Learning Goal: I’m working on a international trade writing question and need an explanation and answer to help me learn.In this project, you will demonstrate your mastery of the following competencies:· Explain the drivers of globalization and how they impact business decisions· Differentiate between domestic and international business environments· Describe the factors that contribute to international market attractiveness and entryScenarioYou are a business analyst working at a small domestic organization that produces high-quality baseball bats. Your organization has begun to see its sales flatten in the domestic market. While the organization is not losing money, leadership would like to explore options to continue growth. One option that leadership has noticed competitors attempting is entering international markets.You have been asked to examine the benefits, drawbacks, and key considerations for your organization to enter one of the global markets below, and to summarize your findings in a business brief for leadership.Select one of the following international markets to use for your course project: CANADA (picked).DirectionsDevelop a business brief that explains why many organizations are investing in efforts to expand their businesses internationally, the key impacts of global business, and cultural considerations for entering the global market. You will then create a market profile and outline market considerations for your chosen international market. Use the Business Brief Template in the What to Submit section to complete this project.1. Drivers for Global Entry: Explain the purpose of global expansion, business impacts of global business, societal impacts of global business, and cultural considerations using evidence from course and outside resources to support your explanations.A. Purpose of Global Expansion: Explain key benefits of successful global expansion for domestic organizations.B. Business Impacts of Global Business: Explain how global expansion of a domestic organization can impact business operations such as strategic planning, marketing, supply-chain management, human resources, and so on.C. Societal Impacts of Global Business: Explain how the global expansion of organizations has impacted society, citing specific examples regarding culture, transportation, employment, infrastructure, and environmental climate.D. Cultural Considerations for Global Business: Explain the importance of researching the culture of a potential global market prior to market entry, as well as key cultural considerations to explore to inform expansion decisions.2. Market Profile: Compare and contrast important cultural, political, and economic elements of your selected market versus the United States to explain similarities and differences between cultural practices, attitudes, economic factors, and political environments.A. Cultural Profile: Compare and contrast important cultural elements of your selected market against those in the domestic market, including communication, values and attitudes, cultural dimensions, and so on.B. Political and Economic Profile: Compare and contrast important political and economic factors for your selected market against those in the domestic market, including political systems, current leaders, and economic measures or characteristics used in classification.C. Legal and Regulatory Profile: Compare and contrast important legal and regulatory requirements of your selected market against those in the domestic market, including trade restrictions, regulations of products or services, legal processes for business transactions, and import restrictions or documentation.3. Market Considerations: Compare and contrast important market considerations for your selected market against those in the domestic market. Explain the similarities, differences, and considerations for conducting business between the two markets, such as general legal and regulatory requirements, monetary and management logistics, and mode-of-entry considerations.A. Monetary Considerations: Explain how monetary considerations such as currency, exchange rates, and exchange-rate management would impact the organization’s decision to expand into your selected market, using current exchange rates between your selected country and the United States to support your explanations.B. Management and Logistics Considerations: Explain management and logistics practices that best address human-resource considerations for your selected market, such as management approaches or staff and labor laws and their impact on policies and procedures.C. Mode of Entry Considerations: Describe advantages and disadvantages for traditional modes of entry that would be most appropriate for entering into your selected market.What to SubmitTo complete this project, you must submit the following: Template: Business Brief Your completed Business Brief template should be a 750- to 1,000-word Word document. Sources should be cited according to APA style.
Learning Goal: I’m working on a international trade writing question and need a sample draft to help me learn.FINAL PROJECTEvery organization conducts research to plan and implement a business idea. This project is designed to provide the foundation for an international business plan. The framework may be used for planning global expansion of an existing product or service, or may be used to research a new foreign business opportunity. Format: 5 Page Paper (1,250 words double spaced) which summarizes the benefits and challenges of doing business internationally. Choose any country(CANADA), except the US or your home country and research the possible importation of a product or service. Your weekly assignments should be helpful in compiling the research for your final project!Please use graphics, images, videos to tell a complete and interesting story. Attached is an outline for the project.I have attached my weekly assignments, Class book, and Outline that should help create this paper.Helpful ResourcesGlobal Edge CyberSite: http://globaledge.msu.edu/ (Links to an external site.)
World Bank Doing Business: https://www.doingbusiness.org/ (Links to an external site.)
