Due date: 01-Sep-2017
Return date: 22-Sep-2017
Submission method options
Hand delivery (option applies to Internal only)
The following collaborative research project requires you to work in groups, each group consisting of approximately 3 or 4 students. Please confirm your group composition with your lecturer.
You and a group of investors are interested in setting up a range of tourism promotion ventures, given the ample opportunities in Australia including the Sun, Sand and Surf. Your group has to shortlist:
• Nature of business – e.g. Travel agent, Tourist group operator, serviced apartments for tourists , camp site ( there are several other options)
• Type of business –e.g. front office, site based office, online booking ( there are several other options)
The aim of the venture is to provide a pleasant experience to a selected cohort of tourists e.g. Baby boomers, uni students, young couples. In order to do this successfully you need to ensure that the Nature and type of business you choose can grow over the next 10 years.
Your minimum criteria are:
• enough tourists who will be interested in availing of these facilities.
• these tourists have the funds to pay for their trip (how you identify that is up to you but you need to document this criterion)
These are the minimum criteria – you should identify some more, at least one more, that you can use in this business decision.
Your task is to prepare a report to be presented to your co-investors which identifies two (2) ventures in Australia which meet your criteria. Your report should demonstrate how these ventures meet the minimum criteria above and additional criteria which you have identified. You should also identify additional statistical information that is required before a final decision is made to invest in any venture.
Making presentations and working in teams are important professional skills. As a Master graduate accountant you are expected to be able to justify and communicate accounting advice and ideas in diverse collaborative contexts. In doing this assessment you are demonstrating some of these skills. Guidance for effective collaborative work is available in Resources.
Your report should be professionally presented as a
• Business Report OR
• PowerPoint – to be presented to the audience
o http://www.slideshare.net/damonnofar/8-tips-for-slideshare has few suggestions for the slides
Only one team member need submit the Business Report OR the PowerPoint presentation but each team member must submit a 250 word individual reflection on the research process – listing issues of group formation, time allocation, conflict resolution, insights gained etc. Only one submission will be accepted from each group – including all the individual reflections on the research process.
You may choose how you want to work as a group. Some suggestions are to use one or a mixture of Skype, Face time, Google Docs – there are many more. Initial information on how to use these can be found by doing an online search – see some suggestions below:
• Development and explanation of criteria 2
• Substantial data collection, analysis and conclusion 3
• Quality of presentation 2
• Individual reflection on the group process. 3
This assessment item asesses the folowing subject learning outcomes:
• be able to demonstrate problem-solving skills in assessing, organising, summarising and interpreting relevant data for decision making purposes;
• be able to apply decision theory to business situations;
The task also provides the opportunity for students to work cooperatively in groups and to communicate the results of their research.
Criteria High Distinction Distinction Credit Pass
Demonstrate problem solving skills in building criteria, assessing, organising and summarising and interpreting relevant data for decision making purposes. Group has generated a range of innovative information criteria.
high-level research skills working in a highly-motivated group to find and generate needed information.
high-level analysis skills to identify additional information needed. Group has generated some meaningful information criteria.
Demonstrate reasonably high-level research skills working in a mostly motivated group to find and generate needed information.
Demonstrate reasonably high-level analysis skills to identify additional information needed. Group has generated some appropriate information criteria.
Demonstrate reasonably competent research skills working in a somewhat motivated group to find and generate needed information.
Demonstrate reasonably competent analysis skills to
identify additional information needed. Group has generated some information criteria.
average-level research skills working in a group to find and generate needed information.
average-level analysis skills to identify additional information needed.
Ability to articulate key performance criteria of successful teams and evaluate group performance accordingly. The individual can articulate the key performance criteria of successful teams and evaluate the team performance accordingly. The individual can state most of the key performance criteria of successful teams and draw related connections to the group performance. The individual can state some of the key performance criteria of successful teams and draw related connections to the group performance. The individual can state some of the key performance criteria of successful teams and draw at least one connection to the group performance.
Professional communication in the form of a Power point presentation with voice which follows good presentation practice. Appropriate resources and referencing. Excellent group participation and communication of the research findings demonstrating scholarly understanding of the issues involved via knowledgeable and engaging Power Point presentation.
A wide range of resources used and referenced. Good group participation and communication of the research findings demonstrating a reasonable understanding of the issues involved via informative and engaging Power Point presentation.
A number of resources used and referenced. Fair group participation and communication of the research findings demonstrating some understanding of the issues
involved via average Power Point presentation.
One or more resources used, not all resources referenced. Some group participation and communication of the research findings demonstrating lower level understanding of the issues involved via weaker Power Point presentation to other students in lecture group.
One resource used.