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BUS 470 All Modules Discussions and Assignments

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<strong>BUS</strong><strong>470</strong> Module 3 Assignment 1: Discussion Question<br />

The Mexican ceramics folk-art firm signs a contract for the Mexican firm to deliver 1500 pieces<br />

of artwork to an Italian firm within the next 120 days. The contract is denominated in pesos.<br />

During this time the Mexican peso strengthens against the euro. What is the net profitability<br />

effect on the Mexican firm? What international market concept is demonstrated in this example?<br />

Discuss the risks associated with changing exchange rates <strong>and</strong> international commerce <strong>and</strong><br />

provide a scenario demonstrating these risks.<br />

By respond to the discussion question assigned by the faculty. Submit your response to the<br />

appropriate Discussion Area. Use the same Discussion Area to comment on your classmates’<br />

submissions <strong>and</strong> continue the discussion until 2016.Comment on how your classmates would<br />

address differing views.<br />

<strong>BUS</strong><strong>470</strong> Module 4 Assignment 1: Discussion Question<br />

To extend its international presence, Martinetti International has formed an expansion strategy<br />

focused on acquiring other like enterprises outside the European region. Martinetti, a subsidiary<br />

of a publicly owned parent company, is based in Rome where it enjoys an established br<strong>and</strong><br />

name <strong>and</strong> superb reputation. As part of Martinetti’s globalization strategy, it has acquired S<strong>and</strong><br />

Coast Resort Group located in the heart of Chinatown, Singapore. Both hotel enterprises share<br />

common business values <strong>and</strong> excellent reputations, <strong>and</strong> offer high-end luxury accommodations<br />

for the local businessman <strong>and</strong> international traveler. The acquisition offers Martinetti ownership<br />

of the S<strong>and</strong> Coast br<strong>and</strong>, trademarks, <strong>and</strong> contracts for the 9 S<strong>and</strong> Coast hotel holdings. With this<br />

acquisition, Martinetti gains a footprint in Southeast Asia <strong>and</strong> exp<strong>and</strong>s its holdings 27 percent.<br />

S<strong>and</strong> Coast has strong br<strong>and</strong> recognition in the region <strong>and</strong> has a portfolio that includes both<br />

hospitality services <strong>and</strong> travel agencies. Martinetti, a cross-culture organization, is comprised of<br />

approximately 65 percent Italian employees with the remaining representing 7 other countries<br />

<strong>and</strong> languages. San Coast also has a cross-cultural workforce with 88 percent being Singaporean<br />

of Chinese, Malay, <strong>and</strong> Indian ethnicity. Chinese is the official language.<br />

As a member of the Martinetti management team, you have been selected to meet with the S<strong>and</strong><br />

Coast Resort leadership team to discuss Martinetti’s approach to market the acquisition in both<br />

countries. Your task is to convince the S<strong>and</strong> Coast team that Martinelli has a sound strategic<br />

communications plan. Please discuss the promotional goals <strong>and</strong> cultural factors you would<br />

discuss with S<strong>and</strong> Coast <strong>and</strong> what aspects of the recommended promotional strategy you would<br />

address.<br />

By submit your response to the appropriate Discussion Area. Use the same Discussion Area to<br />

comment on your classmates’ submissions <strong>and</strong> continue the discussion until Wednesday,<br />

2016.Comment on how your classmates would address differing views.

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