There will be one summative assessment for this module:
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Individual International Business Report (100%) 3500 words (+/- 10%, it is expected that students under any circumstances should not cross the set word limit)
The summative assessment will be submitted in week 15. In the run-up to submission you will have the opportunity to gain formative feedback on different sections prior to submitting the final report for summative assessment (a detailed announcement of the formative assessment dates will be provided via BB and partner institutions could apply their own dates depending on their teaching sessions)
You must achieve a minimum mark of 40% to pass the module in order to achieve 20 academic credits at Level 6.
Learning outcomes covered by the Assessment
LO1 Debate key contemporary issues relating to organisations involved in international business.
LO2 Identify and evaluate the global context within which international business must function in the twenty- first century.
LO3 Appraise alternative methods of entry into foreign markets.
LO4 Explain why companies may decide to internationalise and alternative theories of internationalisation.
LO5 Discuss the impact of multinationals on both the home and host nations.
LO6 Select analyse and evaluate data on country markets.
Assessment brief
You have been appointed as an international business consultant for an upcoming high profile UK SME based in London. One of their key objectives for 2020-21 is to tap into the Chinese market for their “UHT milk for children aged from (3-11 years)”.
The company is expected to focus on specific target audiences( within Chinese market) that would see UHT milk from UK as a better proposition comparted to the current local options. Having access to international suppliers, the business fully intends to make use of the UK’s reputation as a land of quality, reliability, and transparency. Pre-school aged children and upwards are the ideal age to be ambassadors for the products due to their comprehension of what they like and dislike.
The final International Business report should contain:
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Executive Summary
You are required to submit business report constituting the elements mentioned below,
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Introduction (Industry background, should be supported by relevant facts and figures)
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Business drivers behind company’s expansion into the given country.
Students should indicate the factors under relevant sub-headings and supported by necessary references (students are expected to conduct PESTEL or Five forces analyses or any relevant trade theories which would lead them to identify key business drivers. Marks would be awarded for productively applying the chosen models/frameworks which highlight significant business drivers for internationalisation
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Trade Barriers
Students should highlight at least four trade barriers in the given context, Students should also demonstrate the business uncertainties and opportunities created by the trade policies of the national government of the target market.
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Ethical and social issues to be considered by the UK SME.
Students should highlight the importance of corporate social responsibility when operating internationally in the given context.
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Cultural preferences to be Considered by the business
Students should highlight the significance of culture within various activities associated with international Business in the Chinese market.
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Expansion Methods to be chosen by company
Students should identify the range of potential internationalisation methods. This should be followed by an identification of the most suitable options available to the SME supported by relevant strategic evaluation frameworks
