Assignment Task:
Part A – Question 1
For a newly internationalized company, like TAKIMAKI discuss one of the following sets of issues 1-4. The fifth question must be discussed along with the topic you will choose.
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2. Social innovation and networking, (You should undertake an analysis of the social innovation based opportunities that have / might develop for a newly internationalised company, like TAKIMAKI in different sectors (e.g. health and education) over the next 10 years).
3. Sustainability and the potential impact of related issues on the company’s innovation, production and / or logistics functions (You should analyse the sustainability based opportunities that might develop for a newly internationalised company, like TAKIMAKI over the next 10 years and evaluate the potential impact of these on the company’s innovation, production and / or logistics functions).
4. Corporate social responsibility, including 5 key CSR related issues, Pyramid of CSR etc. (You should Evaluate the issue of Corporate Social Responsibility using the “pyramid of CSR framework” and analyse 5 key CSR related issues or factors that you think a newly internationalised company, like TAKIMAKI should focus on as an international business over the next 10 years).
5. Using the relevant framework (e.g. identify the economic, social and / or environmental aspects of the issues chosen, what objectives / strategies an internationalised company might therefore set, and how it would measure success in meeting these objectives / of these strategies. (You should critically discuss the problems that international companies may face, when they have multiple objectives (considering economic, social and / or environmental aspects) and the use of the balanced scorecard approach for making strategic decisions).
Advice:
The question should be split, broadly as follows:
1. Introduction (including the choice of issue and why is it important) – (10 lines)
2. Describing and discussing the provided topic in terms of economic, social and / or environmental factors – (40-60 lines)
3. The range of objectives and strategies the firm might set itself to meet because of these issues (e.g. profit maximization, sales maximization, growth maximization, sustainability, corporate social responsibility etc. Also, how it might balance the different objectives (e.g. balanced scorecard approach, triple bottom line, etc. (30-60 lines)
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