BIZ202 ASSESSMENT ANSWER

BIZ202 Business Environment

The assessment BIZ202 is about the business environment and students need to write a report in the microenvironment in a report format. The context of the assessment describes that businesses in the modern marketplace cannot afford to ignore the environments in which they operate. To navigate this vast and ever-changing landscape, the business must keep a keen eye on microenvironmental factors that influence them. This report is an effort for the students to identify these factors and propose solutions to the risks that they pose. This is one of the most important courses for the students and Laureate International Universities offers this coursework in their module for the students to learn and implement in their professional life.

Laureate International Universities

The Laureate International Universities is a leading international network of the university that provides higher education across the world. Australia has been an integral location for setting up a university and thus Laureate International Universities had planned to set up in Australia. There are 75 institutions around the world and among them, Laureate has opened Australia’s first private university after 20 years by partnering with Torrens university which is located in Southern Australia. Torrens University brings a career-focused and global perspective to Australia’s higher education. It is one of the fastest-growing universities in Australia where more than 90 per cent of the student enrol immediately after completing their graduation. There are around 19000 students who are currently enrolled in the university across 115 different countries globally. Moreover, the university has contributed almost 1.2 billion dollars to Australia’s GDP and supported more than 2000 full-time equivalent full-time jobs from 2015 to 2018. The university provides multiple study courses from under graduation to post-graduation and in different modes, both on-campus and online and a blend of two modes. Thus, making the university one of the most popular universities in Australia.

Unit details

Location

Australia

Study level

Postgraduate

Unit code

BIZ202

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Assessment brief

Learning outcomes

1. The students need to examine the influence of the external environment on the organisations.
2. The students need to identify and apply appropriate frameworks and tools to various problems and challenges faced by the organisation.
3. The students need to apply a relevant framework to evaluate the micro and macro environmental influences in different organisations.

Instructions

The students need to choose an article about an Australian or international business still in operation published within the last three months from the submission date of this assignment help from the listed sources. Then the students need to write a report identifying and analysing any relevant information about the microenvironmental factors of the organisation from the chosen article. In this process, the students need to incorporate the following –

1. The students need to identify microenvironmental factors that influence the chosen business specifically. These factors may include but are not limited to the customers, competitors, suppliers, intermediaries, public opinion and new entrants. Analyse their impact on the business that may be in terms of but not limited to changes in business performance, structure, policies, profitability, value-adding attributes, reputation, growth and market share.
2. Then, the students need to propose solutions to challenges to counter prevailing or potential risks.

Structure of the report

1. Cover page– it includes assessment title, student name and ID, subject name and code and submission date.
2. Executive summary– it proves a summary of the content within the report. It presents information in such a way that readers can understand the intention and key elements of the report without having to read the entire document.
3. Table of contents– Summary of section and page numbers.
4. Introduction– It sets the scene and proved context for the aim.
5. Identification and analysis of microenvironmental factors– In this section, the report is expected to identify all influencing microenvironmental factors, provide insight and thoroughly analyse the most influencing microenvironmental factors in the business.
6. Challenges of solutions– The report is expected to identify the key challenges and risks present in the microenvironment of the chosen business and provide a correct strategy to deal with each, as well as through explanation and justification of each strategy.
7. Conclusion– it restates the aim then provides a brief and concise summary of the discussion to demonstrate the aim of the report that has been achieved.
8. References– The referencing format for this report is APA and proper texting is required for the report. No information is required in this conclusion.
9. Appendices– supporting materials that should be included in the report, and needs to be contributed to the report.

Weightage of the course

The BIZ202 assessment answer is based on the business environment and has a total of two assessments: assesment1 and assessment 2. Assessment 1 is an individual microenvironment report which has a word limit of 1000 words. The weightage of the course is 30 %n and it carries 100 marks in total. Assessment 2 is an individual business environment report which has a length of 1500 words. The weightage of the assessment is 40 % and it carries 100 marks in total. The assessment is individual-based and needs to have original work in the paper. The students might discuss among themselves regarding the assessment for guidance but each paper needs to be unique and original.  There is no room for plagiarism and student need to follow all the university guidelines. Proper referencing needs to be done throughout the assessment paper and the referencing needs to be done in APA style with in-text citations as instructed by the university. Moreover, students may take help from the university library from books and papers to make the assessment more authentic and better. Being a subject of the postgraduate degree, students are expected to engage with high-quality academic journal articles, using the Torrens University Library textbooks, newspapers, journals and anything that can be obtained through authentic and official websites present on the internet will be considered as an authentic source of the secondary research for completing this assessment. The authenticity of the report will be decided based on the research effort and skills presented by the student in the paper and grades will be provided based on the quality and authenticity of the paper.

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