Identify the financial and ICT issues for key business functions.
Appraise and recognise use of corporate governance and ethics within a business context.

TASK 1 (1250 Words):
“Creativity concerns the use of imaginative thought, leading to new ways of seeing things and may result in innovative solutions to a problem or the initiation of a change. Technology is often used in the process of creativity
and creating”. Kelly, P. & Ashwin, A. (2013).
1. Assess the impacts of innovation and technology and how it has affected the sales, profits and growth of one of the following companies.
(45 marks)
a. Royal Mail PLC
b. Lloyds Bank PLC
c. Glencore PLC
d. Kainos PLC
e. Avast PLC

2. Presentation, referencing and grammar (5 marks)
Total (50 marks)

ASSESSMENT CRITERIA
• Knowledge and understanding of technological innovation.
• Understanding of the relationships between innovation and economic
development.
• Abilities to appreciate the role of technological change in economic
progress.
• Identify the financial and ICT issues for key business functions.
POINTS TO CONSIDER:
1. Demonstrate your understanding of innovation, and the role of technological
change in economic progress.
2. A brief overview of your chosen company, and practical illustrations of how
innovation has impacted the sales, profits and growth of your chosen company.
READING LIST
1. Morrison, J. (2017) The Global Business Environment, (4th edition), Palgrave.
2. Needle, D. (2015) Business in Context, An Introduction to Business and Its
Environment, (6th edition), Cengage Learning.
3. Boddy. D. (2016) Management An Introduction, (7th edition), Pearson Press.
4. Please visit the web site of your chosen company for its annual report and
other necessary information.

In addition to the recommended textbooks and the website of your
chosen organisation, you are expected to read other textbooks and
journals for your research