Please answer all 5 questions in the boxes given. Include reference for each and every answer.( Harvard Reference)
HI5015 Final Assessment T2 2023 Final Assessment Unit Details Name Trends in the Global Business Environment Code HC3031 Year, Trimester 2024 Trimester 1 Assessment Details Name Final Individual Assessment Due Date & Time 21 June, 2024 11.59 pm Student Details Student Number First Name Family Name Submission Declaration Integrity Declaration I have read and understand academic integrity policies and practices and my assessment does not violate these. Full Name Submission Date ALL SUBMISSIONS MUST INCLUDE YOUR STUDENT DETAILS AND SUBMISSION DECLARATION. IF THESE DETAILS ARE NOT COMPLETED YOU RISK BEING PENALISED Instructions Academic Integrity Information Holmes Institute is committed to ensuring and upholding academic integrity. All assessment must comply with academic integrity guidelines. Important academic integrity breaches include plagiarism, collusion, copying, impersonation, contract cheating, data fabrication and falsification. Please learn about academic integrity and consult your teachers with any questions. Violating academic integrity is serious and punishable by penalties that range from deduction of marks, failure of the assessment task or unit involved, suspension of course enrolment, or cancellation of course enrolment. Format & submission instructions · All answers must be entered in the answer boxes provided after each question. · Your assessment must be in MS Word format only. · You must name your file with the Unit Code and Student ID example: HC3031 - EMV1234 · Check that you submit the correct document as special consideration is not granted if you make a mistake. · Your student ID & name must be entered on the first page. · Submission declaration must be completed on the first page. · All work must be submitted on Blackboard by the due date and time. Late submissions are not accepted. · You have two attempts to submit. The final submission will be marked only. Penalties · Reference sources must be cited in the text of the report, and listed appropriately at the end in a reference list using Holmes Institute Adapted Harvard Referencing. Penalties are associated with incorrect citation and referencing. · For all other penalties, please refer to the Final Assessment Instructions section on Blackboard. Question 1(10 Marks) Define the term ‘globalisation’. Explain how globalisation has impacted your family, your country and yourself. Think of economic advantages and the benefits of collaboration with other cultures and countries. (400 – 500 words) ANSWER: (box will enlarge as you enter your response) Question 2 (10 Marks) The United Kingdom (UK) colonised India. The UK government imposed trade regulations upon India that included the forced exporting of raw materials from India to the United Kingdom. An example is cotton was sent to Manchester from India. The linen was not allowed to be converted (spun) into linen in India. The major value adding function was completed in the UK. What did this mean for the Indian people and Indian manufacturing capacity? What are the solutions to this issue? (400 - 500 words) ANSWER: Question 3 (10 Marks) Please see the bar graph below. Required: Explain what the effects of this data may be for your own home country. Think of PESTEL as a guide to interpretation. Also, do you think that the data is accurate? Why? (400 – 500 words) ANSWER: Question 4 (10 Marks) India looks set to replace China as the second largest economy in the world as it has 1.4 billion consumers, a reliable supply chain, and neutrality with respect to the political tensions between China and USA. Companies which are switching out of China and manufacturing in India include BMW, Foxconn, and Tesla. Existing power houses in India are Tata, and Adani. But India needs trained workers to capitalize on this situation. Presently India’s GDP is 3.8 trillion and China’s is 18 trillion. And in order for India to grow they need to educate their population. Required: Create an educational plan to supply the labor and workers that foreign investors will want to employ and that will drive India’s GDP. Ensure that it addresses the supply issue and solves India’s problem. (400 – 500 words) ANSWER: Question 5 (10 Marks) Imagine you are working as the investment manager for a well-known USA fund manager. You have been asked to invest USD 10 billion in Asia. Examine the graph below and answer the wustion that follows. Source: US Census Bureau Required: Compare and contrast the population age distribution for China and India. Apart from the size of the populations from your analysis of which country has the oldest people and which country has the youngest people, which one would you tell your boss to invest in? Why is it best to invest in a country with young people? Source: US Census Bureau. (400 – 500 words) ANSWER: End of Assessment Marking Rubric Criterion Referenced Grading Question Excellent Very Good Good Slightly deficient Unsatisfactory 1 Correct management theory clearly explained and applied comprehensively Correct management theory well- explained and applied correctly Correct management theory explained and applied Correct management theory not explained or not applied Incorrect model used, i.e. not as taught at Holmes 2 Correct management theory clearly explained and applied comprehensively Correct management theory well- explained and applied correctly Correct management theory explained and applied Correct management theory not explained or not applied Incorrect model used, i.e. not as taught at Holmes 3 Correct management theory clearly explained and applied comprehensively Correct management theory well- explained and applied correctly Correct management theory explained and applied Correct management theory not explained or not applied Incorrect model used, i.e. not as taught at Holmes 4 Correct management theory clearly explained and applied comprehensively Correct management theory well- explained and applied correctly Correct management theory explained and applied Correct management theory not explained or not applied Incorrect model used, i.e. not as taught at Holmes 5. Correct management theory clearly explained and applied comprehensively Correct management theory well- explained and applied correctly Correct management theory explained and applied Correct management theory not explained or not applied Incorrect model used, i.e. not as taught at Holmes HC3031FIA T12024