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BSBINT401BResearchinternationalbusinessopportunities
Toachievecompetencyinthisunityoumustcompletethefollowing
assessmentitems.Alltasksmustbesubmittedtogether.Ticktheboxestoshow
thateachtaskisattached.
Task1.Legalreport
Task2.Feasibilityreport
Task3.ProductlicensingandPresentation
NOTE:Ifthisisagroupassignment,eachmemberofyourgroupmustindividually
submitaseparateandcompletecopy.
StudentID
StudentName
Clickheretoentertext. Clickheretoentertext.
Theothermembersofmygroupare:
1. Name:Clickheretoentertext.StudentID#:Clickheretoentertext.
2. Name:Clickheretoentertext.StudentID#:Clickheretoentertext.
3.
Name:Clickheretoentertext.StudentID#:Clickheretoentertext.
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PLEASENOTE:SECTIONSHIGHLIGHTEDINTHISCOLOURAREFORTRAINERUSE
TASK1MARKINGSHEET
Performanceindicators
Satisfactory
Didthecandidate:
Yes
No
1. Provideaccurateauthoritynamesforeachpieceoflegislation?
2. Provideaccuratefullnamesofeachpieceoflegislation?
3. Provideanaccuratelinkorlocationforeachpieceoflegislation?
5. Identifytherelevantsectionsineachpieceoflegislation,tointernational
businessopportunities?
6. Describetheimplicationsofeachrelevantsectiononinternationalbusiness
opportunities?
4. Accuratelyportraytheintentorpurposeofeachpieceoflegislation?
TASK2MARKINGSHEET
Performanceindicators
Satisfactory
Didthecandidate:
Yes
No
1. Productselectionreasoningthatwasbasedonsoundbusinessreasoning?
2. Accurateinterpretationsoftheaffectofrelevantlegislation?
3. Aprocessforestablishingtheinternationalbusinessopportunitythat:
isclear?
iscomplete?
showslogicalprogressionthroughvariousstages?
4. Adescriptionofrequiredskillsthat:
willberequiredincountry?
areassignedtoidentifiedpersonnel?
5. Aselfanalysisofownskillsthat:
accuratelyreflectsownabilities?
arerelevanttothebusinessopportunity?
completelyaddresstheopportunityrequirements?
6. Astatementregardingrisksthat:
clearlyidentifiesassociatedrisks?
describesprocesstoavoidorcontroleachidentifiedrisk?
7. Astatementidentifyingsupportservicesthat:
arerelevanttothebusinessopportunity?
describeshowtheymaybeaccessed?
describeswhentheymaybeaccessed(pre,in,post)?
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TASK3MARKINGSHEET
Performanceindicators
Satisfactory
Didthecandidate:
1. Addressintheirreport:
clearidentificationofaproductsuitableforoffshorelicensing?
clearreasoningforchoiceofproductidentified?
evidenceofresearchundertaken?Summaryofresearchordiaryof
researchprogressmustbepresented.
sourcesofinformationaccessed?
afullfinancialreviewoftheinternationalbusinessopportunity?
ananalysisofskillsrequiredandskillsandresourcesavailable?
clearstatementofviabilityfortheinternationalbusinessopportunity?
2. Presenttheirreport:
inamannersuitableforthebusinessenvironment?
withaclearstatementoftheviabilityoftheproductforoffshore
licensing?
Yes
No
ASSESSMENTSUMMARY
Assessorschecklisttickwhenfinalized
Task1
Task2
Task3
ASSESSORSGENERALCOMMENTS
(seeindividualtasks&markingguidesformoredetail)
Clickheretoentertext.
AssessorName
RESULT
COMPETENT
NOTYETCOMPETENT
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Task1
LegalReport
AssessmentDescriptionandRequirements
Candidatesarerequiredtoresearchlocalandinternationalpiecesoflegislation(aslistedbelow)thatmay
haveinfluenceonbusinessopportunitiesandoperationsintheinternationalmarket.Thelegislationand
lawrequiredtoberesearchedare:
InternationalCommercialTerms(INCOTERMS)
Trademodernisationlegislation:
o CustomsLegislationAmendmentandRepealAct
o ImportProcessingChargesAct
o CustomsDepotLicensingChargesAmendmentAct
TradePracticesAct
WarsawConvention
WorldTradeOrganizationdeterminations
Informationcanbeprovidedinasummaryorinabulletedlistformat,andshouldnotexceedonepageper
pieceoflegislationexamined.
