ASSESSMENT METHODS SIM-UB Undergraduate Program MGG150 Business and Society FALL 2024 Item#1: Attendance & participation Item#2: Mid-term Quiz Item#3: Final Quiz Item#4: Group project report Item#5: Group presentation TOTAL Instructor: E-mail: Document version: File name: 10% 20% 30% 20% 20% 100% Mr. TANG Dick Shun dickshun@buffalo.edu Version II MGG150_Assessment Methods_DTang_20240818.docx Note: Instructor reserves the rights to make changes to assessment methods, syllabus, schedule and /or other materials. Changes may be done at the discretion of the instructor. Page 1 of 10 Summary of assessment (FALL 2024) Week Day Session Content MON WED Class Date 26-AUG 28-AUG W1 1 2 Class Overview Chapter 1 W2 MON 2-SEP 3 Chapter 2 W3 WED MON 4-SEP 9-SEP 4 5 Chapter 3 Chapter 4 WED 11-SEP 6 MON 16-SEP 7 Group Project Updates Chapter 5 WED 18-SEP 8 Chapter 6 MON WED MON WED 23-SEP 25-SEP 30-SEP 2-OCT 9 10 11 12 Chapter 7 Mid-term Quiz Chapter 8 Chapter 9 MON 7-OCT 13 Chapter 10 WED 9-OCT 14 Chapter 11 W4 W5 W6 W7 W8 W9 MON WED MON 21-OCT 15 Semester break Semester break Chapter 12 W10 WED MON 23-OCT 28-OCT 16 17 Chapter 13 Chapter 14 WED 30-OCT 18 MON 4-NOV 19 Group Project Check Chapter 15 WED MON WED MON WED MON 6-NOV 11-NOV 13-NOV 18-NOV 20-NOV 25-NOV 20 21 22 23 24 25 Chapter 16 Content recap Revision Final Quiz Special biz topic Finale lecture W11 W12 W13 W14 Topic Exploring the World of Business and Economics Ethics and Social Responsibility in Business Global Business Choosing a Form of Business Ownership Small Business, Entrepreneurship, and Franchises Understanding the Management Process Creating a Flexible Organization Producing Quality Goods and Services Attracting and Retaining the Best Employees Motivating and Satisfying Employees and Teams Building Customer Relationships Through Effective Marketing Creating and Pricing Products That Satisfy Customers Distributing and Promoting Products Exploring Social Media and eBusiness Using Management and Accounting Information Mastering Financial Management Disclaimer: For illustration only. The instructor reserves the rights to make changes to this syllabus / course outline. Page 2 of 10 General expectations Academic integrity All acts of academic dishonesty (including, but not limited to, plagiarism, cheating, fabrication, facilitation of acts of academic dishonesty by others, unauthorized possession of exam questions, or tampering with the academic work of other students) are serious offences. All work presented in class must be the student’s own work. Any student caught violating this policy may result in the student receiving zero marks for the component assessment or a fail grade for the course. All work presented in this class must be students’ own work, and not copied without appropriate citation from any source, including the Internet. Any violations to academic integrity will be dealt severely and result in disciplinary action, which may include award of zero marks for the assignment or a fail grade for the class. Submission of assessment • Observe the prescribed deadlines stated in each of the assessment items. Time is of essence. • Please check with the instructor for further details. • Late submission work will not be marked, thus resulting in zero score. • Submit only one and final version of assessment to the instructor. Once submitted, any subsequent versions or amendments will not be acknowledged. • Keep backup copies of all assessments submitted until final grading of the course is announced. This is to safeguard students’ own interest in case of school computer system breakdown or document loss. • Prepare soft copies of assessment under Word or PowerPoint or pdf format. If you are using other computer systems, please convert them into Word or PowerPoint or pdf. Page 3 of 10 Item#1: Attendance & participation Description This assessment aims to evaluate a student’s contribution to class discussion. Topics / Instructions The following categories will be used by the instructor when possible. Excellent: The student is actively listening to seminar and demonstrates very good ability to contribute his/her ideas to issues that are raised by the instructors. The student also shows patience in listening to the views of his peers and relates the views of the class before making his own contribution. It is obvious that these are contributions that reflect exceptional preparation and reading