Question
2-1 Milestone One I need some help, I have deleted my work on this project about three times, and I am having a hard time
2-1 Milestone One
I need some help, I have deleted my work on this project about three times, and I am having a hard time putting together.
You have explored the fundamentals of global business, such as critical drivers for expanding domestic trade and cultural considerations. In this milestone, you will complete the first part of your project by explaining what you have learned about a global company so far.
You are a business analyst working at a small domestic organization that produces high-quality cell phone cases. The company has begun to see its sales flatten in the domestic market. While the company is not losing money, leadership would like to explore options to continue to grow. One opportunity that the administration has noticed competitors attempting is entering international markets.
You have been asked to examine the benefits, drawbacks, and critical considerations for your company to enter one of the global markets below and to summarize your findings in a business brief for leadership.
I have selected Brazil as my international market to use for my project:
Drivers for Global Entry: Develop the first section of the Business Brief Template that explains the purpose of global expansion, business impacts of international business, societal implications of a worldwide company, and cultural considerations using evidence from the course and outside resources to support your explanations. Make sure to use evidence from resources to help your responses.
Specifically, it would help if you addressed the following rubric criteria:
Country Selection: State the country you have selected to use for your course project.
Purpose of Global Expansion: Explain the critical benefits of successful global expansion for domestic organizations.
Business Impacts of Global Business: Explain how the international development of a domestic organization can impact business operations such as strategic planning, marketing, supply-chain management, human resources, and so on.
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.
Cultural Considerations for Global Business: Explain the importance of researching the culture of a potential global market before market entry, as well as critical cultural considerations to explore to inform expansion decisions.
INT 220 Business Brief Template Course Project
Template by replacing the bracketed text with the relevant information.
Section One: Drivers for Global Entry
[Explain the purpose of global expansion, international business and societal impacts, and cultural considerations for multinational companies. Use evidence from the course and outside resources to support your explanations and use complete sentences.]
Section Two: Market Profile
the tables below use data and statistics to support your comparisons. Use words, phrases, and numbers to complete the tables, not complete sentences.
Cultural Profile
Category | United States | Brazil |
---|---|---|
Commonly Spoken Languages | [Insert information.] | [Insert information.] |
Commonly Practiced Religions | [Insert information.] | [Insert information.] |
Power Distance Index (PDI) | [Insert information.] | [Insert information.] |
Individualism Versus Collectivism (IDV) | [Insert information.] | [Insert information.] |
Masculinity Versus Femininity (MAS) | [Insert information.] | [Insert information.] |
Uncertainty Avoidance Index (UAI) | [Insert information.] | [Insert information.] |
Long-Term Orientation Versus Short-Term Normative Orientation (LTO) | [Insert information.] | [Insert information.] |
Indulgence Versus Restraint (IVR) | [Insert information.] | [Insert information.] |
Political and Economic Profile
Category | United States | Brazil |
---|---|---|
Political System | [Insert information.] | [Insert information.] |
Current Leaders | [Insert information.] | [Insert information.] |
Economic Classification | [Insert information.] | [Insert information.] |
Economic Blocs Impacting Trade | [Insert information.] | [Insert information.] |
Gross Domestic Product | [Insert information.] | [Insert information.] |
Purchasing Power Parity | [Insert information.] | [Insert information.] |
Gross Domestic Product Per Capita | [Insert information.] | [Insert information.] |
Human Development Index | [Insert information.] | [Insert information.] |
Human Poverty Index | [Insert information.] | [Insert information.] |
[Compare and contrast important political and economic factors for your selected market against those in the domestic need. Elements should include political systems, current leaders, and financial measures or characteristics used in classification.]
Section Three: Market Considerations
the table below supports your explanations using current exchange rates.
Exchange Rates
Category | The U.S. Dollar | Brazil |
---|---|---|
Exchange Rate | [Insert information.] | [Insert information.] |
Legal and Regulatory Considerations
[Compare and contrast essential market considerations for your selected market against those in the domestic need. Explain the similarities, differences, and concerns for conducting business between the two markets, such as general legal and regulatory requirements, monetary and management logistics, and mode-of-entry considerations.]
References
[Include any references you cited .]
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