Describe the entrepreneurial process utilised in business management.

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1.1 Explain the role of the entrepreneur in business.

1.2 Describe the entrepreneurial process utilised in business management.

1.3 Analyse theories of entrepreneurship used in business.

2. Understand the promotion of a venture in business.

2.1 Explain opportunity analysis and environmental analysis of a venture in business 2

.2 Analyse the various sources of funding available to abusiness.

2.3 Explain factors impacting on a venture in business.

3. Understand entrepreneurial behaviour in business.

3.1 Explain entrepreneurial behaviour patterns in business management.

3.2 Analyse entrepreneurial development programmes accessed in business management.

4. Understand role of the entrepreneur in business.

4.1 Explain role of the entrepreneur in economic growth in a business.

4.2 Describe the role of innovation in business.

4.3 Analyse the social stability and balanced regional development of industries in entrepreneurship and development in business

Explore how cultural, communication, leadership and teamwork affect international project management;

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Module Title: Managing Global Projects Assignment Number 1
Module Code: 2 Assignment Title Individual Report
Module Leader: Assignment Weighting 10 credits (50% of the overall module mark)
Release Date: 18/1/2021
Submission Date/Time: 26
Submission Time and Place: Submission through Turnitin ONLY

Assessment Information

This assignment is an individual assignment.

This assignment is designed to assess learning outcomes 2 and 3:

LO2: Explore how cultural, communication, leadership and teamwork affect international project management;
LO3: Gain a sound understanding of international approaches to project management.

Case Scenario
ITech UK is a London based company leading a software development project to deploy fingerprint enabled ATM System. The project team members are working in four companies in different locations (the software company (ITech) in London, England; one development team in Lisbon, Portugal; two development teams in Bangalore and Mumbai, India) with team members speaking four different native languages (English, Brazilian Portuguese, Kannada and Tamil), all with different levels of fluency in English.

There are three different country cultures, and the total difference in time zones is 4h30 in summer (GMT+1 for Portugal and GMT+5:30 for India). In addition to the team members, there are stakeholders from another three locations (three pilot customers in the USA, South Africa and Australia), elevating the number of country differences to six, and the time zone difference to 14 hours (GMT-4 for New York, USA to GMT+10 for Sydney, Australia) (Binder, 2016).

AS part of the development process, each of the global team is involved in one or more of the steps:
• Output design
• Input design
• File design
• Processing design
• Detailed system documentation
• Software testing and validation

The Assignment Requirements and Task:
You are required to produce a Project Initiation Document (PID) that addresses the project scenario above to present to your project sponsor. Your PID should include relevant project management tools, matrix and methodology, such as:

• A project scope statement including a Work Breakdown Structure and a Gantt chart
• Produced project communication plan, to include the likely impact of culture, communication, leadership and teamwork on the successful implementation of the project. Key stakeholders must be identified, analysed and a communication plan developed for effectively engaging the stakeholders throughout the project.
• Risk management plan to taken into consideration, different stakeholder, risk associated to the activities of the project and the likely cultural risks of the project.

Identify the problem or issue, and communicate whether it is a problem or issue.

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A manufacturing facility is meeting its production targets, however two leaders disagree over how the production levels might be further improved. One thinks that employees are not properly motivated, while the other believes that the process design could be improved. Analyze this scenario by:

Identifying the problem or issue, and communicate whether it is a problem or issue.
Providing potential underlying reasons for the issue or problem.
Applying critical thinking, and suggest appropriate, creative solutions or approaches to the problem or issue.

What courses of action are you considering and which one(s) will you likely select?

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You are the newly appointed as CEO of a Fortune 500 company that has recently been the subject of numerous media reports and state investigations focusing specifically on sexual harassment by mid and upper level managers. Your predecessor was fired by the board of directors and you are expected to change the organization’s culture. During your first meeting with the board of directors the chairman says, “make this problem go away so we can get back to business as usual.” In your discussions with the board members you realize that it is essentially an “old boys’ network,” and that they were bothered more by the bad publicity than the damage caused to several employees who had been sexually harassed. In essence, it becomes evident to you that the board is part of the problem rather than the solution. Keep in mind, of course, the board members hired you and also have the power to fire you.

– What are your options?

– Support your rationale with ideas you have gained from your readings and presentations in the past five weeks.

– What courses of action are you considering and which one(s) will you likely select?

Do you believe being more of a “giver” than a “taker” will translate into greater career success for those managers? Discuss.

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This chapter describes studies that show that people work harder and better for managers who put the interests of others above their own.

1) Why might this happen?

2) Do you believe being more of a “giver” than a “taker” will translate into greater career success for those managers? Discuss.

