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. Identify a company which has International operations and prepare a project on the following lines: a . Get in touch with a small business
Identify a company which has International operations and prepare a project on the following lines:
a Get in touch with a small business in Bahrain which wants to expand its business in any of the GCC countries.
b The product has to be a physical product and should be legally allowed by the government to be traded nationally and internationally.
c The title of the project would be A Strategic Plan for International Management of Company Name in choose any one of the country
d Please prepare a plan on the following lines.
I. Executive Summary
Objective: Summarize the key objective of the project.
Scope: Provide an overview of the scope of the strategic plan and the international management aspects it covers.
Key Highlights: Briefly highlight the key elements and recommendations of the strategic plan.
II Introduction
Background
Provide a brief background on the organization or industry for which the international management strategic plan is being developed.
Rationale
Explain the need for an international management strategic plan, considering the global business environment and the organization's goals.
Objectives
Clearly state the specific objectives of the strategic plan.
III. Environmental Analysis
PESTEL Analysis
Conduct a PESTEL analysis to assess the macroenvironmental factors influencing international management.
SWOT Analysis
Perform a SWOT analysis to identify the organization's internal strengths and weaknesses, as well as external opportunities and threats.
IV Vision and Mission
Clearly define the organization's vision and mission in the context of international management.
V Goals and Objectives
Establish specific, measurable, achievable, relevant, and timebound SMART goals and objectives for international management.
VI International Market Entry Strategy
Market Selection
Identify and evaluate potential international markets based on strategic criteria.
Entry Mode
Determine the most suitable entry modes for the selected international markets.
Risk Management
Develop strategies for managing risks associated with international market entry.
VII. CrossCultural Management
Develop a plan for effective crosscultural management, addressing cultural differences and fostering a global organizational culture.
VIII. Resource Allocation and Budgeting
Outline the allocation of resources required for implementing the international management strategic plan.
Develop a budget detailing the financial aspects of the plan.
IX Implementation Plan
Provide a stepbystep plan for the implementation of the international management strategies.
Include timelines, responsible parties, and key milestones.
X Monitoring and Evaluation
Establish key performance indicators KPIs and a framework for monitoring and evaluating the effectiveness of the strategic plan.
XI Risk Mitigation
Identify potential risks associated with the implementation of the strategic plan and propose mitigation strategies.
XII. Communication Plan
Outline a communication strategy for internal and external stakeholders, ensuring alignment and transparency.
XIII. Conclusion
Summarize the key points discussed in the strategic plan.
Emphasize the strategic significance and potential impact on international management.
XIV. References
List all the sources, literature, and materials referenced in the strategic plan.
XV Appendices
Include any additional supporting materials, charts, graphs, or data used in the strategic plan.
Ensure that each section is detailed and wellstructured, providing a clear roadmap for developing and implementing the international management strategic plan. Customize the format to suit the specific requirements of your project and academic guidelines.
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