Unit Code – HI5003
Unit Title – Economics For Business
Marketing Criteria – HI5003 Economics for Business Assignment – HOLMES INSTITUTE FACULTY OF HIGHER EDUCATION
Assignment Specifications
This HI5003 Economics for Business 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:
- A description of your company and the industry your company
- An analysis of the market structure the industry
- A discussion about the demand and supply conditions for your product(s) or service(s).
- A discussion about the demand elasticity for your product(s) or service(s)
- An analysis of a recent event that has (or is likely to have) substantial impacts on your industry/sector.
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With the advancement and rapidly evolvement of science and technology, some of the advanced technologies have been proceeding such as multi-nozzle rapid prototyping (MNRP), magnetic adsorption of cells, decellularization of matrix cells which making the bioartificial area more and more attractive day by day.
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This is not enough, cultural barrier such as language, ethnicity, emotional and religion sometimes play a central role in decision making of organ donation-Surgical MutilationPublic awareness concerning brain death conceptA common misapprehension of brain death conceptReligion facilitiesSocio- culture belief or having a desire to burnt and completely reborn without any missing organDon’t have any idea on who to maintain and secure the positioning of a brain dead personDynamics decision making at a time of organ donationNegative publicity and adverse media consequencesUnavailability of trained transplant coordinatorsSince the demand for organs has been spur, even if their technology is advance and organ transplant could be done with zero per cent stress, organs shortages will be huge problems.
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