Discuss (at the level of practical application) if there has been a proper selection of project sponsor and project manager, and the advantages of their support for the project.

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The practice of project management has been with us for a long time. This discipline and its evolution as a profession are detailed throughout this course. Today, project management has reached a maturity that entitles it to a rightful place in the practice and the literature of the Management and Business Administration program. However, the ability of the project management profession to remain viable in an ever-changing world is dependent upon the members of the profession to recognize change, and to adjust to that change for the good of the organization.
Write a focus paper discussing the importance of aligning projects with the organization’s strategic goals. In your discussion, consider the advantages of having the leadership team support the project. Please be mindful that executives are interested in initiatives that promote the vision and mission of the organization.
Remember, a focus paper is an argumentative essay that attempts to persuade the reader of the truth or plausibility of a specific claim or position. A focus paper is NOT a summary, commentary, journal entry, personal reflection, analysis, compare and contrast essay, or an expository essay. The objective is NOT to convey information, show how much you know, or analyze a text. Rather, the primary goal is to persuade the reader that an important, interesting, and debatable thesis is true or plausible, and that the alternative position is untenable.
Criteria for the Assignment
• Select any project (your choice, a project you know about or one that you would like to join).
• Map organizational objectives, goals, and strategies to the project outcomes.
• Discuss (at the level of practical application) if the project organization reflects organizational strategies.
• Discuss (at the level of practical application) if there has been a proper selection of project sponsor and project manager, and the advantages of their support for the project.
• Demonstrate the adequacy of project policies, procedures, and techniques.
• Discuss (at the level of practical application) the uses of scope, risk, time, cost, and quality with associated planning and performance standards.
• Discuss (at the level of practical application) how to communicate the project to the organization and stakeholders.
Components
• Title page formatted in current APA style with the following information: Title of the paper, your name, course number and section number, and date.
• A table of contents using the following headers: Executive Summary, Introduction (3–5 sentences including thesis statement), Project Overview, Analysis of Project (Assess the core project concept. Determine the costs and benefits of the project. Assess if the project scope, risk, and strategy was defined clearly.), Recommendation and Course of Action, Conclusion (4–8 sentences stating your recommended solutions in terms of project management techniques and tools), and References.
• A minimum of three scholarly journal and textbook source references cited and credited according to current APA formatting style using a minimum of six in-text citations.
• The paper should be focused and to the point, containing between 600–800 words from the Executive Summary to the end of your Conclusion.

What external and internal factors affect airline pricing decisions?

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Marketing in Action: Low Cost Airlines Take Off
Analyze the following case study from the Hunt Library: Hudson. S. & Hudson. L. (2017). Marketing in Action: Low Cost Airlines Take Off. r, In M. Waters (Ed.). Marketing for tourism, hospitality & events: A global & digital approach. London. UK: SAGE
The case explains the growth in popularity of budget airlines and how low cost airlines are expanding their services to meet the needs of the global market. After reading the case study, address the following topics:
• Choose three airlines and compare/contrast the different pricing strategies they are following. • What benefits do airline customers seek when they buy air travel tickets? • What external and internal factors affect airline pricing decisions?

Analyse the competitive forces in the food retailing industry in the UK taking account of the variety of players from small independents to the largest chains.

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Strategic Management 2020/21

Formative assignment brief

The following is a question taken from the summative assignment (the summative assignment will be released to you in week 8).

This formative assignment is an informal way in which you can enhance your learning of topics in this module and receive feedback on your progress.

The question is as follows:

Analyse the competitive forces in the food retailing industry in the UK taking account of the variety of players from small independents to the largest chains.

You are required to submit an assignment plan which should focus on the features of the competitive environment, drawing on Porter’s five forces model to underpin your analysis. You will be required to undertake appropriate research to inform your analysis of the industry’s growth and the nature of your research should be highlighted in your plan.

You can submit this work individually or in groups (up to a maximum of 4 in each group).

Your group plan should be no more than 1 side of A4 paper and must be submitted through Canvas. Your submission should clearly identify each member of the group with each student’s SID.

Analyze the theoretical foundation of Tannenbaum and Schmidt’s Continuum .

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Analyze the theoretical foundation of Tannenbaum and Schmidt’s Continuum . The researchers postulated that the contingent process of leasdership selection was attributed to situation context (e.g., psychological and job maturity of subordinates) in a two page paper expound on this theoretical paradigm and tests its validity. Use Fielders Contingency model, Hersey and Blanchard’s (1977) situational leadership theory, McGregor’s Theory X and Theory Y, Transactional and Transformational leadership theories to establish linkages to validate your answer. At the end provide recommendations for future leaders based off findings.