International Marketing : Group Simulation and Individual Simulation Modelling Report: PhoneVentures

Published: 18 Jan, 2025
Category Assignment Subject Marketing
University University of Salford Module Title International Marketing
Word Count 2500 Words
Assessment Type Report
Assessment Title Individual Simulation Modelling Report

Assessment Task

Group Simulation and Individual Simulation Modelling Report: PhoneVentures

The individual assignment comprises two parts. Part 1 is the Simulation Ranking Performance Score (30%), and Part 2 is the simulation evaluation modelling which focuses on evaluating your company in the simulation (70%). Part 2 consists of Component 1 and Component 2 which must be submitted together in a single report. The report must be well-written, structured, and referenced throughout using APA 7th referencing style.

Part 1 will be a group activity where students will be designated to a group of 5 maximum by tutors.

Students will actively take part in the class business simulation company ‘PhoneVentures’ as entrepreneurs and owners of their own phone company. The phones are not produced by PhoneVentures, as they are produced by another Corporation under PhoneVentures’ licence based on the quality demands and features developed by PhoneVentures’ R&D department.

Your competitors are the other teams on the module. Each group starts with exactly the same financial situation, market, staff numbers, etc. Each simulation round represents 1-year of operations. Groups can alter all decisions repeatedly, until the deadline of each round.

Part 2 is an individual simulation modelling report.

Scenario:

You have been managing your company PhoneVentures in the business simulation activity for the last 5 years. You are now reviewing your business and presenting your future for the company based on your annual business plans (for each simulation
week) and performance in the simulation.

Part 2 Component 1: Simulation Reflection:
a)  You are required to provide a reflection on decisions you made for PhoneVentures in the simulation on a weekly basis and draw on relevant theories/models to provide insights, (i.e., S-T-P model, situational analysis, competitor analysis, and performance analysis) (40 marks, 1000 words).

Part 2 Component 2: Simulation Evaluation and Modelling: Select two different countries available from the simulation markets (i.e., Australia, China, France, UAE, USA).
b)  Identify issues and implications with respect to socio- cultural and ethical issues that would impact the firm’s international marketing strategy for your chosen two country markets. Furthermore, analyse and discuss standardisation vs adaptation considerations (4Ps/7Ps theories) for your chosen two country markets (40 marks, 1000 words).
c)  Provide conclusions and make real-world recommendations for improvement for PhoneVentures. Support your
recommendations with an operational plan which could lead to the achievement of targets (20 marks, 500 words).

Assessed Intended Learning Outcomes

On successful completion of this assessment, you will be able to:

  1. Demonstrate a critical appreciation of international marketing concepts, models, and theories.
  2. Demonstrate critical awareness of the implications of cultural diversity and ethical issues for international marketing.
  3. Critically appraise segmentation, targeting, and positioning strategies for international markets.
  4. Design and adapt the elements of the marketing mix for different international markets.
  5. Critically evaluate the use and impact of digital tools in international marketing.

Practical, Professional or Subject Specific Skills

Transferable Skills and Other Attributes

6. Critically apply conceptual and theoretical frameworks relevant to international business management and practice.

7. Locate, synthesise, and evaluate qualitative and quantitative data using appropriate digital tools.

8. Effectively use digital and non-digital means to present ideas, analyse problems and develop and communicate clear and concise insights, conclusions, and recommendations.

9. Demonstrate a critical appreciation of the flexibility that simulation-based approaches provide to managers with regards to coping with risk and other real-world complexities
Communication YES/NO

Employability Skills Developed\Demonstrated

  • Critical Thinking and Problem-Solving YES/NO Data Literacy YES/NO
  • Digital Literacy YES/NO Industry Awareness YES/NO
  • Innovation and Creativity YES/NO Proactive Leadership YES/NO
  • Reflection and Life-Long Learning YES/NO
  • Self-management and Organisation YES/NO Team Working YES/NO

Module Aims

1. To develop an understanding and critical appreciation of international marketing concepts, models, and theories.
2. To examine the implications of cultural diversity and ethical issues for international marketing.
3. To identify and appraise segmentation, targeting, and positioning strategies for international markets.
4. To examine how the elements of the marketing mix can be designed and adapted for different international markets.
5. To evaluate the use and impact of digital tools in international marketing.

