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Bournemouth University BUSINESS 123 Select any ONE organisation with which you are familiar or can research from publicly available sources. Drawing upon appropriate sources of information, critically evaluate how increasing competitive and broader economic pressures created by the growth of the E7 Emerging Economic Powers* impact upon its strategic ...[Show More]

Bournemouth University
BUSINESS 123
Select any ONE organisation with which you are familiar or can research from publicly available

sources. Drawing upon appropriate sources of information, critically evaluate how increasing

competitive and broader economic pressures created by the growth of the E7 Emerging Economic

Powers* impact upon its strategic business decision-making and operations and assess the

effectiveness of its current response. *(N.B: The E7 Emerging Economic Powers are – China, India,

Brazil, Mexico, Russia, Indonesia and Turkey.) Please note the following instructions for the

assignment: You will need to undertake some secondary research to complete the assignment and to

develop the evidence base to support your conclusions. Higher marks are awarded to those students

that display an ability to evaluate and provide a critical review of the evidence - i.e. to assess the

value and reliability of different sources before drawing their conclusions. You may select any country

or organisation upon which to base your research but you are strongly recommended to select an

organisation that you have worked for or one you feel you can research easily.

(LOs 1 – 5)

Exhibit an understanding of the key dynamic forces impacting on business and society.

2. Critically evaluate the relationship between the such forces in terms of effective strategic decision

making.

3. Prepare an evaluation of an organisation’s responses to key dynamic forces in the contemporary

business world.

4. Select and use decision making tools to address contemporary drivers for change.

5. Analyse the relevant theoretical foundations to support the identification and application of effect

corporate responses to contemporary management issues.

(4000 words) (100 marks)

The current environment in the world is constantly changing, which means that change is inevitable

within any organization. Contemporary management issues can be identified through change and

create an impact on an organization that needs to be addressed. Many organizations in the current

environment are affected by changes and issues within the internal and/or external environment. An

organization can choose one of two paths to follow in this situation, either accept defeat and

succumb to the pressure, or manage the organization and thrive in the face of change. This

assignment will evaluate Tesla Motors, considered one of the most innovative companies due to the

differentiation of its products compared to its competitors. Over time, Tesla Motors adopted new

innovative methods and focused on different strategies to stay competitive in the market.