Assessment - Regional Integration A New Zealand Perspective
Outline: New Zealand has a number of Free Trade Agreements, one of which is the long standing Closer Economic Relationships (CER) agreement with Australia, Australia is one of New Zealand's largest trading partners, and the other agreement of prominence is the NZ China Free Trade. However, with the Trans Pacific Partnership Agreement (TPPA) has recently been agreed and soon to be ratified by 12 signatory governments, the Board of the Dairy company Tatua has engaged your International Business Consulting Firm to review the existing trade agreements and how the TPPA will impact on these existing markets and whether there are new opportunities to pursue.
Requirement: You are required to construct an inductive professional report for the Board of Tatua. The development of an inductive report is a strongly applied piece of work and must link theory and practice.
You are to from NZ Perspective answer the following questions:
1. Discuss the objectives of the CER & New Zealand China free trade agreements.
2. How have they benefited New Zealand society ?
3. How have they not benefited New Zealand society ?
4. Have they created wealth for some or all ?
a. Discuss from a New Zealand Perspective.
b. Discuss from the Dairy industry perspective. Are all sized ie. are small and medium sized companies benefiting ?
c. Discuss from Tatua's perspective - include; shareholders, employees and stakeholders such as government agencies.
5. How does the new TPPA impact New Zealand's existing Bi Lateral Trade Agreements - CER & the New Zealand China Free Trade Agreement ? Also discuss these impacts from Tatua's perspective, how does this impact on their existing markets and are there new opportunities to pursue ? What are the risks ? How would you mitigate them ? Do a PESTLE.
6. Finally make recommendations as to which markets to pursue and why.
These questions will cover topics from chapters;
1 - Globalisation
2 - National Differences in the Political Economy
3 - Political Economy and Economic Development
6 - International Trade
7 - The Political Economy of International Trade
8 - Foreign Direct Investment
9 - Regional Integration
Your report must:
The report must demonstrate comprehension of International Business Perspectives course. Therefore, whatever you choose you must make reference to International Business frameworks, concepts and terminology that you have encountered in workshops and self-learning, and from directed material and independent research.
This must be combined with industry material and data to provide sound argument, rationale and decisions, ultimately leading to recommendations that your report will produce.
Further, your report must:
- Be from the management perspective (i.e. not be a marketing report)
- Be real and addressable
- Use theory and practice to demonstrate knowledge
Length: 6,000 - 8,000 words (approximately 20 - 25 pages)
Report Format;
- Title
- Executive Summary
- Introduction
- Discussion - Answer Questions 1 - 5
- Conclusion
- Recommendation
- Presentation
- Bibliography / Research
Learning outcomes addressed:
1. Determine the scope and impact international trade has organisational and national growth.
2. Analyse the development of international business, the growth and the benefits and challenges for business operating in a globalised world.
3. Evaluate issues that affect the management of people and organisation in international business.
4. Develop strategies to enable managers to conduct business internationally.
5. Analyse and provide practical solutions to international business problems.