Assignment Feedback Arrangements

“The purpose of feedback is not to provide students with a benchmark between passing and failing but to identify strengths and where there is room for improvement and development” (Assessment and Feedback for Taught Awards Policy).

You can expect to receive the provisional mark and feedback for this assessment 15 working days after submission. Feedback will normally be provided via Turnitin.

Assessment Information

If you have any questions about assessment rules, you can find further information on Blackboard in the Assessment Support area.

Assessment Criteria

The task weightings/word counts for the assignment are provided on Page 2 of this document. The marking rubric for the assessment is on Page 6 of this document. You should look at the marking rubric criteria to find out what the Markers are specifically looking for when marking the assessment.

Assessment Criteria

Simulation Reflection: provide a reflection on the decisions you made for PhoneVentures in the simulation every week and draw on

relevant theories/models to provide insights

40 marks,

1000 words

Simulation Evaluation and Modelling: Identify issues and implications with respect to socio-cultural and ethical issues that would impact

The firm’s international marketing strategy for your chosen two country markets

40 marks,

1000 words

Provide conclusions and make real-world recommendations for improvement for

PhoneVentures

20 marks,

500 words

Level 7 Marking Rubric for International Marketing

 

Outstanding

Excellent

Very Good

Good

Satisfactory

Unsatisfactory

Inadequate

Poor

Very poor

Extremely poor

No Attempt

 

100-90

89-80

79-70

69-60

59-50

49-40

39-30

29-20

19-10

9-1

0

Task 1 - Simulation Reflection: S-T-P Model 1000 words @ 40%

Outstanding knowledge.

Exceptional individual reflection of simulation activities.

Outstanding insights and evaluations. S-T-P model, situational analysis, competitor analysis, and performance analysis incorporate evidence of

original thinking.

Presentation is outstanding.

Succinctly

written, font size, one and a half spaced, surpasses requirements

Outstanding range of references / data sources.

Integrates the complexity of a range of knowledge and excellent understanding of its relevance.

Excellent individual reflection on simulation activities.

Excellent insights and evaluations. S-T-P model, situational analysis, competitor analysis, and performance

analysis handled skilfully with imaginative

interpretation of material.

Presentation is highly professional.

Detailed use of references/data sources used creatively to develop the work.

Comprehensive knowledge demonstrating very good depth and breadth.

Very good individual reflection of simulation activities.

Very good insights and evaluations. S-T-P model, situational analysis, competitor analysis, and performance analysis with evidence of critique and independent thought.

Presentation is of a very good standard.

Clear evidence of a wide range of references

/data sources which are used effectively in supporting the work.

Consistently relevant accurate knowledge with good depth and breadth.

Good individual reflection of simulation activities.

Clear, in-depth critical analysis and evaluation with good ability to synthesise

information in order to develop appropriate insight. Good evidence of

S-T-P model, situational analysis, competitor analysis, and performance analysis.

Presentation of work is well organised. Well written, font size, one and a half spaced, meets requirements

Good range of sources.

Mostly accurate knowledge with satisfactory depth and breadth.

Satisfactory individual reflection of simulation activities.

Critical analysis, insights and evaluations of

S-T-P model, situational analysis, competitor analysis, and performance analysis.

Demonstrates basic ability to synthesise

information in order to formulate appropriate conclusions.

Presentation of work is satisfactory.

Satisfactory range of references/data sources.

Basic knowledge with occasional inaccuracies.

Unsatisfactory individual reflection of simulation activities.

Sound analysis evident, with some evaluation of S-T-P model, situational analysis, competitor analysis, and performance analysis

although limited.

Presentation is unsatisfactory.

Narrow range of references / data sources.

Limited evidence of knowledge.

Inadequate individual reflection of simulation activities.

Mainly descriptive evidence of analysis, inconsistent

critical approach, little evaluation. Fails to demonstrate insight.

Presentation is inadequate.

Limited ability to support content with relevant sources.

