Upporti Ng Wi Th Final Business Plan
Milestone One
:
Company, Product
,
and
Internat
ional Market
Selection
In
Module
Three
,
you will submit a short paper with your company proposal, product d
etail, and country background. You will s
elect a specific international
market and a company within a selected industry and provide a bri
ef overview
of your selections
.
Justify your selections using the guidelines in the Milestone
One Guidelines and Rubric document.
Your submission
should be a
1
–
2
page short paper
with at least two scholarly references.
This
milestone
is
graded
with
the
Milestone One
Rubric
.
Milestone Two
:
Country
(International Market)
SWOT and
Branding
In
Module
Five
,
you will submit
the
Country SWOT and
Branding
sections of your final project
.
The paper should include detailed analysis of
the
select
ed
international market and
the
competitor’s
product
/service brand
.
Analyze your
c
ountry (
international market
)
SWOT
and competitor brands
using the details
in
the Milestone
Two
Guidelines and Rubric document.
It should be a
2
–
3
page paper with at least three scholarly references.
This
milestone
is
graded
with
the
Milestone
Two
Rubric.
Milestone Three
:
Target Market;
Pricing and Budgeting
In
Module
Seven
,
you will submit
the
Target Market
and
Pricing and Budgeting
sections of your final project
.
The paper should include review of
the
target
market and justification of product customization. Also, a detailed and complete budget, including the appropriate price for
the product
,
should be developed.
It
should be a
2
–
3
page paper with at least three scholarly references.
This milestone
is
graded
with
the Milestone
Three
Rubric.
Final
Project
Submission
:
International Marketing Plan
In
Module Nine
,
you will submit
your
final project
.
It
should be a complete, polished artifact containing
all
of the critical elements
that have been covered in
Milestone
s
One, Two
,
and Three
of the final project
, plus
the Conclusion and Designed Advertisement sections.
It should reflect the incorporation of feedback
gained throughout the course. Your
final project
should include at leas
t
six
scholarly references
, including
t
wo
each from
Milestone
s
One,
Two,
and Three
.
The
final project
is
graded
with
the Final Pro
je
ct Rubric
(
below
)
Final Pro
je
ct Rubric
Guidelines for
Submission
:
Your
international marketing plan should adhere to the following formatting requirements: 12
–
point Times New Roman font, double
spacing, and the most current APA formatting. While completing this project, you must use scholarly references as much as pos
sible fo
r full credit. At least
six
scholarly references should support your entire project. Please do not use Wikipedia and Investopedia as your resources.
Note about Rubric:
Milestones One, Two and Three use Rubric with “Proficient” as highest grade. If you wo
uld like to receive full points for
your final project
submission, you need to follow “Exemplary” from this rubric and expand on the Proficient rating from Milestones
One, Two and Three
.
Critical Elements
Exemplary
(
100%
)
Proficient
(
90%
)
Needs Improvement
(
70%
)
Not Evident
(
0%
)
Value
Overview
Meets “Proficient”
cri teri a
and
expertl y bal ances key detai l wi th
brevi ty appropri ate for a bus i ness
audi ence
Provi des a bri ef overvi ew
i ncl udi ng s el ected i nternati onal
market and company wi thi n
s el ected i ndus try
Provi des an overvi ew i ncl udi ng
s el ected i nternati onal market
and compa
ny wi thi n s el ected
i ndus try, but omi ts key detai l s or
i s wordy
Does not provi de a bri ef
overvi ew i ncl udi ng s el ected
i nternati onal market and
company wi thi n s el ected i ndus try
2.6
Country SWOT: Political
System
Meets
“Proficient” criteria and
demons trates a nuanced
unders tandi ng of how pol i ti cal
s ys tems i mpact new product
l aunches
Logi cal l y as ses ses pol iti cal s ystem
i n country for whether i t favors
new product or not
As s es s es pol i ti cal s ystem i n
country for whether i t favors new
product or not,
but wi th gaps i n
l ogi c or detai l
Does not as s es s pol itical s ystem
i n country for whether i t favors
new product or not
6.3
Country SWOT: Rules
and Regulations
Meets
“Proficient” criteria and
demons trates a nuanced
unders tandi ng of the vari ety
of
rul es and regul ati ons governi ng
marketi ng i n s peci fi c markets
Accuratel y anal yzes rul es and
regul ati ons governi ng marketi ng
i n market
Anal yzes rul es and regul ati ons
governi ng marketi ng i n market,
but wi th gaps i n accuracy or
detai l
Does not anal yze rul
es and
regul ati ons governi ng marketi ng
i n market
6.3
Country SWOT: Law
Meets
