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Recent Papers 06-20-2022

LO1: Evaluate international business practices and discuss how they are being shaped by economic theories, financial, socio-cultural and political forces; with particular emphasis on the business practices of UK’s major trading partners

BABS Assignment

Assignment Brief

Course/Programme:

BA Business Studies

Level:

5

Module Title:

International Business

Module Leader:

 

Assignment titles:

Individual Report

Assignment number:

1 of 1

Weighting:

100%

Date given out:

April 222

Submission date:

 

Eligible for late submission (3 working days, with penalty)?

Yes

Method of submission:

X

Online only via Turnitin

 

 

Special instructions for submission (if any):

 

Date for results and feedback:

 

Employability skills assessed:

C1: Reading, selecting, analysing and synthesising information from a range of sources

C2: Producing different types of document

C3: Participating in discussions

C4: Making presentations

LP1: Develop a strategy for using a range of skills to improve own learning and performance

IT1: Preparing information

IT2: Processing and presenting information

N1: Collecting and recording data

N2: Working with data

N3: Presenting your findings

PS1: Develop a strategy for using skills in problem solving, for a short-term routine problem and a longer term extended problem.

S1: Plan personal work schedules

WWO2: Working towards identified targets

Learning outcomes assessed:

LO1: Evaluate international business practices and discuss how they are being shaped by economic theories, financial, socio-cultural and political forces; with particular emphasis on the business practices of UK’s major trading partners

LO2: Evaluate the key elements of the international environment which have an impact on the activities of international firms;

LO3: Analyse the basis and recent patterns of international trade and investment;

LO4: Demonstrate a critical understanding of a range of market selection techniques;

LO5: Select appropriate methods of international market entry and development;

LO6: Comment critically on the main methods of risk minimisation available to international companies;

LO7: Apply appropriate concepts and theoretical frameworks to the workplace experience.

 

Referencing:

In the main body of your submission you must give credit to authors on whose research your work is based. Append to your submission a reference list that indicates the books, articles, etc. that you have read or quoted in order to complete this assignment (e.g. for books: surname of author and initials, year of publication, title of book, edition, publisher: place of publication).

Disclosure:

 

Please include the following statement on the title page of the submitted assignment, followed by your name:    

I declare that this assignment is all my own work and that I have acknowledged all materials used from the published or unpublished works of other people. All references have been duly cited.

 

All assignments must be submitted to Turnitin.

Note: The Turnitin version is the primary submission and acts as a receipt for the student. 

Late submission of the electronic version of the assignment will result in a late penalty mark.  Penalties for late submission: Up to 72 hours late, maximum mark of 50%.  Over 72 hours late, Refer. 

Only the UoS Extenuating Circumstances Panel may grant an extension.

Requests for extensions must be submitted 5 days BEFORE the submission deadline

The grade awarded for this piece of work remains provisional until ratified by LSC Exam Board. 

Assessment criteria: see grading criteria

Learning Outcomes tested (from module descriptor)

Assessment Criteria to achieve each outcome a student must demonstrate the ability to:

LO1: Evaluate international business practices and discuss how they are being shaped by economic theories, financial, socio-cultural and political forces; with particular emphasis on the business practices of UK’s major trading partners

 

Demonstrate an understanding of the motivations behind the formation of an international business venture in the internationalisation/globalisation process.

LO2: Evaluate the key elements of the international environment which have an impact on the activities of international firms;

 

Discuss the criteria that is utilised by firms in foreign market selection process.

LO3: Analyse the basis and recent patterns of international trade and investment;

 

Analyse the decision making criteria that determine the suitability of the tools used to make decisions in international business.

LO4: Demonstrate a critical understanding of a range of market selection techniques;

 

An evaluation of the external environment in the foreign market.

LO5: Select appropriate methods of international market entry and development;

 

Demonstrate an understanding of the suitability of international strategies in international/global expansion.  

 

LO6: Comment critically on the main methods of risk minimisation available to international companies;

 

A critical assessment of the benefits and challenges of the use of strategic options in foreign market entry.

LO7: Apply appropriate concepts and theoretical frameworks to the workplace experience.

A clear demonstration of the review of the relevant and up-to-date literature from a range of credible sources.

