Assess how business missions, visions, objectives, goals and core competencies inform strategic planning

NATIONAL ECONOMICS UNIVERSITY

BTEC HND IN BUSINESS

 

Learning Outcome

Learning outcome

Assessment Criteria

In this assessment you will have the opportunity to present evidence that shows you are able to:

Task no.

Evidence

(Page no)

LO1

Understand the

process of strategic

planning

1.1

Assess how business missions, visions, objectives, goals and core competencies inform strategic planning

1

 

LO2

Be able to formulate a

new strategy

2.1

Analyse the strategic positioning of a given organisation by carrying out an organizational audit

3

 

2.2

Carry out an environmental audit for a given organisation

4

 

2.3

Assess the significance of stakeholder analysis when formulating new strategy

2

 

2.4

present a new strategy for a given organisation

5

 

 

Student declaration

 

I certify that the work submitted for this assignment is my own. I have clearly referenced any sources used in the work. I understand that false declaration is a form of malpractice.

Student signature:                                                                            Date:

 

 

 

In addition to the above PASS criteria, this assignment gives you the opportunity to submit evidence in order to achieve the following MERIT and DISTINCTION grades

 

 

Grade Descriptor

Indicative characteristic/s

Contextualisation

 

 

 

M1 Identify and apply strategies to find appropriate solutions

 

Relevant theories and techniques have been applied. Attempt to critically relate theory to practice.

 

To achieve M1, you would have shown relevant theories and techniques been applied as required from the tasks

 

 

 

M2 Select/design and apply appropriate methods /techniques

 

 

 

 

 

 

 

M3 Present and communicate appropriate findings

 

Applications of a range of methods and techniques have been applied. The selection of methods justified.

Complex information/data have been synthesized and processed. Some judgments have been made.

 

To achieve M3, applying theories and technique should be synthesized with findings, facts, and data. Also, some judgments to show your critical thinking should be applied

 

 

 

D1 Use critical reflection to evaluate own work and justify valid conclusion

 

The validity of the result judged individually as sound and relevant with self-criticism of approach. Using relevant examples, which are analysed and critically explored; the ability to critically evaluate own practice.

 

To achieve D1, you will have shown ability to evaluate and justify own conclusion in. Facts, data and your evaluation should be well matched.

 

 

 

D2 Take responsibility for managing and organising activities

 

 

 

 

 

 

 

 

D3 Demonstrate convergent/lateral/creative thinking 

 

The ability to indicate that ideas generated and decisions considered with convergent and lateral thinking. There is evidence of realistic, logical and systematic approach to the strategic planning process. A clear evidence of good use of knowledge, application and understanding with strategic planning technique has been used. Full bibliography and appropriate referencing; being correctly written in standard English.

 

 

To achieve D3, you will have demonstrated ability to do lateral/creative thinking and receptiveness to new ideas in your analysing

 

 



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