Module Number: BMP4003
Module Name: Business Environment
Assessment Type: Individual Presentation with Voice Over (10 to 15 Minute)
Assessment Name: Article Review – Economic Concepts and Models
Learning Outcomes Assessed:
LO3: Demonstrate an ability to investigate and explain how economic factors can affect business activities.
LO4: Explain challenges facing business in a global economy.
Trampoline prices ‘to soar 50% on shipping costs’
The following is an extract from the BBC’s Business Webpage. It highlights the recent issues relating to high transport costs and port congestions.
https://www.bbc.co.uk/news/business-55702243 [Accessed 27/01/2021]
This case highlights the issues caused by Brexit as well the long terms consequences for the shipping industry.
You are required to prepare a presentation. The presentation task is to review the above article on the BBC webpage and to expand on the aspects of microeconomic theory which underpin the discussion. The following points should be focused upon in delivering your presentation.
- Explain the main argument(s) of the article using microeconomic concepts/terms
- Refer to theory and apply it to main the issues – you should choose to focus on two of the following
- Demand and Supply
- Market Structures
- Economic Profit and Business Organisation
- Costs and Production
- Provide explanations of examples in the article
“You can order BMP4003 Business Environment Assignment 1 from our service and can get a completely high-quality custom paper. Our service offers any of the BMP4003 Academic paper written from scratch, according to all customers’ requirements, expectations and highest standards.”
100% Plagiarism Free
24X7 Customer Support
Leave A Comment