Economics for Business | My Assignment Tutor

HI5003 Economics for Business HOLMES INSTITUTEFACULTY OFHIGHER EDUCATION Group Assessment Details and Submission GuidelinesTrimesterT1 2021Unit CodeHI5003Unit TitleEconomics for BusinessPurpose of theassessment (withULO Mapping)i. Students are required to work in groups of 4 members to choose anindustry/Sector of their choice. While working in a specific group, studentsare required to apply their knowledge learned in the course unit to writean industry/sector report (Learning Outcomes 1, 2, 3, 5).ii. Also, students may choose to work as individual. In this regard, contact theUnit Coordinator specifying that you are working on your GroupAssignment as INDIVIDUAL and not group.iii. Finally, students should form their respective groups in the BB asINDIVIDUAL or GROUP of: 2 members or 3 members or 4 members,maximum.See Assignment Specifications for detailed requirements ASSESSMENTTYPE/TitleWEIGHTLEARNINGOUTCOMESWordLimitDue dateWritten FinalsubmissionGroup/ Individualmark40%1, 2, 3, 53000See Guidelines belowTotal40%1,2,3,4,5See Guidelines belowSpecific presentation and final assignment submission guidelinesSubmissionGuidelines(40 marks)All work must be submitted on Blackboard by the respective due date along with acompleted Assignment Cover Page:Final industry research submission(i) Due date: Week 10, Mid night Friday, May 28, 2021(ii) Final submission research paper on you sector or industry should not exceed 3000words(iii) The assignment must be in MS Word format, single spacing, 12-pt Arial font and 2 cmmargins on all four sides of the page with appropriate section headings and pagenumbers.(iv) Reference sources must be cited in the text of the report, and listed appropriately atthe end in a reference list using Harvard referencing style.(v) Penalties apply for late submissions.(vi) Students in a group are required to participate equitably in the group assignment andthat students are responsible for the academic integrity of all components of theassignment. You need to complete the following table which identifies whichstudent/students are responsible for the various sections of the assignment Page 2 of 9HI5003 Economics for Business Assignment Section Student/StudentsName Reg. No. Signature1.2.3.4.The table on the previous page (Page 1) needs to be completed and submitted with theassignment as it is a compulsory component required before any grading is undertaken. Assignment SpecificationsPurpose:This assignment aims to enhance students’ research and analytical ability through the application of theireconomics 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) or services 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.Note*: The structure content is not limited to the items listed above. Creativity for a better reportstructure is a key requirement.Detailed requirements of the assignmentYou 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 theprevious 5-10 years. Second, you are required to present a company strategy to your Management Boardcovering the next 5 years. Third, your Management Board requires that you make a presentation of yourfindings and strategies, and you prepare a 3000-word market report. The market report should, as aminimum, address the following key issues: (i)(ii)(iii)(iv)(v)A description of your company and the industry your companyAn analysis of the market structures the industryA discussion about the demand and supply conditions for your product(s) or service(s).A discussion about the demand elasticity for your product(s) or service(s)Analysis of a recent macroeconomic event that has affected your industry/sector and Australia. Note:i. if your company has many products and/or services, you can select a representative product/serviceto discuss for points (2); (3); (4); and (5).Page 3 of 9HI5003 Economics for Businessii. This report should provide useful information for your company’s Management Board. It should usea variety of resources, including the textbook, newspapers, industry reports, the ABS website, andother sources.iii. Furthermore, your report should include headings and sub-headings. It needs to be properlyreferenced using the Harvard style and at least 5 references.Australia sector/ industry selection distribution1. Agriculture sector: livestock and meat industry2. Agriculture: Floriculture industry3. Agriculture: fresh foods industry4. Automotive industry5. Aviation Industry6. Beverages Services7. Construction services- Infrastructure and heavy construction8. Construction Services-Institutional and commercial building9. Construction Services-Renovation