BUSN112 Assessment Answers Australia

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All organizations must be able to assess, examine, and react to outside factors. The legal/political, economic, and consumer settings are crucial contexts in which organizations function. Students will gain the information necessary for good management in this course by studying ways to support efficient decision-making in marketing, statistics, business law, and economics.

With the information acquired in this unit, students will be able to evaluate the possibilities and dangers associated with operating a firm in highly competitive consumer and commercial marketplaces. With a focus on consumer and business law perspectives, students will do this through building a grasp of the legal and economic foundations pertinent to business. Students will utilize this understanding to apply it to the managerial task of marketing, which is externally orientated.

This unit aims to improve students' understanding of the external environments in which organizations operate, to help them learn the fundamentals of statistics, to analyze trends in these environments, and to apply their newly acquired knowledge to tasks related to marketing function.

You can hire competent assignment experts to achieve high scores if you need help with your BUSN112 assessment answers. Read the information below to learn more about managing the market, which will help you with both concepts. We provide the best BUSN112 Managing Market assignment help. Our specialists are well-versed in the subject's many subfields.

Topic covered in BUSN112 Course:

• Basic principles of business law in Australia.
• Introduction to marketing, consumer orientation, and the marketing mix, together with major economic concepts and Australian economic institutions' forms of competition,
• Marketing segmentation, targeting, and positioning descriptive statistics and their application in business decisions
• There are ways to show data to help people comprehend statistical results.
• Communicating effectively across a range of circumstances and organizational structures is key.

Learning Outcomes of the Course BUSN112 Course:

After completing this lesson successfully, students need to be able to:

• Identify a source of stress in management life from a list that includes mismatches between capabilities and roles, player-manager conflict, and everyday pressures.
• Determine the primary economic and regulatory elements' influence on the organization's macroenvironment. They comprehend the concepts of management and managerial effectiveness.
• Determine the core marketing approaches and ideas that will lead to profitable business and social consequences. Determine the duties that are performed when working as a manager.
• Examine several statistical tools for guiding marketing decisions. Determine which management actions contribute to managerial effectiveness. Time constraints and the need for time management
• Use relevant knowledge, skills, and judgment to demonstrate mastery of communication theory and information literacy for business and academic audiences.

Texts and references

• Baye, MR 2017,Managerial economics and business strategy, McGraw Hill, New York.
• Croucher, J 2016.Introductory mathematics and statistics, McGraw Hill, North Ryde.
• Elliot, G, Rundle-Thiele, S, Smith, S, Waller, D, Eades, L Bentrott, I. 2018,Marketing, 4th edn, John Wiley and Sons, Milton.
• Jaggia, S, Kelly, A, Salzman, S, Olaru, D, Sriananthakumar, S, Beg, R Leighton, C 2020,Essentials of Business Statistics: Communicating with Numbers, McGraw Hill Education, North Ryde.
• Kolter, P Keller, K 2016,Marketing management,global edn, Pearson Higher Ed, New York.
• Layton, A, Robinson, T Tucker, IB 2018,Economics for today5th Asia Pacific edn, Cengage, South Melbourne.
• Journal Articles
• Clements, Kenneth W, 2019. Four Laws of Consumption.The Economic record, 95(310), pp.358385.
• Cooper, Robert G, 2019. The drivers of success in new-product development.Industrial marketing management, 76, pp.3647.
• Eckhardt, Giana M et al., 2019. Marketing in the Sharing Economy.Journal of marketing, 83(5), pp.527.
• Gronroos, Christian, 1994. From marketing mix to relationship marketing: Towards a paradigm shift in marketing.Management decision, 32(2), p.4.

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