International, Domestic, Local, and In-Sourcing

International, Domestic, Local, In-Sourcing Final Assessment: Outline and Rubric Competency Name: International, Domestic, Local, In-Sourcing Competency Statement: Develop an understanding of advantages and disadvantages of international, domestic, local, and insourcing options to source goods and services, including total cost of ownership. Final Assessment Title: Issues and Opportunities in International Business Competency Objectives: 1. Develop an understanding of the issues and opportunities in international business (e.g., infrastructure, risk assessment, and cost benefit and opportunity analysis). 2. Develop an understanding of international sources of materials and services (e.g., research and benchmarking of potential global suppliers, financial and intellectual property issues, development of a business case/plan, contingency plans and exit strategies, country specific governmental regulations, trade networks/trading companies, and logistics providers). 3. Develop an understanding of the role of finance in global business transactions. 4. Develop an understanding of ways to identify and evaluate domestic, local, or in-sourcing options. 5. Understand and analyze importing and exporting strategy to include potential cost savings, countertrade, and strategic management Program Learning Outcome(s): N/A Institutional Learning Outcome(s): N/A Purpose of this Assessment The purpose of this assessment is to demonstrate an understanding of the issues and opportunities in international business, including international sources of materials and services, the role of finance in global business transactions, and options for domestic, local and in-sourcing, and total cost ownership. You will also include a description of the documentation necessary to maintain cross-border transactions and monitor sourcing relationships according to an organization’s social, economic, and ethical mission. Items Required for Submission The item required for submission is a 10 – 15 page Issues and Opportunities in International Business paper. Step ONE: Research and Planning You have been hired as an advisor to a company’s international relations division. As part of your role in this organization, you are responsible for researching and developing a guide for expanding the company’s business internationally.  Select a company using the following sites as a starting place: o https://dir.yahoo.com/business_and_economy/directories/companies/ Final Assessment: Outline and Rubric 1 International, Domestic, Local, In-Sourcing Final Assessment: Outline and Rubric   o www.hoovers.com o http://fortune.com/fortune500/ o http://www.huffingtonpost.com/2013/07/08/fortune-global-500_n_3561233.html Research the selected company in terms of its mission, values, and current international trade and business models. Use the five competency objectives as guidelines to direct your research: o What are the issues and opportunities in international business for this particular industry? o What are the options for international sourcing of materials and services? What are the governmental regulations and trade barriers that need to be taken into account? o What are the financing options and risks associated with global business transactions? o What are this company’s options for domestic and local sourcing? What are the options for insourcing vs. outsourcing? o What are the considerations for the importing and exporting strategy for this industry? How can this company utilize strategic supply chain management to accomplish its goal of expanding its business globally? Make sure to personalize this guide for the company you select. In addition to the paper, you also may include visuals and other excerpts from your research to help support and validate the claims you make in your guide. Step TWO: Develop Your Guide Synthesize your research into a 10- to 15-page paper that addresses each of the five objectives of this competency, specific to the business you selected. Make sure to include relevant data, graphical displays, or other evidence that will support your claims. Your guide should include: 1. A brief introduction to the selected company’s mission, values, and current international trade and business models (if any). 2. A description of the international issues and opportunities facing this organization.  What possibilities are open to this business, and what risks and challenges might it face? What are the current trends for this business’s industry in terms of international trade? 3. A discussion of global sourcing options, global trends, and governmental regulations and trade barriers that need to be addressed.  What options might this company consider for global sourcing? What world trends in global sourcing might affect this business’s decision? What government regulations and trade barriers need to be taken into account before engaging in global sourcing? 4. A discussion of the role of finance in global transactions and the associated risks.  What are the finance options for this company if it proceeds with global transactions? What risks does it need to keep in mind? What suggestions or guidelines can you provide this organization to help minimize risk and maximize savings and security? 5. An analysis and evaluation of in-sourcing and outsourcing options, as well as domestic and local sourcing possibilities. Final Assessment: Outline and Rubric 2 International, Domestic, Local, In-Sourcing Final Assessment: Outline and Rubric  What are the benefits and costs of each of these options? What is viable for this company, and which of these areas do you recommend it develops? 