BSB 105 A1 Oto Dunbar
.docx
keyboard_arrow_up
School
Queensland University of Technology *
*We aren’t endorsed by this school
Course
105
Subject
Business
Date
May 23, 2024
Type
docx
Pages
14
Uploaded by PrivateBatMaster1132
BSB 105 A1: SCENARIO REPORT
1
CONTENTS
Introdcution
..............................................................................................................................................................
2
Scenario Planning Method
.......................................................................................................................................
2
Scenarios
..................................................................................................................................................................
4
Scenario 1
.............................................................................................................................................................
4
Scenario 2
.............................................................................................................................................................
5
Scenario 3
.............................................................................................................................................................
5
Scenario 4
.............................................................................................................................................................
5
Conclusion
................................................................................................................................................................
5
References
................................................................................................................................................................
6
Appendix
..................................................................................................................................................................
7
Business Trends
....................................................................................................................................................
7
Technology Trends
...............................................................................................................................................
8
Social Trends
......................................................................................................................................................
10
2
INTRODCUTION
Queensland cricket is the governing body of cricket in Queensland, Australia. They help police, run and in some instances, fund programs and clubs that give athletes of all ages the ability to participate in the game of cricket. They are looking at expanding their influence and participation among junior cricketers in Queensland. The purpose of this report is to identify trends in the industry and use these to help forecast future scenarios to allow for proper preparation and development of framework to resolve these issues. To accomplish this the use of the scenario planning method will be carried out. SCENARIO PLANNING METHOD
Scenario planning is a three-step process that many companies and firms employ to identify trends in their industry and predict future scenarios that may arise. An example of this is covid-19, if all companies had utilised scenario planning, they would have identified the risk of an event such as this
and put in place a framework to find a solution. The first step involves establishing and breaking down the key question. In this situation the key question is, how might QLD Cricket use intelligent digital, technological, and other innovative solutions to grow junior participation across QLD? With the question established, two key business, social and technology trends have been found that relate the most to the issue and have the biggest impact on the client. These are then put into the prioritization matrix that can be seen below in accordance with their business impact and the level of uncertainty. Busines
s
Impact
-
Due to low funding for junior sports clubs, they are increasing
their promotion of unhealthy products in junior programs. (Business Trend)
-
Revenue in Australian e-sports is expected to show an annual growth rate of 7.79%. (Business Trend)
-
Young females tend to move away from competitive and organized sports to more casual, non-
competitive forms due to study pressures and lack of energy time. (Social Trend)
-
3D printing is increasing its hold on the equipment market in sports with strides being taken in the development of headgear, shoes, etc. (Technology Trend) -
Use of technology, mainly phones, is set to increase with just 19% of youth aged 5 – 17 getting the recommended 60 hours of physical activity while also spending 2 – 3 hours on various electronic devices. (Technology Trend)
-
The rise of dual-income families has reduced leisure time and increased transport barriers for children. (Social Trend)
Level of Uncertainty
Table 1: Prioritization Matrix
Through this matrix two trends have been chosen that are seen as the most uncertain and to have the highest impact on the business and can be identified as the ones in red. 3
Young women Participation in organised sport
The first uncertainty relates to young women and their participation in organised sport. In 2021 42% of Australian girls aged 0 – 14 participated in organised sport outside of school once a week while 45% of boys did the same. Problems arise once the athletes hit the age of 15 as participation in males rose to 49% while the women dropped to 32% (Clearinghouse for sport, 2021)
. This shows that although youth participation is high the ability for coaches and programs to keep a hold of the young
athletes is proving difficult. Further, cricket is not even part of the top ten most played sports for young women below 15 with sports such as Karate and AFL outranking it. 3D printed equipment
Many sporting goods companies such as Adidas have shifted their attention from conventional methods of equipment production to experimenting and, in some instances, mass-producing equipment. A report from SmarTech analysis predicts that the global market of 3D printed sporting equipment and goods will reach $184 million USD by 2025 at a compound annual growth rate of 26.5% (SmarTech Analysis, 2020)
. Further this technology has been present for years as adidas have reportedly been experimenting with 3D printers and software for over 10 years (Gregurić, 2022)
. 4
Excess
Minimal
High
Low
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
- Access to all documents
- Unlimited textbook solutions
- 24/7 expert homework help
Related Questions
Pls help ASAP on both
arrow_forward
6.Differentiate one of these risk assessments that may be affected by psychological, ideological, religious orotherwise subjective factors, which impact rationality of the process.A. Individual risk assessmentB. Systems risk assessmentC. Simple risk assessmentD. All the above
7.All the statements below involve Risk mitigation EXCEPT
A. Obtaining insurance against lossB. Developing system standards (policies, procedures, responsibility standards)C. Performing contingent planningD. Identification of project risks
8.Choose the TRUE statements regarding Risk Assessment.I. Identify hazards and risk factors that have the potential to cause harm.II. A source or a situation with a potential for harm in terms of human injury or ill health.III. Possibility of suffering harm or injury.IV. Analyze and evaluate the risk associated with that hazard.
