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MAN304_T2_2020_Assessment_2 Page 1 XXXXXXXXXXKaplan Business School Assessment Outline Assessment 2 Information Subject Code: MAN304 Subject Name: Issues in International Business Assessment Title:...

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MAN304_T2_2020_Assessment_2

Page 1 XXXXXXXXXXKaplan Business School Assessment Outline

Assessment 2 Information

Subject Code: MAN304
Subject Name: Issues in International Business
Assessment Title: International Business Report
Assessment Type: Individual Written Report
Word Count: 1500 Words (+/-10%)
Weighting: 30 %
Total Marks: 30
Submission: Via Turnitin
Due Date: Monday, Week 9 at 13:55pm

Your Task
Select an International Business that is seeking to expand into a new or emerging market and write an
individual written report discussing the opportunities and challenges that the business will face.

Assessment Description
To complete this assessment, you will need to write an Individual Report that discusses the
various external environmental factors (political, legal, economic and cultural) that will provide both
opportunities and challenges for your chosen international business as part of their expansion strategy
into a new or emerging market.

Learning Outcomes
LO3: Analyse the strategies and structures of engaging in international businesses
LO4: Demonstrate awareness of the political and cultural differences that influence
international business
LO5: Demonstrate an understanding of the modes of entry and the operational issues
involved in going global
Assessment Instructions
Based on your selection of an Individual Business, your Individual Report will discuss the
various external environmental factors (political, legal, economic and cultural) that will provide both
opportunities and challenges for your chosen business as part of their expansions strategy into a new or
emerging market.
Page 2 XXXXXXXXXXKaplan Business School Assessment Outline

You should select one (1) new or emerging market to form the basis of your discussion.
Your report should include the use of a range of primary information sources from your chosen business
and be supported by academic research.
It is recommended that in Week 6, you submit a plan/outline to your lecturer on how you will approach
your report.

• Using a Report Format, you will need to include the following components:
o Introduction (150 words)
o External Environmental Factors (Political, Legal, Economic and Cultural) (600 words)
o The Expansion Opportunities for your Business (300 words)
o The Expansion Challenges for your Business (300 words)
o Conclusion (150 words)
o Reference List (using the Harvard Referencing Convention throughout your report and
eference list at the end)

Please refer to the Assessment Marking Guide to assist you in completing all the assessment criteria.
Page 3 XXXXXXXXXXKaplan Business School Assessment Outline


Important Study Information


Academic Integrity Policy

KBS values academic integrity. All students must understand the meaning and consequences
of cheating, plagiarism and other academic offences under the Academic Integrity and Conduct
Policy.

What is academic integrity and misconduct?
What are the penalties for academic misconduct?
What are the late penalties?
How can I appeal my grade?

Click here for answers to these questions:
http:
www.kbs.edu.au/cu
ent-students/student-policies/.


Word Limits for Written Assessments

Submissions that exceed the word limit by more than 10% will cease to be marked from the point
at which that limit is exceeded.


Study Assistance

Students may seek study assistance from their local Academic Learning Advisor or refer to the
esources on the MyKBS Academic Success Centre page. Click here for this information.
http:
www.kbs.edu.au/cu
ent-students/student-policies
https:
elearning.kbs.edu.au/course/view.php?id=1481

Page 4 XXXXXXXXXXKaplan Business School Assessment Outline



Assessment 2 Marking Ru
ic

Criteria NN (Fail)
0 - 49
P (Pass)
50 - 64
CR (Credit)
65 - 74
DN (Distinction)
75 - 84
HD (High Distinction)
XXXXXXXXXX
Demonstrated
Identification and
Application of the
External
Environment Factors
(Political, Legal,
Economic and
Cultural) that will
affect the business
expansion strategy
(10 Marks)
Your application lacks
depth, and your
interpretation is not
elevant to the
assessment criteria.

You
iefly identify and apply
some of the external
environmental factors that will
affect your business
expansion strategy
and your interpretation is not
always relevant to the
assessment criteria.
You have identified and
applied most of the external
environmental factors that
will affect your business
expansion strategy and is
elevant to the assessment
criteria.

You have thoroughly
identified and applied the
external environmental
factors that will affect your
usiness expansion strategy
and is relevant to the
assessment criteria.

You have convincingly and
with detail identified and
applied the external
environmental factors that will
affect your business
expansion strategy and is
elevant to the assessment
criteria.

Identification and
Discussion of the
usiness’
expansion
opportunities

(8 Marks)
The quality of your
identification and
discussion was poor
and/or
incoherent.
You have identified and
discussed some of the key
usiness expansion
opportunities, although a
more comprehensive
discussion was required
You have identified and
discussed most of the key
usiness expansion
opportunities, although
some discussion points
needed more depth
You have identified and
discussed of the key
usiness expansion
opportunities, and provided a
very good and detailed
discussion
You have provided a very
comprehensive and dynamic
key business expansion
opportunities, and provided a
excellent and detailed
discussion

Identification and
Discussion of the
usiness’
expansion
challenges

(8 Marks)
The quality of your
identification and
discussion was poor
and/or
incoherent.

