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Identify the different types of business organisations

Fundamentals of Business and Organisation (BUSS-10003) – Spring 2020 – CW2 (Assignment) — QP

MEC_AMO_TEM_035_01 Page 1 of 8

Instructions to Students

ï‚· Answer all questions.

ï‚· Deadline of submission: 3rd July, 2020 23:59

ï‚· The marks received on the assignment will be scaled down to the actual weightage of the assignment

which is 50 marks

ï‚· Formative feedback on the complete assignment draft will be provided if the draft is submitted at

least 10 days before the final submission date.

ï‚· Feedback after final evaluation will be provided by 17th July, 2020

ï‚· Viva will be conducted when required

MODULE OUTCOMES:

1. Identify the different types of business organisations

2. Describe the functional areas of a business organisation

Assignment Tasks

Task 1:

Case Study

Ahmed and Mohammed want to start their own business. They are thinking to establish a factory to manufacture

sunglass in Oman. The factory needs an investment of OMR 600,000. Mohamed having OMR 150,000 and

Ahmed having OMR 250,000. They have a shortage of OMR 200,000. Ahmed suggests to take loan from Bank

but Mohammed suggests to sell shares to manage the investment shortage. They are confusing regarding the

IN SEMESTER INDIVIDUAL ASSIGNMENT

Module Code: BUSS10003 Module Name: Fundamentals of Business and Organisation

Level: 1 Max. Marks: 100

Fundamentals of Business and Organisation (BUSS-10003) – Spring 2020 – CW2 (Assignment) — QP

MEC_AMO_TEM_035_01 Page 2 of 8

suitable source of finance to manage the investment shortage. This will affect the legal entity of their

organization. There are many forms of organization, but they are confusing between LLC and SAOG.

Furthermore, Ahmed suggest to hire the following employees:

ï‚· The Managing Director has the major responsibility for running of the company, including setting

company targets and keeping an eye on all departments.

ï‚· The Distribution Manager is responsible for controlling the movement of goods in and out of the

warehouse, supervising drivers and overseeing the transport of goods to and from the firm.

ï‚· The Production Manager is responsible for keeping a continuous supply of work flowing to all production

staff and also for organizing manpower to meet the customers’ orders.

ï‚· The Sales Manager is responsible for making contact with customers and obtaining orders from those

contacts.

ï‚· The Finance Manager controls all the financial dealings of the company and is responsible for producing

management accounts and financial reports.

ï‚· The Public Relation Manager is responsible for external communications, media, social media and

complains

ï‚· The Human Resource Manager is responsible to handle all staff affairs, HRP, recruitment and selection,

etc.

ï‚· The IT Manager is responsible for maintain the organization ERP and any technology within the

organization

ï‚· Maintenance manager is responsible to maintain the production line and company assets.

Also, they are planning to hire 5 distribution officers, 5 accountants, 5 HR officers, 3 Public relation officers,

10 Trade promotors, 5 Mechanical Engineering for production, 5 Mechanical Engineering for maintenance

100 production labours and 10 Labour supervisors.

Based on the above, you are requested to help Mohammed and Ahmed in the following

1. Briefly, explain the challenges faced by Ahmed and Mohammed? (5 marks)

2. Draw an organization structure and highlight the 5 Components of organizational structure. (20 marks)

3. Explain the two forms of organization mentioned above? Highlight the features of each form? (15

marks)

Fundamentals of Business and Organisation (BUSS-10003) – Spring 2020 – CW2 (Assignment) — QP

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4. Being one of the partners of this organization, what is the form are you recommended and why? (15

marks)

5. Being one of the partners, what is the source of finance are you recommend to manage the shortage

and Why? (15 marks)

6. Explain the main functional areas of a business organization that you have identified from the case

study? Support your answer by identifying the responsible manager of each functions? (20 Marks)

Task 2:

MOOC Activities: Student should submit a Self-Reflection of MOOC’s course (150-300 words). Student can reach the MOOC’s course from below link. (5 marks) https://www.coursera.org/learn/management-fundamentals-healthcare-administrators#about

Evaluation Criteria for Group Report Marks

1. Briefly, explain the challenges faced by Ahmed and Mohammed?

5

2. Draw an organization structure and highlight the 5 Components of organizational structure.

20

3. Explain the two forms of organization mentioned above? Highlight the features of each form?

15

4. Being one of the partners of this organization, what is the form are you recommended and why?

15

5. Being one of the partners, what is the source of finance are you recommend to manage the shortage and Why?

15

6. Explain the main functional areas of a business organization that you have identified from the case study? Support your answer by identifying the responsible manager of each functions?

