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Elements and Performance Criteria

  1. Review the global market environment
  2. Assess international business and electronic commerce market factors
  3. Identify risk factors for international marketing opportunities
  4. Investigate international business and electronic commerce marketing opportunities

Required Skills

Required skills

communication skills to gather information and to communicate with cultural sensitivity

culturally appropriate communication skills to relate to people from diverse backgrounds and people with diverse abilities

literacy skills to read and interpret information from a variety of sources

research information management and evaluation skills to determine viable international business opportunities through careful analysis of market and risk factors

technology skills to use a range of office equipment and software when conducting electronic commerce

Required knowledge

Australian Standards and international standards including those covering

environmental matters

human rights

labour relations

packaging

risk management

crosscultural communication and negotiation styles relevant to the country or countries being considered for market entry or for further market penetration

global and country specific economic social and industry directions trends practices and techniques

Organisation for Economic Cooperation and Development OECD International Guidelines for Consumer Protection in the Context of Electronic Commerce

Australian Government Policy Framework for Consumer Protection in Electronic Commerce

Australian Guidelines for Electronic Commerce

key provisions of relevant legislation from all forms of government codes of practice and national and international standards that may affect aspects of business operations within Australia and internationally such as

antidiscrimination legislation

consumer laws

ethical principles

extraterritoriality provisions of the Trade Practices Act

foreign investment limits

labour laws

legal aspects of bilateral and multilateral trade agreements

privacy laws

taxation laws

World Trade Organization WTO dispute resolution system

organisational business and marketing plans products and services

software applications used in conducting international electronic commerce

Evidence Required

The Evidence Guide provides advice on assessment and must be read in conjunction with the performance criteria required skills and knowledge range statement and the Assessment Guidelines for the Training Package

Overview of assessment

Critical aspects for assessment and evidence required to demonstrate competency in this unit

Evidence of the following is essential

documenting and presenting an evaluation of various international marketing opportunities including

analysing the global business environment

assessing social cultural political and economic factors impacting on the selection of which market opportunities to select

conducting a risk assessment for each opportunity considered

analysing the financial viability of selected international marketing opportunities

Context of and specific resources for assessment

Assessment must ensure

access to information sources on countries and markets being considered for entry or further penetration

access to office equipment and resources

access to examples of previous international marketing evaluation documents strategic plans and marketing plans

Method of assessment

A range of assessment methods should be used to assess practical skills and knowledge The following examples are appropriate for this unit

analysis of responses to case studies and scenarios

assessment of written reports on evaluation and selection of marketing opportunities

direct questioning combined with review of portfolios of evidence and third party workplace reports of onthejob performance by the candidate

observation of presentations on market evaluation activities

observation of techniques used to identify and assess risks and to financially analyse possible market opportunities

oral or written questioning to assess knowledge and understanding

review of authenticated documents from the workplace or training environment

review of testimony from team members colleagues supervisors or managers

Guidance information for assessment

Holistic assessment with other units relevant to the industry sector workplace and job role is recommended for example

BSBMKGB Manage international marketing programs

BSBMKG606B Manage international marketing programs

other marketing units


Range Statement

The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording, if used in the performance criteria, is detailed below. Essential operating conditions that may be present with training and assessment (depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts) may also be included.

International business and electronic commerce market factors may include:

cost of funds

cultural and political groupings

currency exchange rates

customer service factors

distribution channels

geographical groupings

government assistance

growth factors

incentives

industrial structure

interest rates

investment rates

level of economic development

online customer groupings

political systems

social and cultural factors

tariffs

technology and telecommunications infrastructure

trade groupings

trade relations with Australia

trade restrictions

virtual communities

International trade policies and agreements may include:

customs unions

bilateral trade agreements such as:

Australia-US Free Trade Agreement (AUSFTA)

Singapore-Australia Free Trade Agreement (SAFTA)

Thailand-Australia Free Trade Agreement (TAFTA)

Australia-New Zealand Closer Economic Relations Trade Agreement (ANZCERTA)

multi-lateral trade agreements such as the WTO agreements for goods, services and intellectual property, including:

agriculture

air transport

anti-dumping measures

customs valuation methods

financial services

health regulations for farm products

import licensing

investment measures

movement of natural persons

preshipment inspection

product standards

rules of origin

safeguards

shipping

subsidies and counter measures

telecommunications

textiles and clothing

other multi-lateral trade agreements such as:

European Union trade regulations

International marketing opportunities may include:

agents

direct investment

exporting

intermediaries

joint ventures

licensing

online business opportunities

strategic alliances

Social and cultural factors may include:

behaviours

currency

customs

family role and status

language

legal system

political system

preferences

social values

traditions

Risk factors may include:

available technology

communication systems

corruption risks

cultural factors

financial stability

language factors

legal and regulatory requirements

legal risks in selling goods and services online to the international market

logistics

political stability

resource availability, sustainability and management

resource capability and capacity

telecommunications infrastructure

trade barriers

transportation systems

work factors

Economic conditions may include:

depression

prosperity

recession

recovery