You have identified and
discussed some of the key
usiness expansion
challenges, although a more
comprehensive discussion
was required
You have identified and
discussed most of the key
usiness expansion
challenges, although some
discussion points needed
more depth
You have identified and
discussed of the key
usiness expansion
challenges, and provided a
very good and detailed
discussion
You have provided a very
comprehensive and dynamic
key business expansion
challenges, and provided a
excellent and detailed
discussion

Selection of an
International
Business and
suitable new or
emerging market
(2 Marks)
Neither your selection of
an International Business
or your choice of a new
and emerging market was
not appropriate for the
question
Your selection of an
International Business or your
choice of a new and emerging
market was well matched to
the question
Your selection of an
International Business or
your choice of a new and
emerging market was
appropriate for the question
Your selection of an
International Business or
your choice of a new and
emerging market was
appropriate for the question
Your selection of an
International Business or your
choice of a new and emerging
market was appropriate for
the question

Page 5 XXXXXXXXXXKaplan Business School Assessment Outline



Assessment Marking Guide
Academic
Structure

(2 Marks)


Spelling, grammar and
presentation/or grammar
is consistently inco
ect.

In-text referencing and/or
eference list is mostly
inco
ect or non-existent

Your research lacks focus
ecause of an unsuitable
choice of sources.
Spelling, grammar and
presentation have numerous
e
ors.

In-text referencing and/or
eference list is obvious but
there are major e
ors.

You have selected some
appropriate scholarly sources.
Better use of quality sources
would help focus your
esearch.
Spelling, grammar and
presentation have
numerous e
ors.

In-text referencing and/or
eference list has only minor
e
ors throughout.

Your research is focused,
drawn from an appropriate
ange of scholarly sources
E
ors in grammar and
spelling are rare and
professionally presented.

In-text referencing and the
esultant reference list is
co
ect, with only the
occasional e
or.

It is obvious that your
esearch is focused,
complemented by a quality
selection and range of
scholarly sources.
Co
ect grammar and spelling
throughout the analysis with
no obvious e
ors.

In-text referencing and the
esultant reference list is
co
ect, with no e
ors.

It is clearly obvious that your
esearch is extensive and
focused, complemented by a
quality selection and range of
scholarly sources.
    Assessment 2 Information
    Subject Code:
    Subject Name:
    International Business Report
    Assessment Title:
    Individual Written Report
    Assessment Type:
    Weighting:
    Total Marks:
    Via Turnitin
    Submission:
    Monday, Week 9 at 13:55pm
    Due Date:
    30 %
    30
    Word Count:
    MAN304
    Issues in International Business
    Please refer to the Assessment Marking Guide to assist you in completing all the assessment criteria.

MAN304_T2_2020_Week_05_FINAL
MAN304
Issues in International
Business
Week Five
The Challenges of Global
Expansion (New and
Emerging Markets)
1
COMMONWEALTH OF AUSTRALIA
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The material in this communication may be subject to copyright
Answered Same Day Sep 07, 2021 MAN304

Solution

Sumita answered on Sep 08 2021
160 Votes
EXPANSION OF BUSINESS INTO EMERGING MARKET
Table of Contents
Introduction    3
External Environmental Factors    3
Expansion Opportunities    5
Expansion Challenges    5
Conclusion    6
References    7
Introduction
The companies pursue market expansion due to various reasons that could range for saturation of the cu
ent market to obsolescence of the product in the country. Various strategies use to increase the sales of their product. The marketing approach of entry into different types of markets such as the markets of developing countries are based on the factors such as the socio-economic development of the country, the political environment, the legal framework, the demographics and many such important factors. The pro-market reforms taking place in the country of expansion make it an attractive destination for multinational companies seeking to expand their business. The presence of competitor products or the lack of competition can also lead to companies making new investments. For the purpose of the study, the entry of KIA motors (an automobile company) into an emerging market India is studied.
External Environmental Factors
Political- the automobile industry is considered one of the largest contributors to the economy in India. The political environment in India favours the motive of Make in India. The automobile sector has been the most favoured investment for generation of employment. It is an attractive destination for foreign investment in India. Automotive Mission Plan 2016-2026 aims at making Indian auto industry as the engine of the Make in India program (Tripathi & Rao, 2016).
The political climate in India also favours green technology because of the ca
on emissions from emerging economies due to the rapid growth. India and China have made great strides in capabilities and green technology and this favours companies that manufacture vehicles. The conventional technology favouring foreign direct investment in India was important during the initial phase of take-off. The unconventional sectors using unconventional technology transfers such as renewable energy, electric and hy
id vehicles, wind energy have motivated foreign players to invest. This way they gain access to a huge market and make use of collaborative relationships. They may be less motivated to do so in smaller countries, which have a smaller number of buyers (Lema & Lema, 2012).
Legal -the legal framework of the automobile sector is moving from a voluntary code to a legally enforceable code. The authorities can enforce a full recall and ask the company to replace or reimburse or repair the vehicle. There are also the provisions for fines. The primary onus will be on the manufacturer. There are many proposed changes in the cu
ent laws that India proposes and the country proposes laws that enforce safety and the reduction of emissions to safeguard the environment. The Lok Sabha has recently passed the Motor vehicles (Amendment Bill, 2016 that introduces many amendments to the three-decade-old Motor Vehicle Act. If there is a defect in the particular type of vehicle reported by a majority of owners, by a testing agency or any other source then the government has the power to order a recall (The Economic Times, 2017).
Economic-the acceleration of new technologies, sustainability policies, changing consumer preferences, rise of new technologies have given rise to new business models in emerging markets. There are four disruptive trends in the automobile sector. They are diverse mobility, autonomous driving, electrification and...
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