Introduction
How well a company uses its resources and functions in the marketplace determines its level of success in the business sector. Understanding these two components and how they cooperate to promote corporate objectives is the main emphasis of this subtopic.
This activity will help you understand the possible location for a business, reasons why location affects business success and suitable locations for a given business and explain the reasons why it might be a good choice.
For more information about resource management and business operations in the marketplace. Click here, page 89
Task
Your task is to become a young business and create a digital marketing campaign or interactive presentation that introduces resource management and business operations in the marketplace to your classmates. Your final product should include:
- Overview of the resources management and business operations in the marketplace
- A short description of location, customers, competition and profit
- At least three interesting facts about the resource management and business operations in the marketplace
- Images, diagrams or graphics that make your presentation creative and easy to understand
You will work in groups and present your presentation to the class as if you were expert businessman or woman.
Process
Follow these steps carefully to complete your work.
- Form groups of 4-5 students. Each member must participate in this activity
- Assign business. Each member should choose one business, such as a canteen, local handicraft, mini market or fishing equipment store.
- Naming. Name your own business after choosing your business.
- Resources. Identify what types of resources to use for your business
- Location. Description of your location, reason why it is suitable for customers.
- Practice your Presentation. Make sure everyone in the groups has part and understands the content and explains it clearly.
- Submit and present. Upload your final product to your teacher or share it in the class for presentation day.
Evaluation
Your group's work will be graded using the rubric below (Total: 20 points)
| Criteria | Excellent (5) | Good (4) | Fair (3) | Needs Improvement (2) |
|---|---|---|---|---|
| Content Accracy | All facts are correct, detailed and well-explained | Most facts are accurate and relevant | Some minor errors or missing information | Many inaccuracies or incomplete data |
| Creativity & Presentation | Visually appealing, clear layout and engaging design | Organized and creative, with minor lapses in design | Basic visuals, lacks creativity | Messy or hard to follow |
| Collaboration & Presentation | All members actively contributed and worked well together | Most members participated | Unequal contribution among members | Poor teamwork or minimal effort |
| Delivery & Understanding | Clear, confident and enthusiastic presentation | Good presentation with small lapses | Somewhat clear, low energy | Unclear or unprepared presentation |
Conclusion
Congratulations, businessman or businesswoman! You have successfully demonstrated expertise in resource management and business operations in the marketplace. Through your research and collaboration, you have identified all the necessary elements for resource management and business operations.
Teacher Page
Burentemauri Itinnang