mg midterm exam 1

International entrepreneurship involves the application of entrepreneurial principles to global business. Answer the following:

What would make an entrepreneur more likely to be successful in global markets than merely a domestic one?

What are the principal risks that an entrepreneur may experience in global markets that are not present in a domestic one?

Please answer each of the above questions in essay format. Your answer should be at least two pages long in normal type, but there is no word limit. Please provide at least ten different points for each answer. Please provide long enough and complete enough answers so that I can adequately assess your understanding of the questions and the subject matter. You must answer in your own words. The test is open book. You will be provided a higher grade for complete, well thought out and detailed answers.

To view the grading rubric for this exam, please see below.

Exam Rubric

Criteria

Ratings

Pts

This criterion is linked to a Learning OutcomeCritical Analysis(Understanding of Readings, Videos and Outside References)

32.0 pts

Exemplary

Answers to exam show complete evidence that readings, videos and discussion boards were completed and understood. Exam answers are full, lengthy and show absolute knowledge of course content. Supporting statements with concepts from the readings, videos, discussion boards, outside resources, relevant research, or specific real- life application with citations are manifest in each answer and well applied logically to each answer.

16.0 pts

Limited

Answers to exam show some evidence that readings, videos or discussion boards were completed or understood. Exam answers are brief but show some knowledge of course content. Supporting statements with concepts from the readings, videos, discussion boards, outside resources, relevant research, or specific real- life application or citations are few.

0.0 pts

Unsatisfactory

Answers to exam show little or no evidence that readings, videos or discussion boards were completed or understood. Exam answers are brief or not made at all. Supporting statements with concepts from the readings, videos, discussion boards, outside resources, relevant research, or specific real- life application or citations are absent.

32.0 pts

This criterion is linked to a Learning OutcomeAnswering the Question Asked

32.0 pts

Exemplary

Answers respond in full to the questions posed. There is complete evidence that the correct answer is known as it is clearly stated.

16.0 pts

Limited

Answers respond in part to the questions posed. There is some evidence that the correct answer is known or the question is answered in part.

0.0 pts

Unsatisfactory

Answers do not respond to the questions posed. There is no evidence that the correct answer is known or the question is not answered at all.

32.0 pts

This criterion is linked to a Learning OutcomeCompleteness of Answers

32.0 pts

Exemplary

The answers provided are complete, make sense, are fully understandable that the question has been answered, and directly answer the question asked. The answers are not in bullet point form, but paragraphs that address and substantiate the points made, alternative arguments are pointed out where applicable and points discussed with clear reasoning.

16.0 pts

Limited

The answers provided are partially complete, make some sense, are too short for a full grade but are partly understandable if the question has been answered, and some attempt has been made to directly answer the question asked. The answer may be in bullet point form and not fully supported or substantiated.

0.0 pts

Unsatisfactory

The answers provided are incomplete, do not make sense, are too short to understand if the question has been answered, or are not made at all.

32.0 pts

This criterion is linked to a Learning OutcomeSubstance & Substantiation of Answers

32.0 pts

Exemplary

The questions are answered in a fully substantive way. There is reasoning given for the answers provided and a basis given for any answer made. There is complete substantiation of an answer from a source or reasoning provided.

16.0 pts

Limited

The questions are answered in a partially substantive way. There is some reasoning given for the answers provided or basis given for any answer made. There is some substantiation of an answer from a source or reasoning provided.

0.0 pts

Unsatisfactory

The questions are not answered in any substantive way. There is no reasoning for the answers provided or basis given for any answer made. There is no substantiation of any answer from any source or reasoning.

32.0 pts

This criterion is linked to a Learning OutcomeQuality of Writing and Proofreading

32.0 pts

Exemplary

Written responses contain no grammatical, spelling or punctuation errors. The style of writing facilitates completely effective communication and is always in complete sentences.

16.0 pts

Limited

Written responses contain some grammatical, spelling or punctuation errors. The style of writing does not always facilitate effective communication and is not always in complete sentences.

0.0 pts

Unsatisfactory

Written responses contain numerous grammatical, spelling or punctuation errors. The style of writing does not facilitate effective communication.

32.0 pts

Total Points: 160.0