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Scenario: You have started a company in Ontario, Canada ( fashion Services ) and it has grown from 5 employees to 50 employees over the
Scenario: You have started a company in Ontario, Canada (fashion Services) and it has grown from 5 employees to 50 employees over the past five years. You have decided it is time to look into opening a division in a foreign country (London , UK) to continue to support your growth and increase your customer market. |
With your hypothetical company and foreign country in mind:
- Create an overview of your fictious company and identify which foreign market (State & Country) you will be researching. (Remember, your current location is Ontario, Canada)
- Provide details of both.
- Compare and contrast your hypothetical company and location to the Canadian market: (Please use headings for each. A chart may also be helpful)
- Minimum five employment law considerations
- Cultural values/barriers/challenges, communication styles & behavioural expectations within the workplace
- Political climate
- Economic climate
- Complete a SWOT Analysis for entering the new market. (Use a SWOT chart with a minimum of three points in each quadrant. Ensure you are specific to your company entering the new market.
- Cost-of-living
- Anything else of significance
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