Business Operation
FACULTY OF BUSINESS AND ACCOUNTANCY
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DECLARATION BY STUDENTS:
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I certify that this assignment is my own work in my own words. All resources have
been acknowledged and the content has not been previously submitted for
assessment to LINCOLN or elsewhere. I also confirm that I have kept a copy of this
assignment.
Signed:
Haliq
Date:
11/05/2019
CONTINUOUS ASSESSMENT
Program title
Bachelor of Business Administration in Accounting
Module title
Business Organization
Module code
BBA 1313
Words
3000 words (20%) (Excludes references, attachments, graphs,
images, tables and addendums)
Assignment
As communicated on LMS
Deadline
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Assignment
Case study individual assignment
Title
•
Know how a sole proprietorship is set-up and operated
and how partnerships and corporations are created
and operate
Assignment
•
Be familiar with basic concepts of agency laws
•
Recognize how various professional organizations are
Description
created and understand each functions
•
Prepare the paperwork necessary for each of the
business organizations
TASK
InnoTech Holdings Ltd. is a well-established company operating across many
industries such as garment, tea, hotel and healthcare. Since its origin in 1983, its
founding member, Mr. Arjuna Perera has been involving in the company activities.
Arjuna Perera adopts a very friendly style in dealing with people in the organization.
He has a strong vision of creating a peaceful working environment within the
organization. Usually he walks around the workfloor and speaks with employees.
Company’s values of respect for individuals, honesty, empathy, equality and hard work
have been derived from Arjuna Perera over a long period of time. Further, he took a
decision to create few places for employees from different religions to do their religious
activities. He often encourages employees to be united and live together. Therefore, coexistence is a deeply rooted assumption of the company. Employees follow Arjuna
Perera as a good leader and devote enormous love and respect to him.
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However, newly appointed Group Chief Executive Officer (CEO) of InnoTech
Holdings Ltd., Mr. Dinesh Perera follows a different approach when dealing with
employees. He is aggressive and target oriented. He closely studies the subordinates,
rewards the best performers and punishes the poor performers. He has introduced a new
rewards policy saying that it will take the company to a better financial position.
Nevertheless, employees are not satisfied with the new reward policy at all. In the new
reward policy, it addresses only the financial needs of employees whereas it pays no
attention on the other needs of the employees. Mr. Arjuna Perera is also very
disappointed about the new reward policy as he thinks that it may create a threat for the
prevailing healthy working environment in the organization.
Assume that you are running a Business Clinic where Mr. Arjuna Perera seeks your
management consultancy to restore the organizational culture of InnoTech Holdings
Ltd.
Assignment – 02 (1500 words / 10%
Task 02.
Explain why organizational culture is important for operations of InnoTech Holdings
Ltd.
(50 Marks)
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To accomplish your assignment, you will need to:
1. Choose any book or journal article that related to the question. You can choose
any topic in Sri Lankan issues or abroad. While you are reading, sometime you
will find that the opinion or suggestion that you are agree with that. So you can
state your idea or opinion. Opinion and ideas must be based or supported by
references.
2. You might need to read many references and evaluate them before selecting
which ones will be involved in your writing.
3. Thus, you will need to incorporate support from several sources of different
views. This type of assignment requires you to examine a variety of sources and
identify their relationship to your topic.
4. Arrange multiple sources per point to increase your credibility.
5. Follow the following format:
A. The introduction (usually one paragraph)
•
Contains a one-sentence statement that sums up the focus of your topic
or the introduction about the article.
•
Sometimes also provides pertinent background about the general topic
from which the texts are drawn.
B. The body
•
This should be organized by any point or content that you found. Please
do not mix 2 or more point in the one paragraph. Separate it in to
different paragraph. In order to make your explanation become
interesting, you need another extra information that you can get from
the library or another sources.
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Be sure that each paragraph:
1. begins with a sentence or phrase that informs readers of the
topic of the paragraph (a topic sentences);
2. includes information from more than one source; and clearly
indicates which material comes from which source using in-text
citations to avoid plagiarism.
3. shows the similarities or differences between the different
sources in ways that make the paper as informative as possible;
•
Titles and subtitles can be used throughout the essay to emphasis
different issues
C. Conclusion.
•
Remind readers of the most significant themes you have found and the
ways they connect to the overall topic. You may also want to suggest
further research or comment on things that it was not possible for you
to discuss in the paper.
