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COMPETENCIES 3083.1.1 : Integrated Business Skills The graduate applies the comp

by | Aug 5, 2022 | Business | 0 comments

 

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COMPETENCIES 3083.1.1 : Integrated Business Skills The graduate applies the competencies from across the business core curriculum, demonstrating the ability to lead the implementation of the mission, strategy, and goals of an organization. INTRODUCTION In this task, you will provide evidence of successful completion of the Marketplace Simulations business simulation and produce a written report analyzing the performance of your simulated business. Note: This task must not be attempted until you have already completed the business simulation with a final cumulative total performance score of .001 or higher. You must pass this task before attempting Task 2 of this performance assessment. SCENARIO You are responsible for overseeing a bicycle start-up company. You led this company through its first six quarters, making strategic and tactical decisions to create a successful business in a competitive marketplace. As a leader in your business, you are responsible for reporting to other stakeholders about the performance of your business during its first six quarters. Your report will provide a detailed overview of the financial performance of the business. It should provide a data-driven analysis of your business decisions and the outcomes of those decisions. REQUIREMENTS Your submission must be your original work. No more than a combined total of 30% of the submission and no more than a 10% match to any one individual source can be directly quoted or closely paraphrased from sources, even if cited correctly. The similarity report that is provided when you submit your task can be used as a guide. You must use the rubric to direct the creation of your submission because it provides detailed criteria that will be used to evaluate your work. Each requirement below may be evaluated by more than one rubric aspect. The rubric aspect titles may contain hyperlinks to relevant portions of the course. Tasks may not be submitted as cloud links, such as links to Google Docs, Google Slides, OneDrive, etc., unless specified in the task requirements. All other submissions must be file types that are uploaded and submitted as attachments (e.g., .docx, .pdf, .ppt). A. Submit a spreadsheet exported from the Marketplace Simulations business simulation that contains your final (i.e., Quarter 6) cumulative balanced scorecard report in the simulation with a cumulative total performance score of 0.001 or higher. Note: Your final (i.e., Quarter 6) cumulative balanced scorecard can be accessed using the “Final Cumulative Balanced Scorecard” link in the Web Links section below. Follow the link, then click the “Export” icon in the upper right-hand corner of the page to export the spreadsheet. Ensure the spreadsheet contains a tab titled “Verification Details.” Save the spreadsheet, then upload it unaltered to this task. B. Upload the final (i.e., covering Quarters 1–6) income statement and final (i.e., covering Quarters 1–6) balance sheet in two separate, unaltered spreadsheets exported from the business simulation with a verification link included in each spreadsheet. Note: The correct income statement and balance sheet can be accessed using the “Final Income Statement” and “Final Balance Sheet” links in the Web Links section below. You must be in Quarter 7 to view the final income statement and final balance sheet, which include data for Quarters 1–6. Click on the “Export” icon in the upper right-hand portion of the appropriate page to download each spreadsheet. The verification details will be contained within each spreadsheet that you export from the simulation in a tab titled “Verification Details.” C. Prepare a written report in which you do the following: Note: It is recommended that you use the attached “Business Performance Report Template” to structure this report. 1. Describe your business briefly, including information about the locations of sales outlets, the products you produce, and how your products are manufactured. 2. Select three different topics from the following list: • marketing (advertising and internet marketing) • store expenses and sales force • pricing (including rebates) • research and development • use of loans and cash a. For each selected topic in part C2, identify a specific decision from the simulation that relates to the chosen topic and explain why you made the decision. b. For each selected topic in part C2, use supporting data from the final income statement or final balance sheet to explain how each decision affected your company’s financial performance, using the following criteria to cite data: • For decisions related to marketing, store expenses and sales force, and research and development, cite data from the “Expenses” portion of the income statement. • For decisions related to pricing (including rebates), cite data from the “Gross Profit” or “Revenue” portion of the income statement. • For decisions related to use of loans and cash, cite data from the “Debt and/or Cash” portion of the balance sheet and/or the “Expenses and Profitability” section of the income statement. 3. Describe how one business decision you made in the business simulation would have an ethical implication if the simulated business were a real-world business. Focus on at least one of the following topics in your explanation: • socially responsible business practices • fair business practices • rights and well-being of workers • rights of customers and other stakeholders • diversity of the workforce • compliance with laws, regulations, and reporting requirements Note: The business decision described in part C3 can be one of the decisions identified in part C2 or a different decision from the simulation. These topics have been covered in previous business courses in your degree program. External research is not required. You can access your simulation using the provided “Marketplace Simulations (General)” web link. D. Acknowledge sources, using in-text citations and references, for content that is quoted, paraphrased, or summarized. E. Demonstrate professional communication