Reference no: EM132528608 , Length: word count:2500
HI5003 Economics for Business Assignment - Holmes Institute, Australia
Purpose of the assessment (with ULO Mapping) -
(i) 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.
(ii) Also, students may choose to work as individual. In this regard, contact the Unit Coordinator specifying that you are working on your Group Assignment as INDIVIDUAL and not group.
(iii) Finally, students should form their respective groups in the BB as INDIVIDUAL or GROUP.
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 (Optional)
Introduction
Introduction to the company
Industry/sector background
The market structure of the industry/sector
Factors that influence demand for the company's product(s)
Factors that influence supply of the company's product(s)
Elasticity
Impacts of an event on the industry/company
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 covering the next 5 years. Third, your Management Board requires that you make a presentation of your findings and strategies, and you prepare a 2,500 word market report. The market report should, as a minimum, address the following key issues:
1. A description of your company and the industry your company
2. An analysis of the market structure the industry
3. A discussion about the demand and supply conditions for your product(s) or service(s).
4. A discussion about the demand elasticity for your product(s) or service(s)
5. An analysis of a recent event that has (or is likely to have) substantial impacts on your industry/sector.
Note: 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).
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.
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. Accommodation and Food Services
2. Agriculture sector: livestock and meat industry
3. Agriculture: fresh foods industry
4. Automotive industry
5. Aviation Industry
6. Banking and superannuation services
7. Building and construction
8. Construction services
9. Education University and tertiary institutions
10. Education: Early childhood and education care sector
11. Education: Schools education sector (Primary and secondary)
12. Education: Technical And Further Education (TAFE) sector
13. Energy Utilities Industry
14. Engineering and architectural services
15. Finance foreign exchange market
16. Financial services -Banking sector
17. Financial services -Insurance Service
18. Fishing
19. Forestry
20. Gasoline supply services
21. Health Care and Social Assistance
22. Healthcare services
23. Information: internet, radio and television communication
24. Information telephone communications
25. International trade
26. Labour industry
27. Leisure and hospitality
28. Manufacturing sector
29. Media and Entertainment
30. Metals and Mining Industry
31. Petroleum exploration
32. Postal and Warehousing Professional
33. Private-for-hire Vehicle Industry in Public Transit
34. Property market, Rental, Hiring and Real Estate Services
35. Public Transport-Train services
36. Recreation/ Hotel and restaurants
37. Retail and consumer goods business
38. Scientific, Technical Services and Architectural services
39. Services industry
40. Tourism
41. Utilities: Electricity and Gas services
42. Utilities: Water and Waste Services
Attachment:- Assignment File - Economics for Business.rar