“Proficient” criteria and
demons trates a nuanced
unders tandi ng of the l aws and
regul ati ons governi ng product
l aunches i n s peci fi c markets
Accuratel y anal yzes l aw and
regul ati ons governi ng product i n
market
Anal yzes l aw and regul ati ons
governi ng product i n market, but
wi th gaps i n accuracy or detai l
Does not anal yze l aw and
regul ati ons governi ng product i n
market
6.3
Branding: Competitors:
Logos
Meets
“Proficient” criteria and
s hows keen i ns i ght i nto the
changes made by i nternati onal
brands to adapt to new markets
Analyzes competitors’ brand
changes i n l ogos for the s peci fi c
market
Analyzes competitors’ brand
changes i n l ogos for the s peci fi c
market, b
ut wi th gaps i n accuracy
or detai l
Does not analyze competitors’
brand changes i n l ogos for the
s peci fi c market
3.8
Branding: Competitors:
Marketing Campaigns
Meets
“Proficient” criteria and
s hows keen i ns i ght i nto the
changes made by
i nternati onal
brands to adapt to new markets
Analyzes competitors’ brand
changes i n marketi ng campai gns
for the s peci fi c market
Analyzes competitors’ brand
changes i n marketi ng campai gns
for the s peci fi c market, but wi th
gaps i n accuracy or detai l
Does not
analyze competitors’
brand changes i n marketi ng
campai gns for the s peci fi c market
3.8
Branding: Brand
Products
Meets
“Proficient” criteria and
s hows keen i ns i ght i nto the
changes made by i nternati onal
brands to adapt to new markets
Anal yzes
competitors’ brand
products and whether
competi tors cus tomi zed products
to fi t the s peci fi c market,
expl ai ni ng rationale
Analyzes competitors’ brand
product and whether
competi tors cus tomi zed products
to fi t the s peci fi c market,
expl ai ni ng rationale, but w
i th
gaps i n l ogi c or detai l
Does not analyze competitors’
brand products and whether
competi tors cus tomi zed products
to fi t the s peci fi c market and
does not expl ai n rati onale
3.8
Branding: Brand
Positioning
Meets
“Proficient” criteria and
demons trates a nuanced
unders tandi ng of brand
pos i ti oni ng s trategi es des i gned
for s peci fi c i nternati onal markets
Analyzes competitors’ brand
pos i ti oni ng i n terms of pri ce i n
s peci fi c market, expl ai ni ng
rati onal e
Analyzes competitors’ brand
pos i ti oni ng i n
terms of pri ce i n
s peci fi c market, expl ai ni ng
rati onal e, but wi th gaps i n
accuracy or detai l
Does not analyze competitors’
brand pos i ti oni ng i n terms of
pri ce i n s peci fi c market and
expl ai n rati onale
3.8
Branding: Placement
Meets
“Proficient”
cri teri a and
demons trates a nuanced
unders tandi ng of pl acement
s trategi es des i gned for s peci fi c
i nternati onal markets
Analyzes competitors’ brand in
terms of pl acement i n s peci fi c
market, expl ai ni ng rati onale
Analyzes competitors’ brand in
terms of pl acem
ent i n s peci fi c
market, expl ai ni ng rati onale, but
wi th gaps i n accuracy or detai l
Does not analyze competitors’
brand i n terms of pl acement i n
s peci fi c market and expl ai n
rati onal e
3.8
Target Market: Product
Meets
“Proficient” criteria and
demons trates a nuanced
unders tandi ng of how to
s trategi ze product cus tomi zati on
for parti cul ar i nternational
markets
Logi cal l y justi fies why product i s
correctl y cus tomi zed to market,
i ncl udi ng l ogo i mage wi th
annotated changes
Jus ti fi es why product i s cor
rectl y
cus tomi zed to market, but does
not i ncl ude l ogo i mage wi th
annotated changes or has gaps i n
l ogi c or detai l
Does not jus ti fy why product i s
correctl y cus tomi zed to market
3.8
Target Market:
Appropriately Priced
Meets
“Proficient”
cri teri a and
demons trates a nuanced
unders tandi ng of how to
s trategi ze product pri ci ng for
parti cul ar i nternati onal markets
Logi cal l y justi fies how product i s
appropri atel y pri ced for i ntended
target market group
Jus ti fi es how product i s
appropri atel y pri c
ed for i ntended
target market group, but wi th
gaps i n l ogi c or detai l
Does not jus ti fy how product i s
appropri atel y pri ced for i ntended
target market group
3.8
Target Market:
Placement
Meets
“Proficient” criteria and
demons trates a nuanced
unders tandi ng of how to
s trategi ze product pl acement for
parti cul ar i nternati onal markets
Logi cal l y justi fies product
pl acement i n s peci fi c
i nternati onal market
Jus ti fi es product pl acement i n
s peci fi c i nternati onal market, but
wi th gaps i n l ogi c or detai l
Does not jus ti fy product
pl acement i n s peci fi c
i nternati onal market
3.8
Target Market:
Promotion Strategy
Meets
“Proficient” criteria and
demons trates a nuanced
