BUSM38816 – Business and Government in the Global

Assignment Topic:

Globalisation has, so far, generated significant Economic Growth globally and improved human rights while contributing to economic inequality and environmental decay. The government has been in a precarious situation to deliver its responsibilities while grappling with the prioritisation of its activities and maintaining a balance between the interests of the people and those of its corporate citizens. Drawing evidence from your home country, or a country in which you have worked or studied at, please respond to the following questions:
1. How has the impact of globalisation been on the country of your choice in terms of economic development, industrialisation and export growth?
2. How has the ‘Triple Bottomline’ of Sustainable Development been affected by the advent of globalisation?
3. How should businesses in your chosen country respond to growing risks and uncertainties in the current global business environment?

Key Assessment Criteria:

  • Level of mastery of the subject matters
    • Overall quality of analysis, dept h of reflection/thinking in terms of the key themes and issues raised in the question
    • Appropriate structure (logical sequence; transitions between parts; well-developed paragraphs)
    • Quality, relevance and sufficiency of references
    • Format and presentation including clarity of expression and grammar, and correct format of in-text citations and list of references

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ECO100G4-Economic Principles

Marking Scheme:
The total marks for Portfolio A assessment is 40. This assessment is worth 20% of your overall assessment.
There are no part marks awarded for each question and it is either a pass of fail., i.e., 0 or 1; 0 or 2; 0 or 3; 0 or 4.
Work with your fellow students:
While we strongly encourage you to work with your fellow students, you must submit your OWN work in your OWN words. If we find significant overlap between two answers, then both students fail that question. Don’t share completed answers with others.
For those who do not wish to use the tools available in Word to draw your diagram but instead preferred to insert a pre-drawn graph into the document as a picture/snapshot, you are allowed to do so.
Please note that in the event that you encountered technical difficulties in submitting your work online, you are to contact your unit convenor immediately to avoid the late submission penalty.
Referencing for the written assessment:
If you are using the textbook or the lecture notes to answer questions you do not need to reference this but you do need to use your own words – not exactly what is in the text or replacing only a few words in the paragraph and treating it as your own! If you are using something other than the text or the lecture notes, then in-text citation and a reference using a reference list will be required.
You are to submit your Portfolio ONLINE through Turnitin by the due date. Failure to do so will incur a penalty: marks will be deducted at a rate of 1% each working day (i.e., Monday to Sunday and a maximum of 5% for up to a week after the deadline). Any Portfolio submitted beyond one week after the deadline will be awarded a zero. There is no procedure for extension. Penalties for late submission (i.e., up to 7 days from the deadline) may be waived if you are seriously ill or encountered serious family emergency. You must submit the appropriate documentation (i.e., medical certificate that give clear details of your sickness) within 3 days after the deadline together with your request to your unit convenor. The unit convenor and unit panel members will examine the appropriate document(s) and the student will be informed of the panel’s decision.
a)Which country has an absolute advantage in the production of hair dryer? Why?
b)Which country has an absolute advantage in the production of wheat? Why?
c)What is Philippines’ opportunity cost of producing one hair dryer? One bushel of wheat?
d)What is Thailand’s opportunity cost of producing one hair dryer? One bushel of wheat?
e)If each country specializes in the production of the product in which it has a comparative advantage, who should produce i) hair dryer ii) wheat?
2.The following schedule relates to a firm.
production schedule
c)Apart from the implementation of excise tax on cigarettes and banning smoking in public places, identify another way which the government can use to curb smoking? Explain your answer.

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ECO2K02 Microeconomics

At its meeting today, the Board decided to leave the cash rate unchanged at 1.00 per cent.
The outlook for the global economy remains reasonable, although the risks are tilted to the downside. The trade and technology disputes are affecting international trade flows and investment as businesses scale back spending plans due to the increased uncertainty. At the same time, in most advanced economies, unemployment rates are low and wages growth has picked up, although inflation remains low. In China, the authorities have taken further steps to support the economy, while continuing to address risks in the financial system.
Global financial conditions remain accommodative. The persistent downside risks to the global economy combined with subdue

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SOE11440 Marketing within the Global Economy

A major multinational corporation has appointed you as an economic advisor. You are requested to compile a report regarding the macroeconomic environment in two countries where the firm operates and explain how it might affect the company’s economic activity.

