BSB119 Global Business

 BSB119 Global Business                                                                                                       

This assessment item has three parts. Please read the requirements for all three parts carefully.

Part A 

Drawing conclusions from socio-economic data. (12 marks)

Task: The below table shows socio-economic data of two fictitious countries. From the perspective of a business considering the possibility of undertaking business in these countries, analyze what the data could mean and present three conclusions. Each conclusion should compare both countries using at least two variables. You can relate each conclusion to any type of international business (eg. you can present a conclusion from the perspective of a business choosing a new export market, a business seeking an import source, a business choosing a location for FDI, etc). The recommended length for each conclusion is approximately 200 words.                                            (4 marks per conclusion)

                  Country

Country A

Country B

1. Population

2.1 billion

80.2 million

2. Area

8.5 million sq km

357,022 sq km

3. GDP

US$3.248 trillion

US$4.199 trillion

4. GDP Per capita (PPP)

US$15,600

US$ 50,800

5. Gini Coefficient

.51

.32

6. Population below poverty line

20.4%

14.7%

7. % of Urban Population

86%

78%

8. Main Exports

Iron ore, soybeans, coffee, footwear, transport equipment.

Motor vehicles, machinery, chemicals, electrical equipment, pharmaceuticals, textiles.

9. Main Imports

Machinery, chemical products, crude oil, electronics, electrical equipment.

Data processing equipment, automotive parts, oil and gas, foodstuffs, agricultural products.

10. Inflation

 3.8%

 1.7%

11. Internet Users (% of Population)

 61%

 89.7%

12. UN Human Development Index (HDI)

.761

.939

13. Adult literacy rate

14. Labour Force by Occupation

 89%

27% agriculture, 21% industry, 52% services

99%

0.7% agriculture, 30.7% industry, 68.6% services

15. Unemployment

12.8%

6.2%

 Part B

Construct a line graph for percentage change in GDP. (3 marks)

Task: The two countries you are required to analyse for Assessment Item #2 (Country Analysis Report) are United Kingdom and Singapore. Using the EIU database and Excel, construct a line graph of the % Change in GDP for these two countries for the years 2014 to 2024.

Note: The EIU Database is available through the QUT Library website. Search for the relevant information using the database, export the required data to Excel and construct a line graph. Give your graph a title, label both axes, and include the source of your data (if you are a new user of EIU, there are instructions provided on Blackboard). This graph can be reused for Assessment #2. Below are examples on how to correctly cite and reference your data source according to APA.

*Important: The citation should be included below your graph:

Source: Economist Intelligence Unit (2019).

*Important:  The full reference should be included in the reference list (not under your graph):

Economist Intelligence Unit. (2019). Country X and Country Y: Selected series 2014 to 2024

 [Datafile]. Retrieved from  —– provide weblink here 

Part C 

Foreign market entry mode – Foreign Direct Investment (FDI) Greenfields vs. Exporting (5 marks)

ABCZYX Company is a successful Australian business with a range of popular high-tech consumer products under its brand name. One of its largest international markets is the USA and the company is currently considering setting up a production facility in the USA through greenfield foreign direct investment (FDI). From the perspective of ABCZYX Company, discuss why the use of greenfield FDI might be more appropriate than simply exporting its products from Australia to the USA. What are the potential advantages of FDI and potential disadvantages of exporting for ABCZYX?   

The recommended length is approximately 250 words.

Format

Your submission should follow the below format. Use APA style for referencing.

Part A

Conclusion 1.

Conclusion 2.

Conclusion 3.

 Part B

Line Graph

 Part C

Foreign market entry mode discussion

Reference List

Submitting your assignment

Please upload well before 11:59 pm in case you experience technical difficulties. You are also advised to keep a backup copy of your submitted file and make sure you do not modify it after the deadline. Familiarise yourself with the QUT Late Assessment policy (files uploaded after the deadline, unless you have an approved extension, WILL NOT BE MARKED and will receive 0%). If you have applied for an extension but have not yet received a decision, you should upload the work you have already completed. DO NOT include these task guidelines or the criteria sheet in your file.