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BE Assignment Brief

This document outlines an assignment for a consulting firm selection process. It provides 3 activities for candidates to complete reports on: 1) analyzing a firm's microeconomic environment, 2) the role of government in a firm's macro environment, and 3) applying economic theories to trade globalization. It also lists the learning outcomes and assessment criteria for the assignment.

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Amal Hameed
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© © All Rights Reserved
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Download as DOCX, PDF, TXT or read online on Scribd
23 views

BE Assignment Brief

This document outlines an assignment for a consulting firm selection process. It provides 3 activities for candidates to complete reports on: 1) analyzing a firm's microeconomic environment, 2) the role of government in a firm's macro environment, and 3) applying economic theories to trade globalization. It also lists the learning outcomes and assessment criteria for the assignment.

Uploaded by

Amal Hameed
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Global applied knowledge

Assignment Brief

ASSIGNMENT TITLE
SCENARIO or Case Study:
You are in the second selection stage in a bid to be employed as a consultant in an Economic
Consultancy Firm. You have been tasked by the selection team to write a report in a bid to find
out if you were the right person to be employed.
You are to write a report on the behaviour of organisations and governments through substantive
micro and macro-economic theory and policies and apply these to current and past events that
have had a significant economic impact on the world.

ACTIVITY ONE
The recruitment team want to establish your level of understanding of microeconomics and the
influence of market power in the market that their firm operates in. They have asked you to
prepare an initial report looking critically analysing the organizations microeconomic
environment.
ACS 1.1, 1.2, 1.3, 1.4, 1.5, 2.1, 2.2, 2.3, 2.4
ACTIVITY TWO
The team have read your initial report and are quite pleased with it and you have been
shortlisted for the third stage of the selection process. They now want to test your
understanding of the macroeconomic environment of the firm. You have been tasked to write a
second report on the role of the government in the macro environment of the firm.
ACS 3.1, 3.2, 3.3, 3.4
ACTIVITY THREE
The recruitment team are very happy with your performance thus far and you have progressed to
the final stage in the selection process. The team is trying to test your knowledge on economic
integration. As such, you are been asked to write a report that illustrates your ability to apply
economic theories to the globalisation of trade
ACS 4.1, 4.2, 4.3, 4.4

Learning
outcome

LO-1

Learning outcome

Understand
microeconomic theory
relating to markets

Assessment
criteria

In this assessment you will have the opportunity to


present evidence that shows you are able to

1.1

Explain the economic problem of


scarcity and resource allocation
Explain how equilibrium in a market is
achieved
Evaluate the importance of differing
market systems

1.2
1.3

Activity

1
1
1

Global applied knowledge


Assignment Brief

1.4
1.5
Understand the impact of
market power on an
economy

2.1
2.2

LO-2

2.3

2.4

LO-3

Understand the role of


government in the
macroeconomic
environment

3.1

3.2
3.3
3.4

LO-4

Be able to apply
economic theories to
the globalisation of
trade

4.1
4.2

4.3
4.4

Evaluate the role of opportunity costs


in determining how economies make
decisions
Assess the importance of elasticity in
market interactions
Explain the implications of pricing and
objectives on a business firms
operations
Compare how prices are set in different
market structures
Analyse how a firms behaviour is
affected by:
their market structure
operations
Evaluate the impact of regulation on
market power in given situations
Analyse how the structure of an
economy has changed in the 21st
Century giving the arguments for this
change
Evaluate the tools available to meet
macroeconomic policy challenges
Evaluate the success of a governments
policies in achieving macroeconomic
objectives
Evaluate the economic performance of
an economy in the global market
Demonstrate the theory of comparative
advantage using relevant illustrations
from emerging economies
Justify
the
advantages
and
disadvantages of free trade for
development using appropriate case
studies
Analyse the impact of emerging
economies on the developed economies
Evaluate the impact of recent domestic
and global economic shocks to the
economy

1
1
1
1
1

1
2

2
2
2
2
3

3
3

Global applied knowledge


Assignment Brief

INSTRUCTIONS AND INFORMATION FOR LEARNERS

The assessment tasks are designed to assess your achievementof all four of the Learning Outcomes and
associated assessment criteria for a pass in the Business Environment unit of the qualification you are
undertaking.

