MSc Management BUSINESS REPORT Assignment Sample
Introduction
Each and every sector of a specific business has their own sets of challenges and demands. Some of the specific challenges are highly common among various organisations and companies.
The current assessment includes an evaluation of issues inside a company that can help them to take appropriate measures to maintain top quality relationships with their customers. The study also includes an analysis of the specific impact of research on stakeholders. This can help to outline important stakeholders according to the needs of a specific project.
Challenges
There are many challenges that a business faces such as preserving a good brand revolution or meeting customer needs. Maintaining proper customer relationships in a business includes meeting potential customer needs by being aware of what the customer is trying to get (Gil-Gomez et al. 2021). http://MSc Management BUSINESS REPORT Assignment Sample
This also includes preserving a good reputation by being aware and responsive. In addition to that, employees trying to switch jobs for which business organisations are required to implement appropriate strategies to retain them are required to provide a competitive salary that can make the employees feel valuable.
One such important challenge that the chosen organisation Unilever faces is destruction throughout their supply chain. After the emergence of pandemic most of the retailers had been going through disruption throughout their supply chain that has been causing disturbance throughout their production and sales of their products (Shanker et al. 2022). http://MSc Management BUSINESS REPORT Assignment Sample
Supply chain disruption can be considered to be as an event that causes disturbance in the chain of production or selling and distribution of products. It has specifically included regional conflicts, pandemics and natural disasters.
Unilever is an organisation which produces British multinational consumer goods. The company has its headquarters in London.
Products of Unilever include condiments, cleaning agents, beauty products, food, ice cream and personal care. Unilever includes at present 149,000 employees in the global context (Karatas, 2021).http://MSc Management BUSINESS REPORT Assignment Sample Strategies of Unilever includes to create a sustainable leaving a common place.
The organisation is constantly keeping its focus for a sustainable growth of their business that can provide benefits to the society. There has been an emergence of labour issues throughout the supply chain of Unilever. Inside the organisation more than half of the suppliers had been negative regarding labour standards of Unilever. In fact employees had been provided low wages with excessive working hours within a risky condition.
Purpose of the report
The main purpose of the report is to identify the issues that the chosen organisation is facing. Unilever had been facing supply chain issues for which the organisation had continued to take initiative regarding integration of labour and human rights on local and global level (Verbrugge, 2021).http://MSc Management BUSINESS REPORT Assignment Sample
Further the organisation has been trying to implement strategies that can align that business process with policies and business models for delivery higher quality of jobs for its employees. This can help them to minimise loads of work by paying them with an appropriate wage.
Further the purpose of the report States about implementation of appropriate supply chain management. This can help in management of production along with inventory costs. Implementation of supply chain management can enhance collaboration with suppliers.
Working with suppliers can also initiate quality control problems that are required to be detected earlier. Supply chain management increases a higher quality control that can include benefits of trust in supplier relationships (Banerjee et al. 2021). http://MSc Management BUSINESS REPORT Assignment SampleIt further improves mitigation of risks on supply chain issues.
Supply chain Management in an Organisation is also provided with visibility of specific applied chain issues from end to end. It also increases a stronger cash flow by maintenance of stock control and quality.
Stakeholder analysis
The stakeholder analysis can be considered as a process in which identification of people who is interested inside a project. It includes grouping them according to the level of the interest and participation.
Analysis of stakeholder helps an organisation to get projects into shape. Stakeholder analysis further includes and outlining the important stakeholders according to the needs for the project.
This is important as it provides a clear understanding of each stakeholder along with what they are expecting from the starting of the project. The important stakeholders of Unilever include their employees, consumers, shareholders and government.
Unilever allows their employees to share their views with the organisation. As of now it includes more than 100 countries with their own employees. To keep their employees informed and engaged as an important strategy Unilever also holds compass life events.
This includes inviting important senior leaders across their organisation that can engage and inform the employees regarding the strategy and progress inside a particular.
Consumers as a part of stakeholder in Unilever have been another important aspect of the organisation. Their business has been constantly trying to meet the evolving needs of potential consumers. For that they had been researching regarding consumers from their business partners to regular panels and service.
Shareholders being a part of stakeholder of Unilever have been including effective communication. Unilever has been including direct and radical communication with their shareholders through quarterly broadcasts and presentations inside conferences (Aykut et al. 2022).http://MSc Management BUSINESS REPORT Assignment Sample
They are also informed about specific business ideas through meetings and regular calls. This includes various aspects of their business performance along with consumer trends. Unilever further had been working directly with the government along with legislature Street associations.
This helped the company to develop laws and regulations that impacted their businesses. Unilever further had been keeping themselves in policy discussions on a global context and issues that change climate. This also included detailed subjects and issues such as safety of products and maintaining quality standards.
Conclusion
A business is required to invest for their suppliers that can help them to increase their business opportunities. A good supply chain helps to adapt towards high opportunities that can also have to run an efficient supply chain.
The current assessment includes an evaluation of supply chain issues of the chosen organisation. It also includes an evaluation of stakeholder analysis. Stakeholder analysis helps in anticipating potential problems.
Further appropriate implementation of supply chain management this can help in improving risk mitigation along with a proper supply chain management. It can further include manufacturing and logistics along with appropriate distribution of services and quality products.
References
Aykut, S.C., Pavenstädt, C.N., Datchoua-Tirvaudey, A., D’Amico, E., Braun, M., Hinks, E.K., Schenuit, F., Wilkens, J. and Rödder, S., (2022). Circles of Global Climate Governance. Center for Sustainable Science Research Working Paper No.
Banerjee, A., Lücker, F. and Ries, J.M., (2021). An empirical analysis of suppliers’ trade-off behaviour in adopting digital supply chain financing solutions. International Journal of Operations & Production Management, 41(4), pp.313-335.
Gil-Gomez, H., Guerola-Navarro, V., Oltra-Badenes, R. and Lozano-Quilis, J.A., (2020). Customer relationship management: digital transformation and sustainable business model innovation. Economic research-Ekonomska istraživanja, 33(1), pp.2733-2750.
Karatas, B., (2021). The Project of Development of Human Resource Management System for a Chosen Company.
Shanker, S., Barve, A., Muduli, K., Kumar, A., Garza-Reyes, J.A. and Joshi, S., (2022). Enhancing resiliency of perishable product supply chains in the context of the COVID-19 outbreak. International Journal of Logistics Research and Applications, 25(9), pp.1219-1243.
Verbrugge, B., (2021). Short is beautiful? Value chains and human rights in a (post-) pandemic world.
