Description
Research Paper: This is a graduate course and students will be expected to research and write papers summarizing in their own words what they have found on current topics from the weekly readings. Research is a theoretical review of relevant literature and application of findings in the literature to a topic related to a specific industry, field, or business problem.
The research must be conducted using peer-reviewed trade or academic journals. While Blogs, Wikipedia, encyclopedias, course textbooks, popular magazines, newspaper articles, online websites, etc. are helpful for providing background information, these resources are NOT suitable resources for this research assignment.
Assignment Requirements:
- Choose a research topic from the chapter readings or from the list provided by your professor.
- Research/find a minimum at least ten (10), preferably fifteen (15) or more, different peer-reviewed articles on your topic from the University of the Cumberlands Library online business database. The article(s) must be relevant and from a peer-reviewed source. While you may use relevant articles from any time frame, current/published within the last five (5) years are preferred. Using literature that is irrelevant or unrelated to the chosen topic will result in a point reduction.
- Write a ten (10) to fifteen (15) page double spaced paper in APA format discussing the findings on your specific topic in your own words. Note - paper length does not include cover page, abstract, or references page(s).
- Structure your paper as follows:
- Cover page
- Overview describing the importance of the research topic to current business and professional practice in your own words.
- Purpose of Research should reflect the potential benefit of the topic to the current business and professional practice and the larger body of research.
- Review of the Literature summarized in your own words. Note that this should not be a “copy and paste” of literature content, nor should this section be substantially filled with direct quotes from the article. A literature review is a summary of the major points and findings of each of the selected articles (with appropriate citations). Direct quotations should be used sparingly. Normally, this will be the largest section of your paper (this is not a requirement; just a general observation).
- Practical Application of the literature. Describe how your findings from the relevant research literature can shape, inform, and improve current business and professional practice related to your chosen topic.
- Conclusion in your own words
- References formatted according to APA style requirements
Grading Criteria:
- Content Knowledge & Structure (40 points): All of the requested components are completed as assigned; content is on topic and related to corporate finance, critical thinking is clearly demonstrated (few, if any, direct quotations from the source in the paper); scholarly research is demonstrated; topics and concepts gained from the assigned reading and/or from research is evident.
- Critical Thinking (40 points): Demonstrates substantial critical thinking about topics and solid interpretation of materials and reflection.
- Clarity & Effective Communication (40 points): Communication is clear, concise, and well presented; scholarly writing is demonstrated; grammar, sentence structure, writing in third person, and word choice is used correctly.
- Integration of Knowledge & Articles (40 points): Articles used are current and relevant (preferably published within last five (5) years and MUST be from peer-reviewed journal article publications. At least four (4) peer-reviewed journal articles are examined and analyzed in the paper.
- Presentation & Writing Mechanics (80 points): Cover page, headings, in-text citations, page citations (page number citations required for specific information such as dates, years, list of items from article, names, numbers, statistics, and other specific information), and references are properly formatted.
Explanation & Answer
Attached.
Running header: RESEARCH PAPER
Risks of International Business
Student’s Name
Institutional Affiliation
Course
RESEARCH PAPER
2
Introduction
The term international business entails all commercial activities conducted to promote the
transfer of technology, ideas, people, products, resources, and services across national
boundaries. International business can occur in various forms. These include the movement of
products from one country to another (trade, import, export), contractual arrangements that allow
a foreign firm to use processes, services, and products from other countries (franchising,
licensing), and the formation and operations of research and development, manufacturing, sales,
and distribution facilities in a foreign market. Technological advancements, better
communication, and innovative methods have played a significant role in pushing business to
global frontiers. This has, in turn, enabled industries to go global to various markets beyond
national borders. International business typically describes all the commercial transactions, both
private and governmental, that occur between various countries. Although the term may be seen
as relatively new, it has existed since the period of early civilization. Different goods were traded
by ancient cultures such as in Europe, Egypt, and the Roman Empire. Merchants traveled long
distances to foreign territories to trade, make money, and crucial business connections.
Archaeological evidence even proves the existence of various routes that people used to travel in
various regions of the world. This paper contains an overview of the research topic, followed by
the purpose of the research, literature review, and practical application of the literature.
Overview
International business has made tremendous steps in the past century. A reduction of
government restrictions and improved political relationships have played a key role in increasing
trade globally. For example, the United States exports and imports goods from all over the world,
which has been increasing over the years. The influence of technology has been powerful in all
RESEARCH PAPER
3
aspects of international business. From transportation to communication and everything I
between, technological innovation has been a major driving force in global industries. For
example, anyone with internet access and a credit card can conveniently buy merchandise online
and have it delivered to their location. It is also possible to conduct business online,
communicate, and make travel arrangements.
Today, different countries worldwide are witnessing a significant change in how they
deliver and market numerous services and products. In the past, national economies focused on
accomplishing self-sustainability. This has, however, changed with a shift towards international
business and interdependence. This important change may be attributed to various factors, such
as the development of infrastructure, communication, innovation, and correspondence.
Countries that were previously far from each other due to geographical separations and
social and financial contrasts can now connect with each other. The establishment of the World
Trade Organization by the administrations of various countries is a major factor for the increased
connections and business relationships between countries worldwide. The national economies
are becoming borderless and fused into the global economy, and the world has been considered a
global village. Most organizations are taking the path towards the international business, which
offers an opportunity for development, among other tremendous benefits.
International business can benefit a business and the nation. The benefits to a country
include foreign exchange, which can be used to import goods and services from the international
market. International business also prompts specialization of a nation in the production of goods
which it creates in the most affordable and best way. A country will enhance its development
prospects and thus create employment opportunities.
RESEARCH PAPER
4
International business also makes it comfortable for people to utilize products and
services produced in other countries, which improves their standard of life. When it comes to
benefits to firms, the international business helps in improving the profits of the companies by
selling goods and services in the countries where costs are high. It help...