BUSINEES GAME BASED ON EUROPEAN CAR INDUSTRY. THE CURRENCY IS £ I WILL PROVIDE ALL THE DATA OF THE ROUNDS WITH RESULTS . THE ASSIGNMENT SHOULD BE OF THREE PARTS 1. ABOUT THE INDUSTRY VISION MISSION AND REFLECT ON COMPANY PERFORMANCE EACH ROUND CLOSELY TO THE PRESENTATION SET UP, CHOICE,VISION,MISSION. USE THE DATA FOR REFLECTION FOR 5 YEARS AND FOR MORE DETAILS SEE BELOW ASSIGNMENT REQUIRED PROVIDED. n ( The requirement in part 1 intro, describe and analyse the decisions made, make sure to include porters 5 forces and SWOT. Need to show data so that where you can use the reports emailed) 1000 WORDS 2. TEAM INVOLVEMENT PERSON A - CEO B - MARKETING C AND D – OPERATIONS E - HUMAN RESOURCES F - CHIEF FINANCIAL OFFICERS Total in my team 7 members. Write brief about each team member role performance considering value chain, company activities reflect, any cocept of theory MBA discussed whether implemented or not. It if works why or why not. (discussed based on a literature review of the 5 departments in the business game; operations,finance,r&d, HR) 3. Team reflection: Dynamics team Interaction in the team (Reflection on team dynamics) Instructions on Assessment and indicative marking: Each student will submit an individual report, based on the game output and experiences from being part of their team. The report, however, is an individual piece of work, and as such, should be undertaken by students individually. Students should not share their report or analysis with fellow team members. However, students can share the material from the game, i.e. decision forms, team meeting minutes and the computer output. This report, which should be 3,000 words and will consist of the following sections: 1. Front page 2. Contents (with page numbers) 3. Introduction (5%): An overview of the initial business strategy with rationale and associated link to the initial group decisions, together with a table showing forecast production, sales, post tax profit and bank balance for the first round. 4. A Critical Evaluation on the Company Performance (50%): a. Start with a clear explanation of what happened during the game supported by graphs/tables of key financial and non-financial data for the company. Guidance: You MUST compare the Round 1 results with the forecast, explain the differences, explain the rationale for the Round 2 decisions then present the Round 2 forecast. Follow this approach for all rounds. You should then comment on the trends in key data over the game. The key data should include as a minimum prices, production, sales, gross margin, unsold stock, post-tax profit and market share. b. Continue with a critical evaluation of the performance of the company over the course of the game which should include a clear explanation of the links between decisions, outcomes and strategy. Where possible you should also apply referenced strategic management frameworks and theories to illustrate your learning, decision making & actions (NOTE: a discussion of the theory is not required). Guidance: Overall we want to see if you understand what actually happened during the game and can relate this to strategic theory. In your critical evaluation, we would also like you to demonstrate how you could improve the company performance if you played the game again. The critical evaluation of the company should be allocated about 1500 words 5. A critical evaluation of the performance of the team – for example, the effectiveness of the decision-making process and the roles played by individuals including leadership (25%): Guidance: Discuss, for example, the organisation of the team, the effectiveness of the decision-making process and the roles played by individuals including leadership. For example, how effective was your contribution to the team? What did you learn from the game about effective teamwork and decision making? What would you do differently if you played the game again? NOTE: It is important to go beyond simply “telling a story” and to make use of relevant material from the Semester 1 Residential and the Developing Self module. You can also make use of the meeting logs that you kept during the game. The critical evaluation of the team should be allocated about 1000 words 6. Conclusion (10%): To what extent was your company successful? To what extent did the vision become reality? Provide an assessment of the key organisational successes and challenges that have emerged from the four years the organisation has been in operation. The introduction and conclusion should be allocated about 500 words 7. References – APA 8. Appendices (not more than 6 pages). These should be used for supporting data and can include tables and graphs. The main tables and graphs should be included in the main body of your report. 9. A mark will also be awarded for report presentation, including structure, style, clarity, flow and grammar. (10%). 1.75-2.9 2.7 The fundamental theories relevant to this question are provided without ambiguity and refers to a text or journal article, but these may not be well discussed.Some context provided. Reflection demonstrates satisfactory clear reasoning and provides reasonable discussion on the “cultural fit” to the organisation. 