Student name:Assessor:Date:Business this assessmentis based on:Documentation reviewedas preparation:Job role:Stakeholders:Numeric/Financial data:BSCRT611PROJECT PORTFOLIO3
Section 1: Defining the complex issueProvide business overviewProvide an overview ofthe business, including:name of businessdescription of whatthe business does(e.g. key functions,vision)your job role withinthe business (or therole you’re assumingif you are basing thisassessment on thecase study).It is the Worlducator that provides tablets computer forstudent, mainly student in primary school all around theworld. The purpose is to assist their study and enhanceeducation. The company is aiming to assist children in theirstudy by providing ideal path of study experience throughartificial intelligence that has recorded the student studypatterns and other relevant information. The company visionis to create world of without illiteracy and it is the corebusiness of the company. They take some part of the salesto create new classroom for those that needed and connectthem so that they can grow together.I am part of the senior management in the company thattakes part in their business operational activities.Outline complex issueDescribe the complexissue associated with thebusiness, including:a brief outline of theissuewho the stakeholdersare and how they areassociated with theissueanalysis andpresentation ofnumeric and financialdata illustrating thecomplex issue (attachto this section of theportfolio)two objectives whenpursuing solutionsthree advantages ofsolving the issue.three risks involved inpursuing solutions.Complex issues that the company facing right now is:oThe world is facing pandemic outbreak of COVID-19which resulted in government restriction and newpolicy that led to closing of the company’smanufacturing facility.oChina and Hong Kong relations has reach highertension which affecting the political in Hong Kong andthe company concerned of possible changes in thecountry.Stakeholders related are: senior management, board ofdirectors, CFO.There are changes in the budgeted revenue due to the majorchanges in the situation. The targeted net profit reducedfrom $9 millions to $5 millions and the net cashflowsreduced from $5 millions to $3 millions. The major cause isbecause of the worldwide event.