before class. Ideas offered are always substantive and provide one or more major insights as well as direction for the class. Good: The student occasionally attempts to listen to seminar and contributes his/her ideas to issues that are raised by the instructors. The student makes effort to listen to the views of his peers and sometimes relates the views of the class before making his own contribution. Poor: The student rarely attempts to listen to seminar and rarely contributes his/her ideas to issues that are raised by the instructors. The student seldom listens to the views of his peers nor tries to relate the views of the class before making his own contribution. Contributions in class reflect little preparation and reading before class. The above is for general illustration only. Refer to instructor for details. Format In-class participation and discussion Due • Students are expected to contribute class discussion regularly. It is student’s responsibility to keep and maintain evidence of contribution, if necessary. Page 4 of 10 Item#2: Mid-term Quiz Description This assessment aims to examine the understanding of major academic concepts learnt. Topics / Instructions This quiz will be conducted electronically, consisting of multiple choice and true / false questions (if applicable). This is a closed-book quiz typically carried out during class hours. To prepare for this assessment, students are advised to refer to the slides, textbook chapters and content delivered by instructor. Format • Closed-book, in-class quiz • Use of students’ laptops or electronic devices in class • Multiple choice questions only • Time allowed: 30 mins Due This assessment will be conducted in middle of the academic semester. Refer to instructor for details. Page 5 of 10 Item#3: Final Quiz Description This assessment aims to examine the understanding of major academic concepts learnt. Topics / Instructions This quiz will be conducted electronically, consisting of multiple choice and true / false questions (if applicable). This is a closed-book quiz typically carried out during class hours. To prepare for this assessment, students are advised to refer to the slides, textbook chapters and content delivered by instructor. Format • Closed-book, in-class quiz • Use of students’ laptops or electronic devices in class • Multiple choice questions only • Time allowed: 30 mins Due This assessment will be conducted towards the end of the semester. Refer to instructor for details. Page 6 of 10 Item#4: Group project report Description This group project report aims to assess students’ ability to apply what they have learnt into a real-life context. Students are required to form into groups to work on a group project report and to provide recommendations for a US-based company. All group members will be graded the same mark as awarded to the group’s submission. Topics / Instructions 1. Research on the “Russell 2000” index and select ONE company from the index with HQ in the United States. 2. Assume your group project team is now being engaged by this company to advise them on strategies related to business and society. This company is now exploring opportunities to enter a country market outside the United States. 3. Assume your team is going to help this company explore opportunities outside US. You should recommend a country that they currently do NOT have presence. Useful resources: https://www.barchart.com/stocks/indices/russell/russell2000 https://money.cnn.com/data/markets/russell Format • Word count: approximately 5,000 to 7,000 words excluding references and appendix • All pages must be numbered using format “Page x of y” • Use 12-point font with 1.5 line spacing, printed on A4 papers (electronic) • Soft or electronic copy for submission. Paper copy NOT required. • All submissions should include a group cover page (1 page only) prepared by each team. This one-page team cover page to be prepared by each team. It shall include: course code, course title, academic year, topic of the report or project, each student's name, student's number • No students are allowed to leave or switch groups without the knowledge and consent of the instructor • Save filename as "GroupX_ProjectReport_MGG150_(CompanyName).docx" Due This assessment will be due towards the end of the semester. Refer to instructor for details. Page 7 of 10 Document structure 1. GROUP COVER PAGE 2. TABLE OF