Rubric DetailsMaximum Score50 pointsBusiness Cycle30% of total gradeMastery: Advanced or exceeds achievementThoroughly explained how economic fluctuations affect the sale of smartphones. Clearly defined the four phases of the business cycle that affect economic fluctuations.15Proficiency: Clear/effective achievementAdequately explained how economic fluctuations affect the sale of smartphones. Defined the four phases of the business cycle that affect economic fluctuations.12.75Competence: Adequate/basic achievementMinimally explained how economic fluctuations affect the sale of smartphones. Somewhat defined the four phases of the business cycle that affect economic fluctuations.11.25Emerging: Limited or growing achievementMinimally explained how economic fluctuations affect the sale of smartphones. Did NOT define the four phases of the business cycle that affect economic fluctuations.8.25Unemployment Levels20% of total gradeMastery: Advanced or exceeds achievementThoroughly explained how unemployment levels would affect the sale of smartphones.10Proficiency: Clear/effective achievementAdequately explained how unemployment levels would affect the sale of smartphones.8.5Competence: Adequate/basic achievementSomewhat explained how unemployment levels would affect the sale of smartphones.7.5Emerging: Limited or growing achievementMinimally explained how unemployment levels would affect the sale of smartphones.5.5Labor Force Participation Rate30% of total gradeMastery: Advanced or exceeds achievementThoroughly explained how the sale of smartphones would be affected if the labor force participation rate decreased. Clearly defined the labor force participation rate and provided the current labor force participation rate in the U.S.15Proficiency: Clear/effective achievementAdequately explained how the sale of smartphones would be affected if the labor force participation rate decreased. Defined the labor force participation rate and provided the current labor force participation rate in the U.S.12.75Competence: Adequate/basic achievementMinimally explained how the sale of smartphones would be affected if the labor force participation rate decreased. Somewhat defined the labor force participation rate and provided the current labor force participation rate in the U.S.11.25Emerging: Limited or growing achievementMinimally explained how the sale of smartphones would be affected if the labor force participation rate decreased. Did NOT define the labor force participation rate or provide the current labor force participation rate in the U.S.8.25Inflation20% of total gradeMastery: Advanced or exceeds achievementThoroughly explained how inflation and less consumer purchasing power affect the sale of smartphones.10Proficiency: Clear/effective achievementAdequately explained how inflation and less consumer purchasing power affect the sale of smartphones.8.5Competence: Adequate/basic achievementSomewhat explained how inflation and less consumer purchasing power affect the sale of smartphones.7.5Emerging: Limited or growing achievementMinimally explained how inflation and less consumer purchasing power affect the sale of smartphones.5.5Module 05ContentYou are a junior executive of a new cellular phone carrier called Technologies of the Future (TOF) that competes in the same market as Verizon Wireless, AT&T, and T-Mobile. You are asked to write a professional document that discusses the concepts below.How would economic fluctuations affect the sale of smartphones?Please define the four phases of the business cycle that affect economic fluctuations.How would unemployment levels affect the sale of smartphones?How would the sale of smartphones be affected if the labor force participation rate decreased?Please define the labor force participation rate and provide the current labor force participation rate in the United States.How would inflation and less consumer purchasing power affect the sale of smartphones?
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