Scenario
Imagine that you work as a senior manager in a company that operates within the same industry you have researched. In your management role, prepare a presentation for the company’s board of directors to help them decide about the best destination countries for global expansion.
Instructions
Assume the role of a strategic global manager and prepare a research paper re below:
1. Why Go Global? Explain why your company should expand globally. Convince the board of directors that global expansion will pay off for the company, using examples of the benefits the company will receive. Rely on your course reading and research into actual companies within the industry.
2. Where To Go Global? Political and Economic Concerns. Explain the political and economic issues a company should prepare for when expanding to a foreign country based on past experiences of countries in the industry.
2A. Research past and current company experience in different countries in the industry you selected to discover examples of companies meeting political and economic challenges in the countries.
2B. Describe barriers faced by each company as they operate in different economic and political systems.
3. Where To Go Global? Cultural Considerations. Evaluate how the cultural characteristics of a destination country will affect the business activities of a company that may be located there.
4. Recommendations. Recommend two preferred destination countries and two undesirable destination countries based on their political, economic, and cultural characteristics. It may be best to divide this into two slides, one for preferred countries and one for undesirable countries.
Purpose:
Examine the challenges of management in diverse economic and political systems in order to identify destinations for global expansion.
Recommend effective leadership and management practices for managers in international and global organizations operating in diverse cultures.
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