A. I, III & IVB. I & IIIC. I & IVD. I, II & IV
9.Identify two correct answers for Hierarchy of ControlI. EliminationII.…
arrow_forward
Pls help ASAP on both
arrow_forward
Pls help ASAP
arrow_forward
Overall ........................................... inevitably must match and support the strategies chosen during the implementation stage of the strategies
arrow_forward
No Title
ture.com/courses/170685/assignments/2519152
O Vocab Test BMI Q3 3/1 X
G The process of assuring x
DUSINESS MiallageITMEnt I
Paused
Standard 1.0O
Objective 1.01
Vocabulary Test 1
1.
The process of assuring product quality by developing standards for all
operations and products and measuring results against those standards.
2.
A manager who
mpletes all the management functions
spends most of t
time completing specialized work in one management function or is responsible for a specific par
the company's operations.
3.
The process of accomplishing the goals of an organization through the effective
of people and other resources.
Analyzing information and making decisions about what needs to be done.
Evaluating results to determine if the company's objectives have been
4.
5.
accomplished as planned.
Activate Windows
Go to Settings to activate Windows
A carofulovorall anpreach to loading an organiation
Show al
12:17 PM
3/1/2021
arrow_forward
470 1
Which of the following is not a step in portfolio management?
a. develop a policy statement
b. study current financial and economic conditions
c. construct the portfolio
d. monitor investor's needs and market conditions
e. sell all assets and reinvestment proceeds at least once a year.
arrow_forward
41. Which factor does NOT reduce moral responsibility or blame:a. Minimal contribution b. Uncertaintyc. Following ordersd. Difficulty
arrow_forward
R.e.a.d. .t.h.e. .t.e.x.t. .b.e.l.o.w. .a.n.d. .a.n.s.w.e.r. .t.h.e. .f.o.l.l.o.w.i.n.g.:.
5W 1H
What:
Where:
Who:
When:
Why:
How:
Viewpoint:
Statement of the problem:
arrow_forward
Pls help ASAP on both
arrow_forward
Pls help ASAP
arrow_forward
3. Following COSO Framework, the board's responsibilities for effective reporting of risks should include which of the following?
a. Inserting specific engagements relating to risk management into the annual audit plan
b. Assuring success in management of key risks
c. Selecting the specific techniques regarding event identification to be considered in the risk management process
d. Regularly reviewing the key risks against risk appetite
arrow_forward
Please do not give solution in image format thanku
arrow_forward
Decision regarding the risk that is taken in the senior management orders when closing positions in investment portfolios to guarantee profitability for its clients, after an announcement from the FED that indicates that the possibility of losses in stock titles in the capital market has increased .
Select one:
a.Mitigation.
b.Acceptance.
c.Transfer.
d.Control.
arrow_forward
Section c solve all
arrow_forward
E3......1
arrow_forward
3rd
Note:-
Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.
Answer completely.
You will get up vote for sure.
arrow_forward
quizzes/313788/take
Home
Home Netfliix
OUPriceCollege
ta.com Contr...
M HBO Max
* Streaming Service S...
mcn
2
Question 3
In an employee-employer relationship, according to Friedman, the employee is bound to do what the
employer says,
O no matter what the employer wants the employee to do
O so long as everyone is following the norms of their society
O up to the point where doing what the employer says violates a third party's rights
O so long as doing so is consistent with the telos of business firms, and so contributes to overall human flourishing
Question 4
According to the Stone's view, managers do actually promise their employers that they will act to maximi
arrow_forward
R is the owner-occupant of a dwelling and wishes to purchase the brostiest coverage available. R understands this will mean an increased premium. In this case, which polle
would be MOST appropriate for R?
O A.
HO-3
HO-4
HO-S
HO-6
OB.
OC
O D.
2
Time Re
arrow_forward
none of the above
17
18
Question 25 (1 point)
✔Saved
20
20
21
2
23
25
✓
24
24
Quiz Information
@
2
#
*
$
3
4
Which of the following is not one of the Bardal Factors affecting the length of
common law notice to which an employee would be entitled upon termination of
employment?
