This Major Assignment is in two parts and together creates a complete International Business Report. This assessment item is Part 1 of this report. Your task is to: Choose an organisation Select an...

1 answer below »

This Major Assignment is in two parts and together creates a complete International Business Report. This assessment item is Part 1 of this report.
Your task is to:



  • Choose an organisation

  • Select an overseas country of your choice

  • Conduct a analysis of the macro environment (ie the economic, political, legal, cultural and ethical environment) that your chosen business would need to be aware of if they were going to "do business" in this country.




Most companies have websites from which you should be able to acquire sufficient information to address this assignment task. Students may choose to conduct this analysis on their current workplace organisation. However, if choosing your own organisation the country selected must not be one in which your company currently operates. If you are having trouble identifying an organisation for this report then please contact the lecturer who will be able to provide you with a choice of companies based on case studies.
Note that you need to ensure that you refer to the theory covered in the topics 1 to 6 within your report and find additional relevant literature. This should not be a general descriptive report, but rather must be a report that explains the relevant theory relating to international business, as well as using it to analyse the environment. That is, when providing data on type of government or economic factors you should not just state the information but you should also explain how it is significant and why it is of interest/importance to your particular organisation.
Your assessment should be prepared in report style format and should include the following content:



  • Executive summary of main findings of report

  • Introduction to the report

  • Brief company background including why it might consider overseas expansion (Topics 1 & 2)

  • Brief introduction to chosen country

  • Economic Analysis (Topics 3 & 4)

  • Political & Legal Analysis (Topic 5)

  • Culture and Ethics (Topic 6)

  • Conclusions

  • Reference list (in APA format)



Online submission via Turnitin is required for this assignment. Details will be provided by your subject lecturer.

Rationale

This assessment has been designed in order to:



  • assist you to develop and demonstrate your learning about the nature of international business and the importance of macro-environmental scanning and research, focusing on Topics 1-6;

  • allow you to develop your information searching and critical thinking skills; and

  • provide you with further experience in academic writing.




It addresses the following learning objectives for this subject



  • be able to describe international business practices and discuss how they are being shaped by economic theories, financial, socio-cultural and political forces; with particular emphasis on the business practices of Australia's major trading partners;

  • be able to identify general, and special problems, issues facing managers of international business operations

  • be able to investigate different socio-cultural and ethical environments in the international arena and explain the implications for conducting business.

Marking criteriaA copy of the marking guide for this assessment item follows.







































































CRITERIONFail (N) 0-49 Poor/unacceptable/Not attempted/requires further development/needs improvementPass (P) 50-64 Acceptable/Satisfactory/ProficientCredit (C) 65-74 Good/Well doneDistinction (D) 75-84 Very good/ exceeds expectationsHigh Distinction (HD) 85-100 Excellent/exemplary/exceeding high standard

1 - Executive Summary (10 marks)
The executive summary was missing or poorly constructed e.g. it acted as a table of contents or introduction outlining what the report contained rather than summarising the key findings.Summarised some key findings but still reads more like an introduction than an Executive Summary (i.e. “the report will cover …” rather than “the report found that…. )ES provides a summary of most of the key findings in the report. Some evaluation of implications included.A good summary of the key findings in the report was provided. The report provides an informed evaluation of the implications of these findings in terms of risks and opportunities.Provided a concise summary of the findings of all sections of the report. Findings for all important factors were provided in the summary. Evaluation of implication demonstrates strong understanding of macro environmental risks and opportunities.

2 – Introduction covering scope of report, introduction to company, brief background and identification of chosen overseas country. (10 marks)
The introduction did not highlight the scope of the report and/or background of the company effectively. It provided generic information with no clear focus on key issues such as core business, goals, mission etc. Chosen country not identified or information provided not well considered.Background information on the company provided but not well synthesised. Some information on key issues such as core business. Scope of the report outlined and chosen overseas country identified.Background information on the company provided. Shows evidence of research. Information on key issues such as core business, mission and goals synthesised and conveyed concisely. Scope of the report outlined and chosen overseas country clearly identified with relevant issues discussed.Background information on the company demonstrates evidence of research. Information is synthesised and then summarised effectively with key issues identified. Scope of the report clearly articulated. Clearly identifies chosen overseas country and provides justification for choice.Background information on the company demonstrates ability to research and synthesize information into a clear and concise exposition of knowledge. Scope of the report clearly and concisely articulated. Clearly identifies chosen overseas country and provides clearly articulated yet concise justification for choice.

