Strategic planning and Control Coursework Example | Topics and Well Written Essays - 3750 words

Strategic planning and Control - Coursework Example This learning statement is dedicated to outlining the learning that took place and how the learning came about. The module exposed me to two types of learning which were desk learning and field learning. Each of these two brought about different forms of learning for me. For example the desk learning which involved reading from books, articles and the PPT files given by the lecturer exposed me to concepts about planning and control. Today, I know that planning is the fulcrum around which any successful organisation revolves (Bazin, 2012). I have also come to learn that without planning, an organisation cannot be said to have a future (Gunder, 2003). Planning is also very important in setting targets based on several areas of the organisation such as marketing, taxes, logistics, research and development, promotions, and production (Roy, 2008). Indeed through the PPT, I have come to learn how to use PEST analysis, SWOT analysis, Ansoff matrix, Porter’s five forces and many more to strategically plan an organisation (Allmendinger & Gunder, 2005). The field learning involved those concepts and knowledge I acquired whiles involving myself in real interaction with people including colleagues in my team and customers on the market. As a result of the field learning also, I have come to learn so much about market demographic dynamics where I now that the best way to serve any given market is to have a thorough understanding of the different forms of needs available to the customer (Das, Binod, Kar & Rauno, 2012). Indeed the field learning also helped in developing several soft skills in me, most of which focused on communication skills, leadership skills, interpersonal relations skills, time management, ethics and courtesy, and critical thinking skills. An example of instance that can be cited as accounting for the development of the soft skills is when I needed to interact with

Pollutions and External Costs Case Study Example | Topics and Well Written Essays - 2000 words

Pollutions and External Costs - Case Study Example The externality can be considered as one of the most important concepts which can be perceived on the basis of different aspects. The externality can refer to the cost of the factors that can affect business transactions mainly the group that used the factor to be able to be related to a group. Thus, the externalities then can be perceived in cases wherein the group being supplied gains profit (Gibson, 1996). Due to the fact that every factor and component of the environment even the economic aspect can be considered to have a price. For that matter, the sale of the products being produced can be of great effect to the supplier company, although it can be considered as an indirect effect. In the study of the effects of externality, it is important to determine that the effects of the said concept can either be positive or negative (Gibson, 1996; Hussen, 2000). A negative externality can be perceived when the side of the production or consumption of a particular product. One of the most significant examples of a negative externality in consumption is pollution. In such case then, externalities can be considered as an effect of the failure of the 3rd group. On the other hand, externality can also be positive wherein indirect actions in the society can improve the chance for good transactions. An example is the development of different types of remedies and medication (Gibson, 1996; Hussen, 2000). The presence of externalities can be questioned in terms of efficiency. This can be attributed to the fact that a system targets the efficient use of every part and every material. Due to the fact that externalities are based on the indirect effects of different factor, a sign of being weak, the study of the implications of externalities is a vital issue (Gibson, 1996; Hussen, 2000).