services10. E-commerce11. Education University and tertiary institutions12. Education: Early Childhood-Primary Education13. Education: Nursery and Education care sector14. Education: Private Schools education sector (Primary and secondary)15. Education: Private Technical and Further Education (TAFE) sector16. Education: Public Schools education sector (Primary and secondary)17. Education: Public Technical and Further Education (TAFE) sector18. Entertainment: Live performance industry19. Entertainment: recorded entertainment and cinema industry20. Finance: foreign exchange bureau services market21. Finance: Superannuation services22. Financial services –Banking sector23. Financial services -Insurance Services24. Financial services -Tax consultants and audit firms25. Fishing26. Forestry27. Games and sports28. Hair and beauty29. Health Care services- Laboratory and diagnostic care services30. Health Care services- Private Health services31. Health Care Services-Dental care services32. Health Care-Disability services33. Healthcare services- Home care and Aged Care Services34. Internet services- Social networks or websites35. Internet services- Online forums36. Internet services37. Information: land line telephone communications38. Labour industry39. Leisure and hospitality: Marine tourism and charter vessels40. Leisure and hospitality: Cruise services41. Leisure and hospitality: Fast foods42. Leisure and hospitality: Hotel and Accommodation services43. Leisure and hospitality: Tour and Travels services44. Leisure and hospitality: Tourism and heritage sites45. Mannequins and modelling46. Manufacturing sectorPage 4 of 9HI5003 Economics for Business47. Media and Entertainment- cinematography48. Media and Entertainment- Radio services49. Media and Entertainment-Music, dance and drama services50. Media and Entertainment-Television services51. Mining: Coal mining52. Mining: Gem and other natural resource industries53. Mining: Oil and gas industry54. Mining: Other minerals55. Petroleum exploration56. Pharmaceutical industry57. Postal and Warehousing Professional58. Property market, Rental, Hiring and Real Estate Services59. Publishing industry60. Quarrying industry61. Quaternary sector: Computing and ICT (information and communication technologies)62. Quaternary: Research and design (R&D)63. Quaternary: consultancy (offering advice to businesses)64. Racing industry65. Real Estate66. Recreation/ Hotel and restaurants67. Retail trade68. Scientific, Technical Services and Architectural services69. Telecommunication services – Mobile cell trade services70. Telecommunication services- Mobile phone manufacturing71. Telecommunication Services-Mobile phone repair services72. Textile industry73. Transport –Private bus services74. Transport Services-Private-for-hire Vehicle (non-rail) Industry75. Transport Services-Public bus services76. Transport services- Train services77. Utilities: Electricity supply services78. Utilities: Gas supply services79. Utilities: Water and Waste Services80. Utilities: Water, sewerage and drainage services81. Warehousing82. Whole sale trade83. Wine industryNote: (i)(ii)(iii)(iv)(v)Two groups must not research on an identical industry or sectorThe combination selected will be first come basisSend email to your Unit Coordinator for approval of the topicSectors/Industry selected will be posted in form of weekly basis announcementFollowing (i) and (iv), before choosing a combination check to identify that the Sector orindustry not identified before seeking approval. Page 5 of 9HI5003 Economics for BusinessREFERENCING GUIDFELINESHolmes has adopted a revised Harvard approach to referencing. The following guidelines apply:i. Reference sources in assignments are limited to sources which provide full text access to thesource’s content for lecturers and markers.ii. The Reference list should be located on a separate page at the end of the essay andtitled: References.iii. It should include the details of all the in-text citations, arranged alphabetically A-Z by authorsurname. In addition, it MUST include a hyperlink to the full text of the cited reference source.For example;P Hawking, B McCarthy, A Stein (2004), Second Wave ERP Education, Journal of InformationSystems Education, Fall, All assignments will require additional in-text reference details which will consist of thesurname of the author/authors or name of the authoring body, year of publication, pagenumber of content, paragraph where the content can be found.For example;“The company decided to implement a enterprise wide data warehouse business intelligencestrategies (Hawking et al, 2004, p3(4)).”Non