unders tandi ng of how to
cus tomi ze
promoti on s trategy
to
parti cul ar i nternati onal markets
Devel ops appropri ate promoti on
s trategy for product i n s peci fi c
market, provi di ng l ogi cal
jus ti fi cation for s el ected
pl atform(s )
Devel ops promoti on s trategy for
product i n s peci fi c market,
provi di ng jus ti fication for
s el ec
ted pl atform(s ), but
promoti on s trategy i s l acki ng
detai l or rel evance to product or
jus ti fi cation has gaps i n l ogic
Does not devel op promoti on
s trategy for product i n s peci fi c
market
3.8
Pricing and Budgeting:
Overall Budget
Meets
“Proficient” criteria and
marketi ng budget i s es peci al ly
wel l al i gned wi th marketi ng
s trategy
Produces overal l budget for
marketi ng campai gn cons i sti ng of
al l requi red budget i tems bas ed
on marketi ng s trategy
Produces overal l budget for
marketi ng campai gn,
but does
not contai n al l requi red budget
i tems bas ed on marketi ng
s trategy or has gaps i n accuracy
Does not produce overal l budget
for marketi ng campai gn
4.75
Pricing and Budgeting:
Exact Pricing
Meets
“Proficient” criteria and
demons trates
a nuanced
unders tandi ng of pri ci ng opti ons
currentl y avai lable i n s peci fic
i nternati onal markets
Provi des exact pri ci ng for
s el ected promoti on s trategy
bas ed on current pri ci ng opti ons
i n s peci fi c i nternati onal market
Provi des exact pri ci ng for
s el ected
promoti on s trategy, but
wi th gaps i n accuracy wi th
res pect to current pri ci ng opti ons
i n s peci fi c i nternati onal market
Does not provi de exact pri ci ng for
s el ected promoti on s trategy
4.75
Pricing and Budgeting:
Product Price
Meets
“Proficient”
cri teri a and
s hows keen i ns i ght i nto how
fi s cal res pons ibility i s
i ncorporated i nto marketi ng
budgets
Determi nes whether the current
product pri ce covers the current
marketi ng budget, addres s i ng the
budget’s fiscal responsibility
Determi nes whether the cu
rrent
product pri ce covers the current
marketi ng budget, addres s i ng the
budget’s fiscal responsibility, but
wi th gaps i n accuracy or detai l
Does not determi ne whether the
current product pri ce covers the
current marketi ng budget
4.75
Pricing and
Budgeting:
Adjustments
Meets
“Proficient” criteria and
demons trates a nuanced
unders tandi ng of
pri ci ng
s ens i ti vi ty i n devel opi ng
marketi ng budgets
Logi cal l y eval uates the i mpact of
adjus tments of the product pri ce
to the hi ghes t
–
pri ced and
l owes t
–
pri ced competi tors on budget
Eval uates the i mpact of
adjus tments of the product pri ce
to the hi ghes t
–
pri ced and l owes t
–
pri ced competi tors on budget,
but has gaps i n l ogi c or detai l
Does not eval uate the i mpact of
adjus tments of the product pri ce
to
the hi ghes t
–
pri ced and l owes t
–
pri ced competi tors on budget
4.75
Conclusions: Impact
Meets
“Proficient” criteria and
demons trates a nuanced
unders tandi ng of the breadth of
i mpacts affecti ng new product
l aunches
Determi nes overal l i mpact of
product l aunch on company
Determi nes overal l i mpact of
product l aunch on company, but
wi th gaps i n accuracy or detai l
Does not determi ne overal l
i mpact of product l aunch on
company
6.3
Conclusions: Appraise
the Value
Meets
“Proficient”
cri teri a and
s hows keen i ns i ght i nto the
overal l val ue of l aunchi ng a new
product i n a forei gn market
Apprai s es the val ue of product
l aunch opportuni ty i n
i nternati onal market bas ed on
marketi ng techni ques empl oyed
Apprai s es the val ue of product
l aunch
opportuni ty i n
i nternati onal market bas ed on
marketi ng techni ques empl oyed,
but wi th gaps i n accuracy or
detai l
Does not apprai se the val ue of
product l aunch opportuni ty i n
i nternati onal market bas ed on
marketi ng techni ques empl oyed
6.3
Conclusions:
Sugge
stions
Meets
“Proficient” criteria and
s hows keen i ns i ght i nto how
future product l aunches coul d be
more s ucces s ful i n s peci fic
markets
Provi des appropri ate s ugges ti ons
for future product l aunches ,
s upporti ng wi th evi dence
Provi des appropri ate
s ugges ti ons
for future product l aunches , but
s ugges ti ons are not appropri ate
or l ack s upport
Does not provi de s ugges ti ons for
future product l aunches
6.3
Advertisement Design
Meets
“Proficient” criteria and
adverti s ement i s es peci al ly wel l
s ui ted to target i nternati onal
market
Creates rel evant adverti s ement
us i ng market
–
s peci fi c s trategy
Creates adverti s ement us i ng
marketi ng s trategy, but wi th gaps
i n detai l or rel evance to
i nternati onal market
Does not create adverti s ement
campai gn
3.8
.