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Need assistance on this ASAP Urgent help will be really grateful Objectives: Upon completion of this task the following learning outcomes will be addressed: .
Need assistance on this ASAP
Urgent help will be really grateful
Objectives: Upon completion of this task the following learning outcomes will be addressed: . Institutional (USP): Critical Thinking, Ethics and Communication - Writing . Programme Specific (Foundation & Preliminary Economics): - Apply basic micro-economic concepts Use basic research and problem solving skills to complete assessment tasks Write assessment tasks in good English adhering to academic conventions and regulations. . Work product: Writing a simple report/essay Assignment Instructions Research Report In this assignment you are required to research on a small (infant) business in your area, society or community and discuss the following: 1. The type of industry the business is in operation (primary, secondary, tertiary) and explain it with reasoning. 2. Tabulate the numerical data of any- one fixed cost and any one variable cost of the small business for the last 6 months and calculate the business total cost. 3. Draw the graphs of fixed cost, variable and the total cost from the data presented. 4. In your opinion, what are three challenges the small business is facing with its operations. 5. As an economic student, what advice will you suggest to the small business organisation to overcome those challenges. Marks also be awarded for the following Bibliography Economic TerminologyStep by Step Solution
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