has emerged and the implications. References identification of literature and other sources used and referred to in the text Appendix I - Preparation guidelines of the written part section B of Coursework Document The report should be grammatically correct and word processed. Pages should be numbered. Use 11 point Arial, Times New Roman or Trebuchet script and 1.5 line space. Identify any references. Use the Harvard referencing system. Complete the title page and sign the statement of authenticity. For submission of hard copy ,Use professional file / folders &Use a butterfly or treasury tag to keep the pages of your work together. You will pass the assignment only if you achieve all Pass criteria. Student must provide evidence that learning outcomes of the subject have been met. Assignment will be checked for Plagiarism. Appropriate Actions may be taken as per College / Edexcel Plagiarism Policy. Late work will only be marked on the next occasion when the unit is taught. If the unit does not run again then you will need to pay a late assessment fee in line with the requirements of the Colleges assessment policy. Attached to the assignment must be a plagiarism report, the Front sheet completed and the declaration signed Use blooms triangle to evidence higher order skills

II - Plagiarism/Collusion Any act of plagiarism or collusion will be seriously dealt with according to the regulations. In this context the definition and scope of plagiarism are presented below (next section): Plagiarism is presenting somebody elses work as your own, It includes copying information directly from the Web or books without referencing the material; submitting joint coursework as an individual effort; copying another students coursework; stealing coursework from another student and submitting it as your own work. Collusion is working collaboratively with another learner to produce work that is submitted as the individual learners work .Suspected acts of plagiarism or collusion will be investigated and if found to have occurred will be dealt with according to the college procedure. Be aware of colleges and Edexcel policy for Plagiarism. III - Submission Submission and last date: last date is: 26th September 2012 Submit the hard copy to reception by target date. a. All coursework must be submitted to the assigned person and a receipt must be obtained. Under no circumstances other College staff can accept them. b. The copy of the coursework submitted will not be returned to you after marking IV - Good practice a. Make backup of your work in different media (hard disk, floppy disk, memory stick etc) to avoid distress for loss or damage of your original copy. b. Make an extra hardcopy of your work submitted for your own reference or later use V - Extension and Late Submission Normally the date of submission is final and non-negotiable. However, if you need an extension for a valid reason, you must request one using a coursework extension request form available from the college. Please note that the lecturers do not have the authority to extend the coursework deadlines and therefore do not ask them to award a coursework extension. The completed form must be accompanied by evidence such as a medical certificate in the event of you being sick. VI - Assessment and Grading This assessment is based on achievements in learning outcomes. In order to pass: All criteria identified in the assignment with reference to learning outcomes of the module must be met. Student may use Blooms taxonomy to deliver an answer evidencing attainment of higher level skills of analysis, application, evaluation, assessment, contrasting, innovation and synthesis. Marking guidance Part 1: The article is a substantial piece of work and this must be reflected in the submitted material. The links between leadership and management needs to be clearly identified together with how the different styles of leadership and management affect business activities. There needs to be an assessment of how leadership and management affect strategic decisions and feed through in to the shaping of organisational strategy. Leadership, management and strategy need to be researched and examples to

illustrate the points being made need to be drawn from a range of different current situations. Allocate around 2,500 words for the article although this is only a guide and does not include appendices. All work must use suitable formats and be of a standard expected in organisational settings.

Part 2: All criteria identified in the assignment are met. The synopsis is a substantial piece of work and this must be reflected in the submitted material. Both the jewellery retail sector and the requirements of strategic retail management need to be researched and the results of the investigation should be validated, analysed and evaluated in order to provide a reliable basis for making proposals about how Bijou might develop the required leadership and management skills required to move the business forward. Allocate around 25 00 words for the synopsis and proposals although this is only a guide and does not include appendices.

Overall in part 1&2 All criteria identified of learning outcomes in the assignment are met. Report has proper structure; student shows good theoretical knowledge and underpins his/ her answers with theoretical support. Student clearly applies theoretical models but Student clearly analysed & clearly evaluated it. . Student discuses with help of theory and Deductive and inductive critical thinking are evidenced. This brief has been verified as being fit for purpose Assessor Prof Gopal Krishna Sharma Signature Internal verifier Signature Date Prof. P. V. Ignatius Date 10.05.2012 1.05. 2012

Assessment sheet (Provisional Result)

(For official use only) PGD- (Btech-Level-7) Learners Name: . ID.. Class (Course): January 2012 Unit title: Managing Corporate Responsibility in the Wider Business Environment

Assessor(s)Prof Gopalakrishna Sharma

Learning Outcome Evidence for the criteria Tasks Met the criteria ? feedback : Relevant Contents ,Referencing ,Blooms Higher order skills ( Theoretical model application, Critical Logical analysis, Creativity & synthesis, And Evaluation ) Assessors decision Fail/Referral / Pass/

explain the effects of globalisation on national economies Understand the wider implications and effects of global integration on organisations

1.1

Yes / No

1.2 discuss the influence of international institutions on organisations 1.3 explain the role and responsibility of European Union membership on the workplace explain the importance of responsible corporate governance in organisations 2.1

Yes / No

Yes / No

Yes / No Yes / No Yes / No Yes No /

Understand the importance of responsible corporate governance in organisations

2.2

analyse the regulatory requirements that shape corporate governance 2.3 evaluate the impact of regulatory requirements on corporate stakeholders interests in an organisation discuss the economics of adopting a policy of environmental awareness in organisations explain the actions that need to be taken by organisations to maintain the environment describe the measures that exist to improve workplace health and safety practice 3.3

3.1

Understand the effects of environmental legislation, directives and guidance on organisations

3.2

Yes No

Yes No

analyse the responsibilities of organisations to improving workforce welfare compare approaches to the management of diversity in organisations compare organisational approaches to ensuring positive policies of workforce diversity

Understand the sociocultural, ethical and moral issues that affect organisations in the current economic environment

4.1 4.2

Yes / No Yes / No Yes / No

4.3

Overall Final Grade: Fail Referred Pass F R P

Assessors/ Lecturers additional General feedback and comments:

Internal verification / Moderation General feedback and comments:

Assessors Signature . Date :

Moderators Signature.. Date :