Your tutor will advise you when you should start work on the assignment, the date when you must hand
in your completed work and when you can expect to get your mark and feedback on your work.

You should plan your work carefully to ensure the fulfilment of all four learning outcomes of the
assignment, and complete it within the time limit specified.

Your statements in answer to the Learning Outcomes need to be prefixed with the specific Learning
Outcome title or at least the Learning Outcome number. This will help you keep on track and should
ensure you address the details.

You must make sure that you acknowledge any sources you have used to complete this assignment,
listing reference material and web sites used.

You must submit your work as hard copy with a TurnItin report with less than 15% of similarity index.
You should mark the assignment with your name, learner number, the unit number. You may include a
title page if you wish. You are strongly advised to keep a copy of your completed assignment before you
submit it for assessment - the copy you submit will not be returned to you. Your assignment may be kept
by the Institute for quality assurance purposes.

The assignment result will be published onGBS Moodle.

If your assignment is assessed as referred, you will be notified with an indication of the areas to be
addressed. You may resubmit an assignment, or submit a new assignment, on further occasions, should
it falls under school policy, during your period of registration as an Institute learner with Edexcel.

If there is anything in these instructions or in the assignment itself which you do not understand, please
seek guidance from your tutor.

Global applied knowledge


Assignment Brief

Grade Descriptors for Pearson BTEC Level 5 HND Diploma in Business

Merit grade

Descriptors

Indicative characteristics

For learners to achieve


a Merit they must:

Learners must demonstrate that:

Identify and apply


strategies to find
appropriate solutions

Select/design and apply


appropriate
methods/techniques

Present and
communicate
appropriate findings

An effective approach to assignment planning, study and


research is in evidence
Considered evaluations and judgements, using evidence, have
been made
Complex problems with a number of variables have been
considered
A range of relevant theories and research approaches have
been included
Relevant theories and techniques have been applied to the
case study
A range of different sources of information have been used
The selection of methods/techniques of analysis and use of
source material have been justified
The design of methods/techniques have been justified
Complex information/data has been synthesised and
processed
The written assessment is coherent, shows logical
development and a sound understanding of theories, concepts
and research evidence
The written assessment demonstrates that an appropriate
structure and approach has been used
The written assignment demonstrates a writing style
appropriate for audiences both familiar and unfamiliar with
the subject.
The written work is clearly written and technical language has
been accurately used

Global applied knowledge


Assignment Brief

Distinction grade

Distinction descriptors
For learners to achieve a
Distinction they must:
Use critical reflection toevaluate own
work andjustify valid conclusions.

Indicative characteristics
Learners must demonstrate that:

Take responsibility formanaging and


organising activities.

Demonstrateconvergent/lateral/creati
ve thinking.

Conclusions have been arrived at through


synthesis of ideas, evaluation of research
evidence and have been justified
The validity of results has been evaluated using
defined criteria
Realistic and informed recommendations have
been proposed against defined characteristics for
success
The written assignment shows excellent
planning, is organised coherently and is clearly
expressed
Independence of thought and gathering of
research material has been demonstrated
Material used has been clearly understood and
well organised
The importance of stakeholder influence and the
relationship between national and global
environments has been recognised and addressed
There is evidence of self-generated ideas with
evaluation
Convergent and lateral thinking have are evident
in the written assignment
Creative thinking is evidenced with unfamiliar
material.
Problem-solving is in evidence
Innovation and creative thought are in evidence
Receptiveness to new ideas is evident
Ideas have been generated, evaluated and
informed decisions/ recommendations are made
in the Report

Global applied knowledge


Assignment Brief

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