Assessment Brief *This document is for CU Group students for their own use in completing their assessed work for this module and should not be passed to third parties or posted on any website. Any...

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Economic and Financial Management The introduction requires the


Assessment Brief *This document is for CU Group students for their own use in completing their assessed work for this module and should not be passed to third parties or posted on any website. Any infringements of this rule should be reported to [email protected] Module Title: Economic and Financial Management Module Code: 216MANSC/216MANEL Assessment Type: Coursework Assessment Number: 1 Study Mode: Full-time Weighting: 40% Submission Date: 31/01/2020 Submission Time: 18:00 1,500 Word Analysis Introduction: Managers and leaders in organisations may be expected to monitor and measure the performance of an organisation to for fill its aims and objectives. Analysis of business performance, allows managers to make informed decisions in the best interests of organisational success alongside its long term strategy. You are required to select and research a commercial organisation, based in the UK, which is currently in administration. Completion of this assignment will address the following learning outcomes: 1 Identify and evaluate the impact the economy has on business organisations 2 Appraise and apply economic theory to a range of contemporary business contexts. 3 Analyse the micro and macro-economic forces on contemporary business. Task: Title: Economics and the business You are required to identify and research an organisation that has failed. You are to produce a 1,500 word analysis in report format on the micro and macro-economic factors that led to the failure. Your report should review and reflect your knowledge and theory of economics. It must include an analysis of the impact of the mirco and macro environmental factors in relation to you chosen organisation. Your audience are the attendees of a regional CMI workshop. You should cover learning outcomes 1, 2 & 3. Your choice of organisation should be agreed with your tutor during tutorials. mailto:[email protected] Guidance notes and considerations Late Submission If you are not able to complete your coursework on time due to extenuating circumstances, the ONLY way to receive an extension (up to 5 working days) or a deferral (anything longer than 5 working days) is to contact a Registry team member located at your specific CU site. CU Coventry – [email protected] CU London – [email protected] CU Scarborough – [email protected] * Extenuating circumstances are defined by CU as ‘genuine circumstances beyond your control or ability to foresee, and which seriously impair your assessed work’. * Please note that you will need to provide third party evidence to support your reasoning for requiring an extension or deferral. * Your course tutor is NOT able to approve an extension or a deferral, if you have not completed the official forms and had your request approved your work will count as not submitted and receive a zero mark. Plagiarism and Malpractice * You are encouraged to check the originality of your work by using the draft Turnitin links on your Moodle Web. * Collusion between students (where sections of your work are similar to the work submitted by other students in this or previous module cohorts) is taken extremely seriously and will be reported to the academic conduct panel. This applies to all coursework and exam answers. * A marked difference between your writing style, knowledge and skill level demonstrated in class discussion, any test conditions and that demonstrated in a coursework assignment may result in you having to undertake a Viva Voce in order to prove the coursework assignment is entirely your own work. * If you make use of the services of a proof reader in your work you must keep your original version and make it available as a demonstration of your written efforts. * You must not submit work for assessment that you have already submitted (partially or in full), either for your current course or for another qualification of this university, unless this is specifically provided for in your assignment brief or specific course or module information. Where earlier work by you is citable, ie. it has already been published/submitted, you must reference it clearly. Identical pieces of work submitted concurrently will also be considered to be self-plagiarism. Submission Guidelines There should be a title page which clearly identifies the following; * Student number * Name of the module mailto:[email protected] mailto:[email protected] mailto:[email protected] * Title of the Assessment * Assessment number * Word count The word count identified includes quotations, but excludes the bibliography and unless specifically stated, encompasses a discrepancy of + or – 10%. Banding Knowledge and Understanding (30%) Analysis, Evaluation and Application of Theory (30%) Quality of Research (20%) Academic Writing (20%) 90-100% Exceptional knowledge base exploring, analysing and evaluating the discipline and its theory with extraordinary originality and autonomy. Demonstrates an exceptional grasp of relevant analytical techniques, and the ability to apply these to new and/or abstract information and situations. Shows a highly developed appreciation of the limits and/or appropriate uses of particular analytical and evaluative approaches. Knowledge and understanding of theory, where relevant, is highly detailed. Exceptional appreciation of the limits of theory demonstrated throughout all assessment outcomes. Approach to assessment task is theoretically informed to an exceptional standard. Exceptional exploration of wider academic sources with a high degree of independent learning which exceeds the assessment brief. Sources have been accurately interpreted and integrated with flawless synthesis, leading to innovative and interesting ideas. With some adjustments, work may be considered for internal publication. Exceptional answer with coherent and logical presentation of ideas. The answer exhibits a clear argument/line of reasoning with flair and originality. Discipline specific vocabulary used with precision and academic style applied well throughout. No language errors present and referencing in the CU version of Harvard has been employed in an accurate manner. With some adjustments, work may be considered for internal publication. 80-89% Outstanding knowledge base exploring, analysing and evaluating the discipline and its theory with clear originality and autonomy. Demonstrates an outstanding grasp of relevant analytical and/or evaluative techniques. Shows a developed appreciation of the limits and/or appropriate uses of particular analytical and/or evaluative approaches. Knowledge and understanding of theory, where Outstanding exploration of wider academic sources with a high degree of independent learning which exceeds the assignment brief. Sources have been accurately interpreted and integrated with a high degree of Outstanding answer with coherent and logical presentation of ideas. The answer exhibits a clear argument/line of reasoning with flair and originality. Discipline specific vocabulary used with precision and academic style applied throughout. No language errors present. Referencing in the CU version relevant, is detailed and sophisticated. Appreciation of the limits of theory demonstrated throughout the work. Approach to assessment task is clearly and appropriately theoretically informed. synthesis, leading to innovative and interesting ideas. of Harvard has been employed in an accurate manner. 70-79% Excellent knowledge base that supports analysis and/or evaluation and problem- solving in theory and/or practice within the discipline, with considerable originality. Demonstrates a detailed, accurate, theoretical understanding. Appropriately selected theoretical knowledge is applied to the individual learning outcomes. Makes excellent use of established techniques of analysis and/or evaluation relevant to the discipline and applies these effectively. Shows developed ability to appraise alternative theories and/or analytic approaches, where relevant. Excellent exploration of wider academic sources with evidence of independent learning which may exceed the assignment brief. Sources have been accurately interpreted and integrated with an attempt made at synthesis, leading to interesting ideas. Excellent answer with coherent and logical presentation of ideas. The answer is entirely relevant and focused with a clear argument/line of reasoning throughout. Discipline specific vocabulary used with precision and academic writing style applied throughout. No language errors present. Referencing in the CU version of Harvard has been employed in an accurate manner. 60-69% Very good knowledge base that supports analysis and/or evaluation and problem- solving in theory and/or practice within the discipline, with some originality displayed. Makes very good use of established techniques of analysis and/or evaluation relevant to the discipline. Shows developing ability to compare alternative theories and/or analytic approaches, where relevant. Very good evidence of wider academic reading and independent learning. Sources have been accurately interpreted and integrated with some evidence of synthesis. Very good answer with coherent and logical presentation of ideas. The answer is relevant and focused. Discipline specific vocabulary is used and academic writing style applied. Minimal language errors may be present but do not impact on clarity of expression. Referencing in the CU version of Harvard is accurate. 50-59% Good knowledge base that supports some analysis and/or evaluation and problem-solving in theory and/or practice within the discipline. Makes good use of established techniques of analysis and/or evaluation, relevant to the discipline. Sound descriptive knowledge of key theories with some appropriate application. Good evidence of academic reading, with attempt at moving beyond the recommended texts. Interpretation of sources is acceptable with evidence of integration. Good answer with coherent and logical presentation. The answer is largely relevant but lacks focus at points. There is an attempt at using discipline specific vocabulary and academic writing style. Some language errors are present which impacts on clarity at times. Referencing in the CU version of Harvard is mostly accurate. 40-49% Satisfactory knowledge base demonstrating comprehension and formulation of basic knowledge with some omissions at the level of theoretical understanding. Limited ability to discuss theory and solve problems within the discipline. Makes satisfactory but limited use of established techniques of analysis and/or evaluation, relevant to the discipline. Selection of theory, if relevant to
Answered Same DayJan 20, 2021