ASSIGNMENT GUIDELINES:
1) Your essay must be supported with 10 – 15 references, and your references must
include both books, journal articles and research. Majority of the references
must be recent (5 years)
2) You must complete your assignment using Microsoft word and Microsoft excel,
if needed.
3) Marks will be deducted from the final assignment mark which is under the word
limit and for grammar, spelling errors and reference errors.
4) Attach your sources, if articles and cover page of a book, and any planner,
mapping and notes that you might have used during doing your assignment.
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5) A hard copy spiral bound document must be submitted and the softcopy of the
assignment should be uploaded to or before the deadline. Students must upload
the softcopy before the hardcopy submission. The submission of hardcopy and
uploading of softcopy must take place on or before midnight 11.59 pm on the
submission day.
6) Uploaded softcopy should be named as BBA-(subject number) (followed by
the Student ID
Example for company Law: BBA-2453- BBA-AC-01-05
7) Students are expected to keep a backup of all the assignments. BIMT and LUC
reserve all the right to recall the soft copy of any assignment at any time during
the course.
8) Please note that plagiarism is treated as a serious offence and therefore the work
you produce must be individual and original although may work in groups in
some instances (Please refer to Student Handbook on Plagiarism & Cheating).
9) All sources of information must be referenced using “Harvard referencing”
where a reference listing should be included at the end of the assignment.
10) Please note that the submission date given for this assignment is the final date
that you can upload the assignment. No late submissions are allowed by the
system. (Please refer to the Student Handbook on Assessments - Late
Submissions).
11) Please refer to Student Handbook on Assignments – Re-submission, mitigating
circumstances procedure.
12) Please include the assignment coversheet in your answer.
REPORT STRUCTURE
▪
Paper Size
: A4
▪
Printing Margins
: LHS; RHS: 1 Inch
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▪
Binding Margin
: ½ Inch
▪
Header and Footer
: 1 Inch
▪
Printing
: Single Sided
▪
Basic Font Size
: 12
▪
Font Style
: Arial/Times New Roman
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Presentation
: Soft copy and Bound Document
Executive Summary
The report elaborates about Organizational culture is a system of shared traditions,
principles, and beliefs, which directs how people act in organizations. Next topics
analysis about types of cultures and analysis in connection with Innotech Holding Ltd
. Finally, the report has been descripts in details of important of organization culture
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Table of Contents
1.
Organization Culture ......................................................................................... 10
2.
Types of Organization Culture .......................................................................... 11
2.1The Clan Culture:.............................................................................................. 11
2.2 The Adhocracy Culture: .................................................................................. 11
2.3 The Market Culture: ........................................................................................ 12
2.4 The Hierarchy Culture: ................................................................................... 12
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3.
Analysis In connection with InnoTech Holdings Ltd ...................................... 12
4.
Important of having Strong one Culture .......................................................... 13
5.
Conclusion ........................................................................................................... 15
6.
Reference ............................................................................................................. 16
1. Organization Culture
Organizational culture is a system of shared traditions, principles, and beliefs, which
directs how people act in organizations. These shared morals have a solid influence on
the individuals in the organization and order how they dress, act, and complete their
jobs. Every organization develops and sustains a unique culture, which provides rules
and borders for the performance of the members of the organization.
In Simple Term, Every company has its own sole character, just like individuals do.
The unique character of an organization is devoted to as its culture. In sets of individuals
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who work together, organizational culture is an imperceptible but influential force that
influences the behavior of the members of that group.
(Mclaughlin, 2019)
Every human presence has certain personality qualities which help them stand apart
from the crowd. No two persons act in a alike way. In the same way organizations have
certain values, policies, rules and guidelines which help them create an image of their
own.
Organization culture denotes to the beliefs and principles of a specific organization.