Inconsistent or inaccurate knowledge.

Poor individual reflection of simulation activities.

Occasionally attempts to provide insight.

Presentation is poor.

Inappropriate or outdated sources/data.

Virtually no relevant knowledge is demonstrated

Very poor individual reflection of simulation activities.

No meaningful analysis, evaluation, or insights.

Presentation is very poor.

Lack of ability to source adequate

material.

Totally inadequate demonstration of required knowledge.

No appropriate individual reflection of simulation activities.

No demonstration of analysis, evaluation or insight.

Presentation is extremely poor. Not well written, does not meet requirements

No attempt to provide evidence of sources used.

No attempt made.

 

 

Outstanding

 

Excellent

 

Very Good

 

Good

 

Satisfactory

 

Unsatisfactory

 

Inadequate

 

Poor

 

Very poor

Extremely poor

No Attempt

 

100-90

89-80

79-70

69-60

59-50

49-40

39-30

29-20

19-10

9-1

0

Task 2 socio-cultural & ethical issues and implications: 1000 words @ 40%

Outstanding knowledge.

Identifies issues and implications with respect to socio-cultural and ethical issues that would impact the firm’s

international marketing strategy at an exceptional level and are used to formulate new questions, ideas or challenges.

Outstanding critical analysis

and synthesis of material.

Incorporates evidence of original thinking.

Presentation is outstanding demonstrating a fluent academic style.

Outstanding range of references/data sources.

Integrates the complexity of a range of knowledge and excellent understanding of its relevance.

The issues and implications

with respect to socio-cultural and ethical issues that would impact the firm’s

international marketing strategy identified are

near excellent.

Excellent critical analysis and synthesis of

material. Arguments handled skilfully with imaginative interpretation of material.

Presentation is excellent, well- structured and logical.

Detailed use of references/data sources which are well- referenced and are used creatively to develop the work.

Comprehensive knowledge demonstrating very good depth and breadth.

The issues and implications

with respect to socio-cultural and ethical issues that would impact the firm’s

international marketing strategy identified are very good.

Very good analysis and synthesis of material with evidence of critique and independent thought.

Presentation is of a very good standard.

Clear evidence of a wide range of references/data sources which are used effectively in supporting the work.

Consistently relevant accurate knowledge with good depth and breadth.

The issues and implications with respect to socio- cultural and ethical issues that would impact the firm’s

international marketing strategy identified are clear and relevant.

Clear, in-depth

critical analysis and evaluation with good ability to synthesise

information in order to develop appropriate insight.

Presentation of work is well organised with good use of language to express ideas/argument.

Good range of sources. Well referenced, very few inaccuracies.

Mostly accurate knowledge with satisfactory depth and breadth of knowledge.

The issues and implications with respect to socio- cultural and ethical issues that would impact the firm’s international marketing strategy

identified are sound and

informed.

Critical analysis and evaluation. Demonstrates basic ability to synthesise

information in order to develop appropriate insight.

Presentation of work is satisfactory

in terms of structure coherence and clarity.

Satisfactory range of references/data sources.

Basic knowledge with occasional inaccuracies appropriate yet basic integration of theory and practice.

The identified issues and implications with respect to socio- cultural and ethical issues that would impact the firm’s international marketing strategy are superficial or limited.

Sound analysis evident, with some evaluation,

although limited.

Presentation of work is unsatisfactory in terms of structure, coherence and clarity.

Narrow range of references/data sources with some inconsistencies or inaccuracies in referencing.

Limited evidence of knowledge.

The identified issues and implications

with respect to socio-cultural and ethical issues that would impact the firm’s

international marketing strategy are very weak / limited, needs developing further.

Mainly descriptive evidence of analysis, inconsistent critical approach, little evaluation.

Fails to demonstrate insight.

Presentation is unsatisfactory. Work is limited in terms of structure, coherence and clarity.

Limited ability to support content with relevant sources.

Inconsistent or inaccurate knowledge.

The identified issues and implications

with respect to socio-cultural and ethical issues that would impact the firm’s

international marketing strategy are limited and poor or inaccurate to practice.

