BSBMKG605 Assessment 1 Questions and Answers

The students studying BSBMKG605 unit have to think like a marketer. Not just any marketer, but an international marketer who is going to expand the functioning of the business into several countries and make it an international brand. For that, you have to write assignments to develop your skills and competency. My Assignment Services’ marketing assignment help will help you.

I am going to tell you how can you write BSBMKG605 assessment 1 answers.

Assessment Tasks

There are a number of activities that you need to complete and give an answer to in the BSBMKG605 assessment 1. Every activity has a specified time associated that is expected to be taken to complete the activity.

I will try to help you through as many as activities as I can out of the 4 and give you BSBMKG605 assessment 1 answers for.

Activity 1A

What are the current international trade patterns in your industry and how do these affect your business?

Every single business operates in accordance with some international guidelines, right? So, if you are looking for an opportunity to expand your business across borders, you need to be aware of what the latest developments are taking place internationally. For that, you need to keep yourself updated with the data published by the Organisation for Economic Cooperation and Development.

Select an industry that you would be working in. I chose the grocery industry. So, to write this answer, I will take a dive on the internet and search for what the global grocery giants have been up to.

How might a recession negatively affect global demand and the economy?

We all know how bad a recession is and there are plenty of peer-reviewed journal articles on the internet that talk about the effect of recession. If you are a grocery organisation with chains in 5 countries, a recession in any one will disrupt your entire functioning. The effect of recession will be what it is.

Below is the Activity 1A answer that I wrote for BSBMKG605 assessment 1 answers for a student. You can use this for reference of your own assessment answer.

Activity 1B

Choose a country that you may potentially want to enter (in terms of marketing). What international business and electronic commerce market factors may affect your ability to enter, shape or influence that market (and how)?

To write this answer, you need to take your query to a marketing assignment expert and learn what the various international business and electronic commerce market factors are. These factors are essential for any business as they directly influence the working of the market. These factors are numerous including social, legal, cultural, etc. The factors depend on the country that you have chosen for your purpose.

Just to give you an idea of what you are expected to write, I have attached a snapshot of the BSBMKG605 assessment 1 answer to Activity 1B.

Activity 1C

What are free trade and protectionist agreements?

To answer this question, you should be aware of what is free trade. Also, you should be aware of what are protectionist. Once you are done with that, you need to search what are the protectionist agreements. Conducting the search on the internet for the answer will take you to what are free trade agreements, what does it imply in an economy, what is protectionist agreement and what is their impact in the economy.

The BSBMKG605 assessment 1 answers for Activity 1C will take comparatively more time than the previous assessments. I wrote the answer for this and here is a part of the answer for your reference.

Your answer will become better and more authoritative if you also include the examples of the countries that have adopted free trade arrangements and those which have protectionist agreements. Analyse the effect on their economy so that you can get a practical proof of these arrangement systems.

Activity 1D

Explain the following:

1. Customs unions

2. Bilateral trade agreements

3. Multi-lateral trade agreements

Remember that to write the answer to this question, you do not need to copy and paste the definition from Wikipedia or any other online source. If that was the objective, you would not have got an assignment for that. To answer what you understand by custom unions, you need to relate how custom unions are related to the industry that you have chosen and what is their role in them.

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Writing BSBMKG605 assessment is a task that needs to be on-point. If you are looking for a career as a business development executive, then you need to be aware of the various international policies. And the one organisation that can become the boon for you is Organisation for Economic Cooperation and Development. But studying about that organisation and analysing the data, that is a time-consuming process.

So, you can request the team of marketing assignment help at My Assignment Services for the full BSBMKG605 assessment 1 answers. Or you can put in a request to get a new solution file.