{"id":38497,"date":"2024-11-22T01:53:44","date_gmt":"2024-11-22T01:53:44","guid":{"rendered":"https:\/\/www.writemyessays.app\/blog\/questions\/benchmark-international-business-market-entry-simulation-and-market-entry-analysis\/"},"modified":"2024-11-22T01:53:44","modified_gmt":"2024-11-22T01:53:44","slug":"benchmark-international-business-market-entry-simulation-and-market-entry-analysis","status":"publish","type":"questions","link":"https:\/\/www.writemyessays.app\/blog\/questions\/benchmark-international-business-market-entry-simulation-and-market-entry-analysis\/","title":{"rendered":"Benchmark \u2013 International Business Market Entry Simulation and Market Entry Analysis"},"content":{"rendered":"

Assessment Description<\/p>\n

The purpose of this assignment is to manage the
\ninternational strategy and operations for expanding a casual dining chain of
\nrestaurants over a span of 6 years. Then, based on your \u201cInternational Business
\nSimulation: Market Entry\u201d results, is to analyze the impact of your decisions
\nregarding market entry modes, local market decisions,
\neconomic\/demographic\/cultural\/political\/legal changes, and market strategies
\nthat affected the expansion of the organization a global business environment.<\/p>\n

Part 1: International Business Market Entry Simulation
\nResults<\/i><\/b><\/p>\n

Navigate to the Market Entry simulation, located in the
\nClass Resources. Before starting the game, watch the International Business
\nSimulation: Market Entry Introductory Video. Then you will select a name for
\nyour Company and your Home Country. <\/p>\n

You will have two attempts to build a successful and
\nprofitable global business, with a target of $100 Million in cumulative profit
\nover the 6 years of the game.<\/p>\n

You do not need to submit anything to the digital classroom
\nafter the simulation is completed. Your score for the rubric section related to
\nthe simulation results will be determined by your Cumulative Profit after 6
\nyears. <\/p>\n

Part 2: Market Entry Analysis<\/i><\/b><\/p>\n

Review “Effective Business Writing,” located in
\nClass Resources and read the “Effective Business Writing” PDF,
\nreviewing the differences between academic and business writing as well as the
\nexample information provided about business reports. . You will write a
\nprofessionally formatted business report (800 \u2013 1,000 words) in which you
\naddress the following based on your experience playing the Market Entry
\nsimulation. <\/p>\n

    \n
  1. Identify
    \n the home country and expansion countries you selected during the
    \n simulation. Explain the business reasons for selecting the countries. If
    \n you exited a country during the simulation, explain why you decided to
    \n exit the country.<\/li>\n
  2. Highlight
    \n obstacles the company faced when expanding to other countries. Include an
    \n analysis of the economic and cultural factors that affected the
    \n organization in the global business environment. In addition to the
    \n obstacles in the simulation, what legal factors would you need to consider
    \n during the expansion into the other countries?<\/li>\n
  3. Explain
    \n which entry modes you selected during the simulation and why you selected
    \n the entry mode(s). <\/li>\n
  4. How
    \n would the company’s organizational structure change based on your entry
    \n mode(s)?<\/li>\n
  5. Describe
    \n how your local market decisions were impacted with respect to product,
    \n price, promotion, and place\/distribution. <\/li>\n
  6. How
    \n would the company’s global supply chain be impacted by your decisions?
    \n  <\/li>\n<\/ol>\n

    You are required to use at least two external scholarly
    \nsources in addition to the textbook and simulation.<\/p>\n

    Prepare this assignment using an effective business writing
    \nstyle. Refer to the resource, “Effective Business Writing,” located
    \nin the Class Resources, for specific guidelines and formatting requirements.
    \n  <\/p>\n

    This assignment uses a rubric. Please review the rubric
    \nprior to beginning the assignment to become familiar with the expectations for
    \nsuccessful completion.<\/p>\n

    You are required to submit this assignment to LopesWrite. A
    \nlink to the LopesWrite technical support articles is located in Class Resources
    \nif you need assistance.<\/p>\n

    Benchmark Information<\/i><\/b>

    \nThis benchmark assignment assesses the following programmatic competencies:<\/i><\/p>\n

    BS Business Administration 3.2; BS Applied Management
    \n3.12; BS Business Management 5.6<\/i><\/p>\n

    Analyze the economic, legal, and cultural factors that
    \naffect organizations in the global business environment.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"

    Assessment Description The purpose of this assignment is to manage the international strategy and operations for expanding a casual dining chain of restaurants over a span of 6 years. Then, based on your \u201cInternational Business Simulation: Market Entry\u201d results, is to analyze the impact of your decisions regarding market entry modes, local market decisions, economic\/demographic\/cultural\/political\/legal […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":[],"disciplines":[],"paper_types":[],"tagged":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions\/38497"}],"collection":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions"}],"about":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/types\/questions"}],"author":[{"embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/comments?post=38497"}],"version-history":[{"count":0,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions\/38497\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/media?parent=38497"}],"wp:term":[{"taxonomy":"disciplines","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/disciplines?post=38497"},{"taxonomy":"paper_types","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/paper_types?post=38497"},{"taxonomy":"tagged","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/tagged?post=38497"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}