20

7. MOOC Activities 5

Introduction, conclusion, Format and references 5

Total 100

Rules & Regulations:

1. Answer all the questions 2. Total words count should be more (Maximum 1000 words). The report should contain:

 cover page, which indicates module title, names of students, name of instructor and date of

submission

 Table of contents, which includes heading, subheading and page numbers.

 Introduction, indicates the objectives of the report, briefly describes structure of the report.

 discussion, description, discussion, explanation and analysis of the questions

https://www.coursera.org/learn/management-fundamentals-healthcare-administrators#about

Fundamentals of Business and Organisation (BUSS-10003) – Spring 2020 – CW2 (Assignment) — QP

MEC_AMO_TEM_035_01 Page 4 of 8

 Conclusion that reveals main findings regarding the questions and a recommendation.

 List of reference by using Harvard style of referencing; the report should have 8 to 10 citations.

3. The report should be well formatted, text color black, times of roman, font 12.

4. Late submission and Plagiarism policy will be applied accordingly.

5. Provide an in Text citations and a correct reference.

Important Policies to be followed

1. Student Academic Integrity Policy*:

MEC upholds the spirit of academic integrity in all forms of academic work and any form of violation of academic

integrity shall invite severe penalty. Any benefit obtained by indulging in the act of violation of academic integrity

shall be cancelled.

All cases of violation of academic integrity on the part of the student shall fall under any of the below mentioned

categories:

1. Plagiarism

2. Malpractice

3. Ghost Writing

4. Collusion

5. Other cases

If the student fails a module and has a proven case of academic integrity violation in this module, the student is

required to re-register the module. This is applicable to first and second offenders of plagiarism.

1. Plagiarism

A. First offence of plagiarism

I. If a student is caught first time in an act of plagiarism during his/her course of study in any assignment

other than project work, the student will be allowed to re-submit the assignment once, within a maximum

period of one week. However, a penalty of deduction of 25% of the marks obtained for the resubmitted

work will be imposed.

II. Period of re-submission: The student will have to re-submit the work one week from the date he or she

is advised to re-submit.

III. If the re-submitted work is also found to be plagiarized, then that assessment will be awarded a zero mark.

Re-submission of the work beyond the maximum period of one week will not be accepted and the

assessment will be awarded a zero mark.

B. Second offence of plagiarism

If any student is caught second time in an act of plagiarism during his/her course of study (in a subsequent

semester), the student will directly be awarded zero for the work in which plagiarism is detected. In such cases,

Fundamentals of Business and Organisation (BUSS-10003) – Spring 2020 – CW2 (Assignment) — QP

MEC_AMO_TEM_035_01 Page 5 of 8

the student will not be allowed to resubmit the work. A warning of suspension shall be issued, and student has to

sign an undertaking and undergo counselling session in such cases.

2. Malpractice/Ghostwriting/Collusion

A. First offence of Malpractice/Ghostwriting/Collusion

If a student is caught in an act of Malpractice/Ghostwriting/Collusion for an assessment component

irrespective of coursework or end semester, the student shall fail the module and shall be required to re-

register the module

B. Second Offence of Malpractice/Ghostwriting/Collusion

If a student is caught a second time in an act of Malpractice/Ghostwriting/Collusion for an assessment

component irrespective of coursework or end semester, the student shall fail the module. A warning of

suspension shall be issued, and student has to sign an undertaking and undergo counselling session in

such cases.

3. Third Offence of Academic Integrity Violation

If a student is caught a third time in an act of Academic Integrity Violation for an assessment component irrespective

of coursework or end semester (in a subsequent semester), the student shall fail the module and also shall be

suspended for one semester from the College, as recommended by institutional level academic committee, Chaired

by the Associate Dean, Academic Affairs.

