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
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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
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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
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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
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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
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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
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