MGT370 WEEK 2 ASSIGNMENTS

MGT370 WEEK 2 ASSIGNMENTS

Text

David, P. A. (2021). International logistics: The management of international trade operations (6th ed.). Cicero Books.

Chapter 5: International Contracts

Chapter 6: Terms of Trade or Incoterms® Rules

Chapter 7: Terms of Payment

Chapter 10: International Insurance

DISCUSSION 1

Prior to beginning work on this discussion forum, read Chapter 6: Terms of Trade or Incoterms® Rules assigned this week.

The Incoterms® 2020 rules include 11 trading terms created by the International Chamber of Commerce (ICC). In 200 to 300 words, describe one Incoterms® 2020 rule of your choice, and explain whether it is more exporter-friendly or importer-friendly depending on the amount of financial exposure and responsibility for the shipment. Then, respond to at least two of your classmates’ posts.

DISCUSSION 2

Prior to beginning work on this discussion forum, read Chapter 7: Terms of Payment assigned this week.

The text describes problems that exporters may have with letters of credit. Since letters of credit transactions are document-based, the slightest discrepancies between documents can snag a transaction. In 200 to 300 words, describe how an organization can mitigate one risk in writing a letter of credit. Be sure to return to the forum later this week to strike up a conversation with your classmates.

PAPER

Entering a Foreign Market Through Exports: A Rough Draft of

[WLOs: 1, 2, 3] [CLOs: 1, 2, 3]

Prior to beginning work on this assignment, read Chapters 5, 6, 7, and 10 assigned this week. Also, review Chapters 1 through 4 from your Week 1 readings.

Completing this written assignment in Week 2 will assist you in writing your final paper titled Entering a Foreign Market Through Exports, which is due during Week 5 of this course. This rough draft that you create in Week 2 will become a substantial part of your Final Paper. Make sure to incorporate your instructor’s feedback received on your Week 2 paper when you work on your final paper in Week 5.

The goal of this paper is to identify a new country for export of high-tech equipment manufactured by an American company and formulate a successful global supply chain management strategy. While working on this Week 2 assignment, please consider the following scenario:

High-Tech Tools, Inc. is a company based in Otay Mesa, California. Among other high-tech equipment, the company specializes in manufacturing of the hand-held radar speed gun, a device used to measure the speed of moving objects. The radar speed gun is mostly utilized in law enforcement to measure the speed of moving vehicles. It is also often used in professional sport for measuring bowling speeds in cricket, speed of pitched baseballs, and speed of tennis serves. The company has seen a clear trend in the competition’s exportation of similar goods around the world. As the international logistics manager for this company, you have been asked by the chief executive officer (CEO) to help identify a foreign country where High-Tech Tools Inc.’s export sales of radar speed guns may become successful.

Using the readings assigned in Weeks 1 and 2 and additional research, write a proposal to High-Tech Tools, Inc.’s executive team. The proposal will advise the CEO of a potential export country based on the concepts learned and research conducted in the first two weeks of the class. Your proposal should start with a one-page executive summary (see the Writing Center’s Writing an Executive Summary (Links to an external site.)) that provides a concise overview of the key points of your paper. The main points of your paper must address the following:

Present an executive summary that identifies a new export country.

Describe the benefits of exporting hi-tech equipment to the chosen country from the perspective of international trade theories and economic agreements.

Explain any advantages or deficiencies in a transportation, communication, or utilities infrastructure in the selected country that may affect international logistics operations.

Conclude your proposal with an informed regarding exporting to the chosen country based on your presented data.

The purpose of this assignment is to demonstrate an understanding of exporting as one of the entry modes into a foreign market and, thus, designing a successful global supply chain management strategy that executes the exporting plan. Critical thinking is required in order to differentiate between the benefits and challenges of exporting.

Submit your three- to four-page paper (not including the title and references pages) written according to APA Style (Links to an external site.) as shown in the approved style guide. Contextual (level one) headings must be used to organize your paper and your thoughts. The CEO has also asked you to include two scholarly and credible sources, in addition to the textbook, to support your ideas.

