Benefits and Challenges in Global Business

Description

This project will help you to achieve the following learning outcomes:

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Describe challenges facing businesses in international environments.
Explain risks inherent in global business and how those influence global business operations.
Recognize the legal and ethical issues in global sourcing and procurement.
Explain the sustainability-related benefits and risks in global business operations.
Point Value: 100 points
Min. Required Score:80%
Allowed Attempts: 2
Grading Time: 3 days
Directions

The objective of Project Part II is to analyze the benefits and challenges in global business using the selected product in Project Part I. This part will extend the findings, which determined whether or not manufacturing of this product should be brought back to the United States. In this project you will compare two countries, the United States and the current country of manufacture, as you describe the benefits and challenges of outsourcing and re-shoring. You will also discuss the risks in global business and analyze the legal, ethical, and sustainability issues in global sourcing and procurement.

Requirements

The project consists of a written analysis of at least 10 pages prepared for an executive. The report will include a comprehensive analysis of the domestic and foreign manufacturing options for the product. The analysis will be supported by tables, charts, or graphs generated based on the appropriate data sources.
Steps to Complete Project Part II

Students continue analyzing the case of a product introduced in Project Part I. Please follow the following steps in completing this assignment:

Using the selected product, describe challenges and risks facing business in a foreign environment and explain how they influence global operations. Include the following factors:
Political stability
Economic stability
Cultural differences
Infrastructure
Attitude toward international business
Discuss legal and ethical issues in sourcing and procurement in the country where the product is currently manufactured. Include the following factors:
Overall business climate
Transparency (http://www.transparency.org/research/cpi/overview) (Links to an external site.)
Intellectual property protection
Labor and environmental standards
Local government role
Discuss the benefits and risks related to sustainability using the product selected for this project.
Conclude the analysis with a section providing the executive with a succinct summary of key benefits and challenges in global business using the re-shoring framework. This analysis will provide support for the recommendation of whether the product is a good candidate for re-shoring.
Format

10-page, double-spaced
12-point, Times New Roman font
1” margins
Evaluation

A rubric for this assignment is located below the instructions.
SUBMISSION

You are encouraged to submit assessments as you complete them. Feedback provided by your instructor is often helpful as you complete future assessments. Please know, if you choose to submit multiple assessments at the same time, you may experience a delay in grading turnaround time.

Rubric
Project: Part II – Benefits and Challenges in Global Business Rubric
Project: Part II – Benefits and Challenges in Global Business Rubric
Criteria Ratings Pts
This criterion is linked to a Learning OutcomeDescribed challenges and risks facing business in a foreign environment
20.0 pts
Completely Meets Expectations
Comprehensively discussed 5 areas of challenges and risks.
17.0 pts
Partially Meets Expectations
Comprehensivelydiscussedat least 4 areas of challenges and risks OR partially discussed the 5 areas ofchallenges and risks.
15.0 pts
Does Not Meet Expectations
Minimally discussed fewer than 4 areas of challenges and risks.
20.0 pts
This criterion is linked to a Learning OutcomeExplained how challenges and risks facing business in a foreign environment influence global operations
20.0 pts
Completely Meets Expectations
Comprehensively discussed the impact of 5 areas of challenges and risks on global operations.
17.0 pts
Partially Meets Expectations
Comprehensivelydiscussed the impact of 4 areas of challenges and risks on global operations OR partially discussed the impact of 5 areas of challenges and risks on global operations.
15.0 pts
Does Not Meet Expectations
Minimally discussed the impact of fewer than 4 areas of challenges and risks on global operations.
20.0 pts
This criterion is linked to a Learning OutcomeDiscussed legal and ethical issues in sourcing and procurement in the country where the product is currently manufactured
20.0 pts
Completely Meets Expectations
Comprehensively discussed the legal and ethical issues in the 5 areas.
17.0 pts
Partially Meets Expectations
Comprehensively discussed the legal and ethical issues in 4 areas OR partially discussed the legal and ethical issues in the 5 areas.
15.0 pts
Does Not Meet Expectations
Minimally discussed the legal and ethical issues in fewer than 4 areas.
20.0 pts
This criterion is linked to a Learning OutcomeDiscussed the risks and benefits related to sustainability
20.0 pts
Completely Meets Expectations
Comprehensively discussed the risks and benefits related to sustainability.
17.0 pts
Partially Meets Expectations
Partially discussed the risks and benefits related to sustainability.
15.0 pts
Does Not Meet Expectations
Minimal or no discussion about the risks and benefits related to sustainability.
20.0 pts
This criterion is linked to a Learning OutcomeProvided a summary of key benefits and challenges in global business
20.0 pts
Completely Meets Expectations
Provided a detailed summary of key benefits and challenges in global business.
17.0 pts
Partially Meets Expectations
Provided a satisfactory summary of key benefits and challenges in global business.
15.0 pts
Does Not Meet Expectations
Provided a superficial of key benefits and challenges in global business or no summary at all.
20.0 pts. For more information on Benefits and Challenges in Global Business  check this;https://www.google.com/search?q=Benefits+and+Challenges+in+Global+Business&rlz=1C1CHBD_enKE894KE894&oq=Benefits+and+Challenges+in+Global+Business&aqs=chrome..69i57j33i22i29i30l7.4075j0j4&sourceid=chrome&ie=UTF-8

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