(Graded) Task Brief

Business
Assessor Diploma Subject Business
Management
AA3/3/EA
Unit Business and the Economy Code Credits 3
/040
Task Title Business and the Economy Task no. for unit 1/1
Date set Submission date Draft Deadline

Task Form of Assessment

Scenario
You are adopting the role of a business consultant and have been asked to write a
formal business report on a selected global business to be presented at a UK
government conference. You must select a global business of your choice.
The areas which should be covered in your investigation and presented in your
formal business report are as follows:
Task
1.1 Discuss two possible causes of:
a) economic growth
b) inflation
Formal Report
c) unemployment
2.1 Analyse, using two examples, how firms may respond to changes in
economic growth
2.2 Discuss two effects that inflation may have on firms and assess the strategies
they may use to deal with them
2.3 Assess two effects of increased unemployment on a firm

This assignment provides evidence for the unit “Producing a written Assignment”
code (HC7/3/EA/047)

Guidance Notes:
You are required to produce a written report considering the guidance and relevant assessment criteria
below. This should be written in a concise, formal business style using single spacing and font size 12 (in
Time New Romans). You are required to make use of headings, paragraphs and subsections as
appropriate, and all work must be supported with research and reference using the Harvard referencing
system.
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© AIM Awards 2013 April 2014 Version 5
 (Graded) Task Brief

Assessment
To achieve a Pass grade the submission must meet all the Assessment Criteria below.
If all the Assessment Criteria are met, your submission will be assessed for higher grades against the identified Grade Descriptor
components.
If all the Assessment Criteria are not met then you will be offered a resubmission within a short deadline set by your tutor.
If your second submission, within the designated short period meets the Assessment Criteria it becomes eligible for assessment
for the higher grades.

Assessment Criteria
1.1 1.1 Discuss two possible causes of:
a) economic growth
b) inflation
c) unemployment
2.1 Analyse, using two examples, how firms may respond to changes in economic growth
2.2 Discuss two effects that inflation may have on firms and assess the strategies they may use to deal
with them
2.3 Assess two effects of increased unemployment on a firm.

GD Merit Distinction
No. Grade descriptor component Grade descriptor component
The student demonstrates a very good grasp of the
GD The student work demonstrate an excellent grasp
relevant knowledge base
1a of the relevant knowledge base

The student provided with either a breadth or depth The student provided with both a breadth and depth
GD
that goes beyond the minimum required to Pass that goes beyond the minimum required to Merit
2b

The student work is structured in a way that is

GD The student work is structured in a way that is
generally logical and fluent
7a consistently logical and fluent

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© AIM Awards 2013 April 2014 Version 5