Global Business Environment

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Assignment Brief Academic Year 2022-23

Module code
and title:		 BM461 Global Business
Environment		 Module leader: John Hathaway
Assignment
No. and type:		 CW1: 500-word (+/-10%) report
relating to the overall topic of the
Global Business Environment		 Assessment
weighting:		 30%
Submission
time and date:		 Before 14:00 on 27th June 2023 Target feedback
time and date:		 In 3 weeks

 

Assignment task
Write a short briefing document of no more than 500 words that explains how successful the UK
governments present activities are, in relation to fighting inflation and identify some measures of success
that you expect to see within the economy as a result of these policies. The title for your work should be,
‘The UK Government Response to the Rise of Inflation within the Economy.’
The purpose of this task is to test your:
Knowledge of economic theory, LO3.
Assess your ability to identify and collate reputable sources of economic data and policy, LO1.
Analyse the data and information for links to both relevant economic theories used throughout the
lecture series and from your own reading of academic texts, LO3.
Assess the effectiveness of these policy actions in positively impacting the business environment,
LO2.
You should choose one government policy to focus upon only, e.g. Interest rates, changes in tax regime,
lower government expenditure etc…
You should reflect on module content and use this as a basis to express your own ideas, using theory,
academic references and practical industry examples where appropriate.
This 500-word (+/-10%) briefing document does not require a cover sheet, table of contents, executive
summary or appendices. All tables, charts and diagrams should appear within the main body of the
briefing document. All words appearing in tables, charts and diagrams are not included in the word count.
There should be a minimum of 5 references from reputable sources and referenced using the Harvard
system used to support your argument. The briefing document should be professionally formatted and
presentable to a business manager.

 

This assignment has been designed to provide you with an opportunity to demonstrate your
achievement of the following module learning outcomes:
LO1: Obtain and interpret information relevant to an analysis of a firm’s business environment.

Helen Ridlinton – 09/09/22
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LO2: Assess the impact of government on the structure and operation of a business organisation.
LO3: Demonstrate an understanding of the impact of changes in the business environment on business
organisation and activity.

 

Referencing and presentational requirements
Please reference your work using the Harvard style as defined in Cite Them Right Online
(http://www.citethemrightonline.com).
Follow the course guidelines regarding submitting work, as below (e.g. electronic or paper copies).
Pages should be numbered.
All work to be submitted as Arial 11 font with line and a half spacing.
All writing should be in the third person passive.
Front cover, executive summaries, if used, contents pages, reference lists, all words in tables
charts and diagrams are not included in the word count.
Written work must be word-processed.
The module title and code number must be clearly marked on the front cover.
There should be a minimum of 5 references from reputable sources and referenced using the
Harvard system used to support your argument.
The briefing documents should be professionally formatted and presentable to a business
manager.
Work you submit for assessment must be properly referenced – a guide to the Harvard system of
referencing can be found on the Bucks website at bucks.ac.uk/referencing.
You may seek clarification from the module tutor at any time.
There is no excuse for failing to submit your work in accordance with the guidance, work that does
not meet the necessary standards in that respect will be marked accordingly.
No collaboration is allowed.

 

Submission details
This assignment should be submitted electronically using the relevant submission point in the
Submit your work section of your Blackboard module shell.
Please ensure that your work has been saved in an appropriate file format. Turnitin will only accept
the following file types: Microsoft Word, Excel or PowerPoint, PostScript, PDF, HTML, RTF,
OpenOffice (ODT), Hangul (HWP), Google Docs, or plain text. Your file must also contain at least
20 words of text, consist of fewer than 400 pages and be less than 40MB in size.
You can submit your file as many times as you like before the submission date. If you do submit
your file more than once, your earlier submission will be replaced by the most recent version.
Once you have submitted your file, you will receive a digital receipt as proof of submission, which
will be sent to your forwarded e-mail address (provided you have set this up). Please keep this
receipt for future reference, along with the original electronic copy of the file.