Adherence to Referencing GuidelinesWhere students do not follow the above guidelines:1. Students who submit assignments which do not comply with the guidelines will be asked toresubmit their assignments.2. Late penalties will apply, as per the Student Handbook each day, after the student/s have beennotified of the resubmission requirements.3. Students who comply with guidelines and the citations are “fake/incorrect” will be reported foracademic misconduct.STUDENT ASSESSMENT SUBMISSION AND LATE PENALTIESTo be eligible to pass this unit, you must complete all forms of assessment and demonstrateachievement of the learning outcomes. All assignments must be submitted electronically ONLY usinga word processor, uploaded to Blackboard via the Final Check and Submission of SafeAssign.Submission deadlines are strictly enforced and a late submission incurs penalties of 5 (five) % of theassessment value per calendar day unless an extension and/or special consideration has been grantedby the lecturer prior to the assessment deadline. Unless an extension and/or special consideration hasbeen granted, no assessments are accepted after 14 calendar days of the due date, or the end of thetrimester for assessments due later in a trimester. Students need to allow up to 24 hours for the FinalCheck of their assignment submission to SafeAssign to be available.Group Assessment PlanAn effective way for students to learn economics is through participation in a Group AssessmentProject. This project is designed to accomplish effective learning.During the course of the semester, each of the elements of your Group Assessment, may be reviewedby your Lecturer.Page 6 of 9HI5003 Economics for BusinessGroup Communication toolsFile Exchange tool:All the academic papers that are used in the assignment need to be posted on BB by using File Exchangetool. Students need to highlight the discussion in the academic paper which is relevant issues relatedto the assignment. Academic papers can be found in ProQuest (ProQuest instruction can be found inpage 6. Assignment will be marked ZERO if does not include references list.Group Blog:All the discussion about group assignment needs to be recorded by using Group Blog tool. Thediscussion must relevant to the content of the assignment and reflects the outcome of the groupmeeting.How to do group assignment – InstructionGroup toolsYour instructor chooses which communication and collaboration tools are available to your group. Ifyou want to use a tool but don’t find on your group’s page, ask your instructor to enable it. ToolDescriptionFile ExchangeGroup members and instructors can share files in this area. All members canadd and delete files, regardless of who added them.Group BlogIn the group area, all members of a group can create entries for the same blogand build on each entry. All course members can read and comment on a groupblog, but they can’t make posts unless they are members of the group.Instructors can choose to grade group blogs. All group members receive the samegrade.Group JournalIn the group area, all members of a group can view each other’s entries. Onlygroup members and instructors can view a group journal. Instructors canchoose to grade group journals. All group members receive the same grade.Send EmailGroup members can email individual members or the entire group. Exchange files with a group With file exchange, you can share files with other members of your group, including yourinstructor. You can’t create folders in file exchange. With your group, decide how you want to name files sothat they are easier to locate in a long list.Add a file to the file exchange (i)(ii)(iii)(iv)Group Tools > File Exchange > Add FileAdd a name for the file you want to upload. Browse for the file and submit.Delete a file from the file exchangeYou can delete any file, even if you didn’t upload it. On the File Exchange page, select Deletein the file’s menu. Group BlogAll the group members can discuss about the assignment by using Group Blog. Once you areallocated in a group, you can see this function.Group > Group Tools > Group Blog > Create Blog EntryProQuestTo loginGo to: > Login > ProquestUSERNAME: holmes2004 and; PASSWORD: holmesPage 7 of 9HI5003 Economics for BusinessProquest TipsHI5003 Economics for Business___________________________________________________________________________________________________Marking Rubric CriteriaExcellent (>=80%)Very good (70-79%)Good (60-69%)Satisfactory (50-59%)Unsatisfactory (=80%)Very good (70-79%)Good (60-69%)Satisfactory (50-59%)Unsatisfactory (


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