3-3.5 3.2 The fundamental theories relevant to this question are clearly identified and explained, without ambiguity and in context and with reference to a suitable journal article. Reflection demonstrates clear and consistent reasoning and provides detailed discussion on the “cultural fit” to the organisation. 3.6-4.15 3.7 The fundamental theories relevant to this question are clearly identified and described well, with relevant information and argument where necessary for understanding. The context is clear and suitable journal article(s) are used. Reflection demonstrates clear, consistent and detailed reasoning and provides high-level discussion on the “cultural fit” to the organisation. 4.2-4.75 5 The fundamental theories relevant to this question are clearly identified and described comprehensively, delivering all relevant information necessary for full understanding. The context and background are well explained and suitable journal article(s) are used. Reflection demonstrates consistent and systematic reasoning and provides thorough discussion on the “cultural fit” to the organisation. 4.8-6 Quality of language and ability to communicate information accurately using academic style ULO2 (Max 4 marks) 0.4 Writing filled with grammatical and spelling errors. English expression is difficult to understand. Little or no use of paraphrasing, with a heavy reliance on quotes. In-text citation and referencing have not been used or do not conform to Harvard standard. 0-1.55 1.2 Many grammatical and spelling errors. English expression is difficult to understand, but meaning can be made of what is written. Little effort has been put into paraphrasing of material. In-text citations not utilised or inaccurate. List of references does not follow the Harvard referencing style correctly. 1.6-1.95 1.6 Expresses thoughts meaningfully, even though there may be occasional errors. Paraphrasing uses too many of the author’s own words. In-text citations are too sparse and/or mostly inaccurate. Some attempt to present a list of References following the Harvard referencing style, but may have several errors. 2-2.36 1.9 Expresses thoughts meaningfully, even though there may be occasional errors. Paraphrasing portrays the ideas of others in student’s own words. In-text citations are accurate in most cases and are just adequate to the task. List of References presented using the Harvard referencing style accurately in most cases. 2.4-2.76 2.2 Communicates meaning with clarity and fluency. Writing is almost error-free. Paraphrasing correctly portrays the ideas of others in student’s own words. In-text citations are accurate and support the arguments made in the assignment quite well. List of References presented accurately using the Harvard referencing style. 2.8-3.16 3 Skillfully communicates meaning with high level of clarity and fluency. Writing is virtually error-free. Paraphrasing correctly portrays the ideas of others in student’s own words. In-text citations are accurate and support the arguments made in the assignment very well. List of References presented very accurately using the Harvard style. 3.2-4 List of suggested academic journal articles, books and book chapters: Carroll, AB and Shabana, KM, 2010. ‘The business case for corporate social responsibility: A review of concepts, research and practice’, International Journal of Management Reviews, vol. 12, no.1, pp. 85-105. Edwards, JR, Caplan, RD and Van Harrison, R, 1998. Person-environment fit theory. In CL Cooper (Ed.) Theories of organizational stress (pp. 28-67), Oxford University Press, Oxford, UK. Edwards, JR, Cable, DM, Williamson, IO, Lambert, LS and Shipp, AJ, 2006. ‘The phenomenology of fit: linking the person and environment to the subjective experience of person-environment fit’, Journal of Applied Psychology, vol. 91, no. 4, pp. 802-807. Ferguson, J (2016) ‘Corporate response to climate change: language, power and symbolic construction’, Accounting, Auditing & Accountability Journal, vol. 29, no. 2, pp. 278- 304. http://ezproxy.deakin.edu.au/login?url=http://dx.doi.org/10.1108/AAAJ-09-2013-1465 Hollensbe, E, Wookey, C, Hickey, L, George, G, & Nichols, CV, 2014, 'Organizations with purpose’, Academy of Management Journal, vol. 57, no. 5, pp. 1227-1234. Available from: 10.5465/amj.2014.4005. http://ezproxy.deakin.edu.au/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=heh&AN=98822522&site=eds-live&scope=site Jovanovic, Z, 2015. ‘Management and changes in business environment’, Ekonomika, vol. 61, no. 2, pp. 143-151. http://ezproxy.deakin.edu.au/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=103670794&site=ehost-live&scope=site Robbins, SP, DeCenzo, DA, Coulter, M, Woods, M 2016, Management: The Essentials 3e, Pearson, Melbourne, Australia. Szymańska, K and Walecka, A, 2016, ‘Culture openness as an element of positive potential of enterprised in a crisis situation’. Journal of Positive Management, vol. 6, no.4, pp. 53-65. http://ezproxy.deakin.edu.au/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=116483370&site=ehost-live&scope=site Verbos, AK, Gerard, JA, Forshey, PR, Harding, CS and Miller, JS, 2007, ‘The positive ethical organization: Enacting a living code of ethics and ethical organizational identity’, Journal of Business Ethics, vol. 76, no. 1, pp. 17-33.