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
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Course/Programme:
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BA Business Studies
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Level:
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5
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Module Title:
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International Business
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Module Leader:
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Assignment titles:
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Individual Academic Report
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Assignment number:
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1 of 1
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Weighting:
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100%
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Date given out:
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Jan. 2021
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Submission date:
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Eligible for late submission (3 working days, with penalty)?
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Yes
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Method of submission:
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X
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Online only via Turnitin
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Special instructions for submission (if any):
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Date for results and feedback:
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Employability skills assessed:
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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
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Learning outcomes assessed:
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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.
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Referencing:
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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).
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Disclosure:
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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.
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All assignments must be submitted to Turnitin.
Note: TheTurnitin 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
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The grade awarded for this piece of work remains provisional until ratified by LSC Exam Board.
Assessment criteria: see grading criteria
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Learning Outcomes tested
(from module descriptor)
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Assessment Criteria to achieve each outcome a student must demonstrate the ability to:
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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
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Demonstrate an understanding of the motivations behind the formation of WTO.
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LO2: Evaluate the key elements of the international environment which have an impact on the activities of international firms;
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Discuss the role of global institutions such as WTO in policing global trade.
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LO3: Analyse the basis and recent patterns of international trade and investment;
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Analyse the opportunities and challenges that international firms have as result of WTO trade mechanisms.
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LO4: Demonstrate a critical understanding of a range of market selection techniques;
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Appreciate how market entry strategies are influenced by external global forces.
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LO5: Select appropriate methods of international market entry and development;
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LO6: Comment critically on the main methods of risk minimisation available to international companies;
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Critic the effectiveness of WTO in policing global trade.
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LO7: Apply appropriate concepts and theoretical frameworks to the workplace experience.
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A clear demonstration of the review of the relevant and up-to-date literature from a range of credible sources.
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The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements, negotiated and signed by the bulk of the world’s trading nations and ratified in their parliaments. The goal is to help producers of goods and services, exporters, and importers conduct their business.
Through the use of relevant examples, analyse the relevance or otherwise of the World Trade Organisation in promoting global trade.
Notes for undertaking the assignment:
The report should;
- Demonstrate an understanding of the motivations behind the formation of the World Trade Organisation (WTO).
- Demonstrate an understanding of the key functions of WTO.
- Assess the suitability of WTO and the challenges facing the organisation in achieving its principle aim of encouraging trade between countries.
- Apply theory to practice in the assessment of WTO effectiveness using relevant examples of how specific organisations or industries are affected by WTO policies.
Report Structure: -
- Title Page
- Table of Content (excluded from the word count)
- Executive summary-200 words (excluded from the word count)
- Introduction-200 words
- Literature Review-1300 words
- Analysis and discussion-1300 words
- Conclusions/recommendations-200 words
- References (excluded from the word count)
- Bibliography (excluded from the word count)
- Appendix-please use sparingly (excluded from the word count)
Assessing L.O. 1, 2; 3; 4; 5, 6 and 7
3000 Words maximum.
Please note the following when completing your written assignment:
- Writing: Written in English in an appropriate business/academic style
- Focus: Focus only on the tasks set in the assignment.
- 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.
- 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.
- All referencing should be in Harvard style.
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marking criteria and Student FEEDBACK – Assignment (100%)
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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.
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Common Assessment Criteria (applied to all parts of the project)
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Marks available
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Marks
Awarded
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1. Research-informed Literature: Extent of research and/or own reading, selection of credible sources, application of appropriate referencing conventions.
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25
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Students are expected to demonstrate a critical review of the literature related to WTO and its functions.
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2. Knowledge and Understanding of Subject: Extent of knowledge and understanding of concepts and underlying principles associated with the discipline.
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25
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Students are expected to demonstrate a good grasp of the impact that WTO has in trade amongst different countries.
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3. Analysis: Analysis, evaluation and synthesis; logic, argument and judgement; analytical reflection; organisation of ideas and evidence
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20
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A critical evaluation of the benefits and challenges of WTO in fulfilling its role of promoting global trade.
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4. Practical Application and Deployment: Deployment of methods, materials, tools and techniques; application of concepts; formulation of innovative and creative solutions to solve problems.
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20
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A clear demonstration of the practical implications of WTO with relevant examples.
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5. Skills for Professional Practice: Attributes in professional practice: individual and collaborative working; deployment of appropriate media; presentation and organisation.
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10
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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.
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TOTAL
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