Economics for Business Assignment

Reference no: EM132416776

Assignment Specifications

Topic - Public Transport Victoria

Company Report

Tasks: Selected sector/industry is Public Transportation in Australia.

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

Reference no: EM132416776

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