Age
Length of Service
Position of the Employee
All of the above are Bardal Factors
Submit Quiz
25 of 25 questions saved
= e
ZM
f6
f5
Jo
5
6
&
7
IN
hp
ao
f8
f9
KA
f10
f11
f12
ins
prt sc
*
8
9
delete
奶
backspace
W
E
R
T
Y
U
O
P
[
S
D
F
G
H
J
K
X
C
V
B
N
Σ
アド
L-
1
pause
alt
ctri
<
に
arrow_forward
%24
wP NWP Assessment Builder UI App X
WP NWP Assessment Player UI Appli X
A Player
A Player
Chapter 13 Wiley Assignment - H x
A education.wiley.com/was/ui/v2/assessment-player/index.html?launchld%3Da67db8cb-3f9b-4d0b-ae91-9b01aaada0c5#/question/7
e Chapter 13 Wiley Assignment - Homework
Question 8 of 8
View Policies
Current Attempt in Progress
The concession stand at the Shelby High School stadium sells slices of pizza during boys' and girls' soccer games. Concession stand
sales are a primary source of revenue for the high school athletic programs, so the athletic director wants to sell as much food as
possible; however, any pizza not sold is given away free to the players, coaches, and referees or it is thrown away. Thus, the athletic
director wants to determine a reorder point that will meet the demand for pizza. Pizza sales are normally distributed with a mean of 6
pizzas per hour and a standard deviation of 3.70 pizzas. The pizzas are ordered from Pizza Beth's restaurant, and the…
arrow_forward
20
arrow_forward
opm please help.....
arrow_forward
Suppose you work for a well-known local restaurant, and a friend ofyours is an account representative for a supplier of restaurant equipment. You know the restaurant owner is considering upgradingsome of the kitchen equipment. Although you have no purchasingauthority, your friend has asked you to arrange a meeting with therestaurant owner. You have heard unflattering rumors about thissupplier’s customer service.1. Would you arrange the meeting between your friend andyour boss?2. Would you mention the customer service rumors either toyour friend or your boss?3. Would you try to influence the purchase decision in eitherdirection
arrow_forward
Q1: There is the possibility of conflicts between stockholders and management in a large corporation. We called these conflicts agency problems and discussed how they might be controlled and reduced.
arrow_forward
38. A CEO of a technology company has hired a new PhD graduate who is a genius and
can develop new products for the CEO's company. But the ČEO is concerned that after
the potential employee is trained her she will simply leave and start a competing
company. In determining whether to hire her the CEO want to know what can be done
to stop her from leaving. The CEO is your neighbor and asks you because he knows you
are a brilliant SJSU business 80 student. You tell him the following which is correct. " In
California the employment relationship is deemed to be 1.
which means the
unless the termination is a result of some type
employee can be fired or quit 2.
of 3.
departure because 4.
5.
Also, you can not stop her from forming a competing company upon her
are unenforceable in California unless the
relationship is associated with a merger or sale of a business and 6.
is involved. However, the employee when leaving cannot take and use
7.
arrow_forward
Pls help ASAP on both questions I HUMBLY REQUEST
arrow_forward
Pls help ASAP
arrow_forward
Pls help ASAP
arrow_forward
Hand written plz asap... I'll rate plz fast...plzzzzzz...plzzzzz fast
arrow_forward
Q1.
Al Rawahi Company's budgeted sales and direct materials purchases are as follows:
Months
Budgeted Sales
Budget D M Purchases
April
250000
32000
May
270000
38500
320000
44400
June
Al Rawahi sales are 30% cash and 70% credit. Credit sales are collected as 25% in the month
of sale, 35% in the month following sale, and 38% in the second month following sale; 2%
are uncollectible.
Al Rawahi purchases are 40% cash and 60% on account. Purchases on account are paid 45%
in the month of purchase, and 55% in the month following purchase.
Instructions
A. Prepare a schedule of expected collections from customers for June.(4 marks)
B. Prepare a schedule of expected payments for direct materials for June. (3 marks)
Q2:
O Focus
ed Kingdom)
arrow_forward
Regulatory challenges to the use of new technologies for AML and CTF include:I. The lack of available and compatible hardware.II. The lack of clear support from supervisory/regulatory bodies such as FATF.III. The ability to explain the principles and technical details of these technologies.IV. The inability of staff supervisors to understand the AI models used.
Question 18Answer
a.
I,II and III only
b.
II, III and IV only.
c.
I, II and IV only.
d.
I, II, III and IV.
arrow_forward
3
arrow_forward
SEE MORE QUESTIONS
Recommended textbooks for you
BUSN 11 Introduction to Business Student Edition
Business
ISBN:9781337407137
Author:Kelly
Publisher:Cengage Learning
Essentials of Business Communication (MindTap Cou...
