This website uses cookies to ensure you have the best experience. Learn more

International Business Guidelines Essay

1618 words - 6 pages

School of Business Management
BM0471: Essentials of International Business
ICA 1 (100 marks / 15% weightage)
Learning Objectives
 Introduce students to the importance of keeping abreast with world's affairs that are constantly evolving. Students will learn to appreciate how events in the international arena might have an impact on International Business in the political, economic, socio-cultural and technological environments locally and regionally.
 Apply international business concepts, which had been taught in the lectures to
current situations.
 Enhance students' comprehension (reading) and analytical (thinking) skills. Assessment Components
This ICA will be graded upon 100 marks and it carries 15% weightage in the entire module. There are three (3) assessment components. They are:
Written Report 50 marks Presentation 40 marks Participation and Discussion by class on topic presented by other teams
10 marks
a) Written Report
 Submission of hard copy during tutorial in the week beginning 08 Dec 2014. Late submission will attract a penalty of 20 marks being deducted each day.
 Not more than 5 A4 pages which should include a brief background of
selected topic, findings, analysis and justified comments on implication on IB and lastly conclusion and comments on unresolved issues and future developments (12 points, single-spaced)
 Each group has to submit the written report together with a softcopy of
the report in word file (doc. Or docx), the latter to be submitted to and compiled by the module or class representation for all groups in the class before submission to the tutor. The reports will be subjected to a plagiarism check using Blackboard. Reports found to have plagiarized will be heavily penalized.
 Each team is to select a topic related to IB. The topic can be in any one or
(at most) two of the following areas: Political, Economic, Socio-cultural, Technological and/or Environment/climate change which may have an impact on International Business.

Updated: 18 Sep 2014
Page 2 of 5
 As this report has a 5-page limit, students are cautioned to be mindful of
the scope of coverage for your research. Students should aim to achieve a reasonably good indepth study of the selected issue rather than attempting to study too many issues but each with little or no depth of analysis (e.g. 'A study of increase in oil prices to the global economy' maybe too ambitious and too wide in scope, instead 'A study of increase in oil prices to Singapore's economy' may be more realistic.) To this end, teams are required to submit a project outline to the respective tutors in week 2 along with the proposed topic for approval. The project outline should clearly state the proposed topic of research, the objective(s)/main research questions the team wishes the research undertaking to answer, the main areas/scope of discussion and possible sources of information.
 The team...

Find Another Essay On international business guidelines

International Conduct and Behaviour Essay

1118 words - 4 pages As Americans, we usually conduct our everyday business with an unwritten set of rules or guidelines. Most of us are very aware of what is and what is not acceptable at the workplace, in the classroom and in our community. So much is made of accepting others and being mindful as to not offend our colleagues, classmates and neighbors. When we enter into the international business scene, we are certainly operating under a different set of "rules

International Finance Essay

862 words - 3 pages different countries have unalike types of currency then the exchange between the two different currencies for one company can cause problems.Recession and financial conflict have in recent years provided an uncomfortable reminder of the financial risk of international business. International corporations, financial institutions, and international investors have experienced that the profitability of their primary business has been harmfully affected by


1163 words - 5 pages Key Term and why you are interested in it Ethics is defined as “the discipline dealing with what is good and bad and with moral duty and obligation”. “Business ethics is defined as “the study of ethical dilemmas, values, and decision making in the world of business”, which is not considered as a “separate disciple from ethics, and international business ethics, “examines many practical issues that result from international context of business

Ethics in International Environments

1161 words - 5 pages Ethics in International Environments Introduction Global marketing opportunities usually form the pillar under which viability and profitability of international marketing depend upon. This merged with globalization of market today makes international marketing practices a concern globally that calls for moral responsibility (ethics) in conducting business (Danley, 1983). Ethics in international marketing poses many dilemmas and this is

Managing for Ethical Conduct in a Global Business Environment

540 words - 2 pages Since customs, culture and norms can be very different from their own, managers need to learn how to adapt to different cultures. .A good way to do this is by learning their language. In fact, according to this chapter, "language is an essential part of cultural learning and contributes to productive international business experience."(pg.318)In addition, learning about how people behave and conduct business in other countries is essential