4. Fourth Offence of Academic Integrity Violation:

If a student is caught a fourth time in an act of Academic Integrity Violation for an assessment component irrespective

of coursework or end semester (in a subsequent semester), the student shall fail the module and also shall be expelled

from the College, as recommended by institutional level academic committee, Chaired by the Associate Dean,

Academic Affairs.

5. Other cases

If a student commits an act of academic integrity violation as per the definition of “other cases” mentioned in the

previous section or of a different nature, student’s case shall be forwarded to an institutional level academic

committee, Chaired by the Associate Dean, Academic Affairs. The committee shall investigate the case by means of

a viva and/or a disciplinary hearing and shall take appropriate decision. The penalty that can be granted to a proven

case of academic integrity violation which falls in this category of “other cases” can be a warning/component zero/

module fail/suspension/expulsion depending on the nature and gravity of the offence.

6. Types/Variations of Cases:

I. If plagiarism is detected in any component of one assessment, the deduction in marks will be applicable for the

whole assessment, even if only the component or part submission alone needs to be resubmitted.

II. If plagiarism is detected in a group assessment, all students of the group will be considered as having committed

an act of plagiarism and the policy will then be applied to all students

III. If plagiarism is detected in any component of a group assessment, the deduction in marks will be applicable for

the whole assessment even if only the component or part submission alone needs to be resubmitted.

Fundamentals of Business and Organisation (BUSS-10003) – Spring 2020 – CW2 (Assignment) — QP

MEC_AMO_TEM_035_01 Page 6 of 8

All students of the group would be considered as having committed an act of plagiarism and the policy will then

be applied to all the students of the group.

IV. If the assessment consists of components or part submissions that could be a group assessment component (e.g.

group assignment) and an individual assessment component (e.g. individual reflection), the following will be

applicable:

a. If plagiarism is detected in the group assessment component, all students of the group will be considered

as having committed an act of plagiarism, The policy will then be applied to all students of the group.

Group assessment component will be resubmitted as per the policy.

b. If plagiarism is detected in the individual assessment component, the individual assessment component

will be resubmitted and the policy will then be applied to that student alone.

c. For both (a) and/or (b), the deduction in marks will be applicable for the whole assessment.

* for further details Refer to MEC Student Academic Integrity Policy in Student Handbook.

2. Late Submission Regulations:

It is the students’ responsibility to check all relevant timelines related to assessments.

As per the Assessment Policy at MEC, late submissions are allowed for one week (5 working days) for all UG

modules with a penalty. In such cases, a deduction of 5% of the marks obtained for the submitted work shall be

imposed for each working day following the last date of submission till the date of actual submission.

Assessment documents submitted beyond a period of one week (5 working days) after the last date of submission

will not be accepted and will be awarded a zero for that assessment. In cases where the submission has been

delayed due to extenuating circumstances, the student may be permitted to submit the work without imposing

the late submission policy stated above. The extended period of submission will be one week from the original last

date of submission. In such cases, the student is expected to submit the supporting certificates on or before the

original last date of submission of the assessment and the decision of extension rests with faculty responsible for

the assessment .The late submission policy shall be applied if the student fails to submit the work within one week

of the original last date of submission.

Students may contact their teachers for clarification on specific details of the submission time if required.

3. Research Ethics and Biosafety Policy

To protect and respect the rights, dignity, health, safety, and privacy of research subjects involved including the

welfare of animals and the integrity of environment, all student projects are expected to be undertaken as per the

MEC Research Ethics and Biosafety Policy. Accordingly the following shall apply.

ï‚· Research and other enterprise activities shall be conducted by maintaining the high ethical standards consistent

with national and international standards and conventions.

ï‚· Any research at MEC that is categorized as high-risk research shall be subject to review and approval by the

Research Ethics and Biosafety Committee.

ï‚· Research activities involving collection of human or animal tissues and manipulation of microbial, animal or plant

cells shall be subject to review and approval by the Research Ethics and Biosafety Committee.

Fundamentals of Business and Organisation (BUSS-10003) – Spring 2020 – CW2 (Assignment) — QP

MEC_AMO_TEM_035_01 Page 7 of 8

ï‚· Participants involved in research must be informed about the purpose of research and intended uses of research

findings. Written consent must be obtained from people involved prior to the commencement of research.

