Reference no: EM132992607
HI5003 Economics for Business
Students are required to work in groups of 4 members to choose an industry/Sector of their choice. While working in a specific group, students are required to apply their knowledge learned in the course unit to write an industry/sector report.
Assignment Specifications
Purpose:
This assignment aims to enhance students' research and analytical ability through the application of their economics knowledge learned in the course unit to compose a company report.
The recommended assignment structure for final submission is as follows:
- Table of content
- Executive Summary
- Introduction
- Company background
- Industry/sector background
- The market structure of the industry/sector
- Micro-economic and macroeconomic factors that influence demand of the company's product(s) or services
- Micro-economic and macroeconomic factors that influence supply of the company's product(s) or services
- Elasticity
- Recent macroeconomic event that affected the industry/company and, Australia
- Recommendations
- Conclusion
- List of References.
Detailed requirements of the assignment
You are a group of advisors to the Management Board in your company with Headquarters in Australia. As advisors you are first, required to conduct research on your selected sector/industry covering the previous 5- 10 years. Second, you are required to present a company strategy to your Management Board and to the Federal Government of Australia covering the next 5 years. Third, your Management Board requires that you make a presentation of your findings and strategies, and you prepare a 3000-word market report.
Note:
i. if your company has many products and/or services, you can select a representative product/service to discuss for points (2); (3); (4); and (5).
ii. This report should provide useful information for your company's Management Board. It should use a variety of resources, including the textbook, newspapers, industry reports, the ABS website, and other sources.
iii. Furthermore, your report should include headings and sub-headings. It needs to be properly referenced using the Harvard style and at least 5 references.
Australia sector/ industry selection distribution
1. Agriculture: Floriculture industry
2. Agriculture: fresh foods industry
3. Construction services- Infrastructure and heavy construction
4. Construction Services-Institutional and commercial building
5. Construction Services-Renovation services
6. E-commerce
7. Education University and tertiary institutions
8. Education: Early Childhood-Primary Education
9. Education: Nursery and Education care sector
10. Education: Private Schools education sector (Primary and secondary)
11. Education: Private Technical and Further Education (TAFE) sector
12. Education: Public Schools education sector (Primary and secondary)
13. Education: Public Technical and Further Education (TAFE) sector
14. Entertainment: Live performance industry
15. Entertainment: recorded entertainment and cinema industry
16. Finance: Superannuation services
17. Financial services -Banking sector
18. Financial services - Brokerage Services
19. Financial services -Insurance Services
20. Financial services -Tax and audit consulting
21. Hair and beauty services
22. Health Care services- Laboratory and diagnostic care services
23. Health Care services- Private Health services
24. Health Care Services-Dental care services
25. Health Care-Disability services
26. Healthcare services- Home care and Aged Care Services
27. Internet services- Social networks or websites
28. Internet services- Online forums
29. Internet services (other)
30. Information: land line telephone communications
31. Leisure and hospitality: Marine tourism and charter vessels
32. Leisure and hospitality: Cruise services
33. Leisure and hospitality: Fast foods
34. Leisure and hospitality: Hotel and Accommodation services
35. Leisure and hospitality: Tour and Travels services
36. Leisure and hospitality: Tourism and heritage sites
37. Mannequins and modelling
38. Manufacturing sector: Automotive industry
39. Manufacturing sector: Ship building
40. Manufacturing sector: food processing
41. Manufacturing sector: beverages soft drinks including brewed and bottled drinks
42. Manufacturing sector: beverages alcoholic drinks
43. Manufacturing sector textiles, leather, clothing and accessories
44. Manufacturing sector footwear and accessories
45. Manufacturing sector: Furniture and wood products
46. Manufacturing sector: pulp and paper products
47. Manufacturing sector: printing including small and large production runs
48. Manufacturing sector: metal and plastics manufacturing
49. Manufacturing sector: chemical manufacturing and processing including fertilisers, pesticides
50. Manufacturing sector: pharmaceutical, medicinal
51. Manufacturing sector: cleaning products, toiletries,
52. Manufacturing sector: cleaning products, toiletries,
53. Manufacturing sector: cosmetics, photographic and explosives
54. Manufacturing sector: machinery and equipment manufacturing including parts
55. Manufacturing sector: furniture and fixtures manufacturing
56. Manufacturing sector: Meat and meat products,
57. Manufacturing sector: Dairy products,
58. Manufacturing sector: Sugar and confectionery manufacturing,
59. Manufacturing sector: Fruit and vegetable processing,
60. Manufacturing sector: Bakery products,
61. Manufacturing sector: Oil and fat manufacturing,
62. Media and Entertainment- cinematography
63. Media and Entertainment- Radio services
64. Media and Entertainment-Music, dance and drama services
65. Media and Entertainment-Television services
66. Mining: Coal mining
67. Mining: Gem and other natural resource industries
68. Mining: Oil and gas industry
69. Mining: Other minerals
70. Petroleum exploration
71. Pharmaceutical industry
72. Postal and Warehousing Professional
73. Property market, Rental, Hiring and Real Estate Services
74. Publishing industry
75. Quarrying industry
76. Quaternary sector: Computing and ICT (information and communication technologies)
77. Quaternary: Research and design (R&D)
78. Quaternary: consultancy (offering advice to businesses)
79. Racing industry
80. Real Estate
81. Recreation/ Hotel and restaurants
82. Retail trade
83. Sea food industry
84. Scientific, Technical Services and Architectural services
85. Telecommunication services - Mobile cell trade services
86. Telecommunication services- Mobile phone manufacturing
87. Telecommunication Services-Mobile phone repair services
88. Textile industry
89. Transport -Private bus services
90. Transport Services-Private-for-hire Vehicle (non-rail) Industry
91. Transport Services-Public bus services
92. Transport services- Train services
93. Utilities: Electricity supply services
94. Utilities: Gas supply services
95. Utilities: Water and Waste Services
96. Utilities: Water, sewerage and drainage services
97. Warehousing
Attachment:- Economics for Business.rar
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