TASKS DESCRIPTION:

BACKGROUND

A successful local organisation is seeking to expand its business internationally for the first time.  You have been hired as a consultant to help to prepare for international expansion.  You must advise upon the development of an internationalisation strategy to cover the following:-

  1. Provide a brief overview of the chosen organisation and the rationale for going international.
  2. Critically discuss which country you would recommend them to enter.  
  3. Demonstrate application of the relevant academic theory/models related to the process of international market selection and entry strategies.                   
  4. Discuss typical barriers that will be faced as the organisation expands internationally.
  5. Based on your analysis, critically evaluate a relevant implementation approach for the internationalisation process for the specified target market.                                                             

Notes for undertaking the assignment:

 

  1. Your answers to the questions should be appropriately analysed and must be grounded in appropriate academic literature and must provide clear evidence of independent critical evaluation.
  2. Students exceeding the word limit will be penalised.
  3. Poor presentation of your written content including spelling mistakes, grammatical errors, poor sentence structure, paragraphing and etc will be penalised
  4. Assignments will be graded on the basis of research done, analysis of the facts collated, stand taken and the justification of the stand.
  5. All research must be referenced based on Harvard referencing. Improper or lack of either of these constitutes plagiarism and students will be awarded a Zero.
  6. Students found copying from other students will also be charged with collusion and awarded a Zero.

Report Structure: -

  • Title Page
  • Table of Content (excluded from the word count)
  • Executive summary - (excluded from the word count)
  • Introduction
  • Literature review
  • Analysis and discussion
  • Conclusions
  • Reference List (excluded from the word count)
  • Bibliography (excluded from the word count)
  • Appendix - please use judiciously (excluded from the word count)

Assessing L.O. 1, 2; 3; 4; 5, 6 and 7

LENGTH

3000 Words maximum. (+/- 10%)

FORMATTING AND LAYOUT

Please note the following when completing your written assignment:

  1. Writing: Written in English in an appropriate business/academic style
  2. Focus: Focus only on the tasks set in the assignment.
  3. Ensure a clear title, course, and name or ID number is on a cover sheet and a bibliography using Harvard referencing throughout is also provided.
  4. Research: Research should use reliable and relevant sources of information e.g. academic books and journals that have been peer reviewed. The research should be extensive.
  5. All referencing should be in Harvard style.

marking criteria and Student FEEDBACK – Assignment (100%)

This section details the assessment criteria. The extent to which these are demonstrated by you determines your mark.

The marks available for each criterion are shown. Lecturers will use the space provided to comment on the achievement of the task(s), including those areas in which you have performed well and areas that would benefit from development/improvement. LO1: Evaluate international business practices and discuss how they are being shaped by economic theories, financial, socio-cultural and political forces; with particular emphasis on the business practices of UK’s major trading partners

Common Assessment Criteria (applied to all parts of the project)

Marks available

Marks

awarded

1. Research-informed Literature: Extent of research and/or own reading, selection of credible sources, application of appropriate referencing conventions.

25

 

Students are expected to demonstrate a critical review of the literature related to foreign market entry and criteria for the selection of a suitable entry strategy.

 

 

2. Knowledge and Understanding of Subject: Extent of knowledge and understanding of concepts and underlying principles associated with the discipline.

25

 

Students are expected to demonstrate a good grasp of the related concepts in relation to the assignment criteria.

 

 

3. Analysis: Analysis, evaluation and synthesis; logic, argument and judgement; analytical reflection; organisation of ideas and evidence

20

 

A critical evaluation and application of relevant academic theories and models in the analysis of the suitability of the international market selected.

 

 

 

4. Practical Application and Deployment: Deployment of methods, materials, tools and techniques; application of concepts; formulation of innovative and creative solutions to solve problems.

20

 

A clear demonstration of the practical implications of the market entry strategy to the potential success in the  international market selected.

 

 

 

5. Skills for Professional Practice: Attributes in professional practice: individual and collaborative working; deployment of appropriate media; presentation and organisation.

10

 

A clear demonstration of effective presentation of the assignment using the required format and structure. The referencing of all sources consulted as per the Harvard style should be clearly demonstrated.

 

 

 

TOTAL

 

 

Assignment Mark (Assessment marks are subject to ratification at the Exam Board.  These comments and marks are to give feedback on module work and are for guidance only until they are confirmed. )

72 Hours Late Submission Penalties (tick if appropriate)

%

GENERIC ASSESSMENT CRITERIA

 

Level 5

In accordance with the Framework for Higher Education Qualifications, at the end of Level 5 students will be expected to have developed sound knowledge and critical understanding of the well-established concepts and principles in their field of study, and of the way in which those principles have developed.  T

hey will have learned to apply those concepts and principles more widely outside the context in which they were first studied, including, where appropriate, the application of those principles in an employment context. They will have knowledge of the main methods of enquiry in the subject area, and ability to evaluate critically different approaches to problem solving. They will possess an understanding of the limits of their knowledge, and how this influences their analyses and interpretations.  They will be able to use a range of established techniques to initiate and undertake critical analysis of Information, and to propose solutions to problems arising from that analysis. They will be able to effectively communicate Information, arguments and analysis in a variety of forms to specialist and non-specialist audiences, and deploy key techniques of the discipline effectively. They will be able to undertake further training, develop existing skills and acquire new competences that will enable them to assume significant responsibility within organisations.  They will have the qualities and transferable skills necessary for employment requiring the exercise of personal responsibility and decision-making.

