- Unit 5 Furniture and Accessories in Interior Design Assignment – National Design Academy
- 6ENT2030 Geotechnical Design Assignment Brief – University of Hertfordshire
- Network and Security Assignment Project Report for Global Enterprises
- Unit 5011 Industrial Power Electronics and Storage Pearson BTEC Level 5 Assignment Brief
- NU7020 Leadership and Quality Improvement and Governance Assignment – Trinity College Dublin (TCD)
- BTEC Level 3 Business Unit 4: Managing an Event – Assessment Brief
- NBS8641 Data Analytics for Business Insights Assessment Brief Semester 1 2025-26
- Biological Data Driven Coursework Questions 2025-26 – Pharmaceutical Sciences
- CETM71 Computer Architectures and Network Assessment 2 – University of Sunderland
- Level 5 Associate Diploma Unit 5CO01 Organisational performance and culture in practice Learner Assessment Brief
- Quantitative Methods for Accounting and Finance Assignment Reports
- MPM7002 Project Leadership Assessment Brief Semester 1 2025/2026
- E232 Exploring Childhood and Youth Tutor-Marked Assignment 01 | The Open University
- 5IT05 Network Routing and Switching – 603/4791/0 Qualifi Level 5 Diploma in Information Technology
- Unit 16 Computing Research Project Assignment- Mobile Security: Protecting Data on Smartphones and Tablets
- 6NH096 Enhancing Safety and Quality of Care in Adult Nursing Assignment Brief
- Leadership Critical Reflection: Exploring the Transition to Leadership within Epilepsy Specialist Nursing Practice
- T313 Renewable Energy Tutor-Marked Assignment – 01
- Pearson BTEC Level 4 Unit 4014 Production Engineering for Manufacture Assignment
- B99TG Introduction to Process Technology Assignment 1 – Mass Balances
The ever-changing business environment characterized by globalization, geopolitical tensions, and pandemics is causing: Mental Wealth & Applied Research Assignment, UOEL, UK
| University | University of East London (UOEL) |
| Subject | Mental Wealth & Applied Research |
The ever-changing business environment characterized by globalization, geopolitical tensions, and pandemics is causing organizations to adopt strategies to overcome, sustain, and improve productivity. Equally, the turbulent trading landscape makes it vital for businesses to embrace strategic management to accomplish superior performance. For instance, the “competitive business environment has led to complexity in decision making which then compels strategic management”.
Other studies investigated strategic practices that successful companies adopt that enable differentiation from non-successful firms. Equally, the fluid economy, as well as the agile environment, are forcing organizations to adopt effective strategies. For example, McAdam & Bailie’s (2002) study on Business performance measures and alignment impact on strategy confirmed that performance measures aligned to strategy are more effective.
However, none of these studies were conducted in the mining industry, particularly in the diamond industry thus the reason for embarking on this research study in the context of Debswana Diamond Company (Debswana). Specifically, this research study will evaluate the effectiveness of the strategic management tools in particular the company’s long-term strategy dubbed the One Team, One Dream (ODOT 2024) in managing the Covid-19 crisis. By embarking on this study, the researcher will be contributing to the body of knowledge on strategic management and organizational productivity.
To put things into perspective, it is critical to understand the importance of the company’s diamonds to the country’s economy prior to COVID-19 and the pandemic. Debswana’s total diamond revenue of 50% comprises public revenue, 33% GDP, and more than 70% foreign exchange earnings which were accomplished by partnering with De Beers Group. These data show the company’s crucial role in generating foreign exchange and government income that supports the vital social programs run by the government. The devastating economic disruption caused by COVID-19 contracted Botswana’s economy by 8.7% as there was a reduction in diamond mining.
Do You Need Assignment of This Question
Unlock academic success at the University of East London (UOEL) with our Pay for College Assignments Service. Elevate your mental wealth by entrusting your assignments to our dedicated team of professionals. Experience stress-free learning with tailored solutions, on-time delivery, and top-quality work. Join the ranks of satisfied students who’ve achieved their academic goals. Choose Students Assignment Help UK today!
Answer
