Global Business

GLOBAL TRADE OPERATIONS - A2 (Template Version)

Table of Contents
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Table of Contents

DETAILED INSTRUCTION

A/ ASSIGNMENT RECAP

Students in a group are asked to write a 3300 word report on a port of their choice. In the middle of the process, you are asked to deliver a 15-18 minute presentation that summarizes the content of your report to receive feedback from the class.

 

Structure

Executive Summary

  • Location
  • Historical data
  • Competitive advantage
  • Comparative advantage
  • Challenges
  • Recommendation

Introduction

  • Introduction to Port
  • Aim
  • Topics covered.

Body

  • Overview
    • Historical evolution
    • Operational Function
  • Competitive advantage
  • Comparative advantage
  • Challenges and recommendation

Conclusion

 

B/ KEYWORD EXPLANATIONS

 

  1. Hinterland - The inland area connected to a particular port, often serving as the port's primary catchment area for imports and exports.
  2. Intermodal Capabilities - The ability of a port to seamlessly transfer goods between different modes of transportation (e.g., ships, trains, trucks) for efficient logistics.
  3. Competitive Advantage - A unique set of attributes or strategies that allows a business or, in this context, a port, to outperform its competitors.
  4. Comparative Advantage - The ability of a country, or in this case, a port, to produce a particular good or service more efficiently than another, leading to a lower opportunity cost.
  5. Operational Challenges - Issues or difficulties faced by a port in its day-to-day functioning, such as logistical problems, infrastructure limitations, or regulatory hurdles.
  6. Comparative Advantage Analysis - Evaluating which country or port has a more efficient and cost-effective production capability for a specific product compared to another.

D/ DETAILED OUTLINE

  1. Executive Summary
  • Location (1 sentence)
  • Historical data (1 sentence)
  • Competitive advantage (1 sentence)
  • Challenges & Recommendation (1 sentence)
  • Comparative advantage (1 sentence)
  1. Introduction (1-2 slides)
  • Introducing global context
  • Global trade and commerce context

Example:

Globalization, as defined by Kyove (2021), is the increasing worldwide exchange of goods, services, technology, and jobs. This surge has significantly boosted international trade, reaching a record $28.5 trillion in 2021 (UNCTAD, 2022). As a result, the growing global business trend necessitates strategic placement of key trading centers at vital global intersections.

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