Managing for ethical conduct in a global business environment

540 words - 2 pages Since customs, culture and norms can be very different from their own, managers need to learn how to adapt to different cultures. .A good way to do this is by learning their language. In fact, according to this chapter, "language is an essential part of cultural learning and contributes to productive international business experience."(pg.318)In addition, learning about how people behave and conduct business in other countries is essential

This paper is a literature review of studies that were based on the impacts of mega events and world fairs

1294 words - 5 pages costs" (Kasimati, 2003). Much of the published literature on the "Olympic emphasizes long-term benefits such as newly constructed event facilities and infrastructure, urban revival, enhanced international reputation, increased tourism, as well as improved public warfare, additional employment, local business opportunities and corporate relocation" (Kasimati, 2003). In contrast, there is also a high potential of negative impacts that include high

International Financial Management: BHP

1862 words - 8 pages Surname PAGE \* MERGEFORMAT 1 International Financial ManagementIntroductionThe management of a business organization is mandated with the responsibility of ensuring that the business organization adopts the necessary management practices in order to achieve increased performance. In the cause of business activities, business organizations come across different risks including financial risks. The financial risks in a business organization are

Defining CC Framework As It Applies In International Business

918 words - 4 pages The need for well-built cross-cultural competence [CC] (Lenartowicz and Apud, 2006) in the world of work is intensifying than ever before. Globalization and the shifting demographics in most of world leading nations have caused a significant increase in multicultural workplace. With the economic downturn and the opportunities offered by the ICT, many firms are also venturing into international business (IB). Academic scholars and business


636 words - 3 pages will continue doing business. In the other hand Travelocity will have to handle their business with professional matters to ensure the satisfaction of their customers. (Travelocity, 2006)Travelocity will not have deal with any international issues as they have and agreement and customers will read the agreement, before they will go to the next steps. At the same time Travelocity has guidelines that they follow to ensure quality and satisfaction of every customer that they have help in the past.Reference:Retrieved August 8, 2006, from,

Managing Trans-border Data Flows

1039 words - 4 pages individuals to gain access to their stored data, and accountability of the party collecting and store this data (Waples & Norris 1992). These guidelines have allowed MNC to conduct their business by following these standard policies. Economic Issues The economic regulation of data flow is mainly to protect local industries. Countries enact these laws as a way to avoid loss of jobs (Waples & Norris 1992). These are the most restrictive laws that MNC

Similar Essays

Summary Foreign Market Selection Criteria

2493 words - 10 pages refereed journal papers/articles: "An Interactive Multicriteria Approach to Identifying Potential Foreign Markets", "Modelling of international market selection process: a qualitative study of successful Australian international business", "Approaches for assessing international marketing opportunities for small and medium-sized companies" and "Guidelines for Export Market Research". They all contributed to the area of studying international

The U.S. Export Import Bank And The Three Gorges Dam

1714 words - 7 pages River floods that occur every year and destroys a number of towns and villages and claims hundred of thousands of lives.The three American companies that were turned down by the EIB believed that they were robbed from a great opportunity to make business abroad and sell "American-made capital goods" to a very important international project. Many of these companies' growth has become tied with international business and markets. To be denied to

The Treasure Tower Essay

588 words - 2 pages the information you need to successfully buy or sell an existing company. Includes strategy, guidelines and procedures necessary for a successful transaction. Winner of the NABE Best Business Book of the Year Award and recommended by Kiplinger's Personal Finance Magazine! Includes the twelve "laws of the business buying and selling jungle." Preparing Your Business For Sale: Unlock the super-money value in your company!... This is the book that

Business: International Legal And Ethical Issues

1326 words - 5 pages are all contributing factors international companies must be ready to address. CadMex Pharma and Gentura must establish a business agreement that protects both of the company’s interest from issues concerning the social, legal, and ethical norms of the host business. What are the issues involved in resolving legal disputes in international transactions? The process for resolving any disputes must be agreed upon by both companies wishing to do