MODULE 5 UNIT 4

Activity submission
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Learning outcomes:

LO7: Analyse what the “populist revolt” means for globalisation in the West.

LO8: Investigate the challenges facing the global business community given the rise of
populism.

Name:
1. Instructions and guidelines (Read carefully)
Instructions
1. Insert your name and surname in the space provided above, as well as in the file
name. Save the file as: First name Surname M5 U4 Activity Submission – e.g.
Lilly Smith M5 U4 Activity Submission. NB: Please ensure that you use the name
that appears in your student profile on the Online Campus.

2. Write all your answer in this document. There is an instruction that says, “Start
writing here” under the question. Please type your answer there.

3. Submit your assignment in Microsoft Word only. No other file types will be
accepted.

4. Do not delete the plagiarism declaration or the assignment instructions and

guidelines. They must remain in your assignment when you submit.

PLEASE NOTE: Plagiarism cases will be investigated in line with the Terms and
Conditions for Students.

IMPORTANT NOTICE: Please ensure that you have checked your course calendar for
the due date for this assignment.

Guidelines
1. There are 6 pages and 1 question in this assignment.

2. Make sure that you have carefully read and fully understood the question before
answering it. Answer the question fully but concisely and as directly as possible.

3. Answer the question in your own words. Do not copy any text from the notes,
readings or other sources. The assignment must be your own work only.

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Plagiarism declaration:

1. I know that plagiarism is wrong. Plagiarism is to use another’s work and

pretend that it is one’s own.

2. This assignment is my own work.

3. I have not allowed, and will not allow, anyone to copy my work with the
intention of passing it off as his or her own work.

4. I acknowledge that copying someone else’s assignment (or part of it) is

wrong, and declare that my assignments are my own work.

2. Mark allocation
Please see rubric below.

Total: 24 marks

3. Question
Module 5 has addressed the rise of populism and other forces that are contesting
globalisation and unsettling the current world order. You have explored the positive impact
of globalisation in Unit 2, and then discussed the growing resistance to globalisation that has
manifested itself in populist politics in the West in Unit 3.

This assignment requires you to reflect on the impact of populism in the 21 st century on the
business community, by reflecting on the content in this module. To aid your written
response, explore the following three resources that analyse the impact of populism on the
business community.

Resource 1:
An engaging and provocative article by John Stepek from MoneyWeek, in which he discusses
the fundamental structural flaws in the global political economy that led to the 2008
financial crisis. He argues that reforms are needed and discusses the impact these reforms
might have on business.

Access the resource.

Resource 2:
A political and economic analysis by Balentine, an American financial advisory firm, which
explores some of the structural flaws within the global economy that have contributed to
the rise to populism.

Access the resource.

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Resource 3:
An analysis on the political and economic implications of populism on the global political
economy, conducted by Barclays Bank.

Access the resource.

Consider the arguments presented in the three resources and the content that you have
covered in this module, and answer the following question:

1) What are two of the biggest challenges facing the global business community that have
been triggered by the rise of populism?

When writing your essay, you are required to make reference to the course material and the
additional resources provided in this assignment. Your submission, excluding in-text citations
and list of references, may not exceed 600 words.

Essay writing guidelines:

For guidance on referencing, planning and structuring your essay, be sure to consult the
essay writing guidelines in the Orientation Module.

Start writing here:

The following rubric will be used to grade your submission:

Unsatisfactory Limited Accomplished Exceptional

Adherence to the Answer fails to Answer adheres to Answer adheres to Answer adheres to all
brief adhere to any of some but not all most but not all elements of the brief.
the elements the elements elements of the (6)
The student has contained in the contained in the brief. (4)
written about brief. (0) brief. (2)
two challenges
facing the global
business
community as a
result of populism
and has made
use of
information from
any of the three
articles to
motivate their

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answer.

The essay
includes in-text
citations and a
reference list.
The student has
not exceeded
the word count
of 600 words.

Engagement with No submission, or There is some Answer offers a Answer demonstrates

course content fails to show evidence that the reasonable level of a thorough and
and external evidence of any student has engagement with nuanced
articles engagement with engaged with the the resources understanding of how
the resources resources. provided. All populism is impacting
The student has provided. The However, the information is the business
engaged with the submission information relevant and community through a
course content contains some extracted is at accurate. This detailed examination
and external errors of fact, or times inaccurate information has and accurate
resources to there is no and has not been been used to references to the
support a evidence that the used to illustrate how resources provided.
nuanced and student has meaningfully populism is shaping The student can
accurate written understood how answer the the future of global identify the
response. populism is question by business. The relationship between
impacting the addressing how student has been structural economic
business populism is able to reasonably flaws and the rise of
community. (0) impacting the illustrate, with populism by
business examples from the referencing the
community. (2) resources, how arguments presented
populism is in the three resources.
impacting the (6)
business
community. (4)

Evidence of There is no There is evidence There is evidence Answer demonstrates

critical thinking evidence that the of a limited that the student a nuanced
student has understanding of understands the understanding of the
The student is engaged with the some of the conceptual issues key debates and
able to draw conceptual issues conceptual issues discussed in the theories discussed in
larger conclusions discussed in the discussed in the module, though the module. The
and links module. The module. However, there remains student has drawn
between the student has not links have not been some room for important links and
resources, and been able to draw drawn between the improvement. The conclusions between
situates this links between the resources and the student shows the academic debates

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within the larger resources and the theoretical command of the around the rise of
academic academic debates content. There is relevant populism and how it is
debates that discussed in this little evidence of conceptual issues reshaping the global
surround the rise module. As a critical thinking, with some political economy. The
of populism. The result, the and the submission analytical depth. student’s answer
student engaged submission is leans towards a However, at times shows that they have
critically with the reduced to a general description the submission critically engaged with
content to draw description rather of populism rather leans towards a the content to make
meaningful than an analysis than an analysis of description of meaningful
conclusions about of populism and it. (2) populism, and conclusions about the
the impact that its impact on there is a sense state of global
populism is business. (0) that more business. The answer
having on reflection on the demonstrates superior
business and the issues covered in analytical
global political the module is sophistication,
economy. needed. (4) demonstrating a
personal and superior
marshalling of
evidence to support
their claims. (6)

Coherence and Answer is Answer shows Answer is written Answer is clearly

clarity incoherent or limited coherency clearly and structured and
lacks clarity. and clarity. The coherently. The written with great
The answer is Answer is not writing is writing is logically clarity and
clearly and logically comprehensible, structured but coherence. (6)
logically structured, or is but lacks logical there is room for
structured, incomprehensible structure. (2) improvement. (4)
written in a way . (0)
that is
comprehensible.

Total: 24 marks

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