in the content and presentation of your submission. File Restrictions File name may contain only letters, numbers, spaces, and these symbols: ! – _ . * ‘ ( ) File size limit: 200 MB File types allowed: doc, docx, rtf, xls, xlsx, ppt, pptx, odt, pdf, txt, qt, mov, mpg, avi, mp3, wav, mp4, wma, flv, asf, mpeg, wmv, m4v, svg, tif, tiff, jpeg, jpg, gif, png, zip, rar, tar, 7z RUBRIC A:CUMULATIVE BALANCED SCORECARD NOT EVIDENT A spreadsheet exported from the business simulation is not provided. APPROACHING COMPETENCE The spreadsheet exported from the business simulation does not contain the final cumulative balanced scorecard and verification details, or the cumulative total performance score is not at or above the minimum score of 0.001. COMPETENT The spreadsheet exported from the business simulation contains the final cumulative balanced scorecard and verification details, and the cumulative total performance score is at or above the minimum score of 0.001. B:FINANCIAL STATEMENTS NOT EVIDENT Neither the final income statement nor the final balance sheet is provided. APPROACHING COMPETENCE Either the final income statement or final balance sheet is not provided as part of 2 separate, unaltered spreadsheets, or a verification link is not provided in each submitted spreadsheet, or the final income statement or final balance sheet are incomplete. COMPETENT The complete final income statement and final balance sheet are provided in 2 separate, unaltered spreadsheets with a verification link in each spreadsheet. C1:BUSINESS OVERVIEW NOT EVIDENT The submission does not describe the business from the simulation. APPROACHING COMPETENCE The submission provides a description of the business, but the description is not accurately based on the business in the simulation, or the description of the sales outlet locations, the products produced, or how the product is manufactured is not accurate or is incomplete. COMPETENT The submission provides a description of the business that is accurately based on the business in the simulation, including information about the sales outlet locations, the products produced, and how the product is manufactured. C2:BUSINESS DECISIONS NOT EVIDENT The submission does not identify 3 topics. APPROACHING COMPETENCE The submission identifies 3 topics; however, 1 or more topics identified are not from the given list. COMPETENT The submission identifies 3 topics from the given list. C2A:BUSINESS DECISION OUTCOMES NOT EVIDENT The submission does not identify a business decision from the simulation for each of the three selected topics in part C2. APPROACHING COMPETENCE The submission identifies a business decision from the simulation for each of the three selected topics in part C2, but 1 or more of the business decisions do not relate to the topics in part C2. Or the submission does not logically explain why each decision was made. COMPETENT The submission identifies a business decision from the simulation that relates to each of the three selected topics in part C2 and logically explains why each decision was made. C2B:RELEVANT DATA NOT EVIDENT The submission does not explain the financial effect of the decision for each of the three selected topics from part C2 or the submission does not provide any specific financial data from the verifiable final income statement or final balance sheet provided in part B. APPROACHING COMPETENCE The submission explains the financial effect of the decision for each of the three selected topics in part C2, but 1 or more of the financial data citations are not from the verifiable final income statement or final balance sheet provided in part B or do not use the given citation criteria. Or the supporting financial data is inaccurate or not relevant. COMPETENT The submission explains the financial effect of the decision for each of the three selected topics in part C2 and provides at least 1 citation of relevant financial data from the verifiable final income statement or final balance sheet provided in part B to support the explanation using the given citation criteria. C3:ETHICAL BUSINESS DECISIONS NOT EVIDENT The submission does not describe a decision made in the simulation. APPROACHING COMPETENCE The submission describes a business decision made in the simulation, but an explanation of an ethical implication of the decision if the business were real is not provided, is not logical, or is not based on the provided simulation, or the explanation of an ethical implication does not focus on at least 1 of the provided topics. Or the explanation is not supported by relevant information from the simulation. COMPETENT The submission describes a business decision made in the simulation and logically explains an ethical implication of the business decision if the business were real, focusing on at least 1 of the provided topics. The explanation is supported by relevant information from the simulation. D:SOURCES NOT EVIDENT The submission does not include both in-text citations and a reference list for sources that are quoted, paraphrased, or summarized. APPROACHING COMPETENCE The submission includes in-text citations for sources that are quoted, paraphrased, or summarized and a reference list; however, the citations or reference list is incomplete or inaccurate. COMPETENT The submission includes in-text citations for sources that are properly quoted, paraphrased, or summarized and a reference list that accurately identifies the author, date, title, and source location as available. E:PROFESSIONAL COMMUNICATION NOT EVIDENT Content is unstructured, is disjointed, or contains pervasive errors in mechanics, usage, or grammar. Vocabulary or tone is unprofessional or distracts from the topic. APPROACHING COMPETENCE Content is poorly organized, is difficult to follow, or contains errors in mechanics, usage, or grammar that cause confusion. Terminology is misused or ineffective. COMPETENT Content reflects attention to detail, is organized, and focuses on the main ideas as prescribed in the task or chosen by the candidate. Terminology is pertinent, is used correctly, and effectively conveys the intended meaning. Mechanics, usage, and grammar promote accurate interpretation and understanding.

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