Research and analytical ability through the application

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Reference no: EM132787129

HI5003 Economics for Business

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.

Assignment structure
? 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:

(i) A description of your company and the industry your company
(ii) An analysis of the market structure the industry
(iii) A discussion about the demand and supply conditions for your product(s) or service(s).
(iv) A discussion about the demand elasticity for your product(s) or service(s)
(v) An analysis of a recent event that has (or is likely to have) substantial impacts on your industry/sector.

Australia sector/ industry selection distribution
1. Agriculture sector: livestock and meat industry
2. Agriculture: fresh foods industry
3. Agriculture: Floriculture industry
4. Automotive industry
5. Aviation Industry
6. Beverage Services
7. Building and construction services
8. Consumer services: Hairdressing
9. E-commerce
10. Education University and tertiary institutions
11. Education: Early childhood-Primary Education
12. Education: Nursery and Education care sector
13. Education: Schools education sector (Primary and secondary)
14. Education: Technical And Further Education (TAFE) sector
15. Energy Utilities Industry
16. Engineering and architectural services
17. Entertainment: Live performance industry
18. Entertainment: recorded entertainment and cinema industry
19. Finance: foreign exchange market
20. Finance: Superannuation services
21. Financial services -Banking sector
22. Financial services -Insurance Services
23. Fishing
24. Forestry
25. Games and sports
26. Gasoline supply services
27. Hair and beauty
28. Health Care and Social Assistance
29. Healthcare services- Home care and Aged Care Services
30. Health care-Disability services
31. Information: Broadcasting
32. Information: internet
33. Information: land line telephone communications
34. Information: Mobile telephone communications
35. Labour industry
36. Leisure and hospitality: Marine tourism and charter vessels
37. Leisure and hospitality: Cruise services
38. Leisure and hospitality: Fast foods
39. Leisure and hospitality: Hotel and Accommodation services
40. Leisure and hospitality: Tour and Travels services
41. Leisure and hospitality: Tourism and heritage sites

42. Mannequins and modelling
43. Manufacturing sector
44. Media and Entertainment
45. Mining: Coal mining
46. Mining: Gem and other natural resource industries
47. Mining: Oil and gas industry
48. Mining: Other minerals
49. Petroleum exploration
50. Pharmaceutical industry
51. Postal and Warehousing Professional
52. Property market, Rental, Hiring and Real Estate Services
53. Public Transport: Private-for-hire Vehicle (non-rail) Industry
54. Public Transport-Train services
55. Publishing industry
56. Quarrying industry
57. Quaternary sector: Computing and ICT (information and communication technologies)
58. Quaternary: Research and design (R&D)
59. Quaternary: consultancy (offering advice to businesses)
60. Racing industry
61. Recreation/ Hotel and restaurants
62. Retail trade
63. Scientific, Technical Services and Architectural services
64. Textile industry
65. Utilities: Electricity and Gas services
66. Utilities: Water and Waste Services
67. Utilities: Water, sewerage and drainage services
68. Warehousing
69. Whole sale trade
70. Wine industry

Attachment:- Economics for Business.rar

Verified Expert

This work has outlined important factors associated with the textile industry in Australia.Therefore, there has been sufficient analysis on the condition of the textile industry at present, and how far it has been affected by demand and supply factors. Further, there has been analysis on how covid 19 has influenced services. References have been made on Charles Parsons.

Reference no: EM132787129

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