Descriptive. Occasionally attempts to analyse or evaluate

material but lacks critical approach.

Presentation is poor. Work is disorganised and lacks

clarity.

Inappropriate or outdated sources/data with numerous referencing errors.

Virtually no relevant knowledge demonstrated.

Fails to adequately identify or explain the issues and implications with respect to socio- cultural and ethical issues that would impact the firm’s

international marketing strategy.

No meaningful analysis or evaluation.

Presentation is very poor. Work has little discernible structure or clarity.

Lack of ability to source adequate material. Very poor referencing.

Totally lacking identification of issues and implications with respect to socio- cultural and ethical issues that would impact the firm’s international marketing strategy.

No demonstration of analysis or evaluation.

Presentation is extremely poor. Work has no structure or clarity.

No references. No attempt to provide evidence of sources used.

No attempt made.

 

Outstanding

Excellent

Very Good

Good

Satisfactory

Unsatisfactory

Inadequate

Poor

Very poor

Extremely poor

No Attempt

 

100-90

89-80

79-70

69-60

59-50

49-40

39-30

29-20

19-10

9-1

0

Task 3 - conclusions and real-world recommendations: 500 words @ 20%

Outstanding knowledge.

Outstanding conclusions and real-world recommendation that emerge naturally out of the previous sections of the report.

Operational plan is clear, concise, and easy to follow and is

critically evaluated to an exceptional level and could lead to the achievement of targets.

Outstanding critical analysis

and synthesis of material.

Incorporates evidence of original thinking.

Presentation is outstanding demonstrating a fluent academic style.

Outstanding range of references / data sources.

Integrates the complexity of a range of knowledge and excellent understanding of its relevance.

Excellent conclusions and real-world recommendation s emerge naturally out of the previous sections of the report.

Operational plan is coherent and systematic, is evaluated to an excellent level, and could lead to the achievement of targets.

Excellent critical analysis and synthesis of

material. Arguments handled skilfully with imaginative interpretation of material.

Presentation is excellent, well- structured and logical. Detailed use of references / data sources which are well referenced and are used creatively to develop the

work.

Comprehensive knowledge demonstrating very good depth and breadth.

Very good conclusions and real-world recommendations emerge naturally out of the previous sections of the report.

Operational plan is very good and could lead to the achievement of targets.

Very good analysis and synthesis of material with evidence of critique and independent thought.

Presentation is of a very good standard.

Clear evidence of a wide range of references / data sources which are used effectively in supporting the work.

Consistently relevant accurate knowledge with good depth and breadth.

Clear and relevant conclusions and real-world recommendation

s. Proficient operational plan which could lead to the achievement of targets.

Clear, in-depth critical analysis and evaluation with good ability to synthesise

information in order to develop appropriate insight.

Presentation of work is well organised with good use of language to express ideas/argument.

Good range of sources. Well referenced, very few inaccuracies.

Mostly accurate knowledge with satisfactory depth and breadth of knowledge.

Critical conclusions and recommendation

s. Acceptable and substantiated operational plan.

Sound critical analysis and evaluation.

Demonstrates basic ability to synthesise

information in order to develop appropriate insight.

Presentation of work is satisfactory

in terms of structure coherence and clarity.

Satisfactory range of references / data sources.

Basic knowledge with occasional inaccuracies appropriate yet basic integration of theory and practice.

Superficial or limited conclusions and recommendation

s. A limited, insufficient and/or inaccurate operational plan.

Critical analysis evident, with some evaluation,

although limited.

Presentation of work is unsatisfactory in terms of structure, coherence and clarity.

Narrow range of references / data sources with some inconsistencies or inaccuracies in referencing.

Limited evidence of knowledge.

Inappropriate conclusions and recommendation s.

Mainly descriptive evidence of analysis, inconsistent critical approach, little

evaluation. Fails to demonstrate insight.

Presentation is unsatisfactory. Work is limited in terms of structure, coherence and clarity.

Limited ability to support content with relevant sources.

Inconsistent or inaccurate knowledge.

Limited and inappropriate or inaccurate conclusions and recommendation s.

