Question 1
For a newly internationalised company, like Elecdyne discuss one of the following sets of issues (1-4) + plus you must discuss question 5 :
1. the centralisation-decentralisation debate (You should identify where the various functions of management sit in terms of being upstream, downstream, neither, or both, and how
developments in technology may affect these functions in the next 10 years.)
2. social innovation and networking, (You should undertake an analysis of the social innovation based opportunities that have / might develop for a newly internationalised company, like
Elecdyne in different sectors (e.g. health and education) over the next 10 years.)
3. sustainability and the potential impact of related issues on the company’s innovation, production and / or logistics functions (You should analyse the sustainability based
opportunities that might develop for a newly internationalised company, like Elecdyne over the next 10 years and evaluate the potential impact of these on the company’s innovation,
production and / or logistics functions)
4. corporate social responsibility, including 5 key CSR related issues, Pyramid of CSR etc. (You should Evaluate the issue of Corporate Social Responsibility using the “pyramid of CSR
framework” and analyse 5 key CSR related issues or factors that you think a newly internationalised company, like Elecdyne should focus on as an international business over the next 10 years.)
5. Using the relevant framework (e.g. identify the economic, social and / or environmental aspects of the issues chosen, what objectives / strategies an internationalised company might
therefore set, and how it would measure success in meeting these objectives / of these strategies. (You should Critically discuss the problems that international companies may face, when they
have multiple objectives (considering economic, social and / or environmental aspects) and the use of the balanced scorecard approach for making strategic decisions)
Advice:
The question should be split, broadly as follows:-
1. Introduction (including the choice of issue and why is it important) (10 lines)
2. Describing and discussing your selected issue in terms of economic, social and / or environmental factors (40-60 lines)
3. The range of objectives and strategies the firm might set itself to meet because of these issues (e.g. profit maximisation, sales maximisation, growth maximisation, sustainability,
corporate social responsibility, etc.)) and how it might balance the different objectives (e.g. balanced scorecard approach, triple bottom line, etc.) (30-60 lines)
THE MARKS will BE SPLIT UP BROADLY AS FOLLOWS:-
40-60% FOR ISSUE CHOSEN BY STUDENT
40-60% FOR HOW THE FRAMEWORK WAS USED TO BALANCE BETWEEN OBJECTIVES FOR ISSUE 1 CHOSEN BY STUDENT
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