Category | Assignment | Subject | Management |
---|---|---|---|
University | University of Northampton | Module Title | BUS3029 Operating in Emerging Markets |
Assessment Type | Report |
Assessment Deliverable(s) as started in the Module Specification | Operations Strategy Report 2000 words (+\- 10%) |
BUS3029 Learning Outcomes aligned to this assessment:
On successful completion of this assessment, you will be able to:
(Note: Building on the market selection and entry mode analysis presented in PS1, this report focuses on the operationalisation and sustainability strategy for the chosen emerging market.)
You have presented a poster to senior management outlining potential emerging markets and recommended an entry mode for the expansion of a UK luxury brand. Following their approval, you are now tasked with developing a detailed strategy for how the brand will operate sustainably and ethically in the chosen market while addressing institutional challenges, risks, and opportunities.
Prepare a report by addressing the following:
1. Sustainable Operations Plan
Propose a detailed plan for how the brand will operate sustainably in the chosen market. Focus on areas such as ethical sourcing and reducing environmental impact. Highlight how these practices align with the brand's values, contribute to competitive advantages, and help the business to grow.
2. Institutional Challenges and Risks
Discuss potential business challenges and how the brand can implement strong corporate governance practices to address institutional voids and any potential challenges and risks in the market (e.g., weak legal frameworks, corruption, regulatory gaps). You may propose strategies to ensure accountability, transparency, and ethical decision-making in business operations.
3. Engaging Local Stakeholders/Promoting Business
Develop a strategy for engaging with local stakeholders, including suppliers, government bodies, and communities to promote the business and enhance the brand's reputation. Explore how the brand can contribute to local development (e.g., job creation and partnerships with local artisans).
Alternatively, you could use other business strategies, such as the marketing mix approach, to show how you will promote your business. What will be your target audience, and how will you promote to the selected market segment?
Word count: 2000 (-/+ 10%)
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Your grade will depend on the extent to which you meet these learning outcomes in a way relevant to this assessment. You will be assessed on your ability to successfully address specified module learning outcomes, with marks allocated based on what is called a grading rubric.
The rubric is a table that has different statements for how well each learning outcome has been met, and is used as a standard benchmark so that all assignments are marked equally against. Please see the grading rubric on NILE, or see the final page of this document for further details of the criteria against which you will be assessed, presented in the grading rubric.
This report structure is provided for guidance purposes only and is not intended to be prescriptive. Students are encouraged to adapt it to suit their analysis and approach to the task.
Provide a concise overview of the sustainable operations plan/institutional challenges/stakeholder engagement strategy. Highlight how the proposed strategies align with the brand's values and contribute to responsible business growth.
Set the scene and introduce the chosen UK luxury brand, including its core values and relevance in the global market.
State the report's focus on operationalising the expansion sustainably and ethically.
(Do not use "Main Body" as a title; divide it into sub-sections with relevant headings.)
The abovementioned headings are merely illustrative examples
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