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G1-Module 6 IB Current Event Discussion

G1-Module 6 IB Current Event Discussion

Q • The purpose is to help the class keep abreast of what is going on in international business and gain new knowledge about current market trends. • You must make your own posting – current event with a focus on the scheduled chapter topic(s). • In your main posting, a) its summary with a link or source, b) your reflection by incorporating what you have learned, c) specific themes from the assigned chapters in each module relating to the current event/article that you choose, and d) discussion question(s) for the group members to encourage further discussion on the topic(s). • Tips for initial main posting For your summary, do not copy and paste contents from the original article. For your reflection, elaborate what you have learned from the assigned chapters by taking international business perspectives. For example, what could be implications for MNEs or international business players from a topic of your article? For encouraging group discussion, take international business perspectives asking IB relevant questions. • After making your own posting, respond at least two other students’ posts to get maximum points. • Check in and participate in the discussion more than three separate days per week. o Responses all on one day will cause a deduction of 4 points. Responses all on two days will cause a deduction of 2 points. Responses using last three separate days in in a row will cause a deduction of 1 point. o Therefore, Participate and reply to others EARLIER in the WEEK rather than at the last possible moment. o Discussions will be open for a week to allow all students an opportunity to respond. Check the calendar for scheduled discussions. • Participation will be evaluated not solely on the number of responses but the quality of the response and the contribution to the understanding of the issue.

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In the article titled, How to Estimate Market Demand (https://smallbusiness.chron.com/estimate-market-demand-24394.html), there have been insights provided about the most effective ways to estimate market demand. For example, there has been advice given to conduct surveys of consumers so that market demand can be estimated (Scilly, 2020). Moreover, there has been advice given to ensure that data available in the internet or in other public forums is considered. The calculation/prediction of the sales percentages is important for organizations to ensure that demand can be estimated appropriately.