The culture followed by the organization has a substantial impact on the staffs and their
connection amongst themselves. (forsty, 2018)
2. Types of Organization Culture
2.1The Clan Culture: This culture is fixed in teamwork. Members share unities and
get themselves are part of one big family who are lively and involved. Management
takes the form of mentorship, and the organization is assured by promises and
traditions. The main values are fixed in teamwork, communication and consensus
2.2 The Adhocracy Culture: This culture is based on dynamism and creativity.
Workers are encouraged to take hazards, and leaders are realized as innovators or
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entrepreneurs. The organization is held together by research, with an emphasis on
individual ingenuity and freedom. The core values are based on change and quickness.
2.3 The Market Culture: This culture is made upon the changing aspects of
competition and reaching targeted results. The focus is goal-oriented, with leaders who
are rough and challenging. The organization is combined by a common goal to do
well and beat all rivals. The key value are market share and profitability.
2.4 The Hierarchy Culture: This culture is created on structure and control. The work
atmosphere is official, with strict institutional actions in place for management.
Leadership is based on planned coordination and monitoring, with a culture
emphasizing productivity and predictability.
(Quinn, 2018)
3. Analysis In connection with InnoTech Holdings Ltd
Arjuna Perera adopts a very friendly style in dealing with people in the organization.
He has a strong vision of creating a peaceful working environment within the
organization. Usually he walks around the workfloor and speaks with employees.
Company’s values of respect for individuals, honesty, empathy, equality and hard work
have been derived from Arjuna Perera over a long period of time where he is used to
follow Clan culture style.
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Mr. Dinesh Perera follows a different approach when dealing with employees. He is
aggressive and target oriented. He closely studies the subordinates, rewards the best
performers and punishes the poor performers where he is followed Market Culture.
Any Organization can not savoy with more than two culture where Mr.Arjuna Perera
follows clan style and Mr.Dinesh Perera follows Market culture style. There should be
strong one culture in the organization.
4. Important of having Strong one Culture
The culture chooses the way employees cooperate at their office. A well culture
encourages the employees to stay motivated and loyal in the direction of the
management. Innotech holding wants to develop proper culture system to motive the
employee.
Every organization must have usual rules for the workers to work accordingly. The
culture of an organization characterizes certain predefined policies which guide the
employees and give them a sense of direction at the workplace. There for Innotech want
to assign proper culture policies to provide direction and guild line. Every individual is
strong clear about his roles and tasks in the organization and know how to accomplish
the tasks ahead of the targets. (Cranefield, 2017)
It is the culture of an organization which makes it different from others. The work
culture goes a extended way in creating the brand image of the company. The work
culture gives an uniqueness to the organization. In other words, an organization is
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recognized by its culture. Innotech have to develop unique culture for the organization
to create image in the society.
The organization culture carries all the workers on a common stage. The employees
must be treated similarly and no one should feel mistreated or left out at the office. It is
essential for the employees to correct well in the organization culture for them to bring
their level best. in order to treat equally innotech should unique culture guideline to
rather than in practice of two culture style.
The work culture bonds the employees who are otherwise from different back grounds,
families and have varied arrogances and attitudes. The culture gives the workers a sense
of unity at the workplace. (Moseley, 2016)
Certain organizations follow a culture where all the workers regardless of their
designations have to step into the office on time. Such a culture boosts the employees
to be on time which eventually benefits them in the extended run. It is the culture of the
organization which makes the persons a successful professional.
Every employee is pure clear with his roles and tasks and hard to accomplish the tasks
within the targeted time frame as per the set plans. Execution of policies is never a
problem in organizations where people follow a set philosophy. The new staffs also try
their level best to know the work culture and make the organization a better place to
work. (EMEN, 2017)
The work culture encourages healthy bond amongst the employees. No one treats work
as a burden and moulds himself according to the culture.
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It is the culture of the organization which extracts the greatest out of each team member.
In a culture where management is very specific about the reporting system, the
employees however busy they are would send their reports by end of the day. No one
has to force anyone to work. The culture grows a tradition in the individuals which
makes them successful at the workplace. (Juneja, n.d.)
5. Conclusion
These are just a bit of reasons why organizational philosophy is significant, but they’re
a good initial point to get you thoughtful about what your own organization takes to the
bench. What’s significant at innotech holding might be totally different depending on
the situation.
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So what are your next ladders? Find out what features of your organizational culture
are most significant to your people, and think about execution a culture audit. Your goal
is to learn what your people worth most and support that. Innotech Holding one step
closer to making an unexpected workplace. Key of success is depending on better work
culture.
