1Higher NationalsAssignment Brief – BTEC (RQF)Higher National Diploma in Business Management Learner NameIDProgramme NamePearson BTEC Higher National Diploma in Business ManagementUnit Number and TitleUnit 43 – Tapping into New and International MarketsCredit Value15Unit Level5Academic Year2020-21CohortJune 20AssessorMohammad IslamAssignment TitleTrading Oversees (Part 1)How to Start Up an Exporting Business (Part 2)Issue Date27 September 2021Submission DeadlineSaturday 04 December 2021 at 23:59 UK TimeIV NameKashif KhanIV Date23/09/2021Statement of Authenticity:I certify that the work submitted for this unit is my own and the research sources are fullyacknowledged.Learner Name: Date: Guideline for Final Submission• The submission must be in the specific format(s) as specified in the assignment briefinstructions.• The assignment should be submitted in a MS Word© format, or equivalent.• The assignment has TWO parts. Please read both parts carefully.• Ideally, you should start writing your assignment as soon as you receive theassignment brief. You are expected to complete Part 1 before Week 6 and obtainformative feedback from your Assessor during teaching week 5vand 6. 2 • It is also recommended, you complete Part 2 before Week 10 and obtain formativefeedback from your lecturer during teaching week 9 and 10.• There will be only one submission link in Turnitin. You are quired to compile Part 1and Part 2 into one Microsoft Word file for submission.• Please access HN Global for additional resources to support and reading for thisunit. For further guidance and support on report writing please refer to the StudySkills Unit on HN Global www.highernationals.comSubmission Format: Part 1The submission is in the form of a written business report. This should be written in a concise,formal business style using 1.5 spacing and font size 12. You are required to make use ofheadings, paragraphs and subsections as appropriate, and all work must be supported withresearch and references using the Harvard referencing system. Please also provide a reference listusing the Harvard referencing system. The recommended word limit is 1,500 to 2,000 words,although you will not be penalised for exceeding the total word limit.Unit Learning OutcomesLO1 Analyse the opportunities and threats for firms exposed to an increasingly globalizedenvironment.LO2 Illustrate the advantages of trading blocs for firms.Assignment Brief and GuidanceScenario and activity:You are working for HSBC as a business advisor on international trade. You have been askedto prepare a report on a chosen country from a given region (Europe, North America,Southeast Asia etc) to analyse the global environment in which SMEs operate. It will examinethe challenges and opportunities for global growth within the specific region and explore theadvantages of trading blocs and trade agreements that relate specifically to the given region.The report should cover the following:1. Introduction to the chosen country and region.2. A critical analysis of the global business environment and the influence of key global driversspecifically in relation to the chosen country.3. Discuss the rationale for SMEs to expand their business internationally.4. Critically analyse the opportunities and challenges for global growth.5. Evaluate a range of trading blocs and agreements and examine the advantages of specifictrading agreements that would have a direct significance for your region and country.6. Critically evaluate how these stimulate and generate global growth. 3 Submission Format: Part 2The submission is in the form of a PDF brochure guide to small businesses. Templates forguides and brochures can be accessed on Microsoft File. You are required to make use ofheadings, paragraphs, subsections and illustrations as appropriate, and all work must besupported with research and references using the Harvard referencing system. Please alsoprovide a reference list using the Harvard referencing system. The recommended wordlimit is 1000–1500 words, although you will not be penalised for exceeding the total wordlimit.Unit Learning OutcomesLO3 Determine the importing and exporting process and the practicalities involved.LO4 Evaluate ways SMEs can tap into international markets.Assignment Brief and GuidanceScenario and activity:In your position as business advisor on international trade for HSBC you are now taskedwith producing a brochure guide on ‘How to Start an Exporting Business’. The guideneeds to provide information and steps on how a business can start up an exportingbusiness and should include:● Advantages and disadvantages of the different types of exporting processes forexporting merchandising and services.● The documentation that is required e.g. letter of credit, packing list, commercial invoice,terms of payment, customs document.● An evaluation of the different methods of tapping into new international markets,including its limitations and benefits.● Justified recommendations on appropriate methods and countries to meet specificbusiness requirements.Learning Outcomes and Assessment CriteriaPassMeritDistinctionLO1 Analyse the opportunities and threats for firmsexposed to an increasingly globalised environmentLO1 and LO2D1 Critically evaluate howSMEs are able to takeadvantage of internationalopportunities andovercome barriers.P1 Explain the global businessenvironment in which smalland entrepreneurialbusinesses operate.P2 Analyse the threats andopportunities that face SMEs inan increasingly competitiveM1 Provide evidencebased analysis of theglobal businessenvironment in whichsmall and entrepreneurialbusinesses operate usingspecific examples.M2 Critically analyse theimplications of threats and 4 global environment.opportunities that faceSMEs in an increasinglycompetitive globalenvironment.LO2 Illustrate the advantages of trading blocs for firmsP3 Determine and analyse theadvantages of internationaltrading blocs and agreements.P4 Explain the various tariffand non-tariff barriers that existin the international tradingenvironment.M3 Evaluate theadvantages ofinternational trading blocsand agreements and theirimplications for SMEs.LO3 Determine the importing and exporting process andthe practicalities involvedD2 Produce valid and justifiedrecommendations for use ofdifferent approaches in aninternational context.P5 Determine the advantagesand disadvantages ofimporting and exporting andhow to secure a deal.P6 Explain the differencesbetween merchandise andservice imports and exports.M4 Apply the appropriateimport and export processto an organisation andmake recommendationson how they could beapplied in an internationalcontext.LO4 Evaluate ways SMEs can tap into internationalmarketsD3 Justify recommendationswith supported criticalconsideration and evaluation ofthe implementation of differentmethods.P7 Evaluate the variousmethods in which SMEs cantap into international markets.P8 Compare and contrast thevarious ways SMEs can tapinto international markets,assessing the pros and cons ofeach method.M5 Evaluate differentmethods SMEs can use totap into various marketswith application to a smallbusiness orentrepreneurial venture,making validrecommendations. Academic Misconduct:Plagiarism is presenting someone else’s idea in your own name. Hence, it is important not touse information directly from any published sources such as books, journals or websiteswithout paraphrasing and referencing the materials. It is also imperative for you not to copyanything from another student’s coursework and submit in your name (collusion). If similarityis found with another learner’s work or from other published sources, suspected work will beinvestigated in accordance with procedures set up by the college. Please read AcademicMisconduct Student Guide in College website for further details:https://www.rcl.ac.uk/policy/academic-misconduct/academic-misconduct-student-guide.pdf
