Course Title: Analyse the use of blockchain technology in international business
Part B: Course Detail
Teaching Period: Term1 2021
Course Code: MKTG8044
Course Title: Analyse the use of blockchain technology in international business
School: 650T Vocational Business Education
Campus: City Campus
Program: C6166 - Advanced Diploma of International Business
Course Contact: Sam Menai
Course Contact Phone: +61 3 9925 8805
Course Contact Email: sam.menai@rmit.edu.au
Name and Contact Details of All Other Relevant Staff
Nominal Hours: 60
Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.
Pre-requisites and Co-requisites
None
Course Description
This course describes the skills and knowledge required to analyse business practices to determine the use of blockchain technology for international business. Blockchain technology can be used like a ledger, which can be shared and accessed by anyone with the appropriate permissions for international transactions. This unit includes examining the benefits and risks associated with using blockchain technology.
National Codes, Titles, Elements and Performance Criteria
National Element Code & Title: |
VU22800 Analyse the use of blockchain technology in international business |
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Element: |
1. Assess the benefits of blockchain use in international business |
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Performance Criteria: |
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Element: |
2. Identify the risks of blockchain currency use in international business |
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Performance Criteria: |
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Element: |
3. Assess organisational and economic readiness for blockchain |
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Performance Criteria: |
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Element: |
4. Report on the feasibility of using blockchain currency for international business |
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Performance Criteria: |
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Learning Outcomes
On completion of this course students will be equipped with skills and knowledge required to analyse business practices to determine the use of blockchain technology for international business.
Students will be able to explain Blockchain technology and the use od a digital ledger, which can be shared and accessed by anyone with the appropriate permissions for international transactions. Students will be able to describe and examining the benefits and risks associated with using blockchain technology.
Details of Learning Activities
A range of learning activities are planned for this course including self-paced and collaborative online or classroom based activities.
The collaborative online or classroom based activities will include group discussion, group problem solving activities and opportunities to practice your skills in a simulated/real workplace environment.
We expect you to participate and contribute in all scheduled learning activities.
Teaching Schedule
Weekly Teaching Schedule
BSBMKG512 Forecast international market & business needs
Week |
Week Commencing |
Topics |
Assessment |
1 |
8 Feb |
Introduction to course and history of Blockchain |
|
2 |
15 Feb |
Basic economic concepts including: Market / Planned / Mixed Economies |
Introduction to Assessment Task 1 |
3 |
22 Feb |
Basic economic concepts including: Supply / Demand, How The Market Works, Porter's Five Forces |
|
4 |
1 Mar |
Political & Economic Trends in International Finance |
|
5 |
8 Mar |
Assessment 2 |
Assessment 1 Due 14 Mar 11:59PM Sun |
6 |
15 Mar |
Assess the benefits of Blockchain Use in International Business |
|
7 |
22 Mar |
Identify the risks of Blockchain currency use in International Business |
|
8 |
29 Mar |
Identify the risks of Blockchain currency use in International Business - 2 |
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1 Apr – 7 Apr 2020 Mid-semester break
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9 |
12 Apr |
Sources of Finance |
|
10 |
19 Apr |
Assess the organisation's operational readiness for Blockchain |
|
11 |
26 Apr |
Determine industry standards and codes of practice for Blockchain and stakeholder access |
|
12 |
3 May |
Report on feasibility of using Blockchain |
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13 |
10 May |
Blockchain technology in international finance |
Assessment 2 due 16 May Sun. 11.59pm |
14 |
17 May |
Presentations |
Assessment 2 Presentations |
15 |
24 May |
Course revision |
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16 |
31 May |
Assessments feedback and support
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17 |
7 Jun |
Resit and Resubmissions |
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Learning Resources
Prescribed Texts
References
Other Resources
All learning materials will be provided in CANVAS
Overview of Assessment
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A range of assessment methods should be used to assess practical skills and knowledge. The following assessment methods are appropriate for this unit:
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Required Skills
You must demonstrate competency in this unit by providing evidence of the ability to:
- analytical and information gathering skills to:
- research and analyse blockchain currencies
- conduct comparative analysis
- communication skills to:
- question information
- clarify issues
- report on findings and processes
- risk management skills to:
- identify
- assess
- monitor
- mitigate the impact of risk to international business
- technical skills to:
- analyse the use of blockchain
Required Knowledge
Further, you must provide evidence of knowledge for the following:
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Evidence Guide
Critical aspects for assessment and evidence you are required to demonstrate competency in this unit are as follows:
- research in the use of blockchain technology in international business
- analysis of organisational readiness for blockchain technology and the benefits and risks associated with its use
- knowledge of blockchain technology and its use in international supply and demand transactions
- presentation of information about blockchain technology and its use in international business transactions
You are advised that you are likely to be asked to personally demonstrate your assessment work to your teacher to ensure that the relevant competency standards are being met.
Feedback
Feedback will be provided throughout the semester in class and/or online discussions. You are encouraged to ask and answer questions during class time and online sessions so that you can obtain feedback on your understanding of the concepts and issues being discussed. Finally, you can email or arrange an appointment with your teacher to gain more feedback on your progress.
You should take note of all feedback received and use this information to improve your learning outcomes and final performance in the course.
Assessment Tasks
Assessment Task 1
Task Name: Research Questions
Duration and/or due date:
This assessment task is to be completed by week 5 (14 Mar, Sunday 11.59pm) of commencing this unit.
Summary and Purpose of Assessment
There are a total of two (2) assessment tasks you need to complete for this unit. This is assessment task one (1) of two (2) that you need to complete satisfactorily, in order to be deemed competent for this unit. This assessment is to be completed individually.
Assessment Task 2
Task Name: DeBeers Case Study
Duration and/or due date:
This assessment task is to be completed by week 13 (16 May, Sunday 11.59pm) of commencing this unit. Presentations are in week 14-15.
Summary and Purpose of Assessment
There are a total of two (2) assessment tasks you need to complete for this unit. This is assessment task two (2) of two (2) that you need to complete satisfactorily, in order to be deemed competent for this unit. This assessment is to be completed individually.
Assessment Matrix
Assessment mapping document can be found here on Canvas
Other Information
Late Submission Procedures
You are required to submit assessment items and/or ensure performance based assessment is completed by the due dates.
If you are prevented from submitting an assessment item on time, by circumstances outside your control, you may apply in advance to your teacher for an extension to the due date of up to seven calendar days.
More Information: https://www.rmit.edu.au/students/student-essentials/assessment-and-exams/assessment/extensions-of-time-for-submission-of-assessable-work
Where an extension of greater than seven days is needed, you must apply for Special Consideration. Applications for special consideration must be submitted no later than two working days after the assessment task deadline or scheduled examination.
More Information: https://www.rmit.edu.au/students/student-essentials/assessment-and-exams/assessment/special-consideration
Resubmissions:
If you are found to be unsuccessful in a particular Course Assessment Task (or you do not submit/attend) you will be allowed one resubmission. Your teacher will provide feedback regarding what you need to do to improve and will set a new deadline for the resubmission.
If you are still not meeting the assessment requirements you must apply to your Program Manager in writing outlining the steps you will take to demonstrate competence in your course. Your submission will be considered by the Program Team and you will be advised of the outcome as soon as possible.
Grading & re-submissions
Successful re-submissions will contribute a CA (Competency Achieved) result to your overall grade for the course.
Adjustments to Assessment
In certain circumstances students may be eligible for an assessment adjustment. For more information about the circumstances under which the assessment arrangements might be granted please access the following website:
Marking Guide (Competency):
You must demonstrate that you have all the required skills/knowledge/elements in the unit of competency you are studying.
You will receive feedback on each assessment task that will inform you about your progress and how well you are performing.
Marking Guide (Grading)
After achieving competency we then grade your performance in the unit and you will achieve one of the following grades:
Final Grades table
CA |
Competency Achieved |
NYC |
Not Yet Competent |
DNS |
Did Not Submit |
Further information regarding the application of the grading criteria will be provided by your teacher.
Other information:
Academic Integrity
Plagiarism
Plagiarism is a form of cheating in assessment and may occur in oral, written or visual presentations. It is the presentation of the work, idea or creation of another person, without appropriate referencing, as though it is your own.
The penalties for cheating in assessment are severe, whether the cheating involves plagiarism, fabrication, falsification of data, copyright infringement or some other method. Penalties can include charges of academic misconduct, cancellation of results and exclusion from your course. It is also a disciplinary offence for you to allow your work to be plagiarised by another student.
Referencing
RMIT Business produce their own referencing guidelines entitled written reports and essays: guidelines for referencing and presentation in RMIT Business which all Business students should use.
RMIT Business referencing guidelines (RTF, 1,286 KB, 52 pages). A supporting Referencing website has been developed for the RMIT Business guidelines. You can find out more about Academic Integrity at RMIT Academic Integrity webpage.
Group Assessment
A number of your assessments will rely upon group work. This is a critical part of your program as in the workplace you will be regularly required to work in a team environment. Teamwork is also one of the key employability skills for this qualification.
The key to being successful in group work is getting to know your classmates and finding out what they want to achieve. You should seek to find a team which shares your key interests and drivers.
If you are facing issues with your group, the key is to resolve them quickly well before assessments are due. If you need to you can seek support from your teacher.
Course Overview: Access Course Overview