Business
ISBN:9781337386494
Author:Mary Ellen Guffey, Dana Loewy
Publisher:Cengage Learning
Accounting Information Systems (14th Edition)
Business
ISBN:9780134474021
Author:Marshall B. Romney, Paul J. Steinbart
Publisher:PEARSON
International Business: Competing in the Global M...
Business
ISBN:9781259929441
Author:Charles W. L. Hill Dr, G. Tomas M. Hult
Publisher:McGraw-Hill Education
Related Questions
- Pls help ASAP on botharrow_forward6.Differentiate one of these risk assessments that may be affected by psychological, ideological, religious orotherwise subjective factors, which impact rationality of the process.A. Individual risk assessmentB. Systems risk assessmentC. Simple risk assessmentD. All the above 7.All the statements below involve Risk mitigation EXCEPT A. Obtaining insurance against lossB. Developing system standards (policies, procedures, responsibility standards)C. Performing contingent planningD. Identification of project risks 8.Choose the TRUE statements regarding Risk Assessment.I. Identify hazards and risk factors that have the potential to cause harm.II. A source or a situation with a potential for harm in terms of human injury or ill health.III. Possibility of suffering harm or injury.IV. Analyze and evaluate the risk associated with that hazard. A. I, III & IVB. I & IIIC. I & IVD. I, II & IV 9.Identify two correct answers for Hierarchy of ControlI. EliminationII.…arrow_forwardPls help ASAP on botharrow_forward
- Pls help ASAParrow_forwardOverall ........................................... inevitably must match and support the strategies chosen during the implementation stage of the strategiesarrow_forwardNo Title ture.com/courses/170685/assignments/2519152 O Vocab Test BMI Q3 3/1 X G The process of assuring x DUSINESS MiallageITMEnt I Paused Standard 1.0O Objective 1.01 Vocabulary Test 1 1. The process of assuring product quality by developing standards for all operations and products and measuring results against those standards. 2. A manager who mpletes all the management functions spends most of t time completing specialized work in one management function or is responsible for a specific par the company's operations. 3. The process of accomplishing the goals of an organization through the effective of people and other resources. Analyzing information and making decisions about what needs to be done. Evaluating results to determine if the company's objectives have been 4. 5. accomplished as planned. Activate Windows Go to Settings to activate Windows A carofulovorall anpreach to loading an organiation Show al 12:17 PM 3/1/2021arrow_forward
- 470 1 Which of the following is not a step in portfolio management? a. develop a policy statement b. study current financial and economic conditions c. construct the portfolio d. monitor investor's needs and market conditions e. sell all assets and reinvestment proceeds at least once a year.arrow_forward41. Which factor does NOT reduce moral responsibility or blame:a. Minimal contribution b. Uncertaintyc. Following ordersd. Difficultyarrow_forwardR.e.a.d. .t.h.e. .t.e.x.t. .b.e.l.o.w. .a.n.d. .a.n.s.w.e.r. .t.h.e. .f.o.l.l.o.w.i.n.g.:. 5W 1H What: Where: Who: When: Why: How: Viewpoint: Statement of the problem:arrow_forward
- Pls help ASAP on botharrow_forwardPls help ASAParrow_forward3. Following COSO Framework, the board's responsibilities for effective reporting of risks should include which of the following? a. Inserting specific engagements relating to risk management into the annual audit plan b. Assuring success in management of key risks c. Selecting the specific techniques regarding event identification to be considered in the risk management process d. Regularly reviewing the key risks against risk appetitearrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- BUSN 11 Introduction to Business Student EditionBusinessISBN:9781337407137Author:KellyPublisher:Cengage LearningEssentials of Business Communication (MindTap Cou...BusinessISBN:9781337386494Author:Mary Ellen Guffey, Dana LoewyPublisher:Cengage LearningAccounting Information Systems (14th Edition)BusinessISBN:9780134474021Author:Marshall B. Romney, Paul J. SteinbartPublisher:PEARSON
- International Business: Competing in the Global M...BusinessISBN:9781259929441Author:Charles W. L. Hill Dr, G. Tomas M. HultPublisher:McGraw-Hill Education
BUSN 11 Introduction to Business Student Edition
Business
ISBN:9781337407137
Author:Kelly
Publisher:Cengage Learning
Essentials of Business Communication (MindTap Cou...
Business
ISBN:9781337386494
Author:Mary Ellen Guffey, Dana Loewy
Publisher:Cengage Learning
Accounting Information Systems (14th Edition)
Business
ISBN:9780134474021
Author:Marshall B. Romney, Paul J. Steinbart
Publisher:PEARSON
International Business: Competing in the Global M...
Business
ISBN:9781259929441
Author:Charles W. L. Hill Dr, G. Tomas M. Hult
Publisher:McGraw-Hill Education