Business Economics
Write an essay reflecting on a variety of economic concepts/theories that impact an organisation: Rio Tinto. International Mining Company.
Business Economics
Write an essay reflecting on a variety of economic concepts/theories that impact an organisation RIO TINTO (International Mining Co.).
Economic Theory:
Supply and Demand
Elasticity
Economic Efficiency and Market Failure
Profit Maximising and Competitive Market
Monopoly and ACCC (Australian Consumer Competition Committee)
Monopolistic Competition
Macro Economics an introduction
Aggregate Demand and Aggregate Supply
Fiscal Policy
Word Count:
2500 (including 400 words in Executive Summary)
THE ASSIGNMENT:
1. Executive Summary
The name and brief background of company.
The economic concepts and theories that form the basis of the critical economic analysis of past and current performances of the company.
The key strategic issue the company faces and options to address the issue.
The conclusion of the analysis.
Propose recommendation/s to address the key strategic issue and implementation measure.
400 words
(6 marks)
2. Background information on company.
Provide companies name and background details.
Integrate relevant economic terminology and concepts to set the scene for following analysis.
Sets the scene for following analysis.
(3 marks)
3. Critical Analysis using economic concepts.
Uses economic theory (incorporating graphs/data/relevant calculations) to critically analyse past performance of the firm and the market it operated in.
Uses economic theory (incorporating graphs and relevant calculations) to critically analyse current performance of the firm and the current market it operates in.
Relates to the market the company operates in and incorporates internal and external analysis findings as relevant.
(12 marks)
4. Reflections and key strategic issue.
Based on the critical analysis reflect on what was learnt what was confirmed and what remains puzzling.
The key strategic issue the firm faces now or in the near future is clearly stated. It relates to and emerges from the critical analysis.
(8 marks)
5. Analysis of options to address key strategic issues.
Clearly proposes 2 options (clear & different) that could be implemented to address the key strategic issue using economic theory.
Evaluate both options outlining the benefits to the company (incorporating graphs/data/relevant calculations).
Assesses the assumptions made when evaluating both options. Evaluate the impacts of the firm of implementation either option should any assumptions prove to be incorrect.
(12 marks)
6. Conclusion and recommendation/s.
Draws a conclusion from the analysis.
Provides clear insightful recommendation/s to address the identified key strategic issue.
Outlines important practical implementation measures.
(4 marks)

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Technology Presentation Rubric

You will be creating a presentation of technology. This project is meant to
help give you experience in front of a group and with presentation
software. I suggest you choose something you are interested in already or
something that is relevant to your future career. In engineering, you will
need to present ideas and concepts to large panels of people.
Create a 8-12 minute (YOU WILL LOOSE 5 POINTS FOR EVERY MINUTE
UNDER TIME) Power Point, Prezi, or Google Slideshow including:
 Choose product or system that interests you: Steam power, the
electrical grid, telecommunications, space exploration, flight,
prostatic limbs, vaccinations, cameras, make-up etc…
 List 5 important innovations over at least a 50 year span. 100% (Each
innovation is worth 20%. More than 5 innovations is great but you
still have to complete in time. You can get a 5% BONUS on the
grade for an additional innovation within time)
 Why is this innovation important to society at large? 4%
 Who discovered or created it? 4%
 Why did they do this? 4%
 How did they do this? 4%
 Include pictures, diagrams, and other elements. 4%

You must cite your work by including at least the URL or name or written
work. This is not worth credit towards the assignment (because you
should always give credit to your sources) but you will be deducted 10%
on the overall grade if it is not present.

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To provide about 10-12 sentence answers of each questions which clearly demonstrate your understanding of the question. I uploaded the readings at https://www.4shared.com/account/home.jsp#dir=Z-zyld6r

1) What do all melodies have in common and what are the terms that Western musicians use to define the structural elements of every melody?
2) What are some of the ways that the meaning, roles, and function of music differ markedly from culture to culture and what is the basic definition of music? Why must music be understood in reference to the society in which it arises?
3) Draw and discuss the purpose and usefulness of the circle of fifth and how it relates to all music as well as the overtone series.
4) Define the term rhythm. Include in your discussion the difference between pulse and meter and discuss and define free rhythm and polyrhythm.
5) What are some ways that music helps to create and maintain community and why is music often an important component of religious ritual?
6) How can music be an object of memory? What are some of the processes that musicologists and performers can use to reconstruct “broken” musical traditions?
7) What is enculturation? Discuss the many ways in which musical tradition is learned. What is musical transmission?
8) Discuss and notate the chromatic scale. What are the important elements in its construction. Name at least one important piece of music that features a chromatic scale.
9) Tell everything you know about Tuvan music including who the Tuvan are, where they live, why the horse is important to them and how their music is unique.
10) What are the important things to consider when trying to recreate music from early times, the 14th-16th century for example.