The Entering a Foreign Market Through Exports: A Rough Draft of Final Paper

Must include a separate title page with the following:

Title of paper in bold font

Space should be between title and the rest of the information on the title page.

Student’s name

Name of institution (University)

Course name and number

Instructor’s name

Due date

Must utilize academic voice. See the Academic Voice (Links to an external site.) resource for additional guidance.

Must start with a one-page executive summary and include a conclusion paragraph in the end of the paper that highlights the significance of your proposal.

For assistance, see the Writing Center’s Introductions & Conclusions (Links to an external site.) as well as Writing an Executive Summary (Links to an external site.).

Must use at least two scholarly and credible sources, in addition to the course text.

The Scholarly, Peer-Reviewed, and Other Credible Sources (Links to an external site.) table offers additional guidance on appropriate source types. If you have questions about whether a specific source is appropriate for this assignment, please contact your instructor. Your instructor has the final say about the appropriateness of a specific source for your assignment.

To assist you in completing the research required for this assignment, view this Quick and Easy Library Research (Links to an external site.) tutorial, which introduces the UAGC University Library and the research process, and provides some library search tips.

Must document any information used from sources in APA Style as outlined in the Writing Center’s APA: Citing Within Your Paper (Links to an external site.) guide.

Carefully review the Grading Rubric (Links to an external site.) for the criteria that will be used to evaluate your assignment.

RUBRIC

Total Possible Score: 9.50

Presents an Executive Summary Identifying a New Export Country

Total: 1.50

Distinguished – Presents a thorough executive summary identifying a new export country.

Proficient – Presents an executive summary identifying a new export country. Minor details are missing.

Basic – Presents a limited executive summary identifying a new export country. Relevant details are missing.

Below Expectations – Attempts to present an identifying a new export country; however significant details are missing.

Non-Performance – The executive summary identifying a new export country is either nonexistent or lacks the components described in the assignment instructions.

Describes the Benefits of Exporting Hi-Tech Equipment to the Chosen Country From the Perspective of International Trade Theories and Economic Agreements

Total: 1.00

Distinguished – Thoroughly describes the benefits of exporting hi-tech equipment to the chosen country from the perspective of international trade theories and economic agreements.

Proficient – Describes the benefits of exporting hi-tech equipment to the chosen country from the perspective of international trade theories and economic agreements. Minor details are missing.

Basic – Minimally describes the benefits of exporting hi-tech equipment to the chosen country from the perspective of international trade theories and economic agreements. Relevant details are missing.

Below Expectations – Attempts to describe the benefits of exporting hi-tech equipment to the chosen country from the perspective of international trade theories and economic agreements; however, significant details are missing.

Non-Performance – The description of the benefits of exporting hi-tech equipment to the chosen country from the perspective of international trade theories and economic agreements is either nonexistent or lacks the components described in the assignment instructions.

Explains Any Advantages or Deficiencies in a Transportation, Communication, or Utilities Infrastructure in the Selected Country That May Affect International Logistics Operations

Total: 1.00

Distinguished – Thoroughly explains any advantages or deficiencies in a transportation, communication, or utilities infrastructure in the selected country that may affect international logistics operations.

Proficient – Explains any advantages or deficiencies in a transportation, communication, or utilities infrastructure in the selected country that may affect international logistics operations. The explanation is slightly underdeveloped.

Basic – Minimally explains any advantages or deficiencies in a transportation, communication, or utilities infrastructure in the selected country that may affect international logistics operations. The explanation is underdeveloped.

Below Expectations – Attempts to explain any advantages or deficiencies in a transportation, communication, or utilities infrastructure in the selected country that may affect international logistics operations; however, the explanation is significantly underdeveloped.

Non-Performance – The explanation of any advantages or deficiencies in a transportation, communication, or utilities infrastructure in the selected country that may affect international logistics operations is either nonexistent or lacks the components described in the assignment instructions.