 

Academic integrity
Academic integrity means taking responsibility for your own work.
When you submit an assignment, you are effectively making a declaration that it is your own work and that

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you have acknowledged the contribution of others and their ideas in its development (for example, by
referencing them appropriately).
For further information and guidance, please see the University website: https://www.bucks.ac.uk/current
students/registry-helpdesk-and-academic-advice/academic-integrity-and-misconduct
You are also expected to take responsibility for maintaining and managing confidentiality issues in your
work. You should maintain and respect confidentiality in relation to the protection of personal, technical
and/or commercial information of a sensitive nature in their assessed work, whatever the format.
Confidentiality issues will vary from subject to subject and you are encouraged to seek advice from your
course team if you are unclear about requirements in your context. For further information and guidance,
please see the University website: https://www.bucks.ac.uk/academic-confidentiality

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Assessment Criteria Academic Year 2022-23

0-34 (F) –
Fail
Not successful		 35-39 E –
Marginal fail
Below required
standard		 40-49 (D)
Pass
Satisfactory		 50-59 (C)
Pass
Good		 60-69 (B)
Pass
Very Good		 70-79 (A)
Pass
Excellent		 80-100 (A+)
Pass
Outstanding
Criterion 1
Knowledge and
understanding
25%
This should include
evidence of:
• Depth of
knowledge and
understanding
• Engagement with
subject-specific
theories, paradigms,
concepts and
principles
• Background
investigation,
analysis, research,
enquiry and/or study.		 Work demonstrates a
limited and/or
substantially inaccurate
or no understanding of
the underlying concepts
and principles
associated with the
subject area. There is
little or no
demonstration of the
ability to identify
principles and concepts
underlying theoretical
frameworks and
approaches. There is
little or no evidence of
wider reading.		 Work demonstrates
insufficient
understanding of the
underlying concepts
and principles
associated with the
subject area. There is
insufficient
demonstration of the
ability to identify
principles and concepts
underlying theoretical
frameworks and
approaches There is
limited evidence of
wider reading and/or
wider reading lacks
relevance.		 Work demonstrates a
basic understanding of
the underlying concepts
and principles
associated with the
subject area. There is
sufficient demonstration
of the ability to identify
principles and concepts
underlying theoretical
frameworks and
approaches. Wider
reading is relevant but
largely restricted to core
texts and only partially
integrated.		 Work demonstrates a
sound breadth and
depth of understanding
of the underlying
concepts and principles
associated with the
subject area. There is a
sound demonstration of
the ability to identify
principles and concepts
underlying theoretical
frameworks and
approaches. Wider
reading is largely
limited to core texts but
has clearly enhanced
the work.		 Work demonstrates a
refined understanding
of the underlying
concepts and principles
associated with the
subject area. There is a
sophisticated
demonstration of the
ability to identify
principles and concepts
underlying theoretical
frameworks and
approaches. Wider
reading shows a range
of sources being used
and applied, some of
which are
independently selected.		 Work demonstrates a
highly accomplished
understanding of the
underlying concepts
and principles
associated with the
subject area. There is a
highly accomplished
demonstration of the
ability to identify
principles and concepts
underlying theoretical
frameworks and
approaches. Application
of wider independent
reading is fully evident
in the work.		 Work demonstrates an
exceptional
understanding of the
underlying concepts
and principles
associated with the
subject area. There is
an exceptional
demonstration of the
ability to identify
principles and concepts
underlying theoretical
frameworks and
approaches. Application
of extensive
independent reading is
evident throughout the
work.
Criterion 2
Analysis and
criticality
30%
This should include
evidence of:
• Logic and
argument
• Use and range of		 Work demonstrates a
limited or no ability to
develop lines of
argument and make
judgements in
accordance with basic
theories and concepts,
evidenced by: • little or
no demonstration of an
ability to devise and
sustain arguments
and/or solve
problems/make		 Work demonstrates an
insufficient ability to
develop lines of
argument and make
some sound
judgements in
accordance with basic
theories and concepts,
evidenced by: •
insufficient
demonstration of the
ability to devise and
sustain arguments		 Work demonstrates a
sufficient ability to
develop lines of
argument and make
largely sound
judgements in
accordance with
fundamental theories
and concepts,
evidenced by: • use of
ideas and techniques to
devise and sustain
arguments and/or solve		 Work demonstrates
well-developed lines of
argument and sound
judgements made in
accordance with
fundamental theories
and concepts,
evidenced by: • use of
ideas and techniques to
devise and sustain
arguments and/or solve
problems, most of
which are consistent		 Work demonstrates
well-developed lines of
argument and
sophisticated
judgements made in
accordance with
fundamental theories
and concepts,
evidenced by: • use of
ideas and techniques to
devise and sustain
arguments and/or solve
problems, all of which		 Work demonstrates
highly accomplished
development of lines of
argument and
independent
judgements made in
accordance with
fundamental theories
and concepts,
evidenced by: • use of
ideas and techniques to
devise and sustain
arguments and/or solve		 Work demonstrates
exceptionally
accomplished
development of lines of
argument as well as
sophisticated and
independent
judgements made in
accordance with
fundamental theories
and concepts,
evidenced by: • use of
ideas and techniques to

