Assignment on International Business
Order ID 53563633773 Type Essay Writer Level Masters Style APA Sources/References 4 Perfect Number of Pages to Order 5-10 Pages
Assignment on International Business: An Overview
given by a robot Noodles Jajangmyeon Citizens in Seoul’s near future will be able to order jajangmyeon Chinese-Korean noodles, buy medicine, and shop for magazines from the comfort of their own homes, and have them delivered in half an hour by a robot. Kim Bong-jin, the founder of South Korea’s most popular food-delivery app, is hoping that autonomous devices the size of a small cooler will help his Baedal Minjok delivery service keep a hold on a market flooded with newcomers. In one of the world’s fastest-aging countries, the goal is to decrease expenses, eliminate delivery-related risks, and deal with a labor shortage. Kim is optimistic that his Dilly robots will begin delivering goods in three years. Woowa Brothers Corp, the business behind Baedal Minjok, has raised US$320 million in funding from Hillhouse Capital, Sequoia Capital, and GIC in the United States to assist construct a prototype that will be available soon. According to Markets & Markets Research Private Ltd, the worldwide service robotics industry is expected to nearly quadruple to US$29.8 billion by 2023. Kim’s start-up company, valued at 3 trillion won (US$2.7bil), presently processes roughly 28 million orders per month. It is difficult to get delivery to the 51 million people that dwell in the country.
First and foremost, Kim’s Dilly robots must be able to maneuver in metropolitan environments dominated by tall residential structures. He has devised a solution by collaborating with a local company to enable elevators to communicate with delivery robots. The idea is to attract clients like Lee Dong-woo, who orders food at home at least once a week and has everything from fried chicken to rice noodles to raw beef delivered to his door. The 39-year-old Seoul office worker stated, “I wouldn’t mind robots getting my orders at all.” In fact, I’d prefer it because I wouldn’t have to deal with the occasionally obnoxious deliverymen. 3 Kim has been assembling a team of robots experts and collaborating with Bear Robotics Inc., based in Sunnyvale, California, on devices that transport food to restaurant tables. Kim believes that his Dilly robots will be able to do simple duties in the future, such as rubbish collection or bringing a homemade lunch. According to Jing Bing Zhang, an analyst at IDC, there is an increasing trend of deploying robots to accomplish jobs that humans do not want to do. There are still a number of technical hurdles to be addressed.
There may be some safety worries, particularly in urban locations like Singapore, Shanghai, and Seoul, about whether they will be hit by other vehicles or hit people. People are first opposed to the thought of robots wandering their apartment complexes, according to Kim. The Dilly robots, according to critics, would frighten children and make their real estate less appealing. Some people may still prefer humans since they aren’t used to dealing with robots for payments and other services, said Jin Se-taek, who leads a group of roughly 1,100 families in Seongnam, south of Seoul.
Kim does not believe in having people work longer than necessary, despite the fact that his company is one of South Korea’s six unicorns, according to CB Insights. Kim doesn’t allow his employees to work more than 35 hours a week, which is five hours less than most South Korean enterprises. He’s pleased with the boost in production so far. We didn’t put this in place so we could take it easy, Kim explained. My goal was to create a work environment that allowed us to focus better. We should never stop considering how we may improve the way we work in order to improve the way we live. According to Bloomberg
Please note that you must read part 2.4 of Unit 2 as well as current subjects on artificial intelligence, aging society, and cross-border funding in order to answer this question. Use your own words as much
(a) South Korea, according to the article, is one of the world’s fastest-aging countries. Examine how robot delivery services can assist this segment of society in countries facing similar challenges. (30 points)
(a) Discuss if technological advancements will render present jobs obsolete. (40 points)
(c) Kim Bong-Jin raised funds for his business from a variety of sources, including overseas. Consider how globalization has made cross-border fundraising possible. (30 points)
QUALITY OF RESPONSE NO RESPONSE POOR / UNSATISFACTORY SATISFACTORY GOOD EXCELLENT Content (worth a maximum of 50% of the total points) Zero points: Student failed to submit the final paper. 20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. 30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. 40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. 50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. Use of Sources (worth a maximum of 20% of the total points). Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. 5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. 10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. 15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. 20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. Grammar (worth maximum of 20% of total points) Zero points: Student failed to submit the final paper. 5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors 10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors 15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. 20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. Structure of the Paper (worth 10% of total points) Zero points: Student failed to submit the final paper. 3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. 5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper 7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. 10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper.
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