21 Jun IDENTIFY THE IMPACT OF THE BUSINESS PRACTICES ON STAKEHOLDERS
Analyzing the Lush Cosmetics business through Undercover Boss TV series. It needs: – Identify areas of successful business practice – ify the areas of uIdentnsuccessful pratice – Identify the impact of the business practices on stakeholders -Describe the organisational culture of Lush Cosmetics -evaluate the management and leadership styles -Evaluate the rewards and incentives based on motivation theories – Evaluate any other relevant aspects of management -Make recommendations based on three areas of unsuccessful practice which is identified – Classify recommendations as short, medium or longterm – Apply the SMART technique to evaluate recommendations -compare recommendations with recommendations made by the undercover boss and apply theory to comparative analysis -critique the undercover boss method of evaluating business practice -recommend other processes for uncovering problems, and issues within an organisation rather than the undercover boss method.
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