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Once an economy that was largely isolated from the rest of the world by distance, today Aotearoa/New Zealand can be considered a member of a global economy. Participation in that economy brings with it both challenges and opportunities. It is through examining the current situation that plans can be prepared to deal with the future.
1. Conduct a detailed SWOT analysis of New Zealand’s situation as a member of the global economy. You need to produce more than single line bullet points for this answer. An analysis that includes specific examples will produce better results than one containing only generic statements. The breakdown for mark allocation for each of the four parts of your analysis is shown below:
Analysis contains little relevant information or reference to appropriate literature/shows little understanding of the importance of points identified.
Analysis contains some relevant information or reference to appropriate literature/ displays some understanding of the importance of points identified.
Analysis contains significant relevant information or reference to appropriate literature/displays good understanding of the importance of points identified.
Make and buy information is shown in Figure C12.1. Internal production costs were obtained from manufacturing and cost accounting; information on the cost to buy was gathered from journals, historical pricing, supplier information, and engineering es..
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