 

Level 5

FAIL

MARGINAL FAIL

SATISFACTORY

(3rd / Pass)

GOOD

(2.2 / Pass)

VERY GOOD

(2.1 / Merit)

EXCELLENT

(1st / Distinction)

EXCEPTIONAL

(1st / Distinction)

Category

0-29%

30-39%

40-49%

50-59%

60-69%

70-84%

85-100%

Engagement with literature (including reading, referencing,

academic conventions and

academic honesty)

Little or no evidence of reading and/or reliance on inappropriate sources.

Views and findings mostly unsupported and non-authoritative.

Referencing conventions used incoherently or largely absent.

Poor engagement with essential reading. No evidence of wider reading. Reliance on inappropriate sources, and/or indiscriminate use of sources. Heavily reliant on information gained through class contact. Inconsistent and weak use of referencing.

Engagement with a limited range of mostly relevant and credible sources. Some omissions and minor errors.

Referencing conventions evident though not always applied accurately or consistently.

Engagement with an appropriate range of literature, including sources retrieved independently. Some over-reliance on texts. Referencing may show minor inaccuracies or inconsistencies.

Engagement with a wide range of literature, including sources retrieved independently.

Selection of relevant and credible sources.  Very good use of referencing, with no/very few inaccuracies or inconsistencies.

Engagement with an extensive range of relevant and credible literature. Consistently accurate application of referencing.

Exceptional engagement with an extensive range of relevant and credible literature. High-level referencing skills consistently applied.

Knowledge and understanding (Sound knowledge and critical understanding of the well-established concepts and principles in their field of study; knowledge of the main methods of enquiry in the discipline.)

Major gaps in knowledge with unsatisfactory, uncritical understanding of the subject matter. Much irrelevant material.  Substantial inaccuracies. Significantly flawed understanding of the main methods of enquiry in the discipline.

Fragmentary knowledge, with only superficial critical understanding. Some significant inaccuracies and/or irrelevant material.  Incomplete or partially flawed understanding of the main methods of enquiry in the discipline.

Limited but adequate knowledge and critical understanding of the well-established concepts and principles within the subject area, with a few gaps in the selection of material. A narrow critical understanding of the main methods of enquiry.

Knowledge is reasonably detailed and accurate. A good critical understanding of the well-established concepts and principles and the main methods of enquiry, with minor gaps in the selection of material.

Knowledge is reasonably extensive.  Exhibits very competent critical understanding of the well-established concepts and principles of the subject and the main methods of enquiry.  Breadth and depth of knowledge.

Excellent, detailed knowledge and highly critical understanding of the well-established concepts and principles of the subject and the main methods of enquiry.

Exceptionally detailed knowledge and outstanding critical understanding of the well-established concepts and principles of the subject and the main methods of enquiry. May go beyond established theories.

Cognitive and intellectual skills

(Critical evaluation and analysis of concepts and principles; argument and judgement; the limits of their knowledge, and how this influences their analyses and interpretations.)

Wholly or almost wholly descriptive work. Little or no critical evaluation and analysis of concepts and principles.

Failure to develop arguments, leading to illogical or invalid judgements. Unsubstantiated generalisations or opinion, made without use of any credible evidence.

 

Largely descriptive work, with superficial use of critical evaluation and analysis of concepts and principles. Weak development of arguments and judgements. Information accepted uncritically, uses generalised statements made with scant evidence and unsubstantiated opinions. Ideassometimes illogical and contradictory.

Limited attempt at critical evaluation and analysis of concepts and principles, tending towards description.

Some evidence to support arguments and judgements but these may be underdeveloped, with a little inconsistency / mis-interpretation or failure to fully recognise limits of knowledge.

 

 

Some critical evaluation and analysis of concepts and principles, though descriptive in parts.

An emerging awareness the limits of their knowledge and ability to use evidence to support the argument though with some tendency to assert/state opinion rather than argue on the basis of reason and evidence.

Mostly valid arguments and logical judgements.

Sound critical evaluation and analysis of concepts. Is selective in the range of evidence used and synthesises rather than describes. Ability to devise arguments that show awareness of different stances, and use evidenceconvincingly, to support appropriate and valid judgements.

Excellent critical evaluation and analysis of concepts and principles leading to logical, evidence-based, reasoned arguments and judgements. Explicit recognition of other stances and a strong awareness of the limits of their knowledge.

A capacity for independent thought and ability to ‘see beyond the question’, suggesting some grasp of the broader field and wider concepts.

Outstanding critical evaluation and analysis of concepts and principles.  Uses evidence exceptionally well to connect ideas, and support highly logical and persuasive, arguments and judgements. Evidence of independent thought and ability to ‘see beyond the question’, suggesting a clear grasp of the broader field and wider concepts. Perceptive recognition of the limits of their knowledge, and how this influences their analyses and interpretations.