6. Reference
1) Cranefield, 2017. www.businessessentials.co.za. [Online]
Available at: http://www.businessessentials.co.za/2017/07/27/importanceorganisational-culture/
[Accessed 28 04 2019].
2) EMEN, 2017. www.enmehr.com. [Online]
Available at: https://www.enmehr.com/en/blog/what-is-organizational-cultureand-why-is-it-so-important
[Accessed 28 04 2019].
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3) forsty, C., 2018. www.myaccountingcourse.com. [Online]
Available at: https://blog.hubspot.com/marketing/organizational-culture
[Accessed 28 04 2019].
4) Juneja, P., n.d. www.managementstudyguide.com. [Online]
Available at: https://www.managementstudyguide.com/importance-oforganization-culture.htm
[Accessed 28 04 2019].
5) Mclaughlin, J., 2019. Study.com. [Online]
Available at: https://study.com/academy/lesson/what-is-organizationalculture-definition-characteristics.html
[Accessed 2019 04 28].
6) Moseley, C., 2016. blog.jostle.me. [Online]
Available at: https://blog.jostle.me/blog/why-is-organizational-cultureimportant
[Accessed 28 04 2019].
7) Quinn, R. E., 2018. www.popinnow.com. [Online]
Available at: https://www.popinnow.com/four-types-organizational-culture/
[Accessed 2019 04 28].
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NAME OF STUDENT:
Module:
Program: BA TESL
Code:
Lecturer:
Date / Time
INSTRUCTIONS
The student’s assignment will be evaluated according to the following criteria
Classification
Allocated
Content
40
Knowledge and
Evidence
of Referencing
Presentation
Grammar Full
Understanding
Reading
and Bibliography and Spelling
Marks
36
12
6
100
6
Marks
Excellent
Outstanding
Work
description Excellent
and
discussion
and
of
Knowledge Evidence of reading Excellent
depth
main understanding
issues
of a
of wide
referencing
range
appropriate
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Excellent
presentation,
and logically structured, using
of bibliography (6)
correct
grammar
spelling (6)
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and
material
with principles and concepts supplementary
evidence
(34-36)
sources (12)
of critical evaluation
(37-40)
Detailed description of Knowledge and depth of
(33-36)
Excellent
Work
main
understanding
issues
with
of Appropriate
and principles
material
and concepts (31-33)
evidence
Evidence of reading Accurate
supplementary
referencing
Good presentation logically
and structured,
bibliography (5)
using
correct
grammar and spelling (5)
sources (10)
of
evaluation
Good Quality
Description of main Knowledge and sound
Evidence
issues
directed
and
understanding of the key
material
with principles and concepts reading and some
occasional evidence of (28-30)
supplementary
discussion (29-32)
sources (8)
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of Appropriate
Orderly presentation,
referencing and
competently structured and
Bibliography (4)
acceptable
spelling (4)
19
grammar
and
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Description of main Basic knowledge of the Evidence
Acceptable
issues
key
principles
and directed
and material only (25- concepts only
28)
Adequate
Work
(
reading (6)
and structure, acceptable gram
bibliography (3)
(3)
(25-27)
Weak
main
referencing and
structure,
Bibliography (2)
grammar and spelling (2)
issues
and key
principles
material only
concepts only
(21-24)
(22-24)
of
some Limited
relevant
and
and reading (4)
or Evidence
inconsistent
Limited material
Work)
referencing
Adequate presentation and
Limited description of Adequate knowledge of Limited evidence of Limited
Omission
Fail
of Adequate
minimal
knowledge
(17-20)
understanding
of Inadequate
reading referencing
and only (2)
of
presentation
and
acceptable
Poor presentation, structure,
and grammar and (1)
bibliography (1)
key
principles and concepts
(19-21)
Fail
Insufficient and largely
Little or no evidence of
(Unacceptable
irrelevant material
knowledge
Work)
(0-16)
understanding of the key reading (0)
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Little
or
and evidence
no Little or no
Unacceptable
of referencing and
presentation, grammar (0)
bibliography (0)
20
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principles and concepts
(0-18)
Marks obtain
Overall
Comment:
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