Descriptive. Occasionally attempts to analyse or evaluate

material but lacks critical approach.

Presentation is poor. Work is disorganised and lacks clarity.

Inappropriate or outdated sources/data

with numerous referencing errors.

Virtually no relevant knowledge demonstrated.

Fails to provide conclusions and recommendation

s. Little or no evidence of operational plan.

No meaningful analysis or evaluation.

Presentation is very poor. Work has little discernible structure or clarity.

Lack of ability to source adequate material. Very poor referencing.

Totally inadequate demonstration of required knowledge.

Unable to suggest any conclusions and recommendation

s. A limited, insufficient and/or inaccurate operational plan.

No demonstration of analysis or evaluation.

Presentation is extremely poor. Work has no structure or clarity.

No references. No attempt to provide evidence of sources used.

No attempt made.

Level 7– Generic Descriptors

 

Extremely poor

Very poor

Poor

nadequate

Unsatisfactory

Satisfactory

Good

Very Good

Excellent

Outstanding

 

1-9

10-19

20-29

30-39

40-49

50-59

60-69

70-79

80-89

90-100

Knowledge

Totally inadequate demonstration of required knowledge.

Not able to link theory to practice. No appropriate themes

identified.

Virtually no relevant knowledge demonstrated. Fails to adequately demonstrate links between theory and practice. Very poor

identification of key themes.

Inconsistent or inaccurate knowledge. Limited and inappropriate or inaccurate links between theory and practice.

Poor

identification of key themes.

Limited evidence of knowledge. Inappropriate links between theory and practice.

Inadequate identification of key themes.

Basic knowledge with occasional inaccuracies appropriate, yet basic

integration of theory and practice.

Superficial depth or limited breadth with

unsatisfactory

identification of key themes.

Mostly accurate knowledge with satisfactory depth and breadth of knowledge.

Sound

integration of theory and practice with satisfactory identification of key themes.

Consistently relevant accurate knowledge with good depth and breadth.

Clear and relevant application of theory to practice.

Good

identification of key themes.

Comprehensiv e knowledge demonstrating very good depth and breadth. Clear insight into links between theory and practice.

Demonstrates ability to transfer knowledge between

different contexts appropriately.

Integrates the complexity of a range of knowledge and excellent understanding of it’s relevance.

Excellent depth of knowledge in a variety of contexts.

Coherent and systematic application of theory to practice.

Outstanding knowledge. Theory is linked to practice to an exceptional level and may be used to formulate new questions, ideas or challenges.


 

Extremely poor

Very poor

Poor

Inadequate

Unsatisfactory

Satisfactory

Good

Very Good

Excellent

Outstanding

 

1-9

10-19

20-29

30-39

40-49

50-59

60-69

70-79

80-89

90-100

Cognitive processes

No demonstratio n of analysis, evaluation or synthesis. No evidence of reflection.

Unsatisfactor y professional judgement

No meaningful analysis or evaluation. Unable to identify appropriate issues for reflection.

Arguments presented are inappropriate and very poorly linked. Very poor professional judgement.

Descriptive occasionally attempts to analyse or evaluate

material but lacks critical approach. Confusion and/ or weakness in academic argument. Identifies issues for reflection but lacks evidence of reflective processes.

Poor professional judgement.

Mainly descriptive evidence of analysis, inconsistent

critical approach, little evaluation or synthesis.

Follows processes of reflection but fails to demonstrate insight.

Inconsistent and/ or inaccurate professional judgement.

Critical analysis evident, with some evaluation and synthesis, although limited.

Limited evidence of reflection.

Some appropriate academic argument

although not well applied and lacking in clarity.

Unsatisfactory

professional judgement.

Sound critical analysis and evaluation.

Relevant academic argument. Demonstrates basic ability of synthesise

information in order to formulate appropriate questions and conclusions. Reflective process is utilised, with insight demonstrating planning for future practice. Integrates relevant

information in order to make sound professional judgements.

Clear, in-depth critical analysis, evaluation and academic argument with synthesis of

different ideas and perspectives. Utilises reflection to develop self and practice.

