OP700101 Bachelor of Business level 7 Assignment Sample

This is the assignment sample of the OP700101 Bachelor of Business assignment.

This qualification will help you get a job in the business world. You might also be able to get a job as an upper manager.

In order to get a competitive edge, this internationally recognized Bachelor of Business degree is perfect because it allows people to have more options when they choose their major or for future work. There are no specific course requirements so you can do what you want.

Assignment Solution Of "OP700101 Bachelor of Business"

The course handed out a few assignments that are important to develop skills from this class. One of them was completing your group project, do research on the business world and then write up an executive summary for your company's proposal.

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Assignment Activity 1. strong interpersonal communication and influencing skills

Some people have skills that are called interpersonal communication and influencing. They can use these skills to make someone trust them or to get information from someone else.

These skills would be helpful when a person is mentoring or addressing the needs of others.

Having this skill will help you deal with problems. This way you can come to an agreement on how to handle them without fighting or arguing.

You will also have control over the situation so that you choose what happens instead of being led by someone else's style before you have time to think it through.

It is good to learn how to build trust with people and be aware of their communication styles. If you are in a position where it is beneficial for you to influence others, try understanding that people have different emotional needs.

Most people need praise. They also need a way to feel good about themselves. Some people use different methods than you do, so it is important for you to be open-minded and try to lead the person in ways that work for them.

Assignment Activity 2. Understand a variety of business concepts, processes, and procedures relevant to public and private organizations

To understand business, you must know the basics of markets. In a market, there is supply and demand. This causes an equilibrium that creates conditions for fair competition and prices to be set by buyers and sellers. The four things you need to remember are:

1. Historical pricing patterns
2. Product differentiation
3. Who has power in the negotiating process?
4. Is there imperfect information shared by both parties?

It is difficult to achieve equilibrium in a particular market. This happens because of things that are outside your control, like what people expect the quality of the product or service to be, and if cheaper alternatives are available.

Understanding how these external factors work can help you predict pricing behavior and make sense of complicated things. This is important for any business!

Understand different business processes in depth. Use simple keywords like "purchase order"; "warehouse"; and "receipt", to help define what your readers will be looking for.

Purchasing creates a need for products that invoke the work of a company's warehouse, which in turn employs a receiving clerk who is responsible for picking out shipments upon arrival.

Lots of people are involved when you buy something. They all have a responsibility. There are many opportunities to learn about these responsibilities and how they work together, for example by having the reader learn about shipping and warehousing.

Public and private companies are different. Public companies don't keep their financial information secret, but private companies do. So it's not a good idea to invest in a company that doesn't share its financial information, even if you have more control over the company.

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Assignment Activity 3. critically evaluate the international

World economies are connected and work together. Economies in different countries have their own laws, trade, diplomacy, and finance. The economic world is a complicated place where all of it works together.

Since 2008, there have been crises in the world economy. They range from recessions to a meltdown of banking systems on Wall Street and food riots everywhere from Cairo, Egypt to Bangkok, Thailand. We need to put globalization into context because it has both good points and bad points.

Looking at the international business from a strategic perspective can help you identify some of the hurdles you might encounter if you wanted to start an international business. You should also know how these businesses began and how they operate today.

For example, tariffs

Assignment Activity 4. cross-cultural, economic, social, and legal environments within business functions

Cross-Cultural Economic, Social and Legal Environment Within Business is a very big topic that can cover many other topics. These topics are things like having different taxes in different countries and the rights of indigenous people.

There are also labor laws to consider that differ from country to country. Clearly then it is not easy to answer this question so I will offer my thoughts based on how these issues affect our business.

When you are doing cross-cultural work, there are many factors that will affect the success of your investment.

For example, if you have access to good railroads and waterways, then this is a good thing to have. If you don't have these things available, then it's hard for people in your country to export their products.

You also want to make sure that people in your country can afford to buy the product (in other countries). This is why US workers get paid more because they need a lot of money for these products.

Governments can influence both local wage levels and access to markets so it is critical that these factors at least be considered as part of a holistic analysis before going forward with an investment initiative.

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Assignment Activity 5. Anticipate, adapt to and promote changes important to a business

Anticipate change is being aware of changes that will happen and adapt to those changes. Adapting to future changes not only prepares you but also promotes the chance for survival of your business as well.

Promote change is having often deliberate strategies on how to ensure your transformation happens.

You can't anticipate or adapt if you don't have a plan or strategy in place, so knowing what needs to be produced before the promotion begins is very important especially when major transformations are planned like an acquisition of a new company.

Immigration laws and regulations constantly change so even adapting might mean that some members have work visas running out adding them at risk for deportation from the US without a green card? Is this compliant with immigration rules?

How can you anticipate and promote that you need to change certain systems to make your business global?

That's what this assignment is about. How can we prepare ourselves for changes we have never experienced before, how can we be adaptive when those changes happen and how do we ensure those changes will not destroy but make our company stronger.

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