Concludes the Proposal With an Informed Decision Regarding Exporting to the Chosen Country Based on the Presented Data

Total: 1.50

Distinguished – Concludes the proposal with a thorough, informed decision regarding exporting to the chosen country based on the presented data.

Proficient – Concludes the proposal with an informed decision regarding exporting to the chosen country based on the presented data. Minor details are missing.

Basic – Concludes the proposal with a limited decision regarding exporting to the chosen country based on the presented data. Relevant details are missing.

Below Expectations – Attempts to conclude the proposal with an informed decision regarding exporting to the chosen country based on the presented data; however, significant details are missing. 

Non-Performance – The conclusion of the proposal with an informed decision regarding exporting to the chosen country based on the presented data is either nonexistent or lacks the components described in the assignment instructions.

Critical Thinking: Explanation of Issues

Total: 1.00

Distinguished – Clearly and comprehensively explains the issue to be considered, delivering all relevant information necessary for a full understanding.

Proficient – Clearly explains the issue to be considered, delivering enough relevant information for an adequate understanding.

Basic – Briefly explains the issue to be considered, delivering minimal information for a basic understanding.

Below Expectations – Briefly explains the issue to be considered, but may not deliver additional information necessary for a basic understanding.

Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions. 

Critical Thinking: Evidence

Total: 1.00

Distinguished – Employs persuasive and applicable information from credible sources to develop an ample analysis or synthesis of the topic. Viewpoints of experts are scrutinized thoroughly.

Proficient – Employs applicable information from credible sources to develop an analysis of the topic.

Basic – Identifies applicable information from credible sources, but may neglect the application of such information toward the analysis of the topic. 

Below Expectations – Presents information from external sources, but such information may lack credibility and/or relevance. Neglects to apply such information toward the analysis of the topic.

Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.

Written Communication: Control of Syntax and Mechanics

Total: 0.50

Distinguished – Displays meticulous comprehension and organization of syntax and mechanics, such as spelling and grammar. Written work contains no errors and is very easy to understand.

Proficient – Displays comprehension and organization of syntax and mechanics, such as spelling and grammar. Written work contains only a few minor errors and is mostly easy to understand.

Basic – Displays basic comprehension of syntax and mechanics, such as spelling and grammar. Written work contains a few errors which may slightly distract the reader.

Below Expectations – Fails to display basic comprehension of syntax or mechanics, such as spelling and grammar. Written work contains major errors which distract the reader.

Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.

Written Communication: APA Formatting

Total: 0.50

Distinguished – Accurately uses APA formatting consistently throughout the paper, title page, and reference page.

Proficient – Exhibits APA formatting throughout the paper. However, layout contains a few minor errors. 

Basic – Exhibits limited knowledge of APA formatting throughout the paper. However, layout does not meet all APA requirements. 

Below Expectations – Fails to exhibit basic knowledge of APA formatting. There are frequent errors, making the layout difficult to distinguish as APA.

Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.

Written Communication: Resource Requirement

Total: 1.00

Distinguished – Uses more than the required number of scholarly sources, providing compelling evidence to support ideas. All sources on the reference page are used and cited correctly within the body of the assignment.

Proficient – Uses the required number of scholarly sources to support ideas. All sources on the reference page are used and cited correctly within the body of the assignment.

Basic – Uses less than the required number of sources to support ideas. Some sources may not be scholarly. Most sources on the reference page are used within the body of the assignment. Citations may not be formatted correctly.

Below Expectations – Uses an inadequate number of sources that provide little or no support for ideas. Sources used may not be scholarly. Most sources on the reference page are not used within the body of the assignment. Citations are not formatted correctly.

Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.

Written Communication: Page Requirement

Total: 0.50

Distinguished – The length of the paper is equivalent to the required number of correctly formatted pages. 

Proficient – The length of the paper is nearly equivalent to the required number of correctly formatted pages. 

Basic – The length of the paper is equivalent to at least three quarters of the required number of correctly formatted pages.

Below Expectations – The length of the paper is equivalent to at least one half of the required number of correctly formatted pages.   

Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.