CONTENTS 3. EXECUTIVE SUMMARY (~ 300 words) 4. COMPANY PROFILE 4.1. Company basic information e.g. company name, stock code, street address, website, industry 4.2. Organization set-up e.g. number of full-time employees, CEO name, form of ownership, existing offices outside the United States 4.3. Business description e.g. key products or services, competitors 5. BACKGROUND ANALYSIS 5.1. SWOT analysis (related to expanding beyond the US market) 5.2. Top two reasons to expand beyond the US market 6. COUNTRY SELECTION 6.1. Country profile e.g. climate, population size, economic indicators 6.2. PEST analysis 6.2.1. Political 6.2.2. Economic 6.2.3. Socio-cultural 6.2.4. Technological 7. MODE OF ENTRY 7.1. Recommended mode of entry (Licensing / Exporting / JV / Totally Owned Facilities / Others) 7.2. Justification on the mode of entry 7.3. Target customers & positioning 7.4. Major party involved (1 only) 7.5. Other parties involved (optional) e.g. chamber of commerce, industry association 8. PRODUCT AND PRICING 8.1. Product / service details 8.2. Product life cycle (in target country) 8.3. Pricing objectives (Survival / Profit Maximization / Target Return on Investment / MarketShare Goals / Others) 9. PROMOTION 9.1. Advertising 9.2. Personal Selling 9.3. Sales Promotion 9.4. Public Relations 9.5. Others, if applicable 10. CONCLUSION & RECOMMENDATIONS (~ 700 words) 11. REFERENCES 12. APPENDIX 1: BASIC PROJECTIONS e.g. revenue projection (3 years), cost of goods sold, operating expenses, net income 13. APPENDIX 2 etc: (others if applicable) Marking criteria (Report) 1 CRITERIA Identification of company issues 2 Analysis of country dynamics /10 3 Practicality of proposed business ideas /10 4 Linkage across sections /10 5 Use of academic concepts /10 6 Use of examples /10 7 Use of data & statistics /10 8 Use of visual materials /10 9 Formatting and readability (ease for readers to understand) /10 10 Sequential inclusion of all required report areas /10 Page 8 of 10 MARKS /10 Item#5: Group presentation Description This assessment aims to evaluate students’ abilities in organizing and presenting key learnings related to the project they embarked on. Not every single group member needs to do the presentation. It is up to each group’s coordination. All group members will be graded the same group mark. Topics / Instructions Each group will undertake an oral presentation of their group project demonstrating lessons learnt in the project as well as in the semester. Format • Submit slides to instructor 24 hours before start of presentation • Save slides as "GroupX_PresentSlides_MGG150_(CompanyName).ppt" • Save video as “mp4” • Duration: Refer to instructor for details Due This assessment will be due towards the end of the semester. Refer to instructor for details. FAQ (Frequently asked questions) Q1: What is the main objective of this presentation? A: The main objective is to share with fellow students your research and lesson learnt during the group project. Q2: What is the ideal approach in structuring this presentation? A: You can imagine that you are presenting to a “senior business leader from your Client” who sit in the class on the presentation date. This guest never reads the report you submitted and never attends any class session. Given the time limit, your job is to brief this leader on the essential points from your project and make recommendations. This presentation shall NOT be a direct duplicate of the report. Marking criteria (Presentation) 1 CRITERIA Clear articulation of business issues 2 Suitable visual materials /20 3 Smooth transition flow /20 4 Attempt to engage the class /20 5 Subject knowledge /20 Page 9 of 10 MARKS /20 Grading information Grading: Please find below a list of typical grading and interpretation. UB Letter Grade % Equivalent A 93.0 – 100.0 A90.0 – 92.9 B+ 87.0 – 89.9 B 83.0 – 86.9 B80.0 – 82.9 C+ 77.0 – 79.9 C 73.0 – 76.9 C70.0 – 72.9 D+ 67.0 – 69.9 D 60.0 – 66.9 F1 00.0 – 59.9 F2 00.0 – 59.9 F3 00.0 Interpretation High Distinction High Distinction Superior Superior Superior Average Average Average Minimal Passing Grade Minimal Passing Grade Failure* Failure** Failure, no participation *participated after the 60% of the session **started participating but stopped before the 60% point of the session Disclaimer: For illustration only. Please refer to university for latest official grading information. <END> Page 10 of 10