6. A description and analysis of importing and exporting strategies and its relationship to strategic management.  What are the considerations for the importing and exporting strategy for this industry? How can this company utilize strategic supply chain management to accomplish its goal of expanding its business globally? Make sure to include at least five scholarly sources to inform your paper, and an APA style Reference page. Visit this online writing for additional resources to help format your paper using APA style: https://owl.english.purdue.edu/owl/resource/560/01/ Step FOUR: Complete Checklist for Submission [Leave this as the second to the last step in the instructions. Below, add the criteria the student must check to ensure they have met the requirements of the assessment in order to be successful.] Before you submit your work, check to see if you have met the criteria noted below. Did you: ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ Provide a clear and concise description of the selected company’s mission, values, and current international trade and business models? Clearly and comprehensively describe the international issues and opportunities relevant for the selected organization, and relevant trends in the industry? Provide a clear and comprehensive description of the selected company’s global sourcing options, global trends, and applicable governmental regulations and trade barriers that need to be addressed? Did you make thoughtful, well-supported recommendations to address these options and regulations? Clearly and comprehensively describe the role of finance in global transactions and the associated risks, as they apply to the selected company? Provide thoughtful, well-supported recommendations that minimize risk and maximize savings and security? Thoroughly analyze and evaluate in-sourcing and outsourcing options, as well as domestic and local sourcing possibilities? Provide insightful and well-supported recommendations as to the viability and potential benefits and costs of each of these options? Clearly describe and analyze importing and exporting strategies for the selected company (or industry)? Make insightful, well-supported recommendations as to how this company can utilize strategic supply chain management strategies to accomplish its goals of international expansion? Include at least #? scholarly sources or other current sources to inform your paper? Demonstrate APA academic writing and a sophisticated presentation of all material, displaying clarity, conciseness, and correctness? Remember that the entire assignment is 10 to15 pages in length and is double-spaced, using Times New Roman, 12-point font. The page limit does not include the Title and Reference page. Final Assessment: Outline and Rubric 3 International, Domestic, Local, In-Sourcing Final Assessment: Outline and Rubric Step FIVE: Submit Your Work ● Your completed files should be submitted through the Final Assessment page of your competency. Scoring Rubric for Final Assessment Criterion Company’s Mission, Values, and International Trade and Business Models Issues and Opportunities International Business Global Sourcing Options Governmental Regulations EMERGING Does not provide a complete description of the selected company’s mission, values, and current international trade and business models. Inadequately describes the international issues and opportunities relevant for the selected organization, and relevant trends in the industry. DEVELOPING Provides a limited description of the selected company’s mission, values, and current international trade and business models. Provides a poor description of the selected company’s global sourcing options, global trends, and applicable governmental regulations and trade barriers that need to be addressed. Provides a partial description of the selected company’s global sourcing options, global trends, and applicable governmental regulations and trade barriers that need to be addressed. Final Assessment: Outline and Rubric Partially describes the international issues and opportunities relevant for the selected organization, and relevant trends in the industry. PROFICIENT Provides a somewhat clear description of the selected company’s mission, values, and current international trade and business models. Clearly describes the international issues and opportunities relevant for the selected organization, and relevant trends in the industry. Provides a somewhat clear description of the selected company’s global sourcing options, global trends, and applicable governmental regulations and trade barriers that EXEMPLARY Provides a clear and concise description of the selected company’s mission, values, and current international trade and business models. Clearly and comprehensively describes the international issues and opportunities relevant for the selected organization, and relevant trends in the industry. Provides a clear and comprehensive description of the selected company’s global sourcing options, global trends, and applicable governmental regulations and trade barriers that 4 International, Domestic, Local, In-Sourcing Final Assessment: Outline and Rubric Criterion Role of Finance in Global Transactions Domestic, Local, InSourcing Options Importing, Exporting & EMERGING DEVELOPING PROFICIENT need to be addressed. EXEMPLARY need to be addressed. Makes poorly unsupported recommendations to address