Requirements: 1250 Word Min. | .doc file
Learning Goal: I’m working on a international trade multi-part question and need a sample draft to help me learn.What are the two types of competitive pressures that firms competing in the global marketplace face? How do firms respond to these pressures?Describe the benefits of global expansion for firms.What is strategy? How does strategy relate to a firm’s profitability?What is the most common approach to expatriate pay? Explain this form of compensation. What is the advantage of this approach?How can a firm increase the probability of selecting a good partner?What factors can jeopardize the success of a firm’s international communications?StudyingThe Final Exam will cover Chapters 6 – 11, 13, 15, 18, and 19.
Review the Key Terms (located at the end of every chapter) and locate the definitions and examples presented in the chapter. Make flashcards or create a definitions outline if that helps you!
Review the Chapter Lecture Notes and any notes you may have made while you were reading the textbook chapters each week.
Re-read the Chapter Summary at the end of each chapter.
Learning Goal: I’m working on a international trade project and need an explanation and answer to help me learn.The company selected is SADAFCO which is A Saudi company, Fir further information please read the attachment. – A brief description of the company and the industry it operates in (0.5) – A brief description of the country (0.5) -Recommended entry mode- strategy and rational 1- Recommended business activities – operation and rational (0.5)
– Recommended marketing strategy (0.5)
– Your plan to introduce your product or service (penetration) (0.5)
– Follow up actions and next steps (the plan for following 5 years) (0.5)
– Clarity and Organization of the slides (0.5)
– Being on Time (0.5)
Requirements: as long as it takes | .doc file
Learning Goal: I’m working on a international trade discussion question and need a sample draft to help me learn.Chapter 17, 18, 19 ForumCh. 17 Discussion Prompt:When establishing relationships in the global supply chain, what considerations should a firm make to cultivate its role in partnering with other entities?
Give an example of how inter-organizational relationships in global supply chains can be based on coordination, integration, and transactional versus relationship emphasis?
Assignment Resources:Before you complete this assignment:Read Chapter 17
Ch. 18 Discussion Prompt:Imagine that you are the marketing manager for a U.S. manufacturer of disposable diapers. Your firm is considering entering the Brazilian market. Your CEO believes the advertising message that has been effective in the US will suffice in Brazil. Your CEO also believes that the pricing decisions in Brazil can be delegated to local managers. Outline some possible objections to using the same marketing message that is used in the US. Use examples of poor advertising that did not translate well in another country.
Do you agree that pricing decisions should be delegated to local managers? Why or why not?
Assignment Resources:Before you complete this assignment:Read Chapter 18
Review the Chapter 18 Lecture Notes
Ch. 19 Discussion Prompt:Discussion Prompt:What are the main advantages and disadvantages of the ethnocentric, polycentric, and geocentric approaches to staffing policy?
Are there times when each approach might be appropriate? Justify your answer for each.
Assignment Resources:Before you complete this assignment:Read Chapter 19
Review the Chapter 19 Lecture Notes
Assignment Requirements:This assignment requires that you post THREE (3) times for each discussion post: ONE (1) initial posting for yourself. Answer each question thoroughly to receive full points. Use current examples you observe to illustrate your answer and cite the textbook to support your answers. (3)(Around 200 words each)TWO (2) responses to your classmates’ postings (5 points each). Your responses must add to the conversation by offering your insight into the answer your classmates posted. It must go beyond complimenting or saying what you like about the post; you must bring something new you’ve learned to the conversation and give critical commentary. (6)(40-50 words each)
Learning Goal: I’m working on a international trade writing question and need a sample draft to help me learn.Preparation for this Assignment:While every business enterprise is primarily concerned with financial success, economic and social influences on the host country should also be considered. In this module, your goal is to determine potential dimensions for measuring global business success.Before you complete this assignment:Read Chapters 17, 18, and 19
Review the Chapter Chapter 18, and Chapter 19 Lecture Notes
Assignment: Create a 500- word report consisting of the following components: An overview of potential financial gains from the proposed global enterprise.
A description of possible economic benefits for the countries involved.
A synopsis of social benefits and possible costs associated with the proposed business venture.
Helpful ResourcesGlobal Edge CyberSite: http://globaledge.msu.edu/ (Links to an external site.)
World Bank Doing Business: https://www.doingbusiness.org/