Assignment: Applying French and Ravens Bases of Social Power: A Powerful Solution
There have been many stories throughout history of leaders who have been corrupted by their power. The very definition of leadership as a process by which an individual influences the group to achieve a common goal (Northouse, 2019, p. 5) implies the power to exert influence. Leaders must exert power in order to lead, but they must also strive to understand the complexities of power. Research by French and Raven (1959) and by others (Burns, 1976; Neck & Manz, 1994) provides insight on the types, or bases, of power available to a leader, the process of choosing among those bases, and the motivations for leaders choices (Northouse, 2019, p. 387). Recent researchers (Barbuto & Warneke, 2014; Vevere, 2014) also explore the effectiveness of using individual bases of power in particular situations and the effects certain bases of powers have on leaders and those they lead. Armed with this information, leaders can avoid utilizing certain bases of power when the choice may lead to negative consequences. They can instead choose to wield power in ways that will foster organizational success. Understanding the bases also gives both leaders and followers insight into situations they observe and difficult interpersonal interactions they negotiate.

To prepare for this Assignment, consider Case Study 7.1, His Team Gets the Best Assignments on pages 352-354 of Northouse (2019).

By Day 7
Submit a 3-page analysis of the case study. In your analysis, do the following:

Identify two of French and Ravens bases of power in the case study, and explain how leaders can use these bases of power to exert influence.
Explain how you might use your knowledge of French and Ravens theory to resolve one of the problems presented in the case study. Justify your response.
Note: Be sure to use the APA Course Paper Template (6th ed.) to complete this Assignment. Also, refer to the Week 4 Assignment Rubric for specific grading elements and criteria. Your Instructor will use this rubric to assess your work. Please Note: For each page of your paper, you must include a minimum of two APA-formatted scholarly citations.

Submission and Grading Information
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Professional paper

Reference with citation

Business Finance is often associated with the maximisation of shareholder wealth and consideration of other stakeholder perspectives. Investors are constantly concerned about the future returns available and investment appraisal techniques have evolved to try and determine future outcomes from potential investments to assist management in decision making.

You are required to critically evaluate the different methods of investment appraisal and consider if these methods are suitable for an ever changing business environment and whether they meet the needs of both investors and the wider stakeholder community.
You should use examples to illustrate your points and a wide range of support from academic literature is also expected.
Your response should be in the form of a written report of between 1,500 and 2,000 words.
This assignment covers the following module learning outcomes:

Critically analyse the role of finance in modern business
Understand the conceptual framework of finance
Understand the range and application of techniques used for capital investment appraisal

Professional paper

Reference with citation

You need to submit your Mid-Module Assignment before the end of Unit 4.

Assignment question

Read the case about Ryanair (pp. 622 – 632 in the core text) and then answer the following four questions, which carry equal weightings:

Q1. Based on the information provided in the case and from wider reading, conduct a formal Strategic Capabilities analysis of Ryanair using the framework shown in Table 4.1 on p98 of the core text. Put the raw analysis in an appendix and, based on the output of this, explain the resources and capabilities that Ryanair possesses that are distinctive as opposed to threshold.

Using Table 4.2 on p108 of the core text as a framework, conduct a VRIO analysis of the distinctive resources and capabilities that you have identified above to establish which of these provide Ryanair with competitive advantage. Put your raw analysis in an appendix and, based on this, answer the following two questions:

Q2. What resources and capabilities have provided Ryanair with competitive advantage?

Q3. Explain the extent to which Ryanairs resources and capabilities can be imitated

Q4. How can Ryanair manage its resources and capabilities using the ideas of sustainable competitive advantage and dynamic capabilities?

You may find the papers by Barney and Teece et al in the reading list for Unit 3 helpful.

Your response should be in the form of a written report of between 1,500 and 2,000 words.

Assignment Guidance

Use a report format with headings to show which part of the question you are addressing
Each part of the question carries equal marks – i.e. 25% each
You should conduct wider reading as the case contains only limited information about Ryanair
If you do not conduct formal analysis using the appropriate strategy tools you will struggle to gain a good grade because you will not be able to demonstrate your understanding of how the tools can be used to objectively assess a firms current situation or how it might determine what direction it needs to take in the future
The learning outcomes for this assignment are:

Demonstrate comprehensive knowledge of the nature of strategy and its importance in an organisational context.
Express a holistic comprehension of the core principles of strategic management.
Display critical analytical and problem-solving techniques in appropriate business contexts, with the capacity to present conclusions professionally.
Display firm understanding of the importance of the strategic intent, purpose and culture in determining organisational effectiveness.