Professional Documents
Culture Documents
1. Name:Click here to enter text. Student ID#: Click here to enter text.
2. Name:Click here to enter text. Student ID#: Click here to enter text.
3. Name:Click here to enter text. Student ID#: Click here to enter text.
Answer all questions and address all of the requirements specified in the
Assessment Task?
Answer all questions and address all of the requirements specified in the
Assessment Task?
Competent
10. Properly format the report (title page, contents page, referencing)
Assessor Name
Harry Cukier
Assessment instructions
This task is a Multiple Choice Answer Questionnaire. Read the questions carefully and select the best
option by checking the box.
Answers to questions can be found in the resources delivered to you during class and through Moodle.
SAMPLE DATA:
17 18 20 21 23 24 25 27 27 30
d. Central tendency
Assessment instructions
Please read the following questions and provide a brief answer below.
You can use the workbook available in Moodle as your primary source of information when trying to
answer the questions. However, you must write your answer in your own words (otherwise, it may be
considered plagiarism).
4. Explain what PEST analysis is giving a brief example of each area in the analysis.
PEST Analysis is a simple and widely used tool that helps analyze the Political, Economic, Socio-
Cultural, and Technological changes in business environment. This helps to understand the "big
picture" forces of change that businesses can get exposed to, and, from this, take advantage of the
opportunities that they present.
Economic Factors to Consider Socio-Cultural Factors to Consider
How stable is the current economy? Is it What is the population's growth rate and age
growing, stagnating, or declining? profile? How is this likely to change?
Are key exchange rates stable, or do they Are generational shifts in attitude likely
tend to vary significantly? to affect what you're doing?
Are customers' levels of disposable income rising What are your society's levels of health,
or falling? How is this likely to change in the next education, and social mobility? How are these
few years? changing, and what impact does this have?
What is the unemployment rate? Will it What employment patterns, job market
be easy to build a skilled workforce? Or trends, and attitudes toward work can
will it be expensive to hire skilled labor? you observe? Are these different for
Do consumers and businesses have easy access different age groups?
Are there any new technologies that you could Who are the most likely contenders for power?
be using? What are their views on business policy, and on
Are there any new technologies on the other policies that affect your organization?
horizon that could radically affect your Depending on the country, how well
work or your industry? developed are property rights and the
Do any of your competitors have access to new rule of law, and how widespread are
technologies that could redefine their products? corruption and organized crime? How
In which areas do governments and are these situations likely to change, and
educational institutions focus their how is this likely to affect you?
research? Is there anything you can do to Could any pending legislation or taxation
take advantage of this? changes affect your business, either positively or
How have infrastructure changes affected work negatively?
patterns (for example, levels of remote How will business regulation, along with
working)? any planned changes to it, affect your
Are there existing technological hubs business? And is there a trend towards
that you could work with or learn from? regulation or deregulation?
Are there any other technological factors that How does government approach corporate
you should consider? policy, corporate social responsibility, Commented [U3]: Good answer
5. Give three examples of what Cultural Aspects mean when analysing international data.
From an international marketing perspective, you need to be aware of the culture of the country or
region that the organisation is targeting and recognise how this culture will potentially influence
marketing activities. Cultural aspect describes a people's religion, spirituality, economic, family and
community life, government, sports, foods, art, and other parts of their culture.
Latte
12 ounces of latte How much coffee in a cup?
serving temperature 150 F. Whats the perfect temperature to serve latte?
serving cup 7 inches in height How tall is latte cup?
cost $4.95 How much does it cost
160
140
120
83 million
100
95 million
Millions
80 88 million
101 million
60
110 million
40
123 million
20 135 million
0
2010 2011 2012 2013 2014 2015 2016
Year
Latte
robust aroma How would you describe the smell of latte?
frothy appearance Is the coffee flat of frothy?
strong taste Does it taste strong or weak?
It is one of a manager's best tools for determining whether the company is performing particular
functions and activities efficiently, whether its costs are in line with those of competitors, and
whether its internal activities and business processes need improvement. The idea behind
benchmarking is to measure internal processes against an external standard. It is a way of learning
which companies are best at performing certain activities and functions and then imitatingor
better still, improving ontheir techniques.
10. What could be an example that explains what Strategic Alliance is?
Strategic alliances can contribute to the success of a business and are beneficial when maintained
with efficient management. As defined in Global Business Today the term strategic alliances
refers to a cooperative agreement between potential or actual competitors for the benefit of all Commented [U4]: Good answer and competent for Task 2
companies concerned (Hill, et al., 2011). The overall concept of a strategic alliance is that it is a
relationship between two companies which allows them to create more value than they can on
their own. Strategic alliances are becoming increasingly important to the overall strategy of
companies as they can generate significant competitive advantage when they are used effectively.
They can occur through the form of formal joint ventures or short term contractual agreements
where companies agree to cooperate on particular tasks such as developing a new product. And
they can also be informal, for example a company may just seek to use the expertise of a similar
company or government agency to strengthen the businesses own capacities.
Spotify & Uber partnership is great example. The ability to enter a hired car welcomed by your
favorite playlist provides added value, meaningful competitive advantage and exclusivity for Uber
cars. For Spotify, it provides an incentive for users to upgrade to the premium level and a unique
point of difference that Pandora, iTunes or YouTube dont have.
Assessment instructions
Summary: In Task 3 you need to conduct research regarding international students studying in various
countries. Using statistical analysis, you will need to explain the variance in data across a period of 5 years.
You will need to explain the strong growth and decline of Indian international students studying in
Australia. Firstly, you will collect data. Secondly, you will create a report which provides data and an
analysis of the data.
Detail:
1. Find two sets of data:
a. 5 years of data for the number of Indian students that had arrived in Australia
b. 5 years of data for the number of International students that had arrived in:
i. Australia
ii. Canada
iii. United Kingdom
2. Using measures of central tendency demonstrate forecasting:
a. For both sets of data
b. Forecasting for two years from today
c. Analysing the data, identify potential opportunities or threats to the market
3. Prepare, plot and interpret the data from the statistics for visual presentation. Select and use tools that
are appropriate, for example, Excel spreadsheet or similar.
4. Write a report on your findings.
a. What happened to the Indian student numbers?
b. Why are some countries having more or less students than others?
5. The report needs to contain the following:
a. All data in a table format and properly labelled
b. Line graphs to demonstrate increases, stabilization or decreases in past years
c. Line graphs to demonstrate increases, stabilization or decreases in forecasting
d. Pie graphs demonstrating the market breakdown of different countries
e. References & Appendixes
6. You may upload your report as a second file to Moodle or include it at the end of this document.
Please follow your trainers final directions on this.
Please note: ILSC can use third party software to detect plagiarism.
YOU CAN PASTE ASSESSMENT TASK 3 (Report) BELOW THIS LINE OR UPLOAD A SEPARATE FILE TO MOODLE.
Please see your trainer for final instructions on this.