Topic
General Environment at JB Hi-Fi Group Pty Ltd
Instructions
1. Provide a Table of Contents(TOC) showing the section and sub-section headings you plan to use in your A1.3 Business Report.
2. Write a 500 word (+/- 10%) discussion on your chosen organization’s general environment and analyze the impact of one real-life dimension in its general environment in 2016/17. You must use academic definitions and ideas to describe, structure, and support the information in your discussion and analysis. Begin your research by reading pp. 32–41 of the textbook. In this answer, you must include: (a) a citation from the textbook
(b) a citation from a suitable peer-reviewed management academic journal article (c) a direct quotation using Deakin Harvard referencing style
(d) an indirect (paraphrased) quotation using Deakin Harvard referencing style.
3. Provide ONE reference list that includes the sources used in this task as well as the peer-reviewed academic journal articles you plan to use in the A1.3 Business Report. In this reference list, you must include: (a) the MMM132 textbook (b) five relevant peer-reviewed academic journal articles. One article relevant to the question
2 in this A1.2 task and one article relevant to answering each of the questions 1-4 in the A1.3 final report. (Normally you should only list works used in the body of this assessment but you are required to include the A1.3 academic journal articles for planning purposes). (c) at least one reputable (non-academic) source of information about your organization.
Answer Preview
The effect of the sociocultural environment for JB Hi-Fi Group Pty Ltd is that the company has been able to have access to and attract a motivated multicultural workforce that has a sense of belonging, despite the difference in terms of skin color, language, and other cultural traits. The employees share and exchange creative ideas based on their different exposures and viewpoints, which enhances the idea pool and boosts the chances of developing superior products and services (Corritore, Goldberg, and Srivastava, 2017). This may be one of the reasons for the firm’s sustained good performance in the market. On the same note, the company embraces creativity and creates a space where the employees can engage in creative thinking, drawing from their various cultural backgrounds which in many cases acts as a source of unique ideas (Corritore, Goldberg and Srivastava, 2017). This is so even when it involves engaging in activities where the workers do not involve the management directly.
Word count: 650