Aware of the influence of varied perspectives and time

frames. Uses a wide range of sources to

inform clinical decision making and prioritises plans.

Very good analysis and synthesis of material with evidence of critique and independent thought.

Balanced and

mature approach to reflection used to enhance practice and performance in a range of contexts.

Demonstrates ability to make sound decisions in complex and unpredictable contexts.

Excellent critical analysis and synthesis.

Arguments handled skilfully with imaginative interpretation of material.

Willingness to challenge self and practice.

Outstanding critical analysis and synthesis. Incorporates evidence of

original thinking.

 

Extremely

poor

Very poor

Poor

Inadequate

Unsatisfactory

Satisfactory

Good

Very Good

Excellent

Outstanding

 

1-9

10-19

20-29

30-39

40-49

50-59

60-69

70-79

80-89

90-100

Communication

 

Presentatio n is extremely poor. Work has no structure or clarity.

Extremely poor use of language.

 

Presentation is very poor. Work has little discernable structure or clarity. Very poor use of language.

 

Presentation is poor.

Work is disorganised and lacks clarity. Poor use of language.

 

Presentation is unsatisfactory. Work is limited in terms of structure, coherence and clarity.

Limitations in academic style.

 

Presentation of work is unsatisfactory in terms of structure, coherence, clarity and academic style. Some inconsistencies. Some grammar and syntax errors which detract from the content

 

Presentation of work is satisfactory

in terms of structure coherence, clarity and academic style. But some inconsistencies in grammar and syntax.

 

Presentation of work is well organised

with good use of language to express ideas/argument.

Very few inconsistencies; grammar and syntax good.

 

Presentation is of a very good standard, demonstrating a scholarly style. Very good grammar and syntax

 

Presentation is excellent, well- structured and logical.

Demonstrates a scholarly style. Excellent grammar and syntax.

 

Presentation is outstanding demonstrating a fluent academic style.


 

Extremely poor

Very poor

Poor

Inadequate

Unsatisfactory

Satisfactory

Good

Very Good

Excellent

Outstanding

 

1-9

10-19

20-29

30-39

40-49

50-59

60-69

70-79

80-89

90-100

Motor skills

Unsafe. Unable to perform skills.

Unsafe. Very poor application of skill, major limitation in skill performance

. Ineffective

Unsafe. Poor application of skill, some limitations in skill performance. Ineffective

Unsafe. Unsatisfactory application of skills.

Inconsistent in skill performance.

Unsafe inadequate application of skill, inconsistent performance of skill with some limitations.

Safe, competent application of skills. Effective performance, demonstrating dexterity and sensitivity.

Safe application of skills with good level of competence. Effective performance with an

ability to plan, anticipate and priorities action.

Safe application of skills with very good level of competence. Effective and proficient performance.

Safe application of skills with excellent level of competence.

Effective and proficient performance with flexibility and creativity

Safe, outstanding application of skills, perceives the situation as a whole.

 

Extremely poor

Very poor

Poor

Inadequate

Unsatisfactory

Satisfactory

Good

Very Good

Excellent

Outstanding

 

1-9

10-19

20-29

30-39

40-49

50-59

60-69

70-79

80-89

90-100

Referencing and using evidence

No references. No attempt to provide evidence of sources used.

Lack of ability to source adequate material. Very poor referencing

Poor use of reference material.

Inappropriate or outdated sources with numerous referencing errors.

Unsatisfactory referencing

with frequent error. Limited ability to support content with relevant sources.

Narrow range of sources. Referencing in presented work is unsatisfactory

with some inconsistencies or inaccuracies. Over utilises secondary sources. References used are inappropriate in terms of currency.

Satisfactory

range of sources identified with appropriate referencing and few inaccuracies.

Appropriate use of primary and secondary sources.

Good range of sources. Well referenced, very few inaccuracies. Good use of primary and secondary sources.

Clear evidence of referencing to a wide range of primary and secondary sources which are used effectively in supporting the work.

Detailed use of predominantly primary sources which are well referenced and are used creatively to develop the work.

Synthesis of reference material from a wide range of sources both within and across professions

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