This assessment will evaluate your performance against the following course learning objectives:
Show clearer understanding and knowledge of hard and soft approaches and how they can be used to deal with complexity and system behaviour in a business context.
To develop knowledge and skills in systems analysis and business process modelling.
Demonstrate an understanding of how to model a business system and to develop a solution to solve a business system problem.
Develop an awareness of the importance of system approaches in management interventions.
Model, analyse and design various organisational and engineering systems across a range of organisations.
Many of you have had experience of playing Monopoly board game in the past. For this assignment you are asked to look at this game from a systems thinking perspective. You are required to build a system model which describes the dynamics of the real estate system in the Monopoly game, compare it with the Real Estate sector in real world and analyse the differences. You can include recommendations for “upgrading� the rules of the game to make it more realistic. You may choose to focus on a context of a particular country, taxation of real estate or other aspects of the industry.
You can do this in any way you want, although we strongly recommend that you build a causal loop diagram. In addition to the model, you are required to submit a narrative explaining your model and analysing the differences with the real system (2,500 words limit).This assessment will evaluate your performance against the following course learning objectives:
1. Show clearer understanding and knowledge of hard and soft approaches and how they can be used to deal with complexity and system behaviour in a business context.
2. To develop knowledge and skills in systems analysis and business process modelling.
3. Demonstrate an understanding of how to model a business system and to develop a solution to solve a business system problem.
4. Develop an awareness of the importance of system approaches in management interventions.
5. Model, analyse and design various organisational and engineering systems across a range of organisations.
Many of you have had experience of playing Monopoly board game in the past. For this assignment you are asked to look at this game from a systems thinking perspective. You can play this game with your friends or find an online version by following the link hereLinks to an external site.. You are required to build a system model which describes the dynamics of the real estate system in the Monopoly game, compare it with the Real Estate sector in real world and analyse the differences. You can include recommendations for “upgrading� the rules of the game to make it more realistic. You may choose to focus on a context of a particular country, taxation of real estate or other aspects of the industry.
You can do this in any way you want, although we strongly recommend that you build a causal loop diagram. In addition to the model, you are required to submit a narrative explaining your model and analysing the differences with the real system (2,500 words limit). Please refer attachment as per custom instructions.