BUS 470 All Modules Discussions and Assignments
BUS 470 All Modules Discussions and Assignments
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.