abusinessstudyreport with details in attachmentECONOMICS ASSIGNMENT Produce a business study report....

Question

abusinessstudyreport with details in attachment

ECONOMICS ASSIGNMENT Produce a business study report. The report needs to contain the following four parts plus a formal introduction to your report and a conclusion. 1) Introduction to the business and general business environment Select an Australian business from the list of ASX Companies (The list is provided on LearnJCU. Each company can only be used by one student. First in first served. Record your name and student number in the columns as indicated). Provide an overall description of the business and the competitive environment in which it operates. You may provide information about the business as suggested below plus any other information peculiar to the business you choose. a. Name and location of the business, the type of business (e.g. retail, manufacturing); b. What the business produces or sells; c. Who the main customers are (e.g. other businesses, government departments, young girls, older men); d. Where most of the customers are located (e.g. in Townsville, Brisbane, or on the internet); e. Who the main competitors are (i.e. those producing similar products, and selling to similar customer base); f. Where the competitors are located; and g. The (approximate) market share of key competitors including your business (e.g. ’your’ businesses has approximately 10% of the market, your main competitor has approximately 50% of the market, and many other small businesses share the remaining 40% of the market). Given the above information, comment on whether or not you think the competitive environment in which the firm operates is likely to be closer to (a) perfect competition; or (b) monopoly. Comment also on the number of ‘close substitutes’ for the business’ products, and the cost of the product relative to ‘average’ income of its customers. Does this mean that the demand curve facing the firm is likely to be relatively elastic or relatively inelastic? What does this imply about the ability of the firm to ‘mark up’ its price above marginal cost? 2) Production costs and scale Provide a description of the required factors of production, grouping them according to whether the factors of production are: a. Fixed and hence unlikely to vary much according to the quantity of goods produced or sold; or b. Variable and hence likely to increase with increased production or sales. Use the above information to comment on the likely overall cost structure of your business. For example: are fixed costs large or small relative to variable costs? Does this mean that the firm’s ‘optimal’ size is likely to be small, medium or large? 3) Macro business environment Provide a description of the macroeconomic environment in which the business operates noting: a. The overall ‘stability’ of the political system/government of the country in which the business operates. b. The general level of inflation, unemployment and ‘average’ interest rate of the country in which the business is physically located (and also the countries in which most customers live if different from the location of the firm). Discuss any recent changes in those variables. Does the economy seem to be in a recession, boom or otherwise? c. If ‘your’ business exports its products to other countries, provide some information about the (currency) exchange rate, discussing its current level, and recent changes in it. Use the above information to comment on whether or not the overall macroeconomic conditions faced by the firm are likely to become more or less favourable over the coming years. In this part you should consider such things as: • Whether the main products are likely to be ‘normal’ or ‘inferior’ and hence whether demand is likely to rise or fall during recessions and thus whether the economic climate of the countries in which most of the business’ customers live is likely to reflect well or poorly on the business’ sales. • Whether the business is likely to face problems getting access to key factors of production (e.g. are there skills shortages?), and whether this is likely to affect the business’ future operating costs. • If the business exports its products or imports factors of production…whether recent trends in exchange rates are likely to be good or bad for costs and/or revenues. 4. Sustainability practice of the business a. Does the production process of the business generate any positive or negative externalities? If negative, has the government (or anyone else) put in place any measures to mitigate? What is done to mitigate by the business? If positive, what is done to take advantage of it? b. Does the consumption of the good produced by the business generate any positive or negative externalities? If negative, has the government (or anyone else) put in place any measures to mitigate? What is done to mitigate by the business? If positive, what is done to take advantage of it? Use the information from above to comment on how the sustainability practice by this business and other businesses in the same industry would affect their long‐term business viability. CHOOSE ANY ONE COMPANY FROM LIST: · A1 INVESTMENTS & RESOURCES LTD · ARCHER EXPLORATION LIMITED · AROWANA INTERNATIONAL LIMITED · AUDALIA RESOURCES LIMITED · AUSTRALIAN COMMONWEALTH GOVERNMENT LOANS · AUSTRALIAN VANADIUM LIMITED

