Analysis of the market structure the industry

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Reference no: EM132552366 , 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.

Note: The structure content is not limited to the items listed above. Creativity for a better report structure is a key requirement.

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

Reference no: EM132552366

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