Project specifications

2. The two countries must be chosen from section C below as follows: one country from List 1 and one country from List.

Your report must include:

e. An analysis of the foreign trade policy instruments (international trade agreements) for the two countries and their impact on firm’s economic activity. You should include here an analysis of the exchange rates (Section D, indicator 8).

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ECO 550-Managerial Economics and Globalization

The Tariff, the Price Elasticity of Demand and the Impact on Company Profits In this week’s discussion your are going to be the CEO of a company.  In anticipation of the upcoming quarterly disclosure of profits, you prepare your Board of Directors for the challenge that US Tariffs on Chinese Imports is having on profits. Very Big US Auto – Very Big US Auto is one of the oldest and one of the largest auto manufacturers of auto in the US.  Very Big US Auto’s supply chain is highly dependent components manufactured in China and assembled in the US. Very Big US Auto knows that the price elasticity of supply is relatively inelastic and that then the price elasticity of demand which is1.2.

Now explain:

Is the demand curve for your product relatively elastic, inelastic or unitary elastic?  Demonstrate for your company’s product, by how much the quantity demanded will change if you pass on the 25% increase in cost from the tariff as a price increase for your product. In other words, show your calculation of the percentage change in the quantity demanded given a 25% change in the price.
Given your company’s price elasticity of supply and price elasticity of damand prepare a statement for your board as to the potential impact of profits.   Who will pay the the larger share of the tariff, your firm or your customers.

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Economics for Management

Question 1

(a) Nepal is a major exporter of textile and plastics. The following production possibility curve (PPC) represents the textile and plastics output of the economy, with various production bundles:
State if the following statements are TRUE or FALSE. Provide a short explanation for your answer.
(i) A decision to produce bundle D instead of bundle B will lead to an opportunity cost of 70 units of plastics.
(ii) Production bundle F is unattainable.
(iii) There is no difference between production bundles C and E in terms of resource utilisation.
(iv) Production bundle A can be attained with technological advancement.
(v) B, C and D represent efficient production bundles.
(vi) The shape of the PPC will not be concave if the textile output was plotted on the vertical axis and plastics output was plotted on the horizontal axis.
South Korea is one of the world
(i) A recent diplomatic row between Japan and South Korea had resulted in Japan restricting the exports of semiconductor materials used to produce smartphones to South Korea.
(ii) The trade war between the United States and China had led to a ban on China

Question 2

The table shows elasticity of demand for various items.
(a) If the organiser of the BlackyPink Kpop concert wishes to increase total revenue, explain the pricing strategy it can adopt. Use a diagram to illustrate your answer.
(b) If the median income in Singapore rose from $4,000 to $4,700, calculate the change in demand for air-conditioners.
(c) If the price of the related good to wireless headphones rises by 15%, calculate the change in demand for wireless headphones. Give an example of such a related good.

Question 3

Food blogger Danial Fries decided to act on his love for fast food by setting up his very own burger joint, the Shakey Shacky. The following table shows the output and cost of the burger joint.
(a)
(i) Find the missing variables in the table above. Show all working and label each variable correctly.
(ii) Identify one fixed factor and one variable factor of production.
(iii) Identify the point where the burger joint first experiences the law of diminishing marginal returns in production. Provide a brief explanation for your answer.
(iv) Assume that Danial
(b) Danial discovered that he could only sell each burger for $24. If he raised the price above $24, he would not have any customers at all.
(i) Identify the market structure for burgers and provide relevant justification.
(ii) Find the optimal number of burgers to be produced by Danial
(iii) Calculate the profit made based on the output in (b) part (ii).
(iv) Use relevant diagrams to illustrate and explain the long run profit of the burger joint.

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FIN60304 Personal Financial Planning

2) Analyze the impact of the China-United States Trade War on the Malaysia’s financial markets and economy.

