Assignment # 3: Country Plan Part 2 Instructions Assignment #3 COUNTRY PROJECT PAPER 2: MARKET SUCCESS AND ENTRY STRATEGY – (25% of the final grade) You will write your second paper in five parts as a narrative (not outline) in which you build on the analysis you completed in your first paper and use your critical thinking skills to analyze the factors that will affect your success (positively and negatively) and determine your market-entry strategy. Do not include paper 1 in paper 2. Your paper should be seven to twelve pages, but you will not be penalized if your paper is a few pages longer. You will be penalized 11% if shorter than 7 pages. You must use the headings below for your headings and if not penalized 5pts. This paper consists of five Parts Part 1 Introduction – Must be a heading in the paper A statement of the purpose is provided; the introduction includes a comprehensive summary of what will be explored and discussed. Part 2: Market Entry Analysis – must be a heading in paper Discuss how the following country variables could affect the success of your business in your chosen country: Each country variable listed below must be a heading in the paper. market differentiation – Must discuss three issues such as the potential to make money, selling the product etc. Then discuss the advantages and disadvantages of the 3 issues and the effects they each might have on the success of the business. The advantages and disadvantages discussion must be in same area of discussion of each separate issue. Must provide specific examples to support any assertions and conclusions. Research is the key. General comments will not work. resources – Must discuss three issues such as educated or uneducated laborers, professional services, raw materials. Then discuss the advantages and disadvantages of the 3 issues and the effects they each might have on the success of the business. The advantages and disadvantages discussion must be in same area of discussion of each separate issue. Must provide specific examples to support any assertions and conclusions. Research is the key. General comments will not work. regulations and procedures – Must discuss three issues such as government red tape, duties, taxes. Then discuss the advantages and disadvantages of the 3 issues and the effects they each might have on the success of the business. The advantages and disadvantages discussion must be in same area of discussion of each separate issue. Must provide specific examples to support any assertions and conclusions. Research is the key. General comments will not work. possible risks – Must discuss three issues such as financial, safety, competitive. Then discuss the advantages and disadvantages of the 3 issues and the effects they each might have on the success of the business. The advantages and disadvantages discussion must be in same area of discussion of each separate issue. Must provide specific examples to support any assertions and conclusions. Research is the key. General comments will not work. Part 3 Market Strategy Analysis, part 1 – must be a heading in paper List, discuss, and analyze three specific strategies your company could pursue for the following [pick 3 from the list below]: Each strategy must be heading in the paper. Discuss just 3 topics below not all of them. direct investment joint ventures licensing franchising exporting turnkey projects management contracts For each of the three strategies you choose, discuss how each strategy could be an advantage or disadvantage for the success of your business. Use the names of the three strategies you chose as major headings for this part of your paper. Make sure your critical analytic perspectives are interwoven with references to the country variables discussed in part 1, and that logical conclusions could be deduced from your writing. Is the discussion logically synchronized? This is the most important aspect of this part of your paper. Part 4 Market Strategy Analysis, part 2 – must be a heading in paper Identify, select, and analyze the best strategy of the three you chose, and explain why it is the best strategy for your company. You will need to engage in a comparative analysis using the advantages/disadvantages approach to demonstrate why your recommended strategy is the best one for the company. Be sure you read and understand the grading rubric for paper 2 to ensure that you meet all criteria. Part 5: Market Entry Implementation Strategy – must be a heading in the paper Explain how you would implement the strategy you have recommended for the company. What substantive, specific steps should the company take to implement the strategy? If, for example, you have recommended an export strategy, list and elaborate on your strategic initiatives, considering variables such as various forms of exporting, logistical considerations, government policies, marketing and distribution concerns, the export process, and export intermediaries. Be sure you read and understand the grading rubric for paper 2 to ensure that you meet all criteria. Documentation and Formatting All of your written assignments (including citations and references) must conform to the standards of formatting and documentation found in the current edition of the Publication Manual of the American Psychological Association (APA). With my permission, you may use another style manual, such as A Manual for Writers of Research Papers, Theses, and Dissertations by Kate L. Turabian, or the MLA (Modern Language Association) Handbook for Writers of Research Papers by Joseph Garibaldi. Information on the use of these and other style guides is available in chapter 5 of UMUC’s Online Guide to Writing and Research(https://www.umuc.edu/writingcenter/onlineguide/) and on the Information and Library Services (http://www.umuc.edu/library/index.cfm) web page. At a minimum, each of your papers must Be specific about how each country variable relates to your business, and discuss the relevance of all the information in your paper to the startup of your business in the country you chose. Do not include any information in the paper unless you are also including an explanation of its relevance to your business. Giving me the country’s history, for example, without indicating its relevance to your business is merely providing filler for the paper. To help in the grading process, use the country variables as headings. Use at least eight sources (other than the Daniels text) to support your discussion and analysis. Remember that, although