qfile_636753512281677739_122616_1.docx

Akansha · Accepted Answer

Alloy Resources Limited		1
Name of the student:
Name of the institution:
Roll No:
Date of submission:
Executive Summary
The following report is on an organisation called Alloy Resources Limited, has its main office, along with 2 projects called Horse Well Gold Project, and the Ophara Cobalt Project in Australia. The organisation has been listed as a public company in the Australian Securities Exchange as well.
The following is a business plan of the organisation, and aims to look at the organisation, its customers and competitors, where they are located and their market share. It also looks at the macro business environment that affects the organisation, and provides a sustainability report of the organisation as well. 
Contents
Introduction	4
General Business Environment	4
Name, Location and Type of Business	4
Products or Services offered	4
Who the main customers are	5
Where the main customers are located	5
Who the main competitors are	5
Where the main competitors are located	6
Market share of the competitors	6
Production costs and scale	7
Macro Business Environment	8
Stability of political system and government	8
Inflation, Unemployment and Interest rate	9
Currency Exchange rate	10
Sustainability practice of the business	10
Positive/Negative Externalities production process of business	11
Positive/Negative Externalities of consumption of product	11
Conclusion	12
References	13
Introduction
Alloy Resources Limited is one of the biggest mineral exploration companies in Australia.  The following is a business report of the organization, and includes the general environment of the business, where the business is located, products offered. It looks at some of the main customers of the business and where they are located, along with the main competitors and where they are located as well. It also includes the production costs and sales of the business, along with the Macro-Business Environment. The macro-business environment includes looking at the stability of the government, the inflation rates and how it affects the organization. It also includes looking at the currency rates and how it affects the business as well. The report also aims to give an idea of the sustainability practices of the business, which includes the positives and negatives that are associated with the production process and the consumption of the product. 
General Business Environment
Name, Location and Type of Business
Alloy Resources limited is one of the biggest mineral exploration companies in Australia. They are listed on the ASX, or the Australian Stock Exchange, which makes them one of the biggest legitimate mineral exploration companies on the stock exchange (Sadgrove, 2016). They have two main projects, which is the Horse Well Gold Project, and the Ophara Cobalt Project. The organization primarily explores Gold deposits and is located in West Perth, Australia. 
Products or Services offered
The product or services that are offered by the organization include the two projects, which are the Well Gold Project and the Ophara Cobalt Project. They mainly deal in Gold deposits, and evaluation of mineral properties in Australia. 
Who the main customers are
The main customers of the organization would include suppliers of Gold and minerals to various organizations (Hair, Wolfinbarger, et al, 2015). It would also include international suppliers and owners of big jewellery houses, such as Tiffany or Kalyan Jewellers.  
Where the main customers are located
The main customers of the organization are located all over the world. The main customers are the shareholders, who are located primarily in Australia. But the suppliers of the gold that is processed from the project includes international jewellery houses which are located in the United States of America, Europe, Saudi Arabia and Asia, which primarily includes India. This is primarily because the demand for Gold in India, Saudi Arabia and many other Asian countries is very high (Wilson and Wilson, 2017). This means that they are willing to pay the price for gold and other precious jewels, since it is a symbol of wealth and status in the countries. This is probably the main reason why the organization is so successful, because it is able to ship the products to the countries that need them successfully. 
Who the main competitors are
The main competitors of the organization include various other mineral exploration companies in Australia. This includes Evolution Mining, or UGM Australia. Most of these are mining companies, however, ARC Exploration, which is one of the biggest gold-mining and exploration companies in the country, is the biggest competitor that the organization has. Another company, called Thundellara, is also one of the biggest competitions of Alloy resources Limited. The competitors are from various countries (Scholman van Steel and Thurik, 2015). However, due to the regulations that have been made regarding the mining and finishing of metals in Australia, they have opened up their businesses in the country, which has been beneficial; to them in many ways. 
Where the main competitors are located 
The main competition in primarily located in Australia. Mining is very expensive and there should be a careful eye that is kept in order to ensure that there is no corruption or malpractice that is happening. Thus, even though many of the organizations have offices in many countries, they primarily concentrate on the mines that are in Australia, since they have the most potential as well. The offices in other countries could be because the organizations are large conglomerates and the mines are not the only source of income for the organization. 
It is also important to note that the location of the head office in terms of mining does not matter much. The head office could be in a different continent, as long as the person who is managing the actual mining is reliable and is able to handle the work properly (Schaltegger and Wagner, 2017). Thus, many of the competitors hire reliable workers in the mines, and oversee their business from elsewhere. This also gives them a change to explore the countries and discover new mines as well. 
Market share of the competitors
A significant portion of the market share is being taken up by the competitors. Together,

ECONOMICS ASSIGNMENT Produce a business study report. The report needs to contain the following four parts plus a formal introduction to your report and a conclusion. 1) Introduction to the business...

Answer To: ECONOMICS ASSIGNMENT Produce a business study report. The report needs to contain the following four...

Answer To This Question Is Available To Download

Related Questions & Answers

Submit New Assignment