Procedure
Youarerequiredto:
1. Revieweachpieceoflegislation.
2. Answerthefollowingquestionsforeachpieceoflegislation:
a. Whocreatedthelaw(whichauthority)?
b. Whatisthefullnameofthelaw,andwherecanthemostcurrentversionbeaccessed?
c. Whatisthegeneralintentorpurposeofthelegislation?
d. Whatsectionsarespecificallyrelevanttoengagingininternationalbusinessopportunities?
e. Whataretheimplicationsofthesesectionsforinternationalbusinessopportunities?
3. Presentwrittenanswerstoeachofthequestionsaboveinasingledocument.
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Task2
FeasibilityReport
AssessmentDescriptionandRequirements
Candidateswillneedtochooseanyinvention(product)listedontheABCTelevisionNewInventorswebsite
<http://www.abc.net.au/tv/newinventors/>thatissuitabletobedevelopedthroughanoffshorebusiness
licensingmodel.Candidateswillthenneedtocompleteafeasibilityreportfocusedontwokeyareas:
processesandskillsanalysis
riskandsupportservicesanalysis.
Procedure
Youarerequiredto:
1. Reviewaproducttheyhavechosenfromtheinventionslistedonthewebsite,andbrieflydescribe
whytheidentifiedproducthasbeenchosen.
2. Identifyandreviewtherelevantlegislationthatmayaffectthisbusinessopportunity.
3. Completeashortwrittenreport(lengthasagreedwithyourassessor)describing:
a. theprocessesrequiredtoestablishtheinternationalbusinessopportunity
b. theskillsrequiredbypersonnelincountryandthepersonalskillsneededtomanagethis
businessopportunity
c. therisksassociatedwiththisbusinessopportunity
d. thesupportservicesthatmaybeneededtobeaccessed.
4. Submityourresponses.
Task3
ProductLicensingandPresentation
AssessmentDescriptionandRequirements
Candidateswillidentifyaproductsuitableforoffshorelicensing,completeafeasibilitystudyandpresenta
reporttoagroup(orsimulatedgroup)ofbusinessinvestors.Aspartofthepresentation,candidateswill
needtoseekfeedbackonthebusinessopportunitytheyhavepresented
Candidateswillneedtoprovideasupportingdocumentforthepresentationthatcontains:
theresearchundertakentoinvestigatethebusinessopportunity
thesourcesofinformationthatwereaccessed
ariskreviewofthebusinessopportunity
ananalysisoftheirownskills,referencedagainstthebusinessopportunity
thesummaryfindingsofallresearch
aviabilitydecisionregardingthebusinessopportunity.
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Procedure
Youarerequiredto:
1. Identifytheproductchosenanddescribewhytheidentifiedproducthasbeenchosenandwho
ownstheintellectualpropertyoftheproductitis.
2. Developapresentationandareportdescribing:
a. theproductandhowitwaschosen
b. theresearchundertakentoinvestigatethebusinessopportunity,includingrelevant
legislation
c. thesourcesofinformationthatwereaccessed
d. ariskreviewofthebusinessopportunity
e. ananalysisoftheirownskills,referencedagainstthebusinessopportunity
f. thesummaryfindingsofallresearch
g. aviabilitydecisionregardingthebusinessopportunity.
3. Deliverthepresentation(lengthasagreedwithyourassessor),andmakeavailableyourprinted
reportforreview.
4. Offeranopportunityforfeedbackorclarificationonthebusinessopportunitypresented.
5. Submitallmaterialstotheassessor.
PLEASEPASTEYOURASSESSMENTBELOWTHISLINE
Note:Task3presentationmaterialsmaybeuploadedasaseparatefile(eg;Powerpointpresentation)
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