Qantas Airways
This assessment item is designed to enable you to analyse how Qantas Airways Limited applies international finance concepts to its operations in a contemporary environment.
Objectives
The application of international finance concepts to Qantas Airways Limited in a contemporary environment
This assessment item relates to the course learning outcomes 1-3 stated on page 2.
Assessment Task
Many Australians regard Qantas Airways Limited as a national icon and pride of Australia. Discuss and analyse whether the involvement of Australia’s Qantas Airways in international operations has hindered or enhanced the company’s performance.
Your answer should analyse and discuss how Qantas Airways manages foreign exchange risk related to its international operations in order to achieve its main objective of maximizing shareholder wealth. You may use tables, diagrams, graphs, references and figures etc that will certainly help to support your analysis and conclusion. Your answer should be written in a report format. If you are not sure how a report is written, please contact Communication Learning Centre (CLC) at your campus.
This is a research assignment, as a starting point I have posted three documents on Qantas Airways that contain useful information in Moodle under Qantas Airways Information 1, 2 & 3. Notes to the Financial Statements number 34 of document 3 should be of interest to you because it discusses financial risk management including foreign exchange risk. Suggestion: access at least five (5) annual reports of Qantas and analyse how foreign exchange risk has been managed for that period which may help you make a convincing conclusion.
You can include any current issues or any information that has an impact on Qantas Airways Ltd risk management.
Please use headings and sub-headings to help the reader/marker to easily understand what is being discussed. This helps the marker allocate appropriate marks for each correct idea or contribution discussed. It also improves presentation.
Overall, correct and proper referencing using Harvard style is essential.
Assessment due date: Week 6 Thursday (09-April-2013) 04.00PM AEST.
Weighting: 30%
Assessment criteria for Assessment Item 1 will be based on:
1. Knowledge and Understanding the topic – 25%
2. Research Skills – 25%
3. Effective Communication Skills – 25%
4. Evaluation Skills – 25%
Your assignment will be marked according to each assessment criteria above. Then grades of HD, D, C, P and F will be awarded to your assignment based on how much fully you address the assignment criteria.
HD: Addresses all of the assessment criteria to a very high standard. Evidence of insight and originality where appropriate.
D: Addresses all of the assessment criteria, with several to a high standard; clearly and logically organized with good presentation. Evidence of solid work.
C: Addresses most of the assessment criteria reasonably well. Competent organization and presentation.
P: Addresses most of the assessment criteria adequately but may lack in depth and breadth. Demonstrates only basic comprehension or competency. The assignment is poorly structured and presented.
F: The assignment does not address the assessment criteria adequately and lacks in depth and breadth. It does not demonstrate any basic comprehension or competency. The assignment is also poorly structured and presented