these options and regulations. Makes partially supported recommendations to address these options and regulations. Partially describes the role of finance in global transactions and the associated risks, as it applies to the selected company. Makes somewhat well supported recommendations to address these options and regulations. Somewhat clearly describes the role of finance in global transactions and the associated risks, as it applies to the selected company. Makes thoughtful well supported recommendations to address these options and regulations. Clearly and comprehensively describes the role of finance in global transactions and the associated risks, as it applies to the selected company. Poorly describes the role of finance in global transactions and the associated risks, as it applies to the selected company. Provides poorly supported recommendations that minimize risk and maximize savings and security. Provides partially supported recommendations that minimize risk and maximize savings and security. Provides mostly well supported recommendations that minimize risk and maximize savings and security. Poorly analyzes and evaluates insourcing and outsourcing options, as well as domestic and local sourcing possibilities. Partially analyzes and evaluates insourcing and outsourcing options, as well as domestic and local sourcing possibilities. Analyzes and evaluates insourcing and outsourcing options, as well as domestic and local sourcing possibilities. Provides poorly supported recommendations as to the viability and potential benefits and costs of each of these options. Provides partially supported recommendations as to the viability and potential benefits and costs of each of these options. Provides somewhat well-supported recommendations as to the viability and potential benefits and costs of each of these options. Inadequately describes and Partially describes and analyzes Describes and analyzes importing Final Assessment: Outline and Rubric Provides thoughtful well supported recommendations that minimize risk and maximize savings and security. Thoroughly analyzes and evaluates insourcing and outsourcing options, as well as domestic and local sourcing possibilities. Provides insightful, well-supported recommendations as to the viability and potential benefits and costs of each of these options. Clearly describes and analyzes 5 International, Domestic, Local, In-Sourcing Final Assessment: Outline and Rubric Criterion Strategic Management Integration of Research Writing Mechanics EMERGING analyzes importing and exporting strategies for the selected company (or industry). Makes poorly supported recommendations as to how this company can utilize strategic supply chain management strategies to accomplish its goals of international expansion. Two or fewer scholarly sources are referenced and integrated within the paper to support the descriptions, analyses, and recommendations made. The paper lacks clarity and may be confusing— may be too long or short. Numerous errors in spelling, grammar, and/or punctuation. Limited if any adherence to APA standards. Final Assessment: Outline and Rubric DEVELOPING importing and exporting strategies for the selected company (or industry). Makes partially well-supported recommendations as to how this company can utilize strategic supply chain management strategies to accomplish its goals of international expansion. Two to three scholarly sources are referenced and integrated within the paper to support the descriptions, analyses, and recommendations made. The paper is somewhat logical and well-written— may be too long or short. Some errors in spelling, grammar, and/or punctuation. APA standards are somewhat followed but with numerous errors. PROFICIENT and exporting strategies for the selected company (or industry). Makes somewhat well-supported recommendations as to how this company can utilize strategic supply chain management strategies to accomplish its goals of international expansion. Three to four scholarly sources are referenced and integrated within the paper to support the descriptions, analyses, and recommendations made. The paper is logical, well-written, and the required length. There may be one or two minor errors in spelling, grammar, and/or punctuation. APA formatting standards are followed with a few minor errors. EXEMPLARY importing and exporting strategies for the selected company (or industry). Makes insightful, well-supported recommendations as to how this company can utilize strategic supply chain management strategies to accomplish its goals of international expansion. Five or more scholarly sources are referenced and integrated within the paper to support the descriptions, analyses, and recommendations made. The paper is logical, well-written, and the required length. Spelling, grammar, and punctuation are accurate. APA formatting standards are followed. 6

Collepals.com Plagiarism Free Papers

Are you looking for custom essay writing service or even dissertation writing services? Just request for our write my paper service, and we'll match you with the best essay writer in your subject! With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.

Get ZERO PLAGIARISM, HUMAN WRITTEN ESSAYS

Why Hire Collepals.com writers to do your paper?

Quality- We are experienced and have access to ample research materials.

We write plagiarism Free Content

Confidential- We never share or sell your personal information to third parties.

Support-Chat with us today! We are always waiting to answer all your questions.