Practical skills

(Apply underlying concepts and principles more widely outside the context in which they were first studied; use a range of established techniques; propose solutions to problems arising from analysis.)

Limited or no use of established methods, materials, tools and/or techniques.

Little or no appreciation of the context of the application.

Limited understanding of the application of theory to practice or making appropriate links between the two.

Very weak problem-solving skills outside the context in which they were first studied.

Rudimentary application of established methods, materials, tools and/or techniques but without consideration and competence. Flawed appreciation of the context of the application.

Weak understanding of the application of theory to practice, with only occasional evidence of making appropriate links between the two. Weak problem-solving skills outside the context in which they were first studied.

 

 

An adequate awareness and mostly appropriate application of established methods, materials, tools and/or techniques.

Basic appreciation of the context of the application.Theoretical knowledge and understanding applied in practice, but not always making logical links between the two.

Can identify problems and propose basic solutions outside the context in which they were first studied.

A good and appropriate application of established methods, materials, tools and/or techniques.

Clear appreciation of the context of the application. Mainly consistent, accurate and logical application of theory to practice, making appropriate links between the two.

Can identify problems and propose mostly appropriate solutions outside the context in which they were first studied.

A very good application of a range of established methods, materials, tools and/or techniques.

Very good consideration of the context of the application, with perceptive insights. Consistent, accurate and logical application of theory to practice, making appropriate links between the two. Can identify problems and propose appropriate solutions outside the context in which they were first studied.

Evidence of some creativity.

An advanced application of a range of established methods, materials, tools and/or techniques.

The context of the application is well considered, and insightful.

Consistent, accurate and logical application of theory to practice, making well-developed links between the two. Can identify problems and propose excellent, creative solutions outside the context in which they were first studied.

Exceptional levels of application and deployment skills using established methods, materials, tools and/or techniques.  Consistent, accurate and logical application of theory to practice, making highly developed links between the two. Can identify routine and non-routine problems and propose quite sophisticated, creative solutions outside the context in which they were first studied.

Transferable skills for life and professional practice

(Effectively communicate in a variety of forms

to specialist and non-specialist audiences;  the qualities and transferable skills necessary for employment requiring the exercise of personal responsibility and decision-making.) LO1: Evaluate international business practices and discuss how they are being shaped by economic theories, financial, socio-cultural and political forces; with particular emphasis on the business practices of UK’s major trading partners

Communication medium is inappropriate or misapplied.

Work is poorly structured, disorganised and/or confusingly expressed. Very weak use of language and/or very inappropriate style. Failure to work effectively as part of a group. Little or no evidence of the skills for employment requiring the exercise of personal responsibility and decision-making.

 

 

Communication medium is poorly designed and/or not suitable for the audience.

Work is poorly presented in a disjointed manner. It is loosely, and at times incoherently, structured, with information and ideas often poorly expressed. Weak use of language and/or inappropriate style. Flawed approach to group work, meeting only partial obligations to others. Limited evidence of the skills for employment requiring the exercise of personal responsibility and decision-making.

Can communicate in a suitable medium for the audience but with some room for improvement.

Mostly ordered presentation and structure in which relevant ideas / concepts are reasonably expressed. Work may lack coherence in places. Can work as part of a group, meeting most obligations to others but perhaps with limited involvement in group activities.

Demonstrates the basic skills for employment requiring the exercise of personal responsibility and decision-making, with some areas of minor weakness.

Can communicate effectively in a suitable medium for the audience, but may have minor errors.

Mostly coherent, organised work, in a suitable structure and is for the most part clearly expressed. Can work effectively independently and/or as part of a team, with clear contribution to group activities.

Demonstrates the skills for employment requiring the exercise of personal responsibility and decision-making, with some areas of strength and some of minor weakness.

Can communicate well, confidently and consistently in a suitable medium for the audience.

Work is coherent, fluent, well-structured and organised. Can work very well autonomously and/or as part of a team, with very good contribution to group activities.

Demonstrates very good skills for employment requiring the exercise of personal responsibility and decision-making, with just occasional minor weakness.

Can communicate professionally confidently and consistently in a suitable medium for the audience.

Work is coherent, very fluent and is presented proficiently. Can work autonomously with initiative. Where relevant can work professionally within a team, showing leadership skills as appropriate, and meeting obligations. Demonstrates excellent skills for employment requiring the exercise of personal responsibility and decision-making and an appetite for further development.

 

Can communicate with an exceptionally high level of professionalism, highly suitable for the audience.

Work is exceptionally coherent, very fluent and is presented professionally. Can work exceptionally well within a team, showing leadership skills. Demonstrates exceptional skills for employment requiring the exercise of personal responsibility and decision-making and an appetite for further development.

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