3 – Macro, analysis & discussion of implications (Economics, political, legal, socio-cultural sections) (40 marks)
The economic, political, legal, economic and socio-cultural section displayed little or limited understanding of key concepts/theory and the application of those concepts to the country analysed. Data was either presented uncritically with no discussion of implications or poor arguments were made in regards to the data and the chosen firm. Limited research evident.The economic, political, legal, and socio-cultural section presented relevant data and drew some connections to key concepts/theory. Some analysis of the implications of the data in relation to the chosen country and the chosen firm. Evidence of research using some authentic and relevant data sources (eg CIA, Austrade, WTO, Economist, Transparency International)The economic, political, legal, and socio-cultural section presented relevant data and drew connections to key concepts/theory. Analysis of the data in relation to the chosen country outlined implications for the chosen firm. Evidence of research using a range of authentic and relevant data sources (eg CIA, Austrade, WTO, Economist, Transparency International, Globaledge etc).The economic, political, legal, and socio-cultural section presented relevant data and drew clear connections to key concepts/theory. Analysis of the data in relation to the chosen country clearly outlined relevant implications for the chosen firm and demonstrates ability to synthesise and extract relevant information. Evidence of research using a broad range of authentic , current and relevant data sources (eg CIA, Austrade, WTO, Economist, Transparency International and beyond).The economic, political, legal and socio-cultural section presented relevant data and drew clear and concise connections to key concepts/theory. Analysis of the data in relation to the chosen country clearly outlined relevant implications for the chosen firm and demonstrates ability tosynthesise and extract relevant information only. Evidence of research using a wide range of authentic , current and relevant data sources (eg CIA, Austrade, WTO, Economist, Transparency International and beyond).

4 - Overall knowledge and application of cultural frameworks
(10 marks)

Demonstrates little understanding of the complexity or elements of chosen culture. Limited or no discussion of theoretical frameworks.Discussion of elements of chosen culture shows some research. Tends to rely heavily on etiquette and custom. Lacks strong analysis using cultural frameworks. Minimal evaluation or discussoin of implications.Demonstrates good research into the chosen culture. Clearly identifies important elements and discusses deeper aspects such as values, attitudes and communication styles using theoretical frameworks. Evaluates implications.Demonstrates good research into the chosen culture. Clearly identifies important elements and discusses deeper aspects such as values, attitudes and communication styles using theoretical frameworks. Draws connections with wider macro-environmental elements. Evaluates implications.Demonstrates excellent research into the chosen culture. Effectively synthesizes information to identify important elements. Provides and insightful analysis into deeper aspects such as values, attitudes and communication styles using theoretical frameworks. Draws connections with wider macro-environmental elements and evaluates implications for management of chosen firm demonstrating strong insight and analysis.

5 - Discussion of ethical & CSR issues (5 marks)
No or limited research into ethical/CSR issues. Minimal discussion.Some research into ethical/CSR issues. Highlights some key aspects (eg corruption index score). Some discussion of implications.Research into ethical/CSR issues evident. Highlights main aspects (eg corruption index score, cultural differences impacting values, beliefs perceptions). Some discussion of implications.Research into ethical/CSR issues evident. Highlights main aspects (eg corruption index score, cultural differences impacting values, beliefs perceptions). Discussion of implications is informed and well supported.Excellent research into ethical & CSR issues international manager is likely to face in environment. Links analysis to cultural aspects. Strong ability to synthesize information, analyse implications and relate to theory.

6 – Structure, organisation, presentation and grammar (10 marks)
The report was unprofessional, unclear and not well structured. Table of contents, headings, page numbers etc were missing or inconsistent. Meaning unclear and/or grammar and/or spelling contained frequent errorsThe report was neat and well structured. Presentation mostly follows guidelines ie 1.5 spacing, page numbers, easy to read font. Reference list on separate page. Some minor issues. Meaning apparent but language not always fluent. Some spelling and grammatical errors.The report was neat and well structured. Presentation follows guidelines ie 1.5 spacing, page numbers, easy to read font. Reference list on separate page. Language mainly fluent. Grammar and spelling mainly accurate.Organisation and presentation was of report was of a professional, standard. Presentation follows guidelines.
Fluent writing style.Grammar and spellines accurate.
Organisation and presentation was of an excellent standard. Presentation follows guidelines.
Fluent writing style. Grammar and spelling accurate.