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3. The following information was extracted from the books of Garioch Manufacturing plc
for the year ended 31 December Year 8.

£000
Inventory (Stocks) – 1 January Year 8:
Raw Materials 20
Work in Progress 35
Finished Goods 15
Purchases:
Raw Materials 160
Finished Goods 70
Purchase Returns – Raw Materials 15
Carriage in on Finished Goods 2
Wages:
Production 95
Warehouse 30
Factory Repairs 10
Factory Rates 12
Royalties 52
Advertising 8
Salaries 44
General Expenses 24
Lighting and Heating 20
Insurance 17
Factory Machinery (at cost) 120
Vehicles (at cost) 50
Provision for Depreciation at 1 January Year 8:
Factory Machinery 20
Vehicles 10
Trade Receivables (Debtors) 22
Bad Debts 5
Sales Revenue (Sales) of Finished Goods 640
Sales Revenue Returns (Sales Returns) of Finished Goods 20
Selling Expenses 4

NOTES AT 31 DECEMBER YEAR 8:
1 Inventory (Stocks):
Raw Materials £22,000
Work in Progress £26,000
Finished Goods £19,000
2 Production wages payable (due) £5,000.
3 Lighting and Heating and Insurance are to be apportioned between the Factory
and the Office in the ratio of 3:2 after taking into account receivable (prepaid)
insurance of £2,000.
4 The salaries are to be apportioned between the Factory and the Office in the
ratio of 3:1.
5 The Factory is to be charged with 75% of the General Expenses with the
remainder being charged to the Office.
6 Depreciation per annum is to be provided for as follows:
• Factory Machinery – 20% of the reduced balance.
• Vehicles – 10% on cost – vehicles are used 80% for delivery of finished
goods and 20% for the factory.
7 Production of finished goods for the year amounted to 100,000 units. These are
to be transferred to the warehouse at their market value of £4·60 per unit.
(a) Prepare the Manufacturing Account for the year ended 31 December Year 8
using the relevant information.
(b) Prepare the trading section of the Income Statement (Trading Account) for the
year ended 31 December Year 8.
(c) Explain how the Manufacturing Profit is treated in the Financial Statements.

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inferential techniques within EXCEL to analyse business data.the work must be done in excel but you have to transfer everything over to word. Make sure you present your findings in Word in a nice format. The last page or two of the assessment brief explains this in detail.
I will take care of Coursework 1 where I need to do a computer based test. Your task is only to take care of CW2. I will upload guidelines as well as the assessment brief of this module. There you can find the instructions for CW2 beginning from page 8 if you have any questions please let me know many thanks for your help may god bless you regards dardan
Data Analysis Report Coursework 2: 60% weighting o Assesses learning outcome 1 and 2 o This comprises the application of descriptive and inferential techniques within EXCEL to analyse business data
For CW2 the assignment you are asked to calculate several statistics such as the mean the variance or draw several graphs such a stem and leaf diagram a dot plot etc.
For full marks it is not enough to simply give me the numbers EXCEL calculates for you or to simply give me the graph. You need to be able to explain what the mean is what the variance is and why we use them etc. This has to be done for all calculations and graphs. Explain what they are and why we use them.
For example lets say you calculate the mean to be 50. If you simply write Mean = 50 in the assignment you will not be awarded full marks. You need to be able to explain what the mean is why we use it what are its advantages and disadvantages and then tell me the number 50. You may also discuss what this 50 actually means.
The point I would like to make is that I would like to see that you understand thoroughly what each measure is and why we use it and what kind of information it provides.
The reason you will not be awarded full marks for a simple Mean=50 is that the calculations are being done by Excel so in essence by simply relaying that information you are not showing any signs of learning.
In short write as much as you can. There is no word limit.
My apologies for this but a fellow student asked me how I would like to receive the results of CW2 since the work is in Excel.
Yes the work must be done in excel but you have to transfer everything over to word. Make sure you present your findings in Word in a nice format. The last page or two of the assessment brief explains this in detail.
In short do your calculations in Excel but present everything in a nice formatted way in Word. This is what expected by your future employers a nice readable summary of your findings.

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