ASSIGNMENT – BMST5103 JANUARY SEMESTER 2012 STRATEGIC MANAGEMENT – BMST5103 ASSIGNMENT (50%) Before an organisation can begin its strategy formulation process, it must scan the external environment to identify possible opportunities and threats, and its internal environment for strengths and weaknesses. This is known as environmental scanning. a. An external strategic management audit or environmental scan reveals key opportunities and threats confronting an organisation so that decision-makers can formulate strategies to take advantage of the opportunities and avoid or reduce the impact of threats. What are the key external forces that need to be audited? Why is it important for strategic decision-makers to conduct an external management audit? (15%) b. An industry analysis focuses on identifying and evaluating trends, forces, and events beyond the control of a single firm. What are the factors that determine the level of competitive intensity in an industry? Why is it important to determine the level of competitive intensity in an industry? Select ONE specific industry or economic sector such as automobile, telecommunications or banking to illustrate your discussion. (15%) c. Select ONE public listed company, either local or international, from the following list of companies: i) PETRONAS, MAYBANK, CIMB, PUBLIC BANK, SIME DARBY GROUP, AIR ASIA, MAS, KPJ, PERODUA, PROTON, MAXIS, MISC, TENAGA, TM, IOI CORP, GENTING, DIGI, NAZA GROUP, ASTRO, & YTL Group. ii) APPLE, MICROSOFT, GE, 3M, IBM, GOOGLE, P&G, WAL-MART STORES, eBay, INTEL, AMAZON, STARBUCKS, HP, and DELL. iii) IKEA, NOKIA, VIRGIN, SONY, SAMSUNG, TOYOTA and SIA. With the aid of a diagram, conduct a SWOT analysis of the selected company. Critically examine each item of the SWOT analysis. Based on the SWOT analysis, discuss the key problems and issues that need to be addressed, and make recommendations to the company for further improving its corporate performance. (20%) 1 ASSIGNMENT – BMST5103 Guidelines for Assignment 1. Read the questions carefully. Answer to the requirements of the questions. 2. Use sub-headers where necessary to highlight key themes or concepts. 3. Your topic must be discussed in the context of Strategic Management. 4. Assessment criteria: Merit will be given to richness of related content, clear and logical presentation, high level of critical analysis, critical analysis, implications, balanced views, relevant cross-referencing of concepts, models or theories, and original and/or creative ideas, relevant examples, illustrations, computed tables, and diagrams. 5. This assignment should contain about 3,000-5,000 words (15-20 pages). a. Including tables, figures, diagrams, graphs, illustrations and references. b. Please specify the total number of words written. 6. Your assignment should be typed on A4 paper using 12 pt Times New Roman and 1.5 spacing. 7. Provide references. References should use the American Psychological Association (APA) format. References should be latest (year 2005 and onwards) 8. Binding of assignment is desired. You are to submit a softcopy of your assignment online through myVLE and a hardcopy to your facilitator. 9. Date of submission: Assignments should be submitted according to the fixed date as specified by CGS, OUM. Late submissions will be penalised accordingly. 10. Plagiarism is not acceptable. Plagiarised assignment will be rejected. If you are not sure what is meant by plagiarism, refer to the various websites which discuss this matter, e.g. owl.english.purdue.edu/handouts. 2 ASSIGNMENT – BMST5103 Suggested Assignment Outline A1 A2 Content/Headings Introduction Key external forces Sub-headers (Optional) A3 Importance A4 B1 B2 B3 C1 C2 Conclusion Industrial analysis Importance Conclusion Introduction SWOT analysis C3 Problems and Issues C4 Recommendations C5 Conclusion Key external forces Pestle Model Pest Mode Implications / Critical analysis Discussion of the Five-Force Model Implications/ critical analysis Discussion of each item Summary with a diagram Discuss the key problems and issues that need to be addressed Make recommendations to the company for further improving its corporate performance Implications/ critical analysis END OF ASSIGNMENT QUESTION AND GUIDELINES FOR ASSIGNMENT 3