Principles of Business Management

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Weekly Assignments* Content week 3

  

This assignment has 3 parts; please submit all parts on 1 file (it should take around 2 to 3 pages total)

Part 1 - Chapter 4 on the essentials of planning and strategy explains what a SWOT Analysis is. Choose a company from the Fortune 500 (http://fortune.com/fortune500/list/) of your choice, research the company and create a SWOT Analysis for them.

Part 2 - After reading Chapter 5 on decision making, creativity, and innovation; think of the kinds of issues that are arising in your simulation game; think of hypothetical examples of real situations that could arise in a real coffee shop and write about solutions you may implement if you were able to.

Part 3 - Chapter 7 is on Job Design and arranging work. In your own words; explain the difference between Job involvement, Job enlargement, and Job rotation? What is the difference between Job enrichment and job enlargement?

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