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Assessment Criteria Academic Year 2022-23

0-34 (F) –
Fail
Not successful		 35-39 E –
Marginal fail
Below required
standard		 40-49 (D)
Pass
Satisfactory		 50-59 (C)
Pass
Good		 60-69 (B)
Pass
Very Good		 70-79 (A)
Pass
Excellent		 80-100 (A+)
Pass
Outstanding

 

independently
selected sources
• Analysis and
synthesis
• Analytical reflection
• Organisation and
communication of
ideas and evidence
• Creativity		 decisions • little or no
demonstration of an
ability to describe and
comment upon aspects
of fundamental theories
and concepts • little or
no use of relevant and
appropriate sources to
support arguments		 and/or solve problems
consistent with the
norms of the discipline •
some ability to describe
and comment upon
aspects of fundamental
theories and concepts •
there is some limited
evidence of the ability
to select evaluate and
comment on a limited
range of relevant and
appropriate sources to
support arguments.		 problems, some of
which are consistent
with the norms of the
discipline • the ability to
describe and comment
upon aspects of
fundamental theories
and concepts • use of a
sufficient range of
relevant and
appropriate sources to
support arguments,
some of which are
independently selected.		 with the norms of the
discipline • the ability to
consistently describe
and comment upon
aspects of fundamental
theories and concepts •
use of a sound range of
relevant and
appropriate sources to
support arguments
some of which
independently selected.		 are consistent with the
norms of the discipline •
the ability to describe,
synthesise and critique
aspects of fundamental
theories and concepts •
use of a sophisticated
range of relevant and
appropriate sources to
support arguments
some of which are
independently selected.		 problems, all of which
are consistent with the
norms of the discipline
and beyond what has
been taught • the ability
to describe, synthesise
and critique all relevant
aspects of fundamental
theories and concepts •
use of a highly
accomplished range of
relevant and
appropriate sources to
support arguments
many of which are
independently selected.		 devise and sustain
arguments and/or solve
problems, all of which
are consistent with the
norms of the discipline
and well beyond what
has been taught • the
ability to describe,
synthesise and critique
in great depth all
relevant aspects of
fundamental theories
and concepts • use of
an exceptional range of
relevant and
appropriate sources to
support arguments
many of which are
independently selected.
Criterion 3
Application and
practice
30%
(Key indicators for
application and
practice)
• Development
and/or application
discipline-specific
specialist skills
• Accuracy,
coordination and		 The work demonstrates
a limited or no ability to
evaluate and accurately
apply given
problemsolving
approaches/method
s/tools/techniques
relevant to welldefined
aspects of the subject
and/or working
contexts, and so:
• processes attempted
but inaccurate and error
strewn
• use of given technical,
creative and/or artistic
skills is not
demonstrated in most
or all key areas		 The work demonstrates
an insufficient ability to
evaluate and accurately
apply given
problemsolving
approaches/methods/
tools/techniques
relevant to well-defined
aspects of the subject
and/or working contexts
and so:
• practical tasks and/or
processes completed
with partial accuracy
and independence
• use of given technical,
creative and/or artistic
skills is only
demonstrated in some		 The work demonstrates
a sufficient ability to
evaluate and apply
given problem-solving
approaches/methods/
tools/techniques
relevant to well-defined
aspects of the subject
and/or working contexts
and so:
• complete practical
tasks and/or processes
accurately in well
defined contexts
• use of a given range
of technical, creative
and/or artistic skills is
demonstrated
• present findings in		 The work demonstrates
an ability to evaluate
and apply, in a
consistent and informed
manner, given problem
solving
approaches/methods/
tools/techniques
relevant to well-defined
aspects of the subject
and/or working contexts
and so:
• complete practical
tasks and/or processes
accurately with a
degree of autonomy in
well-defined contexts
• consistently use a
given range of		 The work demonstrates
an ability to evaluate
and apply in a capable
and effective manner,
given problem-solving
approaches/methods/
tools/techniques
relevant to well-defined
aspects of the subject
and/or working context
and so:
• complete practical
tasks and/or process
autonomously and with
accuracy and
coordination in well
defined contexts
• consistently use in a
highly developed way a		 The work demonstrates
an ability to select,
evaluate and apply in a
highly accomplished
manner, appropriate
problem-solving
approaches/methods/
tools/techniques
relevant to well-defined
aspects of the subject
and/or working contexts
and so:
• complete practical
tasks and/or process
autonomously and with
a high degree of
accuracy, coordination
and proficiency in well
defined contexts		 The work demonstrates
an ability to select,
evaluate, and apply in a
exceptionally
accomplished manner
appropriate
problemsolving
approaches/methods/
tools/techniques
relevant to well-defined
aspects of the subject
and/or working contexts
and so:
• complete practical
tasks and/or process
autonomously and with
an exceptional degree
of accuracy,
coordination and

