1006GBS/GBS106: Why Money Matters Assessment Item Company Analysis

WOOLWORTHS VERSION 1

This version is to be completed by students whose surnames start with M to R

Completing the wrong version of the assignment will result in 0 marks.

This assessment is designed as an authentic assessment activity. As such, it enables students to apply and further develop the skills learnt in the relevant modules of the course to evaluate the financial position and the overall performance of a real company within its industry. This assessment is also designed to reflect student performance for Assurance of Learning purposes for the program learning objective (PLO): Effectively communicate with diverse audiences through a variety of modes and media.

Instructions – read these carefully!

• Use a new Word At the start of your Word assignment document, insert your name (Surname, Given Name), and your student number.

• In your Word document, type in your answers in addressing each question. Label questions numbers, e.g., Economic Analysis QA), QB), … in presenting your answers. There is no need for you to re-type the questions.

• Assignment must be submitted as a word doc. or docx. Assignment submitted as a pdf. or any other file will not be accepted.

• Please refer and adhere to word limits for your answers as specified in each of the questions.

• Students must use their own words when presenting relevant information taken from the provided annual report, instead of just copying and pasting.

• Students would use approximately 3 to 4 references for this assignment. This includes the annual report provided. A reference list is to be presented in the last page of the assignment document.

• Students can either use Harvard or APA7 referencing style.

• Students must submit the completed work through the submission link provided under Assessment 2 folder in the Learning@Griffith course site.

• You are required to keep a hard copy of your submitted assignment to re-submit in case the original submission is lost for some reason.

IMPORTANT: As this is an individual assessment item, students must work on their own and present their individual assignment submission. Use of Generative Artificial Intelligence (AI) Tools is not permitted for this assignment. If found to have cheated, your submission would receive a mark of zero for this assessment item. University uses text-matching tools to detect academic cheating, collusion, and plagiarism.

Scenario: You have recently secured your first employment working as a junior analyst for the market research division of the Woolworths Group. Your division supervisor is about to present to the board of the shareholders governing the Group. He has asked you to refer to the company’s latest annual report (i.e., Woolworths Annual Report 2022) and other relevant sources as required. Your supervisor has given you a task to present a written analysis in evaluating the performance of the company from different perspectives by addressing all the tasks listed below.

Economic Analysis

2023. Businesses and individuals are sensitively influenced by the fluctuation in interest rates. Briefly define what a cash rate is. Which institution is responsible in setting the target cash rate in Australia? Describe the recent trend in the cash rate as set by the institution. Specifically, discuss if the target cash rate in Australia had changed (if any) between the months of May 2022 to June 2023. Present evidence to support your answer by referring to the relevant source within the institution website. Moreover, briefly describe how this change in the cash rate may overall affect the financing cost for the Woolworths Group.

1. In light of the change in the cash rates you discussed in QA) above, specify the term used to define the stance of the monetary policy that has been taken by the institution. In using an appropriate drawing of money demand and money supply diagram, explain the process that the institution will undertake in implementing such policy. Further, briefly describe what would be the impacts of the policy implemented to the relevant and various macroeconomic measures of the economy.

Note: To avoid ambiguity, please use ‘Profit for the period’ figure for ‘Net Profit’

Executive Summary

Your division supervisor is a very busy person. In order to further assist him, write a (200 words max) executive summary that gives a clear and concise summary of the key points you discussed in your responses or analyses for all of the questions you just completed.