Assignment of the Week: Luvoyo Rani Silulo Utholo Technologies Business Management Assessment Answer
March 16, 2020
Author : Charles Hill

When you get enrolled in any business management course, the first and one of the most recurrent assignments that you will get is a business management case study. For more than ten years, My Assignment Services has seen a gradual increase in the number of such case studies that students are facing. This is because we believe that through a case study assessment answer, professors get the opportunity to evaluate how well a student has command over the concepts in business management. Thus, in this blog, our business management assignment help experts will be briefing you about the assignment of the week, which is, Luvuyo Rani Silulo Utholo Technologies Business Management Case Study. Through this blog, you will get an idea of the main requisites for this assessment as well as other similar kinds of assignments. So, let’s begin.

Luvuyo Rani Silulo Utholo Technologies Case Study

In business management, most of the information is already conveyed in the case studies. What you need here is an analytical mind to get hold of the most important details. Before we proceed with the questions that you need to answer for this Luvuyo Rani Silulo Utholo Technologies Case Study, let us look at the case study first. luvuyo rani business management case study As you can see, the case study has all the background information about Luvuyo Rani. Highlighting all the vital aspects of this business management case study, our business management assignment help experts now approach the questions which are as follows: entrepreneurial skills of a business manager For the first part of the first question, we underline 5 entrepreneurial characteristics that contribute to the success of a business. As per our writers, these are:

  1. Self-discipline
  2. Integrity
  3. Persistence
  4. A clear sense of direction
  5. Decisive and action-oriented

Elaborating upon these traits, we answer the first question. Coming to the second part, our business management assignment help experts identify the economic system under which Silulo Utholo technologies operates. Once, we get to know the system, we use examples from the case to explain the same. In the third part, we consider various business formats to analyse the partnership within the chosen business organisation. These are:

  1. Organisation
  2. Liability
  3. Style of management
  4. Steadiness

Now, let us see the second question.

3 challenges faced by business managers For the fourth part of this question, we exhibit all our knowledge in the concepts in business management and recapitulate three challenges that every entrepreneur has to overcome in his journey. Based on the Luvuyo Rani Silulo Utholo Technologies Case Study, the challenges that Luvuyo Rani had to overcome are:

  • Cash flow management
  • Capital
  • Marketing strategy

Analysing these challenges, our business management assignment help experts used various effective methods to overcome these. Explaining those methods and relating them with the scenario of the organisation, we explain the role of entrepreneurship and small businesses in the economy as a whole.

Let us consider the next question now,

Question 5: The umbrella concept of corporate social responsibility recognises three points. Describe the three points and give practical examples of what Silulo Utholo Technologies could do to make sure that they comply with all three points. For this question, we first defined corporate social responsibility. Thereafter, we identify the three points under this as follows:

  • Community development
  • Environment
  • Human rights

Using practical examples from the given case study, our business management assignment help experts demonstrate that the organisation complies with all the three points that corporate social responsibility cover. importance of stakeholders engagement The next concept centres around engaging with the stakeholders. The purpose of this engagement is to enhance the business value and retaining the relationships with clients. After discussing the importance of stakeholder engagement, we mention some of the benefits that the company will have after engaging with the stakeholders.

Let us look at the next question now.

Question 7: Luvuyo Rani had to apply for a bank loan to purchase stock and a vehicle. Using the four C’s to evaluate the loan application, evaluate whether the bank should have given him the loan. To answer this, our business management assignment writers mention the 4 C’s of credit that every bank looks into before approving any loan. These are:

  • Character of the borrower
  • Capacity to repay
  • Capital asset of the business
  • Collateral securities

Explaining each of these aspects, we answer whether the bank will approve the loan that Luvuyo Rani has applied for or not. macro-environment factors associated with business organisations Coming to the next question, our business management assignment help experts identify and analyse four macro-environment factors that impact Silulo Utholo technologies. These are:

  • Demography
  • Economy
  • Culture
  • Technology

Thereon, we explain each of these macro-economic factors in the context of the given Luvuyo Rani Silulo Utholo Technologies Case Study. Though there are several other questions for this case study, we could only incorporate some of them in this short blog. If you require us to help you with the entire assignment solution for this file or any other similar kind of files, then what you need to do is just ping us all the requirements of your assignment. We will get back to you with the complete solution for your reference.

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About the Author

Charles Hill

Charles Hill

Charles writes blogs and articles for students who are facing problems with their management assignments. His articles have been featured on several websites. He has contributed to the academic enhancement of students from the University of New South Wales, Central Queensland University, Edith Cowan University, etc. He joined the team of My Assignment Services as a consulting expert and now is a full-time academic help provider. His expertise in the field of management covers topics like leadership management, human resource management, business management and several others. His blogs focus on solving the most complex of the queries and simplifying the processes.

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