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The essay needs to be based on a real life business and you are not given any
material. This implies that there is a pretty big deal of research that you must
undertake.
How to prepare for your CUEGIS essays?
How to research?
First you need to identify one or two companies. I chose to work on McDonalds
simply because there was a lot of information available about them online.
Nothing stops you from working on the business you chose for your IA. That is
actually pretty smart because you will already by investigating about the
business.
After you identified your business(es) you should obviously start reading articles
about them. THIS IS NOT SOMETHING THAT IS DONE OVER NIGHT! You won’t
have acquired all the knowledge required let alone remember it in one day or
even a week or month. It takes time. You can start practicing questions while you
are researching, this is perfectly fine. Just make sure that you keep all the
articles; I had a file just for CUEGIS research where I kept articles (copy pasted or
downloaded).
When you find something interesting, summarise it and make a clear and direct
link to every possible concept.
For example: During my research I found out the McDonalds introduced a new type of product; the
McCoffee.
This can be link to: Marketing strategies, change in customer demand and innovation.
Keep all of those summaries and also the link of the article on which it is based
on.
Here are some questions and some points that you should think
of while researching:
What are the marketing strategies of the business?
What are the human resource strategies of the business?
What are the operational strategies of the business?
Anything iconic about the business and its significance to success or failure.
Make sure that you link it to a concept.
How does the business manage it branches all over the world (if any)? (Link
to globalization)
Any controversial reports about the business. (Link to Ethics)
Innovative strategies used by the business and its impact.
Impact of technology on the business? How they optimized their use of
technology? (Relate it to a specific concept)
Any thing that they are very ethical about.
CSR programs (Link to ethics)
Types of products that they offer. (Link to marketing strategies)
Do products in different countries differ? How does this impact on the
business? (Link to marketing strategies and globalization)
Also, every time you find a point try to research more about its impact on various
stakeholders. When you identify a point simple logic can also help you
understand the impact on stakeholders.
How to structure your essay?
1. Introduction
2. Body, which includes 2-4 points/ paragraphs
3. A conclusion
Your paragraph should be of regular length and have to be fit for purpose. This
means that if one of your ideas/ one paragraph is of 250 words, the other
paragraph cannot be of 150 words. There has to be a certain balance between
your ideas.
The introduction is very important, you need to make a good first impression to
the examiner reading your essay and you need to show them that you know your
stuff right from the start! So here is what you have to include in your
introduction:
So as you can see the introduction contains both definitions and a clear link is
made between both of them. The introduction also introduces the business
briefly and makes a clear link between the 2 concepts that are to be explored and
the business.
Example of a top-level essay!
Ethics is the set of values and principles that a firm uses to decide whether
decisions or actions are right or wrong. Ethical considerations have to be taken
into account when a business makes decisions but it is also involved in everyday
practices, it is therefore directly linked to the business organizational strategy.
Strategy refers to the significant long-term planning decisions that organizations
make in order to meet the needs and wants of customers and other stakeholder.
The organizational strategy regroups marketing, finances, operation and human
resource strategies of a business. McDonalds is the global market leader of the
fast food industry. It has a complex organizational strategy, which enabled it to
remain market leader throughout the years. This essay will analyse the effect of
ethics on human resource strategy, operational and marketing strategies of
McDonalds.
One of McDonalds unique selling proposition is the rapidity of its service and the
quality of its customer relations. Employees working over the counter are
trained to always be friendly to McDonalds customers. Employees are
supervised and often undergo appraisal to ensure quality of service. Employees
are expected to always smile and to remain enthusiastic and polite to customers.
A recent survey has shown that over 90% of customers prefer McDonalds
customer service rather than that of KFC, however this is a form of emotional
laboring. The suppression of emotions combined to very long working hours has
been proven to be extremely detrimental to mental health. In a recent interview
with a former McDonalds employee, the latter has described the horror of
emotional laboring and how it led her to addiction to Marijuana. Hence, in an
attempt to improve customer service McDonalds employs unethical human
resource strategies.
Given the nature of its products, McDonalds has very short re-order period. This
is to ensure that ingredients are fresh. To enable the good functioning of
operation management, McDonalds buys all of its raw ingredients locally so as to
decrease costs of transportation. This decision is not only beneficial to the
environment given the smaller carbon footprint but McDonalds usually
purchases its products from small or medium size businesses. This is extremely
beneficial to local businesses that provide the raw material to McDonalds. They
benefit from an important contract decreasing the need and costs of promotion
and distribution. However, small businesses often become dependent upon such
contracts as they benefit from less risk bearing economies of scale. This can be
extremely problematic if McDonalds withdraws the contract. For example in
Mauritius, McDonalds was previously purchasing some of its raw ingredients
from a sole trader ‘Solom Nevin’. In 2013, McDonalds withdrew the contract
from Mr. Nevin as they found a medium size business that had cheaper prices.
This was very problematic for the sole trader as he did not have other big
contracts like this one.
Criteria Points
A Knowledge 4/4
B Application 4/4
C analysis 4/4
D Organization 4/4
E Stakeholders 3/4
Total 19/20
The most difficult aspect of business and management papers really is the time!
Paper 2 Overview:
You don’t necessarily have to sit down for
Length: 2h15min
2h15min and do a whole paper, but say if you Questions
practice one question, try to do within the Section A: Numerical questions [10 marks]
time limit that you would have for one You have to choose 1 question out of the 2
questions given
question in the exam.
Section B: Extensive [20 marks] [20 marks]
You have to choose 2 questions out of the 3
questions given
1. 5 min Reading time: Go through all the questions and select that ones
that you feel the most comfortable with.
2. Section A: 25 min
3. Section B: 30 min (Question 1) + 30 min (Question 2)= 60 min
4. Section C: 45 min
Section A:
Section A: