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WEEK 1. DISCUSSION QUESTIONS CURRENTLY LATE FOR TURN IN. NEED TO BE COMPLETED IMMEDIATELY!!!!!!! ASSIGNMENT IS DUE OCT 27.
Discussions
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Assignment
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Globalization
Globalization refers to the increasing integration of national and regional markets and economies and the domination of the world economy by massive multinational firms. It has affected nearly every organization, and industry, in the competitive marketplace today.
In a two to three page research paper in APA style, detail the following in relation to the changing nature of global competitiveness:
· Define and explain the concept of globalization.
· Compare and contrast the growth of globalization over the past thirty years, in general, and then specifically for one industry of your choice. For instance, you may present the growth of imports and exports over the past thirty years, and then detail the impact globalization has had on United States toy manufacturers.
· Finally, evaluate how globalization has altered the competitive landscape. In particular, elaborate on how a globalized marketplace affects the profitability and productivity of an organization and an industry.
Note that some of the information related to this project may not be readily available in course materials, requiring you to research contemporary management trends in the public sector. At least two outside scholarly resources are required, including a minimum of one from the Ashford Online Library.
Carefully review the Grading Rubric for the criteria that will be used to evaluate your assignment.
WEEK 2. DISCUSSION DUE OCT 29 AND ASSIGNMENT IS DUE NOV 2!!!!!!!!!!!
Discussions
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Assignment
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Comparative Advantage
International economics is dominated by the idea of comparative advantage – that different endowments and activities in different countries make them relatively more or less efficient at different economic activities. In other words, countries (and organizations) should specialize in the economic activities where they have a competitive edge against the competition.
In a two to three page research paper in APA style, elaborate on the concept of comparative advantage and how this concept is the determining factor in the long-term stability of a country and profitability of an organization. In particular, research and determine the following:
· Define and explain the concept of comparative advantage.
· Select any country that interests you. Then, determine one product or service where the country has a comparative advantage and one where they have a comparative disadvantage. Discuss the factors within the country that created this comparative advantage, and also the factors that contributed to their comparative disadvantage.
· Finally, where the country has a comparative advantage, detail the strategy the country should adapt to maintain this advantage for the next five years. Importantly, comparative advantages fade rapidly and countries (and organizations) should constantly strive to maintain and expand their existing comparative advantages.
Note that some of the information related to this project may not be readily available in course materials, requiring you to research contemporary management trends in the public sector. At least two outside scholarly resources are required, including a minimum of one from the Ashford Online Library.
Carefully review the Grading Rubric for the criteria that will be used to evaluate your assignmen
WEEK 3. DISCUSSION QUESTIONS DUE NOV 5 AND ASSIGNMENT IS DUE 9 NOV!!!!!
Discussions
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Assignment
To complete the following assignment, go to this week’s Assignment link in the left navigation.
Foreign Markets
Once a strategic focus is decided, the selection of the means of transferring a company’s competitive advantage becomes an essential choice – does a multinational company use licensing, exports, wholly-owned subsidiaries, joint venture, direct investment, partnership, or alliance to enter new markets? Or, could it be a mix of all these?
In a two to three page research paper in APA style, compare and contrast when it would be advantageous, and disadvantageous, to enter a foreign market under the methods listed above (licenses, exports, etc.). Be sure to:
· Define and explain each method.
· Detail when it would be advantageous, and disadvantageous, to utilize each of the methods.
· Offer an example of a multinational company who utilizes each method and explain if you believe it is the most or least appropriate method to utilize for that company given their product or service.
Note that some of the information related to this project may not be readily available in course materials, requiring you to research contemporary management trends in the public sector. At least two outside scholarly resources are required, including a minimum of one from the Ashford Online Library.
Carefully review the Grading Rubric for the criteria that will be used to evaluate your assignment.
WEEK 4. DISCUSSION QUESTION DUE NOV 12 AND EXAM DUE NOV 16
Discussions
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Program Comprehensive Exam
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Complete the comprehensive exam, which will take approximately two hours and will be graded based on your score. The full instructions for the exam are posted in the classroom.
WEEK 5. DISCUSSION QUESTIONS DUE NOV 19 FINAL PAPER DUE NOV 23
Discussions
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Final Paper
To complete the following assignment, go to this week’s Final Paper link in the left navigation.
Focus of the Final Paper
The globalization, or internationalization, of the marketplace has become one of the defining events of our time. The pressure to produce a good or service while controlling costs and maintaining quality has profoundly affected the manufacture, distribution, and sale of a good or service.
In your final project, assume you are a high-level manager of a company that produces a good or service solely in the United States. You strongly believe there is a profitable market for your company’s good or service beyond the United States and have requested the board of director consider broadening production and distribution into foreign countries. This would transform your organization into a multinational company.
The board has requested that you develop a strategic plan that creates, exploits, and sustains the company’s resources and capabilities within the globally competitive international marketplace. The strategic plan should be designed to offer a systematic, step-by-step method to bring understanding to what often seems a chaotic situation and to offer a reasoned approach to deciding on a path to sustained advantage.
The course textbook provides an outline of a detailed strategic plan applicable to a multinational company. You may utilize this approach or may create/modify a strategic plan that better addresses your particular need or requirement. At a minimum, though, your strategic plan should address the following:
· First, the mission and goal of your organization. The mission should detail the product or service that you want to produce and distribute internationally. Feel free to choose any product or service that you desire (lawn mower, kite, pesticide, clothing, etc.). You will use that product or service throughout your strategic plan.
· Second, perform an environmental analysis. This important step of a strategic plan requires the identification of the resources or capabilities of the firm as well as the external competitive and contextual environment of the firm. Your plan should briefly provide the scale and impact of globalization both within your industry and the economic landscape.
· Third, determine your organization’s international competitive advantage. In other words, what your organization would do better than any other competitor in the marketplace. In general, a competitive advantage occurs when an organization can provide increased value to its customers whether through low prices or through improved products. They, therefore, can attain or surpass their competitors in the marketplace.
· Fourth, propose the preferred method to enter the international marketplace. Alternatives may include licenses, alliances, wholly-owned subsidiaries, joint ventures, and partnerships. Explain your rationale.
· Fifth, execute/implement the strategic plan. This step typically includes the control, coordination and communication needed to implement the strategy, along with a brief discussion on any contingency plans if the goals and objectives are not obtained in a reasonable timeframe. Remember that a good plan makes a solid base for the organization’s strategy, but offers flexibility in execution to allow non-viable plans to be dropped and emerging opportunities pursued.
Note that some of the information related to this project may not be readily available in course materials, requiring you to research contemporary management trends in the public sector. At least five outside scholarly resources are required, including a minimum of two from the Ashford Online Library.
Writing the Final Paper
The Final Paper:
1. Must be eight to ten double-spaced pages in length, and formatted according to APA style as outlined in the Ashford Writing Center.
2. Must include a title page with the following:
a. Title of paper
b. Student’s name
c. Course name and number
d. Instructor’s name
e. Date submitted
3. Must begin with an introductory paragraph that has a succinct thesis statement.
4. Must address the topic of the paper with critical thought.
5. Must end with a conclusion that reaffirms your thesis.
6. Must use at least five scholarly sources, including a minimum of two from the Ashford Online Library.
7. Must document all sources in APA style, as outlined in the Ashford Writing Center.
8. Must include a separate reference page, formatted according to APA style as outlined in the Ashford Writing Center.
Carefully review the Grading Rubric for the criteria that will be used to evaluate your assignmen
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