ï‚· Data obtained from participants must be treated with high confidence and should be used only for the intended

purpose of research.

Classification

And % Range <to be given

as per requirement>

Reflection and critical analysis. Knowledge and Understanding/

Application of Theory

Evidence of Reading Referencing and Bibliography Presentation, Grammar and Spelling

Outstanding

Highly competent analytical skills and

reflective practice, demonstrating personal

learning and growth, insight into required

professional values and principles and

professional development planning.

Extensive knowledge and depth

of understanding of principles

and concepts and /or

outstanding application of

theory in practice.

Evidence of reading an extensive

range of educational

literature/research and where

applicable workplace strategies,

policies and procedures.

Accurate referencing and

bibliography correctly using

appropriate referencing style

Excellent presentation, logically

structured, using correct grammar and

spelling, excellent cross-referencing and

links to supporting evidence

Excellent

Strong analytical skills and reflective

practice used, demonstrating personal

learning and growth, insight into required

professional values, principles and

competencies and professional

development planning.

Excellent knowledge and

understanding of principles and

concepts and /or excellent

knowledge and understanding

of the application of theory in

practice

Evidence of reading a wide range of

educational literature/research and

where applicable, workplace

strategies, policies and procedures.

Appropriate referencing and

bibliography correctly using

appropriate referencing style

Good presentation, competently

structured, using correct grammar and

spelling, clear and easy to use links to

supporting evidence

Very Good Quality

Good use of analytical skills and reflective

practice demonstrating personal learning

and growth, insight into required

professional values, principles and

competencies and professional

development planning.

Good knowledge or key

principles and concepts and/or

good knowledge of the

application of theory in practice

Evidence of reading a good range of

educational literature/research and

where applicable workplace

strategies, policies and procedures.

Generally well referenced with

correct use of the appropriate

referencing style

Reasonable presentation, completely

structured, acceptable grammar and

spelling, acceptable links to supporting

evidence

Good (Acceptable)

Acceptable use of analytical skills and

reflective practice demonstrating personal

learning and growth, insight into required

professional values, principles and

competencies and professional

development planning.

Acceptable knowledge of key

principles and concepts and/or

knowledge of the application of

theory in practice

Evidence of reading an appropriate

range of educational

literature/research and where

applicable, relevant workplace

policies and procedures

Adequate referencing. Generally

accurate use of appropriate

referencing style

Adequate presentation and structure,

acceptable grammar and spelling,

adequate links to supporting evidence

Adequate/ Satisfactory

Adequate use of analytical skills and

reflective practice demonstrating personal

learning and growth, insight into required

professional values, principles and

competencies and professional

development planning.

Adequate knowledge of key

principles and concepts and/or

satisfactory evidence of the

application of theory in practice

Evidence of minimal reading of

educational literature/research and

where applicable relevant workplace

policies and procedures

Adequate referencing.

appropriate referencing style

used but may contain some

inaccuracies.

Weak presentation , satisfactory structure,

grammar and spelling, links to supporting

evidence

Weak /Poor

(all learning outcomes not

adequately met)

Little use of analytical skills and reflective

practice demonstrating personal learning

and growth, insight into required

competencies and/or professional

development planning. Professional values

and principles not reflected in the

submission.

and/or

Insufficient/no use of analytical skills and

reflective practice demonstrating personal

learning and growth, insight into required

competencies and professional

development planning

Little evidence of knowledge of

key principles or concepts

and/or little evidence of the

application of theory in practice

and/or

No evidence of knowledge of

key principles or concepts

and/or no evidence of

application of theory in practice

Little or no evidence of reading

outside of the course textbook

and/or reference to relevant work

place policies and procedures

and/or

No evidence of reading outside of

the course textbook and/or reference

to relevant workplace policies and

procedures

Little or no referencing, incorrect

style, or very inaccurate use of

appropriate referencing style

Poor presentation, grammar and spelling,

links to supporting evidence

and/or

Unacceptable presentation, grammar and

spelling, structure is very poor, links to

supporting evidence

Fundamentals of Business and Organisation (BUSS-10003) – Spring 2020 – CW2 (Assignment) — QP

MEC_AMO_TEM_035_01 Page 8 of 8

Assessment Evaluation Criteria

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