2015-2016 IB Business Management SL Internal Assessment/Written Commentary “The internal assessment is a written commentary that comments on a question based on a problem or issue of a single business organization.” Steps to a painless internal assessment! Your IA/Written Commentary must analyze: A specific strategy that has been implemented By a selected company To solve a problem or address an issue The strategy must be: Specific Real (not hypothetical) Tools/Theory: Are an absolute necessity Must be integrated as points to reinforce your commentary The maximum number of words for the written commentary is 1,500…counted from the introduction through the conclusion!! First Important Date January 8, 2016. Assignment #1 Area Business Organizations Marketing Human Resources Accounting (Two companies/One article for each & proposed IA title questions) *Two companies needed in case of overlap with another student Business Tool/Theory Organizational Objectives Corporate Social Responsibilities (CSR) SWOT STEEPLE Growth (Internal/External) Ansoff’s Matrix Globalization Marketing Mix Product Life Cycle Boston Matrix Product Positioning Map Promotional Pricing (above-the-line & below-the line) Branding Pricing Policies Channels of Distribution Motivational Theories Leadership Style Communication Motivation—Financial &/or Non-financial Sources of Finance Ratio Analysis Internal Assessment -- Question Assignment #1 Name _________________________________________ Due Date January 8, 2016 (turn in sheet with 2 articles) Written commentary must focus on a strategy the company is currently implementing to address a specific problem/issue. Example: Example Article Title: Starbucks Goes Blonde to Seduce McDonald’s Customers Company: Starbucks Proposed Title (framed as question) Strategy: Add to product mix to compete with McDonald’s Will Starbucks new blonde roast increase their market share? Reason I find this topic interesting/relevant: I drink Starbucks every day and am curious to know whether adding this milder roast will appeal to McDonald’s customers (who typically pay less and eat different food for breakfast!) Article #1 Title: _____________________________________________________________________________ Company: ___________________________ Strategy: ______________________________________________ Proposed Title (framed as question): ___________________________________________________________ Reason I find this topic interesting/relevant: _____________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ Article #2Title: _____________________________________________________________________________ Company: ___________________________ Strategy: ______________________________________________ Proposed Title (framed as question): ___________________________________________________________ Reason I find this topic interesting/relevant: _____________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ Internal Assessment – Resources & Analysis Tools Selection Assignment #2 Due Date January 15, 2016 (turn in sheets with 5 articles) Topic Question: 5 pts. State your proposed title question. Article Selection Criteria: 5 pts. Select (& print) three to five sources which address your topic. Relevant articles may address: business strategy implemented, company history, items impacted the industry as a whole, etc. Articles should provide varying views (pro/con, positive/negative, etc.) 10 pts. Describe how each of the articles provides information that will help you complete your business tools and/or answer your topic question. Business Tools, Techniques, & Theories 10 pts. Select (minimum) three business tools to use as the basis for your analysis. You CANNOT use both SWOT & PEST! 10 pts. State how each of the tools selected will assist you in answering your IA topic question. Business Tools/Theories Area Business Organizations Marketing Human Resources Accounting Business Tool/Theory Organizational Objectives Corporate Social Responsibilities (CSR) SWOT PEST Growth (Internal/External) Ansoff’s Matrix Globalization Marketing Mix Product Life Cycle Boston Matrix Product Positioning Map Promotional Pricing (above-the-line & below-the line)s Branding Pricing Policies Channels of Distribution Motivational Theories Leadership Style Communication Motivation—Financial &/or Non-financial Sources of Finance Ratio Analysis IA – Resources & Analysis Tools Selection Assignment #2 Name __________________________________________ Due Date January 15, 2016 (turn in sheets with 5 articles) Proposed Title Question: _____________________________________________________________________ _________________________________________________________________________________________ Remember proper question phrasing…Method, Problem, Aim or Expected Result! Would non-monetary motivation methods reduce industrial relations problems to improve labor productivity at XXX Company? Article #1 Title: _____________________________________________________________________________________ Source: ___________________________________________________________________________________ Website: __________________________________________________________________________________ Date of Article: _______________________________ Date Sourced: ______________________________ Relevant Information from Article: __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ IA – Resources & Analysis Tools Selection Assignment #2 Name __________________________________________ Due Date January 15, 2016 (turn in sheets with 5 articles) Article #2 Title: _____________________________________________________________________________________ Source: ___________________________________________________________________________________ Website: __________________________________________________________________________________ Date of Article: _______________________________ Date Sourced: ______________________________ Relevant Information from Article: __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ Article #3 Title: _____________________________________________________________________________________ Source: ___________________________________________________________________________________ Website: __________________________________________________________________________________ Date of Article: _______________________________ Date Sourced: ______________________________ Relevant Information from Article: __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ IA – Resources & Analysis Tools Selection Assignment #2 Name __________________________________________ Due Date January 15, 2016 (turn in sheets with 5 articles) Article #4 Title: _____________________________________________________________________________________ Source: ___________________________________________________________________________________ Website: __________________________________________________________________________________ Date of Article: _______________________________ Date Sourced: ______________________________ Relevant Information from Article: __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ Article #5 Title: _____________________________________________________________________________________ Source: ___________________________________________________________________________________ Website: __________________________________________________________________________________ Date of Article: _______________________________ Date Sourced: ______________________________ Relevant Information from Article: __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ IA – Resources & Analysis Tools Selection Assignment #2 Name __________________________________________ Due Date January 15, 2016 (turn in sheets with 5 articles) Business Tools/Theories Business Tool/Theory #1: ____________________________________________________________________ How will this tool/theory assist you in answering your IA topic question: _______________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ Business Tool/Theory #2: ____________________________________________________________________ How will this tool/theory assist you in answering your IA topic question: _______________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ Business Tool/Theory #3: ____________________________________________________________________ How will this tool/theory assist you in answering your IA topic question: ______________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ __________________________________________________________________________________________ DO NOT FORGET TO ATTACH A COPY OF YOUR ARTICLES TO THIS PACKET!! Rough Draft – Due date Friday, February 12, 2016 Late papers will not be reviewed prior to final draft! You will be graded on format – please follow instructions below and in the IA Guidebook! Title Page o IB Business and Management o Internal Assessment o Topic Question o Candidate Name o Candidate Number (004872-[your number]) o Date o Word Count o Declaration with signature Page layout o One-inch margins o Double spaced 12 FONT!!! o Indent Paragraphs o Number each page Table of Contents Acknowledgement (if you conducted an interview) BODY OF REPORT, EACH SECTION STARTED ON A SEPARATE PAGE!! Introduction o Brief introduction of the company o Brief introduction to the Topic Question o Description of Methodology (3 tools/theories used) o List the titles only of your five main Source Documents Main Findings and Analysis o Source #1 – Summary of Article o Source #2 – Summary of Article o Source #3 – Summary of Article o Business tool/theory #1 and analysis o Business tool/theory #2 and analysis o Business tool/theory #3 and analysis Conclusion (based on tools—NO NEW INFORMATION!!) o Conclusion #1 and opinion o Conclusion #2 and opinion o Conclusion #3 and opinion Bibliography (in-text citations preferably MLS format) Appendices (each one labeled) Copy of each of the five source document HIGHLIGHTED FINAL REPORT IS DUE TO ME AT THE END OF CLASS ON MARCH 4, 2016