Professional Documents
Culture Documents
Qualification
Student name
Task Number
Date issued
Completion date
Submitted on
28/09/2015
Week 3
Week 3
28/09/2015
Week 5
Week 5
28/09/2015
Assignment title
Learning outcome
LO1
LO2
LO3
Understand how to
develop reading
strategies to evaluate
business sources and
materials.
Understand techniques
to listen effectively and
critically to business
focused materials and
develop note-taking
skills.
Be able to produce a
written analysis of a
business case study.
Assessment
Criteria
1.1
Task
no.
1
1.2
1.3
2.1
2.2
2.3
3.1
3.2
3.3
3.4
3.5
1,2, 3
and 4
3.6
Evidence
(Page no)
Learning outcome
Be able to communicate
effectively in business
LO4
situations using
appropriate presentation
techniques.
Assessment
Criteria
Task
no.
4.1
4.2
4.3
4.4
4.5
4.6
Learner declaration
I certify that the work submitted for this assignment is my own and research sources are fully acknowledged.
Student signature:
Date:
Evidence
(Page no)
In addition to the above PASS criteria, this assignment gives you the opportunity to submit evidence in order to achieve the following MERIT and DISTINCTION grades
Grade Descriptor
Indicative characteristic/s
Contextualisation
a range of sources of information has been used As with M1, M2 could be gained in any compare and contrast, analyse, evaluate or reflect question. However, it would be
complex information/data has been synthesised easiest to gain it is AC 1.3 where you have to evaluate key arguments from separate business sources using effective reading
and processed
strategies or in AC 3.1 where you have to Discuss genre and focus through the analysis of a complex task. To gain M2, you have
to use multiple sources to identify the components of your argument and to draw out the implications. Secondary sources (books or
articles) should be included as well as the primary sources presented in the questions.
D3.Demonstrate
convergent/lateral/creative
thinking.
In any question that requires you to analyse, evaluate or reflect, you are required to draw out relationships between the
underlying points of an argument and uncover any implications of those relationships. By necessity, this requires you to use more
than one variable and it requires you to make judgements. To achieve M1, you could effectively judge what the points are important;
accurately describe why they are important and have an effective approach to arriving at a conclusion. For example, in AC1.3 you
will need to make effective judgements when evaluating key arguments from separate business sources.
M3 could be gained in any evaluate or analysis question as long as you develop your arguments and present your findings in a
clear and logical manner. AC 1.3 (evaluate key arguments from separate business sources) and 3.1 (discuss genre and focus
through the analysis of a complex task) are good ways to do this. To achieve M3, you must also use technical language properly
and in context. Some tasks will require you give an opinion on a scenario and this will be a context that is unfamiliar to you, others
will enable you to use familiar contexts.
This could be gained through any analyse or evaluate question as long as you explain why you have arrived at your conclusions.
To achieve D1, you would need to explain why you have selected those criteria. For example: in AC 1.3, you need to identify and
justify the criteria you used to evaluate which arguments are key and which are secondary.
In an analyse or evaluate question, you are required to draw out relationships between the different points of an argument and
uncover any implications of the relationships between those points. D2 can be achieved if you are able to explain any
interdependencies that might exist. D2 could also be achieved if you are very thorough in your search for sources and turn any of
the tasks into a substantial research activity.
D3 can be gained in a number of ways. One of the easiest ways is to critique your performance in a thoughtful and logical manner.
For example, in AC 4.6, where you have to reflect on personal performance to set future learning goals and objectives. To do this,
you have to justify the self-evaluation that should take place in the reflection.
Please note that for unit assignments assessors should use these or other exemplar indicative characteristics for the individual grade descriptors from Annexe C of the HN specification or
any other relevant indicative characteristics for the particular assignment. The indicative characteristic should then be contextualised. Only one indicative characteristic per grade
descriptor, M2, M2, M3, D1, D2, and D3 is required.
Assignment brief
Unit number and title
Qualification
Assessor
Task Number
Date issued
Completion date
Submitted on
28/09/2015
Week 3
Week 3
28/09/2015
Week 5
Week 5
28/09/2015
Week 7
Week 7
28/09/2015
Week 8
TBA
Assignment title
showing big drops. China's manufacturing sector looks especially weak -- sentiment just hit its lowest level in six years.
"There's a lot there that looks really wrong," says Chang. While Chang acknowledges that China is taking various stimulus
measures, he is concerned that a lot of the growth is coming from people, companies, real estate developers and even local
governments taking on more debt. "The growth they are creating is crap growth," says Chang. "They're aggravating their
debt problem and they have no solution." He estimates the true GDP number is likely 1% to 2% growth. Expect China to
hurt American company earnings for the rest of the year. Even worse, expect more panic "because people think that China
is more important than it actually is."
