MNP3703 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 - DUE 12 September 2024

MNP3703 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 - DUE 12 September 2024 ; 100% TRUSTED Complete, trusted solutions and explanations. For assistance, Whats-App 0.6.7-1.7.1-1.7.3.9. Ensure your success with us... Question 1 The Cox Supplier Relationship Model is based on two theories – the Transaction-based theory (TBT) and the Resource-based theory (RBT). Using the model, analyse the elements of the RBT - corporate architecture, innovation, and reputation - to demonstrate its contribution to Caterpillar Inc. (CAT) and Barloworld Equipment’s competitive advantage within the industrial equipment and services industry, particularly in the context of their operations in southern Africa. (3 marks) Rubric: EXCEEDS STANDARD (3 marks) MEETS STANDARD (2 marks) BELOW STANDARD (1 mark) UNSATISFACTORY (0 marks) Question 1 Analyse the elements of the RBT - corporate architecture, innovation, and reputation to demonstrate its contribution to their competitive advantage within the industrial equipment and services industry. Clearly demonstrates the contribution of the RBT elements to the competitive advantage of CAT and Barloworld Equipment within the industrial equipment and services industry, specifically in their operations in southern Africa. OR Discusses theory and provides specific examples from the case study, illustrating in great detail how the contribution adds to the partnership's strengths in each element, giving them a competitive edge. Discuss all RBT elements that contribute to CAT and Barloworld Equipment’s competitive advantage, but is not specific to the industrial equipment and services industry. OR Discuss all RBT elements that contribute to CAT and Barloworld Equipment’s competitive advantage, but is not fully specific to their operations in southern Africa. Discuss all RBT elements and how it relates to CAT and Barloworld Equipment, but lacks understanding of the competitive advantages it poses for these organisations OR Mention the level that both CAT and Barloworld Equipment invest in the relationship, but do not provide relevant examples from the case study. OR Does not discuss all three elements: corporate architecture, innovation, and reputation. Discusses the Cox Supplier Relationship Model not focussing on the theory of RBT and without application to the case study. OR Discusses the elements of the RBT without application to the case study. OR Provides irrelevant information related to the RBT elements’ contribution to the competitive advantage that CAT and Barloworld Equipment devote to their relationship. OR No answer is provided. OR The question has been flagged for unethical conduct (e.g. AI generated) or as plagiarised. Question 2 There are six aspects to consider when a partnership is evaluated. Assess the strategic effectiveness of the partnership between Barloworld Equipment and Caterpillar Inc. (CAT). Focus on how these aspects have contributed to their success in the industrial equipment and services industry, particularly within the context of their operations in southern Africa. (6 marks) Rubric: OUTSTANDING STANDARD (6 marks) EXCEEDS STANDARD (5 marks) MEETS STANDARD (4 marks) PROGRESSING STANDARD (3 marks) DEVELOPING STANDARD (2 marks) BELOW STANDARD (1 mark) UNSATISFACTORY (0 marks) Question 2 Assess the strategic effectiveness of the partnership between Barloworld Equipment and Caterpillar Inc. (CAT). Demonstrates a thorough understanding by providing specific examples from the case study for each of the six aspects. Explains the role of each of the six aspects in a partnership in full, but does not evaluate each of the aspects to show the strategic effectiveness of their partnership. Demonstrates an understanding of the six aspects, but lacks a comprehensive application to Barloworld and CAT. Discuss the six aspects, but not how it relates to the partnership between CAT and Barloworld. The focus is not on the contribution to their success in the industrial equipment and services industry, and/or specific to their success in southern Africa. Identifies each of the six aspects, but does not provide detail from the case study for each aspect. OR Discuss the six aspects, but not how it relates to the partnership between CAT and Barloworld. OR Discuss fewer than the six aspects. Mention the six aspects, but provides minimal information or explanation on each aspect. OR Mentions the six aspects, but not how it relates to the partnership between CAT and Barloworld. OR Mentions the six aspects, but not how it added to the partnership between CAT and Barloworld’s success. Lists the six aspects, but does not attempt to apply it to the case study. OR Provides irrelevant information related to six aspects when a partnership is evaluated. OR No answer is provided. OR The question has been flagged for unethical conduct (e.g. AI generated) or as plagiarised. Question 3 Discuss how CAT’s understanding of Barloworld’s needs and expectations has influenced its operational and strategic decisions. Consult two additional academic sources to verify that a seller's perception of a buyer's expectations is important to consider while developing a partnership. (6 marks) ** Academic sources can be verified in sources such as: peer-reviewed journal articles, published books, dissertations, conference papers and publications on websites of reputable professional organisations. ** ** Non-credible sources are not reliable or trustworthy and may include: blog posts of authors or organisations that do not have expertise in the subject field; biased or based on opinion; questionable evidence (e.g sources without citations); inconsistent information; questionable publishing platforms; and sources which allows open-editing (such as Wikipedia). Rubric: OUTSTANDING STANDARD (6 marks) EXCEEDS STANDARD (5 marks) MEETS STANDARD (4 marks) PROGRESSING STANDARD (3 marks) DEVELOPING STANDARD (2 marks) BELOW STANDARD (1 mark) UNSATISFACTORY (0 marks) Question 3 Discuss how CAT’s understanding of Barloworld’s needs and expectations has influenced its operational and strategic decisions. Demonstrate an educated understanding of how CAT effectively understands Barloworld's needs and expectations, providing specific examples from the case study and research. OR Analyse how this understanding goes beyond Explain how CAT’s understanding of Barloworld’s needs forms CAT’s actions and decisions in the partnership. OR Explains the impact of CAT’s decisions on the success of the partnership with clear examples from the case study and Describe CAT's understanding of Barloworld's needs and expectations, mentioning general examples from the case study , but does not display verification with research. Acknowledge that CAT's understanding of Barloworld's needs has influenced its decisions, but provides limited detail or examples. OR The answer is not well-connected to the success of the partnership. Describe how CAT's understanding of Barloworld's needs has influenced its decisions, but only provides a very brief or unclear explanation. OR Does not demonstrate an understanding of the role of the supplier’s perception in a successful Mention only one aspect of operational or strategic decisions or makes a general statement about the importance of a seller’s perception without any elaboration. OR Mentions only one aspect of understanding buyer needs. OR Does research in non-credible sources, not academic sources (refer to instructions). OR Provide irrelevant information related to the decisions that CAT took without considering Barloworld’s needs and the influence it may have had. OR No answer is provided. OR The question has been flagged for unethical basic contract terms and highlights CAT's proactive efforts to provide support and resources accordingly. AND Did research in two credible sources and referenced it in-text and/or in the list of references. research. AND Did research in two credible sources and referenced it in-text and/or in the list of references. partnership. OR Mentions only one aspect of effective communication or makes a general statement about information sharing. OR Did research in one credible source and referenced it in-text and in the list of references. OR Did research in two credible sources, but did not reference it in-text and/or in the list of references. Does not demonstrate an understanding of the concept of aligning decisions with buyer needs. OR Did research in one credible source, but did not reference it in-text and/or in the list of references. conduct (e.g. AI generated) or as plagiarised. Question 4 Conduct research on the various sources of external change, including: A) Political (2) B) Economic (2) C) Social (2) D) Technological (2) E) Legal (2) F) Organisational (2) Evaluate two specific changes from each source over the past three years that has impacted the relationship between Caterpillar Inc. (CAT) and Barloworld Equipment. (12 marks)