Marking Criteria for Business Report – Assessment Task 1 Criteria Presents a sustained, logical and well structured answer and clearly communicates in the form of a business report using relevant business terminology and concepts and information researched Clearly outlines with supporting examples from IKEA, the concepts of cost leadership AND product differentiation Explicitly distinguishes between inputs, transformation and outputs providing clear examples from IKEA. Evaluates extensively the effectiveness of Quality Management and Inventory Management as strategies in IKEA’s operations. Presents a well organised business report using relevant business terminology and concepts and information researched Outlines with examples from IKEA, the concepts of cost leadership AND product differentiation Distinguishes between inputs, transformation and outputs providing examples from IKEA. Evaluates the effectiveness of Quality Management and Inventory Management as strategies in IKEA’s operations. Includes features of a business report and uses some business terminology and concepts, may refer to information researched Outlines in general terms, the concepts of cost leadership and/or product differentiation, providing examples of ONE concept Distinguishes between inputs, transformation and outputs. Examines the effectiveness of Quality Management and Inventory Management as strategies in IKEA. May include some features of a business report and uses basic business terminology Refers to the concept(s) of cost leadership or product differentiation Refers to Quality Management and/or Inventory Management as strategies. Uses basic business terminology May mention cost leadership or product differentiation May mention inputs, transformation and outputs. May mention Quality Management and/or Inventory Management. Marks 21-25 16-20 11-15 6-10 1-5 N.B. Please note that 10% of the total value of the task will be deducted if the submitted task excessively exceeds 1500 words ( at the markers considered opinion.) 5 marks will be deducted from your result for failure to submit a bibliography.
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