the minimum length of an acceptable paper is 6 pages, past experience indicates that one cannot do an adequate job of covering all of the required discussion in so few pages. Read and follow the grading rubric to ensure that you meet all criteria be typed and double-spaced in 12-point Times New Roman font, with margins no wider than one inch be paginated, and have no headers or footers other than page numbers be prepared in a word processing program (you may submit assignments only in Microsoft Word or Rich Text Format; you may not submit them in PDF or DOCM format) contain a cover page with your name, the course name and number, and the title of your project Do not include pictures, graphs, or lists in the body of the paper; if you need these to support your facts, place them at the end of your paper as an addendum, referenced in the body of your paper; they will not count toward the length of your paper be written in narrative form, not outline (no bullets at all) Footnotes of facts are mandatory. Only author name and page number in body of paper for example (Smith, pg. 44). Full footnotes will be at end of paper not at the end of each page. Bibliography is mandatory and will include all sources used, which should include, for each entry, the author, title, city and state of publisher, publisher’s name, year, and page number. You may NOT cite Wikipedia or any Wiki… as a source in the papers. Paper may be reformatted if not in compliance with formatting rules discussed above to determine true length of paper. The grading rubric for this assignment appears below, if you opened the Assignment in the Assignment Folder, or can be opened by clicking on the ‘Country Plan Part 2 Rubric’ tab in the lower right corner of the screen, if you opened the Assignment in Content. Start Date Jan 1, 2017 9:25 PM Due Date Mar 5, 2017 11:55 PM Hide Rubrics Rubric Name: Country Plan Part 2 Rubric Criteria Meets expectations Minimally meets expectations Does not meet expectations Introduction 10 points A clear statement of purpose is provided; the introduction includes a comprehensive summary of what will be explored and discussed. 6.5 points The paper includes either a clear statement of purpose or a comprehensive summary of what will be explored and discussed. 0 points The statement of purpose is missing or unclear; there is no discussion of what will be explored and discussed in the paper. Market Entry analysis 20 points The paper provides a comprehensive discussion of 3 issues for each of the following market variables [market size, resources, regulations and procedures and possible risks] and a comprehensive discussion of the advantages and disadvantages of each of these issues and their possible effects each could have on the success of the business. 13.5 points The paper provides a discussion of only 2 issues for each of the of the market variables [market size, resources, regulations and procedures and possible risks] that could affect the success of the business in the chosen country. There is a weak discussion of the advantages and disadvantages of these issues and the effects each could have on the success of the business. 0 points The paper provides minimal or no discussion of the issues for the market variables [market size, resources, regulations and procedures and possible risks] that could affect the success of the chosen business in the chosen country. The paper provides minimal or no discussion of the advantages and disadvantages of market variables and the effects these issues could have on the success of the business. Market Strategy analysis, part 1 30 points Three specific strategies are listed, discussed, and comprehensively analyzed. There is also a comprehensive discussion of the advantages and disadvantages of these strategies and the possible effects they could have on the success of the business. 20 points 1) Two specific strategies are listed, discussed, and comprehensively analyzed; or 2) three specific strategies are listed, but are not comprehensively analyzed; or 3) there is a weak discussion of the advantages and disadvantages of these strategies’ effects on the success of the business. 0 points Only one specific strategy is stated, discussed, and comprehensively analyzed; or this component is missing. There is little if any discussion of the advantages and disadvantages of this strategy effects it could have on the success of the business. Market Strategy analysis, part 2 10 points A critical analysis of and rationale for the best alternative is provided; this includes all critical perspectives, logically synchronized. 6.5 points An analysis of and rationale for the best alternative is provided, but some of the critical perspectives are missing. 0 points A less than critical analysis of and rationale for the best alternative is provided; this includes all critical perspectives, logically synchronized. Market Entry Implementation strategy 20 points The paper has a comprehensive discussion of the specific, substantive steps that should be taken to implement the recommended strategy. 13.5 points There is some discussion of the steps that should be taken to implement the recommended strategy is provided. 0 points The paper does not have a comprehensive discussion of the specific, substantive steps that should be taken to implement the recommended strategy. Writing, spelling and grammar 10 points The paper properly footnotes the facts, quotes and paraphrasing in the body of the paper. The paper is free of obvious grammatical and typographical errors. The sentence structure and diction are clear, effective, and diverse. The tone and style are appropriate for the intended audience. 6.5 points The paper properly footnotes most of the facts, quotes and paraphrasing in the bofy of the paper. There are noticeable proofreading and/or grammatical errors, but the errors do not significantly detract from the readability of the paper. Sentence structure may be rigid and unvaried. The tone and style are appropriate for the intended audience. 0 points The paper fails to properly footnote the facts, quotes and paraphrasing in the bofy of the paper. There are significant proofreading and/or grammatical errors which detract from the readability of the paper. There are major problems in sentence structure. The tone and style are not appropriate for the intended audience. Overall Score Level 3 85 or more Level 2 70 or more Level 1 0 or more Attached is Part 1 of the Assignment so you can have an idea on what to write about