Highlights
Task:
Assessment 1: Written Assignment (Individual Assignment)
Scenario Development
You have recently been employed as an Economic Analyst at a multinational company, ABC Trading Limited, based in London. ABC Trading Limited is a household essentials company that focuses on producing and distributing household essentials across the United Kingdom and the European region. ABC Trading Limited also provides training and technological development and support services in the food market. ABC Trading Limited does not have any operations or business in Asia, Africa or America.
ASSESSMENT BRIEF OUTLINE
Assessment 1: Written Assignment (Individual Assignment)
Scenario Development
The Board of Directors of ABC Trading Limited are concerned about the current changing economic environment’s impact on ABC Trading Limited’s business. The Board of Directors would like to have an economic analysis report to understand the implications of the United Kingdom decision to leave the European Union and the Covid-19 pandemic on the food market to make the appropriate critical management and investment decisions.
ASSESSMENT BRIEF OUTLINE
Assessment 1: Written Assignment (Individual Assignment)
Scenario Development (Learning Outcomes 1-4)- contd
The Chief Economic Analyst Officer has requested you to evaluate the economic risks posed to the ABC Trading Limited by developments in the national and European Union’s economy. You have been instructed to provide a report to the Board of Directors explaining the current economic environment in the United Kingdom and the European Union.
ASSESSMENT BRIEF OUTLINE
Requirement Summary
1. Executive Summary (5%)
1. Summary of assessment objective and the structure of the report
1. The objective is to provide an economic consultant report on the impact of two economic shocks on the food market.
1. Brexit
2. Covid-19
2. Introduction (10%)
1. Provide a background of the company (scenario outline)
2. Household essential multinational company
3. Identify the sector of the scenario company
1. Primary (extractive)
2. Secondary (manufacturing or service)
4. Outline the benefit of providing an economic consultant report
5. State the relevant economic indicators- GDP, National Income, unemployment, Inflation in relation to the food market.
ASSESSMENT BRIEF OUTLINE
3. Economic Analysis in the United Kingdom (25%)
1. General economic outlook of the United Kingdom (emphasis on the food market)
1. GDP, Inflation, unemployment and trade balance
2. Evaluate the Covid-19 impact
3. Evaluate the Brexit impact
4. Economic Analysis in the European Union (25%)
1. GDP, Inflation, unemployment and trade balance (food market)
2. Evaluate the Covid-19 impact
3. Evaluate the Brexit impact
ASSESSMENT BRIEF OUTLINE
5. Possibility to expand the market beyond the European Union (20%)
1. What other economies have good market potential for household essentials (food market) outside of the European Union
1. Use import measure as an indicator to advise on this expansion
2. Consider transportation and technology needed to facilitate this expansion
6. Conclusion and Recommendation (10%)
1. Summary of the findings and discussions
2. Recommendations on either to expand or improve European trade
1. Build from the impact of Brexit and Covid-19 on GDP, trade and Household demand
7. Overall structure and presentation of report (including proper referencing and academic writing) (5%)
1. Harvard referencing style
2. Titled figures and the source
3. Use Times New Roman, Font size = 12, spacing 1.5 or 2
4. Grammatical errors (to it very minimum)- proofread your work
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