Global business
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BSB119Assignment1_GuidelinesExamples_11.pptxBSB119 Global Business
First Assignment (20%)
Some Guidelines and Examples
Due: Week 5 - Friday, 29th of March by 11:59pm
Submission Method: Online (submission link will be available in the ‘Assessment 1: Case Study’ folder on Blackboard)
Word Limit: 1000 (+/- 10%) – Due to Part B being a graph with no word count, I consider this the word limit for Parts A and C in total
The purpose of this assignment question is to give you an opportunity to analyse country data and present conclusions that may be relevant from an international business perspective
Each conclusion should compare both countries using at least two of the variables from the table
Definitions are not required in your conclusions (eg. don’t waste time defining what is GDP or what is inflation)
The focus of your conclusions should be on how you would interpret and make sense of the given information for international business decision making
Each conclusion should be about 200 words
There will be a chance to practice this in your tutorial (Week 4 exercise)
1st assignment part A
Example 1
GDP refers to the value of production of goods and services within a nation’s borders. The table shows that GDP is similar for both countries. GDP per capita PPP is GDP converted to international dollars using purchasing power parity rates and divided by total population. The figure is higher in Country A than in Country B. The distribution of wealth in the two countries shows 55.6% of country A’s income being held by 20% of people; and in country B, 41.3% of income held by 20%. Gini coefficients are 0.55 and 0.34.
(Note: The above is not a conclusion. The person writing this is simply providing definitions and reproducing information given in the table. What is written here does not serve any useful purpose.)
Example 2
As seen in Table 1, the figures for overall GDP are similar for the two countries. However, the population difference accounted for through GDP per capita PPP ($US 43 000 and $US 8000 for Country A and B respectively) indicate on average the citizens of Country A are in a much stronger economic position than those of Country B. The distribution of wealth in the two countries (with 55.6% of country A’s income being held by 20% of people; similarly, country B with 41.3% of income held by 20%) and the Gini coefficients (0.55 and 0.34) indicate greater income inequality in country A. However, the higher GDP of country A infers their poorest 20% are still likely to be wealthier than most of the citizens of country B. A company selling luxury goods would be better off in Country A where citizens of the country are generally wealthier (particularly those who are in the top 20%), therefore have greater capacity to acquire discretionary goods. Conversely, a business selling inexpensive, non-discretionary items may be better off in Country B, where citizens need to be more prudent in their overall expenditure.
(Note: This second example is what a conclusion should be like. The person writing this is trying to make sense of the information provided while considering what this may mean from a business perspective.)
1st assignment part A
The purpose of this assignment question is to give you an opportunity to familiarise yourself with the library database (EIU Country Data) and to extract relevant information required to create a line graph…
To access the database: Go to www.library.qut.edu.au
In the ‘Databases and specialised search tools’ section, click on ‘Business’, then ‘EIU Country Data’
Included in the “Assessment #1” folder on Blackboard is a document with guidelines on how to use EIU Country Data as well as a video clip (make sure you go through these items before you do Part B)
1st assignment part b
1st assignment part b
Try this example: Construct a line graph for the % change in GDP per annum for Indonesia and Thailand for the years 2011-2021
% change in GDP per annum for Indonesia and Thailand
INDONESIA 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 6.1790000000000003 6.0259999999999998 5.5540000000000003 5.0060000000000002 4.8810000000000002 5.0179999999999998 5.2 4.3 5 5.0999999999999996 5.2 THAILAND 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 0.83499999999999996 7.181 2.6680000000000001 0.82699999999999996 2.8410000000000002 3.2 3.3 2.4 2.2999999999999998 3.5 3.2
This is a very straightforward question…
We covered international entry modes in the Week 2 lecture – refer to licensing and exporting
Answer the question (why may licensing be more appropriate than exporting for this business?)
You should provide a good discussion to show your understanding
Support your discussion with good references
This part should be about 250 words
1st assignment part C