Note:

Relying only on articles published in newspapers and magazines is NOT enough. You need to support your arguments with papers published in scientific journals. Use the theories and concepts discussed in the Financial Markets module as much as you can in the analyses.

Benefits of wise financial planning

Increased effectiveness in obtaining using and protecting financial resources.
Increased control of one’s financial affairs.Improved personal relationships.
Sense of freedom from financial worries.
Discuss some factors to consider when selecting a financial advisor in Malaysia.

Possess relevant licenseso

Capital Market Service Licensing Representative (SC)
Corporate Unit Trust Advisor (SC)
Financial Advisor Representative License (Bank Negara) – insurance is governed byBank Negara

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ECO5000- Total and Marginal Cost

Instructions

A cover page will go at the front of your assignment submission. It must contain the following information at a minimum: Name (in full), USQ student number.
The answer to each question shall have a maximum length of one (1) A4 page, font size 12.
Content which goes over the one page limit per question will not be marked.
Maximum length of your submission shall therefore be eight (8) pages.
References (if needed and up to a maximum of three) should be placed at the end of your answer to each question.
Each question shall be marked out of five (5).
Marking criteria (you will be judged on the following)
– Accurate calculation of the mathematical problem and a valid interpretation of the result.

Question 1

Suppose a manufacturing firm acquired a production technology that can be characterized by a learning curve. Every time the firm increase production by one unit, their costs decrease by 10%. The first unit costs them $284 to produce. Prepare a manufacturing cost table up to 15 units and calculate the total cost, marginal cost and average cost. If they receive a proposal to produce and sell 10 units, what is the break-even price? Now, what is the new break-even price for 12 units?

Question 2

Assume that the ‘marker pen’ market is competitive and includes no transaction costs. Twelve suppliers are willing to sell each pen at the following prices: $30, $29, $27, $26, $25, $23, $22, $20, $16, $15, $13 and $12. Twelve buyers are willing to buy one pen at the following prices: 6$, $8, $10, $12, $16, $18, $19, $20, $23, $26, $28 and $29. Draw the market equilibrium graph. What are the equilibrium price and quantity? If the price is $29, explain whether the market has excess demand or supply? [Hint: apply the law of demand and supply.]

Question 3

On Valentine’s Day, the price of roses increases by more than the price of chocolates and greeting cards. Why? [Hint: Consider what makes roses, chocolates and cards different and how that difference might affect supply’s responsiveness to price.]

Question 4

Discuss the basic differences between a competitive and a monopoly market. Which market has higher elastic demand in the long run and why?

Question 5

Explain the three basic strategies that the mining industry of Australia should implement to stay one step ahead of the forces of competition, internationally.

Question 6

Explain the effects of the AUD appreciation on:
(1) Exports of Australian goods, the price level of imported goods in Australia and tourism to Australia;
(2) Revenues of Australian financial institutions with South-east Asian trading subsidiaries in Japan (which earn profit in Yen).

Question 7

“People perceive how attractive the price of a consumer good is based on its distance from a reference price”- do you agree with the statement? Explain why or why not.

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ECO20014 Macroeconomic Policy

The purpose of this assignment is to improve students’ teamwork skills and understanding of macroeconomic reports prepared by international organisations.
The Organisation for Economic Co-operation and Development (OECD) is an intergovernmental economic organisation with 36 member countries. Macroeconomists at OECD analyse countries’ economic outlook and challenges (e.g. slow Economic Growthhigh unemployment rate, high inflation rate, budget deficit, trade deficits and housing boom). Based on their analyses, they offer macroeconomic policies to governments to tackle the issues. They also explain how these policies can improve macroeconomic performance of countries.

