The President of your company (whatever that is) gives you a special assignment. “Our board wants to open a business just like ours in a foreign country.” I know that you are taking an International Business course, so you are more knowledgeable than any of our executives about how to determine if this is a good idea.
Prepare a 7 to 10-page report (Professor has the options of making this an individual or pairs project) due by the end of Week 5 (Sunday).
You make work on this with a classmate, making one paper. If you work with a partner, communicate this in your submission box notes when you turn in the paper. Please tell me with which one of you submitted it first. By telling me this, I know which one will have the high SafeAssign results. Or you make work on the assignment by yourself. Either way, they are the same directions, which are:
1) Introduction: In order to capture and keep the attention of your boss when you present this project briefly include the following in your opening section:
2) Discussion: For the main portion of your paper, use the data you gathered on the countries you selected and your industry as well as the text and class discussion to make your case. Included discussion on how that fits with each potential country partner based on your requirements. You would include as a minimum a cultural analysis based on particular framework as well as industry appropriate analysis of infrastructure and current capabilities. Remember to demonstrate application and analysis by integrating those course concepts with specific details and country and industry examples.
If your paper has answered the questions along with addressing the instructions with 7-10 pages or 1500-2000 words, you have reached your goal! Either one that of the less amount will suffice. Whichever length that you reach first is fine.
a) briefly describe your business, products / services and what your business requirements are,
b) your specific objectives for the expansion: product development, extend sales into new markets, etc.
c) immediately declare your recommendation for or against this venture, with justification to follow
d) give a brief description of the kind of analysis you completed
a) your analysis of the business circumstances in each of the two foreign countries you are comparing,
b) your analysis of the fit between the country of your choosing and the product/service you will be providing,
c) several sources of data comparing both opportunities
3) Conclusion: Conclude by offering data-driven recommendation; Make sure your suggestions are clearly based on information gathered from current research and industry/country data as well as relevant course concepts. Be sure that your recommendation is feasible at this point in time. Be certain to integrate concepts and theories from the course into your discussion and to support and illustrate your ideas and conclusions with specific details and examples.
a) support for your recommendation for or against this venture, supported by comparing and contrasting the two country alternatives
b) the most appropriate entry strategy – describe three (3) steps in your strategy in each of the two countries (see Ch. 13 of the text and also “Levels of International Business.”
c) lay out recommendations for next steps.