7 - Research and referencing (15 marks)
Referencing needed improvement. Sources were uncited / poorly cited / demonstrated little attempt to comply with APA system. Reliance on few and/or poor quality sources. There was likely a reliance on one source of literature.Referencing was of a satisfactory standard with consistent and sustained acknowledgement of sources of information and data throughout report. Shows clear attempt to follow APA method of referencing. Some errors evident e.g. page numbers missing from direct quotations or errors in referencing websites. Overall references were presented reasonably clearly in the reference list, using a consistent format (not missing many references).
Used a variety of authentic information sources.
Consistent and sustained acknowledgement of sources of information and data throughout report. Most citations follow APA method of referencing with few errors. These references were presented reasonably clearly in the reference list, using a consistent format (not missing many references).
Used a variety of authentic information sources with majority being current.
Consistent and sustained acknowledgement of sources of information and data throughout report. Referencing was of a high standard. Majority of citations in report and references in reference list conform to APA standard.
Used a variety of up to date, authentic and appropriate information sources and texts.
Consistent and sustained acknowledgement of sources of information and data throughout report. Excellent referencing with majority of citations correctly adhering to APA method. Comprehensive reference list.
Wide variety of up to date, authentic and appropriate sources used in appropriate context.





Presentation


This assessment item is to be presented in Report format. Information about the structure and nature of reports is provided elsewhere in this Outline.

Requirements

The following is a useful self check guide:

Structure and Content

Are all areas covered fully? Does the report include clear explanations and understanding of the relevant information? (i.e. not merely descriptions) Do you clearly demonstrate that you understand the significance of the macro-environmental variables for the entry of your company into the overseas country? Are the arguments convincing and well supported? Is there clear evidence of an understanding of the fundamentals of theory relevant to international business?).



Arguments



Quality of the arguments: Is some in-depth analysis evident or has the source material presented been accepted uncritically? Is the content simply a description rather than analysis? Is there strength and substantiation of arguments through supporting evidence (eg, established theory, examples, critical reasoning, etc).

Sources with breadth and depth of reading:Has research from a range of authoritative sources been integrated into your work? Is a critique of the readings reflected in the report?



Expression and Presentation:
Is the report developed logically and well-structured? Does the writing flow well? Is the overall impression of a convincing professional report, with credible logical arguments supported by theory and facts from published sources? Is the style concise and lucid to give a coherent succinct summary, or is it difficult for the reader to get the point? Is the grammar and language appropriate for a postgraduate level academic report? Is there overall quality of the written expression, punctuation, spelling and grammar? Does the report have good overall appearance and layout

Answered Same DayMar 22, 2020HI5003

Answer To: This Major Assignment is in two parts and together creates a complete International Business Report....

