Significance of international trade to UK business organizations; Impact of global factors on UK business organizations; Impact of policies of the European Union on UK business organizations

Business Environment

Assignment 3 Going International

Learning Outcomes
LO.4 – Be able to assess the significance of the global factors that shape national business activities 4.1 – discuss the significance of international trade to UK business organizations
4.2 – analyze the impact of global factors on UK business organizations
4.3 – evaluate the impact of policies of the European Union on UK business organizations

Grading Descriptors
M1 – Identify and apply strategies to find appropriate solutions Student has made effective judgements in the writing of this assignment, utilizing relevant evidence and materials to communicate their viewpoint. An effective approach to study and research has been applied as evidenced by the use of reliable sources of information.
M3 – Present and communicate appropriate findings Student has used gathered information from multiple sources to form the basis of their business report. Information gathered from multiple sources is referenced correctly and the work is submitted on time.
D1 – Use critical reflection to evaluate own work and justify valid conclusions Student has drawn conclusions which have been arrived at through a synthesis of ides and materials and have justified their relevance and inclusion.
D3 – demonstrate convergent/ lateral/ creative thinking Student has demonstrated effective thinking in response to this assignment, rising to the challenges of unfamiliar contexts and completing the tasks comprehensively and accurately.

Summary of Tasks

Rationale
In our working lives we will be often asked by our managers to prepare a presentation in either written or oral format on a given topic to be presented to senior management for their consideration. In this assignment you will have the opportunity to practice your skills in doing this.

Situation
Until now, domestic demand for the products of the bicycle company have accounted for 100 percent of its sales. However, there is growing interest for these products from abroad. The management of the company is split on the desire to go abroad with its products fearing large investment and changes which would need to be made in order to comply with regulations in foreign countries. As some members of senior management need to be convinced whether this is a good idea or not you are requested to do ONEof the following activities.

Choice A
Create a written report to be read by the senior management of the organization which explains the following.

1 - How international trade benefits British business organizations in general.
2 - How British business organizations are already tied into the world economy whether they export or not.
3 - The impact that European Union policies have on manufacturing organizations.
4 - The policies which would have an impact on the decision to export within the European Union.
5 – Make a recommendation whether the company should move into Europe and which form this should take.

In order to assist you with this exercise, please go to the following link where the spreadsheet will allow you to base your arguments on data analysis.

http://www.bized.co.uk/educators/16-19/economics/international/activity/ukposition.htm

The second link will also assist you in preparing your report.

http://www.bized.co.uk/learn/economics/international/trade/index.htm

Your assignment should be presented in a business report format and your arguments supported with evidence in the form of statistics/theory/example.


Choice B
Create a presentation to be viewed by the senior management of the organization which explains the following.

1 - How international trade benefits British business organizations in general.
2 - How British business organizations are already tied into the world economy whether they export or not.
3 - The impact that European Union policies have on manufacturing organizations.
4 - The policies which would have an impact on the decision to export within the European Union.
5 – Make a recommendation whether the company should move into Europe and which form this should take.

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In order to assist you with this exercise, please go to the following link where the spreadsheet will allow you to base your arguments on data analysis.

http://www.bized.co.uk/educators/16-19/economics/international/activity/ukposition.htm

The second link will also assist you in preparing your report.

http://www.bized.co.uk/learn/economics/international/trade/index.htm

Your assignment should be presented as an oral business presentation and your arguments supported with evidence in the form of statistics/theory/example.

By week 13 you should inform the lecturer which choice you have made. Once you have made a choice, you are not allowed to change. The written reports will be handed in through Moodle on the last day of semester, presentations will take place during the class in week 15. Powerpoint and other materials used must be uploaded to Moodle. Your presentation will be recorded as evidence.

Required Work and Format

All word processed work must be 12 point font, double spaced and include a signed and correctly completed assignment coversheet. All sources of information must be referenced correct using the Harvard Referencing system, see Cite Them Right for details. There is no word limit for this report.

The report must be submitted as a pdf file to Moodle by the given deadline.

All presentation work include a signed and correctly completed assignment coversheet. All sources of information must be referenced correct using the Harvard Referencing system, see Cite Them Right for details. The presentation should be approximately 10-15 minutes long.

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