Activities
Complete the following activities individually or in a group (as applicable to the specific activity and the assessment environment).
Where applicable, a signed observation by either an approved third party or the assessor will need to be included in these activities as proof of completion.
Activity 1A
Estimated Time 20 Minutes
Objective To provide you with an opportunity to know about statistical analysis of Australian and international market data to interpret international market trends and developments.
1. What is statistical analysis used for?
- Identify the three statistical analysis techniques.
- How does Australian market data differ from international market data?
- How should you go about interpreting market trends and developments?
Activity 1B
Estimated Time 25 Minutes
Objective To provide you with an opportunity to identify the need to analyse trends and developments within Australia and relevant international settings for their potential impact on international business activity within target market.- Identify four types of trends that may occur in business and what these are.
- What are market developments and how may these occur?
- What three steps should you follow to set up a trend analysis system?
- Identify four factors that can impact on trends and developments in international business within your target market.
Activity 1C
Estimated Time 30-45 Minutes
Objective To provide you with an opportunity to know how to identify aspects of culture that may impact international business activity within target market.
Refer to Case Study A.
Identify and research two cultural differences that may be encountered when attempting to set up an office and work in Japan, and their effects on the Weller Entertainment’s business.
Activity 1D
Estimated Time 60 Minutes
Objective To provide you with an opportunity to identify how to use measures of central tendency/dispersion and correlations between sets of data for quantitative interpretation of comparative international market data.
Refer to Case Study B.
- Using the ratings statistics for Outback Ridge, you must:
Find the measures of central tendency using all three methods (mean, mode and median) for each country’s ratings
Find the measures of dispersion for each country’s ratings by using the following techniques:
o standard deviation
o range
o mean difference between both countries.
- From the rating statistics, identify three correlations or trends across both of the data sets and provide a brief outline of what these are.
Activity 1E
Estimated Time 45 Minutes
Objective To provide you with an opportunity to identify how to perform qualitative analysis of comparative international market information as a basis for reviewing business performance in international settings.
Refer to Case Study C.
- Name three methods that you could use to analyse comparative international market qualitative information for a review of international business performance.
- Using one of the analysis techniques from question one, analyse the feedback of Outback Ridge from Japanese viewers, and compare that to the feedback from Australian viewers.
Activity 2A
Estimated Time 60 Minutes
Objective To provide you with an opportunity to identify how to analyse international market performance of existing and potential competitors and their products or services to identify potential opportunities or threats.
Refer to Case Study D.
Using a form of competitor analysis, analyse the information about Weller Entertainment’s competition, identifying any potential opportunities or threats. State the analysis method you’ve chosen in your answer.
Activity 2B
Estimated Time 60 Minutes
Objective To provide you with an opportunity to identify how to compare international business performance to that of competitors to identify market position.
Refer to Case Study D.
- Which of the statistics provided could be used to identify the market position of the three companies?
- Using the statistic identified in question one, compare international business performance of Weller Entertainment with its Japanese competitors and identify its market position in Japan.
Activity 3A
Estimated Time 30-40 Minutes
Objective To provide you with an opportunity to identify how to prepare, plot and interpret data for visual presentation.
Refer to Case Study B. - Identify three ways that the ratings data from both countries could be visually presented in a way so that they could be compared easily.
- Create a graph of the ratings data, featuring both data sets. The graph must a line graph and include:
Markers for each datapoint
Different styles/colours for each country’s data
Labels on each axis
A graph title
A legend box indicating which data sets are from which country
A clear and concise visual style.
Activity 3B
Estimated Time 15 Minutes
Objective To provide you with an opportunity to identify how to assess visual presentation for potential problems and take corrective action if necessary.
Refer to Case Study E.
Looking at the graph, identify five issues, error or adjustments that require changes to be made. With each issue found, mention how you would correct them to improve the quality of the graph.
Activity 3C
Estimated Time 15 Minutes
Objective To provide you with an opportunity to identify how to ensure report meets organisational requirements for content, format and level of detail.
1. How can you ensure the report meets organisational requirements for content, format and level of detail?
- What are the general document guidelines that you should follow?
Activity 3D
Estimated Time 15 Minutes
Objective To provide you with an opportunity to identify how to submit report within the required timeframe.
Refer to Case Study F. - What elements in the email have influenced the submission of the report?
- When submitting a report, how can you ensure that this is submitted to the right person(s) on time?
- What methods of report submission are being asked for in the email?
Type of service: Academic paper writing
Type of assignment: Case study
Subject: Business
Pages/words: 16/4400