5
Assessment Criteria Academic Year 2022-23

0-34 (F) –
Fail
Not successful		 35-39 E –
Marginal fail
Below required
standard		 40-49 (D)
Pass
Satisfactory		 50-59 (C)
Pass
Good		 60-69 (B)
Pass
Very Good		 70-79 (A)
Pass
Excellent		 80-100 (A+)
Pass
Outstanding

 

proficiency in
completion of
practical tasks/
processes
• Technical, creative
and/or artistic skills
• Presentation of
research findings
and use of data		 • presentation of
findings is not clear or
effective, and/or
gathering, processing
and interpretation of
data ineffective and/or
incomplete		 of the key areas
• presentation of
findings is often not
clear or effective,
and/or gathering,
processing and
interpretation of data is
substantially ineffective
and/or inefficient.		 clear and appropriate
formats, and gather,
process and interpret
data in a predominantly
efficient and effective
manner.		 technical, creative
and/or artistic skills
• consistently present
findings in clear and
appropriate formats,
and gather, process
and interpret data in an
efficient and effective
manner.		 given range of
technical, creative
and/or artistic skills
• consistently present
findings in detailed,
clear and appropriate
formats, and gather,
process and interpret
data in a consistently
efficient and effective
manner.		 • consistently use in a
highly developed way
the full range of given
technical, creative
and/or artistic skills
• consistently present
findings perceptively,
convincingly and
appropriately and in a
wide range of
appropriate formats,
and gather, process
and interpret a wide
range of data in a highly
consistent, efficient and
effective manner.		 proficiency in well
defined contexts
• consistently use in a
highly developed and
sophisticated way the
full range of given
technical, creative
and/or artistic skills
• consistently present
findings perceptively,
authoritatively and
appropriately and in a
wide range of
appropriate formats,
and gather, process
and interpret a very
wide range of data in an
exceptionally
consistent, efficient and
effective manner.
Criterion 4
Transferable skills
15%
(Key indicators for
transferable skills)
• Written, verbal and
electronic
communication
• Numeracy and
digital literacy
• Teamwork and
leadership skills		 Work demonstrates
limited or no ability to: –
communicate
information, ideas,
problems and solutions
accurately and reliably
utilising relevant
numeracy, digital
literacy, oral and written
communication skills in
well-defined contexts. –
work effectively with
others in relation to a
team effort recognising
the factors that affect
team performance –
manage their learning
and work with direction		 Work demonstrates an
insufficient ability to: –
communicate
information, ideas,
problems and solutions
accurately and reliably
utilising relevant
numeracy, digital
literacy, oral and written
communication skills in
well-defined contexts. –
work effectively with
others in relation to a
team effort recognising
the factors that affect
team performance –
manage their learning
and work with direction		 Work demonstrates a
sufficient ability to: –
communicate
information, ideas,
problems and solutions
accurately and reliably
utilising relevant
numeracy, digital
literacy, oral and written
communication skills in
well-defined contexts. –
work effectively with
others in relation to a
team effort recognising
the factors that affect
team performance –
manage their learning
and work with direction		 Work demonstrates a
consistent and
confident ability to: –
communicate
information, ideas,
problems and solutions
accurately and reliably
utilising relevant
numeracy, digital
literacy, oral and written
communication skills in
well-defined contexts. –
work effectively with
others in relation to a
team effort recognising
the factors that affect
team performance –
manage their learning		 Work demonstrates a
highly proficient ability
to: -communicate
information, ideas,
problems and solutions
accurately and reliably
utilising relevant
numeracy, digital
literacy, oral and written
communication skills in
well-defined contexts. –
work effectively with
others in relation to a
team effort recognising
the factors that affect
team performance –
manage their learning
and work with direction		 Work demonstrates a
highly accomplished
ability to: -communicate
information, ideas,
problems and solutions
accurately and reliably
utilising relevant
numeracy, digital
literacy, oral and written
communication skills in
well-defined contexts. –
work effectively with
others in relation to a
team effort recognising
the factors that affect
team performance –
manage their learning
and work with direction		 Work demonstrates an
exceptional ability to: –
communicate
information, ideas,
problems and solutions
accurately and reliably
utilising relevant
numeracy, digital
literacy, oral and written
communication skills in
well-defined contexts. –
work effectively with
others in relation to a
team effort recognising
the factors that affect
team performance –
manage their learning
and work with direction