Answer To: Assessment Brief *This document is for CU Group students for their own use in completing their...

Abhishek answered on Jan 27 2021
151 Votes
NAME OF THE MODULE: ECONOMIC AND FINANCIAL MANAGEMENT
TITLE OF THE ASSESSMENT: ECONOMICS AND THE BUSINESS
ASSESSMENT NUMBER: 1
STUDENT NUMBER: ________________
WORD COUNT: 1787
Table of Contents
Executive Summary    3
Introduction    4
Economic Impacts on Business Company    4
Macro-Economic Factor (PESTLE)    4
Micro Economic Factor (SWOT)    4
Impacts of those Factors on the Busi
ness Company    5
Impacts of Macro and Micro-Economic Factors on Thomas Cook    5
Background of Thomas Cook    5
Micro-Economic Analysis of Thomas Cook (SWOT)    6
Macro-Economic Analysis of Thomas Cook (PESTLE)    6
Recommendations    7
Conclusion    7
References    8
Executive Summary
In this assignment, the macro and micro-economic factors are discussed in details. SWOT and PESTLE analysis are two different models of micro and macro-economic factors. PESTLE analysis shows the political, economic, environmental, social, technological, legal issues, which can be faced by a company at the time of setting up the business in a new place. These issues are the most important problems that can lead a company to be closed. On the other hand, if a company can solve those issues after analysing the PESTLE analysis, then the company can have growth in the market. SWOT analysis strengths, weakness, opportunities and threats of a company to increase business growth. Porter’s five forces are also important to know the different kinds of threats that the company will face at the time of setting up the business. This company was under the threats of new entrants in the business, threats of competitors. Hence, the company had to go into liquidation.
The company that will be discussed in the course of this assignment is Thomas Cook and sons, which were established in the year 1865 in the UK. This has been a very successful travel agency but this holiday firm has been ruined due to some major management failure and financial crisis at the time of globalisation. That is the reason why it failed to survive the fierce market competition at that point in time. The major weakness of this company was mainly the disruptive online structure and the political discrepancy at this time. This assignment will conduct in-depth research on the different reasons behind the falling down of Thomas Cook and Sons.
Introduction
The business organisation depends on the economic models such as PESTLE, Swot, Porter's five forces and others to analyse the chances of the business growth of that company in the market. The PESTLE model and its analysis tell the business organisation what will be the issues of different factors before setting up a business in a new place (Rastogi & Trivedi, 2016). The political issues of a new place, the economic status of that place, the social impacts of that place in people and how it will affect the business of the company all are will be discussed and analysed thoroughly to set up the business in that place. The legal issues of the new place also influence the business of the company as legal laws, rules and regulations affect the business of the company. This company was under the threats of suppliers, threats of customers, which led to liquidation.
Economic Impacts on Business Company
Macro-Economic Factor (PESTLE)
PESTLE is a macro-economic factor, which is based on political, economic, social, technological, legal and environmental analysis of the company. The political issues of a country may influence that residing company. Political reasons and problems may affect the business of any company in that country (Perera, 2017). The economic status of a country can also affect the business status of a country by charging different kinds of taxes and laws of import and export. The technological factors also have great impacts on any company if that company does not update new...
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