BSBMKG511 Analyse data from International markets

Task 1 Knowledge questions

Please read the following questions and provide a brief answer below.
You can use the Student Book available in Moodle as your primary source of information when trying to answer the questions. However, you must write your answer in your own words (otherwise, it may be considered plagiarism).
1.Explain what Central Tendency is and give an example.

2.What is Dispersion? Give an example.
3.Explain what Sampling is.
4.Explain what PEST analysis is giving a brief example of each area in the analysis.
5.Give three examples of what Cultural Aspects mean when analysing international data.
6.Create a Quantitative question…
7.Create a Qualitative question…
8.Describe what Best Practice is.
9.Explain what Benchmarking is.
10.Give an example of what Strategic Alliance is?

Task 2 Project Report
Assessment instructions

In this task you need to conduct research regarding the export of Australian Food to various countries. Using statistical analysis, you will explain the variance in data across a period of 5 years. You will explain the strong growth and/or decline of various commodities over this period of time. Task Requirements:-
1.Select a specific commodity or product (refer to trainer)
2.Identify two sets of data:
a.5 years of data for the export of that specific product to a specific country
b.5 years of data for the export of that specific product to at least three (3) other countries:
3.Using measures of central tendency demonstrate forecasting:
a.For both sets of data
b.Forecasting for two years from today
c.Analysing the data, identify potential opportunities or threats to the market
4.Prepare, plot and interpret the data from the statistics for visual presentation. Select and use tools that are appropriate, for example, Excel spreadsheet or similar.
5.Write a report on your findings.
a.What happened to the amount of exports of that product?
b.Why do some countries want more or less of this product?
6.The report needs to contain the following:
a.All data in a table format and properly labelled
b.Line graphs to demonstrate increases, stabilization or decreases in past years
c.Line graphs to demonstrate increases, stabilization or decreases in forecasting
d.Pie graphs demonstrating the market breakdown of different countries
e.References & Appendixes
7.Create a PowerPoint, Prezi or a visual presentation of your interpretation of the data.

Report format guidelines (refer to template provided):
1.Use Microsoft Word or PDF
2.Include the following:

Title page

Contents page

Your report

References3.Follow these general report rules as well:

Use the same font throughout the document

Use the same font size throughout the document, except for headings which are alarger font

Use both a Header and a Footer in your document

Please note: ILSC can use third party software to detect plagiarism.

Upload your report with this completed assessment on Moodle.