Arun answered on Mar 28 2020
144 Votes
TATA MOTORS INVESTMENT OVERSEAS 8
TATA Motors Investment Overseas
Table of Contents
Introduction    4
Overview of TATA Motors Company    4
PESTLE analysis of Pakistan    5
Economic analysis     5
Political and legal analysis    9
Culture and ethics    9
Conclusion    11
References    13
Executive summary
The report identifies the causes for doing business in Pakistan for TATA Motors Company. The analysis reveals a weak ethical framework in Pakistan. Pakistan economy is also not able to sustain the GDP growth and other indexes for economic development. The poor infrastructure
and unavailability of electricity are major deterrent for economic growth of Pakistan. Also, the political upheaval and rise of Islamic fundamentalism threatens the democratic system of Pakistan as the military often has a final saying. The role of cultural environment is also poor to the growth of the company as there is a general antagonistic view against the Indian company prevails. The crimes rates are high in the country and so the corruption. Therefore, the TATA Motors is suggested to keep in consideration of these facts before investing in Pakistan.
Introduction
The report explains out TATA Motors Company initiative to invest in Pakistan. To know the feasibility of this decision, the PESTLE analysis of Pakistan is conducted. The PESTLE analysis also reflects the impact over the TATA Motors Company business operation. The report concludes with findings.
Overview of TATA Motors Company
TATA Motors is a world recognised company and has a robust business operation. It was established in 1945 as a name of TATA Engineering and Locomotive Co. Ltd. It offered locomotives and other engineering products to the customers at that time. Now it is the largest automobile company in India having revenue of Rs. 25.660.79 crores in the year of 2008-9. It was the first company from Indian engineering sector to be listed in the New York exchange in 2004. The businesses of TATA Motors are spread in UK, Thailand, Spain and South Korea. Now two third of the heavy vehicles imported by south Korea is from the TATA Motors company. TATA Company has worldwide presences and its commercial and passenger’s products are marketed in various countries in Europe, Middle East, south-east Asia, south Asia, and South America and in Africa. TATA Motors is truly a world class company as the findings suggest. Company has joint venture assembly operation as well in Bangladesh, Kenya, Russia, Ukraine and Senegal to supply the vehicles with relative ease. Company is also promoting research and development activities and therefore, it is able to produce the first indigenous car of TATA Indica that becomes the largest selling car in its segment after the launch. It has also launched TATA Ace vehicle in 2005. TATA Motors is known for its focus towards customers and therefore, to fulfil the customer’s desires to purchase a low budget car, it has introduced NANO car in 2009. The R&D centres are in Jamshedpur, Pune and Lucknow as well as in Spain, South Korea and UK.
Company offers passenger cars such as indica Vista, Indica V2 and Turbo etc, Utility vehicles such as Safari Dicor, Sumo Granda, trucks such as medium and heavy commercial trucks, light commercial vehicles and intermediate commercial vehicles, commercial passenger carriers such as buses, winger and magic, and defence vehicles. The subsidiaries of the company are Jaguar Land Rover, TATA technologies, HV transmissions Ltd, Concorde Motor (India) Ltd, and many other companies.
The TATA Motors is eying to enter into the Pakistan market and therefore to know the feasibility of investment in Pakistan, the report conducts a PESTLE analysis.
Pestle analysis of Pakistan
Economic analysis
The economic survey of Pakistan reports that country has achieved the GDP growth of the 5.28 percent during the financial year of 2016-17 against the target of 5.7 percent. This has taken the economy beyond the US$ 300 Billion. The GDP is found higher than in the last decade. The annual fiscal deficit for Pakistan during the 2016-17 achieved its target and is stood at 3.8 percent. The inflation rate was decreased in financial year 2016-17 and it was around 4.1 percent that was lower than expected target of 6 percent. The industrial sector though missed the target of 7.7 percent growth rate as it was hovering at 5.00 percent during the financial year 2016-17. The large sector manufacturing grew at 4.9 % comparing to the target of 5.9 percent. The small-scale manufacturing sector posted a growth of 8.2% in the financial year 2016-17 and it was almost fulfilling the set target of growth. The services sector however did well and surpassed growth rate of 5.7% by reaching to 6% during the financial year 2016-17. The wholesale and retail trade sector posted impressive growth of 6.8% against the set target of 5.5%. Agricultural growth hit the target of 3.5 percent in the financial year 2016-17 (Analysis: Economic Survey of Pakistan , 2016-17).
The national debt is found rupees 20.8 trillion. The tax revenue collection did not meet the target as it amassed only rupees 2518.7 billion. The tax revenue collection amassed only y2518.7 rupees against the set target of 3621 billion for financial year2016.17. The non-tax revenue collection for the nine months stood at rupees 451 billion only and is highly unlikely to meet the target of 951 billion. The government could not enhance the investment to GDP ratio as it was only 15.78 percent against the target of 17.7 percent. The gas and electricity generation and the distribution have posted good growth though and there was a 3.4 percent growth registered in this area but it was also way below the set target of 12.5 percent. The construction sector has registered an impressive growth of the 9.05 percent though it also did not meet the target of 13.2 percent.
The economic analysis reveals positive points such as the large internal market and dynamic demographics, expatriate’s workers are offering substantial remittances, inexpensive and abundant labour, and significant provider of Islamic finance.
The country is dependent on energy resource and there is inadequate sanitation as well as insufficient educational and agricultural infrastructure. There are income inequality as...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here