The essay should be approximately 2000 words. Answers may be subject to electronic checking for plagiarism. They must be written in your own words (except quotations), be properly referenced and conform to an essay structure. That is, they must have an introduction stating the scope of your answer, paragraphs that focus on specific building blocks of the answer, and a conclusion that is based on the content of the answer and directly relates back to the subject of the answer. Each part must be written as a continuous discussion with no sub-headings or bullet points. The discussion must be supported by examples and references cited in the text. Use diagrams where appropriate. A list of references must be provided at the end, which must cite predominantly book/journal articles and authoritative sources. This assessment tests your ability to achieve Learning Outcomes 1 and 2 for this module: Learning Outcome 1:Examine and critically assess how scarce resources get produced, consumed and allocated and how various stakeholders in the global economy make optimal decisions. Learning Outcome 2:Examine and critically assess the economic, market and political forces shaping the business environment. “Europe must wake up to the drastic consequences of a hard Brexit.” Luyendiyk, Y. The Guardian 19th January 2018. Examine and critically evaluate the consequences of a hard Brexit forEU and UK international businesses. (NB You should consider the economic, political, legal and cultural environment in which the business operates). For each of the assessments, the following generic characteristics will be used as a basis for your grade: Generic Characteristics: a) A clear understanding of the question; b) An answer that is focused on the question; c) A sound grasp of the knowledge and concepts associated with the topic; d) Evidence of reading; e) The use of examples; f) The ability to convey ideas clearly; g) The ability to present an argument and reach a conclusion from that argument; h) The ability to critically appraise subject material; i) The ability to assess and evaluate ideas; j) The ability to present original argument based on knowledge and understanding of the literature; k) A critical and reflective approach. A grade above 70% is deemed a Distinction; 60 to 69% is a Merit Grade, and 50 to 59% is a Pass Grade. Each essay will be graded as a percentage, and the overall grade will be determined by the mean mark of the two.
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