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Demonstrate understanding of the different management theories and the basics of Macro and micro-economics, including the decision making process and strategic management approaches that drive organisations’ performance

Assessment Brief

Foundations of Business Communication

Individual Report and Reflection

3,600 words in total

  1. Demonstrate understanding of the different management theories and the basics of Macro and micro-economics, including the decision making process and strategic management approaches that drive organisations’ performance

  2. Work with others, develop your personal and professional skills and demonstrate your ability of self-management and learning and be able to use these skills for analysing particular environments, and/or unique situations in which businesses are active.

Write a formal report demonstrate your understanding and application of a sustainable approach to Business Management, including strategic planning and CSR challenges. Additionally, write a reflective report with an update on your key skills learning in the Unit – evidenced by entries in your online journal. 

Write a formal report, with headings, using your reading, research, learning and journal content as a starting point.

Using reading and research on CSR, ethics and sustainability, explore at least one area of sustainability in businesses of different sizes like, micro, SME and corporate

Present your work in a formal report with headings using Harvard style referencing.

Show evidence of self-reflection on the assignment task by making links to your online journal

We suggest writing the report in two parts:

Part 1 (approx. 2,400 words)

Part 1 will include:

  • Introduction / summary of the assignment

  • Explanation of a sustainable approach to business strategy and management – evidence by examples of strategies that businesses use to operate in an ethical and sustainable way

  • To evidence and analyse the different approaches to CSR of Micro, SME and Corporate Business, are their approaches similar? Are there differences and how can you measure success in their CSR strategies?

  • Evidence of research and reading beyond topic areas discussed in class

  • Reference List-Harvard Style

Format:

Using Business Report Style written based on your research findings in 3rd person

Part 2: Reflective Report on Key Skills Development (approx. 1,200 words)

Learning experience, added on a regular basis are required to evidence how you have developed and used key skills in the initial learning in the unit and in the analysis of the business case for this assignment. This can be achieved by completing journal entries on your self-assessment analysis, VARK, Belbin, team work, time management,  and all personal development activities that link to key employability skills.

In the reflective report you may explore key skill development in all or any of the following areas:

  • Communication (both verbal and written – evidenced by classroom discussion, presentations and report writing)

  • Numeracy – (evidenced by examples of use of data and statistics in your seminar activities and this submission)

  • ICT (evidenced using Microsoft Office programs during the unit)

  • Problem Solving (evidenced by examples of analysis and information gathering, during the unit and in the submission of the assignment)

  • Working with Others (evidenced by reflecting on your experience working in teams during the unit)

There is an opportunity to reflect on feedback given in class, on your journals and specifically on your first assignment. Understanding feedback and acting on it is a key element of your learning and development at this early part of your university experience where the expectations of independent learning are probably new to you and very challenging.

So try and utilise as many opportunities as you can.

Format of the Report:

  • Reflective report should be written about yourself so in 1st person

  • All links to key skills development must be referenced in text to entries in your journal. For Example:

“Since Semester one unit learning I have continued to develop and work on these XXXX academic skills, how to read an article and paraphrase key elements of it, reference it correctly so that it could be included in a formal submission” (JNL Week 4 (date)

  • Your report should be correctly referenced in Harvard style with references in text and in a reference list at the end of your report.

Do not include any elements that have been submitted or marked in previous submissions without correct referencing. To use chunks of work previously submitted is considered to be self-plagiarism.

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Sample Answer

Sustainable Business Management and Personal Skills Development (Part 1)

Introduction

This report explores how organisations adopt sustainable approaches to business management, with a focus on corporate social responsibility, ethics, and strategic decision-making. It examines how businesses of different sizes, including micro, small and medium enterprises, and large corporations, implement sustainability practices. The report also evaluates how these strategies influence organisational performance and how success can be measured. The analysis is supported by relevant academic theories and real-world examples.

Sustainable Approach to Business Strategy and Management

Sustainable business management refers to the integration of environmental, social, and economic considerations into organisational strategy and decision-making. It goes beyond profit generation and focuses on long-term value creation for stakeholders. Strategic management theories such as stakeholder theory and triple bottom line provide a foundation for understanding sustainability in business.

Stakeholder theory, introduced by R. Edward Freeman, suggests that organisations must consider the interests of all stakeholders, including employees, customers, suppliers, and the wider community. This approach encourages ethical decision-making and supports long-term success. Similarly, the triple bottom line framework emphasises the importance of balancing profit, people, and the planet.

An example of sustainable strategy can be seen in Unilever, which has implemented its Sustainable Living Plan. The company focuses on reducing environmental impact while improving social outcomes, such as fair sourcing and waste reduction. This demonstrates how sustainability can be embedded into core business strategy rather than treated as an add-on.

From a microeconomic perspective, sustainable practices influence decision-making by affecting costs, demand, and resource allocation. For instance, investing in eco-friendly production may increase short-term costs but can lead to long-term savings and increased customer loyalty. Macroeconomic factors such as government regulations, climate policies, and global market trends also shape how organisations adopt sustainability.

CSR Approaches in Micro, SME, and Corporate Businesses

Corporate social responsibility varies significantly depending on the size and resources of the organisation. Micro businesses often adopt informal and community-based CSR practices. These may include supporting local suppliers, reducing waste, or engaging in small-scale charitable activities. Although limited in scale, these actions can have a meaningful impact on local communities.

Small and medium enterprises (SMEs) tend to implement more structured CSR strategies compared to micro businesses. They often focus on employee wellbeing, ethical sourcing, and environmental responsibility. SMEs may not have the financial capacity of large corporations, but they benefit from flexibility and closer relationships with stakeholders.

Large corporations, on the other hand, adopt comprehensive and formal CSR strategies. These organisations have the resources to invest in large-scale sustainability initiatives, such as renewable energy projects and global supply chain improvements. For example, Tesla focuses on reducing carbon emissions through electric vehicles and renewable energy solutions. Corporate CSR is often measured through sustainability reports, environmental impact assessments, and global standards.

While all business sizes aim to operate responsibly, their approaches differ in scale, structure, and visibility. Micro businesses focus on local impact, SMEs balance practicality with responsibility, and corporations implement global strategies. Despite these differences, the underlying goal remains the same, which is to create value while minimising negative impacts.

CSR means businesses taking responsibility for their impact on society and the environment.

Yes, using real companies like Unilever or Tesla strengthens your analysis and shows research.

Write in first person, focus on your learning experience, and link it to your journal entries.

Focus on communication, teamwork, ICT, problem-solving, and any personal development during the unit.

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