Assessment Document 2020-21
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|Module Title:||Global Economics and Business operations|
This module examines business operations in the context of the global economy. One part investigates the operation of the global economy, looking particularly at international trade, the importance of multinational enterprises and foreign investment, and the growth and development of economics, especially the emerging economies of the BRIC group, among others. Other internationally important global economic issues are also examined, such as globalisation and environmental policy. In the business operations part of the module, the emphasis is on the management methods used to aid resource allocation and decision making in organisations. The nature of the operational process is examined and techniques are developed and applied in practical settings.
Module Learning Outcomes
Module learning outcomes detail the specific knowledge and understanding, cognitive and intellectual skills, practical and professional skills, and the key transferable skills that you will develop during this module. The learning outcomes for this module are detailed below. These learning outcomes will be assessed when marking your assignment.
Personal & Transferable Skills
- Engage effectively in debate and present arguments in a professional manner.
- Select and justify approaches to the analysis of organisational dynamics and apply them to produce practical improvements.
- Develop reflective practice skills in the study and analysis of global business dynamics.
Research, Knowledge & Cognitive Skills
- Describe and evaluate models of the dynamics of organisational behaviour.
- Critically evaluate alternative approaches to the modelling of global business dynamics.
- Effectively organise global business dynamics knowledge using a variety of techniques.
- Evaluate a range of approaches to the analysis of organisational dynamics models.
- Understand and select from a range of key business dynamics modelling skills
The assessment requirements for the module, in addition to the generic level 6 University Assessment Criteria and correct use of the required referencing format and style, include the following module specific criteria:
ICA (50% of the final mark Global Economics Part of the assessment
Word Limit: 2000 words
You are required to answer all following questions using appropriate theories and concepts that were introduced in our lectures. Use evidence from case study articles where it is relevant.
- Outline the factors in increased globalization. Discuss how these underling forces are interlinked and reinforce each other.
- Outline and discuss both benefits of and issues arising from trade protection. You should include the role of FDI in international trade and use evidence from case studies articles as examples to support your
Word limit: 2,000.
You should make use of the case study articles as supporting documents i.e. use the evidence from these articles to support your answers. You should also draw on the theories, concepts and frameworks that we covered in ‘global economics’ part of the module.
All references, quotes, paraphrasing and summaries should be cited clearly in the text (e.g. page numbers, authors, web address etc.) and sources consulted listed in the bibliography. Use a consistent referencing system, preferably Harvard.
The mark for this assignment is 50% of the final module mark.
Case Study Materials
- Globalisation 1.0 and 2.0 helped the G7. Globalisation 3.0 helped India and China instead. What will Globalisation 4.0 do
- The contribution of Chinese FDI to Africa’s growth
- The return to protectionism
The materials are attached in a separate file.
In this ICA,
- Demonstrate good fundamental academic knowledge of Global Economics;
- Critically analyse data using appropriate techniques;
- Draw appropriate conclusions;
- Present the assignment in a clear and understandable way, using the conventions appropriate to a business report with no spelling or grammatical errors.
Module Assessment Criteria ICA/ECA
Assignments will be marked in accordance with the following marking criteria:
|ICA ECA Assessment Criteria||Max
|1st Mark||2nd Mark||Feedback Comments:|
|Knowledge and understanding of Business Operations and Global Economics to be demonstrated through a clearly presented discussion of OPS MGMT and Strategy principles.||15|
|Knowledge and understanding of Supply Chain in Business Operations: to be demonstrated through a clearly presented description of the Supply chain of the product/service||30|
|Illustration and use of examples: to be demonstrated through clearly presented and accurate use of worked examples of the presented company/industry
|Analysis, interpretation and solution of Business Operations and Global Economics: to be demonstrated through a clearly presented and accurate solution based on academic refrences, industrial reports
|Presentation: your report should be well structured and written, be free of sentence construction and grammatical errors and include correctly formatted referencing. Analyses should be clearly and logically presented.
Module Assessment: Submission Guidelines
The reflective report should be submitted electronically using the ‘Assessment’ link on Blackboard. The deadline for submission is shown at the top of this document. Feedback will be provided for the purposes of guidance and to assist your learning and development. Any reference to marks is entirely provisional and subject to confirmation following University procedures. Only University Assessment Boards are able to issue confirmed, definitive marks.
The pass mark for this assessment is 40%.
Resit: If you do not reach a pass mark, you will have the opportunity to resit the module assignment by ‘making good’ your original submission using the feedback given by the marker and moderator.
Word limits and penalties for assignments
If the assignment is within +10% of the stated word limit no penalty will apply.
The word count is to be declared on the front page of your assignment and the assignment cover sheet. If this word count is falsified, this will be regarded as academic misconduct.
The word count does not include:
- Title and Contents page;
- Reference list;
- Appropriate tables, figures and illustrations.
Please note, in-text citations [e.g. (Smith, 2011)] and direct secondary quotations [e.g. “dib-dab nonsense analysis” (Smith, 2011 p.123)] are INCLUDED in the word count.
If the word limit of the full assignment exceeds the +10% limit, 10% of the mark provisionally awarded to the assignment will be deducted. For example: if the assignment is worth 70 marks but is above the word limit by more than 10%, a penalty of 7 marks will be imposed, giving a final mark of 63.
Summarising and compressing the information in your assignment into the word limit is one of the skills that students are expected to acquire and demonstrate as part of the assignment process.