  1. What are the macroeconomic policy recommendations by the OECD analysers?
  2. Explain how each policy can tackle the issue? You must link the recommended policies to the theories that we will learn throughout the semester such as Classical Theory, Quantity Theory of Money, The Fisher Effect, Keynesian Cross, IS-LM Model, AD-AS model, Mundell-Fleming Model, Philips Curve and Ricardian Equivalence.
  3. The country I choose to do is Japan and have also attached the pdf of OECD analysers report on Japan

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BUS020C407A-Business Organisations in a Global Economy

Instructions for assessment
The coursework assignment requires students to submit a 2500 word report by the above deadline. The basis for the report involves students being allocated a country in which they need to provide an assessment of the business environment prevailing in that country. Another important feature of the report is that it should be focused around a particular business organisation. Therefore, the report should essentially provide an analysis of a specific organisation, of the student’s choice, that may be looking to expand its business activities in relation to the particular country that they have been allocated. The scenario to be considered should relate to a foreign direct investment (FDI) decision and could either be concerned with:
1) the establishment of a company in the allocated country;
2) an expansion of its current operations within the allocated country. In addition to the final report, students should also submit a two-page (maximum, using 12 point font) plan for their report by the start of week 7 (2pm on Monday 4th November), on which they will receive feedback, but this will not be part of the summative assessment.
Students will be randomly allocated a country (by drawing this from a container during the first seminar) that they should focus their report on. They will also be required to focus their report around a specific organisation. In particular, the report should be written from the perspective of a multinational company (of their own choosing) that is contemplating establishing or expanding their business operations in the country that they have been allocated. This could be viewed as a consultancy report for the company or one produced by a manager from the company itself. It is required that the report relates to an FDI. Thus, an example of a relevant scenario is a report based around the issues that would need to be considered by Waitrose if they were considering opening new stores in the United States. On the contrary, if the allocated country is Sweden, companies like IKEA or Volvo will not be valid options for the report.
Although it is not necessary to provide great detail on the current operations of the organisation that you have chosen in your allocated country, because it is essentially a hypothetical scenario, a certain amount of discussion on this is useful. Further information is available in an updated Frequently Asked Questions document on moodle. Students should have agreed with their seminar tutor which is the business organisation that they will base their report around by their seminar in week 4 at the latest (and ideally this should have been done by the end of week 3). Moreover, students are encouraged to discuss and confirm their choices of company with their seminar tutor as early as possible in the semester. No changes should be made to the specific organisation on which the report will be written after week 4, neither can changes be made to the country that was initially allocated. It is aimed that confirmation of the country and business organisation to be used in each student’s report will be posted on moodle during week 7. As a result, each scenario under consideration should be unique to a given student given that they will have chosen a business organisation that is of interest to them, within the context of the business environment that they have been allocated.
Marking and feedback process
Between you submitting your work (18th December 2019) and then receiving your feedback and marks (13th January 2019), there are a number of quality assurance processes that we go through to ensure that students receive marks which reflects their work. A brief summary is provided below.
Step One – The module and marking team meet to agree standards, expectations and how feedback will be provided.
Step Two – A subject expert will mark your work using the criteria provided in the assessment brief.
Step Three – A moderation meeting takes place where all members of the teaching and marking team will review the marking of others to confirm whether they agree with the mark and feedback.
Step Five – Your mark and feedback is processed by the Office and made available to you.
For students who are offered a resit, you are required to improve and resubmit your original work as well as adding a further reflective commentary discussing what you have learned from the process.
You must resubmit your work using the specific resit Turnitin link on Moodle. In particular, you should:
3. Include with your resubmission an additional reflective piece on what you understand was weak, how you set about addressing this and what you have learned from this that may help you with further assignments. You should address the following specifically:
i) Identify tutor feedback points on your original work and identify where/how the resit work has changed (give page number) in response to feedback;
ii) Identify the lessons you have learnt from doing the resit;
iii) Reflect on how your feedback and this process will help you improve future assignments.
If you did not submit your work at the first opportunity you cannot reflect on your feedback. However, you are still required to submit a reflective piece in which you identify your reasons for non-submission, the implications of non-submission for your future success and how you propose to address this in the future. If you have issues with confidentiality of your reasons for non-submission then you could reflect on how you have met the learning outcomes for the module, how you can use what you have done on the module to support your future career and what skills/employability attributes you feel the module has helped you to develop.

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