BSB119: Global Business- Change in GDP- Foreign Market- Report Writing Assignment

Internal Code: TV522

Report Writing Assignment:

Task: (a) Drawing conclusions from socio-economic data. (12 marks) Task: The below table shows socio-economic data of two fictitious countries. From the perspective of a business considering the possibility of undertaking business in these countries, consider what the data could mean and present three conclusions. Each conclusion should compare both countries using at least two variables. (b) Construct a timeline graph for percentage change in GDP. (3 marks) Task: You will be informed regarding the two countries you are required to analyse for Assessment Item #2 (Country Analysis Report). Using the EIU database and Excel, construct a timeline graph of the % Change in GDP for these two countries for the years 2012 to 2022. Note: The EIU Database is available through the QUT Library website. Search for the relevant information using the database, export the required data to Excel and construct a timeline graph. Give your graph a title, label both axes and include the source of your data (if you are a new user of EIU, there are instructions provided on Blackboard). (c) Foreign market entry mode - licensing (5 marks) Task: A successful small Australian firm that specialises in tech-based products is considering either to export its products to foreign markets or to license its technology to foreign businesses. Explain the meaning of licensing as a foreign market entry mode and compare the benefits and risks of licensing against exporting.