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analyse what law is and the role law plays in doing business internationally

Chosen Country is Italy
ASSESSMENT 3 BRIEF
Subject Code and Title MGT608 Business Law and International Contexts
Assessment Board Paper
Individual/Group Group (2 or more)
Length 5 minute presentation
Learning Outcomes This assessment addresses the following Subject Learning
Outcomes
a) Critically analyse what law is and the role law plays in doing business internationally
c) Critically evaluate the multiplicity of laws and the conflicts they may present when doing business internationally
d) Construct and justify recommendations to management on specific legal implications of doing business
Submission By 11:55pm AEST/AEDT Friday of module 6.2 (Week 12)
Weighting 20%
Total Marks 20 marks
Context
Doing business in another country will require an Australian company to ensure it complies with any relevant domestic laws in place in that country. In some cases, it may be difficult, to determine what the applicable law is i.e. a conflict a law may arise.
It will be necessary for the company to select a suitable business structure in order to conduct its business operations. This assessment builds on Assessments 1 and 2 where students chose a country and researched the legal system and contract law. This assessment allows students to consider the most appropriate business structure for doing business in the chosen country and to consider the relevant employment and intellectual property laws that must be complied with. Relevant international treaties will also need to be considered.
Successful completion of this assessment will require students to work in a group of two (2) or more to reflect upon and justify a decision to their company’s Board of Directors, whether to proceed with business operations in the chosen country or not.
Instructions
Your learning facilitator will allocate you to a group and advise you of the students you are working with. Your group will consist of students who have all researched the same chosen country.
Your group will prepare a 5-minute presentation for the Board of Directors regarding one (1) of the business opportunities identified by students in Assessment 2. You must decide as a group what business opportunity you are going to focus on.
Your presentation must be no more than five (5) minutes in length and all members of the group must be included in the presentation. Your groups Board Paper presentation must cover the following:
• state the chosen country
• explain briefly the nature of business of the company and the business opportunity
• describe and explain the business structure that would be most suitable to conduct the relevant business in the chosen country
• identify and explain any treaties or international conventions that are relevant to doing business in the chosen country
• identify any intellectual property that requires protection and analyse the options for best protecting this property in the chosen country
• explain how the company will resource this business opportunity, in terms of labour, including an analysis of the labour laws and the industrial relations system operating in the chosen country
• identify any potential for conflict of laws arising from the business opportunity and an explanation of the nature of such conflict and how such a conflict may be resolved
• identify and discuss any potential difficulties that may arise in relation to doing business in the chosen country
• provide a recommendation, together with justifications as to whether the company should proceed with the business opportunity.
Submission Instructions:
(1) Creating your video presentation
• Create a short video presentation, length: 5 minutes o Be specific and clear, as you will be assessed on originality and authenticity
• Tips on filming a video presentation is available at: https://laureateau.blackboard.com/bbcswebdav/pid-3310931-dt-content-rid-
82324_1/institution/Groupwide/Submit%20Video%20Online%20Part%201%20Filming%20v
2.pdf
• Your presentation must be in video format (mp4, MOV, etc.) for uploading into Blackboard (refer to the link below)
(2) Uploading your video presentation
• Detailed instructions on compressing (if necessary) and uploading video presentation is available at https://laureateau.blackboard.com/webapps/blackboard/content/listContent.jsp?course_id=_4044_1&cont ent_id=_387629_1&mode=reset
• Submit the recorded video via the Assessment 3 Board Paper submission link in the main navigation menu in MGT608 Business Law and International Contexts.
• After uploading your video presentation, retain a copy in a safe place.
• The Learning Facilitator will provide feedback via the Grade Centre in the LMS portal.
• Feedback can be viewed in My Grades.
Marking Rubric:
Your reports will be marked against the rubric, which is shown on the next pages. Please ensure that your submission addresses all three of the Assessment Attributes in the rubric.
Assessment Rubric: MGT608 Assessment 3 Board Paper
Assessment Attributes Fail (Unacceptable) 0-49% Pass
(Functional) 50-64% Credit
(Proficient)
65-74% Distinction
(Advanced)
75 -84% High Distinction