F. It's a minor hiccup. Other experts say that predictions of a "hard landing" in China go too far. "This is not 2009," says
Scissors, the America Enterprise Institute scholar. He estimates GDP is growing at about 4.5%. Global forecasting company
Capital Economics has traded jabs with the Chinese government before over the validity of the government statistics.
Capital Economics believes China is likely growing at 5% to 6%. China's economy probably did a lot worse than what it
reported in the first half of the year, but there could be a pickup in the second half, especially as all of the stimulus measures
take root. "There are signs the economic conditions are improving," says Mark Williams, chief Asia economist at Capital
Economics. He reminds people that growing at 5% to 6% isn't the "very dark place" some are warning about. Another key
for Americans to remember is that when the Chinese get nervous, they tend to invest their money abroad. "Bad Chinese
economy performance means more Chinese money leaving their country, and the No. 1 place it comes is here," says
Scissors.
Source 2
China economy: New signs of economic slowdown (BBC News, 2015)
Growth in China's investment and factory output in August has come in below forecasts, in a further indication that the world's
second-largest economy is losing steam.
Factory output grew by 6.1% from the year before - below forecasts of 6.4%.
Growth in fixed-asset investment - largely property - slowed to 10.9% for the year-to-date, a 15-year low.
Growing evidence that the world's economic powerhouse is slowing down has caused major investment market falls.
Other indications that the economy is weakening can be seen in falling car sales and lower imports and inflation.
Chinese manufacturers cut prices at their fastest pace in six years, largely on the back of a drop in commodity prices, which
have dropped sharply over the past year as demand from China faltered.
25-year low
Last week, the Chinese Premier, Li Keqiang, said China remained on track to meet all its economic targets for this year despite
the economic data. China has already cut interest rates five times since November to encourage lending and spur economic
activity, along with other measures to boost growth. Premier Li pledged that China would take more steps to boost domestic
demand and that it would implement more policies designed to lift imports. China recently revised down its 2014 growth figures
from 7.4% to 7.3% - its weakest showing in nearly 25 years. For this year, the government is targeting annual economic growth
of about 7%. Meanwhile, the Chinese authorities said they would take new steps towards a more market-based economic
system by offering shares in state-owned businesses to private investors.
The move, which they said would help improve corporate governance and asset management, is planned to take place before
2020.
China's industrial economy is dominated by 111 conglomerates which are state owned.
Bibliography
BBC News, (2015). China economy: New signs of economic slowdown - BBC News. [online] Available at:
http://www.bbc.co.uk/news/business-34237939 [Accessed 15 Sep. 2015].
Long, H. (2015). China's economy is in trouble. How bad is it?. [online] CNNMoney.
http://money.cnn.com/2015/08/21/news/economy/china-economy-slowdown/ [Accessed 11 Sep. 2015].
Available
at:
Task 2
Using the audios and videos provided on the VLE:
A. Analyse the content of three (3) different types of recorded business material to include lectures and radio broadcasts (2.1)
B. Produce accurate summary notes of the recorded materials (2.2)
C. Demonstrate comprehension of complex recorded business materials by creating one document that summarises all three
recordings.(2.3)
D. Reference accurately according to the Harvard system (3.5)
5
Bibliography
Godin, S. (2013). Seth Godin on the Difference Between Leadership and Management. [Online Audio Interview] YouTube.
Available at: https://www.youtube.com/watch?v=Xx2SV2bYSfU [Accessed 15 Sep. 2015].
Kotter, J. (2012). The Perils of Confusing Management and Leadership. [Online Video Lecture] YouTube. Available at:
https://www.youtube.com/watch?v=Dz8AiOQEQmk [Accessed 15 Sep. 2015].
Kotter, J. (2013). The Key Differences Between Leading and Managing. [Online Audio Lecture] YouTube. Available at:
https://www.youtube.com/watch?v=SEfgCqnMl5E [Accessed 15 Sep. 2015].
For task 3 and 4, you are required to prepare a business plan in groups of 3-5. Task 3 is individual work and Must go
through Turnitin. Present the business plan in a seminar (Task 4).
Task 3: You are required to complete the following tasks (individual work).::
A. Discuss genre and focus through the analysis of a complex task from your business plan. (3.1)
B. Develop a structured written argument with supporting evidence to convince the audience why you should be given the
funding the start the business. (3.2)
C. Describe cause and effect relationships. (3.3)
D. Use academic hedging and caution (3.4)
E. Reference accurately according to the Harvard system (3.5)
F. Accurately proofread and edit a written business text (3.6)
Task 4 Group Presentation
:
A. Participate effectively in business situations and working groups (4.1)
B. Give others the opportunity to contribute their ideas and opinions (4.2)
C. Demonstrated an ability to assimilate information communicated by others. (4.3)
D. Demonstrate appropriate presentation skills and non-verbal communication skills during a business presentation (4.4)
E. Direct discussions to achieve objectives (4.5)
F. Reflect on personal performance to set future learning goals and objectives. This is an individual task. (4.6)
---End of assignment-