BSBMGT608: Manage Innovation and Continuous Improvement - Management Assessment Answer

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Subject Code: BSBMGT608 Internal Code: 6DJED

Management Assessment Answer

Assignment Task: BSBMGT608

Assessment Task 1 - Unit Knowledge Test (UKT)

Assessment type:
  • Written Questions
Assessment task description:
  • This is the first (1) unit assessment task you have to successfully complete to be deemed competent in this unit of competency.
  • The Unit Knowledge Test is comprised of fourteen (14) written questions.
  • You must respond to all questions and submit them to your Trainer/Assessor.
  • You must answer all questions to the required level, e.g. provide the number of points, to be deemed satisfactory in this task.
  • You will receive your feedback within two weeks - you will be notified by your Trainer/Assessor when results are available.
Applicable conditions:
  • This knowledge test is untimed and conducted as open book tests (this means you are able to refer to your textbook during the test).
  • You must read and respond to all questions.
  • You may handwrite/use computers to answer the questions.
  • You must complete the task independently.
  • No marks or grades are allocated for this assessment task. The outcome of the task will be Satisfactory or Not Satisfactory.
  • As you complete this assessment task you are predominately demonstrating your written skills and knowledge to your trainer/assessor.
  • The trainer/assessor may ask you relevant questions on this assessment task to ensure that this is your own work.
Resubmissions and reattempts:
  • Where a student’s answers are deemed not satisfactory after the first attempt, a resubmission attempt will be allowed.
  • You must speak to your Trainer/Assessor if you have any difficulty in completing this task and require reasonable adjustments (e.g. can be given as an oral assessment).
  • For more information, please refer to your RTO Student Handbook.
Location:
  • This assessment task may be completed in the learning management system (i.e. Moodle), or independent learning environment.
  • Trainer/Assessor will provide the student with further information regarding the location for completing this assessment task.
Instructions for answering written questions:
  • Complete a written assessment consisting of a series of questions.
  • You will be required to correctly answer all the questions.
  • Do not start answering questions without understanding what is required from you. Read the questions carefully and critically analyse them for a few seconds, this will help you to identify what is really needed.
  • Your answers must demonstrate an understanding and application of relevant concepts, critical thinking, and good writing skills.
  • Be concise to the point and write answers according to the given word-limit to each question and do not provide irrelevant information. Be careful, quantity is not quality.
  • Be careful to use non-discriminatory language. The language used should not devalue, demean, or exclude individuals or groups on the basis of attributes such as gender, disability, culture, race, religion, sexual preference or age. Gender inclusive language should be used.
  • When you quote, paraphrase, summarise or copy information from the sources you are using to write your answers/research your work, you must always acknowledge the source.
Question 1:  Answer the following:
  1. What are organisational systems? Write your answer in 30 -50 words.
  2. What are the organisational processes? Write your answer in 30-50 words.
  3. List four (4) steps involved in the monitoring process of operational plans.
  4. List five (5) elements that are essential for any effective monitoring system.
  5. Why is it necessary to monitor and evaluate plans and strategies?  Write your answer in 50-100 words
Question 2: Answer the following:
  1. What are the supply chains? Write your answer in 30-50 words.
  2. What is the purpose of undertaking analysis of supply chains, and operational, product and service delivery systems? Write your answer in 50-100 words
Question 3: Answer the following:
  1. List five (5) key components of an effective performance measurements system.  
  2. Explain the following assessment tools and techniques used to review innovation processes:
Question 4: Explain in 30-50 words each, the purpose of analysing the following performance reports for key result areas of the organisation:
  1. Budget/cost variance reports
  2. Financial reports
  3. Quality reports
Question 5: Answer the following questions: 1. What is trend analysis and how can it help to improve the business?  Write your answer in 100-150 words 2. Identify five (5) trends a business can analyse. 3. How a trend analysis is developed and explains the three (3) stages of trend analysis?  Write your answer in 100-150 words Question 6: Based on the different digital specialists listed below, what advice can they provide you to identify technology and electronic commerce opportunities?  Write your answer in 40-60 words for each
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