(Exceptional) 85-100%
Global Perspective
Percentage for this criterion
30% Limited knowledge, skill and/or experience in global perspectives Identifies objectives and strategies of international business in the context of global competition.
Identifies appropriate elements of the legal principles in the country as applicable to business transactions. Analyses impact of entering new international markets.
Analyses market segmentation in attractive international markets.
Identifies appropriate elements of the legal principles in the country as applicable to business transactions. Identifies cultural differences; international trade policies and institutions.
Notes legalities surrounding direct investment.
Identifies appropriate elements of the legal principles of the country as applicable to business transactions. Introduces clear global perspectives into the analysis.
Recommends
international commercial and legal arrangements.
Is sensitive to regional economic integration.
Identifies current international business trends and developments.
Application of Knowledge
Percentage for this criterion
30% Limited understanding of the internal and external business environment.
Lacks a global perspective for potential markets and trends.
Uses a limited range of information as the basis Understands the internal and external business environment including commercial context and market forces.
Understands local and global market trends.
Accesses relevant information.
Synthesises and Understands the impact of financial, social, political, environmental issues on the business.
Demonstrates commercial awareness of product development/service provision.
Understands the business. Understands the impact of financial, social,
political, legal and environmental issues on the business, as they relate to different countries where the business may operate.
Demonstrates commercial awareness of product development/service Demonstrates cultural sensitivity. Understands the impact of financial, social, political, legal and environmental issues on the business, as they relate to different countries where the business may operate.
Demonstrates commercial fluency with product
for recommended practice. evaluates information from a variety of sources.
Gathers and uses competitor knowledge Can prepare and present business cases and proposals. provision and cost relationships.
Understands the business and its risks.
Can prepare and present business cases and proposals development/service provision and cost relationships.
Understands the business and its risks.
Assesses the impact of information and communication systems on the operations of the business.
Demonstrates currency with legal implications of entering a foreign market place for businesses.
Knowledge and skills demonstrating
Creativity and
Initiative
Percentage for this criterion
20% Limited understanding of required concepts and knowledge.
Key components of the assignment are not all addressed. Demonstrated knowledge or understanding of the field of law.
Key components of the brief are addressed.
Often conflates/confuses assertion or personal opinion with information substantiated by evidence from the research/course materials. Thorough knowledge or understanding of the field of law.
Supports personal opinion and information substantiated by evidence from research.
Explores the limits and strengths of current knowledge.
Demonstrates capacity to explain and apply relevant concepts Highly developed understanding of the field of law.
Discriminates between assertion of personal opinion and information substantiated by robust evidence from research and extended reading.
Evaluates the limits & strengths of current knowledge. A sophisticated understanding of the field of law.
Systematically and critically discriminates between assertion of personal opinion and information substantiated from research and extended reading.
Extends the limits and
strengths of current knowledge
Well demonstrated capacity to explain and apply relevant concepts. Masters concepts and application to new situation and further learning.
Effective
Communication
Percentage for this criterion
20% Difficult to understand for audience, no logical/clear structure, poor flow of ideas, argument lacks supporting evidence.
No effort is made to keep audience engaged; audience follow the line of reasoning. Information, arguments and evidence are presented in a way is not always clear and logical.
Attempts are made to keep the audience engaged, but not always successful. Line of reasoning is often difficult to follow. Information, arguments and evidence are well presented, mostly clear flow of ideas and arguments.
The audience is mostly engaged, line of reasoning is easy to follow. Information, arguments and evidence are very well presented; the presentation is logical, clear and well supported by evidence.
Engages the audience, demonstrates cultural sensitivity. Expertly presented; the presented is logical, persuasive, and well supported by evidence, demonstrating a clear flow of ideas and arguments.
Engages and sustains audience’s attention in the topic, demonstrates high levels of cultural sensitivity

