Contemporary Management Issues (BUS6001)
About This Course
Introduction
That world is changing, and transition is unavoidable in every enterprise. Based on the learning segment, new managerial difficulties may be detected via changing and thus the influence of innovation on any type of company. Most firms in today’s world are impacted by difficulties in whether internal or exterior contexts. There’s many two major ways for an organisation to respond to challenges impacting them: either through caving in to demands or by finding methods to manage and improve. This article examines the instance of Honda Company, which was forced to shut its Swindon auto manufacturing, resulting in a major employment loss of about seven thousand people. That company employed 3600 workers, with an estimated 3600 more functioning with its companions who’d be impacted by the company’s shutdown.
The purpose of this study is to determine the key changes drivers influencing Honda Manufacturing, as well as their reactions per each source, with a focus on the closing of the Swindon factory (Dobbs, 2014).
Hondo Automotive Company Ltd. is a Japanese multinational business that produces vehicles, motorbikes, and air compressors. It is advisable to analyse the company’s finances for a proper analysis. During 2018, the statement of cash flows was $10.11 bn, its overall revenue being $147.9 bn, and its profitability was around $8.02 bn. Honda’s 2018 economic state reveals a corporation with a strong financial grade. As a result, the closing of the Swindon factory may not be due to budgetary restrictions. There is a chance that the firm adjusted to the forces at work, which may have a significant role in his choice to close. As previously said, the causes of change may have two primary substantial consequences on any organisation: they may attempt to protect themself from the pressures by considerable regulatory reform, or they may exploit the circumstance through creative practise.
Learning Objectives
Material Includes
- Assignment Brief
- As part of the formal assessment for the programme you are required to submit a Contemporary Management Issues assignment. Please refer to your Student Handbook for full details of the programme assessment scheme and general information on preparing and submitting assignments.
- Learning Outcomes:
- After completing the module, you should be able to:
- 1. 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.
- Assignment Task
- Question 1
- 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 pressure to operate businesses in an ethical and socially responsible manner impacts upon its business decision-making for the future and its operations and assess the effectiveness of its current response/s to that pressure.
- 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.
- (4000 words)
- (100 marks)
- (LOs: 1 - 5)
Target Audience
- Management and Business Studies: To understand strategic decision-making and organizational responses.
- Economics: To grasp the dynamic forces impacting business and society.
- Corporate Strategy: Focusing on effective strategic decision-making.
- Organizational Behavior: To analyze organizational responses to contemporary issues.
- Decision Sciences: To use decision-making tools to address drivers for change.
- Change Management: To understand and manage change within organizations.
- Business Ethics and Corporate Governance: To evaluate ethical considerations and governance issues in modern business environments.
Your Instructors
₹250.00₹1,000.00
Material Includes
- Assignment Brief
- As part of the formal assessment for the programme you are required to submit a Contemporary Management Issues assignment. Please refer to your Student Handbook for full details of the programme assessment scheme and general information on preparing and submitting assignments.
- Learning Outcomes:
- After completing the module, you should be able to:
- 1. 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.
- Assignment Task
- Question 1
- 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 pressure to operate businesses in an ethical and socially responsible manner impacts upon its business decision-making for the future and its operations and assess the effectiveness of its current response/s to that pressure.
- 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.
- (4000 words)
- (100 marks)
- (LOs: 1 - 5)