6
Assessment Criteria Academic Year 2022-23

0-34 (F) –
Fail
Not successful		 35-39 E –
Marginal fail
Below required
standard		 40-49 (D)
Pass
Satisfactory		 50-59 (C)
Pass
Good		 60-69 (B)
Pass
Very Good		 70-79 (A)
Pass
Excellent		 80-100 (A+)
Pass
Outstanding

 

• Personal
motivation,
organisation and
time-management
• Personal
development /
reflection on own
work
• Capacity to work
within a framework of
professional
values/code of
conduct as well as
addressing
sustainability
(environmental,
economic and
personal) and social
& ethical
considerations in
their work		 and supervision -use
Initiative to take
responsibility for the
nature and quality of
outputs -reflect on own
work and recognise
own strengths and
weaknesses in relation
to preparedness for
next level of study –
work in relation to
specified and externally
defined parameters
(e.g. professional
values and/or codes of
conduct) adapting
behaviour to meet
these obligations –
demonstrate awareness
of ethical issues and
discuss these in relation
to personal beliefs and
values.		 and supervision -use
Initiative to take
responsibility for the
nature and quality of
outputs -reflect on own
work and recognise
own strengths and
weaknesses in relation
to preparedness for
next level of study –
work in relation to
specified and externally
defined parameters
(e.g. professional
values and/or codes of
conduct) adapting
behaviour to meet
these obligations –
demonstrate awareness
of ethical issues and
discuss these in relation
to personal beliefs and
values.		 and supervision -use
Initiative to take
responsibility for the
nature and quality of
outputs -reflect on own
work and recognise
own strengths and
weaknesses in relation
to preparedness for
next level of study –
work in relation to
specified and externally
defined parameters
(e.g. professional
values and/or codes of
conduct) adapting
behaviour to meet these
obligations –
demonstrate awareness
of ethical issues and
discuss these in relation
to personal beliefs and
values.		 and work with direction
and supervision -use
Initiative to take
responsibility for the
nature and quality of
outputs -reflect on own
work and recognise
own strengths and
weaknesses in relation
to preparedness for
next level of study –
work in relation to
specified and externally
defined parameters
(e.g. professional
values and/or codes of
conduct) adapting
behaviour to meet
these obligations –
demonstrate awareness
of ethical issues and
discuss these in relation
to personal beliefs and
values.		 and supervision -use
Initiative to take
responsibility for the
nature and quality of
outputs -reflect on own
work and recognise
own strengths and
weaknesses in relation
to preparedness for
next level of study –
work in relation to
specified and externally
defined parameters
(e.g. professional
values and/or codes of
conduct) adapting.		 and supervision -use
Initiative to take
responsibility for the
nature and quality of
outputs -reflect on own
work and recognise
own strengths and
weaknesses in relation
to preparedness for
next level of study –
work in relation to
specified and externally
defined parameters
(e.g. professional
values and/or codes of
conduct) adapting
behaviour to meet
these obligations –
demonstrate awareness
of ethical issues and
discuss these in relation
to personal beliefs and
values.		 and supervision -use
Initiative to take
responsibility for the
nature and quality of
outputs -reflect on own
work and recognise
own strengths and
weaknesses in relation
to preparedness for
next level of study –
work in relation to
specified and externally
defined parameters
(e.g. professional
values and/or codes of
conduct) adapting
behaviour to meet
these obligations –
demonstrate awareness
of ethical issues and
discuss these in relation
to personal beliefs and
values.

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