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Case Study, “Expanding Internationally at Suds Microbrewery

Assignment: Case Study Read the case study, “Expanding Internationally at Suds Microbrewery,” on page 354 in Strategic Compensation, (10th ed.) Prepare a 4- to 6-page case analysis on the case study “Expanding Internationally at Suds Microbrewery” on page 354 in Strategic Compensation, 10th edition on the topic of global compensation strategy and why they are critical to the success of an organization in meeting its goals and mission. In your analysis, respond to the following question: What is the competitive global compensation strategy of the organizations and why is it critical to the success of an organization in meeting its goals and mission? Your analysis of this case and your written submission should reflect an understanding of the critical issues of the case, integrating the material covered in the text, and present concise and well-reasoned justifications for the stance you take. Case analysis criteria: Your case analysis should consist of: A brief analysis of the situation and pending decision problem, as presented in the case and as relevant to your answer. This should be exceptionally brief, and you should assume the person reading the assignment is familiar with the details of the case. Identification of the major issues surrounding the organization or individuals involved with the organization. Identification of alternate courses of action to address the issues identified. The decision or recommendation for action, with the appropriate supporting arguments.


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Case Study “Expanding Internationally at Suds Microbrewery”

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Introduction

            Suds Microbrewery is a well-known company for brewing several variations award-winning beers. The company has opened 20 new brewery locations across the United States within a span of 10 years. The first successful chain of Suds Microbrewery was opened in the Midwest. The company quickly expanded successfully into 20 major markets in the United States(Martocchio, 2020). Based on this successes, Ellie Gomes the Director of Human Resources seeks to expand internationally and the company has specifically identified Canada and the United Kingdom. The market research conducted by the company identified Toronto and London as the appropriate locations. Currently, Ellie has embarked on determining the staffing plan for each of the brewer in the identified locations.

            The benefits packages in Canada and United Kingdom is different from that of the United States. Suds Microbrewery currently offer employees similar benefits packages in all the 20 locations across the United States(Martocchio, 2014). It is very imperative for the company to offer competitive benefits package to the local employees based on their local pay rate to make it possible to attract top talent as well as maintain the current workforce. In the United States locations, the company offer standard benefits to all full-time employees.

Among the benefits offered by Suds Microbrewery include company-paid health insurance option, which employees become eligible after working for one-year period with the company. In terms of retirement package, the company offers a 401(k) retirement plan with a match of employee contributions of up to 5 % of an employee’s annual pay(Steinberg, 2009). In addition, the employees of Suds Microbrewery are entitled to six paid vacation days plus seven paid holidays each year. Although these benefits packages are competitive in the United States, it is important for the company establish a benefits package that competitive with the benefits offered by the competitors in the two new locations.

Competitive global compensation strategy            A competitive compensation package is very…………………………………………………………………………………………………

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Identifying and evaluating business opportunities both domestically and internationally.

text reading, focuses on identifying and evaluating business opportunities both domestically and internationally.  Included in the business plan project is the assessment of the business idea and business model canvas assignment.  This assignment will give you an opportunity to apply an assessment process similar to the one in the textbook to your group’s business idea. This will address half of chapter 5.  Now it is on to international opportunity.

The textbook gives great information on what is needed to be considered in assessing global opportunities.  Please read the chapter material carefully.

As stated in chapter 5, there are a number of ways to enter the global market place.  The most common and least risky method is direct exporting.  In fact, the SBA (Frequently asked questions, 2018) reports that small businesses make up 97.6% of all exporting firms and 32.9% of all export value.  The numbers indicate that there is international opportunity for small firms. The Small Business Administration has complete information on exporting (check out the site).  In addition, the National Small Business Association and the Small Business Exporting Association teamed up to produce the 2018 Small Business Exporting Survey.  Please check out the report and share your thoughts and comments.  What did you learn from the survey?  You can also comment on the SBA exporting material if you wish. Do you have any experience with exporting?  If so, share your experiences.


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Identifying and evaluating business opportunities

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Small Business Exporting Survey

            The Small Business Exporting Survey provides invaluable information for small business that wish to go into global business platform. The survey provides critical information about the challenges and opportunities in the international export business (National Small Business Association, 2016). Reading the survey reveals that the major challenge that small business that wish to enter global market place face is payment for their products or services. This creates the thinking that majority of small businesses that engage in global business prefer to deal with their clients directly. Unlike the big companies that have direct foreign contacts, it seems that small businesses rely on direct customer business contact to do business. The major challenge to this is that absence of physical locations in foreign destinations makes it imperative that potential customers make full or use other secure forms of payment in order to get services or products.             What was learnt from the Small Business Exporting Survey is that entering the global market place present challenges and opportunities. The strength of the dollar makes the issues of payment critical for small businesses that enter into global market places. Since a majority of the customers come from emerging markets, strong dollar that is relative to the local currencies of the customer makes it imperative that payment is made upfront. In addition, it is important for one to consider challenges related with regulations and trade agreements in order to take advantage of trade agreements that facilitate entry into global market place. Exporting to other global destinations can be bound by tax and other regulations that govern specific exports such as those that involve military equipment. The knowledge………………………………………………………………………………………………

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