Assessment Methods in Business Essay

(a) There are typically six assessment methods that we can chose to employ within your role. These are listed below along with examples of when and how they could be implemented:

For this task you are required to determine the risk context associated with establishing a new business outlet, within the existing business structure. They will be required to review internal and external environment factors and liaise with all stakeholders to generate a list of risks.

1. In relation to your current business environment (or one that you are familiar with), identify at least two different types of information technology that may be used when completing work tasks.

• The first thing you need to do is save a copy of this document, either onto your computer or a disk

          An organization, in its simplest form, is comprised of people brought together to achieve a common goal whether it be solving a problem, selling a product or providing a service. The existence of the organization is wholly dependent on the collective body of individuals involved and it is these individuals that are the driving force behind the success or failure of a company. The relationships that connect the people within the organization dictate how the culture is developed and perceived.

Another model for diagnosis is the 7S model of Peters and Waterman, takes into account the hard and soft elements of the organization, that is,

In the case of Assessing a Company’s Future Financial Health, the case concentration is on SciTronics, a medical device company, performance measures based on the organization’s three primary financial data sources in Exhibit 1 & 2. Utilizing the 9 steps of corporate financial system, I will be able to analyze the financial health of the company to assess whether it will remain balance over the ensuing 3-5 years. The measures are grouped by focusing on “Financial Ratios” such as: 1.) profitability measures, 2) activity measures, and 3) leverage and liquidity measures. Using the financial data sources, I would be able to make recommendations regarding SciTronics 126 million loan request.

2. GIVING FEEDBACK = Verbal feedback, Written Feedback.{Try to be positive, Don’t be negative candidates find this demoralising}

The framework that will be used to critique the above research paper is Coughlan, Cronin and Ryan (2007). This framework has been chosen because it is easy to follow and is routinely used to critique quantitative research studies (Fothergill and Lipp, 2014).

Another change can be, working policies and procedures where at present they might not reflect the company in the best light therefore it can damage the company’s reputation.

The model is made up of the person, environment and occupation, which all affects the performance of an individuals. This model also takes into consideration the narrative.

Despite being an intimidating prospect for most people, there are millions of entrepreneurs in the US. Some of them turn out to be very successful, others, not so much. There are many steps to starting and running a business, but many of them can be easily accomplished simply by filling out some forms, and several small fees.

This is the business evaluation of the business idea of making an application Smokeless. The purpose of the application is to reduce the number of smokers and maintain the health of the society. The business idea would help, motivate and encourage people to quit smoking. The Business Idea is having a great and positive scope in the present and also in the future because of the rising number of smart phone users. It would be extensively used by those who are willing and determined to quit smoking. If this idea of making an application is successful then it would be really good for all because smoking not only affects those who smoke but also those who do not i.e. Second Hand Smoke.

Your assignment must consider the three-layer hierarchical model. You are free to make supported assumptions of the applications and services that this organization uses.

Essentially, this is what we are speaking about when we refer to organizational performance and achievement of successful outcomes. (James, 2017)