Question
Imagine that you are the CEO of a successful domestic company. In the last 6 months, many potential clients in foreign countries have expressed a
Imagine that you are the CEO of a successful domestic company. In the last 6 months, many potential clients in foreign countries have expressed a desire to conduct business with you. You know that in order for your company to grow, you will have to expand overseas. You have recently attended a local three (3)-day international trade exposition and have gathered many brochures on the foreign companies interested in doing business with your company. After meeting with the executive committee of your successful domestic company, you decide that you will need to identify a minimum of two (2) countries for expansion and two (2) expatriates whom you will send into the chosen countries. The selected expatriates will learn about the countries’ cultures and business activities there. You must prepare a report for the potential employees who may want to take an overseas task, the executive committee, and the board of directors. Next, conduct research on leveraging expatriates over country nationals for business overseas. Finally, research books that could help expatriates in their transition to working overseas
Write a paper in which you: create a guide to leveraging expatriates. The guide should include four to six (4-6) sources that address benefits and challenges of sending expatriates to other countries. Examine the major benefits that this report can provide for the organization, and suggest two (2) uses for the information contained therein. Justify your response. Analyze the major factors (e.g., distance, cultural background, knowledge of the related countries, languages spoken, relatives who may live in another country, etc.) that would influence your choice of countries into which your company would expand. Recommend two (2) countries for expansion.
Provide a rationale for your response. Determine three (3) criteria that you would consider when deciding which employees to send abroad. Justify your response.
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1 Guide to leverage expatriates Engage the expatriates to leverage the experience and knowledge before its too late and expat starts getting second thoughts of working with another company Expatriate ...Get Instant Access to Expert-Tailored Solutions
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